No. We partner with many firms to bring quality financial products (like Easy Access Savings Accounts and Me2Me bank transfers) to our customers.
Our focus, in addition to selecting quality partners, is on supplementing the core financial products on offer with valuable tools that enable our customer to better manage and organise their savings. Ultimately we believe that our customers demand better tools to help manage their savings better.
This arrangement benefits our customers in multiple ways:
- We are able to pick (and change) who we consider and the best providers in the market
- Our customers are not at any financial risk to Marygold. No money is ever paid through Marygold accounts
- Our customers become direct customers of our banking partner (Griffin Bank Ltd)
- Our customers are covered by the FSCS compensation scheme