Zable Credit Card
Representative 29.9% APR (variable), max £4,000 limit, no salary required—just £800 in regular income monthly. Instant decision and manage fully from app.
Zable offers a credit card option for those currently unemployed, targeting anyone with a regular income of at least £800 per month. This income can come from sources like benefits, pension, or rental payments, not necessarily a salaried job. You benefit from a representative APR of 29.9% (variable) and can access up to a £4,000 credit limit, subject to eligibility. The application process is straightforward and will not affect your credit score when checking eligibility.
How to Apply for the Zable Credit Card
First, check your eligibility online. This step uses a soft search and does not impact your credit score. If you’re eligible, complete the application with some additional details. Most applicants receive a decision almost instantly. If approved, you could start using the card right away, even before the physical card arrives, via Apple Pay or Google Pay.
Key Pros of Zable Credit Card
One major advantage is that you only need regular income—not a job—to apply. Regular income from pensions, benefits or rent is considered. The app is user-friendly, letting you track your spending, repay balances instantly, and manage your account features. You also get immediate account reviews for potential credit increases as your financial stability improves.
Key Cons of Zable Credit Card
While unemployed, you might be offered a lower credit limit initially, depending on your financial situation. Additionally, the 29.9% APR, though competitive for those with uncertain income, is still higher than some traditional cards, making full monthly repayments crucial to avoid extra charges.
Verdict
Zable Credit Card is a strong option for unemployed individuals in need of credit and flexible management. It requires steady income, not formal employment, and approval can be fast. Its app features can help keep track of finances and manage repayments efficiently. However, budget carefully due to the higher rate. This is a sensible option if you’re confident in making repayments and need credit access now.