Thinkmoney is a banking services provider based in the UK. Part of the Thinkmoney Group, the company helps customers who are worried about money or have struggled in the past. The bank now has more than 100,000 current account customers.

Thinkmoney
Overview
First Glance
Thinkmoney is a banking services provider based in the UK. Part of the Thinkmoney Group, the company helps customers who are worried about money or have struggled in the past. The bank now has more than 100,000 current account customers.
Features
Contact Info
About Thinkmoney
Thinkmoney is a banking services provider based in the UK. Part of the Thinkmoney Group, the company helps customers who are worried about money or have struggled in the past. The bank now has more than 100,000 current account customers.
Thinkmoney Products and Services
Thinkmoney offers a current account service plus loans, insurance and credit cards. The current account is unusual in that customers can apply for credit after the first payment made into their account. This credit takes two forms; Flexi Loan and a credit facility.
The Flexi Loan account ranges from £500 to £1500 that can be repaid over 6-12 months. Thinkmoney then helps customers budget their monthly repayments and helps the initial application. Once an account is open, the customer can apply for credit just three months after starting to pay into their account.
After three months customers can upgrade to Current Account Plus, where they can borrow up to £400 for up to 30 days.
Current account customers are also assigned a Money Manager, who sets aside the money needed for their bills and adds the rest to a pre-paid debit card, helping customers who have financial worries to budget.
Thinkmoney also offers home and life insurance products. Life insurance covers customers until the age of 89 (84 if Critical Illness cover is added) and can be taken out as a single or a joint policy with two types of cover – level, which provides a fixed amount no matter when death occurs and decreasing cover, which reduces over the term of the policy. This type of cover is most popular with customers paying off a repayment mortgage.
Home insurance is offered in partnership with Be Wiser and includes gadget and bag cover, heating and boiler cover, identity theft cover and no-claims bonuses.
Thinkmoney offers credit cards to customers who may have a less than perfect credit history, including CCJs or IVAs. The company conducts pre-checks which do not appear on customers’ credit files and let them know if they’ll be approved even before they apply. These cards can help rebuild a credit score provided repayments are met.
Thinkmoney Security
Thinkmoney is not a bank and deposits are therefore not covered by the Financial Services Compensation Scheme (FSCS). The company is an authorised Electronic Money Institution and is authorised and regulated by the FCA.
ThinkMoney Contact Details
Think Park
Trafford Park
Mosley Rd
Stretford
Manchester
M17 1FQ
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my wife has a think money account she was able to use the texting service but they have now discontinued it saying that she should use the app -- thats fine but she does not have a smart phone and is not willing to get or use a computor as she does not have an email address and does not want one -- so question is how does she use think money. — Brian Bentley
Thinkmoney Reviews
“Think money is best for nothing. Their customer Service is terrible”
Think money is best for nothing. Their customer Service is terrible. Their app is literally trash. And they will close your account without offering any explanation as to why.
“these guys are not good. they closed my account without warning”
these guys are not good. they closed my account without warning. i had a total of only £3000 spread over 1 year going in from my online sales and they just closed without any reason.
“Blocked my wife’s and my account with out Explanation”
Blocked my wife’s and my account with out Explanation other customer have had the same experience we lost £1200 criminal bank watch out for Adam his the con man think money fronts to try resolving your issue but instead he takes your money they are a bunch of thief’s and criminal no money during new yeas eve till now avoid THINK MONEY AT ALL COST THEY CON PEOPLE They open your account and steal your money by blocking the account
“I have never been a customer of this bank. Someone tried to scam me online and steal my details, but only got some, enough to try and open an account with these people”
I have never been a customer of this bank. Someone tried to scam me online and steal my details, but only got some, enough to try and open an account with these people. I have contacted them and made the story clear, they have assured me it will go no further, but it's a few months later and I still get emails telling me to complete my account setup, despite all my efforts to end this, unsubscribe, etc. I just keep on getting the emails, so contrary to their assurances of removing me from their system, I'm obviously very much still on it. Poor poor shameful performance!
Thinkmoney Accounts





