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Looking for a basic bank account?

If you're looking for a basic bank account, don't forget to look into the alternatives - like the thinkmoney Personal Account, which doesn't require a credit check.

  • People with every credit rating welcome
  • Practical help budgeting
  • Manage your account by text, by phone or online

Looking for more than a basic bank account?

With the thinkmoney Personal Account, we're offering you a practical alternative to a basic bank account with a high street bank.

Like a high street bank account, it gives you somewhere to get your income paid in, lets you set up Direct Debits and standing orders, and gives you easy access to your money at cash machines all over the world. And like most basic bank accounts, there's no credit check.

However, we're not a bank, so we're not permitted to invest your money or lend it out. Plus, the thinkmoney Personal Account is anything but 'basic', since it offers some innovative features you're not likely to find on the high street.

And everyone can apply, as long as they're at least 18 years old and a UK resident. Even basic bank accounts can be off limits if you're an undischarged bankrupt - but we'd love to get you on board, whatever your credit rating.

Why choose a thinkmoney Personal Account?

Don't you wish there was an easier way to budget? Well now there is. Every month, one of our Money Managers will assess your finances for you and put enough of your money aside for all the bills and other commitments you've told us about. That way, you know you can spend the rest without missing anything important.

No unexpected charges

We promise we won't charge for missed or rejected payments. All you'll pay is one monthly fee - nothing more.

It's £14.50 per month for a single account or £21.25 per month for a joint account.

Your own thinkmoney Prepaid Debit MasterCard®

With us, you'll get your own thinkmoney Debit MasterCard that can be used for all kinds of things - paying for things in most shops and restaurants, making cash withdrawals from cash machines and even shopping online, wherever you see the MasterCard Acceptance Mark.

And it's not the kind of 'prepaid' card you might be thinking of. Once our Money Managers have put aside enough for the bills you've told them about, they'll move all your spending money onto your card immediately: you won't have to do a thing.

Easy-to-use online account management

Our online account management service makes it easier to manage your finances. You can check your balance, set up Direct Debits or change existing arrangements, and transfer money to other accounts - all with a few clicks of the mouse. You can even manage your account by text (SMS) or over the phone.

Our rating 4.4/5 based on 300+ reviews

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thinkmoney Personal Account FAQs

Is the thinkmoney Personal Account a basic bank account?

No, but it works in a very similar way. You'll enjoy many of the benefits a basic bank account provides, plus benefits you won't find elsewhere.

We're not a bank. The biggest difference between us and a bank is that we're not permitted to lend your money out or invest it.

We will: look after your money; provide Direct Debit facilities; let you withdraw cash at cash machines; let you shop online; let you pay & get cashback in shops & restaurants; give you online and SMS account management services - and provide expert Money Managers to help you budget and get your bills paid on time, every time.

How many different ways can I manage my account?

You can manage your thinkmoney Personal Account by phone, by text (SMS) or online. We'll show you just how easy it is in the Welcome Pack you'll receive after you apply.

Do you provide a cheque book?

No, our account doesn't come with a cheque book. However, we've made it easy to make payments in other ways - with your thinkmoney Debit MasterCard, online, by Direct Debit or by standing order.