Keeping your money safe is our number one priority – that’s why we've launched a new text alert service to help stop fraudulent transactions.
Previously, if we spotted a transaction that looked suspicious, we’d call you to ask if you recognised it. However, we can only do this during working hours, so, if, for example, the transaction took place on a Sunday, or in the evening, or if you were abroad in a different time zone, it could take us a while to get in touch. You told us that this can be frustrating if you need the transaction to go through.
Our new service will speed this process up. From today, if we detect a transaction that looks unusual or suspicious, we’ll text you on the mobile number you have registered on your account.
If you recognise the transaction as genuine, you’ll just need to text back
But if you didn’t make the transaction, text back
and we’ll stop your card from being used.
The text you get (and the number to reply to) isn’t our usual thinkmoney text number – it’ll be
The service will work whether you’re in the UK or abroad – so it’s important that you keep the mobile number we hold for you up to date, and that you keep your phone with you.
If you can’t reply, perhaps because you’ve got no credit on your phone, we’ll send you a reminder text. If you still don’t respond, we’ll try and call you during working hours. For your security, your transaction may not be paid until we have been able to speak to you.
No, this is a vital new part of the way we try and protect you and your money, so you can’t opt out.
Texts received to your mobile won’t cost you anything and return texts will be charged at a standard network rate, or, if you have inclusive text bundles, it’ll be included in your text allowance. Check with your mobile provider for the costs of texts sent from outside the UK.
Yes please. You can let us know by text – just text CHANGE “I will be in 'country' from 'date' until 'date'” from the mobile number you have registered with us.
No. Our fraud systems look for suspicious looking transactions and it is only these that will trigger the text messages. For example, if you withdraw £20 from a cashpoint in London at 10am, and then we see a transaction on your card in a shop in the USA a few minutes later, we’ll alert you.
We’ll always do everything we can to protect you, your personal information and your money, however, there are a few simple precautions you can take too.
Our comprehensive guide has everything you need to know about staying safe and secure online, whether on a PC, mobile or tablet. From creating passwords and keeping your card safe, to avoiding scams and fraud, following our guidelines should keep you safe.
Click here to download our PDF guide
Using SMS and online account management services will incur no additional charge. Your service provider's normal rates still apply. Requests for Salaries Account and Card Account transaction texts are both limited to 10 per month.
MONTHLY MANAGEMENT FEE PAYABLE. ONLY AVAILABLE TO UK RESIDENTS AGED 18 OR OVER FOR PERSONAL USE. PROOF OF IDENTITY WILL BE REQUIRED.
CALLS MAY BE RECORDED FOR TRAINING AND MONITORING. CALLS TO 0161 NUMBERS ARE TYPICALLY CHARGED UP TO 9P PER MINUTE FOR LANDLINES, PLUS ANY CALL SET-UP FEE, AND BETWEEN 3P AND 40P PER MINUTE FOR MOBILES. DATA CHARGES FROM YOUR MOBILE SERVICE PROVIDER MAY APPLY BUT YOU SHOULD CHECK WITH YOUR NETWORK PROVIDER FOR FULL DETAILS OF YOUR SERVICE.
Registered office: Think Park, Mosley Road, Trafford Park, Manchester M17 1FQ. Company registration No. 5530040. Registered in England and Wales. Four star accreditation from the Fairbanking Foundation for the thinkmoney Personal Account.Calls may be recorded for training and monitoring. Calls to 0161 numbers are typically charged up to 9p per minute for landlines, plus any call set-up fee, and between 3p and 40p per minute for mobiles. But you should check with your network provider for full details of your service.
Think Money Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, register reference 900033, for the issuing of electronic money and the provision of payment services. Think Money Limited is authorised and regulated by the Financial Conduct Authority for its consumer credit and insurance and mortgage mediation activities (Firm Ref No 685963 register.fca.org.uk/)
The thinkmoney Prepaid Debit MasterCard® is issued by R. Raphael and Sons plc, pursuant to a license from MasterCard International Incorporated. MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated. R. Raphael & Sons plc is a UK bank authorised by the Prudential Regulatory Authority and regulated by the Financial Conduct Authority and the Prudential Regulatory Authority (registration number 161302) and is permitted to issue e-money. Head office and registered office at 19-21 Shaftesbury Ave, London W1D 7ED, company registration number 01288938.