Welcome to Bits, where we're dedicated to helping you on your credit-building journey with a suite of features designed for your financial growth. These include access to the store card and the credit card, rent reporting, a collection of educational videos, real-time Equifax score tracking in-app and our marketplace, among others.
Bits Store Card
Automatic Subscription Bundle: The Bits store card is included with your Bits subscription, offering a credit limit based on the monthly fee selected.
Where can it be used: The Bits store card can only be used on the Bits app, in our in-app store, to make gift card purchases.
2-Instalment Purchase Plan: For any purchase made in our in-app store, you will pay 70% upfront. The remaining 30% will utilise your store card's credit limit and is billed at the end of your billing cycle along with your subscription fee.
Bits Credit Card
Applying for a Bits credit card requires a standard credit card application, including a credit check to determine your eligibility and credit limit. You can apply by clicking the credit card banner on the top of your home page in the app.
The credit limit on your Bits credit card is determined separately and is not related to your subscription tier or store card limit.
Upon approval, you'll receive a physical credit card to use for everyday purchases, mirroring the functionality of traditional credit cards. The payments on the Bits credit card are made weekly (currently every Tuesday).
Good to have in mind:
ATM Withdrawals are not permitted on the Bits credit card. It is also not compatible with Apple and Google Pay right now.
There are no hidden interest charges or usage fees associated with using your Bits credit card.
While your Bits credit card is widely accepted, there are certain vendors where it cannot be used. A comprehensive list of these vendors is available for review.