WHAT IT COSTS

As a Acorn account holder, you'll get access to manage your account online and have a UK based account manager to assist you with your everyday banking.

There is no Application Fee.

Then a minimum monthly fee of £12.50 which is debited from your account on the 1st of every month. There is a tariff of charges for transactions below. You can add up to 4 additional people to the account at any time for free.

Please refer to summary box for details of your Acorn Corporate MasterCard® usage fees.

List of Business Account Charges

1 Account Activation Fee *includes first Giro Book £65
2 Minimum Monthly Charge £12.50
3 Additional Cards £0
4 Electronic credit £0.30
5 Cash credit (Minimum Charge £0.50) 0.75%
6 Cheque credit (Minimum Charge £0.50 per cheque)* 0.75%
7 Faster Payment Service via call centre £10
8 Faster Payment Service online £7.50
9 Next Day Faster Payment Service via call centre £3.50
10 Next Day Faster Payment Service online £0.30
11 Standing Order paid out £0.30
12 Direct Debit paid out £0.30
13 Rejected Standing Orders, Direct Debits £0
14 CHAPS £30
15 SMS balance enquiry (Additional operator charges may apply) £0.15
16 Statement copy up to 3 months £5
17 Card UK Point Of Sale £0
18 Card UK ATM £1.50
19 Card foreign Point Of Sale £2.75
20 Card foreign ATM £3
21 Card reissue £3.95
22 PIN reissue £0
23 Collections/admin letter £5
24 Subject Access £10
25 Giro paying in book £10.00
Transfer from card to billing
£5 to £249 £5
£250 to £499 £8
£500 to £749 £13
£750 to £999 £20
£1000+ £30
26 Cheque credit returned £5
27 Cash Advance £5.00

*We may cap this charge, per deposit

Please refer to summary box for details of your Acorn Corporate MasterCard® usage fees.