Credit builder credit card
The 118 118 Money credit card is designed to help people with little or no credit history build their score over time. It offers a manageable credit limit and reports to major credit reference agencies.
118 118 money credit cards
Compare a range of credit cards from 118 118 Money
MoneySuperMarket is a credit broker not a lender. You must be 18 or over and a UK resident.
Who is 118 118 Money?
118 118 Money is a UK-based lender offering credit cards and personal loans, focusing on customers who may have limited credit history or past financial difficulties. It provides straightforward borrowing with fixed rates and no hidden fees.
Unlike traditional banks, 118 118 Money operates online, with a simple application process and clear pricing. Its credit card has no annual fees, but interest rates can be higher than mainstream providers.
What types of cards does 118 118 Money offer?
118 118 Money offers a selection of credit cards designed for customers looking to build or improve their credit, including:
-
-
Bad credit credit card
For those with a poor credit history, the 118 118 Money credit card provides an option to access credit while working to improve their financial profile. There are no hidden fees.
-
Purchase credit card
118 118 Money offers a straightforward credit card. With no annual fees and clear pricing, it’s a simple option for everyday spending and budgeting.
How to pick the best 118 118 Money credit card
The right 118 118 Money credit card will depend on your financial situation and what you’re looking for from a card. Consider the following when deciding:
If you have a limited credit history or poor credit score, a credit builder card could help improve your rating over time, as long as you make payments on time
If you’re looking to consolidate existing debt, 118 118 Money offers a balance transfer card, which could help manage repayments more effectively
If you travel often, their travel credit card has no foreign transaction fees, making it a convenient choice for spending abroad
Whatever card you choose, be sure you can meet repayments every month, as missing payments could lead to extra costs and further damage your credit score
Trusted Service Awards Winners
MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
Am I eligible for a 118 118 Money credit card?
To qualify for a 118 118 Money credit card, you will need to meet the following criteria*:
-
Be aged between 18 and 70
Applicants must be at least 18 years old and no older than 70 to be eligible
-
Be a permanent UK resident
You must live permanently in the UK to apply for a 118 118 Money credit card
-
Earn at least £8,400 per year
A minimum annual income of £8,400 is required to be considered for a 118 118 Money credit card
-
Have a good recent credit history
You should not be in arrears with another lender and have had no default payments in the last six months
How to compare credit cards with MoneySuperMarket
Comparing credit cards is simple with MoneySuperMarket. Our eligibility checker helps you find the right card while keeping your credit score intact.
-
Tell us a little about yourself
Answer a few straightforward questions about your income, credit history, and what type of card you need
-
We do the searching for you
We compare multiple lenders and bring you a shortlist of the best credit card deals based on your preferences
-
Apply with confidence
View and compare your results, then choose the card that offers the best features and chance of approval for you
Can I get a 118 118 Money credit card with bad credit?
Yes, 118 118 Money offers credit cards designed for people with bad or limited credit. Their credit builder card can help improve your credit score, but be aware that interest rates may be higher, and approval depends on your financial history.
Will I be charged for a cash machine withdrawal using the 118 118 credit card?
Yes, 118 118 Money charges a fee for cash machine withdrawals. You’ll typically incur both a cash withdrawal fee and a higher interest rate compared to regular purchases, so it's advisable to avoid using your card for ATM withdrawals.
What is the credit limit on a 118 118 Money credit card?
Your credit limit with 118 118 Money will depend on your credit history and assessment. For those with a lower credit score, the limit may start smaller, but it could increase over time as you demonstrate responsible use of the card.
Are there any fees for overseas transactions with a 118 118 Money credit card?
Yes, 118 118 Money charges a foreign transaction fee on purchases made abroad. Be sure to check the specific terms for overseas fees as they can add up, especially if you frequently travel outside the UK.
How can I manage my 118 118 Money credit card account?
You can manage your 118 118 Money credit card account through their mobile app or online banking. This allows you to check your balance, make payments, track your spending, and view your credit limit easily.
Pay off as much as you can – in full if possible
It’s best to pay off your entire credit card balance every month if you can afford to – this way you won’t pay interest and you can avoid building up debt. If you can’t afford to pay off the full balance, you must pay off at least the minimum monthly payment – ideally more.
Don’t miss payments
Avoid missing credit card payments – credit card providers will often charge a penalty if you miss a payment and you also risk harming your credit score.
Set up a direct debit to pay your credit card balance
Setting up a direct debit could be a good way to ensure you pay off at least the minimum amount of your credit balance each month.
Don’t apply for new credit cards too often
Each time you make an application for a credit card, it leaves a record – known as a ‘hard search’ - on your credit report. Too many applications can make lenders think you are in desperate need for credit and your application may be rejected.
Get credit cards that offer rewards
Some credit cards have extra benefits that reward you when you use them a certain way. While some of them can be tempting, it’s better to get a credit card that will give you rewards for the way you spend already.
For example, an airmiles credit card. or one that earns you Avios travel-related points, is only going to be useful if you’re a regular flyer, but if you’re a regular shopper at a particular high street store, there might be a credit card that gives you cashback for shopping there.
Be careful when travelling overseas
If you’re planning to use your credit card overseas, check whether or not you’ll be charged for doing so. Many credit cards charge fees for foreign transactions, so it can be a good idea to look for a card that won’t charge you for using it abroad.
Don’t use your credit card for cash withdrawals
Some credit cards will charge a fee if you use them to take cash out of a cash machine, and on top of that you’ll be charged interest from the moment you receive your money. Avoid using your credit card for cash withdrawals unless it’s an emergency.
Protect yourself from fraud
Credit card fraud, like any fraud, is serious – you should always take care when using your credit card and be careful where you keep it. Never tell anyone your PIN and regularly check your statements every month – or if your credit card has an app, check that regularly - to make sure there are no surprises.
Credit card deals comparison
If you’re applying for a credit card, you might be able to find a better deal if you look through offers from different providers before taking one out. With MoneySuperMarket you’ll be able to search through multiple credit card deals and compare them by a range of factors, including their interest rates and any benefits and rewards they come with.
All you need to do is answer a few questions about yourself and your financial situation, and our Eligibility Checker will show your chances of being accepted for different credit cards. This won’t affect your credit score, so you can run a check without any worries.
Once you know which card you want, you can normally apply by phone, online, or in person if the provider has a high street branch. However, when you do apply, the provider will usually run a hard credit check – which will show up on your credit report – to confirm whether they’ll give you the card. If you’re accepted they’ll tell you your credit limit and interest rate, and soon you’ll be ready to start using your credit card.
How we work
MoneySuperMarket gives you lots of clever ways to save a lot, by doing very little.
Take control of your credit score by checking and improving it for free with Credit Score
Never overpay again with Energy Monitor, our energy monitoring service
Earn rewards of up to £130 per year when you make a qualifying purchase with SuperSaveClub
So how do we make our money? In a nutshell, when you use us to buy a product, we get a reward from the company you’re buying from.
But you might have other questions. Do we provide access to all the companies operating in a given market? Do we have commercial relationships or ownership ties that might make us feature one company above another?
We commit to providing you with clear and informative answers on all points such as this, so we have gathered the relevant information on this page.
Reviewed on 30 Dec 2025 by
Data based on the minimum price of travel insurance sold through MoneySuperMarket to Thailand in 2025. Prices vary based on your personal details & circumstances.