How much does Credit Flex cost?

There’s no subscription fee for using Credit Flex - you’ll only pay the interest rate on the money you borrow.

We apply a monthly interest rate of 3.3% or 4.25% for the outstanding amount over the repayment period.

A representative example:

You take an assumed unsecured loan for £1,000. 

• The annual percentage rate is 47.6% 

• The fixed monthly interest rate is 3.3%

Over a 4-month repayment period, you’ll pay back 4 monthly instalments of £270.96 – the total amount payable would be £1,083.84. 

Tо see your repayment amounts and scheduе, in your Tide app, tap: Finance > Loans > Credit Flex.