- 0% Credit Cards
- Balance Transfer Cards
- UK Credit Cards Guide
- Compare UK Credit Cards
- Cashback Credit Cards
- Gold Credit Cards
- Platinum Credit Cards
- Business Credit Cards
- Charity Credit Cards
- Student Credit Cards
- Secured Credit Cards
- MBNA
- Barclaycard
- Capital One Platinum
- BT
- Nectar
- Virgin
- Capital One
- Halifax All in One
- HSBC
- Egg
- Post Office
- British Airways
- AA Credit Card
- American Express
- Vanquis
- Alliance & Leicester
- Mint
- NatWest
- Lloyds TSB
- Best Credit Cards
- Best Balance Transfer Credit Card
- Best Credit Cards for Purchases
- Best Cashback Credit Cards
- Best Standard Rate Credit Cards
- Visa or MasterCard
- Free Credit Report
- Balance Transfers
- Balance Transfer Fees
- Why Have a Credit Card?
- Student Tips for Building Credit
- Avoiding Credit Card Fees
- How To Eliminate Credit Card Debt
- Smart Spending with Rewards Credit Cards
- Disclaimer
- Choosing Credit Cards
- Rewards Credit Card
- Student Credit Card
- Identity Theft
-
Oxfam
Oxfam is a development, relief, and campaigning organisation that works with others to find lasting solutions to hunger, poverty and suffering around the world.
-
Unicef - for every child
UNICEF is the driving force that helps build a wor...
-
The Red Cross
The Red Cross, a humanitarian organization led by ...
- Credit Card News
- Most Popular News
1 in 4 Brits 'not holidaying' to ease up on credit
Recession fears sinking in as Brits discard holidays to keep finances in shape
Credit cards guilty of 'outrageous APR hikes'
Credit cards found to be raising APR above inflation
1 in 3 'unaware of effects of inflation'
Brits unaware of impact inflation will have on savings
Students advised on post-uni debt
Pay off credit cards first, students told, and look out for zero per cent offers
Mortgage rates drop below 7pc
Credit card holders looking for a mortgage will be pleased to find the average fixed rate has dropped below 7pc after recent high
Vanquis Credit Card Review
Summary
If you have applied for credit cards in the past and been refused, even by some of the bad credit card issuers Vanquis could have a solution.
The abacus card from vanquis is available to people who have no credit history so if you need your first credit card to build up your credit rating this could be for you. If you have had bad credit in the past, even if you have had CCJ's Vanquis could help!
Of course the interest rates on the card reflect the nature of the product and with an APR of 39.9% it is a card to use with caution to rebuild your history, but if you need a credit card and have few options this could be a great deal. There is no annual fee and you get up to 56 days interest free if pay your bill off in full each month.
Details
| Introductory Balance Transfers | n/a |
| Monthly Rate | n/a |
| Period | n/a |
| Introductory Purchases | n/a |
| Monthly Rate | n/a |
| Period | n/a |
| Standard APR | 39.9% (typical) |
| Monthly Rate | 2.84% |
| Cash Advance APR | 46.19 % |
| Cash Advance Fee | 5% (Min £2.50) |
| Minimum Payment Required | 3% (Min £5) |
| Annual Fee | None |
| Loyalty Points | None |
| Travel Accident Insurance | None |
| Free Purchase Protection | None |
| Foreign Usage Fee | 2.75% |
Other Vanquis Credit Card Features and Benefits
- No annual fee
- Up to 56 days interest free on purchases
- Full Visa card
- Chip and Pin
Vanquis Credit Card Verdict
The Vanquis Abacus card is one the best options if you have no or poor credit - even if you have CCJ's or other financial problems in the past. A great first step in repairing your credit history!