Item: Vanquis Bank Credit Card
Rating: 3

Guest's review of Vanquis Bank Credit Card

“Gone over limit”

★★★☆☆

written by on 23/11/2013

I have loved my vanquis card until TODAY. I pay the minimum amount every month and check my balance almost weekly. At the beginning of last week I checked my balance, I spent half of what was available. I rang and checked it this morning to find that the interest had taken me over my credit limit so I rang straight away to make the necessary payment.
I was due a credit increase on the 27th of this month which I was relying on to see me over the festive period. I asked them if going over my credit limit (although not by spending and I MUST add that I was only over for 2 days) would affect my increase? I was shocked and sickened to find that my increase has automatically been cancelled.
Is it worth my while ringing the relevant department on Monday?

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Milan1602's Comment

Written on: 30/11/2013

Hi I would say no as they work on an automated system. So the chances of the increase happening becuase of what happened is slim. Unless a line manager would be willing to override it however I doubt they would do that . Sorry couldnt be anymore help

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Girlie1112's Comment

Written on: 07/03/2014

Why apply for and use these type of cards if you know you cant afford to pay the balance of each month or if not, at least twice the minimum payment. Did you not check the APR.

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Misselaineious8's Comment

Written on: 15/01/2014

Hi, I think this might happen to me too. I have gone over my credit limit by 30p, ( as I withdrew cash and thought the fee got deducted at next statement not immediately) and spotted this yesterday .... the same day I received a letter telling me about a limit increase.
I've paid a few pounds to being me back under the limit, but am now thinking I'll miss out.
Did they say when you might be eligible again? Can I ask if you were over your limit by much more than 30p?

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Girlie1112's Comment

Written on: 07/03/2014

Never ever use a credit card to draw cash! It also shows on your credit file and other lenders may think you are desperate for cash.

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Angryrobjack's Comment

Written on: 01/01/2014

Paying the minimum payment is very dangerous,the interest along would amount to nearly the minimum payment amount! As for going over you're credit limit that is your own stupid fault.Furthermore, Vanquis will never increase your limit as a result! It seems to me maxing up your limit gives the impression your irresponsible and credit hungry! Personally, pay more than the limit for example, if your minimum payment is five pounds three would be interest,so I would suggest you pay at least fifty to sixty per month.

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Gone over limit

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Guest's review of Vanquis Bank Credit Card