Pockit: Bank Card Alternative

Pockit is a mobile banking app alternative that allows users to easily top up their account using cash, bank transfer, or debit card. It also offers the ability to send money within the UK, set up Direct Debits, and make payments with Google Pay™. One of the unique features of Pockit is the opportunity to start building your credit score and access to credit in just 3 months.

With over 1 million users, Pockit offers instant payment options, including receiving your pay a day early at no extra cost and access to an instant UK account number. It also provides all the key features of a bank alternative app, such as instant spending alerts and balance updates, the ability to manage bills and rent in one place, and even access to up to £100 cash advance before payday.

Pockit also offers the option to build your credit score and get access to credit, with features such as a 0% interest cash advance before payday, no hard credit checks, and the ability to borrow up to £500 after 3 months at 0% interest. It also offers online bank account style management, allowing users to easily lock their card if lost and order a replacement in seconds, as well as manage up to £10,000 in their account and share the account with friends or family.

In addition to these features, Pockit also offers rewards for its users, including better deals on broadband, TV, and mobile services, a chance to win £250 every week, and 15% cashback from leading retailers like Sainsbury's, Argos, and Pizza Express.

Pockit is accessible to those with low or no credit history, as well as those who may not have traditional forms of ID accepted by other online banks. It also has no subscription fees and can be accessed in just 3 minutes with no credit score check. However, it is important to note that Pockit is a prepaid account, not a bank, and is not covered by the Financial Services Compensation Scheme (FSCS).

Overall, Pockit offers a convenient and rewarding alternative to traditional banking, with features such as credit building, cashback rewards, and easy account management. It is available to those 18 years and older, subject to satisfactory residence and ID checks, and offers a variety of services powered by SteadyPay, with a representative APR of 40.47%.