Compare Charity Credit Cards
Donate to your favourite charity on every purchase with a Charity Credit Card.
What is a Charity Credit Card?
Charity credit cards allow you to donate money to your favourite charity. Every time you use the card a percentage of the amount you spend is sent to the charity. As the donation is automatic it has never been easier to support a good cause. It will also not cost you extra to donate as it is given to the card issuer everything you spend on the card.
The more you spend the bigger the donation. Some cards also make a one-off donation to the charity when you apply for the card.
There are a wide range of charities that you can support with a charity credit card.
What are the drawbacks?
The interest rates on these cards can be considerably higher than other types of cards. To avoid having to deal with debts and damaging your credit rating you should only consider a charity credit card if you are sure that you can pay off your balance in full each month. If you borrow money on the card, the interest charges will outweigh the charitable donations.
Some would argue that the donations made through these cards are too small and in some cases the charity may be unable to claim any tax back through Gift Aid.
Finding the right card
The right card depends on your finances and what charity you want to support. Make sure you take the time to research the market to find the right card for you. Remember charity credit cards are still credit cards and so there are risks involved. You need to be responsible and make your credit card repayments on time.
Use the table above to compare different charity credit cards.
How to choose the best charity credit card
Getting a charity credit card is a fantastic way to show your dedication to a good cause and a cause close to your heart when you spend. Charity credit cards, work in the same way as all other credit cards. You will be assigned a credit limit and an interest rate which you must ensure you compare before you commit to taking out a charity credit card. Always read the terms and conditions so you can be sure you know what you are signing up for. If you are in any doubt then you should seek independent financial advice.
24 April 2013
There are various types of credit cards to choose from but which is the right one for you?
03 August 2011
Which Way to Pay
It may sound like a trick, but with charity credit cards, you can actually donate to charity without spending a penny. Similar to a rewards credit card, with each transaction you make with the charity credit card, the bank or building society that issues your card will make the donations for you.
23 September 2009
Mark Maffia (Which Way To Pay)
Despite the recent recession, UK households are still keen givers. Charities are all-important to many Brits but sometimes itís hard to know where to start.