Ocean Finance
Ocean Finance was launched in 1991.
They offer loans, credit cards, mortgages and some insurance products. They specialise in customers with poor credit.
Their credit card is supplied through Capital One.
They are based in Manchester.
Credit cards
Ranked 25th of 34 providers reviewed.
| Customer happiness score | 47.14% |
|---|---|
| Customer trust score | 42.14% |
| Complaints performance | 69.39% |
| Transparency rating | 64.85% |
| Fairer Finance score Reviewed Autumn 2023 |
56% |
Credit cards
Credit builder credit cards
| Representative APR i | 39.9% |
|---|---|
| Representative cash transaction interest rate i | 2.84% |
| Representative purchase rate i | 2.84% |
| Risk based? i | |
| Initial minimum credit limit i | £200.00 |
| Statement Due Date Change Fee i | £0.00 |
| Representative balance transfer rate i | 2.84% |
Foreign use credit cards
Ocean Finance
Credit Card
| Foreign purchase fee i | 2.75% |
|---|---|
| Foreign withdrawal fee i | 3% |
| Representative APR i | 39.9% |
| Number of days before interest is charged on non-sterling cash transactions i | 0 days |
| Risk based? i | |
| Representative purchase rate i | 2.84% |
Money transfer credit cards
Ocean Finance
Credit Card
| Money transfer rate during promotional period i | |
|---|---|
| Duration of money transfer offer period i | |
| Money transfer fee during promotional period i | |
| Representative APR i | 39.9% |
| Risk based? i | |
| Representative cash transaction interest rate i | 2.84% |