Round-ups on every card payment
£3.40 coffee becomes £4.00. The 60p lands in savings by midnight.
Savings, done properly
Money that grows while you get on with life.
A savings account with a 4.35% variable rate, round-ups from every card payment and no minimum balance. Open one in four minutes.
4.35%AER variable · interest paid monthly · deposits protected to £85,000
Built for people who forget to save
Swipe through what Loam does on its own.
Pots with a finish line
Name a pot, set a date, and Loam works out the weekly amount for you.
Sweep the leftovers
The day before payday, anything above your buffer moves to savings.
Covered up to £85,000
Deposits held with a regulated bank partner. Withdraw any time, no notice.
4.8from 21,400 reviews
The LedgerWeekend MoneyFjord ReviewNorthern Times
Questions, answered
Is the 4.35% rate fixed?
No. It is variable and tracks our base rate. We give 30 days' notice before any decrease, and increases apply the same day.
Can I withdraw whenever I want?
Yes. Transfers to your linked current account arrive in under two hours, 24 hours a day, with no notice period or penalty.
How do round-ups work with shared cards?
Each cardholder links their own card. Round-ups from that card go to the pot they choose, so nobody funds someone else's holiday by accident.
What does Loam cost?
Nothing. There is no monthly fee and no minimum balance. We earn a margin on deposits, which is disclosed in the account terms.