Purchase Credit Card

 

The key info

• Enjoy 0% interest starting from your first purchase.
• You could get 3 or 6 months of interest-free spending from your account opening date - subject to eligibility.
• You must spend within your offer term to qualify.
• Any new purchases made after your offer term will be charged interest at your standard variable interest rate.
• Get a personalised credit limit between £250 and £3000.

 

Representative
39.9% APR (variable)

Your APR, credit limit and promotional offer may vary based on your circumstances.

 

 

Check your eligibility

 

 

 

 

 

Check your eligibility

How does a Purchase Credit Card work?

A Purchase Credit Card lets you buy now and pay later with no interest for a set time. It’s a smart way to spread the cost, especially for those big purchases.

 

These cards can help you manage your payments at a pace that suits your budget and financial goals. They can also be a good option if you’re looking to get familiar with your credit card without the risk of mounting interest during the interest-free period.

 

Don’t forget, you’ll still need to make your minimum repayments during the promotional offer window. So, keep an eye out for your monthly statements to see how much you need to pay.

 

You can check your balance, make payments and get up-to-date account info in real time through the Vanquis app.

 

What happens at the end of my offer period?

When your offer period ends, any outstanding balance will be charged at your standard variable interest rate.

 

The more of your balance you repay before the end of your offer period, the less interest you’ll pay.

 

 

Check your eligibility

 

Who’s this card for?

Our Purchase Credit Card gives you more flexibility with your finances during the 0% interest period. This feature could be useful if you’re looking to make a big purchase and want to split payments over a longer period of time.

 

The Purchase offer is time limited, so it’s a good idea to check you can manage your finances effectively.

 

If you’re looking to build your credit score, you may want to look at our Credit Builder Credit Card instead.

 

Like the look of the Purchase Credit Card but also want to transfer over a balance from an existing credit card? Check out our Balance Transfer and Purchase Credit Card.

 

Interest-free purchases FAQs

Q: Will a Purchase offer improve my credit score?

Using a card with this feature can improve your credit score, the same as with any other credit card. If you repay your debts on time and keep to your credit limit, you can build up a positive credit history.

 

Q: What’s the difference between a regular credit card and one with a Purchase Credit Card?

The Vanquis Purchase Credit Card works like a regular credit card but with an extra feature. With the Purchase offer, you can make interest-free payments for a limited period (as long as you make the minimum monthly payments and stick to the other conditions).

 

Q: What’s a credit purchase?

A credit purchase is when you pay with a credit card and not through a different method - like cash, cheque or debit card. Don’t confuse this with the ‘Purchase offer’ which is a time-limited 0% interest period for this card specifically.

 

Q: Can I ask my credit card provider for 0% interest?

Terms and conditions vary between providers and products. But generally it’s up to a provider to approve special requests and it’s unlikely they’d have to agree to them. If you’re struggling to repay your debts, we’re here to help – check out our advice for existing customers here.

 

 

 

 

 

Check your eligibility