Trezeo is a business account in your name – controlled by an app – that makes it easy to manage your driving income and build up savings. Your income gets paid into the app and three things happen:
You can also request an advance on your income to pay an unplanned expense and transfer your savings to your bank account anytime via the app.
Trezeo works with all major UK banks and costs less than a couple of coffees a week
Your money is held securely with our FCA authorised partner. We will never invest, lend or take any risk with it.
We use 256-bit encryption for all your personal information and will never share any of your details with third parties - your privacy is important to us!
Track your income and savings anytime through the app.
Never worry about having a slow week when bills come due.
Get paid every week, even after holidays.
Keep money out of sight and out of mind, so you’re not tempted to dip into savings.
Once you enable Trezeo, your income is paid into your Trezeo account, where we hold back money for your regular income and savings. Your regular income goes straight into your bank account as normal. When you need them, your savings get paid into your bank account too.
Your money is held in a special e-money account (so your money never gets lent out, like with a normal bank account). It is held in your name by our partner, an FCA authorised financial institution, and your funds are held at a UK Bank. It remains yours at all times, Trezeo just moves money for you when you need us to.
Trezeo charges a small fee of 1% of the income paid into your Trezeo account. You don’t pay any interest or other charges for using your credit limit.
For example, if you earn £500 in a week, it will cost £5. If you take a week off, you pay nothing for that week.
When you sign-up, we look at your bank account to calculate your average income. You decide how much of your average income you need every week to live and pay your regular bills and how much you want to save.
If your income changes you can let us know through the app and adjust your regular income payment to match. We will also let you know if we think your income is going off track so you can get back on track or adjust your regular payment.
We’ll be very sad to see you go! Leaving Trezeo is easy change your income payment back to your normal bank account. Then tell us and we’ll pay any money you’ve saved back there too.
Trezeo makes it easy for you to get a consistent weekly income payment and save by keeping you motivated to not to spend money that you will need for a quiet week, holiday or future bill.
Your money is held in a non-interest bearing account and isn’t lent out, so neither Trezeo, nor your account gets any interest. We believe we can help you manage your money for the things you need to pay for, rather than getting interest on savings you don’t have.