Account limits explained
Understanding your Suits Me account
pricing and limits
Depending on the Suits Me account type you have – Essential, Premium or Premium Plus – you’ll have different limits to consider. They can be daily, monthly or permanent, and are in place to keep your account safe and secure against fraud.
Here’s a list of the limits so you can get to know your account even better:
Balance & account lifespan
The maximum balance of a Suits Me account is £5,000 for Essential, £7,500 for Premium and £10,000 for Premium Plus. If regularly used and updated, it can be used indefinitely, unless otherwise stated by Suits Me.
Without regular use, your Suits Me account will expire after 24 months (2 years) which is the expiry date of your Mastercard® debit card. We will renew your account and send you a new card if you continue to use your account at the end of your 2 years.
ATM limits
Essential account holders can withdraw a maximum of £200 per day, Premium account holders £300 per day and Premium Plus account holders £500 per day. This is refreshed at midnight (London-time).
We add limits to ATM withdrawals to limit theft if both your card and PIN are stolen. If you notice any suspicious ATM usage, log into your online money account or mobile app to block your account immediately and contact our customer care team.
Transfers
You can receive a maximum of £5,000 a day from the UK with your Suits Me® account. This is by the same Faster Payments, Next Day or CHAPS payments. The maximum balance you can have on the account is £5,000 for Essential, £7,500 for Premium or £10,000 for Premium Plus.
You can send a maximum of £5,000 per transaction. International transfers are available through our partner in the Suits Me® app.
Amazing features & benefits with every account
Payments and transfers
Receive and send money in the UK and send money abroad easily. Have wages or benefits sent directly to your account, send a Faster Payment or cash top up at any PayPoint store.
Cashback as standard
Save money when you use your Suits Me card in our partner retail stores or when you shop online. You’ll get cashback back into your Suits Me account.
Discounts with top brands
Access our exclusive customer discounts with top brands. We have different partners every week for you to enjoy great money-off deals.
24/7 access
Instant access to your account wherever, whenever, via the online portal on our website or with the Suits Me app.
Refer a friend
Refer your friends to apply and use their Suits Me card, and earn £25 per friend! No limit on the number of friends you refer.
Account holder competitions
Join in our exclusive account holder competitions every month for the chance to win cash prizes, amazing discounts and much more.
How to open your account
1. Hit the button
2. Fill out the form
3. Download the App
Suits Me Awards
British Bank Awards 2024 FINALIST Best Current Account Provider
SME News Business Elite Awards 2023 WINNER Most Innovative Banking Service
British Bank Awards 2022 FINALIST Best Current Account Provider
Open your account today
Apply for a personal account today – with no credit checks – and get your Mastercard® debit card in 3-5 working days!
FAQs
Can I increase my account limits?
You cannot raise your account limits. Keeping limits in place on your account allows us to make all Suits Me® accounts easy to open, regardless of financial situation and address, as well as keeping your account secure from potential fraud.
Where can I find all information about costs?
Transparency is key to trustworthy modern financial services, so all our fees are clearly laid out on our costs page.
Full costs can also be found after you log in to your online money account and your mobile app. If you’re looking for further information, our extensive help section will have the answer.