You do not pay any interest on credit you receive from income top-ups or income advances. Whether your weekly payment receives a top-up or you drawdown an advance, you repay exactly what you borrow, along with your membership fee.
While we don't charge interest, we are required to display a representative APR.
Trezeo's £3 membership fee equates to a representative 36.1% APR*, but this is not an interest charge it relates to the subscription cost annualised over the year.
*Representative example: In financial jargon, the Trezeo fee of £3 equates to a representative 36.1% APR. This assumes a credit limit of £500. You may be offered a different credit limit as it depends on your individual circumstances. Failure to repay or otherwise comply with your credit agreement can negatively impact your credit score.