Today I’m going to be taking a closer look at one of the UK’s leading digital challenger
banks, Starling Bank.
I’ve recently downloaded the app and got my very own mint-green card, so as well as
giving you an overall review of Starling Bank, I’ll take you on a hands-on tour around
the app and its features and explain how Starling keeps your money safe and secure.
When you sign up with Starling Bank, you get a free current account, mint-green debit card
and an app that lets you manage your money, budget and save, all from your phone.
Starling Banks works much in the same way as its competitors like Monzo and Revolut.
But what sets it apart are its zero card payment fees and no limit on free ATM withdrawals,
both at home and abroad, and the fact that you can earn interest on your savings without
having to use an external provider.
Sure, at 0.05% the interest rate might not be much to write home about, but it’s better
than the 0% offered by Monzo and Revolut.
For the purpose of this video, I am going to be reviewing the free current account.
But Starling Bank also offer a range of paid-for premium accounts with extra features; as well
as joint accounts, business accounts and a Starling Kite account for kids aged 6-16.
Having recently set-up my own Starling Bank account, I can say that the sign-up process
was really easy and straightforward.
All you need are a few details, photo ID and to record a short video clip to confirm your
identity.
Unlike with other apps, I never felt like I was scrabbling around to find the right
documents.
And from the get-go the app’s interface is clear and sophisticated, everything can
be done at the click of a button.
Home * Your balance info
* What you’ve spent today * Swipe to the left - what you’ve spent
this month * Click person icon - access personal account
details and manage your accounts (view statements, add money, browse marketplace partnership
providers which offer ways to compare insurance, pensions and mortgages, manage subscriptions,
refer a friend) * Button of page, pull up bar - see and search
all transactions
Card * Card controls and details
* Click card controls - views options
Spending * View how much you’re spending on what
* Filter by month/category/merchants
Payments * View recent payments
* Send and request payments * Collate subscriptions and regular payments,
direct debits and standing orders in one place * Switch salary and direct debits to Starling
Bank
Spaces * Part of the app where you can set savings
goals and put money aside into separate pots * Saving Space - list something you want to
save for, set goal, add money, schedule payments * Set up a savings space.
* Connected card Space - extra budgeting tool, order connected card linked to
a space, the Connected Space can only hold up
to £200.
Simply withdrawal money to stop the to stop the card being used.
In-person transactions only.
* Child Card Space - how to open and manage your child’s Starling Kite account.
Overall, I found the app really intuitive and easy to use.
All the features were exactly where I’d expect them to be and they were equally simple
to set-up and manage.
It surely is!
Starling is a fully-licensed UK bank and is protected by the same regulations as your
other standard bank accounts.
The app requires a passcode log in or face ID, and you can immediately freeze or cancel
your card from the app if it gets lost or stolen.
Plus, with instant spending notifications you’ll immediately know if there’s any
unusual activity on your account.
Starling Bank is one of our top-rated digital challenger banks.
The app is user-friendly and efficient and they are constantly expanding its range of
features.
With zero fees, it’s also an excellent choice for travelling abroad.
Overall, Starling Bank is a great all-rounder offering a stylish, no fuss current account.
If you’re considering the switch to a digital challenger bank, compare which one is right
for you at finder.com - links are in the description below.
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