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Tandem Savings Account - Time to Open

I've applied for a Tandem savings account and almost instantly got a notification that my account was up and running.

However, upon going into the app itself, it says there's further checks required.

I contacted them after a couple of days and apparently it's only going through the usual process as expected.

However, it's a week tomorrow and it's stuck on the same status. Just wondering whether anyone else has had a similar experience?

I'll be honest, for maybe the past 10 years I don't think I've had a savings account that isn't opened instantly there and then online!

Comments

  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    For 0.6% interest, why bother? Plenty of better options available.
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,543 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 20 July 2019 at 10:25AM
    You would probably make more from AA Savings TCB Cashback offer than in interest with Tandem tbh.

    And of course, Marcus at 1.5%

    I assume it's the app that has attracted you rather than the rate.

    I am one to talk though as i have (small amounts of) cash in Pots with Monzo earning 0% lol
  • DPS-2016
    DPS-2016 Posts: 57 Forumite
    Sixth Anniversary 10 Posts
    Sorry, I didn't notice replies at the time (does the forum not do notifications?).  
    Anyway, no basically the savings account was a gateway to their cashback credit card (now withdrawn).  
    Savings account still open and always had a £0 balance.  I like apps (I'm a techie) but I like higher interest rates more!
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