Tandem Bank Limited

 (2.9 from 23 ratings)
2.9 23

Harrods Bank was a banking division of Harrods Department Store. Harrods Bank offered a broad range of banking, savings and lending products to individuals and business clients. On 10 January 2018, Tandem completed its acquisition of Harrods Bank Limited with the latter immediately renamed as Tandem Bank Limited. Tandem Bank is a new, online-only, mobile-focused bank with no branches (although with call centres). Tandem Bank provides retail banking products including current accounts, credit cards, savings, and loans.

Services

retail banking

Clients

natural persons

Area Served

United Kingdom

Products

current accounts
savings accounts
time deposit accounts
credit cards

Account Opening

completely online
within a few minutes

Ways to Bank

mobile app

Financials

Total Assets (2018)
493.68 mln GBP  (+0.33%)
Annual Profit (2018)
-13,724,000.00 GBP  (+29.25%)

Tandem Bank Limited is the 128th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 493,68 mln GBP, providing the bank with the market share of 0.01%. In 2018 the bank's annual profit was -13,72 mln GBP.

Tandem Bank Limited participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

Contacts

87-135 Brompton Road, Knightsbridge, SW1X 7XL, London, United Kingdom
44 02072256789
44 02072253712

Tandem Bank Limited is headquartered in London.

Bank Identifiers

Company Number
00955491
MFI ID
GB1345

Bank History

Start Date
June 1969
Previous Name
Harrods Bank Ltd