Marbles Credit Card Reviews 2024: New Changes, Check Before Applying

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Marbles is a credit card available in the United Kingdom only. It is a credit card builder which helps people to improve their credit history. If you have a very low credit score, you can go for this credit card. In this article, I will give you a detailed Marbles Credit Card Reviews, key features, eligibility criteria and the overall Marbles Card Review.

Marbles Credit Card Overview

Here is a quick overview of marble credit card.

Who owns Marbles Credit Card?

NewDay Ltd. is a famous financial service company in the United Kingdom which owns Mardbles Credit cards. This card comes with a credit limit ranging from £250 to £1,500.

The way Marbles credit card works is very simple. Suppose you have a very low credit history. You can use Marbles card to repay your debt, which helps you to improve your credit rating.

Ideal Candidate for Marbles Credit Card

Marbles Credit Card is ideal for only two types of customer:-

If you are new to credit and credit history marbles card is one of the best choices for you if you want to build your credit history from scratch.

Marbles Credit card is the perfect choice for people who are struggling to build a credit history. You can rebuild your credit history if you pay your dues on time.

Note:- Marbles credit card charges you a very high interest rate compared to other cards available on the market. People with a low credit history can also take this credit card as it covers risk, so it charges high interest.

Key Features of Marbles Credit Card

Here are some of the important features of the Marbles card:-

Low Credit Limit-Marbles offers lower credit limits compared to some standard credit cards, making it an excellent option for people with a limited credit history.

Check Eligibility – A standout feature of Marbles is the ability to check your eligibility without impacting your credit score.

Account Management -Marbles provides an easy-to-use online platform and a user-friendly mobile app, allowing you to monitor your account balances, make payments, and track your spending effortlessly.

Credit Limit Increase-After three months of responsible use, Marbles may review your credit limit, offering the opportunity for an increase on your credit limit based on your previous payment history.

Improve Credit Score – Marbles Credit card helps users improve their credit history if they use it responsibly. Best for people looking to increase their credit rating.

Eligibility Criteria of Marbles Credit Card

If you are going to apply for the Marbles Credit Card, you must check the eligibility criteria:-

• Applicant must be a Permanent UK resident aged 18 or over.

• Have a good credit history or be prepared to build one.
• You must have a current UK bank account.
• Pass affordability checks.

Note: Meeting these criteria does not guarantee approval, as individual circumstances can vary.

Pros of Marbles Credit Card

Build Your Credit – Like other credit-building cards, Marbles can help you improve your credit score if you use the card responsibly and pay your bills on time.

Flexible Credit Limit – The starting credit limit of a Marbles card ranges from £250 to £1,500. The credit limit can be increased if you have a good payment record.

No Annual Fee – Ideal for people with a limited budget.

Modern Features – Marbles offers all the standard features of a modern credit card, including text alerts and online account management.

Cons of Marbles Credit Card

With lots of benefits, the Marbles card also comes with a few disadvantages:-

High Interest Rates -The representative APR of Marbles card is 34.9%, which is much higher than the UK average. So, make sure to pay your dues in full each month to avoid any worsening debt issues.

No Perks or Rewards – The Marbles card doesn’t come with any cashback, reward or any other perks. In general, credit card builders don’t offer any exciting rewards.

Chances of decrease in credit limit – In some cases, if you fail to pay your dues on time or exceed your credit limit, it will badly impact your credit score. Make your payment on time to avoid any unnecessary decrease in your credit score.

How to Apply for Marbles Credit Card?

To apply for the Marbles card follow the below steps:-

• First of all, visit the official website of Marbles Credit Card.

• Now click on Check Eligibility.

• It will redirect you to the Application form.

• Fill all the necessary detail and click on Check Eligibility at the bottom of the application form.

• After submitting your application form marbles will do a hard credit card.

• If your application form is accepted, you will receive a confirmation mail and will get your credit card delivered within 5-6 working days.

Marbles Credit Card Vs Other UK Credit Builder Cards

Following are the comparison of Marbles Credit card vs Other Credit card builders:-

• High Interest Rates -The Marbles card has an Annual percentage rate (APR) of 34.9% higher than other credit builder cards. However, Barclaycard card offer a lower APR of 29.5% only.
• Higher Credit Limits– Marbles comes with an initial credit limit of up to £1,500, which is higher than other credit card builders available.
• Frequent Credit Limit Increases – Marbles allows credit limit reviews every 3 to 4 months, while Capital One reviews them only once a year.
• No Perks or Rewards: Marbles does not offer rewards or cashback compared to other credit builder cards, such as the Tesco Foundation Card or Asda Money Select.

Customer Review about Marbles Credit Card

On Trustpilot, nearly 6,000 customers rated Marbles 4.5 out of 5 stars.

Positive Feedback – 75% of users gave it five stars, appreciating the credit limit increases (one user’s limit grew from £250 to £4,300 in two years). The simple application process and the transparent interest charge make it more popular among users.

Negative Feedback -However, 10% of customers rated it just one star, citing issues like poor customer service, long wait times, unexpected charges, and serious app glitches that sometimes caused payment failures, negatively impacting their credit scores.

Is Marbles Credit Card good?

It is hard to say that Marbles Credit Card is good or bad. It varies according to individual needs and requirements. Marbles Credit card provides you with a limited credit limit suitable for some users, whereas it also helps many users to improve their credit history.

On the other hand, it charges a very high interest rate, which is not affordable for many users. This card also doesn’t offer any reward or cashback, making it not a perfect fit for some users.

I have explained all the pros and cons in this article. Analyzing your requirements and looking deeply at the pros and cons can help you select the perfect credit card for you.

Conclusion

The Marbles credit card can be useful for people looking to build their credit score or control their spending. If you have a low credit history and can afford the interest rate, you can go for this credit card.

So before making your decision, take a close look at the pros and cons and assess your financial situation before applying. Using the card wisely and regulating your spending can maximize its benefits and minimize potential risks.

If you have any question write it in the comment section. Also don’t forget to share it with your friends and relatives with similar needs.

Ella

Hello! I’m Ella Patel, a blogger based in India with a strong specialization in the finance sector. My journey into the world of finance and writing is a blend of academic achievements and professional experiences, which I am excited to share with you