Vanquis Bank Balance Transfer + Purchase Credit Card

4.0

OUR RATING

Representative APR

37.5% APR (variable)

Purchases

0% for up to 12 months then 37.5% (variable) p.a.

Balance Transfers

0% for up to 12 months, then 37.5% (variable) p.a. (2.9% fee)

Account Fees

£0

Representative Example:

At an assumed credit limit of £1,200, with a purchase rate of 37.5% (variable) p.a., most accepted customers get a rate of 37.5% APR (variable).

4.0

OUR RATING

Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.

Our Verdict

The Vanquis Balance and Purchase card offers up to 12 months of 0% interest on both balance transfers and purchases, subject to eligibility. After the promotional period ends, a higher APR applies, so it's important to repay the balance in full each month to avoid interest charges.

Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.

Product Features & Benefits

Issuer	Vanquis Bank
Network	Visa
Primary Category	Credit Building
Loyalty Scheme	None
Incentive on opening	Get 0% interest on balance transfers and purchases. 0 interest is available for up to 12 months, depending on your eligibility. Balance transfers must be made within 60 days of account opening to benefit from the 0 interest offer.
Cashback/Rewards (if applicable)	No cashback scheme
Account Fee	£0
Purchases	0% for up to 12 months then 37.5% (variable) p.a.
Purchases Interest Free Period	56 days
Balance Transfers	0% for up to 12 months, then 37.5% (variable) p.a. (2.9% fee)
Balance Transfer Fee	2.90%
Cash Advances	44.95% (variable) p.a.
Minimum Credit Limit	£ 250.00
Maximum Credit Limit	Subject To Status: £4,000

Fees & Charges

Account Fee	£0
Late Payment	£ 12
Returned Payment	£ 12
Exceed Limit	£ 12
Duplicate Statement	£ 5
Replacement Card	£ 5
Trace Fee	£ 25
Cash Withdrawal Fee	3%
Cash Withdrawal Minimum Charge	£ 3
Foreign Usage EU	3%
Foreign Usage World	3%

Application Requirements

Availability	Available to new customers. Must not already have an Aquis, Chrome, Origin, Vanquis, thimbl or Granite credit card are not currently bankrupt or have an active Individual Voluntary Agreement (IVA)
Minimum Income	£ 0
Minimum Age	18
Residency	Permanent resident in the UK.