Vanquis Visa Card

Vanquis provide Visa Cards to customers with a bad credit rating.

Vanquis offer a Visa card to customers who may have had a credit card application denied due to bad credit or because they are new to credit.

• No annual fee
• Up to 56 days interest free on purchases
• Free fraud monitoring
• 39.9% APR on purchases
• Visa widely accepted in the UK and abroad

About Credit Cards

The fastest and easiest way to get money when you need it is by borrowing on a credit card. Credit cards are generally used for making comparatively small purchases in retail locations on the high street or on the internet, and most cards will come with an interest free time period during which you can purchase products and not be charged any interest so long as you repay the debt within a certain time frame, anything from around 30 or 50 days, depending on the terms and conditions.

Credit cards afford you a great degree of flexibility with your finances, and come in handy in situations where you need to put down a deposit for a flight, holiday or accommodation and finances are tight towards the end of the month.

The ease of borrowing and spending capital is both the biggest advantage and disadvantage of credit cards. Once you have successfully applied for one, you can instantly access any amount of money up to a limit specified without having to fill in any other forms - however this near-instant availability of credit can mean that you can very quickly get into debt, which you may have to pay back at a high rate of interest.