Life's too short to miss out
That's why we've created a banking experience that shows what you can do, when you can do it and how much it will cost you. We do this through tech. Really smart tech. And we've even figured out how to do this without getting you in debt.
Get going in minutes!
It takes five minutes to set up your Loot account - we just need a photo of you, your ID/Passport and your UK address. Once we have approved your details your prepaid Loot MasterCard® is printed, packaged and sent to off to you - ready to use.
Your Loot card comes complete with a sort code and an account number so that you can get going immediately.
Loot is incredible! Instead of spending weeks looking for an appointment to open a bank account, I had my Loot account in less than 10 minutes.- Sam, Loot V1 user
We’re not a bank, we’re better
Ready to take
abroad
Transaction
categorisation
Spending
reports
Instant
notifications
Tailored offers to
lower spending
Get in the know
Automatic categorisation
So, what does this actually mean? We group your transactions into categories, including things like entertainment and travel. We help you understand, and then show you exactly where you’re spending the most money each month.
How do you compare?
We’ve created a feature that will compare your spending against other users (anonymously, of course). So you know exactly when you are spending way more on beer than the average person.
Take us anywhere!
You love to explore the world, so we’ve made it even easier for when you do. We’ll show your balance in the local currency when you get there and give you a quick summary of your spending when you arrive home. We don’t have hidden fees either, instead we offer you a really competitive foreign exchange rate*
Avoid fomo
You don’t need to miss out on anything. Set specific targets that you want to hit and the app will budget your daily spend around your goal - you might just find you reach it quicker than you first thought.
We give you more
Than just banking features. We know your favourite places and our mission is to help you discover something new. That’s why we personally handpick offers and rewards at loads of different shops, bars, restaurants and cafes.
How secure is Loot?
We know this part is really important, so let’s be serious for a second.
The Loot MasterCard ® and account is an electronic money product supplied by Wirecard card solutions. Wirecard are authorised and regulated by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref: 900051)
In short, Wirecard provide your Loot account and prepaid debit card. We’ve built our app on top of their system, so you can get the most out of our awesome features whilst knowing that your money is being looked after.
That’s not all...
Lost card?
Block and unblock your card within the app if it is lost or stolen
Support
Message us using the in-app chat for quick help and support (and GIF’s)
Contactless card
Touch your card onto a contactless card reader and spend up to £30 without needing your PIN
Direct debits
For that gym membership you’ll probably never use
Faster payments
Send and receive money quicker than Usain Bolt (ok...maybe not)
International payments
Preferential rates on receiving money from overseas