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Tandem launches travel cashback card

Martin Greenland | 13:51 Tuesday 20th February 2018

Tandem Bank has announced the introduction of its travel cashback card.

The card – which is Tandem's first product in the UK – offers customers 0.5% cashback on all purchases monthly, no overseas transaction fees and a competitive exchange rate.

Tandem's cashback card

Tandem's cashback card uses MasterCard's exchange rate.

It offers an APR of 18.9% and will be integrated into Tandem's banking app, which provides customers with real-time updates.

Tandem customers will receive free protection on purchases over ?£100, meaning their money is protected if the retailer goes bust.

“We took a close look at the lifestyle, values and spending behaviours of our customers and produced a card that helps you earn as you spend, spend abroad without worry and borrow as it suits you,' said Sven Schindele, senior product manager at Tandem (pictured above).

“We hope our customers find the card a helpful companion in all situations in life at home and abroad.'

Ricky Knox, CEO at Tandem, added: “With our new banking licence, our banking app and our new credit card, 2018 is going to be a great year for Tandem.

“We are looking forward to getting our colourful cards into the hands of customers – I can't wait to start seeing customers tapping around town.'

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