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Welcome to our money guidance pages. Here you’ll find lots of useful financial information for whichever stage of life you’re at; including handy links, financial tools, and a blog full of money saving tips.

From loans to credit cards, we’ve got your money! When you apply for a loan or credit card with us, we’ll let you know what we can offer, specific to your current financial situation.

Before you choose which type of credit you should take, there are a few things you should consider:

  • How much do you need to borrow?
  • What monthly repayments can you afford?
  • How long do you want to make the repayments for?

There are a several different types of loans and credit cards available from lenders, so it is worth taking the time to understand how each one works. This will ensure that you make the right choice for your needs. At 118 118 Money, we offer credit cards and unsecured loans—meaning you don’t have to put up your house or car as security for the loan.

What is a Personal Loan?

A personal loan is a fixed form of borrowing. Upon approval you will receive a lump sum upfront and then are required to make set repayments (principal and interest) over a specified period. Remember: the longer the duration of the loan the higher your interest payments will be. 118 118 Money loans can be paid back over 12, 18 or 24 months.

Personal loans normally allow you to borrow more money upfront and are best for long term financing. Always make sure that you are aware of the monthly repayment, so you can budget it into your outgoings.

What is a Credit Card?

A credit card is a revolving line of credit. Upon approval you can borrow money up to a predetermined amount, this is also known as your credit limit. Most credit cards require a minimum repayment of 1% of the balance each month, plus any additional fees or interest that you may have accumulated. The 118 118 Money Card is unique in this sense, as you will only ever be charged a fixed monthly fee for access to your credit line and your monthly minimum balance repayment. You will never be charged interest or any other fees.


There are several independent money guidance companies and charities that can help you make an informed decision on choosing the right financial product for you. Whether you need help with debt, managing your finances, creating a budget or advice on planning for the future, there is plenty of information and support on how to take those next steps.


We offer unsecured personal loans between £1,000 and £5,000 that can be borrowed over 12, 18 or 24 months. Have a look at our loan calculator to see how much you can borrow, over how many months and what the APR will be. Our rates range from 35.9% APR – 99.9% APR fixed, representative 99.9% APR.

Talk to our team to discuss your loan application with us or try our loan calculator to give you an idea of how much repayments will be (depending on the amount borrowed, APR and term).

Representative example: Amount of credit £1,800 for 24 months. Interest rate: 71.3% pa (fixed). 24 scheduled monthly payments of £142.65. Total amount payable: £3,423.67. Representative 99.9% APR.

Rates from 35.9% APR – 99.9% APR fixed.


The new 118 118 Money Card is the first ever subscription-based credit card. This means you’ll only ever be charged one monthly subscription fee and your minimum monthly balance payment —with zero interest charges and zero other fees! That’s no late payment fees, no cash withdrawal fees, no foreign transaction fees. Just about any fee the other guys charge, we don’t.

Available credit limits start from £250 for just £8 per month. Try our Quick Check now to check your eligibility. (This will not affect your credit rating)

Representative example: Assuming a credit limit of £1,200 and an interest rate on purchases of 0% p.a. and a subscription fee of £17 per month, you will receive a 34.5% APR representative variable.

For more information on the 118 118 Money Card please click here


Every lender that offers loans or credit cards—including 118 118 Money—must be authorised and regulated by the Financial Conduct Authority (FCA). Our Firm Reference Number is 741774 and can be checked on the Financial Services Register here. One of the FCA’s aims is to protect people who need to borrow credit from unscrupulous lenders. Always check that your lender is authorised by the FCA.

The FCA has created a strict set of rules all lenders must adhere to. This is to ensure borrowers are not mis-sold financial products. In fact, the FCA sometimes undertakes mystery shopping to understand how companies are selling to their customers.

We have always worked hard to ensure all our customers get the information they need about our products and services. Our team is available 24/7 to discuss applications or answer queries about what we offer.

We aim to give you all the information you need about 118 118 Money to help you make the right decision about your finances.