V A N Q U I S

doodah

Finally after 2 years they increased my limit from £500 to £1250. Just in time for me to close my account and get a Capital One card with £1k limit Bye bye Vanquis!

NekoZombie

chanz4 wrote: »

Sounds good, normaly they are very strict. They dont do like barclaycard and change their minds (havent heard anyway)

Ah well this is good news. My APR is 18.9% also quite low...their max is 21.9 I think

Still a case of wait and see.

saintscouple

limitation wrote: »

Does this mean i've been accepted? - Yes, You'll receive a phone call from them trying to sell you PPI and probably to confirm a few details, They'll also let you know your APR and possibly your credit limit.

How soon am i likely to receive the call? - Anywhere from today on wards I'd imagine.

When they call, and if i am accepted, will they be able to tell me my credit limit? - I'd of guessed so, Although I was only told my APR when they called me !

Congrats !

Just had my call, got accepted with a 59.9% apr, direct debit set up, ppi eventually refused!, and was offered a cash advance of up to £100, again refused.

Now just have to wait 14 days for the card, and a further 7 days for the pin.

Wasn't told my credit limit, going to be very low i imagine as only offered £100 cash advance, but i expect this will come with the card.

1st step to rebuilding my credit so very pleased.

custardy

TCB changed to confirmed today
Im not fussed about credit levels or whatever
I'll be using the card to buy stuff I would have been paying cash for anyway

Tremour-88

saintscouple wrote: »

Just had my call, got accepted with a 59.9% apr, direct debit set up, ppi eventually refused!, and was offered a cash advance of up to £100, again refused.

Now just have to wait 14 days for the card, and a further 7 days for the pin.

Wasn't told my credit limit, going to be very low i imagine as only offered £100 cash advance, but i expect this will come with the card.

1st step to rebuilding my credit so very pleased.

If you were only offered £100 then you have a £150 limit, they usually take 8+ months to an increase ; ;

custardy

Tremour-88 wrote: »

If you were only offered £100 then you have a £150 limit, they usually take 8+ months to an increase ; ;

ah,handy to know
I must be the same

NekoZombie

Tremour-88 wrote: »

If you were only offered £100 then you have a £150 limit, they usually take 8+ months to an increase ; ;

Hmm idk about this. In my experience it was every 4 motnhs. 250 to 500, 500 to 1000, 1000 to 2000, 2000 to 2225 and then 2500.

NekoZombie

doodah wrote: »

Finally after 2 years they increased my limit from £500 to £1250. Just in time for me to close my account and get a Capital One card with £1k limit Bye bye Vanquis!

Congratulations!!! Another example of Vanquis doing the job...

Suarez

Had Vanquis for 18 months with just a £250 limit and never offered an increase. Applied for a new Credit Card at HSBC and been offered a £3250 limit at 16.9%

Bye Bye Vanquis

saintscouple

Tremour-88 wrote: »

If you were only offered £100 then you have a £150 limit, they usually take 8+ months to an increase ; ;

That will do me for starters, only intended to spend £20 - £30 per month then pay in full each month.

My next challenge is to try for an overdraft on my Lloyds Silver Vantage Account, or upgrade to Gold with a £100 free overdraft. Would have had the account for 6 months next week, so will wait a few weeks before applying.