{"id":450553,"date":"2022-05-13T13:23:16","date_gmt":"2022-05-13T12:23:16","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=450553"},"modified":"2025-07-07T09:57:13","modified_gmt":"2025-07-07T08:57:13","slug":"the-credit-thing-card-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/credit-cards\/the-credit-thing-card-review","title":{"rendered":"The Credit Thing card review"},"content":{"rendered":"

The Credit Thing card is issued on the Mastercard<\/a> network, so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.<\/p>\n

Who is The Credit Thing?<\/h3>

The Credit Thing is a UK-based firm offering instant credit via a virtual card to anyone who \u201cvalues innovation, convenience and transparency\u201d or might be \u201cbored of the same big banks\u201d.<\/p>

Founded in 2021 by Misha Rogalskiy, The Credit Thing was previously known as Ukrainian fintech monobank, Koto Card.<\/p>

What is The Credit Thing credit card?<\/h3>

Well, The Credit Thing credit card is not actually a credit card. The Credit Thing card is a virtual Mastercard debit card that works very similar to a credit card and can be used anywhere you see the Mastercard logo. <\/p>

Like a credit card, The Credit Thing will give you a suitable credit limit alongside a credit agreement. However, here\u2019s the catch, if you are not eligible for credit yet, you could still open an account with The Credit Thing but instead of using credit to pay, you use your own money.<\/p>

How does The Credit Thing card work?<\/h3>

You can use your card like any other credit card, anywhere you see a Mastercard logo (even abroad). You can use your card in-store via Apple Pay or Google Pay, or you can request a physical plastic card for a fee of \u00a35.<\/p>

Is The Credit Thing Card still available?<\/h3>

Currently, The Credit Thing Card is unavailable. In May 2023, the FCA restricted the activity of Koto Card Limited (trading as The Credit Thing). Under this restriction, Koto cannot enter into new credit agreements as a lender, which includes both onboarding new customers and extending credit agreements. <\/p>

Features<\/strong><\/h4>