Vanquis Credit Card

aws1994

Hi.

I'm new here, so firstly pleased to meet you all!

I have just received my Vanquis Credit card and have just made my first purchase (£200). I am planning to pay it off over 2 months but my question is as I have made the purchase today, when will I receive my first statement and when will my payment due date be if anyone can help?

Thank you in advance and have a great day!

maxximus75

This will be determined by your statement creation date.


When you receive (or is shown online) your first statement, it will show a payment due date.


If you pay all of the balance shown on the statement before this date, you will pay no interest.


After this..... you will start to accrue interest.

Ben8282

It is not possible for anybody here to know when your first statement is due. If you call Vanquis they may be able to tell you.

SnowTiger

aws1994 wrote: »

Hi.

I'm new here, so firstly pleased to meet you all!

I have just received my Vanquis Credit card and have just made my first purchase (£200). I am planning to pay it off over 2 months but my question is as I have made the purchase today, when will I receive my first statement and when will my payment due date be if anyone can help?

If you register with their online service, eVanquis, it may tell you when your statement date is. Maybe not, though, as it will be your first statement.

Alternatively, call them and ask when your first statement will be produced.

A payment to Vanquis is due about three and a half weeks after the statement date: 25 or 26 days.

Although it's worth remembering that interest is accruing daily - the sooner you pay the less interest you pay. You can make as many payments as you wish towards your balance, so you can thrown whatever spare cash you have at it as and when.