V A N Q U I S

cifpower

girlracer wrote: »

Hi i was successful in getting a vanquis card, just awaiting it in the post, i have just applied for a first direct account and cc
got a message saying we have recieved your application and are in the process of verifying

is this promising ? didnt get an outright no ?

standard response from first direct

girlracer

probs get a rejection letter the
thanks

jmabnc

Hi I applied for the granite card,didnt get one,said I have one of their cards which I dont,checked with credit expert no search carried out....

izools

does credit expert show any vanquis accounts on there already?

stuartmck

Well that's it. Last of the balance of Vanquis transferred to the Sygma MyWorld on 0% for 6 months. Time to close the Vanquis down I think. It served it's purpose over the last 2-3 years, but I'm slowly heading back towards prime

jmabnc

No izools,only Littlewoods,Cap one,bank details, Ace,nothing else,and all green ticks, I suppose not working does not help,thanks...

izools

jmabnc wrote: »

No izools,only Littlewoods,Cap one,bank details, Ace,nothing else,and all green ticks, I suppose not working does not help,thanks...

TBH you aren't missing out, their APR and customer service are both absolutely dire.

The Aqua Mastercard sub prime card is advertised as suitable for those who are unemployed

jmabnc

Thanks izools for your help. Suppose i am lucky...

Brian1966

In nearly 2 years with Vanquis I have never had a problem as regards customer service.
Rang up to query minimum finance charge when it happened, sorted instantly, rang to change address sorted instantly.
Yes the APR is high but easily avoided by paying in full every month and until a customer reaches the higher levels of credit limits carrying a balance isn't a huge issue.
My highest balance carried over was £2000 paid in two halves and cost me around £140 in charges.
Most days now I just use it as a charge card, spend what I like monthly and pay it off.
Don't really need it to be honest but loathe to let it go as essentially they took a chance on me when I needed it :beer:

izools

Brian1966 wrote: »

My highest balance carried over was £2000 paid in two halves and cost me around £140 in charges

I currently owe around £2,500 across three cards. In total I am charged around £60 a month in interest.

I don't see how more than double that amount in charges for a balance £500 less can be considered "reasonable".