Starling’s ‘Connected Card’ endorsed by the Royal Voluntary Service and Scope

By Aisling Finn on Wednesday 3 June 2020

Digital Banking

Since its launch over 15,500 Connected Cards have been issued by the digital bank.

Starling’s ‘Connected Card’ endorsed by the Royal Voluntary Service and Scope
Image source: Anne Boden/Starling Bank

Starling Bank’s ‘Connected Card’ was endorsed by both the Royal Voluntary Service and national disability charity Scope yesterday. 

Both organisations said they recognise it as a trusted payment card for the vulnerable and those self-isolating

The move is a huge vote of confidence for Starling’s Connected Card initiative, which has now seen over 15,500 cards issued by the digital bank (and was subsequently copied by RBS and NatWest).

Anne Boden, founder and CEO of Starling Bank, said: “We wanted to find a practical solution to a very real problem, so we launched the Connected card to help our customers pay for supplies bought for them by trusted friends and neighbours without the hassle of transferring money or handling cash.” 

“It’s great to see the card being used by NHS Volunteer Responders, who are performing such a vital role.”

The Connected Card was introduced by Starling back at the beginning of April to help those self-isolating because of coronavirus.

Protected by a PIN and with a balance limit of £200, the Connected Card can only be used in shops and not online, giving the account holder control over their money when they’re unable to visit the shops themselves.

Starling has recently introduced several products to help those feeling the coronavirus-related tug on the purse strings.

Just last week it was revealed that Starling had raised another £40m, taking its total raised this year to £100m, to help bolster its SME banking platform, which has attracted 55,000 more business customers since the beginning of February. 

Starling also introduced the Coronavirus Support Scheme which offers customers facing financial difficulty a three-month overdraft interest holiday.  

Anne Boden’s bank was one of the first fintechs to gain both CBILS and Bounce Back Loan accreditation and is well on its way to dishing out more than £600m in government-backed loans.

Despite this, Starling has experienced several hiccups with its Bounce Back Loans after it stopped accepting new sole trader accounts due to “record demand.”

Starling has also teamed up with fellow accredited fintech, Funding Circle, to funnel £300m of its CBILS SME lending allowance to businesses.

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.