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Open a Clockwise Credit Union Current Account to make managing your money easier.

Our current account allows you to manage your normal day-to-day spending. You can pay bills and receive any salary or benefit payments.

✔️ Faster Payments     ✔️Pay in Wages or Benefits    ✔️Cash at Branch

✔️ Standing Orders     ✔️ Direct Debits (Coming Soon)     ✔️ 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

Clockwise Credit Union Debit Card

Manage everyday purchases with your funds deducted directly from your current account.

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.

Basic
FREE

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

PAY-AS-YOU-GO
£2.00
month

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
£6.50
month

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.

Download PDF version

Basic

Pay as you go

Everyday

Account Fees

Monthly Fee

First charge is 15 days from account
opening

£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
Branch

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
application, individual status, terms &
conditions

Interest Rate

Not Available

42.6% representative APR

Card Fees

Fees when using your Visa debit card. A
Visa debit card is not available with the
Basic account.

Withdrawal at ATM in the UK*

Not Available

£0.75p

FREE

Balance enquiry at ATM in the UK* Check for
free using our website or app.

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
UK)*

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
& UK)

Not Available

£0.50p + 1.5%

* Some ATM providers may charge an additional fee and should advise you before you confirm the transaction.
** When you cancel the agreement within the first 14 days and a card has already been ordered in your name.

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

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