Pricing and Limits Explained

Understanding your Suits Me Account Pricing and Limits

Suits Me Account Limits

Depending on the Suits Me account type you have, Premium or Premium Plus, you’ll have different limits to consider. They can be daily, monthly or permanent and are in place to keep your account safe and secure against fraud.

Here’s a list of the limits so you can get to know your account even better.

Balance and Account/Card Lifespan

The maximum balance of a Suits Me account is £10,000 and, if regularly used and updated, can be used indefinitely unless otherwise stated by Suits Me.

Without regular use, your Suits Me account will expire after 36 months (3 years) which is the expiry date of your visa debit card. We will renew your account and send you a new card if you continue to use your account at the end of your 3 years.

ATM limits

You can withdraw a maximum of £300 each day for Premium account holders and £500 for Premium Plus account holders, this is refreshed at midnight (London-time).

We add limits to ATM withdrawals to limit theft if both your card and PIN are stolen. If you notice any suspicious ATM usage, log into your online banking account or mobile banking app to block your account immediately and contact our customer care team.

Transfers

You can transfer and receive a maximum of £10,000 with your Suits Me account. This is the maximum balance of both our Premium and Premium Plus accounts. This is by same-day Faster Payments, Next Day or CHAPS payments.

You can receive a maximum of £7,500 by international bank transfer.

Costs and Limits FAQs

Can I Increase my Limits?

You cannot raise your account limits. Keeping limits in place on your account allows us to make all Suits Me accounts are easy to open regardless of financial situation and address, as well as keeping your account secure from potential fraud.

Where can I Find all Limits and Costs?

Transparency is key to trustworthy modern banking, so all our fees are clearly laid out on our costs page.

Full costs can also be found after you log in to your online banking account and your mobile banking app. If you’re looking for further information, our extensive help section will have the answer.

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