You could improve your credit rating with icount

How can using icount improve my credit rating?

You now have the chance to take back control of your finances and establish your credit profile with a unique credit building facility. Creditbuilder is a unique tool available to Pay Monthly cardholders which could improve your credit rating (0%APR Representative).

  • Apply for Creditbuilder via the Members’ Area on the website.
  • You will be loaned a full year’s worth of monthly fees in advance. This loan is never available to spend and no actual money changes hands…think of it as “virtual”
  • As you pay your monthly fees off each month, you are effectively paying off the loan – showing a consistent payment history. We pass this information on to the credit reference agencies.
  • Ensure all your monthly payments are maintained by loading your card each month as this demonstrates your ability to manage credit responsibly.

As long as you continue to meet any other credit repayments you have, then you should expect to see an improvement in your credit rating and your ability to borrow money.
To start using  Creditbuilder now, log into the Members’ Area now, or if you’re new to icount, apply for an account now, it takes only a matter of minutes and you will receive your account info immediately*!

How can Creditbuilder help me?

  • Establishing a credit profile
    One aspect which lenders look at when creating a credit profile for you is your borrowing history and whether you have successfully repaid your loans. Lenders can discriminate against people who have just turned 18, those new to the UK and anybody else who has not had credit before.  Creditbuilder can help you form the foundations of a credit profile which demonstrates that you are a reliable and creditworthy borrower.
  • Improving your credit rating
    If you know you have a poor credit rating due to being refused credit in the past, then our credit building facility can help improve your chances of being accepted in future credit applications by adding loan repayments to your credit history. See below for more details on how this works.
  • Improving your credit history
    If you have missed repayments on any loans or credits cards, or even had CCJs on your record then lenders could see you as a bad credit risk. We can help you counter this by adding loan repayments to your profile which could have a positive effect on your credit rating.

 

 

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Complete the Application Form

Complete the Application Form

Complete the quick application form to get your icount prepaid Mastercard®. Once we verify your name and address the card is yours!

The process of applying for a high street bank account can often be lengthy and somewhat confusing, this guide will explain how to get a bank account, instantly.

Shop online or in store wherever you see the MasterCard Acceptance Mark for those everyday purchases.

If you’re unsure of the difference between prepaid cards vs credit cards and debit cards, read our guide to learn more about these financial products.

Finding the perfect bank account isn’t easy, our guide could help you decide what kind of bank account is right for you.

Add the award winning Creditbuilder facility to your Pay Monthly account - 0% APR Representative.

Hit Apply Now

Hit Apply Now

Hit the 'Apply Now' button to be taken to the application form.

Running short on funds? Apply for an iDraft of up to £250 to prevent bills mounting up

You can download your transactions and submit for your work expenses...and apply for a business account.

Students benefit considerably by utilising icount, paving the way for healthy money management.

Whether you’re going on a gap year, a work trip or the trip of a lifetime, a prepaid card is perfect for managing your money whilst abroad.

If you’re trying to improve your credit score, take a look at our guide to help you understand what a credit score is and how you could boost your score.

If you’re looking for mortgage arrears help, look no further. We've provided our expert advice on how to deal with mortgage arrears in this money guide.

Recently arrived to the UK and unable to open a bank account? Try icount as an alternative.

If you have an IVA or you’re considering applying for one, take a look at our guide to see how it will impact your credit file and financial health.

Get Your Card

Get Your Card

Start enjoying your new card within 3-5 working days.

icount is a great alternative to a mainstream bank account and you are guaranteed to be accepted.*

Get cashback & exclusive rewards when you shop online with icount.

Struggling to open a bank account due to debt problems? We can help.

Pay for your essential and everyday bills with icount whether online, in store or over the phone.

Whether for personal budgeting or household money sharing. Keep on track with icount.

If you’re looking to get your finances back on track and cut costs, this guide will show you how to save money with the help of an icount current account with prepaid card!

If you’ve been refused a bank account, not to worry! Read our latest money guide to find out why a prepaid card is the best alternative to a bank account.

Is it time for you to open a new bank account? Our guide explains how to take your time to find the best option for you.

The first step to managing your money effectively in retirement is to work out exactly how much income you’ll be receiving each month from your pension. Read on to find out how to calculate what your income will be.

Safeguarding you against the unexpected, all accounts come with FREE purchase protection.

Make the most of your family finances by using prepaid cards for children. Learn how to teach kids how to budget with the help of a prepaid card.

If you’re looking to apply for Universal Credit or just want to learn more about it, take a look at our guide to Universal Credit, explained simply and easily.

If you’re thinking about switching bank accounts, read all about the icount current account with prepaid card and how easy it is to switch your current account.

 


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Improve credit rating

Updated on 2015-08-04T19:18:12+00:00, by Paul Gailey.