Card One Money Current Accounts

Card One Money Current Accounts logo
  • Card One Money (previously CardOneBanking) offer a number of current account products which you can compare in the below.
  • Compare up-to-date information on interest rates, account fees and other important features
  • Click on the links provided to apply online direct with CardOneMoney.
See Deal Browse Card One Money Current Accounts FAQs

Compare Card One Money Current Accounts

  • Card One Money logo

    Card One Money Account

    • Monthly Fee
      £12.50
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      No overdraft
    • Minimum Monthly Credit
      None

Compare similar products from other providers

  • Starling Bank logo

    Starling Bank Personal Current Account

    • Monthly Fee
      Free
    • Interest Rate
      0.05%
    • Arranged Overdraft Rate
      15.0%
    • Minimum Monthly Credit
      None
  • HSBC logo

    HSBC Advance Bank Account

    • Monthly Fee
      Free
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      39.9%
    • Minimum Monthly Credit
      £1,750
  • Barclays logo

    Barclays Premier Current Account

    • Monthly Fee
      Free
    • Interest Rate
      0%
    • Arranged Overdraft Rate
      35.0%
    • Minimum Monthly Credit
      None*
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Last updated on 24 November 2021.

Card One Money Current Accounts FAQ

Who is Card One Money?

Card One Money is an independent business offering current accounts and payment services. It changed its brand name from Card One Banking in May 2019. It is FCA-registered and has been in operation since 2007.

Can I open a Card One Money current account?

Providing you can supply proper identification, you should be able to open a Card One Money current account online. The business does not carry out credit checks on those applying to open a Card One Money current account, however the services it offers are more limited than those offered to people with more conventional bank accounts.

What banking services does a Card One Money current account offer?

Holders of a Card One Money current account can pay cash in at some banks and Post Office branches. They can also set up Standing Orders and Direct Debits, use bill payment facilities in the form of Faster Payment, and access an online account with text alerts and an automated telephone service. The account comes with access to a Prepaid Debit Mastercard Card.

The Prepaid card allows you to transfer money from the income being paid into your account each month onto the card. This means account holders can use their card to make online payments and buy things in stores, for example.

Can I get a Card One Money account if I have bad credit?

Card One Money does offer its online account to people with poor credit histories providing they can supply the right identification, prove they live in the UK and are over 18.

Is it free to open a CardOneMoney current account?

The account opening process is free but the account does carry a monthly fee. In addition there are fees for various card transactions, including for taking cash out of an ATM in the UK. There are also charges for adding a second card holder. It’s important that you think about how you will use a current account when assessing whether the account and the fees charges are acceptable for you.

How does the Card One Money Prepaid Debit Mastercard work?

The Prepaid Debit Mastercard that is available to account holders can be loaded with cash before you spend it. This can be done automatically or manually. It does not have any overdraft facility and you cannot, therefore, spend any money you have not loaded onto the card yourself.

Limits on minimum and maximum amounts loaded to the card apply, so check this will work for you when deciding which account to sign up for.

Do I apply for a CardOneMoney current account online?

Yes. There are no branches for Card One Money and you only need to provide some details online to receive your account number and sort code. There is no requirement for a signature or face-to-face meeting in order to open an account with Card One Money.

Can I carry out a bank transfer through my Card One Money current account?

Yes. The account gives you access to Faster Payment, which you can use to transfer cash to other bank accounts or to pay bills. You can do this online or through the telephone service.

Services offered by this provider may change over time. Always check Ts&Cs.