About Vanquis Visa credit card...
- Build or rebuild your credit score
- Fraud monitoring
- Accepted around the world
Build or rebuild your credit score
The Vanquis Visa credit card is a credit card for people who have a poor credit history, even if you have been refused credit in the past. This credit card can also help people who are new to credit and may not have a credit history.
The Vanquis Visa credit card can even help people who are on a low income or even if you are retired.
Accepted around the world
The Vanquis Visa credit card is just like any other credit card; it's a Visa so you can use it pretty much anywhere in the UK and around the world too.
Sensible credit limit and fraud monitoring
The Vanquis Visa credit card offers an up to £2,000 credit limit, there is no annual fee to pay, and they offer a free fraud monitoring service to help keep your money safe.
Apply for Vanquis Visa credit card 
| Interest Rates and Fees |
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Notes.. |
| Typical APR |
39.9% APR (variable) |
The typical APR is the rate most people are offered.
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| Balance Transfers |
39.94% p.a. |
- |
| Balance Transfer Fee |
None |
- |
| Cash Withdrawal Rate |
46.19% 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 |
2.5%
(£2.5 minimum) |
When you use your credit card to get cash you will be charged a 'handling fee' for doing so. |
| Annual Fee |
£0 |
-
|
| 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, £2000 maximum |
Credit limit may vary from person to person and is subject to status. |
| Interest Free Period |
Up to 56 days |
For purchases when you have paid off two or more consecutive current statement balances in full and on time. Interest free period does not include cash transactions. |
| Minimum Monthly Payment |
5%
(£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 |
Interest, fees, charges, balance transfers, purchases and then cash withdrawals |
When you make a payment to this card they will be applied to charges / balances in this order. |
| Default Charges |
£12 |
This is how much you will be charged for late payments, returned payments, if you go over your credit limit and returned credit card cheques. |
| Card Details |
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Notes.. |
| Online Application |
Yes |
- |
| Card Type |
Classic |
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|
| Payment Company |
Visa |
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 'Visa' logo will accept this card. |
| Card Issuer |
Vanquis Bank |
This is the bank behind your credit card. |
| Card Advertiser |
Vanquis Bank |
This is the company who advertises and promotes this credit card. |
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Vanquis Visa Credit Card
| Typical APR |
 39.9% APR |
 |
| Balance Transfers |
 39.94% p.a.
Free transfers |
|
| Interest Free Period |
| Up to 56 days |
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| Annual Fee |
| £0 |
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| You should only apply if you are: |
| • Aged 18 or over |
| • UK resident |
| • Are not currently declared bankrupt |
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More about Vanquis Visa credit card...
The Vanquis Visa credit card is a credit card for people who have had bad credit problems in the past and subsequently have a bad credit rating. This credit card can also help people who are new to credit and have no credit history.
Rebuild and strengthen your credit rating
The Vanquis Visa credit card can help you to rebuild and strengthen your credit rating by offering you the credit you need to start improving your credit score.
By taking out this credit card and always remembering to make your monthly payments and not go over your credit limit, you will start to improve your credit score as you prove to lenders that you can manage your finances and make your repayments on time.
Build your credit history
If you are new to credit you may not have a credit history, and this can cause problems when applying for financial credit products. The Vanquis Visa credit card can help you build a credit history and work towards having a good credit rating.
If you always remember to make your monthly repayments and never go over your credit limit you will start to build a credit history that proves to lenders that you can manage your finances and keep abreast of your credit repayments.
Just like any other credit card
The Vanquis Visa credit card is just like any other credit card, it will enable you to pay for goods and services on credit anywhere that Visa is accepted.
With the worldwide recognition of Visa, you will be able to use the Vanquis Visa credit card almost everywhere in the UK and throughout the world too.
Keeping your money safe
The Vanquis Visa credit card helps to keep your money safe, by offering a free fraud monitoring service, Vanquis Bank will stay on the look out for any suspicious activity on your credit card account and let you know if any fraudulent transactions take place.
Will there be any fees?
The Vanquis Visa credit card has no set up fees or any annual account management fees, the only thing you will have to pay is the interest charged when you carry a balance on your Vanquis Visa credit card over from month-to-month.
If you always repay your Vanquis Visa credit card balance in full and on time, you won't be charged any interest on your purchases, and you'll get up to 56 days to pay your statement balance interest-free.
Who can apply?
Almost anyone can apply for the Vanquis Visa credit card, as long as you are aged 18 or over, UK resident and are not currently declared bankrupt. Even if you have a poor credit history with past bad credit problems or you have never had a credit card before, you will still be considered for a Vanquis Visa credit card.
How do I apply for a Vanquis Visa credit card?
You can apply quickly and easily online for a Vanquis Visa credit card, simply click the link below or use the 'apply now' button at the top of this page, you will then be taken to the Vanquis Bank web site where you can apply securely online.
Online applications are securely encrypted, so all your information will stay safe and only Vanquis Bank will be able to read it. Applying online will also mean that you receive a decision on your application quickly.
Apply for Vanquis Visa credit card
What do you think?
Add your own review of the Vanquis Visa credit card.
Anita writes... 22/01/2008 "The Vanquis Visa does have a very high interest rate and you should try not to use it for cash advances. But it does help you establish a credit history or repair a bad one, and as long as you pay as much off the balance as possible - if not all - each month it is fine."
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