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All the benefits of a basic bank account with no credit checks to worry about, plus:

  • No unexpected charges

    We won't charge you for us refusing a payment due to lack of funds, so you won't get any nasty surprises from us.

  • Boost your credit rating

    The thinkmoney Current Account keeps money from your income aside to pay your Direct Debits and standing orders.

    Because the account helps you to never miss a bill, your credit rating could improve. And a better credit rating means better deals if you borrow money in the future.

  • Money Managers to help you budget

    As well as helping you budget for your monthly bills, our UK based Money Managers will answer any questions you have.

  • Control your day-to-day spending

    Once we’ve set aside money for your bills the rest of your money goes on your debit card, so you know exactly what’s yours to spend.

An account with access to credit

Current Account Plus

Up to £400 credit facility

Upgrade to Current Account Plus and get access to a credit facility up to £400.

Once you've opened a thinkmoney account, you can apply for the credit facility 3 months after you've paid your first income into your account.

1077.4% APR Representative.

Visit to find out more about our Current Account Plus

Flexi Loan

Flexi Loan from £500 to £1,500

Borrow for 6 to 12 months and repay in monthly instalments.

Once you've opened a thinkmoney account, you can apply for the Flexi Loan 3 months after you've paid your first income into your account.

140% APR Representative.

Visit to find out more about our Flexi Loan

Think Money Limited and Ideal Finance Limited are both part of Think Money Group. When you apply to take out the loan, we thinkmoney are the credit broker, Ideal Finance Limited is the lender, and they pay us for our service.

We make switching stress-free

The Current Account Switch Service makes switching to us easy. We’ll move everything over from your old account to your new basic bank account. No credit checks will hold you up when you make the move to thinkmoney.

  • Take your payments with you

    You don’t have to update your details for each of your payments. We’ll move your regular incoming and outgoing payments to your new account and close your old account.

  • Payments made to your old account? No worries

    We’ll transfer your balance and redirect payments made to your old account to your new one for at least 36 months.

  • Any problems? We’ll cover the costs

    Under the Current Account Switch Guarantee, we’ll refund any interest and charges if something goes wrong with your switch.

Find out more about switching your account

Open your new basic bank account

With no credit check to worry about, you can enjoy a hassle-free service.
The thinkmoney Current Account costs £10 a month or £15 a month for joint accounts.
  • Control your account online with our iOS and Android app
  • No hidden fees or unexpected charges
  • No charges for making a cash withdrawal in pounds in the UK
  • Apply for credit 3 months after your first income is paid in

To apply for a bank account, you need to be:

  • aged 18 or over
  • a UK resident


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

You can get a thinkmoney Current Account if you’re over 18 and a UK resident – it’s as simple as that. It doesn’t matter if you’ve had bad credit in the past or you have no credit history as we don’t carry out a credit check when you apply for your account. All we need to do is verify that you are who you say you are and you can open an account online.

The Financial Conduct Authority requires us to publish information about our personal current accounts. For more information about this click here.

These documents inform you about the fees for using the main services linked to the payment account. It will help you to compare these fees with those of other accounts. Fees may also apply for using services linked to the account which are not listed here. Full information is available in our terms and conditions. A glossary of the terms used in this document is available free of charge.

For information about accounts opened before 7th November click here.

For information about accounts opened after 7th November click here.

We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

  • The service is free to use and you can choose and agree your switch date with us.
  • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
  • If you have money in your old account, we will transfer it to your new account on your switch date.
  • We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
  • If there are any issues in making the switch, we will contact you before your switch date.
  • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

For more information

You can apply for the credit facility three months after you’ve paid your first income into your thinkmoney Current Account. This means you could access a credit facility up to £400. We’ll need to carry out some affordability checks and then you’ll be able to apply for and access the credit facility through Online Account Management, subject to eligibility.

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.

Yes, there is an option in the online form to open a joint account. Joint accounts cost £15 per month.

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.

Accounts opened after 7th November 2018

Accounts opened before 7th November 2018

Legal Information