Save money on balance transfers and purchases with MoneySupermarket's comparison of the best credit cards. Our selection features cards with 0% on balance transfers or purchases, no balance transfer fees, rewards and cashback offers, and free fraud protection.
Credit cards from your bank
Many people turn to their bank if they need a credit card – and you can understand why. If you already have a current account or a mortgage with a bank, it means you have built up a relationship that could date back many years. In other words, you probably trust your bank with your money.
It often pays to shop around for a credit card, but it’s not necessarily a bad idea to contact your bank, especially if you are worried about your credit score, or you have already been refused credit by another card issuer.
Card firms check your credit record every time you apply for a card. If you have a low credit score, or you have no experience of credit, you could be turned away, or at least denied access to the very best deals, such as 0% offers.
Your own bank is more likely to accept your application for a credit card than a rival because it probably knows something of your financial history, as well as your ability to manage debt.
Some banks also reserve credit cards exclusively for their own customers.
What are the advantages of a credit card from your bank?
Banks are more likely to accept credit card applications from existing customers than new ones because they are often already familiar with their spending and borrowing habits. You might also be offered more favourable terms, such as a higher credit limit or a lower interest rate.
Some cards are exclusive to existing customers and might charge 0% on purchases and balance transfers for an introductory period, plus give discounts on shopping, travel and entertainment.
Are there any disadvantages?
If you only contact your bank if you need a credit card, you could miss out on some of the best deals. If you have a clean credit record, it usually makes sense to search the whole market.
What are the alternatives to a credit card from your bank?
Anyone with a poor credit history could consider a bad-credit credit card. They are designed for people with a low credit score and can help you improve your rating so that you can eventually apply for a standard credit card.
You can compare all types of credit cards, including the credit cards from your bank, using MoneySupermarket’s online service. It’s free and independent – and committed to finding you the best deal.
Your personalised chance of approval
We've taken the details you gave, and used them to show you personalised scores to tell you the chance that your application for each card would be successful.
Why is this important?
Every time you apply for a credit card, a mark is left on your credit score. That means it's better get it right first time. Your scores help you understand which cards you have the strongest chance of getting.
The higher the score, the stronger chance you have of getting the card. If you see a very low score, you're probably better off choosing a different card.
- Consider a different card
- Not eligible
- Your chances are good
- You've been pre approved
If you see a high score, you can be fairly confident. The scores aren't a guarantee, as acceptance of your application is at the sole discretion of the card issuer, but they should help guide your choice.
If you see a pre-approved score it may be subject to you passing additional ID and fraud checks by the provider.
In some cases, we will not be able to display a score for a product because we do not have enough information about the card issuer’s acceptance criteria or we have not been able to match your details at the credit bureau.
We work closely with our partners to improve our eligibility scores for all products that are of interest to you.
We're free and independent, as well as offering exclusive deals you can't get anywhere else.
Moneysupermarket is a credit broker – this means we’ll show you products offered by lenders. We never take a fee from customers for this broking service. Instead we are usually paid a fee by the lenders – though the size of that payment doesn’t affect how we show products to customers.