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Opening An Account

We’ll tell you everything you need to know about opening a thinkmoney Current Account. Whether you want to find out how to apply, or see whether you’re eligible to open an account, you’re in the right place.

Paper based switching service

The Current Account Switch Service takes the hassle out of switching banks. Find out more about the Current Account Switch Service here. If you’re switching to us from a bank which isn’t part of the Current Ac…

I need to send one piece of ID to open an account. What ID can I send?

Please send in one of the following documents: UK and non-UK Passport Full or Provisional UK Driving Licence (photocard only) EU National Identity Card Biometric Residence Permit HM Forces ID Card Firearms Licence If…

Can I open an account if I’ve just arrived in the UK?

If you’re a UK resident, over 18 and are able to provide proof of identity and address, you can apply for an account. If you meet this criteria, you can apply online now – it’s really quick and easy. Apply h…

Can I apply for an account if I’ve bad credit?

If you’re a UK resident, over 18 and are able to provide proof of identity and address, you can apply for an account. Applying is really quick and easy, and you can do it online. Apply now.

Can I apply for an account if I’m self-employed?

Yes, you can apply if you’re self-employed, are a UK resident, over 18 and can provide proof of your identity and address. You'll need a regular income to be paid into the account. Applying is really quick and easy and …

Can I apply for a business account?

Unfortunately we don’t offer business accounts. You can find out more about the thinkmoney Current Account here.   

Can I apply for an account if I’ve been made bankrupt?

If you’re a UK resident, over 18 and are able to provide proof of identity and address, you can apply for an account. Applying is really quick and easy, and you can do it online. Apply here today.

Can I apply for an account if I’m on a Debt Management Plan?

If you’re a UK resident, over 18 and are able to provide proof of identity and address, you can apply for an account. Applying is really quick and easy, and you can do it online. Apply here today.

Can I apply for an account if I’m on an IVA?

If you’re a UK resident, over 18 and are able to provide proof of identity and address, you can apply for an account. Applying is really quick and easy, and you can do it online. Apply here today.

How do I apply for a thinkmoney Current Account?

Applying for the thinkmoney account is really quick and easy. You can do it online, just follow the link below.  Apply here Or, give us a call on 0161 672 8910 and we’ll go through the application with …

How long will it take to approve my application?

If we can approve your application with the details you give us, we’ll be able to get it up and running immediately. However, we may need you to send us some ID to prove your identity and address, so it’ll tak…

How do I switch to thinkmoney?

We’re part of the Current Account Switch Service, so switching to us is easy, simple and stress free. To get started, apply for an account and call us on  0161 672 8910. As part of the switch, we’ll move ever…

When is my fee taken?

The first fee is taken from your account one month from the date of your welcome letter. This is the letter where we notify you that your thinkmoney Current Account has been opened and give you your account number and…

What does the fee include?

The thinkmoney Current Account offers you control of your money, so your monthly fee will cover the day-to-day running and management of your account, and the provision of our services to you, including: Our unique budgeting…

Is there a joint thinkmoney account?

Yes, we offer a Joint Account, which comes with all the same great features of the individual account. Plus, you’ll get a prepaid Debit Mastercard® each. Are we eligible? To apply for a Joint Account you simply need…

Are you a bank?

No, we're not a bank, we’re an Authorised Electronic Money Institution, authorised and regulated by the FCA. We’re permitted to process payments and provide the account service to you. The main difference is, that…

4 steps to set up your account

Here’s your next steps to make the most of your thinkmoney account. If you’re switching to us using the Current Account Switch Service, jump straight to step 3. Want to switch? Call us: 0161 672 8910. Pay in y…

What are the thinkmoney Current Account fees?

You'll pay a monthly management fee of £10 for a single account, or £15 for a joint account, to cover the cost of running your account.    There are a few other fees you may encounter, here's a full list…

I need to send two pieces of ID to open an account. What ID can I send?

If you have one of the following, we can accept this document without requiring a second piece of ID: UK and non-UK Passport Full or Provisional UK Driving Licence (photocard only) EU National Identity Card Biometric Resi…

I'm struggling to find ID to open an account. What can I do?

The paperwork you need may be just a phone call away and won't cost you a penny – just remember to ask for it to show your full first name and be posted to you at your current address. Employed? Call HMRC on 0300 200 33…

ID Help Guide

You might have to send in some ID to open your thinkmoney Current Account. You can find more information on this below: I need to send one piece of ID to open an account. What ID can I send? I need to send two pieces of ID …

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