Skip to main content

Why open a joint account?

A joint bank account can make sense if you share money with your partner, flatmate or friend. Consider a joint thinkmoney Current Account if you need help managing your money.

No credit checks when you apply

You can open a joint account with us if you have bad credit, a CCJ, or if you're going through bankruptcy.

Budget smarter

Opening a joint bank account makes it easy to manage your household bills, as you don't have to work out who’s paid what.

Stay in control 24/7

After setting up a joint bank account, you can stay in control of your money using Online Account Management or the thinkmoney app.

What you’ll get with your joint thinkmoney Current Account

  • Money Managers to help you budget

    They’ll help you budget for your monthly bills and answer any questions you have about your joint bank account. Oh, and they’re UK based.

  • Control your day-to-day spending

    We set aside the money you need for your bills, and the rest goes on your debit cards, so you know exactly what’s yours to spend.

  • No unexpected fees or charges

    We won't charge you for cash withdrawals in pounds in the UK or for us refusing a payment due to lack of funds. With a thinkmoney joint account, you pay one monthly fee of £15 and nothing more.

We take the hassle out of switching

The Current Account Switch Service makes it easy, simple and stress-free to open a joint account online with us.

  • Take your payments with you

    No need to update your details for each of your payments. We’ll move all your regular incoming and outgoing payments to your new joint bank account for you and close your old account.

  • Payment made to your old account? No worries

    We’ll transfer your balance and redirect payments made to your old account to your new joint account 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 when setting up a joint bank account with thinkmoney.

Find out more about switching your account

Can I set up a joint bank account online?

Opening a joint bank account with us is easy. As long as you live at the same address and the other person is happy for you to give us their details, you can open a joint bank account online in a couple of minutes.

Setting up a joint account could be a convenient way to pay for shared costs like bills. To apply for a joint bank account online, click ‘open an account’ and fill out the form.

Open your joint account

Our joint account costs £15 a month
  • Control your joint bank account online using our iPhone and Android app, or log into our Online Account Management.
  • Pay in cash and cheques at 11,000+ Post Offices®.
  • No charges for making a cash withdrawal in pounds in the UK
  • Use your thinkmoney prepaid Debit Mastercard® wherever you see the Mastercard® logo.

To get started, you need to be:

  • Aged 18 or over
  • A UK resident

What you'll pay each month

 Joint Account
£15 per month


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 the thinkmoney Current Account click here.

For information about the thinkmoney Current Account Plus 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

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, once you open your account you can add another person to it to make a joint account. Joint accounts cost £15 per month.

Think Money Limited has partnered with (UK) to provide and support a dedicated interface for Third Party Providers offering AISP, PISP and CBPII services.

TokenOS is the operating system for open banking that allows banks, merchants, enterprises and individuals to interact in a global marketplace of financial services.

If you are a Third Party Provider offering AISP, PISP and CBPII services, please use the link below to access the Integration Guide for information on how to register as a member to access information or make payment requests using the Think Money dedicated interface.

Token TPP Interface Website

Please read this leaflet for more information about your rights when making payments in Europe. Contact us if you need a large print or braille version.

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

Accounts opened after 1st February 2020

From the 1st April 2020 the below Terms and Conditions will come into effect for all customers:

Legal Information