Updraft helps people pay off credit card debt. If you have two or three cards, maybe an overdraft too, and you only ever see the minimum payment leave your account, Updraft is built for you. It shows every balance in one place, what the interest is really costing, and then replaces the cards with one fixed-rate loan, one fixed monthly repayment and a known end date.
Over one million members have used Updraft, and more than £750 million of credit card and overdraft debt has been paid off through it. It is a UK lender, authorised and regulated by the Financial Conduct Authority (firm reference number 810923), operating as Fairscore Ltd. It was named Best Personal Finance App at the British Bank Awards 2026, voted for by the public.
Most people with card debt cannot say exactly how much they owe. The balances sit across different apps and statements, and the total only becomes clear when it is too large to ignore. The free Updraft app, on iOS and Android, brings it all together.
If you want to see how it works before anything else, read how to pay off credit card debt.
A minimum payment is designed to keep you paying, not to clear the balance. Interest accrues every month on every card, and an arranged overdraft can sit at close to 40% EAR for years without ever ending. Updraft puts a number on it: what the cards cost you each month, and how long the current payments would take.
Try the pay off calculator and compare your card interest against a fixed-rate loan with a known end date. An informed decision is the whole point. Consolidation makes sense only when the total cost is lower and the cards are actually cleared.
Updraft's fixed-rate consolidation loan runs from £1,000 to £25,000 over 1 to 5 years. The rate is fixed for the whole term, and the typical customer borrows around £5,000 to clear two or three cards. There are no early repayment charges, and the arrangement fee is included in the total amount repayable, shown in the representative example.
Representative example: 25.9% APR Representative based on a £10,000 loan over 60 months at 20.40% fixed interest p.a. Monthly repayment: £283.20. Total repayable: £16,992 (inc. £600 fee). Subject to status and affordability. Consolidating debt may increase the term and total amount repaid. All figures are representative and based upon an assessment of credit and affordability. Terms and conditions apply.
From 15.3% to 41.2% APR, £1,000 to £25,000, over 2 to 5 years available.
A 0% balance transfer moves the debt to another card, and the interest returns when the promotional period ends. An Updraft loan is built to repay the debt, not relocate it. On approval, the money goes directly to your card providers so the balances are cleared, or to your bank account, typically within days. You can follow each payment as it lands in the app, with the date and the amount on record.
A soft search shows your eligibility and rate before any full application, with no impact on your credit score. Affordability is assessed on your real income and spending, through open banking data alongside your credit file, not the credit score alone. Acceptance is never assumed and never guaranteed: the decision is made on what you can actually afford. Check your eligibility to see your rate.
Updraft is for UK working people who use credit to afford everyday life and want to tidy it up. Not people in crisis: if you are in financial difficulty, free advice is available from StepChange, National Debtline, Citizens Advice or MoneyHelper. If any of these sound like you, Updraft is built for your situation:
Customers rate Updraft 4.7 to 4.8 on Trustpilot and 4.88 on Smart Money People from over 11,000 reviews, alongside 4.5 on the App Store and 4.8 on Google Play. Lending capacity is backed by institutional partners including NatWest, Jefferies and Santander CIB. Customer support is human, from offices in London and Manchester.
You do not have to borrow anything to use Updraft. Connect your cards, see the full picture, run the numbers, and decide from there. Read more on Money Talk, our hub for plain-spoken guides on card interest, minimum payments and the maths of paying things off. For a wider view of how UK households are handling card debt, see the latest Updraft insights.
Then, when you are ready, check your rate with a soft search and see what one fixed monthly repayment would look like. One loan, one payment, a fixed end date. Credit that lifts you.