Open Banking 

At Suits Me, we’re committed to giving you the tools to manage your money with confidence. Open Banking is a secure way to share your financial information with third-party providers, putting you in control of your money and how it’s used. 

What is Open Banking? 

Open Banking allows you to share your Suits Me account information, such as your balance and transaction history, with other banks or authorised third-party providers. You can also make payments directly from your Suits Me® account using approved services. 

This can help you manage your finances more easily, compare deals, and access a range of helpful tools and services, all while staying in control of your data. 

How it works 

You choose the service you want to use, such as a budgeting app or comparison site. That provider will then ask for your permission to access your account data. 

If you agree, Suits Me will share your data securely through a regulated system. You can stop sharing your data at any time. 

We will never share your details without your consent. 

How Open Banking can help you 

Open Banking can help you: 

• See all your finances in one place, even if you have accounts with different providers 

• Track spending and set budgets using financial management apps 

• Make payments directly from your Suits Me account without using your card 

• Compare and switch products or services more easily 

• Access credit or financial services tailored to your real financial situation 

Is Open Banking safe? 

Yes. Open Banking is regulated by the Financial Conduct Authority (FCA) and overseen by the Competition and Markets Authority (CMA). Your data is only shared with providers you’ve given permission to, and only for the services you’ve agreed to. 

When you use Open Banking: 

• You’ll never be asked to share your full login details or card PIN 

• Your data is encrypted and protected 

• You’re always in control; you can withdraw consent at any time 

• Only authorised providers can access your information 

We take your security seriously and work hard to keep your information safe. 

Using Open Banking with Suits Me 

1. Choose an FCA-authorised third-party provider or app 

2. Select Suits Me as your account provider 

3. Give your permission to connect your account 

4. You’ll be redirected to a secure Suits Me page to log in and confirm 

5. Your account is now securely linked to the service 

You can remove access at any time, either through the provider or by contacting us directly. 

Are you a regulated TPP? 

If you’re a regulated TPP looking to integrate with Suits Me, our Open Banking APIs are available via the Tell.Money platform. 

 Tell Money – Control Centre 

There, you’ll find API specifications, sandbox access, support information, and everything you need to build seamless integrations with our platform. 

Frequently asked questions 

Is Open Banking free to use with Suits Me? 
Yes, Suits Me does not charge you for using Open Banking. 

How do I know if a provider is authorised? 
Only firms regulated by the Financial Conduct Authority (FCA) or other relevant authorities are allowed to use Open Banking. Always check before giving your consent. 

Can I stop sharing my data? 
Yes. You’re in control at all times. You can remove access through the third-party service or by contacting us. 

What should I do if I think there’s been fraud? 

Contact Suits Me immediately. Our team is here to help and can investigate any suspicious activity on your account. 

📧 Email: hello@suitsmecard.com 

📞 Phone: 03330 151 858 

Suits Me is a registered E-Money Institution, authorised by the GFSC under reference number 95716, and compliant with all applicable Open Banking and PSD2 regulations.