Top Digital Banking Providers in the UK
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Immediate account opening
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Safe & regulated banking services
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Simple, cost-effective, 100% app-based banking
Top Rated Choice
Why Use a Digital Bank
24/7 availability
No matter where you are, at home or abroad, you can access your bank account via the app, check your balance, manage your savings, get customer support, make payments and even lock your debit card if needed. You’ll also receive real-time spending alerts to help you stay on top of your money. No need to make appointments, queue at branches, or lose working hours to manage your finances.
Get approved quickly
Opening an account with a digital bank is simple, with no lengthy paperwork. Just download the app, verify your identity, top up your account, and you’re good to go.
Lower fees
Another main reason to use a digital bank is the low (or even no) fees. As an online platform with no physical branches, digital banks can offer lower fees than traditional banks — especially when it comes to ATM withdrawals, money exchange/international transfers, and payments abroad.
Makes travel easier
Unlike high-street banks, some mobile banks offer loans with a much simpler process. In most cases, if you apply for a loan and are approved, your funds will be transferred to your bank account within minutes of approval.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With digital banks everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the icing on the cake.
Fast loans
Unlike traditional banks, some mobile banks offer loans with a much simpler process. In most cases, if you apply for a loan and are approved, your funds will be transferred to your bank account within minutes of approval.
What is a Digital Bank?
