Pockit Review
Comprehensive review and analysis of Pockit's digital banking services
Quick Facts
- Founded
- 2014
- Head Office
- United Kingdom
- Active Customers
- 500,000+
- Total Funding
- £30 million
- Employees
- 100+
- App Store Rating
- 4.2/5
Pros & Cons
Pros
- Easy account opening
- No credit check
- Cash loading options
- International transfers
- Bill payments
- Mobile top-ups
Cons
- Transaction fees
- Limited features
- Card delivery fee
- ATM withdrawal fees
Supported Countries
- United Kingdom
Fees
- Account Fee 99p/month
- Card Issue £0.99
- ATM Withdrawals 99p
- Cash Load 99p
- International Transfers From £2.99
Overview
Pockit has focused on financial inclusion since 2014, providing banking services to those often overlooked by traditional banks. Their platform offers essential banking features with simple pricing and easy access.
Key Features
Banking Services
- Current account
- Mastercard debit card
- Mobile payments
- Direct debits
- Standing orders
- International transfers
Payment Features
- Bill payments
- Mobile top-ups
- Cash loading
- Bank transfers
- Payment scheduling
- Transaction history
International Services
- Money transfers
- Multiple currencies
- Competitive rates
- Transfer tracking
- Global reach
- Payment notifications
Additional Features
- Spending analytics
- Balance alerts
- Savings goals
- Budget tools
- Reward programs
- Partner offers
Security Features
- PIN protection
- Transaction monitoring
- Card freezing
- Fraud detection
- Account alerts
- Device management
Customer Support
- Email support
- Phone assistance
- Help center
- Online guides
- Community support
- Social media
Verdict
Pockit excels in providing accessible banking services to those who might struggle with traditional banks. Their simple pricing structure and easy account opening make them particularly valuable for customers seeking basic banking services without credit checks.
While there are fees for various services, they remain transparent and competitive. The main limitations are the transaction fees and basic feature set, but for users needing essential banking services with easy access, Pockit offers a reliable solution.