Capital One Ocean Credit Card

4.4

OUR RATING

Representative APR

39.9% APR (variable)

Purchases

39.94% (variable) p.a.

Balance Transfers

39.94% (variable) p.a. (2.90% fee)

Account Fees

£0

Representative Example:

At an assumed credit limit of £1,200, with a purchase rate of 39.94% (variable) p.a., most accepted customers get a rate of 39.9% APR (variable).

4.4

OUR RATING

Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.

Our Verdict

The Ocean credit card is a straightforward credit builder option with no annual fees. It’s designed for individuals looking to improve their credit score over time through careful and consistent use.

Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.

Product Features & Benefits

Issuer	Capital One
Network	Mastercard
Primary Category	Credit Building
Loyalty Scheme
Incentive on opening	You may be eligible for 0% on balance transfers (subject to a 2.9% fee) and purchases for up to 6 months.
Cashback/Rewards (if applicable)	No cashback scheme
Account Fee	£0
Purchases	39.94% (variable) p.a.
Purchases Interest Free Period	56 days
Balance Transfers	39.94% (variable) p.a. (2.90% fee)
Balance Transfer Fee	3.00%
Cash Advances	39.94% (variable) p.a. (fees apply)
Minimum Credit Limit	£ 200.00
Maximum Credit Limit	Subject To Status: £8,000

Fees & Charges

Account Fee	£0
Late Payment	£ 12
Returned Payment	£ 12
Exceed Limit	£ 12
Duplicate Statement	£ 0
Replacement Card	£ 0
Trace Fee	£ 0
Cash Withdrawal Fee	3%
Cash Withdrawal Minimum Charge	£ 3
Foreign Usage EU	2.75%
Foreign Usage World	2.75%