Credit Builder Card

A credit builder card is a credit card that could help boost your credit score

So, it could be easier and cheaper for you to get a loan, credit card, overdraft or mortgage in future. 

All credit cards could help with your score. So, what makes a credit builder card different?

5 ways a credit builder card is different from other cards:

1. It's easier to get if you've never borrowed before – you could be eligible for this card even if you've never had a credit card or loan before.
2. It's easier to get if you've got a low credit score – missed a payment in the past? You might still be able to get this card.
3. It usually has a low credit limit – this is often up to £1,500, which is less than standard credit cards. 
4. It charges more interest – so it could cost more than a standard credit card. (If you pay your card off in full each month and don't use it to take cash out, you won't be charged interest.)
5. With our credit builder card, you could pay 3% less interest after a year – just use the NatWest Credit Builder Card at least once, pay back at least the minimum, and don't go over your credit limit.

Want to improve your credit score?

Our credit builder card could help.

All our credit cards could improve your credit score.

But The NatWest Credit Builder Card could be for you if:

• You’ve never had a credit card.
• You've got a low credit score (maybe you've missed a payment).

Got a good credit score? Our other cards could be cheaper.

If you don't pay back everything you owe on this card each month, you'll pay interest. So, if you've got a good credit score, it's a good idea to look at our other cards.  

Explore our credit cards

Don't know what your credit score is? Check your score for free. 

It's easy to check your credit score on our app with our Know Your Credit Score feature. 

Get your free credit score 

(Credit score is from TransUnion.)

Want to refinance at 0% interest?

Our credit builder card doesn't come with a 0% interest offer. It's not a purchase and balance transfer card. So it's not the best card if you want to transfer a balance (move debt) and pay 0% interest.

Money worries? 

Get help if you're struggling financially.

Yes. Pay back all the balance (debt) you owe on your card each month – and you could get up to 56 days’ interest-free credit.

That’s not all.

You could protect your purchases

Buy something on your card that costs from £100 and £30,000. And if it’s faulty or doesn’t turn up, you could get your money back thanks to section 75 protection.

To make a section 75 claim, you’ll need to:

• Contact our disputes team.
• Have proof that something’s gone wrong.

Want to learn more about section 75 and credit cards?

Check out our credit card guide

To pay less interest next year, you must:

• Use the NatWest Credit Builder Card at least once – to give us confidence you'll pay us back. 
• Pay back at least the minimum each month – it's a good idea to set up a Direct Debit, so we take payments automatically and you don't forget.
• Not go over your credit limit – this is the maximum you can borrow at any one time. We'll tell you what this is before you get your card.

As a reward for doing all these... we'll lower the interest you pay on your credit builder card by 3% less interest after 12 months.

First, what's a credit score?

A credit score is a 3-digit number. It gives lenders an idea of how likely it is you'll pay them back.

Usually, the higher the score, the better your chances of getting a loan or credit card.

Your credit score is based on how you've handled debt in the past

This includes:

• If you've borrowed money and paid it back.
• If you've ever missed a payment.
  
• How maxed out your credit is. 

So, what's a good credit score?

There are three credit reference agencies:

• TransUnion 

• Experian

• Equifax

Each credit agency scores differently. The free credit score we offer is from TransUnion.

For TransUnion,  a credit score of 604 to 627 is good. 628 to 710 is excellent. 

Check your score for free 

It's easy to check your credit score on our app. We'll also give you tips to help you improve it.

Get your free credit score 

(Credit score is from TransUnion.)

Mitek - our trusted security partner - could ask you for:

• Proof of address – think a driving licence, UK utility bill (gas, electric, water, home phone), bank or building statement, or council tax bill.
• Photo ID – like a driving licence (UK/EU/EEA), UK passport, or a foreign passport and visa.
• A short video or selfie – to compare with your photo ID.

Want more info about this ID?

See more about the ID you'll need

Want to find out about Mitek?

Learn more about Mitek

Prefer not to share your biometric data?

Then feel free to call up our specialist team to apply – this may take longer.

Call: 3453 073 702
Relay UK: 18001 03453 073 702

Monday - Friday 8am - 8pm
Saturday 9am - 3pm
Closed on Sundays and public holidays

It could take you less than 10 minutes to apply for one of our cards   

You just need to answer some quick questions about your address history, income and employment info.               

We'll check your eligibility at the start of your application, for free –
This won't hurt your credit score

Before you apply, we'll check to see if you could get this card.

If we say ‘yes’, your card could wing its way to you in 5-7 working days    

That's just a quick overview.