About aqua credit card...
- Rebuild and strengthen your credit score
- Suitable for a poor credit history
- Sensible credit limit
Rebuild and strengthen your credit score
The aqua credit card is designed to help people who have a less than perfect credit score for a variety of reasons.
If you have a poor credit history due to past credit problems, even previous County Court Judgements, the aqua credit card can help you begin to rebuild and strengthen your credit score, allowing you to prove to banks that you can manage your finances so that more credit products become open to you in the future.
There are many reasons that can make getting credit difficult, and not all include having a past history of poor money management. You may have trouble getting credit if you are self employed, a home maker, on a low income, working part time, not registered on the electoral roll or have recently changed address. The aqua credit card will consider all of these situations.
The aqua credit card offers a sensible credit limit, allowing you to pay for goods and services on credit, repay your balance, but without allowing you to get into serious debt problems again.
If you manage your aqua credit card well, repaying your balance in full, or as much as you can, and certainly on time each month, you'll soon be able to start rebuilding and strengthening your credit history.
Apply for aqua credit card 
| Interest Rates and Fees |
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Notes.. |
| Typical APR |
35.9% APR (variable) |
The typical APR is the rate most people are offered.
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| Balance Transfers |
35.95% p.a. |
- |
| Balance Transfer Fee |
3%
(£3 minimum) |
If you transfer a balance to this card you will be charged a handling fee for doing so. |
| Cash Withdrawal Rate |
39.95% p.a. (variable) |
This is the rate you are charged on balances resulting from using a cash machine, getting cash back at the supermarket or buying foreign money. |
| Cash Withdrawal Fee |
3%
(£3 minimum) |
When you use your credit card to get cash you will be charged a 'handling fee' for doing so. |
| Annual Fee |
£0 |
-
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| Foreign Transaction Fee |
2.75% |
This is fee you will be charged for credit card transactions made abroad.
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| Payments & Payment Details |
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Notes.. |
| Credit Limit |
£250 minimum, £2200 maximum |
Credit limit may vary from person to person and is subject to status. |
| Interest Free Period |
Up to 51 days |
For purchases if you pay your balance in full and on time each month. There is no interest free period on cash withdrawals or balance transfers. |
| Minimum Monthly Payment |
3%
(£5 minimum) |
The minimum monthly payment is the smallest amount you must pay each month (unless your credit card balance is zero). |
| Allocation of Payments |
Lower rate balances before higher rate balances |
When you make a payment to this card they will be applied to balances charged at a lower rate of interest, like purchases, before balances at a higher rate of interest, like cash withdrawals. |
| Default Charges |
£12 |
This is how much you will be charged for late payments, returned payments and if you go over your credit limit. |
| Card Details |
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Notes.. |
| Online Application |
Yes |
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| Card Type |
Classic |
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| Payment Company |
MasterCard |
This is the company who provides the payment technology and infrastructure to allow you to use this credit card. retailers and ATM machines displaying the 'MasterCard' logo will accept this card. |
| Card Issuer |
Halifax |
This is the bank behind your credit card. |
| Card Advertiser |
Sav Credit |
This is the company who advertises and promotes this credit card. |
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aqua credit card
| Typical APR |
 35.9% APR |
 |
| Balance Transfers |
 35.95% p.a.
3% transfer fee - £3 min |
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| Interest Free Period |
| Up to 51 days |
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| Annual Fee |
| £0 |
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| You should only apply if you are: |
| • Aged 18 or over |
| • Have a permanent UK address |
| • Have a current UK bank or building society account |
| • Are not bankrupt or have proceedings against you |
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More about aqua credit card...
The aqua credit card is designed for people who have had past credit problems, or for anyone who has just had difficulty getting credit from other lenders.
The aqua credit card provides a way for people with a poor credit score to build or rebuild and strengthen their credit history and score.
Rebuilding and strengthening...
It may seem like an almost impossible task to try and improve your credit score when lenders are refusing you credit.
The best way to improve your credit history and score is to borrow money and then always make your repayments on time and never less than the amount requested.
With the aqua credit card, you'll get a sensible credit limit to help keep you away from recurring debt problems.
You should use the card, and then budget your income so that you can always repay your balance at the end of the month.
Just by using the card and being diligent with your repayments will help you on your way to rebuilding and strengthening your credit score.
Use the card wisely...
The aqua credit card offers up to 51 days interest free credit on your purchases if you repay your balance in full and on time each month. So use this card just for purchasing goods and services and repay your balance in full and on time each month, and you won't be charged a penny in interest.
Be careful to avoid using this card for cash transactions though, as they will carry a higher rate of interest and handling fees, and they aren't included in the interest free period. Cash transactions include ATM cash withdrawals, getting 'cash back' at the supermarket, buying foreign currency or traveller's cheques and gambling transactions.
Who can apply?
The aqua credit card is designed to help people who have a poor credit score, and although they can't guarantee you a card, they will consider a range of different personal and financial circumstances.
Among the situations they will consider are listed the following:
past credit problems
self employed
home makers
on a low income
working part-time
not registered on the electoral roll
recently moved to a new address
affected by previous County Court Judgements (CCJ's)
Applying for the aqua credit card
You can apply online for the aqua credit card, you'll need to be aged 18 or over and UK resident to be considered.
The online application form, available on the aqua credit card website is securely encrypted, so only aqua, and the aqua card issuer (Halifax) will be able to read your information.
Apply for aqua credit card
What do you think?
Add your own review of the aqua credit card.
ian writes... 30/04/2008 "Quite a good card to start off, decent first card to rebuild credit rating"
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