V A N Q U I S

SnowTiger

MorrisonsEmployee wrote: »

My first statement is due on May 20th - Is payment due that day or the standard 2 weeks from statement date?!

As with most other credit cards, payment is due about three weeks after the statement date.

IIRC ASL is a reformed bankrupt and is extremely cautious with his new toy. He also has a painfully low credit limit.

ASL

My first online statement just appeared. What I found strange was the estimated interest for next month was £0000
Maybe it's because I have used my limit by more than 2x but have made three payments off it over the first month. (never exceeded limit though)

Regardless of NO INTEREST even if I make the minimum payment, I have just paid it off IN FULL using online banking. :T.

MorrisonsEmployee

ASL wrote: »

Regardless of NO INTEREST even if I make the minimum payment, I have just paid it off IN FULL using online banking. :T.

Well done:T:T:T

Trajal

Well the new aquis card arrived this morning. Limit was as they told me on the phone, and I got the good APR as well, in writing on my letter.

Not bad at all. Must admit that the card looks a bit weird, it's completely unbranded apart from a 'near invisible' dark blue star in the centre of the otherwise totally black card.

Still, quite cool and it's virtually prime level of interest so not going to complain too much. Quite a fast turnaround too, think it's been less than a week.

MorrisonsEmployee

Trajal wrote: »

Well the new aquis card arrived this morning. Limit was as they told me on the phone, and I got the good APR as well, in writing on my letter.

Not bad at all. Must admit that the card looks a bit weird, it's completely unbranded apart from a 'near invisible' dark blue star in the centre of the otherwise totally black card.

Still, quite cool and it's virtually prime level of interest so not going to complain too much. Quite a fast turnaround too, think it's been less than a week.

Well done om getting a decent APR from Vanquis!

MorrisonsEmployee

I made an online payment to Vanquis a few days ago and this afternoon my E-Vanquis has updated with the amount i have paid but my available balance total has not updated and is still showing at the amount prior to me making a payment - Is this normal?

SnowTiger

MorrisonsEmployee wrote: »

I made an online payment to Vanquis a few days ago and this afternoon my E-Vanquis has updated with the amount i have paid but my available balance total has not updated and is still showing at the amount prior to me making a payment - Is this normal?

ASL mentioned something similar a couple of pages back, see https://forums.moneysavingexpert.com/discussion/1482065:

I made a online payment yesterday to my vanquis card, its showing on my evanquis Electronic Payment Received and the ammount. But its not showing up in available funds.

Dunno if this is normal, but it's not unheard of.

MorrisonsEmployee

SnowTiger wrote: »

ASL mentioned something similar a couple of pages back, see https://forums.moneysavingexpert.com/discussion/1482065:

I made a online payment yesterday to my vanquis card, its showing on my evanquis Electronic Payment Received and the ammount. But its not showing up in available funds.

Dunno if this is normal, but it's not unheard of.

Thanks - Was worried there was a problem with my payment or something but hopefully the site is just updating.

ASL

My interest rate on my vanquis card welcome letter of a couple of months ago, states. "Your annual purchase interest rate is 47.890%" I have seen in other threads that what vanquis show as the interest rate is NOT the APR.

So what is the above. Or is it the APR ?? Thanks.

NekoZombie

ASL wrote: »

My interest rate on my vanquis card welcome letter of a couple of months ago, states. "Your annual purchase interest rate is 47.890%" I have seen in other threads that what vanquis show as the interest rate is NOT the APR.

So what is the above. Or is it the APR ?? Thanks.

It's exactly what it says it is; your purchase interest rate. Your APR will be higher, around the 59.9% mark.