So, are you having problems with your credit score? It’s completely normal and most people have at least once in their life. That is because the credit score is something that changes a lot of things in the financial world. 

For an example, if you don’t have a good credit score, getting a credit card or a loan is way more difficult than before. Which is why when that happens, it is normal that companies come together to create credit cards to help you go through that tough time. 

And one of those credit cards is going to be the Vanquis Bank Visa Card. And of course, today we are going to tell you everything about it on how you can actually benefit yourself from it and what to expect on the card itself. So if you’re interested, let’s take a look. 

Why we recommend the Vanquis Bank Visa Card 

Now, why we recommend this credit card might sound obvious for some people. You might think that it’s only because it can help you build credit, but it’s not only because of that. Of course, it is also because it helps to build credit, but the card itself is really good. 

When it comes to credit cards for building credit, it is very common for the card to have little to no benefits, not that many features and being just like a plain card with high fees. And that can be really bad for you and annoying too. 

But this one not only will help you build the credit but gives you a lot of benefits. You can keep track of your credit score. You also have a good credit limit to use, and you can use the app of the card to manage anything that you have. 

What can I use the credit card for? 

Then we have the main users. To be honest, you would sound a bit silly if you put the menus to be for building credit. But we already put that above, so we won’t really go too deep in the building credit characteristic of the card. 

But just so you know, one of the main uses is for that matter, now it has other uses. Of course, one of them is going to be that you can use it in your daily life. Actually using in your daily life, the credit card will make your credit score go higher way faster because they’re going to be using it more frequently. 

Other things can be like if you want to buy something with your credit limit, it’s actually very good too, because having your credit limit being used means that you can report on time and if you repay it on time you can have a better score. 

Credit card advantages 

So many things that you must be aware of, and one of the most important ones is going to be the benefits that you can find down below. We bring you a list full of them. 

• Start with a credit limit tailored to you 
• Seamlessly manage your account with the Vanquis app 
• Representative 34.5% APR (variable)
• check your eligibility with no risk to your credit score 
• get a decision in around 60 seconds 
• receive a personalized credit limit between £500 and £1,200, subject to affordability 
• easily manage your account with the Vanquis app, 24/7 
• add your Vanquis card to your phone’s wallet with Apple Pay or Google Pay 

Credit card disadvantages 

And of course, having a list with all the benefits, it is also important for you to learn that we have also negative sides of the credit card, which can impact a lot your experience. Let’s take a look. 

• High APR 

How is credit analysis carried out in the Vanquis Bank Visa Card 

What is it that the credit analysis makes you think about the card, makes it more appealing or no? Well, don’t worry, with this card, it’s going to be a bit different. Now, the process of the analysis is going to be the same as always. You apply for the card and you have some documents. 

You send those documents to the company, and they start to analyze your credit history with the help of your documents. But what happens next? After that, you’ll be able to get your credit score. But the thing is, you don’t really need a big credit score since this card is to build credit. 

After you actually get the credit score too, you can keep track of your score to make sure that it is going higher the more you actually do with the card. So we must say it is pretty fast, easy and pretty nice in the end. 

Is there a maximum and minimum credit card limit? 

Now, what about the minimum and maximum amount that you can have with this credit card? If you don’t know, every credit card is going to have something called a credit limit, and the credit limit will be different from every card, this being one to build the credit, you might think that you don’t have one. 

But you actually do, you have a minimum of $500. But then you will also have a maximum of $1200. So it is a nice range, and although it is not the highest amount you can get, it’s actually pretty good for a credit building card. 

Do you want to request? Learn how to get the Vanquis Bank Visa Card right here 

So, are you excited to finally get this card? We know that it might have taken some time for you to actually warm up to it, but believe us, the more you learn, the better. If you click down below, you’ll be able to go to the second part of this article, where we will explain everything.