Yonder
Thinking of taking out a Yonder credit card? Read our guide on which kinds of credit cards they offer.
Thinking of taking out a Yonder credit card? Read our guide on which kinds of credit cards they offer.
Who is Yonder?
Yonder is a credit card and travel insurance provider who says its aim is to change credit for the next generation. The London-based company, which was founded in 2022, offers rewards cards where you can earn points to use on dining out, entertainment and more.
Which is the best Yonder credit card for me?
Yonder offers two in-app reward cards – one with no annual fee and a premium one with a £15 monthly fee.
Free membership reward card
- You get one Yonder point for every £1 spent
- Up to five points per £1 with experience partners, including entertainment venues, restaurants, bars and fitness hotspots
- You can request a plastic card for £5
- Cancel the card at any time.
The representative APR (variable) for a free rewards card was 32.9% in March 2024, along with a 32.9% purchase rate (variable). This is based on a £1,200 limit. The rate you’re offered will depend on your financial situation and your credit history.
Full membership rewards card
- Earn five points for every £1 spent
- Up to 25 points per £1 with Yonder experience partners
- 10,000 bonus points when you sign up – worth up to £50 to spend on experiences
- £15 monthly fee
- Includes worldwide travel insurance provided by Qover
- 0.1% cashback rate.
The representative APR (variable) for a free rewards card was 66.7% in March 2024, along with a 29.94% purchase rate (variable). This is based on a £1,200 limit. The rate you’re offered will depend on your financial situation and your credit history.
Why choose Yonder?
It’s not just the rewards that make Yonder stand out – here are some of the features Yonder offers:
- You can build your credit score: if you make your monthly payments on time, Yonder will report them to Experian, Equifax and TransUnion,
- No foreign exchange fees when travelling
- No late payment fees
- Instant, in-app point redemption
- You can send points to friends on Yonder
- Easily see, freeze and replace your card
- Receive a detailed breakdown of your spending
- It’s accepted everywhere Mastercard is.
Eligibility
To be eligible for a Yonder credit card, you must:
- Not have a missed payment on another lending product within the last two years
- Not have a missed payment on at least one account on your credit report within the last two years
- Not been on a debt management plan within the last two years
- Not had a county court judgement (CCJ) within the last two years
- Be at least 18 years old and have a current account at a UK bank or building society.
Yonder also use open banking to assess your eligibility. Open banking is a safe and secure way of viewing your banking data to check your financial situation.
Are there any charges?
The full membership rewards card has a £15 monthly fee (or a £160 annual fee) but there are no additional charges with either card.
Why compare credit cards with Compare the Market?
Compare a range of options, all in one place.
Compare credit cards from 20 providers.[1]
Check eligibility without harming your credit score.
Compare the Market Limited acts as a credit broker, not a lender. To apply you must be a UK resident and aged 18 or over. Credit is subject to status and eligibility.
How well is Yonder reviewed on Trustpilot?
In March 2024, Yonder had a 4.7 rating on Trustpilot, from 554 reviews.
Frequently asked questions
How long does it take to get a Yonder credit card?
A digital Yonder credit card is ready to use in the app straight away.
If you want a physical card, it’ll take 5-10 working days to arrive.
Can I get a Yonder credit card with bad credit?
Yonder uses Open Banking, a safe and secure way to view your banking data, to check your income and expenses. This means Yonder doesn’t rely on traditional credit scores. But if you do have bad credit, other cards may be better for you.
How to contact Yonder
You can contact Yonder by using the chat function on the bottom right-hand side of the website.
How do I apply for a Yonder credit card?
You can apply for a Yonder credit card on the website. You can also see what other cards you might be eligible for without impacting your credit score by using our credit card eligibility checker.