Is this the one that was started by someone from Starling? The name rings a bell
(Edit: Apparently, it is)
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The debit card makes the Hot Coral look positively restrained.
I have one like the picture, with Launch Edition on it.
I believe somebody picked up the news of the then-impending launch and posted about them on FintechTalk back in the day, so I signed up.
There was an initial signup bonus, which I missed out on as I couldnât get the app to work on iOS 14 beta, but after that I got into it and ordered the card.
Just quite recently they ran a referral offer, and I made ÂŁ5 off that.
They seem like a decent outfit.
Yeah, I signed up at the same time. I found I didnât really have any use for the account, so ended up closing it. Like you said, seems like a decent outfit, just not for me.
Edit: donât know how I ended up replying to myself! 
. Was meant to be @Seb
Iâm half signed up, canât be bothered moving to get the driving licence out. Iâll finish that process later then have a look around the app.
Looks interesting. Have FP transfers to/from them been blocked by any banks yet, though?
I signed up as soon as the app came out and got all the rewards. Very generous initially.
Iâve done FP transfers from Revolut, but nothing recently.
At the moment, itâs pretty pointless. You canât do anything with what you buy - itâs custody only. Fees are quite high. The range of coins is limited. Theyâve tagged on a debit card, but it only works with fiat. Bitcoin Boost just offers a âwhoppingâ 5% APY (not clear whether Boost is still covered by their insurance though - maybe someone here knows).
I think if you are someone who wants to dabble, but youâre also worried about getting scammed or just making a mistake (which are legitimate concerns), then this gives you quite a lot of reassurance as a custody account with insurance. For active traders and hodlers though, itâs a waste of time
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Theyâve just brought our Sterling Boost. It gives you 5% interest.
Itâs very strange positioning unregulated, unsecured lending as an alternative to cash savings accounts
Press writeup
Terms
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With no FSCS support, itâs a no. This extract from their website, though not surprising, sends a bit of a shudderâŚ
âThis should mean that, if we become insolvent, you get most of your money back because âŚâŚâŚâ
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Zigluâs position in the article seems to be that so many people are moving savings into crypto, so they want to offer a âsaferâ product. Theyâre just obfuscating the risk though, imo. Plus, their rate isnât too far off lower risk p2p lending, so youâd probably be better off in p2p inside an ISA
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Suppose itâs no so bad if youâre slinging sub ÂŁ100 at it?
Thatâs a good angle. Iâm trying to figure out how the Ziglu service provides something new - as opposed to a (example) Coinbase account - other than the physical debit card.
Also, I havenât delved too much onto this yet, despite opening a Ziglu account, but does the Ziglu âwalletâ (app) provide private keys for the individual crypto coin wallets it supports? If not - closureâŚ
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No, itâs custody only. Balances in tokens are insured. Booster balances arenât (at least, it seems not)
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They have:
Insurance
Fast transfers in and out (virtually instant faster payments)
Itâs geared to a demographic that wants to play with crypto, but doesnât want to get its hands dirty. Any hodlr wouldnât give Ziglu a second glance
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My card arrived today, but Iâm really not sure what to do with it!
(It looks slightly more pink in real life)
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Is that avaliable to all people who sign up?
I believe so! Mine is sat in the drawer though - no use for yet another payment card
Early adopters got an âexclusiveâ version, with the Ziglu logo and âLaunch Editionâ in the bottom left hand corner.
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