Vanquis Bank

Business Details

Your Trusted Financial Partner in Bradford

Vanquis Bank was founded in 1880 in Bradford by Joshua Kelley Waddilove, a preacher and insurance agent, who pioneered a system of vouchers for essential goods repayable in weekly instalments. Today, we serve over 1.7 million UK customers with a range of credit cards, savings products, and financial tools designed to support diverse financial needs. Our approach prioritises accessibility, offering credit solutions for individuals with varying credit histories and innovative tools like the free Snoop app to help users manage spending, track credit scores, and build savings. We operate under the Vanquis Banking Group, which includes Moneybarn for vehicle finance and Snoop for money management.

Our commitment to responsible lending and customer-centric services distinguishes us from traditional high street banks. We focus on empowering customers through financial education, flexible products, and technology-driven solutions. Our foundation invests in community initiatives to create life-changing opportunities. With headquarters in Bradford, we combine over 140 years of experience with modern financial solutions to support customers in achieving their goals.

Services

Credit Cards Savings Accounts Vehicle Finance Personal Loans Second Charge Mortgages Snoop App

Highlights and features

We serve over 1.7 million customers with tailored financial solutions.
Our credit cards cater to diverse credit histories, including bad credit.
The free Snoop app helps manage spending and build credit scores.
We offer fixed-rate savings accounts protected up to 85,000 by the FSCS.
Our vehicle finance through Moneybarn supports responsible lending for used vehicles.

Associations and certifications

Prudential Regulation Authority
Financial Conduct Authority

What people say

Easy credit approval Helpful Snoop app Flexible savings options Support for bad credit Transparent fees

Website

Update Listing

Services

Credit Cards

Vanquis offers credit cards designed for various credit profiles, including credit builder, balance transfer, and bad credit options. Our cards provide flexible credit limits and APRs tailored to individual circumstances. Through the Vanquis App, customers can manage payments, track spending, and monitor credit scores in real time.

Savings Accounts

We provide a range of savings accounts, including fixed-rate, notice, and cash ISA options. These accounts offer competitive interest rates, with protection up to 85,000 by the Financial Services Compensation Scheme. Our savings products cater to both first-time savers and experienced investors.

Vehicle Finance

Through Moneybarn, we offer vehicle finance for used cars, motorbikes, and commercial vehicles. Our Conditional Sale agreements allow borrowing from 4,000 to 35,000 over 3660 months. We specialise in supporting customers with non-perfect credit histories, including those in IVAs or with CCJs.

Snoop App

The free Snoop app helps users track spending, set budgets, and improve credit scores. It offers bill alerts, tailored money-saving tips, and seamless integration with Vanquis and other bank accounts. Snoop is accessible to all UK users, regardless of their banking provider.

Second Charge Mortgages

Interbridge Mortgages provides second charge mortgages for homeowners needing additional funds. Loans range from 15,000 to 500,000 over 530 years, with fixed or variable rates. These mortgages are secured against property and are ideal for home improvements, debt consolidation, or major life events.

Questions

What credit cards does Vanquis offer for bad credit?

Vanquis offers credit builder, balance transfer, and tailored bad credit cards with flexible limits and APRs.

Are savings with Vanquis protected?

Yes, savings are protected up to £85,000 by the Financial Services Compensation Scheme.

How can Snoop help improve my credit score?

Snoop tracks spending, sets budgets, and provides tips to manage credit responsibly, aiding score improvement.

What are the eligibility criteria for Moneybarn vehicle finance?

Applicants need a UK driving licence, monthly income over £1,000, and must be aged 20–75.

Can I get a second charge mortgage with Vanquis?

Vanquis partners with Interbridge Mortgages to offer second charge mortgages for homeowners needing additional funds.

Reviews (6)

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Sebastian M.

Nov 27, 2021 Report

This guys are a scam they keep adding interest on my account for no reason and I am always up to date with my payments.

Simon Williams

Sep 27, 2021 Report

Never had a problem with vanquis, interest is abit high but the service for me was good. I closed my account because I was clearing all my cards again no issues will use in the future if i need to.

Rachel Winter

Jul 31, 2021 Report

Well not too sure where to start. Its taken me a while to write this.
Mid Covid 2020 my hours were significantly reduced at work, i had a daughter and a mortgage and of course general house hold bills to make. Like many I was in a state of panic and knew I had to try my best to manage everything. I started contacting the people that knew were able to offer some support with payment holidays etc. Vanquis being one of them, I requested a payment holiday for just the 3 months. I was trying to reach them every day out of desperation for help. I couldnt get through on the phone because they initially

Funda Dumlupinar

Apr 08, 2021 Report

Not a good bank at all. When you communicate with them it doesn't feel like you are talking to a bank but rather bunch of arrogant unprofessional. I called them for a simple bank transfer, I thought it would take few minutes with some security questions but ended up 45 mins on the phone trying to answer rather personal questions such as where will I spend my money on (??) and who is the transfer is for (??) and so on.. and he told me if it was towards paying a bill he would not able to process the transfer!! What??! I thought that was very odd. Far too many questions for a couple of hundred pounds

G. Mohi

Nov 28, 2020 Report

This company belongs to peaky blinders, you shouldnt apply for any credit with them. Financial authority should look into their business reviews. I didnt exceed my credit limit and they are charging me 12 over limit fees!! What the hack, where do you get this approval!! Also the interest rates of change looks very doggy. Please stay away from them. Over the phone they say different interest charge but when you get the card you will see different rate of interest. No regulation
FCA should look into their business model.

Jacqui Mckenzie

Oct 27, 2020 Report

Avoid at all costs. Completely misleading offer, confusing correspondence and if you're not careful, their practices could affect your credit rating. In this day and age, cards like these are not needed. The traditional banks will have a solution for you whatever your circumstances.