Even most credit cards for bad credit come with some restrictions. People with poor credit scores may qualify, but those who have credit blemishes like defaults or CCJs are often rejected.
These consumers can now get the credit they need with the Granite Visa card from Vanquis Bank. This card helps people with past CCJs begin rebuilding their credit score.
After completing an online application, an instant decision is provided. No waiting for an answer means no need to apply for other cards.
Granite currently features a 34.9 percent variable representative APR. For someone whose credit history contains a CCJ, this is a reasonable rate to pay until the credit rating improves.
Granite offers a benefit that many bad credit cards do not- a rewards program that features thousands of excellent discounts with top retailers.
This card carries no annual fee and one additional cardholder is permitted. An interest-free period of up to 56 days is provided for purchases and free fraud monitoring is included to warn of suspicious use.
Cardholders make themselves eligible for the credit limit increase by making payments on time, staying within their credit limit, and limiting other forms of debt.
Granite Visa is a convenient card to use for telephone and online purchases. It features PIN and chip technology as an added security measure.
As a Visa card, it is widely accepted both within the UK and abroad. With this type of credit card, bad credit is not a restricting factor.
Using the Granite card wisely may help improve the credit score within as short as one year.