New Argos Credit Card 29.9%APR - Guess who's issuing it?

Simon7685

MSE Official Insert: Got a poor credit rating? Read our special Bad Credit Rating guide

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I was looking for something on the Argos site earlier and saw a link for their All New Credit Card.

Curiosity got me so I clicked the link............



Need a helping hand with those little extras? From groceries and petrol to broken fridges and unexpected bills – Argos has teamed up with XXXXXXX XXXX to make your budget a little more flexible.
Apply now and you could get a credit limit starting from £150 - £1,000. And because the NEW Argos Credit Card can be used in over 24 million outlets worldwide, you can use it at all your favourite places.


Even more curious I continued to read on wondering who was issuing it. Then came the first clue..........

Anyone recognise this speil from a familiar company?...........

• Get an easy-to-manage credit limit starting from £150 - £1,000
• On your 4th statement, you could get a credit limit increase Conditions apply, see below.*
• And another on every 4th statement, up to £3,000. Conditions apply, see below.*
  We'll never increase your credit limit without asking!

Anyone got it yet?

No, well here it is, Drum Roll please..................

More Drum Rolls, loud laughter and rapturous applause please

:T:rotfl::rotfl::T

Here it Comes.....................

:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

As a responsible lender, Vanquis Bank will seek to provide you with a Credit Limit that reflects your needs and your ability to manage your account. To be considered for a Credit Limit Increase, you should make use of your Credit Limit without going over limit and make your payments on time. By using your Credit Limit and keeping your account in order, you demonstrate to us that you can manage your account well and can handle the monthly repayments. Please also keep your other accounts such as credit cards, loans, catalogues, mobile phone and mortgages in order and don’t take on too much debt elsewhere. Please remember this is just a guide and meeting this criteria does not guarantee you a Credit Limit Increase.
Important: Credit is subject to: status; telephone contact; confirmation of name and address; not already holding a credit card or loan issued by Vanquis Bank; no reasonable suspicion of fraud, and is only available to UK residents who are at least 18 years of age and are not legally restricted from obtaining credit e.g. because of bankruptcy. Please read the Summary Box and Terms and Conditions on our website for full financial details. Argos Credit Card is issued by Vanquis Bank Limited. Vanquis Bank can be contacted at its registered office at No. 1 Godwin Street, Bradford, West Yorkshire BD1 2SU. Registered number 02558509. Consumer Credit Licence number 532364. Vanquis Bank Limited is authorised and regulated by the Financial Services Authority. In relation to the Argos Credit Card, Home Retail Group Card Services Limited (which is part of the Argos Group) acts exclusively with Vanquis Bank Limited. Argos Card, Royal Avenue, Widnes WA8 1AL. Registered Office: Home Retail Group Card Services Limited: Avebury, 489-499 Avebury Boulevard, Milton Keynes, Buckinghamshire, MK9 2NW. Registered in England no. 04007072

Now promise me you don't all apply at once and crash their systems

InsideInsurance

Given target markets Vanquish and Home Retail Group are fairly good matches for each other.

obay

Argos don't do Credit checks on you, as the searches don't show on your account, yet they still put the account on your file...

Anyways, with my argos card I always manage to pay as much as I can each month.. and I've just paid of a lump sum yesterday due to the rediculess interest rates...

RichL74

Vanquish - if thats a deliberate typo then very good

obay

Because I already have an Argos card, does this make me even more elligable for these offer? Because I already have an account with them that I pay up to date?

MrSilk

obay wrote: »

Because I already have an Argos card, does this make me even more elligable for these offer? Because I already have an account with them that I pay up to date?

Doubt it would make a difference to be honest

john1002

read the small print as you dont qualify if you already hold a argos credit card, store card though you might be able to

john

Simon7685

Should just point out for clarity, this is the Argos Credit Card and not the Argos Account Card. The Argos card is issued by Argos (Home Retail Finance Group) and can only be used in Argos or Homebase.

The new Argos Credit Card issued by Vanquis can be used everywhere that accepts credit cards.

RichL74

I don't know why having a store card affects you but there you go.

Curr946

so... us store card holders will still get the 0% BNPL deals?

RichL74

Well yeah can't see why not its two seperate things.