Updated October 14, 2026 · BorrowCue Editorial Team
Addi vs Timo by BVBank
What sets them apart
| Compare |  Addi |  Timo by BVBank |
|---|---|---|
| APR | 0% to 29.14%Lower | 2.1% |
| Arrangement fee | 0 COP (no handling fee) | Kredivo platform fee charged once per loan, varies by loan term (VND 21,000 on a VND 700,000 loan) |
| Funding time | Credit applied for in minutes; the purchase is paid directly to the merchant at checkout | Within 1 business day of BVBank approval |
| Loan types | BNPL, Credit line | Personal, Credit line, BNPLCovers more |
| Loan amount | Not confirmed | up to ₫50,000,000 |
| Term | 1 to 6 months | Not confirmed |
| Credit check | Hard | Not confirmed |
| Representative example | Not confirmed | VND 700,000 personal loan over 3 months: platform fee VND 21,000, interest about VND 51,184, total to repay VND 772,184, about VND 257,350 per month |
| Free early repayment | Yes | Not confirmed |
| Eligibility | Not confirmed | Vietnamese citizens aged 18 or over with a valid chip ID card open online in the app; foreigners aged 15 or over legally residing in Vietnam may open an account at a BVBank branch with a valid passport plus visa, temporary residence card or permanent residence card |
Same on both: Rate type (Fixed), Lender type (Direct lender).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Timo by BVBank scores higher overall: 9.6 vs 9.3.
- APR is lower at Addi: 0% to 29.14% vs 2.1%.
- Support channels: only Timo by BVBank offers Chat.
- Loan types: only Timo by BVBank offers Personal.
Our verdict on each
Addi
Addi suits Colombian shoppers who want a credit line or pay-later plan at checkout rather than a cash loan. The costs are modest: fees of 0 COP (no handling fee) and an annual rate of 0% to 29.14%, with borrowing that a hard credit check sits behind.
Timo by BVBank
Timo by BVBank presents instalment loans through financial partners. The unsecured loans are repaid monthly into a Timo account; applications require Vietnamese nationality.
Score breakdown
| Area | Addi | Timo by BVBank |
|---|---|---|
| Cost | 9.5 | 9.7Higher |
| Offer | 9.0 | 10.0Higher |
| Trust | 9.2 | 9.2 |
What each covers
| Loan types | Addi | Timo by BVBank |
|---|---|---|
| Personal | No | Yes |
| Credit line | Yes | Yes |
| BNPL | Yes | Yes |
Pick Addi if, pick Timo by BVBank if
Pick Addi if apr matter most.
Pick Timo by BVBank if loan types matter most.
How they place
| Ranking | Addi | Timo by BVBank |
|---|---|---|
| Lines of credit | 51 of 328 | 39 of 328 |
| Buy now, pay later | 12 of 88 | 9 of 88 |
Every fact side by side
| Fact | Addi | Timo by BVBank |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Credit line | Credit line |
| Legal entity | Adelante Soluciones Financieras S.A.S. | Ban Viet Joint Stock Commercial Bank (BVBank) |
| Headquarters | Colombia | Vietnam |
| Support channels | Email, Phone, Help centre, Community | Email, Chat, Phone, Help centre, CommunityCovers more |
Where each stands against the rest
| Fact | Addi | Timo by BVBank | Median |
|---|---|---|---|
| APR | 0% to 29.14%lowest quarter | 2.1%lowest quarter | 8.99 |
| Loan amount | Not confirmed | up to ₫50,000,000below the median | ₫75,000,000 |
| Term | 1 to 6 monthslowest quarter | Not confirmed | 60 |
Median across 1144 listed lenders.
Pros and cons
Addi
Pros
- The purchase is paid straight to the merchant at checkout, so credit is applied for in minutes
- Fees of 0 COP (no handling fee), so there is no handling charge on the credit or the line
- Fixed rates, with a fixed structure rather than a variable one
Cons
- The application runs a hard credit check, so a declined application shows on the credit file
- Repayment terms run 1 to 6, which is short for anyone wanting a longer period
- The top of the annual rate range is high at 0% to 29.14%, so cost varies sharply with the borrower
Timo by BVBank
Pros
- Unsecured instalment-loan options provided by financial partners.
- Monthly repayments and disbursement to a Timo account.
Cons
- Partner and product terms, income and credit criteria apply; Vietnamese nationality is required.
Who each suits
Addi
Who it suits
- Colombian shoppers splitting a purchase at checkout rather than taking a cash loan
- People who want a reusable credit line open alongside a pay-later plan
- Borrowers with a good credit file who pass a hard check and settle early
Who should look elsewhere
- Anyone who needs money paid into a bank account, as the purchase is paid to the merchant at checkout
- Borrowers who need a longer repayment period than 1 to 6
- People who cannot pass a hard credit check
Timo by BVBank
Who it suits
- Vietnamese customers comparing partner-provided instalment borrowing through Timo.
Current offers
Addi
Current offer
Bonus
Minuto Ganador 2026: Bonus worth 100% of your purchase
Request your Cupo and buy in installments; every 5 minutes there is a winner
Source, checked September 26, 2026
Bonus
0% interest in up to 3 installments: 0% interest for eligible customers
Subject to transaction eligibility criteria set out in the 0% interest T&C
Source, checked September 26, 2026
Timo by BVBank
Current offer
Bonus
New-customer savings offer when shopping with 7-Eleven: VND 100,000 for new customers
for new Timo customers
Source, checked September 26, 2026
Country by country
| Country | Addi | Timo by BVBank |
|---|---|---|
| Colombia | Yes | No |
| Vietnam | No | Yes |
Questions about each
Addi
What does Addi cost to borrow?+
The published annual rate runs 0% to 29.14%, and there is a handling fee of 0 COP (no handling fee). Rates are fixed, so the cost of a plan does not drift while the balance is open. Early repayment carries no charge, which means settling sooner reduces the amount paid overall.
Is there a fee for opening a credit line?+
No handling fee applies: 0 COP (no handling fee) is what is listed for the credit and the line. The ongoing cost is interest, set on a fixed basis rather than a variable one, so the rate quoted at the start holds for the life of the plan.
How long are repayment terms?+
Repayment periods run 1 to 6 on the products listed. That is a short window compared with longer personal loans, so a plan is easier to clear quickly but gives less room if income is tight in a particular month.
Does applying affect your credit file?+
Yes. The check behind the application is a hard credit check, which means a formal search appears on the credit file whether the application succeeds or not. A rejected application can therefore affect later borrowing as well as Addi's own decision.