118 118 Money Crédit Card

118 118 Money Credit Card offers fixed interest and no foreign transaction fees for UK credit builders.

Credit Card

118 118 Money Crédit Card

Credit Score Reporting Fixed Interest Rate

No Foreign Transaction Fees.

How to Apply You will remain on the current site

Finding a UK credit card when your credit history isn’t perfect can feel discouraging. Many options either advertise temporary low rates that later increase or add hidden fees that only appear after approval.

The 118 118 Money Credit Card, issued by 118 118 Money and operating on the Mastercard network, presents itself differently. Its focus is transparency: fixed interest upon acceptance, no foreign transaction fees, and a structure built specifically for credit rebuilding.

How the 118 118 Money Credit Card Works

The card is aimed at individuals with poor or limited credit histories. Before applying, you can complete a soft eligibility check, which allows you to see your likelihood of approval without affecting your credit score.

If approved, credit limits typically range between £250 and £1,200, depending on your financial profile. The representative APR is 49.0% (variable), but the interest rate is fixed once you’re accepted. That predictability can be reassuring in a market where rates often change.

Key Benefits of the Card

Fixed Interest Rate Upon Acceptance
Your rate doesn’t increase after promotional periods, offering cost clarity from the start.
No Foreign Transaction Fees
Unlike many credit-builder cards, this one allows international spending without FX charges — useful for travel or online purchases in foreign currencies.
Credit Score Reporting
On-time payments are reported to major UK credit reference agencies, helping build a stronger financial profile over time.
Soft Eligibility Check
Check your chances before committing, reducing unnecessary hard searches on your file.

Comparison with Other Credit Builder Cards

Feature	118 118 Money Card	Vanquis Chrome	Aqua Classic
APR (Representative)	49.0% (fixed on acceptance)	29.5%–59.9% (variable)	37.9% (variable)
Foreign Transaction Fees	None	2.99%	2.95%
Credit Limit Range	£250–£1,200	£150–£1,500	£250–£1,200
Soft Eligibility Check	Yes	Yes	Yes

Note: Rates and features reflect typical market data for Q4 2025. Always verify directly with the provider.

Use Cases and Value Analysis

The 118 118 Money Credit Card is best suited for:

Individuals declined by mainstream lenders
Consumers actively rebuilding credit
Travellers who need no FX fees but lack strong credit
Self-employed applicants meeting minimum income requirements

Cost-Effectiveness

There is no annual fee, and late payment charges are capped at £12, keeping the fee structure relatively transparent. Cash withdrawals incur a 5% fee (minimum £4), making the card unsuitable for cash usage.

Overall, its value lies in predictability and international flexibility. Compared to other unsecured credit-builder cards that charge both annual fees and FX surcharges.