Thinkmoney
From Wikipedia, the free encyclopedia
Think Money Ltd, 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]
 | |
| Company type | Private |
|---|---|
| Industry | Financial services |
| Headquarters | , |
| Products | Current Account, Credit Card, Insurance, Loan |
| Owner | tmg |
Number of employees | 1000 |
| Website | thinkmoney |
Thinkmoney's current account has received a four-star mark by the Fairbanking Foundation.[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]
