We've launched a brand new mobile app! Download it now. App Store Google Play

118118Money.com

Credit Card Cash Withdrawal with No Fees

118118Money.com
  • Perfect for credit building
  • Guaranteed credit limit
  • Check your eligibility with no impact to your credit score
Check my eligibility This won't affect your credit score

Representative example: Amount of credit £1,200. Interest rate: 34.0% pa (variable) Representative 34.0% APR (variable)

Credit card cash withdrawals made simple

Being able to withdraw money with a credit card can help you cover emergency situations and unexpected expenses. But it may come at a cost. Often, the interest rates are higher for using an ATM than they are for making purchases.

Taking cash out on a credit card can sometimes be unavoidable, and these sky-high fees are the last thing you need hanging over you when you’re in that position. We believe there should be a better way of doing things, which is why we created the 118 118 Money Simple Interest Rate Credit Card.

With a credit limit of up to £2,000 and a single, simple interest rate that includes no fees for using an ATM*, it’s the credit card that means you can deal with whatever life has in store.

*We don’t charge any fees. However, third-party vendors may have their own charges for using their ATM.

Apply for a credit card from 118 118 Money with confidence
Use our Eligibility check to find out what credit limit we'll offer you before you apply, without affecting your credit rating!
Check my eligibility This won't affect your credit score
118118Money.com
Why choose the 118 118 Money Simple Interest Rate Credit Card?

There are no fees with the 118 118 Money Simple Interest Rate Card, this includes withdrawing cash from your credit card without charges, but remember that some third-party ATM providers may charge a usage fee.

Credit limit of up to £2,000.

Up to 51 days interest-free when you repay your balance in full each month.

Repay in full or via instalments. There will always be a minimum repayment to make and we always recommended that you repay more than this, if possible.

Check your eligibility without affecting your credit score.

118118Money.com

Guaranteed Rate, Credit Limit and Zero Fees*

  • Credit card for poor credit rating
  • No fees
  • Check your eligibility with no impact to your credit score
Check my eligibility *We do not charge any fees. However, third party vendors may have their own charges. An example of this is an ATM where a usage fee could apply.

Who is the 118 118 Money Simple Interest Rate Credit Card for?

Your credit card can be a helpful tool that you should have the freedom to use as you choose, not one that should be used in a certain way to avoid nasty costs.

Do you need to make a credit card cash withdrawal because payday won’t come soon enough? No matter the need and however unexpected, the 118 118 Money Simple Interest Rate Credit Card won’t punish you for a trip to the ATM.

Who is it not for?

Taking cash out with a credit card is often seen as a last resort and can be an expensive way to borrow. While there are no cash withdrawal fees or advance rates with the 118 118 Money Simple Interest Rate Credit Card, it might not be the most affordable option for you.

What can I use the 118 118 Money Simple Interest Rate Credit Card for?

We know that some things can only be paid for in cash, so it’s these things that can easily throw you off track. But our credit card can set you straight by allowing you to get cash from an ATM without facing any penalties.

There’s nothing stopping you from using your card for purchases either, whether that’s in-store or online, at home or overseas. You can use it as a virtual card, too, with Samsung, Google and Apple Pay support soon to come.

Whatever the need, the 118 118 Money Simple Interest Rate Credit Card is here – no surprises and no penalties.

How much will it cost to use cash from my credit card?

If you’ve drawn cash out on your credit card, that amount is what you owe for up to 51 days. You can expect your minimum monthly repayment to be the greater of:

    • 5% of the balance shown on your statement, as well as any interest charges, any arrears amount and/or any amount over the limit
    • or £10 (or the full balance shown on your statement if less than £10).

How much can I borrow with a 118 118 Money Simple interest Rate Credit Card?

You may be able to borrow up to £2,000. The actual amount will depend on your personal situation.

Am I eligible for a 118 118 Money Simple Interest Rate Credit Card?

Before you apply, you can find out your chances of being approved thanks to our eligibility checker. It’s free to use, takes just a few minutes and won’t have any effect on your credit score.

First, though, you must:

  • Be a UK resident
  • Be aged between 18 and 70
  • Earn at least £8,400 a year
  • Not be in arrears with another lender
  • Have had no default payments in the past six months

If completing a full application, we’ll also need you to provide us with your:

  • Name
  • Email address
  • Date of birth
  • Current employment and residential status
  • Net monthly income
  • Outgoings
  • Home address

Credit card cash withdrawal made simple when you apply with 118 118 Money

Want to withdraw money on your credit card without being charged?* Before you apply with us, check your eligibility to see if you’ll be approved and find out the credit limit we can offer.

*We don’t charge any fees. However, third-party vendors may have their own charges for using their ATM.

Apply for a no cash withdrawal fee credit card with 118 118 Money

Want to apply for a credit card for bad credit with 118 118 Money?
You can try our eligibility check first to see if you’ll be accepted before you apply – and it won’t affect your credit rating.

Read what our customers think about us

Credit card cash withdrawal charges FAQs

With the 118 118 Money Simple Interest Rate Credit Card, you can take cash out on your credit card without it costing you anything extra. And, as long as you repay the balance in full, you’ll benefit from up to 51 days interest-free on all withdrawals and purchases. You should note however, that some third-party providers may charge you a small fee for using their ATMs.

The process of making a credit card cash withdrawal is exactly the same as with any other type of card. You simply put your card into the machine, enter your PIN and select the amount you wish to take out within your credit limit.

This will depend on a number of factors. For example, you will not be able to withdraw more than your credit limit. If you’ve already spent some of that available credit, you will only be able to take out an amount up to the remainder. Meanwhile, different ATMs may have different rules on how much cash you can take out in one go

Yes. Our no foreign transaction fee credit card allows you to withdraw money and make purchases without any extra charges. Any transaction in a foreign currency will be converted into sterling at the Payment Scheme Exchange Rate applied by Mastercard.

118118Money.com

Want to apply for a credit card with 118 118 Money?

See if you’ll be accepted before you apply and find out what credit limit we will offer you without affecting your credit rating!

118118Money.com