✔️ Faster Payments ✔️Pay in Wages or Benefits ✔️Cash at Branch
✔️ Standing Orders ✔️ Direct Debits ✔️ Optional Visa Debit Card
The Current Account for everyone:
✔️ Keep your money in the local community ✔️ Personal customer service
✔️ Support a local, ethical credit union ✔️ All your accounts in one place
Sign up for a Pay-As-You-Go or Everyday account to use the Clockwise Credit Union Debit Card.
Features include:
✔️ VISA Debit Card ✔️Contactless Payments
✔️ ATM Withdrawals ✔️ Make purchases in-store and online
✔️ Deposit cash at PayPoint ✔️ Accepted Worldwide
The Clockwise Credit Union Account and Visa Card is issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference Number: 900025) to issue e-money and is a member of Visa. Please note that electronic money products are not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.
We have three types of Current Account available to Clockwise Members.
Our basic account is perfect for managing your day to day bills without a debit card.
❌ No Debit Card
❌ No ATM Access
✔️ Online + Mobile Access
✔️ Direct Debits
✔️ Cash at Branch
✔️ Pay in Wages or Benefits
✔️ Faster Payments
Only pay for what you use
✔️ Debit Card
✔️ ATM Access
✔️ Online + Mobile Access
✔️ Direct Debits
✔️ Cash at Branch
✔️ Pay in Wages or Benefits
✔️ Faster Payments
- ATM withdrawal – 75p
- ATM balance enquiry – 10p
- PayPoint load – £0.50 + 2.5%
Everyday use for one monthly fee.
✔️ Debit Card
✔️ ATM Access
✔️ Online + Mobile Access
✔️ Direct Debits
✔️ Cash at Branch
✔️ Pay in Wages or Benefits
✔️ Faster Payments
- ATM withdrawal – FREE
- ATM balance enquiry – FREE
- PayPoint load – FREE
Additional fees for non-sterling transactions & admin on all plans
Full Clockwise Current Account Fees & Charges
The following table lists the fees and charges which apply to each of the three available Clockwise Current Account plans.
|
|
Basic |
Pay as you go |
Everyday |
|
|
Account Fees |
||
|
Monthly Fee First charge is 15 days from account |
£0.00 |
£2.00 |
£6.50 |
|
Collect cash from Post Office Subject to availability & limits |
£1.50 |
£1.50 |
FREE |
|
Deposit or Withdrawal Cash at a Clockwise Subject to availability & limits |
FREE |
||
|
Deposit or Withdrawal by Faster Payment Subject to availability & limits |
FREE |
||
|
Direct Debits & Standing Orders Pay regular bills from your account |
FREE |
||
|
CHAPS Payment Subject to availability & limits |
£15.00 |
||
|
International Transfer Subject to availability & limits |
Priced on request |
||
|
Overdraft Fees Overdrafts are available subject to |
|||
|
Interest Rate |
Not Available |
42.6% representative APR |
|
|
Card Fees Fees when using your Visa debit card. A |
|||
|
Withdrawal at ATM in the UK* |
Not Available |
£0.75p |
FREE |
|
Balance enquiry at ATM in the UK* Check for |
Not Available |
£0.10 |
FREE |
|
Load Cash at PayPoint Maximum load of £249 |
Not Available |
£0.50 + 2.5% of deposit amount |
FREE |
|
Additional Cards |
Not Available |
£10.00 |
|
|
Replacement of lost or damaged card |
Not Available |
1st replacement free Additional are £10 each |
|
|
Card Cancellation** |
Not Available |
£10.00 |
|
|
Chargebacks Administration |
Not Available |
£20.00 |
|
|
Withdrawal at ATM in Europe* |
Not Available |
£1.00 + 1% |
|
|
Worldwide Withdrawal at ATM (non-Europe or |
Not Available |
£1.50 + 1.5% |
|
|
Balance enquiry at ATM outside of UK* |
Not Available |
£0.30 |
|
|
Card Purchase in Europe |
Not Available |
£0.50p + 1% |
|
|
Card Purchase Worldwide (outside Europe |
Not Available |
£0.50p + 1.5% |
|
|
Limits |
|
|
Card Limits |
|
|
PayPoint Load |
2 per day £249 total |
|
ATM Cash Withdrawal |
£300 per day |
|
Daily Card spend limit |
£10,000 |
|
Account Limits |
|
|
Minimum monthly deposit |
£100 |
|
Maximum account balance |
£10,000 |
|
Credits by Faster Payment |
5 per day |
|
Withdrawals by Faster Payment |
5 per day |
|
Pay at pump |
Not currently available |
Version 1.0
Effective from March 2022
Do you currently have an Engage account? Upgrade now to the PAYG plan and pay no monthly fee for the first THREE months!
Other benefits to upgrading include:
- Free immediate Faster Payments out of the account
(currently £3.00 on Engage accounts for next day) - Free Direct Debits
- Free Standing Orders
- Single App & Website for all Clockwise accounts
Opening a new Clockwise Credit Union Current Account will mean you agree to close your Engage account within 90 Days
What is the difference between our Savings Accounts and Current Account?
Savings Accounts are for regular or one-off deposits. Current Accounts are for day-to-day spending and managing bills.
|
|
Savings Account |
Current Account |
|
Faster Payments |
✔️ |
✔️ |
|
Pay in Wages or Benefits |
✔️ |
✔️ |
|
Cash at branch |
✔️ |
✔️ |
|
Mobile App Access |
✔️ |
✔️ |
|
Standing Orders |
❌ |
✔️ |
|
Direct Debits |
❌ |
✔️ |
|
Optional Visa Debit Card |
❌ |
✔️ |
|
Minimum Monthly Deposit |
£0 |
£100 |
|
Maximum balance |
£50,000 |
£10,000 |