opus card review 2022

A money transfer credit card for those trying to rebuild a positive credit history.

Finder rating: ★★★★★

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Representative example: When you spend £1,200 at a purchase rate of 39.95% (variable) p.a., your representative rate is 39.9% APR (variable).


Minimum credit limit

Up to 48 days

Interest-free each billing period


Representative APR


Account fee


IssuerNewDay Ltd
Annual/monthly fees£0
Balance transfers39.95%
Balance transfer fee3% (min. £3)
Purchases interest-free periodUp to 48 days
Money transfers39.95%
Cash advances49.95%
Minimum credit limit£250
Maximum credit limitNot specified
Additional cards available3

Review by

Chris Lilly is a publisher at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more.

Expert review

Using your credit card to withdraw cash is normally a bad idea – with most card issuers charging a fee and a higher rate of interest for the privilege.

The opus card aims to provide a way around this, by offering the facility to transfer money from your credit card to your bank account, giving you greater control over how you use your credit.

For example, say you’re getting married and you need to pay various people in cash. You can use the opus card app to quickly and easily transfer funds from your card to your current account as and when you need to, and that could work out cheaper and easier than a cash advance (it certainly would on this card).

There are several catches, however.

There’s a money transfer fee of 3% (min. £3) to consider. It’s also worth noting that while, like most cards, the opus card won’t charge you any interest at all on your purchases if you clear your balance in full each month, money transfers and cash advances (withdrawing cash from your card) are exempt from this. That means any funds you transfer out will start to accrue interest straightaway.

Finally, since it’s designed to be accessible to those with less-than-perfect credit histories, the opus card also comes with relatively high rates of interest. What’s more, rates are tailored to the applicant, meaning that you might be offered a different (higher) rate than those advertised. Credit limits are also tailored to the applicant.

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Pros and cons


  • Applicants with low credit scores may be eligible
  • No annual fee


  • As with most credit builders, this card packs a fairly steep interest rate on purchases
  • A punishing rate of 49.95% on cash withdrawals

As this card is on the Mastercard network, it’s accepted at more than 40 million locations worldwide. You’ll also be able to enjoy access to Priceless Cities experiences.

How does it compare?

NewDay Ltd's card

1 - 1 of 1
Name Product Annual/monthly fees Initial credit limits Minimum income Representative APR Incentive Link
opus card
Min. limit £250, max. limit not specified.
Representative example: When you spend £1,200 at a purchase rate of 39.95% (variable) p.a., your representative rate is 39.9% APR (variable).

Compare up to 4 providers

Other popular credit builders

Table: sorted by representative APR, promoted deals first
Name Product Annual/monthly fees Initial credit limits Minimum income Representative APR Incentive Link
Tymit Credit Card
Min. limit £500, max. limit £15,000.
Not specified
Representative Example: Rep. APR 22.4% (variable). This means for a purchase of £100 at 22.4% spread over 12 months, you'll pay a total of £111.39 (12 payments of £9.28). No annual fee.
Check eligibility
Vanquis Bank Chrome Credit Card
Min. limit £150, max. limit £1,200.
Not specified
Representative example: When you spend £250 at a purchase rate of 29.5% (variable) p.a., your representative rate is 29.5% APR (variable).
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thimbl. credit card
Min. limit £150, max. limit £1,200.
Not specified
Representative example: When you spend £1,000 at a purchase rate of 39.94% (variable) p.a., your representative rate is 39.9% APR (variable).
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Vanquis Bank Classic Credit Card Visa
Min. limit £150, max. limit £600.
Not specified
Representative example: When you spend £1,000 at a purchase rate of 39.94% (variable) p.a., your representative rate is 39.9% APR (variable).
Check eligibility

Compare up to 4 providers

Approval for any credit card will depend on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

You can make manual repayments through NewDay Ltd's app, by logging in to your online banking or over the phone (0333 414 1077). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and damaging your credit score – making it harder and more expensive to borrow money in the future – and getting hit with a penalty fee (£12) as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

When you submit an application for a credit card, the card issuer will run a full credit check, which has a slight (and usually short-lived) negative effect on your credit score.

Since that's particularly unhelpful for those trying to rebuild their credit ratings, the opus site offers a "FastCheck" facility – essentially a soft credit search which won't affect your credit score, but which can tell you your likelihood of approval before you apply. To run the FastCheck, you need to give some basic details about yourself, including where you've lived over the last three years.

After using the FastCheck service, if you're happy to proceed, the simple online application form takes around 10-15 minutes to complete. You won't usually have to wait more than a couple of minutes to find out if your application has been successful. Don't forget to take a close look at what you're offered, since rates and credit limits will be based on your specific circumstances, taking into account factors like credit score, income and level of debt.

Frequently asked questions

What credit limit will I get with the opus card?

If NewDay Ltd is able to offer you this deal, the offer will specify a personalised credit limit based on NewDay Ltd's assessment of your situation. The minimum limit offered on this card is £250 and NewDay Ltd does not specify a maximum. Once you've had the card for a while and shown NewDay Ltd that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the opus card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the opus card is 5% (min. £4). For example, if you withdraw £50, you'll incur a fee of £4.00. Withdraw £250, and you'll incur a rather painful fee of £12.50.

The interest rate on this part of your balance will be 49.95%, which is 25% more than the standard purchase rate (chargeable from the day of the transaction – the card's usual "up to 48 days interest-free" grace period won't apply).

How much does it cost to use the opus card abroad?

Non-sterling transactions are subject to a 2.95% charge. For example, if you spend 200 euros (£175.53), it'll cost you around £5.18 in fees.

What is the minimum payment on the opus card?

Each month you must pay at least 1% of your balance at that point or £5.00 – whichever of the 2 figures is greater. So if you had, say, £450.00 outstanding, you'd pay £5.00, and if you had £2,000.00 outstanding, you'd pay £20.00.

Paying only the minimum required amount each month is generally not advisable as it tends to be a very expensive way to borrow money which can lead to persistent debt.

Can I transfer money from the opus card to a bank account?

Yes. That's what's known as a "money transfer" (rather than a "balance transfer") in credit card jargon. You can arrange this from your online banking or using NewDay Ltd's app. This part of your card balance will incur interest of 39.95%. The fee for a money transfer is 3% (min. £3).

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