Think Money | Current Account

366 reviews

Monthly fee: £10.00

AER: 0%

Think Money | Current Account customer reviews.

366 reviews

3.4 out of 5 stars

Made my banking easy.
20:21 07-12-2018
ImageSmart Money People

Was never good at managing money but this makes it so easy.

JimmiG

Brilliant
18:21 06-11-2018
ImageSmart Money People

Brilliant for anyone who needs help budgeting as it account helps to make sure all your financial on track

Emily Jane Clarke

Excellent all round
22:19 15-11-2017
ImageSmart Money People

Think money is easy to use, manage and have total control of your outgoings brilliant customer service with great products offered to its customers and new and improved services take place on a regular basis to stay on top with other UK banks

Al Rasul

i regret going with thinkmoney, money dissappears out of my account, so far i'm £170 out of pocket, rang think money and they are no help, and i pay a monthly fee for this
18:20 26-11-2016
ImageSmart Money People

so far i'm £170 out of pocket, because money disappears from my account, rang thinkmoney and no help whatsoever, my advice is stear well clear from them

Christopher Howell

Peace of mind!
12:12 28-03-2016
ImageSmart Money People

I've been with this bank for just under 5 years now and although I don't like paying a monthly fee, it's an excellent way to manage my money. I know bills will be paid and if there is ever a problem I can ring up and they will try to help

purplemel

Peace of mind!
12:11 28-03-2016
ImageSmart Money People

I've been with this bank for just under 5 years now and although I don't like paying a monthly fee, it's an excellent way to manage my money. I know bills will be paid and if there is ever a problem I can ring up and they will try to help

purplemel

excellent service let down by call centre waiting times
17:07 16-02-2016
ImageSmart Money People

This bank has really helped me get my finances under control and for me it is really helpful in this area. The service is easy to use however it needs to keep up with the tines and latest banking advances. The introduction of faster banking, contactless cards and more focus on speeding up call waiting times would really improve the overall service

Tracey Bowden

Our review of Think Money | Current Account

Think Money is a lender based in Manchester who created the Think Money managed current accounts as well as offering loans. The account was created to help users manage their finances and over 10 years, has hit 100,000 account holders. 

Once you've opened an account, you can apply for a loan from £300 to £1,500 for 6 to 12 months. You can pay this back in monthly instalments and the people at Think Money will help you budget for this. You'll have access to UK-based money managers, helping you to keep on top of your outgoings to help improve your credit score. 

However, the current account does charge £10 for single use and £15 for joint bank accounts per month, which can be fairly pricey but they could even accept customers that have missed repayments or have a CCJ or defaults on their credit file. 

Overall verdict: If you struggle with managing your finances and want help with managing your money,  then Think Money could be for you. However, there are loans and current accounts out there that at a much cheaper rate so make sure you compare your options. 

Written by: Mark

Highlights

  • Account management app
  • No hidden fees or charges
  • 24/7 online access
  • Money managers help you budget
  • Credit building account
  • Suitable for those with low credit scores
  • No credit check for account

Minimum criteria

  • Monthly fee of £10 for an individual account or £15 for a joint account
  • You can only apply for credit 3 months after you pay your first income into the account

Fees

  • Maximum APR %
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About Think Money | Current Account

The Think Money Current Account allows for you to keep track of your spending with 'Money Managers' that help you budget for your bills and regular outgoings. There are no hidden charges or fees and you have access online 24/7 with their app. The current account costs £10 per month or £15 for a joint account. After 3 months of banking with them, you may be eligible for one of their two loan products, the Think Money Flexi Loan or Current Account Plus.

Think Money don't run credit checks if you want to open up an account. This means if you have bad credit, a CCJ or you're going through bankruptcy, you can still apply for the account. 

Company information

Registration number: 05530040

www.thinkmoney.co.uk

0161 672 8910

Think Park Mosley Road Trafford Park Manchester M17 1FQ

FCA registration

Reference No: 685963

Trading names: Think Money (UK) Ltd

Place of business: Think Park Mosley Road Trafford Park Manchester M17 1FQ

Data protection registration

Registration No: Z9722822

Data controller: Think Money Limited

Address: Think Park Mosley Road Trafford Park Manchester M17 1FQ

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