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IndustryFinancial Services
ProductsCurrent Account, Credit card, Insurance, Loan
OwnerThink Money Group

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][4]

Thinkmoney's current account has received a four-star mark by the Fairbanking Foundation.[5][6][7][8][9]

In 2012 customers of thinkmoney (then known as thinkbanking)[10] 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.[11][12] A similar failure at RBS left some thinkmoney customers without access to their incomes again in June 2015.[13]

See also[edit]


  1. ^ "60 second guide to basic bank accounts". Which?. Retrieved 9 April 2016.
  2. ^ "Can jam jars really save you money?". Yahoo! Finance. Retrieved 9 April 2016.
  3. ^ "thinkmoney Personal Account: bank account that ensures you'll pay all your bills". AOL. Retrieved 9 April 2016.
  4. ^ "'Jam jar' idea fits the bill". Daily Star. Retrieved 9 April 2016.
  5. ^ "Current Mark Holders". The Fairbanking Foundation. Retrieved 9 April 2016.
  6. ^ "Fairbanking to certify UK bank accounts". Financial Times. Retrieved 9 April 2016.
  7. ^ Eley, Jonathan. "RBS account gets Fairbanking award". Financial Times. Retrieved 14 April 2016.
  8. ^ "Basic bank accounts: what are the options for bankrupts?". The Independent. Retrieved 14 April 2016.
  9. ^ "Britain's best and worst banks". Yahoo! Finance. Retrieved 14 April 2016.
  10. ^ "thinkbanking's name change: your questions answered". Retrieved 9 April 2016.
  11. ^ "Second RBS computer glitch hits bank's savers as 100,000 customers' balances are not updated". This is Money. Retrieved 9 April 2016.
  12. ^ "Royal Bank of Scotland-Nat West computer glitch: Computer says no". The Daily Telegraph. Retrieved 9 April 2016.
  13. ^ 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.

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