Current Account

What will I be charged for using the credit facility?

There is no charge for access to the thinkmoney credit facility.

You only pay for the credit facility when you use it. The interest is set at 0.75% per day on the outstanding amount borrowed.

This means that if you borrow £100 for 10 days, you’ll repay a total of £107.50 – this includes the £100 you borrowed plus 75p a day for 10 days – so £7.50 in interest.

1077.4% APR Representative – loans are subject to status and affordability.

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