Online Only & Digital Banks

With no physical branches and generally no telephone banking, online-only banks are accessible only via smartphone, computer and other digital devices. These banking services are fast, free and paperless, making them ideal for paying bills and transferring money quickly and conveniently. Most new banks are online or app-only; find out more about them below.

Bo Bank (AKA Bó Bank) is from NatWest and is available to download from app stores. We'll have more information and a full review of Bó very soon.
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Describing itself as a ‘100% mobile, multi-award-winning current account provider’, Monese offers bank accounts that you can open ‘in minutes’. Does Monese make money easy, as their...
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Winning Britain's Best Bank 2019, Starling is arguably amongst the biggest and most well-known challenger banks. Starling’s vision is to ‘create a better bank for everyone’. Is...
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Its name suggests that it’s revolutionary. It also makes it sound like a vodka brand. For frequent travellers and those with friends overseas, this may be the ideal bank. First...
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About Zopa Bank Zopa is a British financial services company based in Buckinghamshire. It was founded in 2004 by a team from Egg internet bank and officially launched in 2005. Originally...
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About Loot Loot is a financial services company based in the UK, founded in 2014 by then-student Ollie Purdue. It offers a digital-only current account specifically aimed at students...
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About Wyelands Bank Wyelands bank is a bank for small and medium-sized businesses in the UK. It began life in 2016 when it was acquired by entrepreneur Sanjeev Gupta through a family...
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About Tide Tide is a new challenger bank headquartered in London. It is a digital-only bank offering business banking services to companies registered in the UK. The primary...
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Pocket money has evolved from the days of handing out spare change for doing chores around the house. The latest (and easiest) way to manage and keep track of your children’s finance...
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About Shawbrook Shawbrook is a commercial and retail bank based in the United Kingdom. Until 2017 it was part of Shawbrook Group PLC but was acquired in July 2017 by a consortium...
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About Charter Court Financial Services A financial services company based in the United Kingdom, Charter Court Financial Services operates across three separate, specialised strands....
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About Masthaven Bank Masthaven Bank was founded in 2004. At that time, the company only offered secured lending and bridging loans. After receiving a banking licence in 2016, Masthaven...
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