Vexi review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Vexi suits adults in Mexico who want revolving card access rather than a fixed loan and who can live with a variable rate. The number that sets it apart is the cost: an annual rate of 48.2% to 95.6% on the Vexi American Express card, and the credit check is none.

Key facts

Best for
Adults in Mexico who want a revolving credit line and can live with a variable rate.
APR
48.2% to 95.6% (Source, checked September 26, 2026)
Term
6 to 12 months (Source, checked September 26, 2026)
Arrangement fee
Up to 490 MXN one-time, VAT included (opening commission on the Vexi American Express card, Nivel Comienzos; annual fee 0 MXN for life) (Source, checked September 26, 2026)
Credit check
None (Source, checked September 26, 2026)
Funding time
Application answered in 3 business days; card received after paying the opening commission (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Must be of legal age and live in Mexico; valid INE, passport or residence card required at application (Source, checked September 26, 2026)
Loan types
Credit-line (Source, checked September 26, 2026)
Credit needed
Poor (Source, checked September 26, 2026)
Legal entity
GRIBMA S.A.P.I. de C.V. (Source, checked September 26, 2026)
Headquarters
Mexico (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Credit line
Official website
vexi.mx

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInXappgallery.huawei.com

Pros and cons

Pros

  • No bureau search stands in the way: the credit check is none
  • A revolving line rather than a fixed loan, so you draw only what you use
  • The card carries no annual fee for life, so the opening commission is the only set-up cost
  • Support covers email, chat and phone

Cons

  • The annual rate of 48.2% to 95.6% is high, and the rate is variable rather than fixed
  • The Vexi American Express card in the Nivel Comienzos tier charges an opening commission up front, with VAT included
  • A bureau-free check means the decision leans on data the lender holds, and the profile it targets is poor
Vexi

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Scored 8.9 / 10 by BorrowCue.

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Who it suits

  • Adults in Mexico with a thin or damaged credit file who still need card access
  • Borrowers who want to draw on a revolving line rather than repay a fixed loan
  • People who can handle a variable rate and keep paying the balance down

Who should look elsewhere

  • Borrowers who want a fixed rate they can budget around, since Sofkredit works at 10.74% to 18.06%
  • Anyone who wants no upfront commission, since Creduma ES takes no advance commission and no initial payment
  • Readers weighing a wider rate range, since Cashspace works at PHP 12 to PHP 36

Who runs it

Vexi is run by GRIBMA S.A.P.I. de C.V., a direct lender based in Mexico, so customers deal with the lender itself rather than a broker. The card is issued under an American Express licence. The Mexican regulators listed are Comision Nacional Bancaria y de Valores (CNBV) and Procuraduria Federal del Consumidor (PROFECO). Help runs on email, chat and phone, with a phone line and a help centre alongside chat and email.

How Vexi compares

Where Vexi is available

Available
Mexico
Licence in Mexico
Comision Nacional Bancaria y de Valores (CNBV), checked September 26, 2026
Licence in Mexico
Procuraduría Federal del Consumidor (PROFECO), checked September 26, 2026
Licence in Mexico
American Express (issuing licence under which VEXI issues the cards), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to borrow from Vexi?+

The annual rate on the Vexi American Express card runs at 48.2% to 95.6% and the rate type is variable, so it can move. There is no annual fee for life on the card, and the credit check is none, which keeps the cost of applying low. Approval still rests on data the lender holds.

Is there an arrangement or opening fee?+

On the Vexi American Express card in the Nivel Comienzos tier there is an opening commission, and it includes VAT. The card then carries no annual fee after that. Creduma ES, by contrast, takes no advance commission and no initial payment, which is worth weighing before applying.

Does applying affect my credit file?+

No bureau search is part of the process, since the credit check is none. The profile the lender targets is poor, so a thin or damaged file is not ruled out. That is the main draw for applicants who would struggle with a bureau-based assessment.

How long do approval and delivery take?+

Applications are answered within a few business days, and the card is sent once the opening commission has been paid, so the opening charge comes before the card arrives. The account is a revolving credit line product, and you draw against it as needed rather than on a schedule.

Who is behind Vexi and who regulates it?+

Vexi is run by GRIBMA S.A.P.I. de C.V., a direct lender in Mexico, so you deal with the lender rather than a broker. The cards are issued under an American Express licence. The Mexican regulators listed are Comision Nacional Bancaria y de Valores (CNBV) and Procuraduria Federal del Consumidor (PROFECO).

Who can apply for a Vexi card?+

You need to be an adult living in Mexico, and an official identity document such as an INE, a passport or a residence card has to be ready when the form is submitted. The product is aimed at a poor credit profile, so a strong credit file is not the point here.

What kind of credit does Vexi actually offer?+

Vexi's product is a revolving credit line card account, so you draw what you need and repay against the balance rather than a fixed instalment. The term range listed is 6 to 12. A revolving line suits people whose spending changes from month to month.

How do I get help once I have the card?+

Support runs on email, chat and phone, so a phone line, chat, email and a help centre are all available. That matters for a revolving card, where a blocked or misread charge has to be sorted quickly. The phone channel is there for anything urgent on the account.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Loan amount, Representative example.

Vexi

Vexi

Adults in Mexico who want a revolving credit line and can live with a variable rate.

8.9/10Visit

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