Acorn Account

Formed in 2007, Acorn Account offers current accounts for both personal use and businesses.

Acorn Accounts offers these accounts as an Authorised Payment Institution (API) so they do not require a banking license.

It's based in London and is a trading name of Spectrum Card Services which also owns CardOne Banking.

Acorn Account
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Gold ribbon: first place

Bank accounts

Ranked 14th of 31 providers reviewed.

Customer happiness 68.39%
Customer trust 61.49%
Complaints performance 86.25%
Transparency rating 51.04%
Fairer Finance score
Reviewed Spring 2023
67%

Bank accounts

Basic bank accounts

Acorn Account

Personal Billing Account

1 stars
Cash withdrawal fee in UK (own bank) i £1.50
Annual fee i £174.00
Part of FSCS i
Faster Payment limit i £50,000.00
Maximum cash machine withdrawal per day i £450.00
Can you use your card to pay for items overseas? i

Foreign use bank accounts

Acorn Account

Personal Billing Account

1 stars
Foreign cash withdrawal fee i 2.75%
Foreign cash withdrawal additional charge i £3.00
Foreign purchases fee i 2.75%
Is there a limit on free cash withdrawals? i No free cash withdrawals