The Current Account for Everyone
Open a Clockwise Credit Union Current Account to make managing your money easier.
Stay on top of your spending & take charge of your budget
- 💷 Pay in Salary or Benefits
- 🏧 Cash at ATM, Branch or Post Office
- Standing Orders & Direct Debits
- 🏦 Savings Wallets
- 💳 Add Virtual Card
- ⏫ Round Up Savings
- 👐Keep your money in the local community
The Clockwise Credit Union Visa debit card is issued by PayrNet Limited, trading as “Railsr” (Company Number: 14698459), with its registered address at 3rd Floor, Vintners’ Place, 68 Upper Thames Street, London, England, EC4V 3BJ. Railsr is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution under registration number 900594. This information is provided for regulatory and transparency purposes and does not constitute financial advice. Clockwise safeguards any funds received from end users in compliance with applicable regulatory requirements. Payrnet provides settlement services to the card scheme and does not hold or safeguard funds for this purpose.
- Control Spending
- Use as a Backup / Second Account
- Open to those new to the UK
- All credit histories considered
Free Transfers
Send and receive money between accounts instantly*
Contactless VISA Debit Card
Cash withdrawals, shop online or in-store
Free Standing Orders & Direct Debits
Pay bills automatically at no extra charge
Savings Wallets
Organize your finances and set aside money for specific goals
Optional Overdraft
£100 interest free overdraft (Everyday plan only)
No Hidden Charges
No charges for payments in, payments out, Direct Debit or Standing Orders
Round-Up Savings
Automatically save a little from every purchase
Virtual Cards
More control over your spending and increased online safety - at no extra cost
Manage your card with our App
Get updates via the mobile app each time you spend.
Your Local Credit Union
Clockwise membership also unlocks great savings options and affordable loans
*Faster Payments are subject to automated fraud checks, and may occasionally be subject to a delay of up to 1 working day
Debit Card Plans & Pricing
You could save with Clockwise compared to other pre-paid cards.
FREE to receive or send money. FREE to use Direct Debits or Standing Orders.
PAY AS YOU GO
Best for occasional use e.g. one or two cash withdrawals per month-
£5 Debit Card Delivery
-
Collect Cash at Post Office - £1.00
-
ATM withdrawal - £1.50
-
Card purchases in the UK - 30p
-
Balance enquiry at ATM - FREE
-
No Overdraft
VALUE
Great value for day-to-day purchases with only occasional cash withdrawals-
Free Debit Card Delivery
-
Collect Cash at Post Office - £0.75p
-
ATM withdrawal - £1
-
Card purchases in the UK - FREE
-
Balance enquiry at ATM - FREE
-
No Overdraft
EVERYDAY
All features and best value for day-to-day use as your main account.-
Free Debit Card Delivery
-
Collect Cash at Post Office - FREE
-
ATM withdrawal - FREE
-
Card purchases in the UK - FREE
-
Balance enquiry at ATM - FREE
-
£100 Overdraft (Available from June 2025)
Clockwise Current Account Fees & Charges
| Feature | Pay as you go | Value | Everyday |
|---|---|---|---|
| Monthly Fee | NONE | £4.50 | £8.50 |
| Card Delivery | £5.00 | FREE | FREE |
| Virtual Card | FREE | FREE | FREE |
| Collect Cash from Post Office | £1.00 | £0.75 | FREE |
| Cash at Branch | FREE | FREE | FREE |
| Faster Payment (Deposit/Withdraw) | FREE | FREE | FREE |
| Direct Debits & Standing Orders | FREE | FREE | FREE |
| CHAPS Payment | £15.00 | £15.00 | £15.00 |
| Free Buffer | Not Available | Not Available | £100 Interest Free |
| Arranged Overdraft (APR) | – | – | 42.6% |
| ATM Withdrawal (UK) | £1.50 | £1.00 | FREE |
| Card Purchases (UK) | 30p | FREE | FREE |
| ATM Balance Enquiry | FREE | FREE | FREE |
| Lost/Damaged Card | 1st replacement free, then £5 | ||
| ATM Withdrawal (Europe) | £1.00 + 1% | ||
| ATM Withdrawal (Worldwide) | £1.50 + 1.5% | ||
| Card Purchase (Europe) | £0.50 + 1% | ||
| Card Purchase (Worldwide) | £0.50 + 1.5% | ||
| Chargeback Administration | £20.00 | ||
| ATM Withdrawal Limit | £250 per withdrawal / £1,000 per day | ||
| Card Spend Limit | 15 transactions per day | ||
| Pay at Pump | Not Available | ||
| Max Account Balance | £10,000 | ||
| Faster Payment Limits | 5 credits and 5 withdrawals per day | ||
Virtual Cards -
Shop Smarter and Stay Safe
Manage your subscriptions easily
Like Netflix or Spotify? Sometimes free trials aren’t so “free” — they keep charging you! With a virtual card, you can close it after signing up, making sure no more surprise payments happen.
Keep Your Spending Under Control with Virtual Cards
Make a special virtual card for each thing you spend on.
It’s like giving your money its own little safe!
Want to let your child buy apps or games? Give them a virtual card just for that.
You can block or unblock it anytime to stay in charge of the spending.
Stay safe when shopping online
Buying something from a new website or a shop overseas? Use a virtual card! You can close it right after you pay, so no one can take more money from you.
Overdraft - £100 interest free overdraft
Only available on the Everyday plan (Available from June 2025)
Need a bit of breathing room? With the Everyday plan, you can get up to £100 interest-free overdraft — no stress, no sneaky charges.
Just be an Everyday member for 2 months and pay in at least £500 a month. Simple as that.
Because life doesn’t always wait for payday.
Terms and conditions apply.
Roundup Savings
Save little and often while you spend
Every time you buy something using your Clockwise current account debit card, we will round up your spending to the nearest pound and add the spare change in to your Round Up wallet. For example, if you buy a coffee for £1.79 we will round it up to £2 and 21p will be added to your savings.
You’ll have easy access to the wallet so you can keep your Round Up balance growing or withdraw at your convenience.
FAQ
The Clockwise current account is available to new and existing members who meet our membership criteria. Applicants must be over 18 years of age and UK residents.
When you apply, we will ask you to provide proof of your home address and identity. We accept a range of forms of ID including, in some circumstances, referral letters from recognised local charities and support organisations. You can find out more here.
No, the Clockwise current account is available to all regardless of credit score.
Providing current accounts involves a range of costs—from administration to card issuer and ATM fees. While some banks promote ‘free’ accounts, the reality is that these often come with hidden charges that add up over time.
We believe in a more transparent approach—offering accounts that genuinely reflect the cost of service, with a straightforward, low monthly fee.
