Vanquis Credit Card

Advantages: Convenient, Accessible to those with poor credit rating
Disadvantages: High interest rate and heavy debt collecting if you default

...I have been unfortunate in my life to accumulate a number of credit card and loan debts. I have been struggling to pay these for the last four years, although I have now reached a point where things are getting much easier to handle, and the total value of my debt has decreased significantly. When I realised there was a problem, all my credit cards were cut up and returned to the respective creditors. However, this of course left me without a credit card. Initially, this didnt seem to be a problem, as quite frankly I had had enough of them! However, when my bank decided to withdraw my debit card as well, things took a turn for the worse. In this day and age it is increasingly difficult to be without either a debit or credit card. Because of this, I have tried continuously over the last couple of years to apply for both credit...

TheHairyGodmother 01.01.1970 · Read review
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Review of Vanquis Credit Card

A Great 'DEAL' On A Credit Card

Advantages: Clubcard points
Disadvantages: Interest rate which kicks in if you don't pay the full balance monthly

...I chose a Tesco Clubcard Credit Card for the loyalty bonus it offers (below). I know most people understand how credit cards work, but I have many university educated, generally smart friends who have no idea, so humour me a little. ** The Basics ** The Tesco Clubcard Credit Card can be used to make purchases and withdraw cash all over the world. It comes with an interest free period of up to 46 days (depending on when in your payment-statement cycle the transaction takes place) although, in keeping with standard credit card arrangements there is NO interest free period for cash advances, and therefore these cost you an arm and a leg in interest. My card is a MasterCard so can be used anywhere where MasterCards are accepted (i.e. most places). The cards and now all chip-and-pin so you need to know your PIN before going shopping...

zoe_page 01.01.1970 · Read review
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Review of Tesco Credit Card

Vanquis Bank and Credit Card

Advantages: Gives credit to those who wouldn't otherwise get it.
Disadvantages: Very high interest, terrible customer service.

...A couple of months ago we made the mistake of getting a credit card "for emergencies", it was meant to be...but as always happens, it was used when it wasn't necessary (mainly by my husband!!!!). Vanquis Bank are a company who offers credit to people with a bad credit history (i.e. CCJs, missed payments etc and just no credit history). Anybody who has ever tried to get credit for the first time will know its sometimes very difficult, if you have never had any kind of credit given to you, companies won't take you on, as they don't know if your a risk or not...and so Vanquis offer a "credit score boosting card"...basically they give a credit card with £300 limit on it to people who have never before had a credit card and probably don't know how to use them correctly. (Before you start...I'm not calling everyone with no credit history...

stephbond89 01.01.1970 · Read review
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Review of Vanquis Credit Card