thimbl. credit card review 2021 | 39.9% rep. apr | Finder UK

thimbl. credit card review 2021

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thimbl. offers a straightforward credit-builder card for those with good and bad credit.

Finder rating: ★★★★★

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).

£150

Minimum credit limit

Up to 52 days

Interest-free each billing period

39.9%

Representative APR

£0

Account fee

Details

IssuerVisa
Annual/monthly fees£0
Purchases39.94%
Purchases interest-free periodUp to 52 days
Cash advances39.94%
Min credit limit£150
Max credit limitSubject to status: £1,000
Minimum Age18
AvailabilityAvailable to new customers
Annual/monthly fees£0
Foreign usage charge (EU)2.99%
Foreign usage charge (rest of world)2.99%
Cash advance fee3% (min. £3)
Late payment fee£12
Exceeding limit fee£12

Expert review

Tom Stelzer

Review by


Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney.

Expert review

The thimbl. credit card is a very straightforward card aimed at those looking to build their credit score, whether they’ve got good or bad credit.

With no rewards scheme, points or cashback, it’s about as no frills as credit cards come, which may suit customers who simply want access to a manageable credit account.

There’s also no annual fee, which means you can keep your costs to a minimum, as long as you pay off your credit card balance in full. But if you’re someone who’s likely to carry a balance each month, you’ll need to beware of the high rate.

Overall, the thimbl. credit card could be a worthy option for those with limited or bad credit history, but anyone wanting to get more out of their card may need to look elsewhere.

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Pros and cons

Pros

  • You can manage the card via an online app
  • The card is available to those with poor credit
  • There's no annual fee

Cons

  • No rewards or other offers
  • Maximum initial credit limit is capped at £1,000
  • The APR is noticeably high

How does it compare?

thimbl.'s card

Data updated daily
Name Product Annual/monthly fees Min credit limit Max credit limit Minimum income Rep. APR Incentive Link
thimbl. credit card
£0
£150
Subject to status: £1,000
Not specified
39.9%
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).
More Info
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Other popular credit builders

Table: sorted by representative APR, promoted deals first
Data updated daily
Name Product Annual/monthly fees Min credit limit Max credit limit Minimum income Rep. APR Incentive Link
TSB Classic Credit Card Mastercard
£0
£500
Not specified
Not specified
26.9%
Representative example: When you spend £1,200 at a purchase rate of 26.95% (variable) p.a., your representative rate is 26.9% APR (variable).
More Info
Tesco Bank Foundation Card
£0
£100
Subject to status
£5000
27.5%
Collect 1 Tesco Clubcard point per £4 spent (£4 minimum) in Tesco and 1 Clubcard point per £8 spent (£8 minimum) outside Tesco in each purchase transaction.  Must have available credit to collect Clubcard points. Clubcard points are turned into Clubcard vouchers every 3 months or sooner using Faster Vouchers. Clubcard vouchers can be used in Tesco or with Clubcard Reward Partners to get even more value on dining out, hotel stays and travel.
Representative example: When you spend £1,200 at a purchase rate of 27.542% (variable) p.a., your representative rate is 27.5% APR (variable).
More Info
Vanquis Bank Chrome Credit Card
£0
£250
Subject to status: £1,500
Not specified
29.5%
Representative example: When you spend £250 at a purchase rate of 29.5% (variable) p.a., your representative rate is 29.5% APR (variable).
More Info
Vanquis Bank Aquis Visa
£0
£250
Subject to status: £1,000
Not specified
29.8%
You could get a credit limit increase after your 5th statement and further increases every 5 months, up to £4,000.
Representative example: When you spend £1,000 at a purchase rate of 29.84% (variable) p.a., your representative rate is 29.8% APR (variable).
More Info
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Compare up to 4 providers

Approval for any credit card will depend on your status. The APR shown represents 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.

Eligibility criteria

To be eligible for a thimbl. credit card, you’ll need to meet the following criteria:

  • Be at least 18 years old
  • Be a UK resident
  • Have a UK bank account

You’ll also need to meet thimbl.’s income and financial requirements.

How to apply

In order to apply for a thimbl. credit card, you'll first need to use its Express Check eligibility checker via the thimbl. website. You'll need to provide certain personal information as part of the check, and will receive your results within one minute. Using the eligibility checker will have no impact on your credit score, and if you're approved, you'll then be eligible to apply for a thimbl. credit card.

The verdict

With its simple credit-builder credit card, thimbl. aims to give customers the option of an accessible card with no bells and whistles. As a result, it could be suitable for those with poor or limited credit history looking for a basic everyday card to build their credit score. However, with its high, variable rate, it will only be an affordable choice for those who can pay off their balance each month.

Frequently asked questions

How long will it take to get a thimbl. credit card?

It normally takes around 10-14 days for you to receive your thimbl. credit card once you’ve submitted your application.

Where can I use a thimbl. credit card?

You can use your thimbl. card anywhere that accepts Visa, including in the UK and abroad, as well as online.

Will a thimbl. credit card help build my credit rating?

Yes, using your thimbl. credit card can help improve your credit score, as long as you stay within your credit limit and make your monthly repayments on time.

How can I manage my thimbl. account?

You can manage your thimbl card and pay your bill via the Vanquis Bank online app.

Finder credit card ratings

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

Our experts score credit builder credit cards to determine their value against similar products on the market. We look at a number of important factors, like interest rates, credit limits, features to help you track your credit, 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.

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.

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