Vanquis - it's going ok

owlet

Well, I must be doing something right, I started off in March last year (discharge date) with a £500 credit limit & I've had several limit rises up to £1750 & a gold card a few months ago (lucky me - a letter on very posh paper!).
I've just had another email saying they are going to increase to £2500 in four weeks time!

I only use the card for odd bits each month & every so often let a balance roll over to the next month. I primarily keep the card for any vet bills (that will then be paid by insurance) so a higher limit will be handy.

Just thought I'd post something positive. Mind you Capital one have only given me one small increase - tight wads!

A4445

That's good news

I started to rebuild last year. Started with Capital One they gave me £1500 straight away. Then barclaycard initial £400 and that increased to £800 after 5months, I was able to upgrade to the freedom rewards card after 6months. I did get a vanquis card last March £500 I've not had it 4months yet so I don't expect any increase for a few more weeks.

Brandnewstart79

I'm still undischarged and i had a letter through the post in a posh envelope saying that i have been preliminary accepted for a Vanquis and a credit limit from £500-£1500. Don't understand how they can offer an undischarged BR something like that?

mwarby

Nothing stopping them legally, and lots end up running a high balance which at their interest rate is profitable

Helpmeoutofthismess

Capital one must like you more than me, I've had mine for 18 months now but still on crappy £200 limit 😓

H x

A4445

Helpmeoutofthismess wrote: »

Capital one must like you more than me, I've had mine for 18 months now but still on crappy £200 limit 😓

H x

I was shocked when it was accepted @ £1500 I actually have 2 cards issued by them both cards the same limit. Neither have been increased but not bothered I always pay in full each month. I'm gonna call them soon as you can merge 2 cards into 1.

mwarby

Helpmeoutofthismess wrote: »

Capital one must like you more than me, I've had mine for 18 months now but still on crappy £200 limit 😓

H x

Capital one were generous with me too and I've got a defaulted(partailly satisfied) debt with them still on file due to IVA. Aqua raised my limit after 6 months, but vanquis haven't adjusted it at all in 18 months.

Nikkisun

I was discharged in September but Vanquis turned me down for a credit card

SPELLKASTER

Helpmeoutofthismess wrote: »

Capital one must like you more than me, I've had mine for 18 months now but still on crappy £200 limit 😓

H x

I'm the same.

I asked Capital One for a credit increase and they declined me!!

I'm stuck on £200 which is not worth the toss!!

Brandnewstart79

Hi which ones would you recommend to get as I'm discharged in August and want to start rebuilding my credit rating as quickly as possible.

tigerfeet2006

Brandnewstart79 wrote: »

Hi which ones would you recommend to get as I'm discharged in August and want to start rebuilding my credit rating as quickly as possible.

Vanquis and Capital One and I think Aqua are the ones to try.

Those that were turned down/on a low limit, have you cleaned up your credit files?