Vanquis Bank Credit Cards

I have to say that I got myself in a spot of financial stew some years ago. Vanquis were the only company who would offer me a card. I have always paid the minimum balance and have been rewarded with regular credit increases. Only disappointment was they didnt offer lower APR. Also given a gold card which is only an asthetic touch, does not give better interest rate. Does look good though, makes it look like your not a subprime credit card holder, unlike some more mainstream. A bit of an ego boost!!! My last default was recorded on 28 April 2005, and as I keep a check on my credit situation with equifax I expect to have a good record any day now as it takes a week or so for such data to be removed from record after 6 years. I shall if course be hunting for a new card with a vastly better rate, approx 1/3 my current interst. However i would recommend Vanquis to anyone who has a poor credit rating, but di not tske out any other product they offer, the policy that sounds like PPI isnt and is very poor value just a money making scheme on top if the high interest. I have also heard that they are ruthless, verging on harassing if you make a late payment, see forums which state 20 calls in 3 days. One other thing in their favour, although their interst is high, it us still about 12 times cheaper than the legal payday loan sharks. Better Vanquis than 30 percent per month poundstillpayday et al. So if you want a sub prime card, are willing to accept high interest, and will make payments in time, go for it. Thanks Vanquis fir putting your trust in me, but hopefully next week I will be saying goodbye to high interest and hello to being better off each month.

Very easy to get through the application process, it seems they will give almost anyone a card, but in my experience they will look for every opportunity to lay additional charges on you and double them up where they can by deliberately using the first charge to push you over your limit.

Had to look at getting a sub-prime card after a divorce and yes, it's not nice to be in the end of the market and facing those interest rates. However what can you do if you need credit and no-one else will lend to you? I made sure to pay everything off the balance and hey presto after a while my credit report got a bit better and I could look elsewhere. So if you need a bit of help in a bad situation, it's fine, just make sure you keep up the repayments.

My business went under in the crunch and the knock-on effects on my credit profile were a disaster. Vanquis were one of the few companies that accepted my application and as a result my profile is now looking much better. Yes, you have to be careful to make payments, but provided you do so and don't spend over your limit, it does what it says on the tin.

I have used Vanquis sucessfully for over 3 years. As another reviewer has remarked , they specialise in providing Credit facilities to people who would normally be considered 'High Risk'. Subsequently they charge high interest and keep a tight control on their customer's accounts. Put yourself in their shoes's, what would you do ?.Using Vanquis quickly teaches you how to manage a credit card properly. I did not in the past , much to my regret.I have not had a single problem with them in 3 years. I now have a gold card. I will move on to a card with a lower interest rate but am more than happy to use them for mow. Customer service is first class and they now have web based account access. I personally cannot praise them too highly !. :-)

Every year Vanquis send me a application in the post, so this year I applied. I have no other credit cards/debts or finace or ever had, so wanted the Vanquis card to help me build a good credit report. I got turned down. The problems started when they wanted photo copies of my bills, tenancy agreements etc. to prove who I was so I got them and sent them in... then a few weeks later they wanted my bank information (even going as far as to tell me it has a effect on my application) so they got it. Then they turned me down. Complete waste of time & effort and the fact it took over 2 months to process the application...

I would recomend Vanquis to anyone and not just friends. There a local company from Yorkshire and have helped more people to obtain a better credit score with thier cards, providing bills are paid on time as Mr Lewis often says. I obtained thier details from The Money Supermarket.com. The Apr was i little high but normally is when dealing with sub prime credit applications. The application method was simple over the internet, followed up by a polite call back by thier staff. The card and pin arrived swiftly and i managed to log onto the e vanquis site to monitor my account online and at ease. Just wanted to write this review to thank both the staff at Money Supermarket and also at Colonade Bradford. And also to confirm they are both very reputable companies. NO WAY ON THIS EARTH IS VANQUIS A SCAM F.F.S. And if you want a card then go ahead and do as ive done in this message and the card should be with you within a month. You never know, maybe Vanquis can help you out of the new year cashflow trap, they have already helped me no end

Not a fan of the customer service; working night shifts then being woke at half 8 in the morning for a advisor with attitude on the line doesn't do well for customer relations Just be careful when paying the monthly payment; it takes 3 days to process and ive fallen foul of late payment fee's despite paying it before the due date