{"id":132315,"date":"2018-09-10T14:14:48","date_gmt":"2018-09-10T13:14:48","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=132315"},"modified":"2026-04-10T12:58:21","modified_gmt":"2026-04-10T11:58:21","slug":"118-118-money-card","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/credit-cards\/credit-builder-credit-cards\/118-118-money-card","title":{"rendered":"118 118 Money Credit Card review 2026"},"content":{"rendered":"

The 118 118 Money Guaranteed Rate Card is issued on the Mastercard<\/a> network, so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.<\/p>\n

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Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Defaqto.<\/p><\/div><\/article>\n<\/div>

\u201cCredit builder\u201d cards are designed as a stepping stone to cards with better rates. With no fees, the 118 118 Money card could suit those with a less-than-perfect credit history looking to rebuild their credit score.<\/p>

Repayment options<\/h3>\n\n\n

You can make manual repayments through 118 118 Money's app by logging in to your online banking or over the phone. Alternatively, you may wish to set up a direct debit.<\/p>\n\n

A direct debit protects you from forgetting to make a repayment and damaging your credit score<\/a> \u2013 making it harder and more expensive to borrow money in the future \u2013 and getting hit with a penalty fee (0) as a result. <\/p>\n\n\n

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.<\/p>\n\n

Choose from the following direct debit options for your monthly repayments:<\/h4>\n\n\n\n\n\n\n
Minimum amount <\/use><\/svg><\/td><\/tr>\n
Fixed amount
A set amount each month \u2013 e.g. \u00a350<\/span>\n<\/button><\/th>		<\/use><\/svg><\/td><\/tr>\n
Fixed percentage
Pay a fixed percentage of the balance<\/span>\n<\/button><\/th>		<\/use><\/svg><\/td><\/tr>\n
Full amount
Pay off the full outstanding balance every month<\/span>\n<\/button><\/th>		<\/use><\/svg><\/td><\/tr>\n<\/tbody>\n<\/table>\n\n

Bottom line<\/h3>

Is the 118 118 Credit Card any good?<\/h4>

118 118 Money scrapped this card\u2019s predecessor back in 2019, presumably because (and there\u2019s no nice way of putting this) it was awful. Thankfully, the card issuer\u2019s latest effort is much, much better. In fact it\u2019s a great card\u2026 just with a high interest rate. Pay off your balance in full each month and you\u2019ll enjoy all its good bits without it costing you a penny.<\/p>

How to apply<\/h3>\n\n\n\n\n

First, you can use Finder's eligibility checker<\/a> to find out if you'd be likely to get approved for the 118 118 Money Guaranteed Rate Card. This won't impact your credit score. If it's good news, you can then proceed to 118 118 Money's online application, which takes 10\u201315 minutes to complete.<\/p>\n\n \n

What do customers say about 118 118 Money?<\/h3>\n

70% of customers we surveyed<\/a> in 2026 would recommend 118 118 Money to a friend.<\/p>\n

It's an accessible option for individuals with poor credit, offering clear, transparent fees and an easy-to-use app. Users appreciate the generous credit limits and regular updates.<\/p>\n

However, the provider receives significant criticism regarding its customer service, with reports of unanswered calls and difficulties resolving payment issues. As a credit-builder card, the APR is notably high, and it is not considered competitive for general use.<\/p>\n

\n<\/path><\/path>\n<\/svg> AI-generated summary from the text of customer reviews on Finder.<\/em><\/small><\/p>\n \n