Credit Cards

Zopa Credit Card review: £0 annual fee

Zopa Credit Card offers an efficient mobile app for you. Enjoy up to £2,000 credit limit. This is our Zopa Credit Card review.

Advertisement

Get rid of your old-fashion bank and get your Zopa Credit Card!

Zopa Credit Card
Zopa Credit Card review: £0 annual fee. Source: Ok Save Money

Times are changing, and so is the way we’re banking. This  Zopa Credit Card review will show a few reasons to apply for this modern card.

Zopa Credit Card logo

Zopa Credit Card: how to apply

We’ll tell you how to apply for the Zopa Credit Card, and you’ll see how simple and efficient it is. Pay no annual fee! Read on!

With a different approach, this card has won over many consumers in the UK. If you’re curious about this card’s features, keep reading his informative post.

Credit ScoreNot disclosed, but as a credit-builder card, it must accept applicants with low scores;
Annual FeeYou won’t have to pay even a penny for this card in monthly or annual fees;
Purchase APRVariable 34,9%;
Cash Advance APR34,9% (v);
Welcome BonusUnfortunately, no welcome bonus is offered;
RewardsThe Zopa Credit Card offers no rewards.

Zopa Credit Card overview

Many UK residents already know Zopa for its personal loan offers. Now, you can count on Zoap to get a credit card too.

Thus, Zopa Credit Card communicates pretty well with the younger audience, with a modern approach toward finances and a focus on online services.

Everything is done online, through their website, from the application process to the account management, but especially on the mobile app.

Moreover, this mobile app comes with very useful features for those needing a good tool to manage their finances.

The purchase and cash APR is a little salty, but if you pay your bill on time, you’ll have no problem with its rates and will build a great credit score.

Zopa Credit Card main features

Zopa Credit Card concept
Zopa Credit Card main features. Source: Zopa

Zopa Credit Card has no fancy rewards, but it will go straight to the point: an efficient credit lien to help you use credit and build your score.

And as there are many cards with this same purpose, read the pros and cons of this Zopa Credit Card review:

Pros 

  • Easy to apply and manage online;
  • The mobile app helps you manage your finances with efficient features, such as balance updates, alarms, automatic payments, etc;
  • No annual fee is charged for you to use the Zopa Credit Card;
  • Initial credit limit ranges from £200 to £2,000;
  • No foreign transaction fees.

Cons

  • This is not a car to carry a balance over the months, as the high APR rates can cost you a lot of money;
  • The Zopa Credit Card has no cashback or rewards, but that’s not typical on a credit-building card.

Minimum credit score to apply

Zopa does not disclose a minimum credit score. However, this card is designed for people looking to rebuild their scores.

But you can check your eligibility before any hard check is made on your credit score, which is great for those with a damaged score.

How to apply for the Zopa Credit Card?

Like everything related to this credit card, the application process is also online and straightforward. 

If you’d like to put your hands on this card, read the following content to learn about the process of applying for it. 

Zopa Credit Card logo

Zopa Credit Card: how to apply

We’ll tell you how to apply for the Zopa Credit Card, and you’ll see how simple and efficient it is. Pay no annual fee! Read on!

About the author  /  Julia Bermudez

Trending Topics

content

HSBC Classic Credit Card review: build a credit rating

If you’re looking for an HSBC credit card, read this HSBC Classic Credit Card review! Qualify with low credit score and pay no annual fee!

Keep Reading
content

Tesco Foundation Credit Card: how to apply

Learn now how to apply for Tesco Foundation Credit Card. Earn points on every purchase! Keep reading and learn more!

Keep Reading
content

What is a Bacs payment – all you need to know

If you are wondering: What is a bacs payment? Is it the best option for what I need? How to make a payment with Bacs? Read this article!

Keep Reading

You may also like

content

Apply for Capital One Balance Transfer Card: 0% intro interest

Discover a simple guide to learn how to apply for the Capital One Balance Transfer Card! No annual fee and amazing benefits! Read on!

Keep Reading
content

Apply for Halifax Clarity Card: Achieve financial freedom

Learn how to apply for the Halifax Clarity Card effortlessly. From necessary personal information to navigating the application channels!

Keep Reading
content

Unveiling the Mystery: What Exactly is a Chaps Payment?

You may use Chaps to wire money to transfer savings accounts. Learn more about Chaps payment and how it can be useful for you.

Keep Reading