Banking Account for Bankruptcy
Bankruptcy doesn’t mean you can’t have an account to manage your money.
Suits Me have helped thousands of people who have experienced bankruptcy and are finding it difficult to open an account with a mainstream bank.
Bankruptcy doesn’t mean you can’t have an account to manage your money.
Suits Me have helped thousands of people who have experienced bankruptcy and are finding it difficult to open an account with a mainstream bank.
Open your accountWhatever your situation, we’ve got you.
If you’ve filed for bankruptcy or thinking about bankruptcy, you might find it difficult to open a high street current account.
Not with Suits Me, the alternative to a high street bank account:
✅ Open an account in minutes
✅ Easy to use Mobile App
✅ All the banking-like features you need
Bankrupt and don’t know where to turn?
We know how hard it can be struggling with debt.
Being declared bankrupt is not a milestone anyone celebrates, however, it can be a fresh start and put the stress of juggling debt behind you.
Suits Me were born out of a passion for helping those who struggle to open a bank account. We believe everyone should have access to an account to manage their money. This includes those who are filing for bankruptcy or those who are discharged bankrupts.
If you are over 18, you can open an account with Suits Me. Over 9 out of 10 of our applications are successful.
Suits Me customer |
“I’ve had problems with credit and was refused by banks for even a basic account which left me with no way of receiving wages. Suits me offered a solution and my account is now open. Very easy to apply and card was shipped within 24 hours of first applying. Went with the higher tier account for apps £10/month as I think its the best value if you’re going to use it regularly. Great alternative to a high street bank.” |
| Suits Me customer |
“Terrible credit and bankrupt couldn’t get an account anywhere! Accepted quickly and even though I made a mistake on application, Suits Me dealt with it in good time and I’m now an account holder again! Bad credit etc try Suits Me!!” |
| Suits Me customer |
“Been getting refused left right and centre for banks but suits me accepted me and was all very fast ! Cards in the post !” |
Dont just take our word for it!
Suits Me is a great alternative for those with a damaged credit score. Just look at the thousands of happy account holders on Trustpilot.
Why choose Suits Me?
We offer accounts to suit you, with flexibility and control.
- No credit checks
- Instrant cashback
- No minimum deposits to unlock rewards
- No overdrafts so you can budget better
- An alternative and inclusive banking solution
- Award winning customer service
- Multi language support
What happens to your bank accounts bankruptcy?
When a bankruptcy takes place, your existing bank accounts may be frozen and your bank may stop payments moving in and out of your account.
You should stop any incoming payments to your existing accounts as soon as possible. This is where solutions like Suits Me can lend a helping hand – you can open an account in minutes and start receiving and making payments again.
Your bank will let the official receiver know what’s in your account. (FYI – an official receiver is a civil servant who is responsible for handling processes like bankruptcy.) If the official receiver feels that you need access to your account for things like rental payments or bills, they will tell the bank to unfreeze your account and let you use it again, but this is up to the bank.
If you are in an overdraft or owe the bank money, they can take any remaining funds in your bank account to pay off the debt.
Join the thousands of people changing their lives
Nesha’s story
Eddie’s story
Peter’s story
Awards
British Bank Awards
Best Current Account Provider 2022 Finalist
SME News
Most Innovative Banking Service 2023
British Bank Awards
Best Newcomer 2020 Highly Commended
As seen on
BBC
Dave
Yahoo Finance
Sky Atlantic
Evening Standard
Daily Mail
Mirror
We have an account that will suit you
Essential
Best for occasional use
Pay as you go /month
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Essential is our pay as you go card. An instant account to give you flexibility and control when you need a separate account. Our customers who need an account to use now and again rather than as a main account choose Essential. Although there is no set monthly fee, individual charges are higher than the other account types. Overall monthly costs can be higher than our other account types if used as a main account or high volumes of payments.
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Essential is our pay as you go card. An instant account to give you flexibility and control when you need a separate account. Our customers who need an account to use now and again rather than as a main account choose Essential. Although there is no set monthly fee, individual charges are higher than the other account types. Overall monthly costs can be higher than our other account types if used as a main account or high volumes of payments.
Premium
Best for basic usage
£4.97 /month
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Our Premium account is packed with extras. This account will let you do everything you need to manage your money whilst giving you cashback and discounts. Customers who need a basic and functional account for wages and benefits or have multiple payments into their account choose Premium.
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Our Premium account is packed with extras. This account will let you do everything you need to manage your money whilst giving you cashback and discounts. Customers who need a basic and functional account for wages and benefits or have multiple payments into their account choose Premium.
Premium Plus
Best for main account
£9.97 /month
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Our Premium Plus account is loaded with value plus you receive our VIP queue jump service. This account is a favourite with our customers with its inclusive package. The Premium Plus account is normally the cheapest option for those who want a fully functional bank account replacement as average usage is all included.
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Our Premium Plus account is loaded with value plus you receive our VIP queue jump service. This account is a favourite with our customers with its inclusive package. The Premium Plus account is normally the cheapest option for those who want a fully functional bank account replacement as average usage is all included.
Benefits of opening a Suits Me account
Suits Me offers personal accounts for those who are declared bankrupt.
You can open an account in minutes, with a next-day delivery contactless card. Over 9 out of 10 applications are accepted. Our second-chance accounts are a great choice as the first step in taking control of your finances.
Open an account in minutes
Our advanced technology allows us to open accounts in minutes online.
Safe & secure
Suits Me are different to a bank. We are regulated by different rules. Customer funds are safeguarded at all times and held in a separate client account.
Bad credit score
With no credit checks, your bad credit score doesn’t affect our approval to open your account.
Send & receive payments
Receive and send money in the UK and abroad easily. Our Faster Payments are seriously fast and can all be done self serve via our app.
Exclusive discounts with top brands
Access our exclusive customer discounts with top brands when you have an account with Suits Me. New partners are added every week, with money-off deals at Just Eat, Lebara, Lotto Social, Fiit and many more.
Unlimited cashback
Save money when you use your Suits Me card with our partners, in store and online. Get unlimited cashback into your account with partners like Argos, Sainsbury’s ASDA, B&Q, Foot Locker, New Look and more.
No minimum balances
There are no minimum deposits or balances required to open a Suits Me account and enjoy all the benefits.
Standing Orders & Direct debits
You can pay Direct Debits and set up Standing Orders from your account.
Cash top ups
You can add cash top ups at any PayPoint store.
ATM withdrawals
You can use your Suits Me card to withdraw cash at any ATM machine worldwide.
Easy to use mobile app
Our Mobile App allows you to manage your finances on the go, with instant notifications on spending and deposits to your account.
Free contactless debit card
Sent via first class post and often received the next day. Your contactless debit card allows you to use it anywhere you go. Just search for the contactless symbol.
International transfers
With our preferred partner, Remitly, you can easily make international payments and receive international transfers into your Suits Me account.
Wages & benefits
Provide your sort code and account number to your employer or benefits provider to have funds transferred directly into your Suits Me account.
Virtual customer service
Catering for all our customer needs, with 19 languages and multiple options for communication, from email and Live Chat to telephone and face-to-face video calls.
FAQs
Do you perform credit checks?
No. We believe your past shouldn’t prevent you from accessing essential financial services. That’s why we do not carry out any credit checks when you apply for a Suits Me account.
My high street bank closed my account due to bankruptcy. Can you help?
Yes! This is a very common reason people come to us. A Suits Me account is an excellent alternative, providing you with a UK sort code, account number, and a debit card to manage your money, receive your salary or benefits, and pay your bills.
What do I need to open an account?
Applying is simple. All you need is to be over 18, a UK resident, and have a valid form of ID (like a passport, UK driving licence, or national ID card). For many applicants, proof of address is not required.
How long does it take to get my account?
The online application form takes as little as 3 minutes to complete. Once approved, your account will be open instantly, and you will receive your contactless Mastercard® debit card in the post within 3-5 working days.
Apply online today for a
Suits Me debit card in just 3 minutes.
It’s this easy.
You will receive your FREE Mastercard® debit card within a couple of days, sent via first class post with Royal Mail.
