2.04K reviews
Content rating
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About this app

We help you make changes that pay off, so you can achieve your life goals faster.

We’re already compatible with most major UK Banks and lenders.

These major publishers have recommended us: Forbes, The Times, Daily Mirror, Yahoo Finance! and The Guardian.

Updraft was selected as one of 15 finalists backed by the OpenUp 2020 campaign run by Open Banking Ltd and Nesta to recognise the most innovative fintechs building open banking led solutions.

Here’s a few of our most important features:

Updraft Credit

Too many people pay an unnecessarily high interest rate on their overdrafts, credit cards, and personal loans. That's why we created Updraft Credit. We want to give the power back to you by lowering the cost of these borrowings at a lower interest rate, whenever it is most advantageous.

Check eligibility for Updraft Credit, use it to pay off borrowings such as credit cards, loans and overdrafts.

Check your eligibility with no impact on your credit score.
Save £s and pay off your loans, credit cards and overdraft faster than ever.
Make over payments anytime you like with zero fees or penalties.

Subject to approval - Representative 22.9% APR

Track Your Spending

Connect your bank and credit card accounts to give yourself a 360 degree view of your bills and spending. Check all of your transactions and bills in one simple to use space.

Free Credit Report

Monitor your financial profile with your free credit score and report. Track all of your credit accounts, searches and credit history whilst receiving tips and recommendations to improve your credit score.

Money Talks

Instantly chat with our UK based money team; they’re on hand to answer all of your finance questions and anything else you need whilst using Updraft.

Safe and Secure

We've built Updraft with your privacy and security in mind, we never share your data with any other parties without your explicit consent.

FCA Regulated

We're authorised and regulated by the Financial Conduct Authority as Fairscore Ltd with reference numbers 810923 and 828910.

Minimum and maximum period for repayment - Minimum 3 months - Maximum 60 months
Maximum Annual Percentage Rate (APR) - 39.7%
Representative APR - 22.9%
To borrow £3,000 over 36 months with a representative APR of 22.9% (fixed) will cost £116.02 per month, with a total cost of credit of £1,176.70 and a total amount payable of £4,176.70. All figures are representative and based upon an assessment of credit and affordability. Terms and conditions apply.

Our Company Address

5 Merchant Square, London, UK, W2 1AY
Updated on
Feb 14, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 4 others
This app may collect these data types
Location, Personal info and 4 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

2.04K reviews
Bernadette L
February 14, 2024
I can highly recommend Updraft. I was able to pay off my four credit cards plus a loan. The service is great and I received my funds quickly. My monthly payments towards my credit cards and my loan went from £385 to £200. For my current circumstances it's perfect. The only thing is, that I don't receive any push notifications. But for me it's only a minor thing, so still five stars because they given me a chance and I can finally breathe again. Thank you Updraft Team!
3 people found this review helpful
Sasha Gillard-Loft
February 21, 2024
Highly recommended. Very quick service. Able to use almost immediately via the app and the remaining funds were in my bank account after a few days. This has made a massive difference on my outgoings each month and I was able to clear credit cards and an overdraft. Thanks Updraft!
Marc Steele
February 6, 2024
Not good. Demanded the secure access code for my online banking. Could potentially have lost many hundreds of pounds. Smelled a rat straight away. This is one scam I won't be falling for. Could have at least offered me a loan first and then attempted to scam my bank account

What's new

We’ve made everything better again; a faster way to check eligibility for Updraft Credit, easier to get your free credit score and report, plus improved home and transaction views