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.
smile Gold Credit Card review
- 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
- Account fee
- Interest-free each billing period
- Up to 56 days
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.
- No annual fee
- Minimum annual income requirement of £10,000
- Applicants with low credit scores are unlikely to be eligible
- Only available to existing customers
|The Co-operative Bank
|Balance transfer fee
|Purchases interest-free period
|Up to 56 days
|Minimum credit limit
|Maximum credit limit
|Subject to status
|Additional cards available
|Doing its job
|Overall Finder score
|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.
|Balance transfer fee
|Foreign usage charge (EU)
|Foreign usage charge (rest of world)
|Cash advance fee
|3% (min. £3)
|Late payment fee
|Replacement card fee
|Exceeding limit fee
|Additional card fee
|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.
Find out which cards you are eligible for
- Check a range of cards in minutes
- No impact on your credit score
- One fast and simple form
How does this card compare with other similar cards on the market?
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:
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.