Thinkmoney
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Type | Private |
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Industry | Financial services |
Headquarters | Trafford Park, Greater Manchester , UK |
Products | Current Account, Credit Card, Insurance, Loan |
Owner | tmg |
Number of employees | 1000 |
Website | thinkmoney |
Thinkmoney, stylised as thinkmoney, is a UK-based banking services provider that primarily offers current accounts for a fixed monthly fee with no overdraft or transaction charges.[1][2] Thinkmoney's online system offers a budgeting service that sees customers money split into two accounts, one for spending and one for bills – an approach sometimes known as jam jar banking.[3]
Thinkmoney's current account has received a four-star mark by the .[4][5][6][7][8]
In 2012 customers of thinkmoney (then known as thinkbanking)[9] were left without access to their money, due to a computer failure at Royal Bank of Scotland which it relies on for access to the payments infrastructure.[10] A similar failure at RBS left some thinkmoney customers without access to their incomes again in June 2015.[11]
See also[]
References[]
- ^ "60 second guide to basic bank accounts". Which?. Retrieved 9 April 2016.
- ^ "Can jam jars really save you money?". Yahoo! Finance. Retrieved 9 April 2016.
- ^ "thinkmoney Personal Account: bank account that ensures you'll pay all your bills". AOL. Retrieved 9 April 2016.
- ^ "Current Mark Holders". The Fairbanking Foundation. Retrieved 9 April 2016.
- ^ "Fairbanking to certify UK bank accounts". Financial Times. Retrieved 9 April 2016.
- ^ Eley, Jonathan. "RBS account gets Fairbanking award". Financial Times. Retrieved 14 April 2016.
- ^ "Basic bank accounts: what are the options for bankrupts?". The Independent. Retrieved 14 April 2016.
- ^ "Britain's best and worst banks". Yahoo! Finance. Retrieved 14 April 2016.
- ^ "thinkbanking's name change: your questions answered". thinkmoney.co.uk. Retrieved 9 April 2016.
- ^ "Royal Bank of Scotland-Nat West computer glitch: Computer says no". The Daily Telegraph. Retrieved 9 April 2016.
- ^ Farrell, Sean; Fishwick, Carmen (17 June 2015). "RBS could take until weekend to make 600,000 missing payments after glitch". The Guardian. Retrieved 9 April 2016.
External links[]
- Online financial services companies of the United Kingdom
- United Kingdom financial services company stubs