Loving Our Current Account

Helping you stay in control of your finances.

A refreshingly simple bank account that’s open to everyone regardless of credit history. Set up fee of £12.50 and monthly management fee of £12.50 applies.


Bad Credit History?

If you have a bad credit history you can open our bank account.  We don't credit check.  To apply for our Current Account you need to be a permanent UK resident aged 18 or over and pass satisfactory identity and residency checks.

Your credit history may prevent you from opening many of the bank accounts available on the high street. At Secure Trust Bank your credit history is not a problem.

Often called basic bank accounts, bad credit bank accounts are designed to help you manage your money. With our account you have all the benefits and security from an established bank with extra help to keep your finances in control. We will provide you with a basic account, even if you have been declared bankrupt, are in a debt management plan or an Individual Voluntary Arrangement (IVA).

To open our bank account there is an initial set up fee of £12.50 and monthly management fee of £12.50.

What Makes Our Current Account Different?

  • Set up Direct Debits and Standing Orders to pay bills.
  • Prepaid MasterCard® included
  • We won’t charge you for any bounced Direct Debits or Standing Orders
  • Pay in your salary or benefits
  • No credit checks - bad credit history or bankruptcy accepted
  • Earn up to 4% cash rewards at over 35 high street retailers
  • Budget tools to help you control spending
  • Manage your account easily – Online, SMS or Telephone

Prepaid MasterCard

The account comes with a MasterCard® Prepaid Card. The Prepaid Cardis different to a debit card or credit card in that you need to load the card with funds first and you can only spend the money you have placed on the card. 

It is accepted at over 30 million outlets worldwide displaying the MasterCard® acceptance mark.  It will help you to take better control of your finances whilst maintaining the banking and payment flexibility you need.  There is no overdraft facility so you can’t go overdrawn, helping you to manage your money.

Rewards Scheme

Earn cash Rewards of up to 4% when you use your MasterCard® Prepaid Card at over 35 major high street retailers including Argos, Boots and Marks and Spencer. You can earn 3% when you shop at Asda.

A £5 administration fee is payable after 12 months rewards have been earned. For full details see Terms and Conditions.

Is this a Real Bank Account?

Yes, Secure Trust Bank established 1954 is authorised by the Financial Conduct Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Our bank account is open to all permanent UK residents aged 18 or over. We will check identity of all applications but we won’t check credit history. You can pay in your wages, salary or benefits and set up Standing Orders and Direct Debits and we will issue a Secure Trust Bank MasterCard® Prepaid card.

Apply Today

We offer you a choice of how to apply, simply call our friendly team on 0121 683 6424 or 08451 117 111, alternatively complete our online application. A bad credit history or bankruptcy will not stop you from opening our bank account. If you pass Identity and residency checks your account could be open today.


Open to permanent UK residents only, aged 18 and over. One-off set up fee of £12.50 and monthly management fee of £12.50 applies.

  • You will be charged 50p for each ATM withdrawal.
  • We do not offer an overdraft facility.
  • Other fees and charges apply. Full list available here


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