The thimbl Credit Builder Credit Card is tailored for people trying to build or repair their credit history while managing a modest budget. Offering credit limits from £200 to £2,000, the card features a representative APR of 48.9% (variable). To qualify, applicants must be employed, earn at least £800 monthly after tax, and meet basic requirements such as being a UK resident aged 18 to 70.

What makes thimbl stand out is its focus on credit building. Responsible use and timely monthly payments could positively impact your credit score, while providing contactless and app-based convenience for everyday expenses.

How to Apply: Step by Step

Applying for the thimbl Credit Builder Card is straightforward. First, check your eligibility online by supplying your income, employment, and credit information.

If you meet the criteria, continue to a full application which will involve a hard search of your credit file and open banking checks. You may need to upload payslips and bank statements.

Once you’re approved, you’ll receive a personalised credit limit based on your financial circumstances. The card is managed online or via a mobile app for added convenience.

Activation is simple, and you can start making purchases or setting up regular repayments to help build your credit profile.

Always borrow responsibly and ensure you can meet repayments to avoid negative credit impacts.

Pros of the thimbl Credit Builder Card

Firstly, thimbl is ideal for anyone with limited or poor credit history seeking to build or repair their score through positive repayment habits.

The application process is fast and can be completed entirely online, with no impact on your credit score for pre-eligibility checks, making it risk-free to explore your options.

Cons of the thimbl Credit Builder Card

A significant drawback is that if you are unemployed or on very low income below £800/month, you will not qualify for the card. Employment is mandatory for eligibility.

Another downside is the relatively high APR of 48.9% (variable), making borrowing expensive if you do not clear your balance every month.

Our Verdict

If you’re employed, new to credit, or want to fix a damaged credit record, the thimbl Credit Builder Card is worth a look. The convenience of mobile management and tailored credit limits make it accessible for many, provided you handle repayments with discipline. However, given the high interest rate, it is best for short-term use or for those who repay balances in full each month.