Open your account and get access to over 11,000 Post Offices to pay in money.
£10 monthly fee
What can I do at the Post Office?
Pay in cash
Take your debit card and cash to any branch of the Post Office. Hand your money to the cashier, enter your PIN, and the money will be in your account immediately.
Pay in cheques
Ask the cashier for a thinkmoney paying in envelope. Write your name, your phone number, your account number and sort code on the envelope.
Withdraw anything from a penny to £1000 a day. You’ll need to do two transactions if you want to take out more than £500 a day.
Why should I open an account?
Help with budgeting
Get your income paid into your account, we’ll hold money for your bills aside, then the rest is available to spend on your debit card.
No surprise fees
Budgeting is easier when you know exactly how much you pay each month. So, we charge one monthly fee and nothing extra for missed payments.
Build your credit score
73% of our customers improved their credit score by paying all their bills on time with help from their thinkmoney Current Account.*
£10 monthly fee
*Based on a sample of customers who held an account for 12 months and previously had limited credit history or substantial credit use
The Post Office is your local branch
As a thinkmoney Current Account holder, you can pay in cash and cheques at 11,500 Post Offices around the country. That's more branches than all the banks added together.
Put your postcode into the Post Office branch finder to find your nearest one.
Help paying in cash and cheques
You might also be interested in…
How much does it cost to redirect mail when I move?
Find out how the Post Office can help you if you’re moving house.
Cashing in: the benefits of a cashless society
We look at what could happen if the UK phased out cash all together.
Three steps to paying in cheques successfully
Read this guide to make sure your cheque clears without any problems.
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 read more at www.currentaccountswitch.co.uk
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 Token.io (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.
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.