thinkmoney

{{Use dmy dates|date=April 2022}}

{{Multiple issues|

{{more citations needed|date=February 2019}}

{{notability|Companies|date=February 2019}}

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{{Infobox company

| name = thinkmoney

| logo = File:Thinkmoney-logo.svg

| type = Private

| industry = Financial services

| foundation =

| location_city = Trafford Park, Greater Manchester

| location_country = UK

| key_people =

| products = Current Account, Credit Card, Insurance, Loan

| owner = tmg

| num_employees = 1000

| homepage = {{url|thinkmoney.co.uk}}

}}

Thinkmoney, stylised as thinkmoney, is a UK-based banking services provider that primarily offers current accounts for a fixed monthly fee with no overdraft or transaction charges.{{cite web|title=60 second guide to basic bank accounts|url=http://www.which.co.uk/news/2011/08/60-second-guide-to-basic-bank-accounts-263790/|website=Which?|access-date=9 April 2016|archive-date=7 November 2018|archive-url=https://web.archive.org/web/20181107010204/https://www.which.co.uk/news/2011/08/60-second-guide-to-basic-bank-accounts-263790/|url-status=live}}{{cite web|title=Can jam jars really save you money?|url=https://uk.finance.yahoo.com/news/can-jam-jars-really-save-you-money-.html|website=Yahoo! Finance|access-date=9 April 2016}} Thinkmoney's online system offers a budgeting service that sees customers money split into two accounts, one for spending and one for bills – an approach sometimes known as jam jar banking.{{cite web|title=thinkmoney Personal Account: bank account that ensures you'll pay all your bills|url=http://money.aol.co.uk/2013/06/21/thinkmoney-personal-account-bank-account-that-ensures-youll-pa/|website=AOL|access-date=9 April 2016|archive-date=5 March 2016|archive-url=https://web.archive.org/web/20160305215907/http://money.aol.co.uk/2013/06/21/thinkmoney-personal-account-bank-account-that-ensures-youll-pa/|url-status=live}}

Thinkmoney's current account has received a four-star mark by the Fairbanking Foundation.{{cite web|url=http://fairbanking.org.uk/fairbanking-marks/current_mark_holders/|title=Current Mark Holders|website=The Fairbanking Foundation|access-date=9 April 2016|archive-date=17 June 2016|archive-url=https://web.archive.org/web/20160617173436/http://fairbanking.org.uk/fairbanking-marks/current_mark_holders/|url-status=live}}{{cite web|url=https://next.ft.com/content/5b7acb6a-0e25-11e2-8b92-00144feabdc0|title=Fairbanking to certify UK bank accounts|website=Financial Times|access-date=9 April 2016|archive-date=1 July 2016|archive-url=https://web.archive.org/web/20160701182837/https://next.ft.com/content/5b7acb6a-0e25-11e2-8b92-00144feabdc0|url-status=live}}{{cite news|url=https://next.ft.com/content/fd3ded4c-537a-11e3-b425-00144feabdc0|title=RBS account gets Fairbanking award|last1=Eley|first1=Jonathan|website=Financial Times|date=22 November 2013 |access-date=14 April 2016|archive-date=10 August 2022|archive-url=https://web.archive.org/web/20220810140841/https://www.ft.com/content/fd3ded4c-537a-11e3-b425-00144feabdc0|url-status=live}}{{cite web|url=https://www.independent.co.uk/money/basic-bank-accounts-what-are-the-options-for-bankrupts-8209580.html |archive-url=https://ghostarchive.org/archive/20220507/https://www.independent.co.uk/money/basic-bank-accounts-what-are-the-options-for-bankrupts-8209580.html |archive-date=7 May 2022 |url-access=subscription |url-status=live|title=Basic bank accounts: what are the options for bankrupts?|website=The Independent|date=12 October 2012 |language=en-GB|access-date=14 April 2016}}{{cbignore}}{{cite web|url=https://uk.finance.yahoo.com/news/britains-best-worst-banks-105552663.html|title=Britain's best and worst banks|website=Yahoo! Finance|access-date=14 April 2016|archive-date=22 November 2016|archive-url=https://web.archive.org/web/20161122072436/https://uk.finance.yahoo.com/news/britains-best-worst-banks-105552663.html|url-status=live}}

In 2012 customers of thinkmoney (then known as thinkbanking){{cite web|title=thinkbanking's name change: your questions answered|url=http://www.thinkmoney.co.uk/news-advice/thinkbanking-name-change-your-questions-answered-0-3961-0.htm|website=thinkmoney.co.uk|access-date=9 April 2016|archive-date=24 April 2016|archive-url=https://web.archive.org/web/20160424214021/http://thinkmoney.co.uk/news-advice/thinkbanking-name-change-your-questions-answered-0-3961-0.htm|url-status=live}} were left without access to their money, due to a computer failure at Royal Bank of Scotland which it relies on for access to the payments infrastructure.{{cite web|title=Royal Bank of Scotland-Nat West computer glitch: Computer says no|url=https://www.telegraph.co.uk/finance/personalfinance/bank-accounts/9353390/Royal-Bank-of-Scotland-Nat-West-computer-glitch-Computer-says-no.html|website=The Daily Telegraph|access-date=9 April 2016|archive-date=5 May 2017|archive-url=https://web.archive.org/web/20170505225250/http://www.telegraph.co.uk/finance/personalfinance/bank-accounts/9353390/Royal-Bank-of-Scotland-Nat-West-computer-glitch-Computer-says-no.html|url-status=live}} A similar failure at RBS left some thinkmoney customers without access to their incomes again in June 2015.{{cite web|last1=Farrell|first1=Sean|last2=Fishwick|first2=Carmen|title=RBS could take until weekend to make 600,000 missing payments after glitch|url=https://www.theguardian.com/business/2015/jun/17/rbs-fails-to-make-600000-payments-customers-it-technology-failure-bank|website=The Guardian|access-date=9 April 2016|language=en-GB|date=17 June 2015|archive-date=28 March 2016|archive-url=https://web.archive.org/web/20160328164532/http://www.theguardian.com/business/2015/jun/17/rbs-fails-to-make-600000-payments-customers-it-technology-failure-bank|url-status=live}}