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 money management.

There is an application fee of £60, which includes your first Giro book.

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 Application Fee *includes first Giro Book £60
2 Minimum Monthly Charge £12.50
3 Additional Cards £0
4 Electronic credit £0.30
5 Cheque credit (Minimum Charge £0.50 per cheque)* 0.75%
6 Faster Payment Service via call centre £10
7 Faster Payment Service online £7.50
8 Next Day Faster Payment Service via call centre £3.50
9 Next Day Faster Payment Service online £0.30
10 Standing Order paid out £0.30
11 Direct Debit paid out £0.30
12 Rejected Standing Orders, Direct Debits £0
13 CHAPS £30
14 SMS balance enquiry (Additional operator charges may apply) £0.15
15 Statement copy up to 3 months £5
16 Card UK Point Of Sale £0
17 Card UK ATM £1.50
18 Card foreign Point Of Sale £2.75
19 Card foreign ATM £3
20 Card reissue £3.95
21 PIN reissue £0
22 Collections/admin letter £5
23 Subject Access £10
24 Giro paying in book £10.00
25 Cheque credit returned £5
26 Cash Advance £5.00

*We may cap this charge, per deposit