Suits Me review

The monthly fee is £0, so there is no standing charge for keeping the account. The other cost the pricing page lists is currency conversion at 3.47% for spending in another currency. Cash withdrawals are handled separately under the free ATM allowance of £0.

The free ATM withdrawal allowance is £0, which is nil. Anyone who regularly takes money out will pay for those withdrawals, so a monthly fee of £0 does not make card use free on its own. Treat the cash machine as a cost line.

Suits Me is regulated in Gibraltar by the Gibraltar Financial Services Commission, and the card is provided by Suits Me Limited, a company based in the GB. Because the card is a debit card, spending comes out of the account balance rather than building up a bill.

The card is a debit card on the mastercard network, so it works wherever Mastercard is accepted. Each payment reduces the money in the account at the point of sale, and there is no interest to pay on that balance.

Support runs on help centre only, so questions are answered through written help centre content rather than by phone or live chat. Anyone who needs to speak to someone should weigh that before opening the account, and read the pricing for £0 and 3.47% at the same time.

Suits Me suits UK residents who want a Mastercard debit card with a monthly fee of £0 and who do not rely on free cash withdrawals, set at £0. It fits people whose spending stays at home, while the conversion charge of 3.47% makes it a weak choice for regular foreign spending.

Wise converts currency at 0.1%, against 3.47% at Suits Me, so the difference appears on every foreign purchase or foreign billed subscription. The standing charge at Suits Me is £0, so picking it over Wise is largely a decision about foreign spend.