In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Your reviews

smile Gold Credit Card review

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smile Gold Credit Card
3.0
★★★★★
Finder score
Representative example:
When you spend £1,200 at a purchase rate of 15.8% (variable) p.a., your representative rate is 15.8% APR (variable).
Balance transfer fee
0%
Account fee
£0
Interest-free each billing period
Up to 56 days

Our verdict

This card is no longer available, but you can use our review to find alternatives.

There isn’t a lot to say about this no-frills credit card. If you already have a Co-operative Bank or a smile current account and you don’t want to waste your time looking for alternative deals, you could consider it.

There's no monthly or annual fee to worry about. The rate is neither the best nor the worst you can find, so ideally you want to clear your balance in full and on time each billing cycle.

If you do, you will be able to take advantage of up to 56 days of 0% interest on your purchases.

Approval for this card will, as usual, depend on your credit score; but smile says that if you are approved, you will get exactly the rate advertised, which is a refreshing approach compared to other providers.

Realistically, if you have a specific purpose in mind, such as spreading the cost of an upcoming expenditure, or minimising the amount of interest you're paying on existing card debt, there's likely to be cheaper options out there.

There are also no extra rewards or perks to make this card look a little bit less dull. But, hey, it does the job, and if you're after a very simple but effective card, it could be worth a closer look.

Pros

  • No annual fee

Cons

  • Minimum annual income requirement of £10,000
  • Applicants with low credit scores are unlikely to be eligible
  • Only available to existing customers

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Your reviews

The smile Gold Credit Card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to compare similar cards from other issuers.

Details

Product Overview

Issuer The Co-operative Bank
Network Visa
Annual/monthly fees £0
Balance transfers 15.8%
Balance transfer fee 0%
Purchases 15.8%
Purchases interest-free period Up to 56 days
Cash advances 27.9%
Minimum credit limit £300
Maximum credit limit Subject to status
Additional cards available 1
Potential costs 4.0 ★★★★★
Doing its job 2.5 ★★★★★
Extras 3.0 ★★★★★
Overall Finder score 3.0 ★★★★★

Fees and charges

Minimum monthly payment 2% or £5 (whichever is greater) or the total of any interest, default fees and charges plus 1% of the outstanding balance.
Annual/monthly fees £0
Balance transfer fee 0%
Foreign usage charge (EU) 2.75%
Foreign usage charge (rest of world) 2.75%
Cash advance fee 3% (min. £3)
Late payment fee £10
Replacement card fee £0
Exceeding limit fee £10
Additional card fee £0
Dormancy fee £0

Application Requirements

Minimum Age 18
Minimum income £10,000
Availability Available to existing customers

The smile Gold Credit Card is issued on the Visa network (used by a whopping 4.2 billion cards), so you'll be able to use it at more than 100 million merchant locations across more than 200 countries and territories.

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How does this card compare with other similar cards on the market?

Table: sorted by representative APR, promoted deals first
1 - 20 of 186
Name Product Rating Customer rating Finder score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
M&S Bank Credit Card Shopping Plus Offer Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 18 months reverting to 23.9%
0% for 15 months
(3.49% fee)
£0
23.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).
Halifax 0% Purchase and Balance Transfer Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 17 months reverting to 23.94%
0% for 17 months
(2.99% fee)
£0
23.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 23.94% (variable) p.a., your representative rate is 23.9% APR (variable).
Sainsbury's Bank 20 Month Balance Transfer Credit Card Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 3 months reverting to 28.95%
0% for 20 months
(3% fee)
£0
28.9% APR (variable)
Earn 1 Nectar point per £2 spent in Sainsbury's and Argos, and 1 Nectar point for every £5 spent elsewhere. Additional points can be earned by also using the Nectar card or app at the time of transaction. 1 point = 0.5p (min 500pts)
Representative example: When you spend £1,200 at a purchase rate of 28.95% (variable) p.a., your representative rate is 28.9% APR (variable).
The Elfin Card
Not yet rated
Not yet rated
Not yet rated
14.8%
N/A
£0
14.8% APR (variable)
If you withdraw £1,200 from your credit line and make no early repayments, you will pay £173.52 in interest over two years at a representative APR of 14.8%. Total amount repayable: £1,373.52.
Barclaycard Select Business Charge Card
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
N/A
£42 per annum
3.6% APR (variable)
Access exclusive offers through Barclaycard Business Rewards. Including, but not limited to, exclusive pre-sale tickets plus discounts on hotel bookings, dining out and car hire. Terms apply.

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Coutts and Co Silk Charge Mastercard
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
N/A
£0
N/A (this product is a charge card).
Coutts Concierge service that gives you 24/7 access to expert help and advice, from flight information, tickets, accommodation, car hire, emergency currency lost passports, messaging and interpretation services.

ASOS credit card (in partnership with Capital One)
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
0% for 3 months, reverting to 34.94%
N/A
£0
34.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 34.94% (variable) p.a., your representative rate is 34.9% APR (variable).
Payhawk Corporate Visa Card
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
N/A
Subject to subscription
N/A (this product is a charge card).
Earn up to 1% cashback on all eligible card spend up to the amount of your subscription.

Santander World Elite Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 18 months reverting to 18.9%
0% for 18 months
(0% fee)
£15 per month
49.8% APR (variable)
0.5% on £1 to £3000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a. with a fee of £15 per month, your representative rate is 49.8% APR (variable).
118 118 Money Guaranteed Rate Card
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
34%
34%
(0% fee)
£0
34% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 34% (variable) p.a., your representative rate is 34% APR (variable).
Nationwide Member Credit Card All Rounder
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
0% for 15 months reverting to 19.9%
0% for 15 months
(1.5% fee)
£0
19.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).
Virgin Money 12 Month Balance Transfer Credit Card Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 3 months reverting to 29.9%
0% for 12 months
(3% fee)
£0
29.9% APR (variable)
Enjoy exclusive offers and rewards on the Virgin Red app.
Representative example: When you spend £1,200 at a purchase rate of 29.9% (variable) p.a., your representative rate is 29.9% APR (variable).
Argos Classic Mastercard
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
0% for 3 months reverting to 39.94%
39.94%
(5% fee)
£0
39.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 39.94% (variable) p.a., your representative rate is 39.9% APR (variable).
AMEX Business Branded Content
Not yet rated
★★★★★
User rating
Not yet rated
N/A
APR (variable)

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Bank of China (UK) Great Wall International Classic Credit Card Visa
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
17.1%
N/A
£0
18.5% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.1% (variable) p.a. your representative rate is 18.50% APR (variable).
Virgin Money Virgin Atlantic Reward Plus Credit Card
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
26.9%
0% for 6 months
(3% fee)
£160 per annum
69.7% APR (variable)
Earn 15,000 bonus points with your first card purchase made within 90 days of account opening. Earn 1.5 Flying Club miles for every £1 spend and 3 miles for every £1 spend with Virgin Atlantic and Virgin Holidays. Spend £10K a year on your card and choose an extra benefit - an upgrade to Premium, or a Companion ticket. Points value varies dependent on reward (min 3000pts)
Representative example: When you spend £1,200 at a purchase rate of 26.9% (variable) p.a. with a fee of £160 per annum, your representative rate is 69.7% APR (variable).
Ulster Bank Purchase & Balance Transfer Credit Card Mastercard
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
0% for 19 months reverting to 24.9%
0% for 19 months
(2.99% fee)
£0
24.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
M&S Bank Credit Card Purchase Plus Offer Mastercard
Not yet rated
★★★★★
User rating
Not yet rated
0% for 20 months reverting to 24.9%
0% for 12 months
(0% fee)
£0
24.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Clydesdale Bank Business Credit Card
Finder score
★★★★★
Not yet rated
★★★★★
Expert analysis
16.9%
N/A
Year 1 - £0, Year 2 onwards - £28 per annum
22.4% APR (variable)
Receive discounts at participating retailers with the Mastercard Business Savings scheme.
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £28 per annum, your representative rate is 22.4% APR (variable).
Virgin Money 18 Month Balance Transfer Credit Card Mastercard
Finder score
★★★★★
★★★★★
User rating
★★★★★
Expert analysis
0% for 3 months reverting to 24.9%
0% for 18 months
(1.75% fee)
£0
24.9% APR (variable)
Enjoy exclusive offers and rewards on the Virgin Red app.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
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Repayment options

You can make manual repayments through Smile's app by logging in to your online banking or over the phone (0345 600 6000). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£10) or losing any promotional rates 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

Sorry – Smile is no longer accepting applications for this card. However you may wish to consider one of the alternatives listed above.

Frequently asked questions

What credit limit will I get with the smile Gold Credit Card?

If Smile is able to offer you this deal, the offer will specify a personalised credit limit based on Smile's assessment of your situation. The minimum limit offered on this card is £300 and Smile does not specify a maximum. Once you've had the card for a while and shown Smile that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the smile Gold Credit 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 smile Gold Credit Card is 3% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250 and you'll incur a fee of £7.50.

The interest rate on this part of your balance will be 27.9%, which is 77% more than the standard purchase rate (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the smile Gold Credit Card abroad?

Non-sterling transactions are subject to a 2.75% charge. For example, if you spend 200 euros (£171.31), it'll cost you around £4.71 in fees.

What is the minimum payment on the smile Gold Credit Card?

Each month you must pay at least 2% of your balance at that point or £5.00 – whichever of the 2 figures is greater. So if you had, say, £225.00 outstanding, you'd pay £5.00, and if you had £1,000.00 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.

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score low rate credit cards to determine their value against similar products on the market. We look at a number of important factors, like exactly how low the low rate is, any perks/benefits, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

Find the right card for you

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We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

Your reviews

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