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 9th of 30 providers reviewed.

Customer happiness score 66.67%
Customer trust score 63.33%
Complaints performance 90.63%
Transparency rating 47.18%
Fairer Finance score
Reviewed Autumn 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
Bankers draft/cheque fee i Not available
Unpaid transaction fee i £0.00
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