Skip to main content

Bad credit won’t hold you back

No credit check

We don’t run credit checks. You can apply for an account if you’re 18 and a UK resident.

Help you boost your credit rating

We help you to never miss a bill, which could improve your credit rating – meaning you get better deals if you borrow money in the future.

No overdraft fees or unexpected charges

Unlike traditional accounts, we won’t charge you for cash withdrawals, late payments or bounced Direct Debits.

Don’t worry about a CCJ - we won’t credit check you

We won’t turn you down if you have a CCJ, bad credit or you’re going through bankruptcy, unlike some banks.

A Current Account built around you

With a thinkmoney Current Account, you’ll be able to:

  • Know exactly what’s yours to spend after we set aside the money for your bills.
  • Check your balance, set up Direct Debits and transfer money online.
  • Get your credit rating back on track as we’ll help you to never miss a bill.
  • Receive budgeting help from our UK based Money Managers.

To get started, you need to be:

  • aged 18 or over
  • a UK resident


We've been awarded 4 stars by the Fairbanking Foundation.

Build your credit rating

It can be daunting to receive a CCJ if you’ve been struggling with your debts. Particularly, as a CCJ will remain on your credit report for six years.

Having a CCJ on your credit report can damage your credit rating and make it difficult for you to borrow money in the future. You might also struggle to open a bank account as traditional accounts will usually credit check you.

You don’t have to worry about that with a thinkmoney Current Account. We’ll also help to make sure you pay your bills on time each month, which could help to build your credit rating. Plus, our Money Managers will be on hand to answer any questions you have.

There’s no unexpected charges from us either so you’ll always know what’s coming up in your budget.

The money you hold in your thinkmoney Current Account is not protected under the Financial Services Compensation Scheme (FSCS). As thinkmoney is authorised and regulated by the FCA as an e-Money Institution, your money is protected and, unlike the FSCS, this protection is not limited to a certain amount. This means that your money is held separately and securely and, if something were to happen to thinkmoney, you would always receive it back.

For more information on how we will use your personal information when you have an account with us, you can read our 'How we use your personal information' leaflet. For more detailed information you can also read our Privacy Policy.

Legal Information