Tandem Credit Card Review 2025 : 0.5% Cashback

Looking for a credit card that helps you save while you spend? The Tandem Cashback Credit Card gives you 0.5% cashback and no FX fees, perfect for travelers and savvy shoppers.

Key Takeaways

• Cashback Rewards: Earn 0.5% cashback on all purchases.
• No FX Fees: Spend abroad without extra charges.
• Travel-Friendly: Fee-free international ATM withdrawals.
• Two Card Options: Cashback for frequent spenders; Journey for credit building.
• Alternatives: Compare with Aqua Reward, Amex Platinum Cashback, and Curve cards.
• Ideal Users: Frequent travelers and everyday shoppers prioritizing savings.

---

In recent years, the rise of competition in banks and innovative credit card offerings has changed how consumers manage their finances. Among these offerings, the Tandem Cashback Credit Card stands out and introduces a new attractive cashback of 0.5% on all purchases with no foreign exchange (FX) fees.

In this review article, we will discuss the features, pros, cons, and alternatives of Tandem Credit Card to help you decide if it’s the right choice for you.

What is the Tandem Credit Card?

Tandem Credit Card is a financial technology company offered by Tandem Money. It was started in 2013 as a money management app. Over the years, Tandem has introduced credit cards to meet modern consumer needs. Currently, Tandem offers two types of credit cards:-

• Tandem Cashback Credit Card
• Tandem Journey Credit Card

Who owns Tandem Bank?

Tandem Bank is owned by Tandem Money Limited, founded by Matt Cooper, Ricky Knox, and Michael Kent. Paul Pester, a former UK Treasury advisor, is the current Chair.

Let’s explore the standout features of these cards and how they cater to different users.

Features of Tandem Cashback Credit Card

The Tandem Cashback Credit Card is designed for savvy spenders and frequent travelers. Here is the special feature of the card:-

• 0.5% Cashback on All Spending: Earn cashback on every purchase, whether you are shopping locally or internationally.
• No Foreign Exchange Fees: Avoid the usual 3% fee charged by most UK credit cards when spending abroad.
• Fee-Free International ATM Withdrawals: Withdraw cash abroad without additional charges. (Note: Interest applies from the day of withdrawal.)

Real-Life Scenario

Imagine booking a hotel in Paris or dining at a cozy Italian restaurant, knowing you are saving on FX fees and earning cashback. That is where the Tandem credit card shines. Over the course of a week-long vacation, these savings can add up to a significant amount, especially for frequent travelers. John Lewis Credit Card Review

App Functionality

The Tandem app offers simple features like bill reminders and spending tips, but it’s not as advanced as apps like Monzo or Curve. However, it stands out with cashback and no foreign transaction fees. If you care more about rewards than fancy app features, this card might be a great choice for you.

Tandem Journey Credit Card

The Tandem Journey Credit Card is designed for individuals who are interested in building their credit profiles. Here is how it differs from the rest of the Cashback Credit card:-

• No Cashback on Purchases
• Lower Credit Limit: Starting at £150, compared to £500 for the Cashback card.
• Fee-Free International Spending

This card is ideal for first-time credit card users or those looking to improve their credit scores. For instance, a university student studying abroad might find this card useful for managing expenses without worrying about FX fees. However, if you qualify for the Cashback card, it’s a better choice due to its added advantages. Zilch Credit Card Review

Pros and Cons of the Tandem Credit Card

Pros

• Market-Leading Cashback: Earn 0.5% cashback on all purchases.
• Travel-Friendly: No FX fees and fee-free ATM withdrawals make it a great travel companion.
• No Annual Fee: Enjoy these benefits without any yearly charges.
• Accessibility: Both cards cater to different needs, from first-time users to seasoned travellers.

Cons

• Basic App Features: The app lacks advanced functionality compared to competitors.
• Immediate Interest on Cash Withdrawals: Interest accrues from the day of withdrawal.
• Potential Unsustainability of Cashback: The 0.5% cashback rate may not last long due to market pressures.
• Limited Additional Perks: Unlike premium cards, it doesn’t offer travel insurance or lounge access.

Alternatives to the Tandem Credit Card

If you are looking for some alternatives of Tandem Credit Card. Here are some of the best credit cards you may consider:-

Aqua Reward Card

• Similar Cashback: 0.5% cashback on all spending.
• Higher Interest Rate: 34.95% compared to Tandem’s 18.9%.
• Lower Credit Limit: £250 to £1,200, versus Tandem’s £500 to £12,000.

This card is a solid option for individuals with lower credit scores, though the higher interest rate can be a drawback if balances aren’t paid off monthly.

American Express Platinum Cashback Card

• Higher Cashback: 1% on spending up to £10,000 and 1.25% above that.
• Welcome Bonus: 5% cashback (up to £125) in the first 3 months.
• Annual Fee: £25, offset by a £25 sign-up bonus.

Amex offers higher cashback, its FX fees and merchant acceptance limitations make it less suitable for international travelers.

Curve Card

• All-in-One Card: Consolidates multiple cards into one.
• Fee-Free Spending Abroad: Up to £500 per month.
• No Cashback on Most Cards: Cashback is limited to promotional offers.

The Curve Card is ideal for those juggling multiple credit cards, but it lacks consistent cashback benefits.

Comparison Table of Different Credit Card

Feature	Tandem Cashback Card	Aqua Reward Card	Amex Platinum Cashback Card	Curve Card
FX Fees	0%	0%	2.99%	0% (up to £500/mo)
Cashback	0.5%	0.5%	1%	Limited Promotions
Interest Rate	18.9%	34.95%	22.9%	N/A
Annual Fee	£0	£0	£25	£0

Tips for Maximizing Your Tandem Credit Card Benefits

• Pay Your Balance in Full: Avoid interest charges by paying off your balance every month.
• Use It Abroad: Take full advantage of its no FX fees for international spending.
• Track Cashback: Regularly check the app to ensure cashback is credited correctly.
• Pair with a Rewards Program: Combine it with loyalty programs like Tesco Clubcard or Nectar for additional savings. Yonder Credit Card Review

Is the Tandem Credit Card Right for You?

If you are a frequent traveler or someone looking to earn cashback on everyday purchases, the Tandem Cashback Credit Card is an excellent choice. Its combination of no FX fees and cashback is rare in the UK market. However, if app functionality or premium perks are priorities, competitors like Curve or Amex might be more suitable.

For Budge Conscious Travelers

Consider this scenario – You are planning a two-week trip across Europe. With the Tandem Cashback Card, you avoid FX fees and earn cashback on all your expenses, from booking train tickets to dining at local bistros. Over time, the savings could offset costs like travel insurance or extra baggage fees.

For Everyday Shoppers

If you are someone who shops frequently online or at local stores, the cashback feature ensures you are rewarded for every purchase. Small savings on everyday items can add up significantly over a year.

Contact Customer Support

If you need help with Tandem Bank’s services or have questions, here is how to reach them:-

• Savings Support:
  • Email: [email protected]
  • Call: 0203 370 0970
  • Live Chat: Available on their website
• Motor Finance:
  • Email: [email protected]
  • Call: 0191 492 1919
• Bespoke Mortgages:
  • Email: [email protected]
  • Call: 0292 010 3044
• Home Loans:
  • Email: [email protected]
  • Call: 01253 603 962

Conclusion

The Tandem Cashback Credit Card is a great choice for travelers and cashback lovers, offering 0.5% cashback and no foreign transaction fees. Although the app could be better, the card’s perks make up for it. If you’re strolling through Paris or shopping online, this card helps you save and earn rewards effortlessly.

Ready to make the switch? Apply for the Tandem Cashback Credit Card today and start enjoying the perks of smart spending.

If you still have any queries, please write in the comment section we will try to reply as soon as possible. Also, If you like the information provided in the article do share it with your friends and colleagues.