Suits Me® Card Review: Features, Fees, Cashback, Rewards, and Customer Feedback

What is the Suits Me® Card?

Suits Me® offers a contemporary alternative to traditional banking with its e-money accounts. This service simplifies financial transactions with a range of features, including a contactless Mastercard® debit card. Key offerings include:

• Contactless Payments: Enjoy the ease of tap-and-go transactions.
• Online Banking App: Manage your account, make payments, and track transactions from your smartphone.
• Payments & Transfers: Handle both domestic and international transfers effortlessly.
• Cashback Rewards: Earn money back on purchases with selected retail partners.
• Multi-lingual Support: Access customer service in multiple languages.
• Refer & Earn Program: Receive rewards for referring friends and businesses.

What Are the Costs Associated with Suits Me®?

Suits Me® provides three tiers of e-money accounts, each designed to meet different needs:

• Essential Account: This account has no monthly fee and operates on a pay-as-you-go basis. It’s perfect for those who prefer flexibility and wish to avoid regular charges.
• Premium Account: With a monthly fee of £4.97, this account offers a fixed rate with additional charges for certain services. It’s suitable for users who plan to use the account frequently.
• Premium Plus Account: At £9.97 per month, this account includes four free ATM withdrawals and reduced fees on other transactions. Ideal for regular users who prefer some services included in their monthly fee.

Additional Features

• Cashback Rewards: Earn cashback on purchases made with your Suits Me® card at various participating retailers. This feature provides a way to save on everyday expenses.
• Multi-lingual Customer Support: Support is available in 11 languages, catering to a diverse customer base.
• Refer & Earn Program: Gain rewards by referring friends or businesses:
  • £25 per friend: For each friend who opens and actively uses a Suits Me® account.
  • £100 per business: For each company that partners with Suits Me®.

How Does Suits Me® Work?

Opening a Suits Me® account is designed to be quick and hassle-free:

• No Credit Checks: Accounts can be set up in minutes without evaluating your credit history.
• Funding Your Account: Add money via transfers, wages, or cash top-ups.
• Account Management: Use the Suits Me® app to handle transfers, set up Direct Debits, and manage your account on the go.

Is Suits Me® Safe?

Suits Me® is regulated by the Financial Conduct Authority (FCA) and operates under a license issued by Mastercard® International. Key safety features include:

• Regulatory Compliance: Adheres to stringent financial regulations.
• Segregated Accounts: Funds are held separately to protect against potential insolvency.
• Secure Transactions: Utilizes encryption and secure authentication measures.

Suits Me® Cashback Rewards

The cashback rewards program is a standout feature:

• Participating Retailers: Earn cashback at major stores like Argos, Sainsbury’s, and Foot Locker.
• Rewards Percentage: Cashback is a percentage of your spending and is credited directly to your Suits Me® account.

For instance, if you spend £63.70 weekly on groceries at Sainsbury’s, you could save up to £11.04, potentially covering the monthly fee of a Premium Plus account.

Suits Me® Refer and Earn Program

This program allows you to earn extra income by referring others:

• Refer a Friend: Earn £25 for each friend who opens and uses a Suits Me® account.
• Refer a Business: Receive £100 for each business that partners with Suits Me®.

Suits Me® Customer Reviews

Suits Me® has received favorable reviews on Trustpilot, with a “Great” rating of 4.1 out of 5 based on over 10,000 reviews. Highlights from customer feedback include:

• Positive Aspects: Efficient account setup, responsive customer service, and valuable cashback rewards.
• Areas for Improvement: Some users have reported delays in application processing, unexpected account closures, and issues with the mobile app.

A Step-by-Step Guide to Opening a Suits Me® Account

1. Visit the Registration Page: Go to the Suits Me® website to start your application.
2. Provide Personal Details: Enter basic information, including your ID and address.
3. Choose Your Account Type: Select from Essential, Premium, or Premium Plus.
4. Verify Your Identity: Upload a valid ID and complete a live selfie verification.
5. Submit Your Application: Wait for approval and start using your Suits Me® card once accepted.

Empowering Businesses: Suits Me® Business Solutions

Suits Me® also offers a robust business solution:

• Cost-Free: No charges for businesses utilizing Suits Me®’s services.
• Efficient Setup: Employees can receive their Mastercard® debit card within 3-5 days.
• Multilingual Support: Available in 19 languages, supporting a diverse workforce.
• Secure Payments: Provides encrypted accounts and secure mobile access.
• Employer Portal: Manage payments and employee accounts effortlessly.

Final Thoughts: Is Suits Me® a Good Choice?

Suits Me® is an excellent option for individuals who might face challenges with traditional banking, such as expats, those with low credit scores, or recent arrivals in the UK. The service provides a streamlined banking alternative with appealing features like cashback rewards and a straightforward referral program. For those who frequently shop at participating retailers, Suits Me® could be a smart financial choice.