If you need to build your credit rating, a credit card is a powerful weapon. The best options will boost your rating while exposing you to the minimum risk in terms of credit limits. However, the flip side is these cards attract a higher representative APR.
- Aqua Classic with 0% Purchase Offer tops the list for best credit building cards on money.co.uk. With a minimum credit limit of £250 and a maximum of £1,200, but this can be increased after four monthly statements. After a six-month 0% purchase offer, it’s a hefty 34.9% APR, so it pays to settle your balance each month.
- Barclaycard Forward Credit Card has the same maximum credit limit but a minimum of just £150. This card is not available to existing Barclaycard holders.
- Aqua Advance Card £250 to £1,200 credit limit and offers no fees on purchases abroad, so ideal for your holidays.
|Other types of credit card|
|Balance Transfer Credit Cards|
Purchase Credit Cards
Cash Back Credit Cards
Rewards Credit Cards
Credit Building Cards
Airmiles Credit Cards
Money Transfer Credit Cards
Travel Credit Cards
Bad Credit Credit Cards
Business Credit Cards
Simon Young was a journalist for 20 years, becoming a news editor on national newspapers including the Sunday Express. He went on to lead the teams at one of the world’s largest online companies before setting up Magic Word Media.