Risks & Benefits

It's always important to know what you're getting into. To help, we've set out the key risks and benefits to our core subscription and store card products to help you decide if it is suitable for you:

Risks

  • Can result in your credit score going down across the main 3 credit bureaus (Experian, Equifax and TransUnion).


  • You could get into more debt with this.


  • No guarantee provided - as a result, you may not see the score benefits you’re expecting.


  • This product is not regulated - thus, you may not receive the same level of protection that you’d get from a regulated lending service.


Benefits

  • If payments are made on time, your credit score could increase.


  • When using the Bits Store Card, you receive flexibility in repayments.


  • Enables access to a wide range of educational tools that explain how a credit score is built.


  • Depending on which plan you've selected, you can gain access to VIP/premium customer support.


  • Quick and easy access to most Bits services via our website or app.

Risks & Benefits

It's always important to know what you're getting into. To help, we've set out the key risks and benefits to our core subscription and store card products to help you decide if it is suitable for you:

Risks

  • Can result in your credit score going down across the main 3 credit bureaus (Experian, Equifax and TransUnion).


  • You could get into more debt with this.


  • No guarantee provided - as a result, you may not see the score benefits you’re expecting.


  • This product is not regulated - thus, you may not receive the same level of protection that you’d get from a regulated lending service.


Benefits

  • If payments are made on time, your credit score could increase.


  • When using the Bits Store Card, you receive flexibility in repayments.


  • Enables access to a wide range of educational tools that explain how a credit score is built.


  • Depending on which plan you've selected, you can gain access to VIP/premium customer support.


  • Quick and easy access to most Bits services via our website or app.

Risks & Benefits

It's always important to know what you're getting into. To help, we've set out the key risks and benefits to our core subscription and store card products to help you decide if it is suitable for you:

Risks

  • Can result in your credit score going down across the main 3 credit bureaus (Experian, Equifax and TransUnion).


  • You could get into more debt with this.


  • No guarantee provided - as a result, you may not see the score benefits you’re expecting.


  • This product is not regulated - thus, you may not receive the same level of protection that you’d get from a regulated lending service.


Benefits

  • If payments are made on time, your credit score could increase.


  • When using the Bits Store Card, you receive flexibility in repayments.


  • Enables access to a wide range of educational tools that explain how a credit score is built.


  • Depending on which plan you've selected, you can gain access to VIP/premium customer support.


  • Quick and easy access to most Bits services via our website or app.

300,000

People using Bits

1M+

Credit reports sent

4.6 / 5 ⭐️

on Trustpilot

300,000

People using Bits

1M+

Credit reports sent

4.6 / 5 ⭐️

on Trustpilot

300,000

People using Bits

1M+

Credit reports sent

4.6 / 5 ⭐️

on Trustpilot

Start building credit today, from £6/month.

Get started

LEGAL

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

LEGAL (SIMPLIFIED)

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

COMPANY

Score in app

Marketplace

Rent Reporting

FAQs

Risks & benefits

Free credit reports

Regulatory status

Vulnerable customers

Get help

CONTENT

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Fea Card Limited


© Fea Card Limited, 2018 - 2023

1 Hallswelle House, Hallswelle Road,
London, NW11 0DH, United Kingdom

hello@getbits.app
0207 438 2090


Bits is the trading name of Fea Card Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:946683) to provide credit information services, credit broking services and lending. Bits is also a member of CIFAS (the UK's leading fraud prevention service) and registered with the Information Commissioner's Office with registration number ZA507202.


Please note that some of the regulatory permissions we have carry limitations, which are stated on the FCA website. Furthermore, you should be aware that we also offer some services which are not regulated, as they are structured under exemptions in the Consumer Credit Act. To understand which of our services are regulated and which ones aren't, please look at the Regulatory Status page on our website. Our core services, which are the Bits Subscription, and Bits Store Card are not regulated, and this means you will not, as a consumer, have protections that typically come with a regulated product.


In addition to the above, Fea Card Limited is also an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides you with regulated account information services through Fea Card Limited as its agent. Specifically, this permission is used for our rent reporting service.

Start building credit today, from £6/month.

Get started

LEGAL

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

LEGAL (SIMPLIFIED)

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

COMPANY

Score in app

Marketplace

Rent Reporting

FAQs

Risks & benefits

Free credit reports

Regulatory status

Vulnerable customers

Get help

CONTENT

🇺🇸 USA Site

Twitter

Instagram

TrustPilot


Fea Card Limited


© Fea Card Limited, 2018 - 2023

1 Hallswelle House, Hallswelle Road,
London, NW11 0DH, United Kingdom

hello@getbits.app
0207 438 2090


Bits is the trading name of Fea Card Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:946683) to provide credit information services, credit broking services and lending. Bits is also a member of CIFAS (the UK's leading fraud prevention service) and registered with the Information Commissioner's Office with registration number ZA507202.


Please note that some of the regulatory permissions we have carry limitations, which are stated on the FCA website. Furthermore, you should be aware that we also offer some services which are not regulated, as they are structured under exemptions in the Consumer Credit Act. To understand which of our services are regulated and which ones aren't, please look at the Regulatory Status page on our website. Our core services, which are the Bits Subscription, and Bits Store Card are not regulated, and this means you will not, as a consumer, have protections that typically come with a regulated product.


In addition to the above, Fea Card Limited is also an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides you with regulated account information services through Fea Card Limited as its agent. Specifically, this permission is used for our rent reporting service.

Start building credit today, from £6/month

Get started

LEGAL

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

LEGAL (SIMPLIFIED)

Terms of use

Bits Subscription and Bits Store Card Terms & Conditions

Privacy policy

Complaints

COMPANY

Score in app

Marketplace

Rent Reporting

FAQs

Risks & benefits

Free credit reports

Regulatory status

Vulnerable customers

Get help

CONTENT

🇺🇸 USA Site

Twitter

Instagram

TrustPilot


Fea Card Limited


© Fea Card Limited, 2018 - 2023

1 Hallswelle House, Hallswelle Road,
London, NW11 0DH, United Kingdom

hello@getbits.app
0207 438 2090


Bits is the trading name of Fea Card Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:946683) to provide credit information services, credit broking services and lending. Bits is also a member of CIFAS (the UK's leading fraud prevention service) and registered with the Information Commissioner's Office with registration number ZA507202.


Please note that some of the regulatory permissions we have carry limitations, which are stated on the FCA website. Furthermore, you should be aware that we also offer some services which are not regulated, as they are structured under exemptions in the Consumer Credit Act. To understand which of our services are regulated and which ones aren't, please look at the Regulatory Status page on our website. Our core services, which are the Bits Subscription, and Bits Store Card are not regulated, and this means you will not, as a consumer, have protections that typically come with a regulated product.


In addition to the above, Fea Card Limited is also an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides you with regulated account information services through Fea Card Limited as its agent. Specifically, this permission is used for our rent reporting service.