It is headquartered in London and regulated by the FCA and combines the technical and digital capabilities of a modern technology business with deep retail financial services and credit card sector experience. Offer valid each time an Asda Money Travel Insurance policy is purchased using an Asda Money Credit Card. You will not receive the reward if you break the terms and conditions of the credit agreement or if your account has been closed before the 10% has been applied.
For example, if your Travel Insurance policy costs £20.00, you will receive £2.00 back in Asda Pounds. You can find your Asda Pounds balance in your Asda Money Credit Card app or online servicing account. In a move to encourage smarter financial choices and foster positive borrowing habits, Jaja is introducing credit card-focused missions that unlock exciting benefits along the way. The American Express Platinum Cashback card offers 5% cashback up to £125 for first 3 months. You get 0.75% cashback on spending up to £10k and 1% cashback above £10k.
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In 2022, Jaja Finance signed a partnership deal with Asda to provide digital reward credit cards to its 18 million customers, leading to the launch of the Asda Money Credit Card and Asda Money Select Credit Card. More recently, Jaja introduced its first-ever own brand credit card, the Jaja Vanta Credit Card, further expanding its product portfolio. Jaja Finance Ltd is a leading fintech company specialising in digitally-led credit card products that prioritise simplicity, functionality, service, and security.
- This includes information we receive from you during the application process and from TransUnion, our credit reference agency.
- It said it is currently running private testing with those at the top of its waiting list and plans to launch the full app and credit card next month.
- It’s crucial to be aware that a refusal could potentially have an impact on your credit score.
- While a physical card is part of the offering, the primary focus is on a swift online application process and the subsequent card management directly through the dedicated app.
- Instead, the company has taken the helm of Bank of Ireland’s credit cards arm, absorbing a significant number of unsuspecting customers along the way, including those with Post Office and AA cards pre-dating the acquisition.
- Following its closed transaction of up to £120 million with new majority shareholders – KKR and TDR Capital – in March 2022, Jaja Finance signed a partnership deal with Asda to provide digital reward credit cards to its 18 million customers.
Assumed credit limit
- If you’re accustomed to the bells and whistles that many cards offer, Jaja might not make the cut.
- One standout benefit is Jaja’s commitment to hassle-free international transactions.
- In 2024, Jaja became one of the first UK fintechs to launch a GenAI chat assistant, Airi, using Anthropic’s state-of-the-art Claude 3 model family.
- Rewards will be earned as ‘Asda Pounds’ that customers can then transfer into their Asda Rewards Cashpots to use in-store or online.
- Fellow mobile-friendly credit card Tandem launched its first credit card in February last year which offered users 0.5 per cent cashback as well as fee-free spending when abroad.
Personalising these rewards means that Jaja can create a more enjoyable and tailored experience for customers. Jaja Finance is committed to empowering customers with simple, fair, and efficient credit solutions, leveraging advanced technology to enhance financial inclusion and customer experience. Credit limit and interest rates will be based on your individual circumstances. Your simple interest rates for purchases, balance transfers and cash advances will move up and down in line with the Bank of England base rate.
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When applications resume, Jaja assures that the online application procedure will be swift, taking just a few minutes. The process involves scanning your passport or driving license, with instant feedback on acceptance. When opening your Jaja financial account, it may provide a credit limit below £250, which is a relatively low amount for those seeking immediate financial assistance. This is because the limit may increase over time; however, if you are in a hurry, it could pose a challenge. More than four million customers use the Rewards app every month and have accrued over £70m in their Cashpots, which they can spend to reduce their grocery bills.
Great for everyday spending
We reserve the right to suspend, cancel or amend these Offer Terms at any time without giving prior notice. Tandem regained its banking licence in September 2017 after it bought the banking arm of Knightsbridge department store Harrods, which had previously been around since 1893. Peter Campbell is a seasoned finance writer, known for concise and informative articles on personal finance, investing, and wealth management. With expertise in simplifying complex topics, Peter empowers readers to make informed financial decisions. Trusted by many, Peter’s articles have gained recognition for their practicality and clarity. You’ll need details of your income, any financial commitments and your last three years of address history.
From today, Asda customers can get £20 added to their Asda Rewards Cashpot if they open a new Asda Money Credit Card or Asda Money Select Credit Card account, provided by digital lender Jaja Finance, on or before 4 July 2023. It also now offers a separate credit card designed for those with a limited credit history. It says that there are 'no complicated forms to fill in and new customers will be up and running within minutes’ with only a driving licence or passport, but said it still does carry out credit checks jaja bonus and not all applications are approved.
We review salaries each year to ensure performance is rewarded and we retain our talent. You’ll also be included in our annual discretionary bonus scheme, linked to your performance. Find out what monthly payments would be on a loan and the total cost over its lifetime, where interest is charged monthly.
Boost your Asda Rewards with your credit card
Shoppers using the Asda Money Credit Card and Asda Money Select Credit Card will be rewarded with 1% of every £1 spent at Asda on groceries, fuel, George, and other Asda services, and 0.3% of every £1 spent on purchases outside of Asda. Jaja Finance has launched a new rewards programme offering personalised benefits and smarter card features. The Jaja Finance rewards programme gives users more value through cashback, exclusive perks, and intelligent spend insights. Customers who collect enough stars will have the opportunity to move to a new level where they will receive richer rewards. Missions will reset every month, giving everyone a fresh chance to join in and collect all their stars.