Updated September 29, 2026 · SumCue Editorial Team
Ocean Finance Card vs RinggitPlus Credit Card
RinggitPlus Credit Card
Ocean Finance Card
Higher score in this comparison
Where Ocean Finance Card and RinggitPlus Credit Card differ
| Compare | Ocean Finance CardReviewSee alternativesSee alternatives | RinggitPlus Credit CardReviewVisitVisit |
|---|---|---|
| Annual fee | £0 | MYR 195 |
| APR | 39.9% | 15%Lower |
| Rewards type | None | Cashback |
| Balance transfer fee | 2.9% | 0%Lower |
| Rewards rate | Not confirmed | up to 10% |
| Credit needed | Poor | Not confirmed |
| Perks | Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000, Mobile app to make payments and check balance, Free email and text alerts, Card usable online before the physical card arrives, Eligibility check does not affect credit score, No Apple Pay | Not confirmed |
Same on both: Balance transfer intro period (6 months), Card kind (Credit).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Ocean Finance Card scores higher overall: 9.1 vs 8.8.
- Founded is lower at Ocean Finance Card: 1991 vs 2013.
- APR is lower at RinggitPlus Credit Card: 15% vs 39.9%.
- Balance transfer fee is lower at RinggitPlus Credit Card: 0% vs 2.9%.
- Support channels: only Ocean Finance Card offers Phone, Help centre.
Our verdict on each
Ocean Finance Card
The Ocean Finance Card suits borrowers with a poor credit history who plan to clear a balance: a transfer fee of 2.9% on what you move, and an annual fee of £0. Anyone wanting a rewards card should look elsewhere, since this one is priced for short borrowing.
RinggitPlus Credit Card
RinggitPlus Credit Card suits shoppers who want cashback on everyday spend plus a short balance transfer window. It charges an annual fee of MYR 195 with APR of 15% and cashback of up to 10% through rewards support of rewards for regular use.
Score breakdown
| Area | Ocean Finance Card | RinggitPlus Credit Card |
|---|---|---|
| Cost | 9.1Annual fee £0, but interest at 39.9% is what holders really pay. | 9.2HigherAnnual fee of MYR 195 with transfer fee of 0% shapes overall cost. |
| Offer | 9.2HigherThe rewards type is none, so the offer rests on practical extras. | 8.7Cashback of up to 10% in cashback form via rewards defines appeal. |
| Trust | 9.1Higher | 8.4Linked to Jirnexu Sdn Bhd with help via email and chat for queries. |
Moving a 3,000 balance
Ocean Finance Card
87
2.9% of 3,000
RinggitPlus Credit Card
0
0% of 3,000
RinggitPlus Credit Card comes out 87 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 29, 2026.
Licences and countries
| Country | Ocean Finance Card | RinggitPlus Credit Card |
|---|---|---|
| United Kingdom | Financial Conduct Authority 310069 | Not confirmed |
Additional countries for Ocean Finance Card: 1. Additional countries for RinggitPlus Credit Card: 1.
How they place
| Ranking | Ocean Finance Card | RinggitPlus Credit Card |
|---|---|---|
| Credit and debit cards | 426 of 1594 | 48 of 1594 |
| Balance transfer cards | 15 of 32 | 1 of 32 |
Where these facts come from
Ocean Finance Card
- oceanfinance.co.uk: 13 facts, checked September 26, 2026
RinggitPlus Credit Card
- ringgitplus.com: 13 facts, checked September 29, 2026
Every fact side by side
| Fact | Ocean Finance Card | RinggitPlus Credit Card |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Not confirmed | Rewards |
| Legal entity | Intelligent Lending Limited | Jirnexu Sdn Bhd |
| Headquarters | United Kingdom | Malaysia |
| Founded | 1991Lower | 2013 |
| Support channels | Chat, Phone, Email, Help centreCovers more | Email, Chat |
Where each stands against the rest
| Fact | Ocean Finance Card | RinggitPlus Credit Card | Median |
|---|---|---|---|
| APR | 39.9%highest quarter | 15%above the median | 11.635% |
| Balance transfer intro period | 6 monthslowest quarter | 6 monthslowest quarter | 12 months |
| Balance transfer fee | 2.9%below the median | 0%lowest quarter | 3% |
Median across 486 listed providers.
Pros and cons
Ocean Finance Card
Pros
- Balance transfers cost 2.9% over 6, so old card debt has a route out.
- The perk list Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance adds an app, free alerts and purchase protection.
- Support runs on chat, phone and email, so help comes through several channels.
Cons
- The APR is 39.9%, so carrying a balance month to month is expensive.
- The rewards type is none, so everyday spending earns nothing back.
- Apple Pay is not among its perks (Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance).
RinggitPlus Credit Card
Pros
- Cashback of up to 10% with cashback focus for everyday spend
- Balance transfer fee of 0% with cover for 6
- Support access through email and chat for written queries
Cons
- Annual fee of MYR 195 applies even when spend remains modest
- APR of 15% adds borrowing cost when balances carry over
- Support runs on email and chat only for account queries
Who each suits
Ocean Finance Card
Who it suits
- Borrowers with a poor credit history, since the annual fee is £0.
- Anyone clearing a balance on another card, where the transfer fee is 2.9%.
- Card users who want purchase protection on larger buys, listed under Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance.
Who should look elsewhere
- Starling Personal Account Debit Card, at an APR of 15%, for current account borrowing.
- Varo Believe Secured Credit Card, with $0 annual fee, for a secured route.
RinggitPlus Credit Card
Who it suits
- Shoppers seeking cashback rewards for routine retail spend
- Planners seeking a short transfer window with low upfront cost
Who should look elsewhere
- Fee sensitive users who prefer eToro because annual charges differ
- Fee sensitive users who prefer Bitpanda because annual charges differ
Current offers
Ocean Finance Card
Current offer
First period offer
0% for 6 months on balance transfers and purchases on the Ocean Credit Card: 0% for 6 months, 2.9% balance transfer fee
Representative 39.9% APR (variable) after the offer, purchase rate 39.94% APR (variable), credit subject to status
Source, checked September 26, 2026
RinggitPlus Credit Card
Current offer
Bonus
UOB Credit Cards Promotion: Apple iPad Pro M5 + RM188 TNG
Apply, approved by 18 Nov 2026, activate and spend RM200 in 60 days for UOB ONE Card
Source, checked September 29, 2026
Country by country
| Country | Ocean Finance Card | RinggitPlus Credit Card |
|---|---|---|
| Malaysia | No | Yes |
| United Kingdom | Yes | No |
Questions about each
Ocean Finance Card
Is there an annual fee on the Ocean Finance Card?+
The annual fee is £0, so holding the card year on year costs nothing beyond interest. That suits anyone clearing a balance slowly, since the only bill is what is owed. The rate to watch is the APR on balances you do not clear, at 39.9%.
What is the APR on the Ocean Finance Card?+
The APR is 39.9%, a high rate for borrowing month to month. Interest is the real cost here, because the annual fee is £0 and nothing is charged for holding it. The cheaper route is moving a balance from another lender, where the fee is 2.9%.
RinggitPlus Credit Card
What annual fee applies to this card+
The card carries an annual fee of MYR 195 for continued membership regardless of usage level. Budget for this charge alongside interest if balances revolve. Paying in full each cycle keeps total cost focused on the annual fee rather than added interest.
How does the purchase interest rate work+
Purchases that revolve accrue interest at APR of 15% under standard terms. Clearing the balance in full each cycle avoids that interest charge. Keeping balances low helps manage total borrowing cost over time.
Other options to compare
Other matchups
RinggitPlus Credit Card
Ocean Finance Card