Vanquis

Jcts

Hi all, checked out the forums for a bit and thought i'd sign up. Lots of good info on here and helpful people.

Anyway, I applied for a Vanquis card on 9/08/12 and they called me on 10/08/12 to say i've been accepted. Tried to give me an advance and sell me PPI and other things which I declined. Didn't tell me my credit limit and I didn't ask, didn't want to seem hungry! Said my card will be with me shortly which is great, however I did not have to send any ID or proof of address. Is this normal? I do have a Capital One card and i'm on electoral register etc.

Many thanks

Simon7685

Vanquis was the first card I got a year ago, I was never asked to supply any ID or anything. Then again neither did any of the other ones I have and the only agreement I have ever physically signed is Aqua's, all the other ones have been electronically signed.

So I don't think it is anything unusual

nyc_451

I also didn't need to send anything and got the card quite quickly. Unlike the capital one...

Jcts

Ah many thanks, so quite normal then. I'm hoping the card will arrive this week. Yes, I had to physically sign for my Capital One card as well as ID, address etc.

Also, what's the online payments like? One final question, does anyone get the £150 limit? Seems most people start on £250, not that i'm that bothered about it.

Anthorn

Jcts wrote: »

Ah many thanks, so quite normal then. I'm hoping the card will arrive this week. Yes, I had to physically sign for my Capital One card as well as ID, address etc.

Also, what's the online payments like? One final question, does anyone get the £150 limit? Seems most people start on £250, not that i'm that bothered about it.

It's curious isn't it that some credit cards don't require ID but some savings products do in the form of a passport number for an online application. This led me to renewing my passport so I could do that.

If by "online payments" you mean paying money off the balance, you'll need a debit card and it's best to sign up for eVanquis when you receive your card. But you can pay by direct debit or BACS from your bank account.

chanz4

Think its due to money laundering with savings

Jcts

Anthorn wrote: »

It's curious isn't it that some credit cards don't require ID but some savings products do in the form of a passport number for an online application. This led me to renewing my passport so I could do that.

If by "online payments" you mean paying money off the balance, you'll need a debit card and it's best to sign up for eVanquis when you receive your card. But you can pay by direct debit or BACS from your bank account.

Yes, it is a tad strange that some don't require ID etc. Yes I meant paying off the balance, got a debit card so no probs. I shall sign upto eVanquis as soon as I receive my card. Got a DD set up for full balance anyway

WickedWitch123

Hi there
I think your credit limit depends on your circumstances. Ive just been accepted and been given £1000 credit limit so i guess it depends. My APR is 29%.
WW

TheGenerus1

WickedWitch123 wrote: »

Hi there
I think your credit limit depends on your circumstances. Ive just been accepted and been given £1000 credit limit so i guess it depends. My APR is 29%.
WW

I'm pretty sure Vanquis start their APR at 39.9% and go up to 69.9%.

Jcts

TheGenerus1 wrote: »

I'm pretty sure Vanquis start their APR at 39.9% and go up to 69.9%.

I thought that too. Seems very odd for Vanquis to give a rate better than Capital One or Aqua!

jasonwatkins

Big Vanquis thread here ..

https://forums.moneysavingexpert.com/discussion/1482065

if you need any further info.

My Vanquis card was £100 limit for the record.