Vanquis Increases / Statements

Sam_G_3

Got my card in February this year, started with £250 limit, increased to £500 in May, and then £1250 in September! Always pay more than the minimum payment, APR is 34.080% and cash/cheque rate is 41.200%.

Hope this helps!

Innocent_Guy

Sam_G wrote: »

Got my card in February this year, started with £250 limit, increased to £500 in May, and then £1250 in September! Always pay more than the minimum payment, APR is 34.080% and cash/cheque rate is 41.200%.

Hope this helps!

Well done, what is your credit file like? Defaults/CCJ's?

Sam_G_3

Thanks. No CCJs, got a few defaults from about 3 years ago, got a low credit score according to the credit rating check tool on the MSE website.

Innocent_Guy

Sam_G wrote: »

Thanks. No CCJs, got a few defaults from about 3 years ago, got a low credit score according to the credit rating check tool on the MSE website.

Ohh ok... Well done :rolleyes:

Innocent_Guy

Thought I would bump this page as I can see alot of talks about Vanquis increases on the other Vanquis thread and thought that this may be of some assistance.

never-in-doubt

Innocent_Guy wrote: »

Ohh ok... Must be the defaults dragging you down :rolleyes:

Mate she aint getting dragged down lol! Read again - haha

I started my account in jan 09 - had one increase from £250 to £500 in May and nothing since - hmmmmm :mad::mad:

Sam_G wrote: »

Got my card in February this year, started with £250 limit, increased to £500 in May, and then £1250 in September! Always pay more than the minimum payment, APR is 34.080% and cash/cheque rate is 41.200%.

Hope this helps!

Innocent_Guy

never-in-doubt wrote: »

Mate she aint getting dragged down lol! Read again - haha

I started my account in jan 09 - had one increase from £250 to £500 in May and nothing since - hmmmmm :mad::mad:

I have edited LOL.

Well it took 7 months for me to get one from £250 - £750

almost_there

Hi all, got my Vanquis card in early August, paid in full every month by debit card. Just got my limit increased to £500 today.:j

Innocent_Guy

almost_there wrote: »

Hi all, got my Vanquis card in early August, paid in full every month by debit card. Just got my limit increased to £500 today.:j

Well done, thanks for your input

LinuxAllTheWay

I have a Vanquis card along with a couple of others.

The trick I have found to increase your limit reasonably quickly is to spend close, but not up to, the limit each month. PAY THE BALANCE IN FULL EACH MONTH as the APR is sky high.

After a couple/few months of being near your limit, they review and, generally, increase so long as you pay in full each month.

I think a little bit of cash withdrawal wouldn't go amiss but make sure its a small amount so you don't pay a lot of interest. Again, make it a small regular amount so they know they're getting some earning from you

Worked for me on three cards.