How to Cancel Atom Bank
Atom Bank is a fully digital bank offering savings accounts and mortgages. Account closure can be initiated through their app or by phone. Fixed-rate savings may have early withdrawal restrictions.
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Quick Facts
- 0
- Cancel online?
- Yes
- Pause option?
- No
- Refund policy
- Full balance returned. Fixed-rate accounts may lose bonus interest if closed early.
- After cancellation
- Account data retained for regulatory compliance after closure.
Cancellation Steps
Go directly to Atom Bank cancellation pageTransfer your funds
Move your savings to your linked bank account via the Atom Bank app.
Contact Atom Bank
Use the in-app chat or call 0333 399 0050 to request account closure.
Confirm closure
Atom Bank will process the closure and send confirmation.
Tips & Things to Know
- Fixed-rate savings may have early access restrictions or interest penalties.
- Easy-access savings can be withdrawn at any time without penalty.
- Check that all interest has been credited before closing.
Your Consumer Rights
- FSCS protection covers deposits up to 85,000 pounds per person.
- Atom Bank must not make closure harder than opening under the Digital Markets, Competition and Consumers Act 2024.
Frequently Asked Questions
- Can I close my Atom Bank account in the app?
- Yes. You can initiate closure through the Atom Bank app or by calling.
- Are there early closure penalties?
- Easy-access accounts have no penalty. Fixed-rate accounts may lose some interest.
- Is Atom Bank FSCS protected?
- Yes. Deposits up to 85,000 pounds are protected by the FSCS.
- How long does closure take?
- Closure typically completes within a few working days.
- Can I reopen an Atom Bank account later?
- Yes. You can open a new account through the app at any time.