Honest - Credit Card

Honest Financial Technologies

About this app

Honest Card - A smart credit card with high-interest digital savings
✔ Get a credit card with 90% approval: limit can growth monthly up to Rp100 million
✔ Access Honest Savings: a high-interest digital savings account powered by Binadigital. Enjoy 4% p.a. interest, unlimited free transfers, and no monthly fees. Your savings help increase your Honest Card credit limit over time

About Honest
• Product: Smart credit card with flexible installment payments
• Credit limit: Starts from Rp1 to Rp100 million and can grow
• Approval rate: 90%
• Interest & fees:
0% interest and 0% admin fee if paid in full & on time
1.75% monthly interest for unpaid balances
Admin fee of 0%-6.49% of active bill balance (100% refunded if paid in full & on time)
No annual fees, late fees, overlimit fees, or other card fees
Maximum APR: 21% per year (excluding admin fees)
• Payment illustration:
You spend Rp3,000,000 on July 5th
Bill statement date: July 16th
Your admin fee: 3.99% = Rp119,700
If you pay in full (Rp3,119,700) before July 25th:
✔ No interest
✔ Admin fee of Rp119,700 refunded to your limit
✔ Total cost: Rp0
If you only pay Rp1,000,000 before July 25th:
✔ Remaining bill of Rp2,119,700 will incur 1.75% interest the following month
✔ Admin fee is not refunded
✔ The next bill will include remaining balance + interest

Why choose Honest?
• Super fast approval: 90% approval rate, apply 100% online in just 5 minutes, and get approval within 2 hours
• Credit limit up to Rp100 million: Start from Rp1, and your limit keeps growing every month! Complete missions in the app to increase your limit for all your financial needs
• No fees as long as you pay in full and on time
• 0% interest for up to 47 days: Shop now, pay later with interest-free credit options!

Honest Points
• Cashback you can feel: For every Rp100,000 spent, you can get Rp1,000 cashback! Collect points from all your purchases and redeem them directly for cashback. The more you use it, the more rewards you'll get!
• Total bill reduction of up to Rp3.4 million every year (Estimate based on the average spending of top 1% users in 2024)

New! Honest Savings
Honest Savings is a multitasking digital savings feature from Honest, in collaboration with Bina Digital by Bank INA, part of the Salim Group. Bank INA is an officially licensed bank in Indonesia, registered with Bank Indonesia (BI) and supervised by the Financial Services Authority (OJK):
• 4% p.a. interest: Watch your savings grow, calculated daily & disbursed monthly
• Everything is free, unlimited: Free transfers to any bank, no quota, no monthly fees, and no admin fees
• Opportunity for a higher credit limit: The more you save, the higher your chance of getting a credit limit increase. Simple!

Key features of Honest that make it more convenient
• Flexible payment options: Choose the payment amount according to your financial situation. Pay in full for 0% interest, or pay partially with clear interest breakdown (1.75% per month)
• Secure access & privacy maintained: Only you can see your card details through the Honest app. No card numbers displayed on the physical card, so you don’t have to worry!
• Track your spending in real-time: Instant notifications for every transaction. Smarter to track your finances live
• Free credit score check: Get your credit score info for free via WhatsApp after applying

Honest Card is a smart choice for your finances. Enjoy an easy and secure credit card experience as a modern alternative to paylater or online loans (pinjol)

Need more info about Honest?
Website: https://honest.co.id
Instagram: @honestindo
Facebook: Honest Indonesia
X (Twitter): @honestindo
TikTok: @honestindo
YouTube: @HonestIndonesia

Ratings and reviews

It's not a CC as such, it's a loan trap. It is purposely named honest because obviously it is not honest. When you have a routine full payment, the card will be unilaterally blocked without notice, with some random reason. You need to be indefinitely trapped in loan and crazy admin fee to keep it work. Not recommended for serious CC user.

I trust Honest credit card because immediately after purchase I'm able to look at my transaction, very transparent. Everywhere i make purchase the card is recognized and payment is swift. Again, the transaction immediately shows on my phone app. They don't have hidden charges and admin fee always refunded within 24 hours after monthly statement paid on time. Honest automatically upgrade my credit limit when paid on time and achieving spending limits. I already stop some of my bank credit cards.

honestly, the CC experience is fine. you dont get a lot of balance but thats okay. whats not okay is when you have a problem and the CS just dont get you. they talk like a preprogrammed robot, not a human who can help me. they also roll out new features willy nilly without any test, the new authentication system is broken like half the time. the CS wont let me go back to the old tried and true system and just said "sorry" I don't think sorry is enough, man. I get why this app is not on iOS