creditbuilder with STERLING CARD

No hidden charges or penalty fees

creditbuilder

Already got a Sterling Card? Get Credit Builder!

Refused Credit? Improve your credit score with a Sterling Card!

By using our new creditbuilder option on your Sterling Card, you could help rebuild and improve your credit rating just by using your Sterling Card and continuing to pay your normal monthly fee.

People suffer from a bad credit rating for all sorts of reasons, from being a new immigrant to the UK, being unable to pay household bills to defaulting on a mortgage. When you use credit builder successfully, it can improve your credit rating and improve your chances of being accepted for credit or a loan in the future.

creditbuilder is not only simple, it comes at no extra charge
No credit checks necessary
No bank account needed
No additional charges
No interest to pay

As soon as you are a fully verified Sterling Card customer*, you are eligible to join creditbuilder.

How it Works

Available when you have a sterling Card
Complete the application and send it to us with a copy of your identification(See application form) and get creditbuilder added to your Sterling Card account for one year
Advanced Payment Solutions Limited will then loan you £71.40 to pay for one year's use of your Sterling Card - the loan is only available for this purpose
No Interest charges
No administration fees
No extra charges
To improve your rating, you must make sure you have at least £5.95 in your Sterling Card account each and every month for the duration of your loan.
The usual monthly fee of £5.95 is taken from your account and you can use and top up your card as normal
After 12 monthly payments, your loan will have been paid
Details of your loan repayment history are then sent to the credit bureau.
As long as you carry out the steps we’ve outlined to you, and manage any other credit or loan accounts responsibly, you should see your credit rating improve.

For whatever reason you'd like to improve your credit rating, our creditbuilder can help.

*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 Sterling 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”) which is a registered agent of AFL for this purpose. Registered in England no. 04947027. AFL & APS registered address is 6th Floor, One London Wall, London, EC2Y 5EB. MasterCard is a registered trademark of MasterCard International Incorporated. The Post Office® and Post Office symbol are registered trademarks of Post Office Ltd.

The creditbuilder loan is provided by APS subject to the creditbuilder Terms and Conditions. creditbuilder is a registered trademark of APS.