Vanquis Credit Cards

If you have a bad credit history, or have never had a credit card before, you will not get accepted for one of the leading 0% or cashback cards. However, there are occasions where it can be very handy to have a credit card – for example to access protection under the Consumer Credit Act. And you may be more likely to qualify for a credit card with Vanquis than a mainstream provider.

Compare Vanquis credit cards - Sorted by APR

  1. Great for
    You'll start with an initial easy to manage Credit Limit between £250 and £1,000
    You could get a Credit Limit increase after your fifth statement and further increases every five months, up to £3,500. T&Cs apply
    Could help build or re-build your credit rating
    But be aware that
    The APR is dependent on your personal circumstances
    You cannot apply if you already hold a credit card that is issued by Vanquis Bank

    Representative Example:

    If you spend £1,000 at an annual interest rate of 29.8% p.a. (variable) your representative rate will be 29.8% APR (variable).

  2. Great for
    You'll start with an initial easy to manage Credit Limit between £150 and £1,000
    Could help build or re-build your credit rating
    But be aware that
    The APR is dependent on your personal circumstances
    You cannot apply if you are already holding a credit card issued by Vanquis Bank

    Representative Example:

    If you spend £500 at a purchase interest rate of 39.94% p.a. (variable) your representative rate will be 39.9% APR (variable).

Guide to Vanquis credit cards

Vanquis credit cards are designed for people who are looking to build or improve their credit rating.

However, you need to be careful about how you use this type of credit card as the interest rates are high, making them a very expensive form of borrowing. You should therefore aim to clear your balance in full every month to avoid being charged interest.

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Vanquis offers low credit limits of between £150 and £1,000, although customers can apply to have their credit limit increased every five months. The maximum limit offered by Vanquis is £3,500 but you will only be considered for a higher credit limit if you have proved that you can manage your account responsibly.

This is also important if you want to improve your chances of qualifying for other forms of credit in the future. Cards such as the Vanquis card can actually help repair your credit profile and improve the likelihood of you qualifying for some of the more competitive credit cards.

The best way to benefit from a Vanquis credit card is to make sure you always pay on time – late payments don’t look good on your credit file. You should also keep within your credit limit, avoid taking on too much debt elsewhere and pay off your bill in full each month.

Vanquis credit cards are fully regulated by the city regulator the Financial Conduct Authority (FCA)

Credit cards give you valuable consumer protection that cash and debit cards don’t. Under Section 75 of the Consumer Credit Act, if you pay for goods or services using a credit card, the card provider is jointly liable with the retailer if something goes wrong. 

This protection only applies to items or services costing between £100 and £30,000. So, for example, if you ordered a bed costing £500 and the shop you bought it from goes bust before it is delivered, the credit card provider should provide you with a full refund.

Your personalised chance of approval

We've taken the details you gave, and used them to show you personalised scores to tell you the chance that your application for each card would be successful.

Why is this important?

Every time you apply for a credit card, a mark is left on your credit score. That means it's better get it right first time. Your scores help you understand which cards you have the strongest chance of getting.

It's easy!

The higher the score, the stronger chance you have of getting the card. If you see a very low score, you're probably better off choosing a different card.

Consider a different card
Not eligible
1/10
2/10
3/10
4/10
5/10
Your chances are good
6/10
7/10
8/10
9/10
9.5/10
You've been pre approved

If you see a high score, you can be fairly confident. The scores aren't a guarantee, as acceptance of your application is at the sole discretion of the card issuer, but they should help guide your choice.

If you see a pre-approved score it may be subject to you passing additional fraud checks by the provider.

Not rated

In some cases, we will not be able to display a score for a product because we do not have enough information about the card issuer’s acceptance criteria or we have not been able to match your details at the credit bureau.

We work closely with our partners to improve our eligibility scores for all products that are of interest to you.

We're free and independent, as well as offering exclusive deals you can't get anywhere else.

Moneysupermarket is a credit broker – this means we’ll show you products offered by lenders. We never take a fee from customers for this broking service. Instead we are usually paid a fee by the lenders – though the size of that payment doesn’t affect how we show products to customers.

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