Suits Me Update

Jun 10

Suits Me: WINNER of 2019 Recruitment International award ‘The Best for Banking and Financial Services’ Award.

With a big thank you to all our customers, we are really pleased to announce that for the second year in a row, Suits Me has been awarded this prestigious industry award.

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May 20

ATM withdrawal limit increased to £500 per day for Premium Plus customers.

We have doubled the daily limit from £250 to £500 to allows you to receive money safely and securely into your account, and then manage your money as cash, should you prefer.

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May 20

Suits Me Shortlisted for Recruitment International award.

Suits Me shortlisted for the 2019 award ‘The Best for Banking and Financial Services’.

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Mar 8

New contactless Visa debit card now available.

As contactless becomes the new normal way to pay in-store, your debit card is now contactless!

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Mar 8

Suits Me mobile banking app released for Android and iPhone

Keep track of your money on the go with our handy mobile banking app. It’s feature packed and simple to use.

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Money Tips

May 16

Getting rid of debt makes it easier to think clearly say researchers

If you’ve ever felt that you can’t think straight when you’re struggling with difficult debts, you’d be right. New research has revealed that debt adds a mental burden which makes it much harder to make decisions.

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May 7

Could you clear your mortgage early and save money?

If your mortgage is draining a vast amount of cash from your resources every month, the idea of being free from the commitment may sound almost impossible. However, many homeowners across the UK have been able to slash their outgoings by paying off their mortgage early.

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May 2

Credit card reward schemes may not be as good as you think

When applying for a credit card, many people look around for the providers that offer the best reward scheme, such as free air miles. However, while it’s tempting to get extras in return for spending, many reward schemes aren’t as good as they first appear.

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Apr 29

Your Credit Score - Understanding the Factors That Really Make A Difference

If you’ve got a good credit score, not only will you get your applications for credit accepted, you’ll also be offered the best deals. If you want to be accepted AND pay less interest along the way, improving your credit score is the answer.

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Apr 25

Sweatcoin - the digital currency which pays you for getting fit

Do you struggle to find the motivation to exercise? Well, there could be some good news heading your way with Sweatcoin, the system that gives our monetary rewards in return for exercise.

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Industry News

Jun 27

Millions Are Living an Almost Cashless Lifestyle

The rapid rise in the use of debit cards and mobile payments has seen a sharp rise the number of people using cash-free options as their preferred method of payment.

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Jun 27

PPI Complaint Firms Switching to Payday Loan Sector

Customers are claiming they were mis-sold the loans themselves, rather than any Payment Protection Insurance connected to them, so this loophole may allow those claims companies to switch tack and go after the payday loan firms.

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Jun 27

Small Online Bank With Most Complaints is Revolut

Revolut generated more complaints to the Financial Ombudsmen Service. Newly released figures reveal that the Fintech bank was the most complained about institution.

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Jun 27

UK Unemployment Reaches Lowest Levels in 45 years

There has never been more people in work in the UK in the last 45 years than there is now, despite the constant uncertainty over Brexit.

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Jun 26

UK Households Are Being Overcharged by £250 Million On Energy Costs

Energy regulator Ofgem (Office of Gas and Electricity Markets) has warned that consumers are being overcharged by a quarter of a billion pound each year on prepay meters and has called on energy suppliers to do more to correct the anomaly.

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Employer Hub

Jan 4

PSD2: Tightening Security For Payments

The Second Payment Services Directive, PSD2, may not be something that consumers are aware of but for businesses, it’s meant big changes.

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Dec 27, 2018

SEPA Payments

Moving funds around within the European Union, across borders, can get complicated with different governments insisting on different rules...

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Sep 7, 2018

Paying by cheque

Assuming your employees will be able to present their wage cheque, weekly or monthly, and receive their money is not always the case. So have you actually paid your staff?

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Jul 23, 2018

Suits Me: Bridging the banking gap

Due to the application process oversees workers or those with poor credit history often have problems applying for an account with the Hight Street Banks...

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Apr 26, 2017

Modern Slavery – Compliance and banking solutions

The British Government estimates that up to 13,000 people are in modern slavery in the UK today...

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