Vanquis balance transfer offer

Wmg014

Hi, I recently took out a vanquis card as it was on my clearscore offers saying I could have 9montjs interest free on balance transfers, I've got a few hundred on another card so seemed like a good idea.

Just got the card, none of the paperwork with it says anything about an interest free period and the app won't even let me do a balance transfer at all.

Just called them and they said I have to wait to be offered a balance transfer period as my card is new.

Doesn't seem very fair considering that's the whole reason I took the card and wouldn't want it otherwise as I have another card with a lower interest rate.

Anyone have any experience of this? They couldn't give me any idea of timescale, if it's a few days/a week then it's not really a problem but if it was just a lie to get me to take out the card and they might not even offer me the balance transfer then I'll just cancel it 

Ebe_Scrooge

Clearscore cannot possibly know that you'll be accepted for any offer.  They may well say that you're "likely" to be accepted, and may very well make the wording a little ambiguous, especially if they receive a commission for promoting a certain card.  But it's not until the card issuer themselves have done a hard search on your file that they'll decide whether or not to offer you a particular promotion.

For what it's worth, it's not at all uncommon for people to be offered a lesser promotion than that which is advertised as the "representative" promotion.

cymruchris

Buy your next shopping on your Vanquis card - then pay it off in full - that might encourage the offer to trigger. I still have a Vanquis card (my first credit card) and usually get sent transfer offers or transfer texts at least once a month. Bear in mind the transfer fee and duration of offer period to ensure you can get yourself all paid off in the time given, as the card does have a fairly hefty APR. (How does it compare to your existing card?)

Wmg014

It's worse in Apr terms than my other cards, I have a few but only one with any balance on it. Hence it being completely not needed at all unless I get the interest free period, I'll try using it for something and clearing it off otherwise I'll just cancel it 

MrFrugalFever

You do have a cooling off period in which you could exercise and close the account should you not be happy. I have a BT offer on my Vanquis card and that is 9.9% for 6 months with no transfer fee currently. There’s also a money transfer offer but it says to call them for that.