We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
V A N Q U I S
Options
Comments
-
TheGenerus1 wrote: »Thanks for going through all that trouble,
but you've just shown to us that your limit was raised from £500 to £2500 over a 9 month period. Add to this another 4-5 months for the next increase to the £3000 you first stated making that 13 -14 months from the £500 to £3000.
Thats a hell of a difference between your claim of jumping from £500 to £3000 in just a 5 month period. Thats 3 automatic increases every 4 months which now sounds about right.
Had you have posted facts and not wishy washy estimates in the first place, You would not have had to justify yourself to others over your widely inaccurate claim.
tbh honest with ya i'm not sure what your problem is
I posted here to explain that
1 gold status means nothing no extra privledges
2 if you max the 3K grand out you will pay a minum payment of around £170 with about £150 a month in interest ish
3 if your struggling to pay your finances in the 1st place or have debt the card is great for building up a credit score providing you pay it off each month
4 if you run the account at its max and struggle with money managment or just go out and wax the damn thing then i would personally steer clear of the card as it will cost you a fortune in interest
everytime i post on a vanquis thread i always end up in some petty squabble
i will stick with my original view
best place for a vanquis if you cannot afford to pay it off each month in full is in the bin cut up !!!!I am NOT a mortgage advisor nor a professional in any debt related matters my replies to posts reflect my personal view only and experience in life time situations that may or may not be of any use to you if you need advice speak to a professional0 -
Based on the current discussion on this thread I'd be interested to know what people would like their credit limits to be and for what purpose they want/need that amount of credit.
Thankfully I've been in a position of being able to pay of my credit cards so have over time closed the accounts that I paid off, I was down to two cards but have recently got a Tesco cc, mainly for the extra clubcard points, but also as a way of transferring the balance on my Mbna to my Tesco via the 0% for purchases.
From my experience of what I've been through I don't intend on getting into further debt (don't think anyone else does either) and have all my expenditure budgeted and have budgeted to save money towards future expenses like phones, computers and holidays etc so I have the money when I need to purchase the items.
So I ask the question about credit limits to understand what peoples motivation is for the credit limitsNearly debt free
0 -
Based on the current discussion on this thread I'd be interested to know what people would like their credit limits to be and for what purpose they want/need that amount of credit.
Thankfully I've been in a position of being able to pay of my credit cards so have over time closed the accounts that I paid off, I was down to two cards but have recently got a Tesco cc, mainly for the extra clubcard points, but also as a way of transferring the balance on my Mbna to my Tesco via the 0% for purchases.
From my experience of what I've been through I don't intend on getting into further debt (don't think anyone else does either) and have all my expenditure budgeted and have budgeted to save money towards future expenses like phones, computers and holidays etc so I have the money when I need to purchase the items.
So I ask the question about credit limits to understand what peoples motivation is for the credit limits
Mr green
for a subprime card as a credit builder , should be £500 IMO , there should be due diligence on a subprime card like a subrime more mortgage as well
but it will never happenI am NOT a mortgage advisor nor a professional in any debt related matters my replies to posts reflect my personal view only and experience in life time situations that may or may not be of any use to you if you need advice speak to a professional0 -
aimzrabbit wrote: »tbh honest with ya i'm not sure what your problem is
I posted here to explain that
1 gold status means nothing no extra privledges
2 if you max the 3K grand out you will pay a minum payment of around £170 with about £150 a month in interest ish
3 if your struggling to pay your finances in the 1st place or have debt the card is great for building up a credit score providing you pay it off each month
4 if you run the account at its max and struggle with money managment or just go out and wax the damn thing then i would personally steer clear of the card as it will cost you a fortune in interest
everytime i post on a vanquis thread i always end up in some petty squabble
i will stick with my original view
best place for a vanquis if you cannot afford to pay it off each month in full is in the bin cut up !!!!
There is no problem on my part here. I did say "thanks for going through all that trouble" didn't I (you must have taken that as being a sarcastic comment which it was not meant to be).
You instigated it by saying "Is that clear enough for you" like I've been constantly calling you a liar.
I just highlighted that your claim of jumping from £500 to £3000 in 5 months was false which it turned out was false as it took 13 -14 months for that increase (this was proved by your credit report posting showing your credit limit increases).
I agree with all your 4 points except for point 1 which you say that being a Vanquis gold card customer has no added benefits.
Gold status account holder have
1) freephone calls to Vanquis from a mobile phone - 0800 237 137.
2) freephones calls to Vanquis from a land line - 01634 789 544
3)No waiting time for a gold card customer rep to answer your call.
Plus other benefits which all gold status holders will recieve a listing of in the post according to the rep I spoke to yesterday.0 -
TheGenerus1 wrote: »*Update*
Just called Vanquis and they said that they normally send out the gold card when your regular card expires.
She then went on to say that she can arrange for the gold card to be sent next week if I wanted, which I agreed.
Handy to know - i reached "gold card" status about a year ago but thought i was mistaken as never received a new card or anything.
I recently rang them and even then it said something like "welcome to gold card".
Anyone know what the gold card looks like ?0 -
I wish I could get one of these instead of RISE. I pay it off in full every month but can not get a normal card. Well what ever normal is.3 Children - 2004 :heart2: 2014 :heart2: 2017 :heart2:
Happily Married since 20160 -
Handy to know - i reached "gold card" status about a year ago but thought i was mistaken as never received a new card or anything.
I recently rang them and even then it said something like "welcome to gold card".
Anyone know what the gold card looks like ?
Just ring them up like I did and request for it to be sent out to you. They did it for me. She said gold customers will be sent a gold pack detailing the benefits in the coming weeks.
computer problems caused the gold packs not to be sent before until they rectified it.0 -
I just called to update my mobile and I am also on gold I was given a free phone and landline number call in future
0800 0237137
01634 7895440 -
TheGenerus1 wrote: »*Update*
Just called Vanquis and they said that they normally send out the gold card when your regular card expires.
She then went on to say that she can arrange for the gold card to be sent next week if I wanted, which I agreed.
Well done. It will be a bit of an anti-climax but it will look better when you put it into the card terminal0 -
Vanquis keep sending me junk mail.
I don't want your credit card! argh! Leave me alone.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards