In today’s fast-paced financial landscape, finding a card that offers flexibility without compromising on control can feel like a challenge. Many people need reliable ways to manage their money—without credit checks or complicated applications.
That’s where the Card One Money Credit Card comes in. Designed with accessibility at its core, this prepaid Mastercard blends simplicity, functionality, and security for those who want full control over their finances, minus the hassle.
Key information about the credit card
How does the annual fee work?
While some people look for cards with zero annual fees, the Card One Money model offers a straightforward monthly fee of £12.50. Although this means the card isn’t free, the transparency around pricing can actually be a huge plus—especially when compared to hidden fees in traditional banking. There’s no need to worry about unexpected costs or charges buried in fine print.
How is the credit limit determined?
Because this is a prepaid card, there is no assigned credit limit. You simply top up your account with your own funds, and your available balance is entirely based on how much money you load. This gives you total control over your spending, and there’s no risk of going into debt or dealing with interest charges. For many users—especially those with limited credit history or who prefer not to use credit—this system is ideal.
Advantages of the credit card
- No credit checks: The card is accessible to nearly everyone. You don’t need to pass a credit check, making it a great option if your score isn’t ideal or you simply want a clean slate.
- Full current account features: You’ll get a full UK sort code and account number, enabling you to receive salaries, benefits, and make direct debits just like with a traditional bank.
- Cashback rewards: Earn up to 3.5% cashback at popular UK retailers when you spend using your Card One Money Mastercard.
- 24/7 access and security: Manage your account anytime, anywhere through the mobile app or website. Two-Factor Authentication keeps everything secure, and you can block the card instantly if it’s lost or stolen.
- Second card available: You can order a second card linked to your account, with a set monthly allowance—perfect for a partner or teen (aged 13+), giving you flexibility within your household.
Standout advantage
One of the standout advantages of the Card One Money Credit Card is its full banking functionality without a credit check. Unlike many prepaid cards, this one offers you the tools and structure of a traditional current account, including bill payments and salary deposits. Yet it bypasses the usual credit barriers, giving access to financial control for people often left behind by the big banks. It’s inclusive, simple, and effective.
Disadvantages
- Monthly fee: The £12.50 monthly charge may be seen as a downside for users looking for free banking options.
- No overdraft or credit facility: As a prepaid card, you cannot borrow or spend beyond what’s loaded onto the account.
- Not covered by FSCS: Unlike many UK bank accounts, the Card One Money account is not covered by the Financial Services Compensation Scheme (FSCS).
- ATM fees: UK ATM withdrawals cost £1.50 per transaction, which can add up with frequent use.
A standout disadvantage
The most notable downside of the Card One Money account is the lack of FSCS protection. This means that in the unlikely event the company goes out of business, your funds might not be insured or refunded. It’s an important point to consider, especially for users who plan to deposit significant amounts of money into the account or use it as their main financial hub.
Who can apply for this card?
To apply for the Card One Money Credit Card, you must be at least 18 years old and provide valid identification and proof of UK residency. There is no requirement for a minimum income, and your credit history doesn’t influence your eligibility, making it an excellent solution for those with poor or no credit.
Since it’s a prepaid account, even individuals with past financial difficulties can apply and get approved easily. However, the cardholder must have a verifiable UK address, and the process may include basic identity checks to comply with regulations. No income documentation is necessary, and even people with County Court Judgments (CCJs) or defaults are welcome.
How to apply for the Card One Money Credit Card
For the website
Applying through the Card One Money website is simple, fast, and designed for ease of use. Just head to their official site and click on “Open an account.” You’ll be guided through a secure online form where you’ll provide your personal details, including your name, date of birth, current address, and a form of identification. You don’t need to submit income details or worry about credit checks, which significantly speeds up the process.
The application is typically completed in just a few minutes, and in many cases, you’ll receive your sort code and account number immediately. Once your details are verified, your card is dispatched and generally arrives within 1–2 business days. This method is ideal for users who prefer handling everything from the comfort of home, and there’s also a live chat or support section available in case you run into any problems during the application.
Through the app
You can also apply for the Card One Money account via their mobile app, which is available on both the App Store and Google Play. Once downloaded, simply select the option to open a new account. The mobile process mirrors the website, asking for your basic personal and address information, ID documentation, and a selfie for identity verification.
The app guides you step-by-step, offering support messages and prompts throughout. After completing your application, you’ll get your new account details directly in the app, and your physical card will be shipped to you within a couple of business days. The app also gives you instant access to manage your account as soon as it’s live—so you can load funds, set up direct debits, or order a second card right away. If you’re always on the go and prefer doing everything from your smartphone, this is a perfect route.
At the branch
Card One Money is a digital-first platform and doesn’t operate physical bank branches. Therefore, in-person applications are not available. However, this shouldn’t be a problem, since the website and app offer full application capabilities along with excellent customer support.
If you need help, the UK-based support team is available to assist by phone or email. While the absence of physical branches might be inconvenient for some, it’s part of what allows Card One Money to keep the account simple, accessible, and quick to set up. Their commitment to efficiency and digital tools ensures that most users can complete their application without ever needing to leave home.
