akashgoswami_’s avatarakashgoswami_’s Twitter Archive—№ 7,058

    1. I’ve probably missed this because I’m still on holiday but Virgin Money is launching a compelling BNPL credit card product called “Virgin Money Slyce” It’ll be interest free for the 3 month & 6 month payment options and it promises no fx fees on foreign transactions 👀
      oh my god twitter doesn’t include alt text from images in their API
  1. …in reply to @akashgoswami_
    In comparison there are 3 other main BNPL credit card type products I’ve seen: Monzo Flex, Curve Flex (not actually a credit card) & the Tymit credit card Virgin Money’s take on the BNPL credit card is the only one out of the 4 that offer no fees on the 6 month payment option
    1. …in reply to @akashgoswami_
      That being said, too many BNPL products/offerings are certainly going to overwhelm people and we’re already in a situation where 58% of BNPL users are using it as a lifeline altfi.com/article/9620_bnpl-a-lifeline-for-58-of-consumers-battling-cost-of-living-crisis
      1. …in reply to @akashgoswami_
        I think if it’s used correctly, it can really help when it comes to cashflow management for larger one off purchases That’s how I’m currently using Monzo Flex right now