The Credit Card that will cost you at least £8 per month, 118118money.com

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A brand new Credit Card has landed in the UK and it boasts 0% interest and zero other fees as followed

The Sting in the tale is a monthly charge of at least £8 per month (but there is no interest)

credit card from 118118money
credit card from 118118money

Credit limits on the new 118118 Credit Card start from £250, despite this, even if you repay in full each month you will be charged £8 per month for holding the credit card.

For those looking to rebuild their credit and those that are willing to repay their owed balance in full each month really should consider  applying with Capital One, Vanquis or Aqua (where monthly charges don't apply).

It will be a Credit Card to watch that's for sure, although personally monthly fee's don't really appeal to me! The Current Charges were £8 for a credit limit of £250, £14 per month for a Credit limit of £500 and a whooping £17 per month for a credit limit of £1200.

If you hold a balance on your credit cards each month this card could be for you, however, if you like to clear the balance each month you will pay a monthly fee depending on your credit limit.

 

0% Late Payment Fee
0% Balance Transfer Fee
0% Cash Withdrawal Fee
0% Money Transfer Fee
0% Overlimit Fee
0% Emergency Card Replacement Fee
0% Non sterling Cash Transaction Fee
0% Non-sterling Transaction Fee
0% Purchase Fee
0% Returned Payment Fee
0% Statement Reprint Fee
0% Tracing Fee

£17.00

If you want to give it a try click here

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