No Hidden Charges
We are committed to being open about all the costs associated with a Suits Me account and have no hidden charges.
Suits Me Accounts
There are two types of Suits Me current accounts, Premium and Premium Plus. Both accounts give you access to a contactless Visa debit card, mobile banking app and our exclusive cashback reward scheme.
The account type best for you depends on which account features you need. The Premium account is £4.97 with additional charges for usage. The Premium Plus is £9.97 month with four free ATM withdrawals per month and reduced fees for other transactions. See below for full details of costs associated with each current account type.
For your convenience, we have a full set of terms and conditions in multiple languages.
Please note, the Suits Me current account is to be used for personal use only and is not a business bank account.
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Fees and Charges |
Suits Me |
Suits Me |
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|
Card Fee |
Free |
Free |
|
|
Additional Card |
£5.00 |
£5.00 |
|
|
Replacement Card (Lost/stolen/damaged replacement card) |
£5.00 |
£5.00 |
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|
Monthly Management Fee |
£4.97 per month |
£9.97 per month |
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First Load Fee |
£9.97 |
£9.97 |
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Card delivery times |
Within 10 working days |
Within 10 working days |
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TRANSACTIONS/PURCHASES |
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UK purchases |
Free |
Free |
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|
European purchases |
£1.97 plus 2.35% of the transaction value |
£1.97 plus 2.35% of the transaction value |
|
|
International purchases |
£1.97 plus 2.57% of the transaction value |
£1.97 plus 2.57% of the transaction value |
|
|
ATM Withdrawal UK* |
£1.25 |
£1.12 (4 free per month) |
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ATM Withdrawal Europe* |
£2.50 plus 2.35% of the transaction value |
£2.24 plus 2.35% of the transaction value |
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ATM Withdrawal International* |
£2.50 plus 2.57% of the transaction value |
£2.24 plus 2.57% of the transaction value |
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Cashback Instore |
Free |
Free |
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ACCOUNT LOAD FEES |
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Bank transfer (maximum £10,000) |
Free |
Free |
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Bank transfer from outside the UK (maximum £7,500) |
Free |
Free |
|
|
PayPoint |
£0.99 + 2.6% |
£0.50 + 2.6% |
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FUNDS MOVEMENT AND TRANSFER FEES |
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Next day transfer from account |
£0.60 |
£0.50 |
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Same day Faster Payment transfer from account |
£0.60 |
£0.50 |
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Account to Account Transfer |
£0.60 |
£0.50 |
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Same day transfer from account (CHAPS) |
£27.50 |
£25.00 |
|
|
International transfer |
£30.00 |
£28.00 |
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OTHER FEES |
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Balance Enquiry |
Free |
Free |
|
|
ATM balance enquiry |
£0.24 |
£0.24 |
|
|
SMS Alerts** |
£0.20 |
£0.20 |
|
|
Email Alerts |
Free |
Free |
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Call costs to Customer Services |
Standard geographical rate |
Standard geographical rate |
|
|
Statements paper (per 62 days) |
£5.00 |
£5.00 |
|
|
Statements online (per 62 days) |
Free |
Free |
|
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Standing order setup fee |
£0.60 |
Free |
|
|
Direct Debit Setup Fee |
£0.60 |
£0.50 |
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|
Unpaid Direct Debit fee |
£15.00 |
£15.00 |
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Direct Debit Monthly Fee |
£0.60 |
£0.50 |
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Direct Debit Amendment Fee |
£0.60 |
£0.50 |
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|
Direct Debit Cancellation Fee |
£0.60 |
£0.50 |
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Direct Debit Collection Fee |
£0.60 |
£0.50 |
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|
Declined Transaction Fee |
£0.20 |
£0.20 |
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|
Administration Fees |
£20.00 |
£20.00 |
|
|
Card cancellation fee |
Free |
Free |
|
|
Redemption fee |
£5.00 |
£5.00 |
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LIMITS |
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Maximum daily ATM withdrawal |
£300.00 |
£500.00 |
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Maximum balance |
£10,000.00 |
£10,000.00 |
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PayPoint Daily pay in |
£249.00 |
£249.00 |
|
|
Minimum Initial Load |
£20.00 |
£20.00 |
|
|
Expiry |
36 months |
36 months |
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