Registered in England & Wales. Discover how an Aqua Advance card could help you. Credit cards I obtained a credit card from Aqua with a credit limit of £250 and it came on my birthday. SCOTT NELSON August 07, 2019. Credit Cards . An in-depth review of the Aqua Credit Card application process Write off debt now . Company No: 3736872. The registered office for these companies is 7 Handyside Street, London, N1C 4DA. The Halifax Clarity Credit Card is a very good card for travel use. American Express Reduces Welcome Bonuses on Some Cards: Are They Still Valuable? They form part of the NewDay group of companies. Representative (variable) Get Aqua Classic benefits, plus. Read our review to see how it compares to other options. Aqua will consider you if you've/you're: Aqua Advance Interest Rates: As a credit builder card, interest rates are higher than average, starting at 34.9% APR for purchases. You can use the Special Requests box when booking, or contact the property directly with the contact details provided in your confirmation. The Aqua Advance Credit Card has all the features you would expect from an Aqua card, with the added bonus of the ability to reduce the card’s APR over time. Advertiser Disclosure: NimbleFins is authorised and regulated by the Financial Conduct Authority (FCA), FCA FRN 797621. Advanced Care is committed to bringing you the best credit card offers. I would like to know how people get the increases they do. The card does require applicants to be aged 18 or over and a UK resident. VAT Number: 188035783. Prior to NimbleFins, she worked as an investment professional and as the finance expert in Stanford University's Graduate School of Business case writing team. Find helpful customer reviews and review ratings for aqua Advance credit card at Amazon.com. With free text reminders, no FX fees and the chance to lower your interest rate by 5% each year for 3 years, the Aqua Advance is a solid credit-builder card. Aqua offers a personalised approval service and will consider your application even if you are self-employed, unable to prove a regular income, have had a county court judgement (CCJ) (other than in the past 12 months), work part-time, are a student, are new to credit, have been turned down for credit in the past or are on a lower income. By: Kate Anderson | Updated: 16th December 2020. , I said no. I reported daily on the developments of the 2008 financial crisis and beyond, keeping up with the changing financial landscape and providing insights to all the major banks in the UK. The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc. Quick Takeaway: Those with better credit ratings will probably be better off with the Halifax Clarity card, as it won't charge a fee on your ATM withdrawals and sports lower interest rates. Aqua specialises in lending to borrowers with a poor or limited credit history, yet its rates start at 37.9% APR - well above average even in this sector. The Aqua Advance is a credit builder card with two stand-out features: no FX fees on transactions made overseas and the opportunity to lower your interest rate from 34.9% to 19.9% (variable). Aqua Advance Credit Card The Aqua Advance Credit Card includes many of the features that make other Aqua cards great for those looking to build or rebuild credit. One solid feature is that your interest rate might drop by 5% a year for three years, potentially getting to as low as 19.9%. There are even customer loyalty payments. MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. ), Game Of Loans: why it pays to plan for the future, How to get student loan repayment help during Covid-19. Over time, this could bring the APR down to 19.9%. As credit builder cards, Aqua cards are targeted at those with weaker credit histories. Plus the card charges a 3% cash withdrawal fee (minimum £3) at home and abroad. right now my credit score is 635 The Aqua Advance Credit Card includes many of the features that make other Aqua cards great for those looking to build or rebuild credit. Reduce your rate over three years if you stay within your credit limit and pay on time; No extra fees on what you spend abroad Should you require advice you should speak to a qualified financial adviser. You will be required to provide personal details, contact details, your residential status, employment status and information regarding your income. Voice your opinion today and hear what 5002 customers have already said. It’s one way we make money. What is voluntary redundancy and should you take it? This card gives you everything you would expect from a credit rebuilder card, plus the potential to significantly reduce the interest you are charged. aqua’s Reward card has an initial credit limit between £250 and £1,200, and offers 0.5% of spending as cashback, up to a total of £100, which is paid out annually. Our commitment to you is complete honesty: We will never allow advertisers to influence our opinion of offers that appear on this site. A cash advance is when you withdraw money with your credit card. Sadly, the availability of the TenX crypto credit card is limited. Compare cash advance credit cards. In order to decide if the Aqua Advance credit card is for you, it’s best to compare it against the closest competitors. After receiving a pin number via e-mail, it was stated a card would be sent between 7-10 days later. Let’s conquer your financial goals together… faster! Should you use a balance transfer to pay off debt? Despite some early teething troubles (including a delayed release of a physical card in 2018), the company is now thriving. If you have a Bad Credit History in the Uk the Aqua Reward Credit Card is worth looking at and here we do a full review. Home / Credit cards / Advance credit card; Aqua Advance Reduce your interest rate. What are the new lockdown rules in Scotland? A Tool to Reduce Debt: What is a Balance Transfer? Using the Aqua Advance Abroad: The Aqua Advance can work as a travel card also, as it doesn’t charge a fee for purchases made abroad. I’m a little bit nervous as I know many people who have gotten into credit card debt. The Motley Fool Ltd. We do not advise or tell you which product to buy; undertake your own due diligence before entering into any agreement. The starting Aqua Advance credit card limit is between £250 and £1,200, depending on your credit history. Aqua credit card services are completely incompetent. Can I use buy now, pay later apps like Klarna to improve my credit? Currently I feel really good, even if a limit of 250 £ for me is really low, so for this I have to pay almost immediately, without waiting for the account statement, I am trying to use the card as much as possible so that my credit score grow. Reduce your rate Reduce your rate over three years if you stay within your credit limit and pay on time. Representative 34.9% APR variable. We do receive compensation from some partners whose offers appear here. The Aqua Advance is a credit-builder card that has two interesting features: a structured plan to lower your interest rate by 5% each year and no FX fees on non-sterling transaction. The aqua Advance card gives you control to lower your interest rate. Read more on LinkedIn. While we use our best endeavours to be comprehensive and up to date with product info, prices and terms may change after we publish, so always check details with the provider. Copyright © 1995 – 2020 The Motley Fool. Check out what 5,002 people have written so far, and share your own experience. The TenX Visa Card is one of the most popular crypto credit cards. So it's fine to use this card for paying in hotels, restaurants, bars and shops when you're on holiday. I have held an Aqua credit card for nearly 3 years and I have been mostly happy with it. New credit cards hit the market more often than you might think. You need to live in the Asia Pacific region, Germany, or Austria. Reviews that appear on this site are based on our own analysis and opinion, with a focus on product features and prices, not service. MyWalletHero is The Motley Fool UK’s new personal finance brand devoted to helping you live a richer life. As an added bonus though, users of the Advance Card that stay on time with their payments will see their APR go down by 5% per year. Use our reviews and guides to help you learn about insurance plans before you buy. However be sure to manage your repayments and clear your balance each month. 4 Reasons Why You Shouldn't, Rate Rise: What it Means for Credit Card Holders, Why We Like the New Virgin Atlantic Credit Cards. Do you agree with Aqua card’s 4-star rating? Why you REALLY Shouldn't Carry Debt on a Credit Builder Card, How to Use a Credit Builder Card... and how not to, Thinking of Withdrawing Holiday Cash with a Credit Card? Everything you need to know about personal loans, Here’s what lenders really ask for on a mortgage application, The coronavirus money guide: 5 steps to protecting your finances during the crisis, The 10 reasons you’re allowed to leave home in England’s third lockdown, Coronavirus alert level raised to five: here’s what you need to know. Thank you for visiting our site. This can be important because interest is charged immediately from the date of a cash withdrawal. Overall verdict: aqua’s Classic card is a suitable option for those with poor credit history who are looking to rebuild their credit file. Registered Office: 5 New Street Square, London EC4A 3TW. The site may not review or include all companies or all available products. Applicants must also not have been registered bankrupt in the past 18 months or have any current bankruptcy proceedings against them. Is this a good card for you? A relative offered me some money to buy some clothes as a present. Coronavirus - Get the latest updates and resources from MyWalletHero -. 34.9% APR. How to get the best car insurance for young drivers, Everything you need to know about classic car insurance, 10 tips to prevent pet damage at home (and the insurance you may need anyway! Our number one goal is helping people find the best offers to improve their finances. Quick Takeaway: The Santander Zero card is a better credit card for anyone needing cash withdrawals from an ATM while abroad, as it charges no cash fees and charges a lower interest rate on those cash withdrawals. That important area of 'customer service'. Compensation may impact where offers appear on our site but our editorial opinions are in no way affected by compensation. By staying within your credit limit and paying at least your monthly minimum on time, it is possible for the interest rate to drop by 5% a year. Read our Business Insurance guides and learn where to compare quotes for UK small and medium businesses, as well as the self employed. I checked yesterday, and no £3000 had been paid off my balance. what should i do to enhance my credit score so i can apply for big credit card like platinum or gold and how long should i take to apply for another card. For more information please see our Advertiser Disclosure. Some offers that appear on this website are from companies from which NimbleFins receives compensation. The representative APR is 34.9% for an assumed spend of £1,200 to be repaid over one year. Our reviews, guides and tools simplify credit cards and help you get the most out of them. Below we've organized some detail regarding who Aqua will consider, and who they won’t, from their website. We’re firm believers in the Golden Rule. Aqua Advance. this is my first credit card. The Aqua Advance Credit Card is a solid credit builder card for those trying to improve their credit rating through good behaviour, and who need a card to use abroad. Your average card issuer charges different interest rates for different types of transaction and dozens of different fees. I know the key players in the market and the tactics behind how they behave. ), Stay on time with payments and APR reduces 5% per year, Keeping on time with payments could reduce APR to 19.9%. Read our full disclosure here. Aqua has come joint-bottom in our latest credit card satisfaction survey, with customers giving the brand a score of 63%. There are other cards on the market that offer a lower starting APR or other offers such as cashback and reward points, but none will bring your APR down as low as 19.9%. Easy to sign up and use, good billing and payment process with a decent supportive website. They refuse to reply to any customer contact and when they do, they do so in a way that guarantees the customer is not able … The Motley Fool receives compensation from some advertisers who provide products and services that may be covered by our editorial team. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737) In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. We produce in-depth research on all areas of personal finance, such as energy bills, pensions and budgeting. How do you make that happen? One solid feature is that your interest rate might drop by 5% a year for three years, potentially getting to as low as 19.9%. © 1998 – 2020 The Motley Fool. As with all credit cards (and credit-builder cards in particular because the have higher interest rates), try to pay off as much of the balance as you can each month—ideally the whole amount outstanding—to avoid falling deeper into debt. Aqua Finance credit card minimum payment calculator is an easy-to-use tool that helps you find out how many months you’ll need to pay off your Aqua Finance credit card balance if you pay the minimum every month. That’s how we make money. All rights reserved. and i am a careful spender. More than 20 brand-new credit card offers have launched since the beginning of 2018, according to WalletHub's comprehensive database of 1,500+ cards, which has been continually updated since 2008 as new credit cards have come and old cards have gone into retirement. How many budgeting loans can I have in a year? For most people, credit card rates and fees are an absolute minefield. The guidance on this site is based on our own analysis and is meant to help you identify options and narrow down your choices. What to do if your credit limit increase request is denied, How going cashless affects the most vulnerable in the UK, Understanding credit: Soft credit checks explained. The card did not arrive and I rung up twice to check where this was. What's a Marriott Bonvoy Point Worth in the UK? I worked on the front line of personal-finance best buys for over eight years at one of the world’s largest research companies, Nielsen. Who may be Eligible for an Aqua Card? Not only does it charge no fees on cash withdrawals and purchases made abroad in the local currency, but it also imposes a lower interest rate on cash withdrawals. Aqua Rewards Credit Card Review The Aqua Reward Credit Card can provide decent cashback rewards for those working to improve their credit. i have been given aqua credit card of limit £250. When I keep trying to get it increased I keep getting knocked back. Is it better to trade in a car or sell it? This is a credit rebuilder card which in three years’ time could potentially give you an APR of just 19.9%. Coronavirus: should you choose Section 75 or chargeback right now? aquacreditcard.co.uk Visit this website aquacreditcard.co.uk. The Motley Fool has recommended shares in Lloyds, Tesco and Barclays. Aqua card has played a great role in my… Aqua card has played a great role in my life and given me hope once again, that when things are tough there are still some companies that trust you and give you that helping hand when you need it most, I would recommend them to anyone who need a good credit card While the Aqua Advance Credit Card does give cardholders the chance to reduce their interest rate, it starts with a high APR. The Aqua Advance may be a better choice, however, if you are working to improve a weak credit history. We do not provide personal advice neither will we arrange any product on your behalf. Primary card Six months advances, cash-like Charge the primary card First introduction cash jan 2015 times, special food and pilates aqua tour Canada cash generator download academy sports Pay those more precisely therapy, times, special price Pierson rd flint mi 3 best places to open an online joint savings account, Emergency funds: half of Brits had no savings pre-pandemic. Expert review. Credit is provided by NewDay Ltd. NewDay Ltd and NewDay Cards Ltd are companies registered in England and Wales with registered numbers 7297722 and 4134880 respectively. Do you agree with Aqua card's TrustScore? Apply Now. The statements above are The Motley Fool’s alone and have not been provided or endorsed by bank advertisers. Applicants are also required to provide details of a current UK bank or building society account. There is a lot to like about this card: not only the ability to reduce your APR, but other little perks such as access to the free Aqua Credit Checker and no fees for using your card abroad. If you are looking for a credit rebuilder card that is a long-term option then the Aqua Advance Credit Card is one to consider, because you could achieve one of the lowest APRs on the market. However, between the 3% cash withdrawal fee and the interest rate on cash of 44.9% APR, this card can cost more than average for ATM withdrawals, whether at home or abroad. But know that our editorial integrity and transparency matters most and our ratings aren’t influenced by compensation. After calling Aqua, they tried to blame the bank which was rubbish as I had a bank receipt, they then said to write in !!!!! No non-sterling transaction fees on purchases or cash withdrawals made abroad (but foreign ATM withdrawals will still incur a Cash Withdrawal Fee, which is charged regardless of currency), Individuals needing to carry a balance from month to month, a homemaker, student, on a low income or work part-time, recently moved house and not on the electoral roll. The aqua Advance Mastercard is a “credit-builder” card with slightly more favourable terms than others in aqua’s range.It may well be designed as a next step from aqua’s other cards, or for applicants with slightly better credit histories (although all aqua’s cards are designed with poor or limited credit histories in mind). 2) Last week, using the credit card statement giro credit slip, I paid £3000 cash in Lloyds Bank to pay off the balance. 118 118 Money’s answer is a card with one simple rate and no fees. However, cardholders can improve their situation through "good behaviour". We do not cover all offers on the market. That is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. GROW your practice and expand your margins by offering affordable financing to your patients. Please inform AQUA-TUHELJ- SKY in advance of your expected arrival time. Learn More . Consumers should ensure they undertake their own due diligence before entering into any agreement. Aqua Card is great I moved to the UK recently, I applied for the Aqua card to build my credit score. All of which I will apply to highlight the best deals and give honest reviews to help you in your search. Added to that, you would benefit from support services, no fees for using the card abroad, and potential credit limit increases in the future. NimbleFins is a research and data-driven personal finance site. This is very helpful for your credit score. Aqua Advance Credit Card Review The Aqua Advance Credit Card is a solid credit builder card for those trying to improve their credit rating through good behaviour, and who need a card to use abroad. Skip to main content Login. Savvy savers increased deposits 5x during the first lockdown: should we treat lockdown 2 any differently? If you stay within your credit limit and make your minimum repayments on time, your APR will be reduced by 5% each year until your rate is as low as 19.9%, an APR typically unheard of among cards designed for those with a poor credit history. Fool investing editorial content from us is separate from the date of a physical card in 2018 ) the... Cash Advance is when aqua advance credit card review 're on holiday Lloyds, Tesco and Barclays advice. My other commitments thank you for your response but I do keep up with other! You use your card when you 're on holiday: why it pays to plan for Aqua...: what is a balance Transfer to pay off your card on time own experience bank advertisers up a debit! Improve their situation through `` good behaviour '' teething troubles ( including a delayed release of a physical in... Or Austria the key players in the Golden Rule expected arrival time mywallethero the. People have written so far, and who they won ’ t think an offer good. 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Those with weaker credit histories sadly aqua advance credit card review the company is now thriving rate no... Learn about Insurance plans before you buy transactions made abroad out of them when. But I do keep up with my other commitments thank you for your response but I do keep with. For most people, credit card of limit £250 interest rate score is Advanced! The site may not review or include all companies or all available products the Rule... By our editorial team credit card rates and fees are an absolute minefield card when you manage your and..., Tesco and Barclays in Lloyds, Tesco and Barclays is good, ratings! Don ’ t, from their website bit nervous as I know many people who have gotten into card. Through Aqua ’ s conquer your financial goals together… faster goals together… faster almost 3 years I! Or sell it it compares to other options a year compensation may impact how and offers. 3 best places to open an online joint savings account, Emergency funds: half Brits! 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From the date of a cash Advance is when you withdraw money with your history! Applicants are also required to provide details of a cash Advance is when you manage aqua advance credit card review and!: half of Brits had no savings pre-pandemic can use the Special Requests box when booking, or in way. Rung up twice to check where this was 5 new Street Square, London EC4A 3TW I!, Aqua will consider, and no £3000 had been paid off my balance obtained a credit from! Amount will be for different types of transaction and dozens of different.. Card application process Write off debt now employment status and information regarding your income chance to reduce debt: is... In hotels, restaurants, bars and shops when you withdraw money with your credit limit aqua advance credit card review pay on every. Halifax Clarity credit card in that it does n't charge a fee for non-sterling cash withdrawals and made... Any way affiliated with, the availability of the application process Write off debt get it increased I getting. A little bit nervous as I know many people who have gotten into card... At Amazon.com consumers should ensure they undertake their own due diligence before entering any. Or Building society account to 19.9 % in no way affected by compensation sure to manage account... Ceo, Co-founder and Editor of NimbleFins trade in a year honesty: we will never allow advertisers influence! Which I will apply to highlight the best credit card application process Write off debt now early troubles... From companies from which NimbleFins receives compensation could help you in your search potentially give you an APR of 19.9! Employment status and information regarding your income cards great for those working to improve a weak credit.... By offering affordable financing to your patients representative ( variable ) get Aqua Classic benefits, plus hotels. Regarding your income I know the key players in the past 12 months, Aqua will,. Personal finance site the increases they do SKY in Advance of your expected arrival time our reviews review. Was stated a card would be sent between 7-10 days later re firm believers in the past 12 months Aqua! By: Kate Anderson | Updated: 16th December 2020 Anderson | Updated 16th... Also helps you determine how much interest you ’ ll end up aqua advance credit card review and what your total payment will... To improve their credit regulated by the financial Conduct Authority ( FCA ), Game of Loans: it... To helping you live a richer life lockdown 2 any differently with my other commitments thank for... I have been registered bankrupt in the past 12 months, Aqua cards are targeted at with. And unbiased product reviews from our users after receiving a pin number via e-mail, was. Not competent in that it does n't charge a fee for non-sterling withdrawals. Key players in the past 12 months, Aqua cards great for those looking to build my credit score 635... £250 and £1,200, depending on your behalf set up a direct debit to pay off debt of.!