Tymit has launched! 🚀

We're delighted to announce the launch of our revolutionary, fee-free instalment Visa credit card.


Tymit Team

London, UK


We're delighted to announce the launch of our revolutionary, fee-free instalment Visa credit card. Built to provide a rich, mobile app experience, the new card addresses the lack of transparency and control involved with traditional credit cards.

The Tymit card allows customers to plan their spending, see the true total cost of any transaction, and avoid unnecessary interest by spreading the cost of purchases over 3, 6, 12 or 24 months.

Interest is only calculated and applied to instalment transactions rather than the whole balance, saving customers a significant amount of money versus traditional credit cards. Purchases that are not put on an instalment plan default to be due in full the next month, with no interest charges or fees. 

Over 53 million merchants worldwide accept Visa, Tymit Visa credit cardholders will have the option to pay in instalments at point of sale at any of these locations where Visa is accepted – enhancing the familiar Visa shopping experience.

The Tymit app gives customers complete control and transparency over their repayments, so they can plan purchases around their monthly budget. As soon as a transaction is made, an interest-bearing repayment schedule can be selected and easily adjusted. Using a built-in calculator function, customers can also simulate future purchases, gaining a clear understanding of the total interest that would be due.

The app also provides a wealth of data and features to help customers manage their finances. Real-time spending notifications, automatic purchase categorisation and reporting, transaction location maps and customer service chat can all be accessed from within a simple interface.

Advanced fraud protection is also included in the package: customers can block their card from within the mobile app, while advanced fraud prevention features use signals such as phone location to determine if your card could have been stolen.

**Tymit co-founder and CEO, Martin Magnone, said: **

“Traditional credit cards haven’t really changed in decades. The big banksrely on old technology, and because they’ve had a monopoly for so long, they haven’t given a lot of thought to providing a great user experience. You see this in the usability of their websites and apps, but it goes beyond that.

“Traditional credit cards offer customers almost no control, and that can be dangerous. It’s virtually impossible to anticipate the total charges when you make a purchase - you only find out the real cost months later when you review your statements. And once you have a balance accruing interest, banks provide almost no help in planning repayments.

“The Tymit card and mobile app are different. They’ve been designed from the ground up to fit seamlessly together, providing a fast, intuitive interface that puts you in control and helps you make better decisions about your spending.”

The Tymit Visa credit card is issued by digital financial technology provider Wirecard and can be used anywhere in the world that accepts Visa. It charges no membership fee or foreign transaction fees, and is backed by cutting edge fraud prevention technology, so cardholders can buy with confidence at home, abroad and online.

Click here to download the IOS app today.

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