Bank Transfer: Payment through Faster Payments to Vanquis will be visible the same evening, at approximately 22:00 - 23:00. They actually increased it to 69. 29 per £100 or 1. 9% when closed. Easy login with your personal passcode. If it was not normal, Vanquis would not have offered it. Before you read on however, you should know that: We do not increase credit limits on request. £200 to £1,500 credit limit. At Vanquis this depends on the APR for your specific credit card. Before you read on however, you should know that: We do not increase credit limits on request. This aims to help you get used to how a credit card account works. We check your. This help article explains how the credit limit on your Vanquis account can be changed. 9% APR, we recommend trying to pay down your full balance every month. 5 The monthly cost of the ROP was £1. If you do. fin. Vanquis has helped over 3 million people (as at Dec 2015) get the credit they deserve. Vanquis Bank Limited registered office: No. Vanquis limit and credit utilisation Hi all, So I got a Vanquis card earlier this year to build my credit history as I'm looking to buy in a year. , your representative rate is 34. * To build your credit rating and to be considered for credit limit increases, use your card sensibly, stay within your credit limit and pay at least your monthly minimum payment on time. I have a Vanquis card with credit limit of £1250. a. We may increase your minimum payment. Freemans accepted me in august and I started off at 200, I haven't been paying in full but I've been paying around £60 a month and so far every month since I've had it its increased by £100! Pretty chuffed considering I've had a 24 studio account for 19 months and my limit is still 305! Also I have a vanquis card all paid up to date for the. but they looked surprisingly low. Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn. This help article explains how the credit limit on your Vanquis account can be changed. Izzy123456 Posts: 70 Forumite. Vanquis Bank offers a credit limit of between £500-£1,000 on its balance transfer deal, £500-£1,200 on its purchase deal, and £500-£1,500 on its credit builder deal. This aims to help you get used to how a credit card account works. Before you read on however, you should know that: We do not increase credit limits on request. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. 16 June 2014 at 1:08PM. Like it should be. Owen_Kent Posts: 270. This means that you can use your thimbl. tAre will give you not less than 30 days' notice if we propose to increase your Credil Limit. 9%. Spreading costs of purchases into smaller amounts. They might think that a £250 limit on a vanquis credit card would be manageable and useful to you (eg if you wanted a card for section 75 protection or something). Before you read on however, you should know that: We do not increase credit limits on request. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. I was surprised especially because she is a. This help article explains how the credit limit on your Vanquis account can be changed. manage your account 24/7 in the Vanquis app, wherever you are. For more information visit To build your credit rating and be considered for credit limit increases, use your card sensibly, stay within your credit limit and pay your monthly. It can count against you if you use a high percentage of your limit. Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward. This means that you can use your thimbl. Your credit limit is the total amount you’re allowed to charge to your credit card at once. This aims to help you get used to how a credit card account works. Representative 34. This aims to help you get used to how a credit card account works. UPDATE In summer 2018 the first refunds were credited to people’s accounts. Started £250 limit 59. On benefits so no problems there but now I've had a text requesting proof of income via secure upload. Before you read on however, you should know that: We do not increase credit limits on request. They do not offer any benefits or rewards but will increase your credit limit after five. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. On first credit cards from Vanquis, the limit will be anything from £100 to £1,500, and it will depend on your circumstances. The OFT Irresponsible Lending Guidance applied to Mr H’s first credit limit increase. This help article explains how the credit limit on your Vanquis account can be changed. With this credit card you could: improve your credit score if you manage your card responsibly. This aims to help you get used to how a credit card account works. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Find the best insurance deals since them and discover what you need to know, whatever your. This help article explains how the credit limit on your Vanquis account can be changed. 11 June 2019 at 3:23PM. (29,728 reviews) Previous 1 1468 1469 Next page. Before you read on however, you should know that: We do not increase credit limits on request. Therefore the Aquis may be more desirable if you want a higher starting limit. Terms apply. Over time, if they prove that they are a responsible borrower, card users are able to increase their credit limit to a maximum of £4000. Make payments on time. Email received 04/10/15 advising credit limit increased and it was now just need to remember to pay it in full every month . Your income is not shown on your credit reports, but the lender will likely have. I have had my vanquis card now for 4 months, each time they send me a statement they have already charged the card with what ever is due, so this month for instance limit was 250, had spent 230 they. How we can help. In February 2018, the FCA (Vanquis’s regulator. i use to have a vanquis card a few years ago and got regular increases, i use to pay the card of in 80% of the times but occasional carried a balance and tried where possible to make more than the minuim payment. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. App works well. Credit Limit Increases: Subject to good account management (e. Although you may notice your available balance has increased in the mean time. 5 percent APR which is variable for different conditions. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Your credit limits. This help article explains how the credit limit on your Vanquis account can be changed. Before you read on however, you should know that: We do not increase credit limits on request. The Vanquis Credit Card has three different versions for its customers. This aims to help you get used to how a credit card account works. At first I used to pay my balance off in full each month but after the 4th month statement when I expected my. Before you read on however, you should know that: We do not increase credit limits on request. Luckily, they accepted the request and refunded the whole ticket amount over 2 weeks ago on 24/3. To build your credit rating and be. This aims to help you get used to how a credit card account works. Registered number 02558509. Are Provident generous when it comes to increasing limits or will they refuse me? The only negative I can think of is that I’ve taken on two other credit cards besides vanquis which are both maxed out - on 0% offers, so I’m not drowning in interest. Vanquis have emailed to say they will increase my limit to £1000 at the end of September. 5% APR (Variable) View Card Summary. This aims to help you get used to how a credit card account works. This aims to help you get used to how a credit card account works. No Increases: We won’t offer you credit limit increases at any time, unless you change your preference Q: What happens if I go over my credit limit? We will send you a text/SMS alert message if you’re getting close to your credit limit. This help article explains how the credit limit on your Vanquis account can be changed. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. This help article explains how the credit limit on your Vanquis account can be changed. The FCA agreed that Vanquis didn’t have to give a refund for the extra interest charged after a customer received that email, on the grounds that the customer could have cancelled the ROP at that point. This guidance says that Vanquis should’ve taken account of whether Mr H was likely to be able to meet his repayments in a sustainable manner, Vanquis themselves promote that the 5th month is when they review your credit limit. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Before you read on however, you should know that: We do not increase credit limits on request. When it comes toward your credit limit, it shoud think about these three different amounts: Credit limit This is the best amount available to use on your credit. It's a good idea to check your credit limit preferences in case you opted out of offers in the past. Helps you stay on top of. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. This aims to help you get used to how a credit card account works. Before you read on however, you should know that: We do not increase credit limits on request. Vanquis Bank can be contacted at its registered office, which is at No. 9%. *Calls to 03 numbers from UK landlines and mobiles are normally included in free plan minutes if available, otherwise they cost the same as calls to 01/02 prefix. Vanquis (watch out!) 18 months ago I received a letter from a company called Vanquis offering me a credit card with an APR of 19. Find out more about different types of credit card like balance. Credit Limit. For example, if your $5,000 overall. No card fees: Vanquis does not charge customers monthly fees to use its cards. But this is unfair. Fix mistakes on your reportSo, a higher credit score will increase your chances of getting approved for a loan or a credit card you want. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Got Vanquis & Cap one credit cards a couple of weeks later both with £500 limit. With Vanquis, the following applies: Debit Card: Payment before midday to Vanquis will be visible the following evening (not the same day) at approximately 22:00 - 23:00. Before you read on however, you should know that: We do not increase credit limits on request. increase in their credit limit and not incur any related fees. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Vanquis emailed offering credit limit increase from £500 to £1250 today so I clicked online to accept it and they asked for income and expenditure details. It comes with 29. Stay in control of your account with online servicing, a mobile app, SMS and email. Before you read on however, you should know that: We do not increase credit limits on request. You can get increases every 4 months, up to £3000, conditions apply * * To be considered for a credit limit increase, please keep all your credit agreements in order by paying on time, making use of your existing credit limit without going over your limit, and not taking on too much debt elsewhere. How to increase your credit limit. Refund on Vanquis Credit Card. Update your contact details. write a review. You can set and control how we communicate with you about your credit limit by calling our automated service on 0330 099 3000*. Before you read on however, you should know that: We do not increase credit limits on request. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. You'll be able to: • View your current balance and available spend. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. I have been offered an increase to £2750 but I don't need it. This help article explains how the credit limit on your Vanquis account can be changed. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. You can’t request an increase, but we’ll let you know when you’re eligible in the app, via SMS or email. 96 followed by a final payment of £107. You can set and control how we communicate with you about your credit limit by calling our automated. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Say hello to better credit, and better banking. Whether you have bad credit or little to no credit history, a Vanquis Credit Card can help. paying off at least the minimum amount each month. Apply now. When it comes to your believe limit, you should think about these three different monthly: Credit limit This lives that limit amount available to use at your borrow. You'll be able to: • View your current balance and available spend. For further details, please refer to your credit card terms and conditions. Representative example: When you spend £1,200 at a purchase rate of 34. Your credit limit. This doesn’t explain why the refunds amounts are so low for most people, but if you had over-limit charges, that article explains how to ask. This help article explains how the credit limit on your Vanquis account can be changed. That's 40% per year, not unreasonable for small amounts and/or for short periods. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. £12 Tracing charge if we have to trace you. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Can I request a credit limit increase? You can't ask for a Credit Limit Increase (CLI), but we'll automatically review your account every month and let you know if you're eligible. So many people with these bad/no credit history cards, seem to be obsessed with limits, that's why so many of them, simply end up with £2k + balances paying £100 off, but being charged £70 interest each month. Hi can I up my vanquis card credit please JA: I understand that you would like to increase your credit limit on your Vanquis card. My wife had a vanquis card which started with £300 limit, within a couple of months they increased it to £1500 and gave her a gold card. 1 Godwin Street, Bradford, West Yorkshire BD1 2SU. This aims to help you get used to how a credit card account works. If we vary your minimum payment we will write to you to tell you. 0. If we vary your minimum payment we will write to you to tell you. Vanquis wanted my bank details before being accepted. With you find out you are eligible, you can then apply with a Vanquis card. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. 1 DON’T GO OVER YOUR CREDIT LIMIT Your Credit Limit is the amount that we have agreed to lend you. It’s fast, secure, and fuss-free. Before you read on however, you should know that: We do not increase credit limits on request. Used regularly, always paid on time, never overlimit. This aims to help you get used to how a credit card account works. I have NEVER cleared my balance, my card is maxed and I have always payed minimum monthy payments. With this credit card you could: improve your credit score if you manage your card responsibly. We review your account and eligibility every 5 months to check if you'd exist eligible since an increase. I have 1 default witch comes off in august but thats it, all other balance's like catalogues and contract phones all paid on time. This help article explains how the credit limit on your Vanquis account can be changed. What you need to do is build a credit history of buying on the card, paying off in full every month after the statement is issued. Around 45 days ago I applied for vanquis credit card online and I have been approved and my credit limit is £1000 card and pin arrived and then tried to activate the card but what I see, they ask me to call customer service to confirm my income then they need 3 month of bank statement and three payslips with my Driving Leinces I sent them. Enter thy card number and select option '5' to select the preferences that best fortsetzen you. 9% (variable) p. Over time, if they prove that they are a responsible borrower, card users are able to increase their credit limit to a maximum of £4000. We are a leading specialist lender in the large and established credit card market and have a strong capital and liquidity position. 18. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. A Vanquis card needs to be about credit building only. Business Insurance. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. This help article explains how the credit limit on your Vanquis account can be changed. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. My OH's interest with Vanquis started at 59. Guidance for new customers or people considering Vanquis. You can also withdraw just the interest you have earned and reinvest the rest of the funds in a new Vanquis Bank Savings product. Representative example: When you spend £1,200 at a purchase rate of 34. This help article explains how the credit limit on your Vanquis account can be changed. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Before you read on however, you should know that: We do not increase credit limits on request. It has two credit card products, both licensed by VISA. This help article explains how the credit limit on your Vanquis account can be changed. , your representative rate is 34. Over time we may increase your Credit Limit subject to you managing your Vanquis Visa Card well. Your code is the last 14 characters after detailed in your letter. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. 1 Godwin Street, Bradford, West Yorkshire BD1 2SU. fin. 9%. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. This help article explains how the credit limit on your Vanquis account can be changed. Rate of interest 26. Help with making payments to your credit card. The cheque contained the text “For and on behalf of Merton Europe Limited”. Representative 29. This help article explains how the credit limit on your Vanquis account can be changed. With interest rates generally over 30% +, you'd be crazy to spend large amounts and leave a balance on it every month. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Our most popular card with over 4 million people accepted. Credit card balance: £130. These include: > What happens if you are late or miss a payment on a credit card? > Can you withdraw cash from a credit card?The interest is high but I love Vanquis, superb with limit increases. This aims to help you get used to how a credit card account works. Date of experience: 16 September 2014. Download and register, or open the Vanquis Bank App. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. indd 2 21/10/2015 14:25:03 28 May 2019 at 7:03PM in Credit cards. It’s free to use and if you win, they’ll. No card fees: Vanquis does not charge customers monthly fees to use its cards. This aims to help you get used to how a credit card account works. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. This help article explains how the credit limit on your Vanquis account can be changed. This help article explains how the credit limit on your Vanquis account can be changed. Your credit limit can rise to £4,000. . We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Although the data provider may log the search it will not be used for future credit assessment purposes. . 21 March 2007 at 2:32PM. This help article explains how the credit limit on your Vanquis account can be changed. Hi everyone, I got my vanquis credit card on 13th nov 2014 and started off with a £250 credit limit. 9%. Vanquis Bank can be contacted at its registered office, which is at No. 9% (variable) p. 07. I went from £250 in Feb'09 to £500 to £1250 to £1500 to £2250 @ 47% at the moment (I know the APR is scary, but never paid any interest (ignoring the 16p min. Having high limits lets you spend more and can be good for your credit scores, but can also make it easier to overspend and rack up a lot of debt. Contact your card issuer to ask it to speed up the reversal or ask for your overdraft/credit limit to be temporarily increased. We'll be in contact soon. get a personalised credit limit between £500 and £1,200. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. If we vary your minimum payment we will write to you to tell you. Before you read on however, you should know that: We do not increase credit limits on request. Keep in wit such: you can't request a credit limit increase; wealth review your account. Vanquis Credit Card. Are Provident generous when it comes to increasing limits or will they refuse me? The only negative I can think of is that I’ve taken on two other credit cards besides vanquis which are both maxed out - on 0% offers, so I’m not drowning in interest. We'll be in contact soon. This aims to help you get used to how a credit card account works. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Registered number 02558509. 1 Godwin Street, Bradford, West Yorkshire BD1 2SU. If we vary your minimum payment we will write to you to tell you. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. An increase in income means you’ll be able to cover an increase in credit card expenses. Make sure to stay within your current limit and make any payments due on time. Aqua credit card customers gave the brand a score of 64% in our credit card satisfaction survey, placing it towards the bottom of our table, coming 28th out of 29 providers. Digitonomy Limited (trading as thimbl. See ROP – the refunds are too small. Learn about the into and exchange of the Vanquis Vintage to help you decide if it's the best credit-builder select by you. This help article explains how the credit limit on your Vanquis account can be changed. This aims to help you get used to how a credit card account works. 1 Godwin Street, Bradford, West Yorkshire. 7 November 2022 at 5:55PM. This aims to help you get used to how a credit card account works. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. We may increase your minimum payment. You just need to talk to Vanquish and explain the situation, once you confirm there is no fraud on the account they will open up the account for activity again. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. 26 February 2015 at 1:20AM Ok before you all say, yes I know they're very high interest, but it's all I'm eligible for currently and I want to start rebuilding my credit. Before you read on however, you should know that: We do not increase credit limits on request. I have a Vanquis credit card with an untarnished record - always pay it off in full each month. Applying to a Vanquis credit card is simply. MBNA might think you could manage a £250 limit from themselves but just not a new card with an extra £2k or so of credit - but they don't give limits out as low as. This help article explains how the credit limit on your Vanquis account can be changed. This aims to help you get used to how a credit card account works. Apologies if not the right place. This aims to help you get used to how a credit card account works. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. 1Aand 2. Most recently we’ve acquired Snoop, a platform which provides data-driven, personalised insights (or. Credit limits for new customers are set at a maximum of £1000 and can be as low as £150. Find out information about credit limits, fees, charges, minimum payment & foreign. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Learn about the ins and outs of the Vanquis Classic to help you decide if it's the best credit-builder cards for you. Vanquis is repaying £168,000,000 to over a million customers who had its ROP (Repayment Option Plan) on a Vanquis credit card since 2003. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. The Zopa credit card comes with a hefty 34. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Credit Builder Credit Card. If we vary your minimum payment we will write to you to tell you. Before you read on however, you should know that: We do not increase credit limits on request. You could probably work out from the figures below EXACTLY when my credit limit was increased! How they have arrived at a figure of £30 refund is beyond me. 29. The Group’s credit card business has been operating since 2003 under the Vanquis brand and has been a key part of our Group since 2013. Is that correct? Customer: Yes please JA: Have you contacted Vanquis directly to inquire about increasing your credit limit? Customer: No JA: Is there anything else the Technician needs to know in order to. Representative. 99%: Cash Withdrawal Fee: 3% or £3, whichever is greater. Representative example: When you spend £1,200 at a purchase rate of 34. This aims to help you get used to how a credit card account works. It's a spiral, that simply just gets worse and worse. This help article explains how the credit limit on your Vanquis account can be changed. 39 trillion. Bottom Line: Customers can use the Marbles card, like other credit-builder cards, to improve their credit history over time. Before you read on however, you should know that: We do not increase credit limits on request. 9% and is still 59. We'd like to apply your credit limit increase by 23rd January 2020 provided your account is being managed well. The Vanquis Credit Card channel is brought to you by Vanquis Visa Credit Card. 4. Credit cards. 9% in August so he opted out and closed the account. Generally, income and expenditure + documentation is requested when Vanquis are making the decision to increase your limit solely on good handling of the account, but need to ensure that they are further lending responsibly. Manage your credit card and stay on top of things 24/7, wherever you are with the Vanquis app. Terms apply. Hi everyone, I got my vanquis credit card on 13th nov 2014 and started off with a £250 credit limit. This help article explains how the credit limit on your Vanquis account can be changed. Before or after the 4th statement is paid? 4th Statement should have been created today, although evanquis has not updated yet and is still showing last months! Looks you are very desperate for credit. FAQs; Search. Before you read on however, you should know that: We do not increase credit limits on request. For some customers, especially those offered an increase within 12 months from account opening. Over time we may increase your Credit Limit subject to you managing your Vanquis Visa Card well. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Representative Example: £2,000 loan repayable over 24 months. I was utilizing it by anywhere from 20% to 90% and paying the balance in full after issuing the statement, so no interest to be paid. A credit mapping for those with bad loans who want to rebuild their account rating. It's a good idea to check your credit limit preferences in case you opted out of offers in the past. To start to qualify for a Credit Limit increase, you should make your repayments on your Vanquis Visa Card and your other credit accounts on time and make good use of but not go over your Credit Limit. There is no annual fee attached to Vanquis Bank’s Chrome. Understanding your credit limit are important when it comes to managing the credit you have. App works well. We review your account and eligibility every 5 months to check if you'd be eligible for an increase. Available balance: £370 (£500 minus £130) How your credit limit is determined. I paid £400 on 16th, however I checked my account this evening and I have 85p Billed Deffered Finance Charges, £12 overlimit and £7. Managing your credit limit As a new customer you get a starting credit limit of between £150 - £1,500 subject to eligibility. Learn about the ins and outs of the Vanquis Classic to help you decide if it's the. Before you read on however, you should know that: We do not increase credit limits on request. Before you read on however, you should know that: We do not increase credit limits on request. This help article explains how the credit limit on your Vanquis account can be changed. We do non increase credit limits on demand. If you do go over your Credit Limit You will incur an overlimit fee of £12 I t could be bad for your overall credit score It could stop you getting Credit Limit increases in the future Credit limit increases for Vanquis credit card customers. Manage your credit card and stay on top of things 24/7, wherever you are with the Vanquis app. Minimum paymentsThe second article is Vanquis ROP – over limit charges not included. Although I would never use £1000 with Vanquis due to the interest rate and my income ratio, it would only benefit my outlook to lenders. Lordon Forumite Posts: 1 Newbie. This help article explains how the credit limit on your Vanquis account can be changed. The first credit card is the Vanquis card, with APR ranging from 39. Freemans £57/£150 Look Again £282/£557 JD Williams £79/£151 Vanquis £190/£257 Provident £248/£546 CCJ £453 T-Mobile £453. This aims to help you get used to how a credit card account works. Follow the instructions to complete your payment. Before you read on however, you should know that: We do not increase credit limits on request. Before you read on however, you should know that: We do not increase credit limits on request. 1 Godwin Street, Bradford, West Yorkshire BD1 2SU. but they looked surprisingly low. Get £20 back in Asda Pounds when you open a new credit card by 5 December 2023, spend £50 and set up a Direct Debit in the first 60 days by 5 December 2023. I decided to go for it and I was accepted with an initial limit of £500. 2 trillion (for a total of $2.