Yonder partners with Griffin to boost credit limits with “Top-ups”

By Gloria Methri

Yonder, the rewards credit card for modern explorers, has partnered with Griffin to offer its customers “Top-ups”, a new feature that helps them unlock a higher spending limit while enjoying all the benefits of credit.

Dedicated to helping young professionals build a healthy relationship with credit, Yonder is enhancing its offering with Griffin’s embedded bank accounts to deliver two key improvements: An account for Yonder’s customers to boost their spending power by adding their cash to credit and a streamlined payments infrastructure to support the automation of previously manual reconciliation processes.

With these additions, Yonder can give its customers more control over how they spend credit while still enjoying all the rewards. Over time, these accounts will also provide Yonder with valuable data insights to support some credit decisions like increasing customer credit limits.

Tim Chong, co-founder and CEO of Yonder, said, “Our partnership with Griffin has enabled us to launch a groundbreaking feature for our members – giving them the flexibility to boost their spending power while benefitting from all the rewards and protections that come with credit.  Top-ups are another step towards our mission of empowering everyone to build financially rewarding lives, and this collaboration is a testament to our shared vision of innovation in payments.”

David Jarvis, co-founder and CEO of Griffin, added, “Sometimes the stars align, and you get to collaborate in a way that takes a product to the next level in multiple ways at once. Griffin’s work with Yonder is one of those – it helps make the customer experience that much better in ways big (like supporting large purchases via top-ups) and small (like enabling Confirmation of Payee on customer repayments). We are thrilled to be providing infrastructure that makes the UK’s best credit card even better.”