Bankrupt to Excellent Credit rating with this card

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★★☆☆☆
2.3 / 5
35% of users recommend this
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  • Customer service

  • Value For Money

Guest's review of Vanquis Bank Credit Card

★★★★★

“Bankrupt to Excellent Credit rating with this card”

Written on: 27/06/2013

Got this card about 2 years after opting for bankruptcy due to unmanageable levels of debt and ludicrously unhelpful lenders.

I went from a £500 limit up to £1000 in 4 months, and then up to £1750 4 months after that.

I use it as my "Spending Money" card throughout the month, and then pay then entire thing off in full at the very start of the billing cycle.

Once a month I check my credit report, and since getting this card, it has steadily risen from the doldrums of BAD up to a fluctuation between GOOD at the end of the month just before paying it off, and EXCELLENT (980+ score) about a week after paying it off in full.

Used wisely, this card can do wonders. Just fear the 39.9% APR, And never plan to have a rolling debt on this card, about you cannot go wrong.

  • 1 year and over

    Used card for

  • No

    Loyalty scheme

  • Customer service

  • Value For Money

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Dantheman3's Comment

Written on: 03/07/2013

i wish mine would go up a bit,went from 150 to 550 from december and not had any more since,always paid well in advance,always well over min payment

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Escape1979Uk's Comment

Written on: 04/07/2013

Mine fluctuates quite a lot, depending on the time of the month that I check my score.

Where this is the only line of credit I have, if I check at the end of the month before I have paid the balance, my total used credit is considered very high, dropping my rating like a stone.

Try checking a week or so after you have paid to give the decrease in utilised credit a chance to update.

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Dantheman3's Comment

Written on: 04/07/2013

i mean my credit card limit not my score lol , not intrested in scores at all,just think im a good customer for vanquis and dont get the limit raised much

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Girlie1112's Comment

Written on: 07/03/2014

To get an increas, you need to spend on the card regularly and pay balance off in full, within a year you will have £3000 credit limit.

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Kelvinknowsbest's Comment

Written on: 07/06/2014

So you go bankrupt,then apply for credit,people like you don't deserve a second chance! It's a pity your so called spending money didn't go towards your creditors. All you had to do is go to the citizens advice or go to a solicitors ever of them would of advised you. Oh and a score of 980 means nothing try apply for a mainstream lender and you'll be declined,simply because your bankruptcy will still be showing for at least two more years!!

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Girlie1112's Comment

Written on: 07/03/2014

Well done! happy for ya!

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Nickski2013's Comment

Written on: 19/07/2013

You just have to work for them!
They are the worst company ever!

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