1.Tesco Bank Foundation Credit Card
Tesco Bank
- 5%Points for every £4 spent at Tesco
- 1%Points for every £8 spent everywhere else
N/A
Collect 5 points for every £4 spent at Tesco and 1 point for every £8 spent everywhere else.
29.9% Variable APR
The Tesco Bank Foundation Credit Card stands out as the top choice for those looking to build or improve their credit score. With no annual fee and the ability to earn Clubcard points on everyday spending, it provides a solid foundation for credit building.
Pros:
- No annual fee
- Helps build credit score
Cons:
- Higher APR
- Limited rewards outside Tesco
2.Barclaycard Forward Credit Card
Barclaycard
- No rewards breakdown available
Get 12 months Apple TV subscription on us.
N/A
33.9% Variable APR
What sets the Barclaycard Forward apart is its focus on credit building while offering a unique welcome bonus of 12 months Apple TV+. This card is tailored for those looking to improve their credit score with added entertainment perks.
Pros:
- No annual fee
- 12 months of Apple TV+ subscription
Cons:
- High APR
- Limited rewards structure
3.Vanquis Credit Card
Vanquis
- No rewards breakdown available
N/A
N/A
30.9%-35.9% Variable APR
The Vanquis Credit Card shines for its flexibility in credit limits and the absence of an annual fee. While it primarily serves as a credit-building tool, it offers unique rewards through its loyalty program.
Pros:
- No annual fee
- Flexible credit limits
Cons:
- Higher APR
- Limited rewards
4.Lloyds Ultra Credit Card
Lloyds Bank
- 1%Cashback on all purchases in the first year
- 0.25%Cashback on all purchases after the first year
Earn unlimited 1% cashback on all purchases for the first 12 months.
1% cashback on all purchases for the first year, then 0.25%.
12.9% Variable APR
The standout feature of the Lloyds Ultra Credit Card is its unlimited 1% cashback on all purchases during the first year. This makes it an attractive option for those looking to maximize rewards on everyday spending.
Pros:
- Unlimited cashback in the first year
- No foreign exchange fees
Cons:
- Lower cashback rate after the first year
- No monthly account fees
5.Asda Money Select Credit Card
Asda Money
- 0.75%Cashback on purchases at Asda
- 0.2%Cashback on purchases everywhere else
Receive a £20 or £30 welcome bonus added to your Asda Rewards Cashpot.
Get 0.75% back when you spend at Asda and 0.2% back everywhere else.
39.8% Variable APR
The Asda Money Select Credit Card is particularly appealing for those who frequently shop at Asda, offering cashback on purchases and a welcome bonus that enhances its value as a credit-building tool.
Pros:
- No annual fee
- Cashback on Asda purchases
Cons:
- High APR
- Limited rewards outside Asda
Did you know?
Paying your statement in full avoids most APR charges. Rewards only beat interest costs when you never carry a balance.
Final Words
As you navigate the world of credit cards without a credit history, remember that choosing the right card can set the foundation for your financial future. Take time to compare your options, considering factors like interest rates and credit limits, to make informed decisions that best suit your needs.
Frequently Asked Questions
The Tesco Bank Foundation Credit Card has no annual fee and offers a starting credit limit between £200 - £1,500. You can collect 5 points for every £4 spent at Tesco and 1 point for every £8 spent everywhere else.
The Barclaycard Forward Credit Card does not offer a traditional rewards program. However, it provides a welcome bonus of a 12 months Apple TV subscription on us, which can be a great entertainment perk.
The Vanquis Credit Card has no annual fee, making it a cost-effective option for those looking to build their credit history. However, it does come with a variable APR ranging from 30.9% to 35.9%.
To improve your chances, ensure you have a stable income and a good credit score, even if limited. Using a credit card responsibly by making timely payments can help build your credit history over time.
Most starter credit cards like Tesco Bank Foundation, Barclaycard Forward, and Vanquis have no annual fees, making them accessible. However, be mindful of potential late payment fees and high-interest rates.
When choosing a starter credit card, consider factors such as the APR, any potential rewards, and whether there's a welcome bonus. Additionally, evaluate your spending habits to find a card that maximizes your benefits.
Yes, there are several options available for individuals with no credit history in the UK, including the Tesco Bank Foundation Credit Card and the Vanquis Credit Card. These cards are designed to help you build your credit history over time.
