In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews
Vanquis Bank Purchase Credit Card Visa
2.0
★★★★★
Finder score
Representative example:
When you spend £1,000 at a purchase rate of 34.6% (variable) p.a., your representative rate is 34.6% APR (variable).
Account fee
£0
0% interest on purchases
4 months
Interest-free each billing period
Up to 56 days

Our verdict

This card is no longer available, but you can use our review to find alternatives.

If you’re looking to spread the costs of your purchases without running up interest, then the Vanquis Purchase Offer credit card offers just that. Vanquis Bank has released this card specifically designed to help people spread the cost of purchases, with no interest attached for a set period. If your aim is to build a good credit history, you should repay your balance in full before the interest-free period is up. The Vanquis app helps you control your finances by monitoring your transactions and allowing you to make payments. Plus, if needed, you can easily report your card lost or stolen, giving you added security.

If you’re unsure whether you’re eligible for the card and don’t want to affect your credit score, then you can use Vanquis' online eligibility checker - it’s a piece of cake. The checker conducts a soft search, which means your credit score won’t be impacted. If you’re unsure what your credit score is, you can check yours for free with Finder.

Vanquis credit cards can help you improve your credit score if you manage your card well. Staying within your credit limit, paying on time and paying at least the minimum amount each month all help build your credit score. The Vanquis credit card is designed for people with a fair credit score looking to build on it, so you don’t need a perfect credit score to apply. However, your APR and credit limit may vary depending on your circumstances.

Pros

  • 0% interest on purchases for the first 4 months
  • Split large payments into manageable amounts
  • No annual fee

Cons

  • A relatively high APR after the initial offer period
  • Interest on balance transfers
  • Minimum repayment
  • Foreign usage fees

In this guide

  • Our verdict
  • Details
    • Product details
  • Frequently asked questions
  • Your reviews

The Vanquis Bank Purchase Credit Card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to compare similar cards from other issuers.

Details

Product details

Annual/monthly fees £0
Money transfer fee 3% (min. £3)
Foreign usage charge (EU) 2.99%
Foreign usage charge (rest of world) 2.99%
Cash advance fee 3% (min. £3)
Late payment fee £12
Duplicate statement fee £5
Exceeding limit fee £12
Additional card fee £0
Dormancy fee £0

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Your review

Read Terms and Conditions here

The Vanquis Bank Purchase Credit Card is issued on the Visa network (used by a whopping 4.2 billion cards), so you'll be able to use it at more than 100 million merchant locations across more than 200 countries and territories.

What is the Vanquis Purchase credit card?

With the Vanquis Purchase Offer credit card, you get 0% interest on purchases for 4 months. If your application is successful, the card still acts like your typical credit card. You can spend money up to a pre-set credit limit outlined in your credit agreement. You’ll get a bill each month, and you’ll have to pay off at least the specified minimum amount. For example, you could buy that sofa you’ve always wanted and spread the payment over the interest-free period. So, if you make a purchase that totals £400, you can pay back the minimum fee (shown on your credit card statement) – let’s say £100 – each month for 4 months. By the end of the 4th month, you’ll have paid off the card balance and avoided costly interest charges.

Note that once this 4 month offer period expires, the interest rate rises. So, aim to pay off your balance before it ends to avoid additional costs. After the initial interest-free offer period, your Vanquis Purchase credit card acts like a regular credit card, with 56 days interest-free on purchase transactions when you’ve paid off the purchase balance in full and on time. It’s important to note that should you not pay off your balance in time, you’ll be charged interest from the date of your first purchase. Setting up a direct debit to regularly pay off your balance in time can give you peace of mind.

What benefits/features can you get?

The Vanquis Purchase Card comes with a few benefits and features that differ from other credit cards. These features include:

  • 0% interest on purchases for the first 4 months
  • Credit limit between £500 and £1,200
  • Spreading costs of purchases into smaller amounts
  • No annual fee

As with any credit card, using it responsibly can help you build up and maintain a good credit score over time. The opposite is also true – using a credit card irresponsibly can negatively impact your credit score.

Applying for a Vanquis Purchase Offer credit card

  1. Complete the online eligibility soft check on Vanquis’ website.
  2. You receive a decision in 60 seconds.
  3. Vanquis processes your application and lets you know the next steps.

To apply, you must meet the following eligibility criteria:

  • Be over 18
  • Live in the UK
  • Do not have an Aquis, Chrome, Origin, Vanquis, thimbl or Granite credit card
  • Are not currently bankrupt or have an active Individual Voluntary Agreement (IVA)

What do I need to apply for a Vanquis Purchase Offer credit card?

To apply for the Vanquis Purchase Offer Card, you’ll need to provide the following documents:

  • Address details for the last 3 years
  • Job details
  • Contact details
  • An idea of your monthly expenditure
  • Bank account and debit card details

Vanquis app

Vanquis has a mobile app you can download onto your iOS or Android smartphone.

Wave app features

App features:

  • Verify online purchases. Verify online purchases made with your card to prevent fraud.
  • View your transactions. Monitor your credit card transaction history.
  • See up to 12 months of statements. View and download your credit card statements.
  • Make payments. Make payments towards your credit card bill and get an instant update on your available credit.
  • Set up automatic payments. Set up a recurring debit card payment, called a Continuous Payment Authority (CPA), towards your credit card bill.
  • Report your credit card lost or stolen. Inform Vanquis that your card is lost or stolen to prevent unauthorised purchases.

Vanquis customer reviews

Vanquis has an “excellent” rating of 4.5 out of 5 on review platform Trustpilot (updated July 2023). Many customers praised the easy-to-use app and accessibility of the credit card for those with a poor credit score.

The Vanquis app has a score of 4.8 out of 5 on the App Store (updated July 2023). Customers commended Vanquis for the security and efficiency of its app.

Customer support information

You can contact Vanquis customer services by phone on 0330 099 3000 with any queries.

Bottom line

As far as 0% purchase credit card interest-free periods go, the Vanquis card is on the shorter end. The HSBC Purchase Plus credit card, for example, offers 0% for 18 months. However, the Vanquis card is designed for people with fair credit and who may struggle to get credit elsewhere. Vanquis also offers an easy-to-use eligibility soft check, as well as easy management of your card through its app, which can be useful. Its excellent customer reviews also make Vanquis stand out from its competitors.

Other 0% purchases deals

Table: sorted by representative APR, promoted deals first
1 - 5 of 30
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
M&S Bank Credit Card Purchase Plus Offer Mastercard
4.1
★★★★★
0% for 20 months reverting to 24.9%
0% for 12 months
(0% fee)
£0
24.9% APR (variable)
1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
HSBC Purchase Plus Credit Card
3.8
★★★★★
0% for 18 months reverting to 24.9%
0% for 16 months
(3.49%, min £5 fee)
£0
24.9% APR (variable)
Discounts and exclusive offers for dining experiences, leisure activities and shopping available through HSBC Home and Away.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable). You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances.
Check eligibility
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. Cashback paid monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
Tesco Bank Clubcard Plus Credit Card Mastercard
4.6
★★★★★
0% for 24 months reverting to 19.94%
21.81%
(3.99% fee)
£7.99 per month
37.7% APR (variable)
5 points per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.94% (variable) p.a. with a fee of £7.99 per month, your representative rate is 37.7% APR (variable).
MBNA 0% Transfer and Purchase Credit Card
4.0
★★★★★
0% for 21 months reverting to 24.94%
0% for 21 months
(3.49% fee)
£0
24.9% APR (variable)
Earn up to 15% cashback on purchases through Smart Rewards at popular retailers.
Representative example: When you spend £1,200 at a purchase rate of 24.94% (variable) p.a., your representative rate is 24.9% APR (variable).
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Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Frequently asked questions

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