We could have a solution to your credit problems
Improve your credit rating†
If you’ve been refused a credit card or loan, have CCJs, you’re new to the UK or you’ve missed payments on bills, you could have a bad credit rating. Creditbuilder™ is designed to help repair or build your credit history, and increase your chances of being accepted for credit products in the future.
You don’t need a bank account. You don’t need to pass a credit check. There are no additional charges or interest payments. Just get your Cashplus card, make sure your details are fully verified and then add Creditbuilder to your account.
Creditbuilder is an add on feature that’s designed to help you improve your credit rating. Exclusive to Cashplus, it really works – see our press release.
Here's how it works:
You need to be a Cashplus prepaid Gold MasterCard® customer to get Creditbuilder. Once your details are fully verified, you can apply for Creditbuilder in the Members’ Area by clicking on the Creditbuilder button.
Advanced Payment Solutions Limited lends you £119.40 to pay for one year's use of your Cashplus card - the money is only available for this purpose. You pay no interest, no admin fees and no extra charges! During the year, you can continue to use your Cashplus card as normal. Just make sure that there is enough money in your account for the £9.95 loan repayment fee every month.
If all payments have been made on time, we report that you have successfully made 12 loan repayments to two Credit Reference Agencies, though we will also report any missing or late payments. The more successful loan repayments you’ve made, the better your credit rating should be.
*Subject to our Terms and Conditions including the applicant providing acceptable identification, being resident in the UK, aged 18 years or older if primary cardholder, or 13 years or older if additional cardholder. The Cashplus prepaid MasterCard is issued by APS Financial Ltd ("AFL") pursuant to license by MasterCard International Incorporated. AFL is authorised and regulated by the Financial Services Authority. (www.fsa.gov.uk/register/) Registered in England no. 06029941. Your card will be serviced by Advanced Payment Solutions Ltd ("APS"). APS operates the card on behalf of AFL. Registered in England no. 04947027. AFL & APS registered address is 6th Floor, One London Wall, London, EC2Y 5EB. Cashplus is a registered trademark of APS. MasterCard is a registered trademark of MasterCard International Incorporated. The Post Office® and Post Office symbol are registered trademarks of Post Office Ltd.
†Creditbuilder is provided by APS. APS's Consumer Credit Licence 0608377.