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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
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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
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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
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