The Daily Telegraph - Business

Cus­tomers threaten to leave Tan­dem Bank

- Business · Tandem Bank

Many Tan­dem Bank cus­tomers threat­ened to close their ac­counts af­ter the start-up an­nounced it would in­tro­duce a £5.99 monthly fee. The chal­lenger bank, which has signed up more than 500,000 cus­tomers, said it would start a charge for its cash­back card. Chief ex­ec­u­tive Ricky Knox said the move was made in or­der to of­fer a “sus­tain­able” ser­vice.

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