Vanquis Bank Chrome Credit Card review January 2020

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If you’re looking to build or rebuild your credit, then the Vanquis Bank Chrome Credit Card could help.

Finder rating: ★★★★★

Representative example: When you spend £1,000 at a purchase rate of 24.7% (variable) p.a., your representative rate is 24.7% APR (variable).


Representative APR


Account fee

Up to 56 days

Interest-free each billing period


IssuerVanquis Bank
Annual/monthly fees£0
Min. credit limit£250
Max credit limitSubject to status: £1,000
Credit limit noteIncreased to £4K if account held correctly.
Purchases interest-free period (days)56
IncentiveStay in control of your account with online servicing, a mobile app, SMS and email alerts.
Additional cards available1

Expert review

Chris Lilly

Review by

Chris Lilly is a publisher at He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

As the name suggests, “credit builders” like the Chrome card are designed to help borrowers with limited or bad credit to build a positive credit history. Any credit card, used responsibly (staying within your credit limit and paying at the very least the monthly minimum payment on time) will have a positive effect on your credit score, but these specialised cards are generally easier to get approved for, and often come with features designed to help protect and build credit. With the Chrome card, for example, you can schedule text or email alerts and can set up a direct debit to ensure you never miss a repayment.

The downsides of credit builders include higher interest rates, but this card boasts Vanquis Bank’s best rate, and if you pay off your balance in full each month you’ll be able to take advantage of the card’s grace period of up to 56 days of 0% interest on purchases each billing cycle (this doesn’t apply to cash advances).

Expect a low opening credit limit (this is always tailored to the individual), which could be increased after your fifth statement, with further potential increases every five months.

Approval for any credit card will depend on your status. The APR shown represents 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.

Repayment options

When it comes to repayments, you can make manual repayments online or over the phone, or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply for the Vanquis Bank Chrome Credit Card

If you’ve compared cards and decided that the Vanquis Bank Chrome Credit Card 24.7pc Visa is the card for you, it’s straightforward to apply online, and it typically takes around 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as hassle-free as possible.

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  1. Default Gravatar
    December 29, 2019

    With Chrome Credit Cards, do you pay interest on every purchase as soon as it is made? So if one spent £20 and the rate was say 30%, by the end of the month would I have to pay £26 rather than £20? The terms and conditions appear to say so but rather obliquely!

    • Avatarfinder Customer Care
      January 2, 2020

      Hi Sophia,

      Thanks for your question. As with most credit cards, the Chrome Credit Card has a monthly billing cycle, and any purchases made within a billing cycle only need to be repaid by the due date listed on your credit card statement.

      In the case of the Chrome Credit Card, this means you can get up to 56 days interest-free on any purchases you make using the card, as long as you pay off your balance in full each month. For example, say your credit card has a billing cycle that begins on the 1st of each month and ends on the 30th. The payment due date for any purchases made in this period will be the 26th of the following month.

      This means for any purchases you make at the start of your billing cycle (the 1st of the month), you’ll have up to 56 days to pay them off without being charged interest. Even if you make a purchase at the end of your billing cycle (the 30th of the month), you’ll still have up to 26 days to pay them off without interest. Please keep in mind that you can only take advantage of the interest-free period if you always completely pay off your credit card statement each month.

      If you’re responsible with your credit card spending and managing your payments, you can continue to use your credit card without ever paying interest.

      You can also find out more about interest-free periods work in our guide.

      I hope this helps, but please let me know if you have any other questions.



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