Charity Credit Cards
Charity credit cards are an excellent way of donating money to your favourite charity by simply using your card normally. Most offer the same features as standard credit cars in terms of competitive interest rates, and balance transfer and purchases offers. What makes them different is that every time the card is used, an additional donation is made to the charity of the cardholder’s choice – at no extra cost. Generally, users make a small donation to their chosen charity when opening the card.
Charity Cards |
0% Purchases | 0% Balance Transfers | APR Typical (Variable) | Charity Affiliation | ||
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 WWF Credit Card |
3 months | 12 months | 15.9% | The WWF Credit Card is environmentally sound, free from PVC to help stop the degradation of the environment. WWF receive a contribution from the card issuer, MBNA Europe Bank Limited, for every account opened, and further contributions for every card purchase made. Contributions are made by MBNA Europe Bank Limited and will not cost the cardholder a penny extra. |
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Breakthrough Breast Cancer Credit Card |
3 months | 12 months | 15.9% | You can help Breakthrough Breast Cancer find a cure When you first use your card, MBNA will pay a contribution of £5 to Breakthrough Breast Cancer. Plus, MBNA will pay a further: ' £2 for every year you contiune to use your card.' Contributions every time you make a purchase with your card (0.25% of the value of the purchase) As these payments are made by MBNA Europe Bank Limited, the issuer of our Credit Card, there is no extra cost to you! There are currently more than 50,000 Breakthrough Credit Cards in circulation and MBNA's contribution to Breakthrough has now hit the magic £1 million mark! |
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RSPCA Visa Card |
3 months | 12 months | 15.9% | For each account opened, MBNA will make a donation of £20 to the RSPCA. Additionally, the RSPCA will receive 25p for every £100 spent on an RSPCA Card. |
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The National Trust MasterCard |
3 months | 12 months | 15.9% | This is a Charity Affiliation account with the National Trust. For every new account opened using the attached application form, The National Trust will receive a contribution from MBNA on the cardholders behalf when the account is first used of £15 and £2 for each subsequent year the card remains active. |
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Dog's Trust Credit Card |
3 months | 12 months | 15.9% | For each account opened Dog's Trust will receive £4 when the card is used within 90 days of account opening. For every £100 spent, 25p will go to Dog's Trust For every year the card is continually used, £2 will go to the trust |
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British Heart Foundation MasterCard |
3 months | 12 months | 15.9% | This is a Charity Affiliation account with the British Heart Foundation. For every new account opened using the attached application form, the British Heart Foundation (BHF) will receive a contribution from MBNA on the cardholders behalf when the account is first used. Plus, MBNA will contribute a further 35p for every £100 the cardholder spends on card purchases. |
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| A guide to Charity Credit Cards |
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Choose one of the numerous charity credit cards on the market and you’ll be donating to a good cause as you spend.
The ways to make your charity credit card really work is to shop around for the best rate and providers’ donations.”
Keeping up the good work
The perceived wisdom about charity credit cards is that even though the intentions of the product are good, the annual percentage rates are not always favourable and nor is the proportion of donation.
Nevertheless, using a charity card can be a consistent way to give money to your favourite cause, especially if you are always meaning to make a one-off donation but never get around to it.
Every little helps
Typically, the card provider will pay the charity a sum of money, anything from £5-£20 when you open the card and then an additional percentage of your spending. This ranges from around 0.25% or 0.4% of each purchase made or it can be a set figure such as 30p for each £100 you spend.
Some cards also pay the charity an additional £2 each year you continue to carry the card. So if you spend £400 a month and your provider paid 0.4% on this sum of money, your charity would receive £19.20 a year plus a possible £2 extra if you continue to use the card.
Look at donating in a different way
There are other ways to use different types of credit cards and still donate to charity. For instance if you use a cashback card that gives a good rate on your spending, when you receive it simply donate some, or all of it to your favourite charity. If you do it through Gift Aid your money will go even further, as Gift Aid treats donations as if the donor had already deducted basic rate tax from them. The charity can reclaim this tax to increase the value of a donation.
Ethical Credit
The way to make your charity credit card really work is to shop around for the best rate and most generous donation. You can then combine this with using another card such as a cashback card and make your own further contribution from the cash you receive and make real a difference.
Charity cards exist so why not use them. Continuous spending and small regular donations are better than no support at all.
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