Get a First Chance or Even a Second Chance with the Vanquis Abacus Credit Card

It may seem surprising, but there are still many people out there that have never had a credit card. For some, there simply wasn’t a need to have a credit card or they may have never wanted to have one. As society continues to become more fast-paced and technologically savvy, however, the need to pay with plastic has also become greater. In fact, it has become more difficult to make it through day-to-day routines without the help of a credit card.

For those with little credit history, the Vanquiis Abacus credit card is an attractive option. This card is geared toward those with little credit or that have a low income but would still like to take advantage of the conveniences a credit card offers. Those with bad credit or that have had problems in the past can also count on this card to take a closer look at their individual case and provide them with a fair chance to start over with a new credit card. In its efforts to help those that may have difficulty obtaining a traditional credit card, the company has helped over 250,000 people finally put plastic in their pockets.

For someone that has never had a credit card before, the Vanquis Abacus credit card has many characteristics that make it a little less frightening to enter the world of credit. First, the card offers modest credit limits that help prevent snowballing into an unmanageable amount of debt. The company also maintains a staff of friendly customer service agents that work closely with customers to help them if they have account questions or are having trouble repaying their debt.

The Vanquis Abacus credit card also offers free fraud monitoring and additional cardholders can be added to the account free of charge. For added security, the card utilizes the Chip & PIN technology – all for no annual free. For those that pay their balance in full at the end of each billing cycle, they can also enjoy up to 56 days of interest free borrowing with the Vanquis Abacus credit card.

As with most credit cards marketed toward those with little credit or with bad credit, the APR of the Vanquis Abacus credit card is fairly high when compared to credit cards for those with good credit. The typical APR is a variable 39.9%. If the cardholder pays the balance off in full at the end of each billing cycle, however, this interest rate is of no concern. Furthermore, after using the card responsibly for several months, the cardholder will become eligible for other credit cards offering lower interest rates.

Establishing credit or rebuilding credit that has been damaged can be a difficult task, particularly when no credit card company is willing to take a risk on a high risk customers. The Vanquis Abacus credit card provides the second chance many people need – or the first chance everyone deserves – that many cards refuse to offer.