A Hassle-Free Alternative to Traditional Banking
Suits Me provides all account holders with a current account and a contactless Mastercard® debit card with a secure online banking facility and free mobile banking app to manage their finances. We also give exclusive cashback benefits to our account holders with thousands of high street and online retailers and most importantly, we provide our account holders with financial freedom.
Suits Me is an electronic money product and although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that PrePay Technologies Limited becomes insolvent your funds will be protected against claims made by creditors. Suits Me is a fee-paying e-account. Further details can be found on our costs and Terms and Conditions pages.
An Introduction to Suits Me
Financial inclusion and equality of opportunities sit at the heart of Suits Me.
We believe that no one should be financially excluded and everyone, regardless of their background and financial position, should have access to a banking solution in order to manage their money, especially in today’s modern society.
We provide access to an affordable banking service meeting the needs of our diverse customer base in a responsible and sustainable way.
Suits Me is the alternative banking solution for thousands of people in the UK, from those who are financially excluded from the mainstream by poor credit, to those coming to work in the UK who do not satisfy High Street Banks Customer criteria and those who simply want a modern straightforward and honest solution.
– Matthew Sanders, CEO
- To deliver a fair and transparent banking solution to all
- To understand our diverse customer base and deliver services to meet their needs
- To be ethical and transparent in everything we do
- To be honest with ourselves and our customers
- To strive for excellence in everything we do
Our Mission Statement
To become the provider of choice for banking services for the underbanked and unbanked by delivering a fair and transparent service to our diverse customer base.
To be the UK’s most inclusive banking solution and financial services provider, eliminating financial exclusion and connecting everyone to a banking facility to safely and securely manage their money and finances.
- Customer Commitment: We nurture relationships with our diverse customer base to make a difference to lives
- Transparency: We breed trust and welcome feedback
- Integrity: We live and breathe integrity through our shared principles
- Reflect our diverse customer base: Delivering a service with understanding and empathy
Since launching Suits Me in 2015, we are extremely proud to have won an array of awards within various industries.
Our most recent award (March 2020) was ‘Highly commended Best Newcomer’ at The British Banking Awards.
Visit our Awards page to view all of our awards to date.
Our Managing Director, Keith Poole, was live on BBC World News discussing how some people find it difficult to open a bank account with a traditional high street bank and how Suits Me offer a banking alternative to bridge the gap.
It is important to note that Suits Me is not a bank. Suits Me offers a range of e-money accounts which are an alternative to traditional banking in that our account holders will be provided with an account and access to manage this via an online banking account and mobile banking app, a contactless Mastercard® debit card, a unique sort code and account number with similar functionality to a traditional high street bank account. Whilst money deposited in a Suits Me account is held securely in a ring-fenced Master account and protected it does not fall within the FSCS scheme.