This article explains the different membership types that Portify offers.
What is a 'Portify Plus' membership?
A Portify Plus membership allows you to:
- access up to £250 in interest-free loans (Flex Finance),
- enter prize draws through our weekly quizzes,
- build your credit score with every Flex Finance repayment,
- use all credit score building features that are included in the Portify membership.
A Portify Plus membership costs £7 a month.
To become a Portify Plus member you'll need to pass our affordability checks. The affordability checks take a few seconds and happen during the sign-up process in the Portify app. After you pass you'll be able to withdraw interest-free loans of up to £250 in value. The exact amount each person is eligible for depends on their financial situation.
With your Portify Plus membership, you can also enter prize draws through the weekly Portify quiz. Each week Portify awards a winner a £100 voucher to a well-known retailer.
Paying your £7 membership fee and repaying any Flex Finance you withdraw on time helps improve your credit score. Any late payments may have a negative impact on your credit score and could prevent you from accessing membership features in the future.
How much does a Portify Plus membership cost?
It costs £7 each month. We don't charge any additional fees or interest on top of this.
A Portify membership costs £4 a month. It allows you to improve your credit score but does not give you access to Flex Finance or weekly prize draws.