The thinkbanking account

thinkbanking started in 2002 to provide customers with a current account that really helped them take control of their finances. Now, nine years on, over 60% of our debt management customers enjoy the extra help the thinkbanking account provides.

The perfect partner to your debt management plan
No hidden charges and overdraft fees
Personalised help from a Money Manager
No credit checks
Your own thinkbanking Debit MasterCard®

thinkbanking won't charge you for going into the red or missing payments. Instead, you'll get real people managing your money so you meet your regular expenses on time, every time, and you can enjoy the cash you have left.

How does managed banking work?

Your incomeYour income is paid into your thinkbanking 'Salaries Account'.

Your commitmentsThey set aside the money you need to cover your regular commitments.

Your cashThe remaining funds are moved into your 'Card Account'. Use your thinkbanking Debit MasterCard to access them.

The cash you have available is split into two accounts, one covering your monthly bills and commitments and the other containing all the cash you can spend using your thinkbanking Debit MasterCard. You're free to use your card knowing that your monthly commitments are taken care of - so you should never miss a payment again.

No unexpected fees or interest charges
You know exactly where you stand
Get more control over your spending

What does a thinkbanking account cost?

thinkbanking won't charge you for any unauthorised overdrafts or unpaid direct debits and the monthly administration fee of just £14.50 (£19.50 for a joint account) will be dealt just like your other regular commitments. After the initial set up fee of £25 (£30 for a joint account) there'll be no extra charges to pay and you'll always know exactly where you stand.

5 ways a thinkbanking account helps you

Expert help managing your finances 1

The thinkbanking current account is unlike any other: You get the practical help of a Money Manager looking after your regular bill payments, plus the reassurance that you can talk to them at any time about general money matters or ask specific questions regarding your account.

With their help you should never miss a bill payment and budgeting will become so much simpler - you'll know exactly where you stand and how much money you have available to spend at all times. Your managed account:

Puts an end to worrying whether you've paid your monthly commitments
Stops late payment charges and arrears building up
Gives you expert help dealing with financial issues

Your own thinkbanking Debit MasterCard 2

Your thinkbanking Debit MasterCard is the easy way to access your money and pay in shops, restaurants and online, knowing that you're only spending what's available after your regular expenses are taken care of.

You can use your thinkbanking card at cash machines throughout the world wherever you see the MasterCard Acceptance Mark, confident that your money and personal details are protected by the latest anti-theft security.

Withdraw up to £450 per day
Card protection in case your card is stolen
Secure Online shopping with MasterCard SecureCode™

Set up Direct Debits and standing orders to suit you 3

A Money Manager will look at the dates when you'll have money coming into your account so they can arrange for your regular payments to be taken after it's paid in. That way there'll be no unforeseen payments when you can least afford them and late payment charges will become a thing of the past.

More ways to keep tabs on your finances 4

Your thinkbanking account gives you instant access to your account information, any time, anywhere. You can view, arrange or change your account the easy way via free* online banking, or get instant updates via SMS texting and our automated phone service.

Check your balance and transactions, amend Direct Debits and more via free SMS text message
Manage your account online with free internet banking
Use the express automated phone service for transaction and balance requests

Experts keeping an eye out for problems 5

With a thinkbanking account you get the added security of a Money Manager regularly checking your account to make sure you can maintain your payments. If an unforeseen expense looks like it could cause a problem with your other commitments or a regular payment is larger than anticipated, we'll call you with ideas on how to sort it out.

The Fairbanking Mark

The thinkbanking account has been granted a 3 star accreditation by the Fairbanking foundation - its highest accreditation to date.

Apply for an account

With no credit checks it's easy to apply and only takes a few minutes. Apply for your account now on 0800 161 3516 (mobile calls may be cheaper on 0161 605 4824) or complete this simple application form.

What's included in your monthly fee

Your fee includes the help of your personal Money Manager and all the services you need to make managing your finances and accessing your cash easy and convenient:

thinkbanking Debit MasterCard
Direct Debit and standing order facilities
Free online banking and text updates

You'll be able to access your cash at ATMs worldwide, get cashback and pay for goods and services in restaurants, stores and online – knowing that your thinkbanking Debit MasterCard protects you against unauthorised use when shopping online.

MasterCard is a registered trademark of MasterCard International Incorporated. The Card is issued by Newcastle Building Society ("NBS") pursuant to licence by MasterCard International Inc. NBS is authorised and regulated by the Financial Services Authority as an issuer of e-money (registration no. 156058).

Think Banking Limited, Pennington House, Carolina Way, South Langworthy Road, Salford Quays, M50 2ZY Company registration number: 05530040. Registered in England and Wales. Copyright © 2011 Think Banking Limited. All rights reserved.