Managing your money and spending in your Suits Me e-money current account using our envelopes feature.
The envelopes feature is a great tool to set money aside each month for regular monthly bills and payments, for example:
- Council Tax
- Mobile Phone
The above examples have already been created into envelopes for your convenience and you can find these within your Suits Me account. The name of each envelope can easily be changed by clicking into each envelope, changing the ‘Envelope Name’ and then clicking ‘Save’.
Separating your account balance into envelopes means that you won’t accidentally spend the money that you need to set aside for bills.
Setting up Envelopes
Setting up your envelopes is quick and easy. For each envelope, you can select the date and the amount of money that you would like to be moved from your account to the chosen envelope each month.
Once you have set up your envelopes, money from your Suits Me e-money current account will automatically be moved to your dedicated envelopes each month.
Money can be taken out of your envelopes and added back into your main e-money current account section if required.
Suits Me Tip
Saving for a holiday? Or something special? Create an envelope to have a specific amount sent to that envelope each month. This sets aside money into that envelope so you don’t spend it.
Please note, the Suits Me envelopes facility isn’t a separate savings account with savings rates applied to it. It’s simply an envelope system to set aside and better manage your money so you don’t accidentally overspend.
Open Your E-money Current Account in Minutes
Open your Suits Me account in under 10 minutes and have access to your online banking facility and mobile banking app to start managing your money and finances.
Open your e-money current account with Suits Me today (no credit checks) and receive your free debit card within 3-5 working days.
Please Note: Suits Me is not a bank. It’s an alternative banking solution with an e-money license. Providing features, functions and services that are either the same as or similar to that of a bank. Suits Me do not offer a credit facility in any form. Read more about how your money is protected on our Protected Accounts page.