5 Credit Cards in the UK That May Improve a Bad Credit Score

Do you have bad credit? If so, you may have noticed how hard it can be to apply for a new credit card, get a car loan, or lease an apartment or a house, and you may be missing out on all of the benefits and financial perks that people with good credit have. But do not despair! There are credit cards in the UK designed specifically for people with negative financial history. Some credit cards can even help you improve your bad credit score. Inform yourself on the best credit cards for your situation and take the important first step toward a better credit score.

1. Barclaycard Forward Credit Card

Are you searching for your first credit card? Or, do you have credit history that might not be the best? Barclaycard Forward can be an excellent solution for you to build your credit score. You will benefit from 0% interest on purchases for three months from the date you open your account. [1] And, if you can manage to pay attention to your account and make your payments on time, this this card will be worth it. The bank promises rewards after a few years of holding the card with a – 3% reduction in your interest rates. Some of the possible rewards include a personalized credit limit between £50 and £1,200.

2. Ocean Finance Credit Card

The Ocean Finance Credit Card is perfect for anyone whose ultimate goal is to improve their credit card score. With this card, you may be eligible for a credit limit of up to £1,500. It is especially useful for paying up to £30 worth of items quickly and securely. You can apply for this card if you meet the following eligibility criteria: You are over 18, on the electoral roll and have some history of managing credit. This credit card also offer several appealing extra benefits. For one, you can manage your account online, which is crucially important if you don’t want to visit the bank in person. You will pay one simple interest rate for all transactions. You can attach three additional cardholders to your account. [2]

3. Marbles Credit Card

The Marbles Credit card is “the smart credit card that can help you stay in control.” If you have a lot of difficulty keeping your spending under control, this card might be the right solution for you. With this credit card, you can sign up for spending alerts that will warn you if you are nearing your credit limit, or if you might be about to go over your expenses. You will also be able to determine a credit limit that ranges from £250 up to £1,200. What about your costs? If you use £1,200 at once you buy something at a purchase interest rate of 29.75% (variable) your representative APR will be 29.7% APR (variable). The bank reviews the credit limit after 3 months and if everything is fine, you can get an increase on your 4th statement. You can track your transactions online and choose the payment date you want. You can check quickly if you are eligible and have an instant response before you apply. [3]

4. Aqua Classic Credit Card

Aqua Classic Credit Card provides a simple way to manage your money without running the risk of carrying cash with you. If you get a credit limit of £250-£1,200 you will have chance to increase the limit as of your 4th monthly statement. For a £1,200 credit limit, your assumed interests for purchases will be 29.75% p.a (variable) and 29.7% APR (variable). If you apply for an Aqua card, you will have free unlimited access to your credit report and they will send you text reminders to help you not miss a payment. The bank makes promotional offers from time to time when you purchase something, cash transactions, balance transfers, money transfers, the so-called Buy Now Pay Later transactions, and Instalment Plans. They offer a 48 days interest-free period on standard purchases. [4]

5. Vanquis Classic Credit Card

This bank offers you a possibility to check immediately your eligibility to their credit card. You can find out only in a few minutes if you can apply for this card, with absolutely no risks. The minimum credit limit is £150 while you can exceed £1000 per month. Their representative APR (variable) is 39,9% if you borrow £1000. You can increase your credit limit after 5th statement and also there are further there are other increases available after each 5 month. You can borrow up to £4000. [5]