What is a Bolt-on?
A Bolt-on is an optional paid extra. You can buy a Gold, Silver or Bronze Bolt-on.
All Bolt-ons:
- Increase the credit limit on your Loqbox Grow credit-building card
- Give you either free, or discounted access to our money wellness app, Nooli
Bolt-ons build your credit score faster by lowering your credit utilisation (that’s how much of your available credit you’re using).
Here’s what each tier offers:
💡 The cost of a Bolt-on is in addition to membership. Your Bolt-on payment will be applied to your Grow digital credit-building card, and you’ll pay for it on 1st of every month, alongside your other repayments, like your £2.99 membership and your monthly savings payments.
How quickly will you see results after activating a Bolt-on?
A Bolt-on can send positive signals to the credit reference agencies (CRAs).
What causes credit scores to improve is influenced by things we can’t always see.
That means we can’t guarantee results within a specific timeframe.
Using a Bolt-on alongside good credit habits (like making repayments on time and keeping your credit use low) could help improve your credit history.
Here’s how to make changes to an existing Bolt-on:
- Log in to your account
- Tap on your credit-building card or select 'Grow' from the menu
- Below the active credit limit is your active Bolt-on
- Select the View button alongside your Bolt-on
- To change it, select Manage my Bolt-on
- Pick Gold, Silver or Bronze, or cancel as you need to
You’ll see the changed Bolt-on and billing date in the Grow section of your account. Changing your Bolt-on updates your Grow digital credit-building card limit as well as your access to our financial wellbeing app, Nooli.
If you’re unsure what to choose, talk to our support team. We’re happy to help you find what fits best.