Ocean Credit Card Review 2025: Is it for you? (39.9%) ARP

Looking to rebuild your credit? Ocean Credit Card offers easy approval and essential features for individuals with low credit scores in the UK.

Key Takeaways

• Issuer & Network: Ocean Credit Card is issued by Ocean Finance in partnership with Capital One and operates on the Mastercard network.
• Eligibility: Ideal for individuals with poor credit history or previous defaults.
• APR & Fees: High representative APR of 39.9%, no annual fees, but charges for late payments and balance transfers.
• Credit Limit: Ranges from £200 to £8,000 based on individual circumstances.
• Pros: No annual fee, payment reminders, and simple interest rates.
• Cons: High interest rates, limited perks, and low credit limits.
• Best For: Those seeking to rebuild their credit with responsible usage.

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If you have a low credit score and are looking for a credit card in the United Kingdom, then Ocean Credit Card is one of the options you can consider. Before writing this blog, I went through multiple websites and videos related to Ocean Credit Card Review.

Now, I think I am able to give you a detailed Ocean Credit Card Review in various parameters. In this article, I will cover the Features of Ocean Credit Card, the pros and cons, and everything you need to know before making your decision to apply Ocean Credit Card.

What is Ocean Credit Card?

The Ocean is a credit card issued by the Ocean Finance in partnership with Capital ones. It is a UK-based credit card with more than 30 years in the United Kingdom. Oceans Finance also offers loans to the people.

If you have low credit score and looking for a credit card with easy approval ocean credit card can be one option. Although Ocean credit cards have very easy criteria for approval, they come with very high interest rates and lower credit limits.

Ocrean Credit card have a mixed review of the customer. You can visit the Trustpilot website to check the rating and the feedback of the customer.

Ocean Credit Card Features Overview

Feature	Details
Issuer	Capital One
Network	Mastercard
Annual/Monthly Fees	£0
Balance Transfers	39.94%
Purchases	39.94%
Purchases Interest-Free Period	Up to 56 days
Money Transfers	39.94%
Cash Advances	39.94%
Minimum Credit Limit	£200
Maximum Credit Limit	Subject to status: £8,000
Additional Cards Available	3
Potential Costs Rating	3.8 ★★★★★
Performance Rating	3.8 ★★★★★
Extras Rating	4.0 ★★★★★
Overall Finder Score	3.9 ★★★★★
Best For	Those with little credit history or previous defaults/CCJs
Introductory Offer	No introductory offers
Representative APR	39.9% variable
Credit Limit Review	Can be reviewed twice a year, up to £8,000
Online Management	Yes
Official Website	Ocean Bank Credit Card

Ocean Credit Card Fee Details

Fee Type	Details
Minimum Monthly Payment	The greater of 3% or £5, or the total of any interest, fees, and charges.
Balance Transfer Fee	2.9% of the transferred amount.
Money Transfer Fee	3% of the transferred amount (minimum £3).
Foreign Transaction Fee (EU/Global)	2.75% on non-UK purchases.
Cash Advance Fee	3% of the cash amount (minimum £3).
Late Payment Charge	£12 per missed payment.
Overlimit Charge	£12 if you exceed your credit limit.
Duplicate Statement Fee	No charge for additional copies of your statements.
Additional Card Fee	No extra cost for up to 3 supplementary cards.
Dormancy Fee	£0 for account inactivity.

Features of Oceans Credit Card

There are multiple features of Ocean Credit Card:-

• The credit limit on Oceans credit card ranges between £200 and £8,000 depending on your individual circumstances.

• The card has no introductory offer for new customers.
• The card has a variable APR means the interest rate may fluctuate. If you carry a balance the interest can accumulate quickly, so it’s important to stay on top of payments.
• There is no annual fee for the Ocean Credit Card. However, charges for late payments, balance transfers, and high APR may be added, so check the details before doing any transaction.
• Ocean offers 0% interest on balance transfers for a limited period (usually around 6 months).
• The Ocean Credit Card does not offer a rewards program, so don’t expect any reward points or cashback on purchases. Marbles Credit Card Review

Pros of Ocean Credit Card

Here are some of the pros of ocean credit cards. Look at these points so that you can take better decision.

Great for Poor Credit -If you have a low credit score and need a card to rebuild your credit, it can be an ideal option.

No Early Repayment Fees– You don’t need to pay for paying off your balance early.

Simple Interest Rate -A single interest rate applies to all transactions. You don’t have to pay different rates for purchases or balance transfers like another credit card.

Payment Reminders -Free text reminders help ensure you don’t miss your monthly payments.

No Annual Fee – There is no annual charge for using the card.

Cons of Ocean Credit Card

In spite of many advantages, there are some disadvantages of ocean credit cards that can’t be neglected. Here are some cons of ocean credit cards that you must look after:-

Low Credit Limit – Ocean Credit Card offers a lower credit limit ranging from  £200 to  £8,000 and might be restrictive for some users.

High Interest Rates – The interest rates are higher compared to other credit cards.

Penalty Fees – You will have to pay extra fees if you exceed your credit limit or fail to pay the dues on time.

High Borrowing Costs – It has a very high APR interest can add up quickly if you don’t pay off the full balance each month.

.Limited Perks – There are no rewards programs like points or cashback.

Building Credit – If you are focused on improving your credit score, a secured credit card (which requires a deposit) might be a more effective choice.Yonder Credit Card Review

Eligibility Criteria of Ocean Credit Card

To be eligible for the Ocean credit card you must meet the below criteria:-

• You must be above 18 years old.

• Applicant must be a resident of the United Kingdom.

• If you have a low credit score still you can apply for the card because this card is designed to rebuild your credit score.

• You must not have any significant debit in any bank.

How to Apply Ocean Credit Card?

To successfully apply for the Ocean credit card follow the below step by step process:-

• Visit the official website of the Ocean Credit Card.

• To check your eligibility click on “check now“.

• Fill in all the necessary detail, including your name, date of birth , address, and income proof.

• After fill all the information, Click on “Apply”.

• This process will check your credit history. But don’t worry this will not impact your credit score.

• After submitting the form, wait for 60 seconds to get your response on approval.

Conclusion

The Ocean Credit Card offers you a solution for customers with poor credit history and provides you the option to rebuild your credit score. The approval criteria for the Ocean card are very easy, but the card comes with higher interest rates and lower credit limits.

However, if you use the credit responsibly and pay the dues on time will help you to improve your credit history. The ability to earn up to 56 days of interest-free purchases is a significant perk of this card, making it a good option if you clear your balance each month.

To choose the best credit card for your needs, first of all, analyze its pros and cons, know all the features, and visit the review website for customer feedback and ratings. In this way, you can select a perfect card for yourself.

If you have any questions, write in the comment section and do share it with your friends and colleagues with similar interests.