It is increasingly difficult to operate in the modern world without a credit card. They allow people to shop in the High Street, by telephone or over the Internet, to manage emergencies, and are useful when travelling abroad. But many people – including those with a limited credit history or no credit history at all, those who have had credit problems in the past but are now over them, and those on lower incomes – are often excluded from having a credit card.
Vanquis Bank is bringing the benefits of credit cards to these people, but in a controlled, affordable way. The credit cards are tailored to our customers’ needs, with relatively low credit card limits and a high level of contact with customers which helps them stay in control. In this way, we are helping to include more people in the financial mainstream.
Much lower credit limits than those generally offered by mainstream credit card companies – as low as £250.
Our Classic credit card has a higher minimum repayment of 5% compared with most other credit card providers which set minimum repayments at 2%-3%. This helps our customers pay off their balance more quickly.
Vanquis is a responsible lender and its service benefits from strong external regulation and a rigorous internal control and compliance regime. Vanquis is authorised by the Financial Services Authority and by the Office of Fair Trading. It also has a licence from Visa International to operate and issue cards under the Visa brand.Credit is subject to status: telephone contact: confirmation of name and address: no reasonable suspicion of fraud: and is only available to UK residents who are at least 18 years of age and are not legally restricted from obtaining credit e.g. because of bankruptcy. Please read Terms and Conditions for full financial details. Vanquis card is issued by Vanquis Bank Limited. Vanquis Bank can be contacted at its registered office, which is at Colonnade, Sunbridge Road, Bradford, BD1 2LQ. Registered number is 2558509 England. Vanquis Bank Ltd is authorised and regulated by the Financial Services Authority.