Overview
- Thisbank debuts following the 2024 sale of JN Bank UK, with Step One Money UK holding a 75% stake and injecting about £20m in early 2025.
- Launch products pay 3.76% on easy access and 3.99% on one- to five-year fixed terms, with deposits from £1 up to £500,000.
- The bank operates without branches, promising human-to-human phone support and no AI chatbots for customer service.
- It retains the original UK banking licence and serves more than 45,000 lending customers carried over from JN Bank UK.
- The company pledges to avoid loyalty penalties for existing savers, signals ISAs and more products to come, and targets consistent front-runner pricing rather than short-term teaser deals.