Vanquis cards are no frills in comparison to other cards, so you won’t get any fancy rewards. The APRs are high and range from 24.7% to 59.9% but there’s no annual fees. The cards are designed to help you build credit and keep things simple.
A credit builder card might not be very exciting when you compare them to the reward and low APR credit cards, but they do serve a purpose – which is to help you get back on track.
Like with any credit card, you should always aim to pay off your monthly balance in full and if you can’t then you should pay off at least the minimum – and always make sure your payments are on time. The last thing you need is to be hit with a late payment fee (which could worsen your credit score further). So if a credit builder card is what you need then we can help you compare them – use our credit building credit card comparison service today.
All Vanquis credit card details are based on information provided to comparethemarket.com on 27 October 2016.