Introducing the Rise Visa Credit Card
Rise Visa Benefits:
- No Interest Charges
- Pay A Simple Monthly Fee
(Based on your account balance)
- Affordable Minimum Payments
- Up to £300 credit limit available
How the Rise Credit Card Works
The Rise Visa Card may be suitable for people who have less than perfect credit history.
With no interest charges and no default fees, the Rise card is a simple way to get
credit you deserve. Monthly charges are tiered
and based on the amount of your balance, so you're always in control.
|Monthly Balance on Statement
|£0.01 - £100
|£100.01 - £200
|£200.01 - £300*
If you withdraw cash on your card there is an additional Cash Advance Fee of 2.5% of the transactions (£2.50 minimum).
Please note that your charges form part of your balance and therefore need to be considered when making purchases or withdrawing cash. Higher balances together with charges may result in your account balance going over your credit limit.
During the application process you are required to supply your debit card details to make regular monthly repayments, of either the
or the full outstanding balance.
Your minimum monthly payment is designed to enable you to pay off your outstanding account balance quicker than you would with a typical credit card, and will be calculated each month as the total of your monthly fee plus 10% of your account balance. For example:
a) if your balance is £120, your minimum monthly payment will be £42 (£30 monthly fee plus 10% of £120);
b) if your balance is £280, your minimum monthly payment will be £73 (£45 monthly fee plus 10% of £280);
c) if your balance is £82, your minimum monthly payment will be £25 (which is the minimum monthly payment under the card terms and conditions).
So if you're looking for a different type of credit card that you
could actually get approved for...
Learn About Responsible Lending »