Algbra - Ethical Finance
The Ethical Finance Movement
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Description

Discover Algbra, the rewarding ethical finance app that aligns your values with your finances while offering cashback rewards. Download now and revolutionise your financial journey!

- Ethical & Sustainable
You can be confident that your money is protected from any of the unethical industries you would never want your money to be invested in, including arms, tobacco, fossil fuels, gambling and beyond. Open your ethical, sustainable and values compliant UK digital money account today.

- Supercharged Cashback
Feel good about spending and get rewarded for it. Enjoy up to 1.5% cashback on everyday spending with Algbra. Make your weekly shopping and treats even more rewarding with daily cashback! Watch your weekly shop and sneaky treats add up to something more when you pay with your debit card.

- Fair, Clear, Transparent Fees without Foreign Transaction Costs
What you see is what you get. We offer transparent, accessible, interest-free products, and you’ll never be confused or surprised by a fee. Plus, avoid extra charges when spending abroad in different currencies.

- Track & Offset Carbon Footprint
Measure your carbon impact on every transaction and use our carbon offsetting tools to manage your footprint. Climate change is a reality and action starts with what we do and how we spend everyday.

- Community-driven
Make a difference, with a tap. Donate to the causes that matter to you, with in-app Donation feature. Empower communities, read inspiring stories and support incredible initiatives, directly from the app.

- All the features you'd expect
• Fast onboarding without affecting your credit score
• Cashback rewards on everyday spending or subscriptions like Spotify, Netflix, Disney, Amazon Prime and others
• Free contactless & virtual debit cards
• Control your card at anytime
• Secure online with your virtual Algbra card & in-store payments using Apple Pay
• Top-up your account instantly using your existing bank account like Monzo, Revolut, Hsbc, Barclays, NatWest and others
• Instant payment notifications to keep track of your finances
• Spending analytics
• Easy transfers & requests in a few taps
• No hidden fees for international transactions
• Donate to selected UK charities directly

Algbra Group Limited is a limited company registered in England and Wales with company registration number 12629086.

Algbra Group Limited is authorised as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA) with registration number 952360.

The Algbra card is issued pursuant to a licence by Mastercard International Incorporated. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
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User Rating

4.76 out of 5

1,354 ratings in United Kingdom

5 star
1,218
4 star
60
3 star
17
2 star
6
1 star
53

Ratings History

Reviews

Update bug

Pandora879 on

I’ve just updated the app and when I open it, it keeps telling me to update the app even though I’ve just done it. As a result, I’m unable to access my account.

My funds

fizofingy on

Hello, The customer service are not getting back to me yet or even taking time to even reply a single email. I have dropped my nominated account since on the 11th of January 2024 and I was told it will take 28days but it’s not over 28days delayed. I have bills to pay please HELP. Thanks

Verification very very slow

99dylan on

“Open an account in minutes”… I’ve been waiting for verification for a week since submitting ID/selfie…

Refusing to return my money they are holding

fmonzo on

I have three bank transfers pending now for 3 weeks. I messaged and got we will look into it reply. Nothing since. Where is my money. It’s now been 3 weeks they have held my money.

Reliable and responsible banking

MH Khan786313 on

Amazing customer service! Everything runs smoothly. Points for improvement: International transfers Direct debits and recurring payments Ability to delete the details of recipients Cash deposit at PayPoint.

Decent app, limited benefits

Dink Dangerfield on

App is decent, had good benefits (cashback) but it’s expiring soon. Pay at pump services don’t work though as Algbra doesn’t allow those types of transactions. Support is responsive but it seems the agents can’t answer some questions about their services such as the previously mentioned pump payments. The other downside is that the there’s no FSCS protection however as they only offer a current account that’s not a huge deal. Overall good but not a long term challenger to Chase as an example. Also it’s nice how the cash-back automatically goes into your account, but it’s not great that it’s so frequently as when looking back over my transactions it’s adds a lot of visual clutter to look back through loads of tiny cashback payments.

The best digital banking app

HawraNezari on

Firstly, huge thanks to algbra for this incredible movement. Much needed in our society for environmental awareness, ethical habits and the convenience of day to day banking. Have never been happy for any application as much as I am using algbra. It is becoming a lifestyle more than money managing application. Absolutely incredible job team algbra 🌸

Closed my account

Ma90113 on

Closed my account for no reason and without giving me a reason lol, I guess I’ll stick with monzo. All these banks are just full of joke

😍😍

Hussain786@ on

Great service

Please add Apple Pay and debit card top ups

Jack Man 28 on

Such an underused feature and people love it. Even add a 0.15% fee each time and free for a subscription plan and people will still use it have a subscription plan to keep cashback rewards at 1.5% say and credit score in app. Interest on balances and more. People will pay for that. Make the bank just have more features. Forget these insurances just gives us value for our money And cashback, interest and credit building tools and free card and Apple Pay top ups. Revolut leading this charge.

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App Info

Category
Finance
Languages
English
Recent version
0.232.13 (4 days ago )
Released on
Jun 20, 2022 (2 years ago )
Last updated
3 weeks ago