Fintech startup Jaja has launched in the UK with its digital credit card, but is not currently accepting applications. It’s important to note that, akin to standard credit card applications, Jaja conducts a credit check during the application process. It’s crucial to be aware that a refusal could potentially have an impact on your credit score. Initially in beta, the boldly named brand made waves with ambitious plans to disrupt the credit card market.
- Jaja, a fintech set up by three Norwegian entrepreneurs and run by the ex-managing director of Barclaycard in Western Europe, describes itself as a rival to digital challenger Tandem and says its first credit card will launch next month.
- Apple Pay allows you to pay with your smartphone on websites, in apps, and in stores using the cards saved in your iPhone, Apple Watch, iPad and Mac.
- Jaja’s unique and innovative data sharing capabilities means the digital lender has an unparalleled insight into ‘knowing its customer’, and what matters to them most.
- It also remains to be seen whether Jaja will actually deliver, and how it will look in six months from now.
- Jaja credit cards, leveraging the Visa network, offer a seamless experience with acceptance at over 20 million locations worldwide.
Get 0% interest on purchases for 3-months when you open a new credit card!
While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. However, as with most credit cards, when you apply Jaja will be running a credit check and a refusal could impact your credit score. One standout benefit is Jaja’s commitment to hassle-free international transactions.
Jaja Credit Card
- However, the current appeal of a Jaja credit card may leave something to be desired.
- It said it is currently running private testing with those at the top of its waiting list and plans to launch the full app and credit card next month.
- While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products.
- More than four million customers use the Rewards app every month and have accrued over £70m in their Cashpots, which they can spend to reduce their grocery bills.
- You will not receive the reward if you break the terms and conditions of the credit agreement or if your account has been closed before the 10% has been applied.
- Depending on your personal situation, you can get between £250 and £20,000 of credit.
The company bills the product as mobile-first, explaining it allows customers to set up an account, secure credit and make a purchase before their plastic arrives. You can’t earn Asda Pounds on cash, cash alternatives, or Asda Travel Money bought at Asda travel money bureaus or online. Once Asda Pounds have been earned, they will be shown in your Asda Money Credit Card app or online servicing account. The Asda Money Credit Card and Asda Money Select Credit Card are competitively priced from 25.9% and 34.9% representative APR respectively with no annual fee. The Asda Money Select Credit Card is available to Asda customers looking to improve their credit rating.
Applying for Jaja
Jaja Vanta Credit Card is only available through ClearScore, and APRs will depend on individual customer circumstances. In return, we’re offering competitive salaries, discretionary annual bonuses and generous benefits alongside the opportunity to help us build our company. We’re growing – and we want to offer our people the chance to grow with us. Jaja, a jaja bonus fintech set up by three Norwegian entrepreneurs and run by the ex-managing director of Barclaycard in Western Europe, describes itself as a rival to digital challenger Tandem and says its first credit card will launch next month.
Annual fee
In 2022, Jaja Finance signed a partnership deal with Asda to provide digital reward credit cards to its 18 million customers, leading to the launch of the Asda Money Credit Card and Asda Money Select Credit Card. More recently, Jaja introduced its first-ever own brand credit card, the Jaja Vanta Credit Card, further expanding its product portfolio. And we’ve got big plans to drive real change in the UK credit market to meet the needs of our customers and our partners. So we’re building a diverse team of experts to drive forward our ambition, challenge the status quo, and change the world of consumer credit for the better. It is yet to secure a banking licence, but is authorised by the Financial Conduct Authority and can issue credit cards and enter into regulated credit agreements. Rewards will be earned as ‘Asda Pounds’ that customers can then transfer into their Asda Rewards Cashpots to use in-store or online.
You will not receive the reward if you break the terms and conditions of the credit agreement or if your account has been closed before the 10% has been applied. Any Asda Pounds added to your balance may be removed if you receive a refund for any qualifying purchases, such as cancelling your policy. Jaja has received mixed reviews from customers, according to customer review sites like TrustPilot.
for 6 months on balance transfers
The Asda Money Select Credit Card is available to Asda Customers looking to improve their credit rating. Today, Jaja Finance (“Jaja”) is once again leading the way in tech innovation with the launch of its revolutionary ‘Launch to Rewards’ interactive programme for Jaja Vanta Credit Card customers. If you’re an existing customer and you want to speak to someone about your Jaja Credit Card account, we’ve got the details you need. UK and Ireland-based employees will be automatically opted in to our enhanced pension scheme, with options to flex your contribution via our salary exchange scheme (or opt-out completely) as your choose. Our core values keep us focused on delivering the best possible experience for our customers and our colleagues. Concerns have been raised about the level of UK credit card debt, with around £67billion currently outstanding.