If aqua is able to offer you this deal, the offer will specify a personalised credit limit based on aqua's assessment of your situation. our partners for featured placement of their products or services. Be aware that some credit cards charge a fee to increase your credit limit. About Aqua credit limits. This means when my spending hits £3,333.00 in a 12 month period and I’ve reached the maximum cashback, I stop using the card. Credit available only to UK residents aged 18 and over. The Harley Card does allow a $5K deposit, and it also has both a $0 annual fee and rewards. You can apply for an Aqua card as long as you: Your credit score is a number based on a range of different factors that gives an indication of how good you are with credit. Currently they have a 6 months balance transfer offer with 3% fee (minimum £3). When you make major financial decisions, consider getting independent financial advice. You’ll be able to see this “soft search” when you check your credit history, but other lenders won’t. The registered office for these companies is 7 Handyside Street, London, N1C 4DA. We update our data regularly, but information can change between updates. EBL offers a range of Credit, Debit and Prepaid cards to meet the daily financial needs of both consumers and corporates. It’s marketed as a ‘credit builder’ option for exactly this reason. Confirm details with the provider you're interested in before making a decision. What does aqua do to keep my card details secure? aqua. Internet Explorer 5.5 and higher, and Macintosh Safari). We are a credit broker and not a lender and Be upgraded to the Amazon Platinum Mastercard if you make at least one transaction a month, make repayments on time and stay within credit limit in the first 12 months.. Buy tickets for up to 3500 selected live events through Barclaycard entertainment and get 5% off tickets per year and exclusive pre-sale tickets on selected festivals with 10% off ticket prices. Your credit limit is the maximum amount of money you can borrow on a credit card. Can I apply for a credit card if I have a bad credit score? We’re here to help. In his spare time Chris likes forcing his kids to exercise more. Welcome to the world of EBL Cards! The minimum limit offered on this card is £250 and aqua does not specify a maximum. Now the reason for that is that the Aqua Reward Credit Card pays a healthy 3% cashback, but with an upper limit of £100 cashback a year. Because of COVID-19, credit bureaus are allowing free weekly online credit reports via AnnualCreditReport.com from now through April 2021. Your aqua online account lets you manage everything to do with your aqua card in one convenient place – from paying your balance to changing personal details. The Aqua Classic. Unless we've said otherwise, products are in no particular order. The most common ways that people break credit agreements are: For example, if you made lots of late payments on your credit card or missed payments altogether, other lenders are likely to think that you might miss payments and decide not to give you credit. VAT number: 259751759. To do this, call aqua’s automated service on 0800 028 7777 or activate your card online via its website. How do I contact aqua if I don’t have internet access? It’s also important to remember that nobody has a single credit ‘score’ that all lenders look at to decide whether to give you credit. The credit limit is the maximum amount you can spend using your credit card in each statement cycle. Aqua is one possible option if you’re looking to build your credit rating and just looking for a few hundred pounds. Aqua Card is great I moved to the UK recently, I applied for the Aqua card to build my credit score. The company is open about the fact that it aims to help people move to other finance products as their needs evolve, with the intention to “help all customers be better with credit”. Thomas St, London, SE1 9RG. Before you start using it, your card obviously needs to be activated. Am I eligible to apply for an Aqua Classic card? 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. A line of credit is a flexible loan from a bank or credit union. Your Aqua credit card is a Mastercard, which means it’s accepted in more than 36 million places and over 600,000 cashpoints around the world. High limit credit cards are aimed at wealthier individuals with good credit scores and offer a host of elite benefits on top of high spending limits. ... Failure to make payments on time or to stay within your credit limit means that you will pay additional charges and may make obtaining credit in the future more expensive and difficult. Most users are unlikely to hit this maximum however, as it would require spending £20,000 a year on your card—unlikely given the card's initial credit limit of £250 to £1,200. Hi, have looked into what sort of credit limits aqua usually offer to start with and it's between £250 and £1200. APR stands for annual percentage rate and represents the amount of interest you’ll pay annually on any money you borrow unless you clear your whole balance each month. We may also receive compensation if you click on certain links posted on our site. Aqua’s credit cards are designed to help you improve your credit score. aqua is part of the London-based NewDay group of companies, which is the credit card provider for some big high street names, including Debenhams, Topshop, Laura Ashley and Amazon. The aqua Secure online security suite monitors all transactions carried out using most current web browsers (e.g. In this guide, you’ll find out more about how credit cards work and the things you need to know before you get a card and when you’re using your card. Having a bad credit history is one of the main reasons people are turned down for credit cards, loans, and even bank accounts. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. unsure you should get independent advice before you apply for any If aqua is able to offer you this deal, the offer will specify a personalised credit limit based on aqua's assessment of your situation. With all of aqua’s cards, building credit is the primary focus. Aqua is a trademark of NewDay Cards Ltd, which is used under licence by NewDay Ltd. What are the benefits of the Aqua Classic card? authorised and regulated by the Financial Conduct Authority (firm A lower credit limit can be a bit safer for those looking to keep up with monthly payments, especially those trying to pay the full balance every month. product or commit to any plan. A higher score means that lenders are more likely to lend to you. You can call the customer services helpline on 0333 220 2691, or from overseas by calling +44 113 244 8986. We show offers we can track - that's not every product on the market...yet. One thing they can’t do is lower your credit limit and then immediately slap you with an over-the-limit fee or penalty rate if you happen to exceed the new lower limit. Credit cards provide a flexible way to borrow money as and when you need it. A lower balance means your credit utilization ratio, which accounts for 30% of your credit score, will also be low. The Aqua Classic Card is designed to help you rebuild your credit rating & recover from poor credit history. Initial Aqua Classic credit limits fall between £250 and £1,200, and will depend on your application and credit record. There are a few other secured credit cards with $5,000 limits that you can get with bad credit. They form part of the NewDay group of companies. Clubcard vouchers can be used in Tesco or with Clubcard Reward Partners to get even more value on dining out, hotel stays and travel. We continuously monitor your account to see how you’re getting on and may increase your limit, so long as you’re making your monthly payments and sticking to your current credit limit. Clubcard points are turned into Clubcard vouchers every 3 months or sooner using Faster Vouchers. All Mastercard credit cardholders are entitled to use their. London, SE1 9RS. aqua is part of the London-based NewDay group of companies, which is the credit card provider for some big high street names, including Debenhams, Topshop, Laura Ashley and Amazon. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. The first step is to decide which card is right for you. finder.com is an independent comparison platform and information service Fees and rates are subject to change without notice. For example, if your credit limit is £20,000, you’ll be able to make purchases up to a total of £20,000 each month, without having to repay your credit … aqua’s Classic card has an initial credit limit between £250 and £1,200 until customers have proved themselves to be able to pay on time and keep to their limit. If you have a bad credit history, it’s important to remember that millions of people in the UK are in the same category, so you’re not alone and you can get help to fix it. Optional, only if you want us to follow up with you. As well as using the latest online technology to ensure transactions are secure, aqua also has dedicated teams monitoring day-to-day transactions and intercept any suspicious activity on your account.. Always consider your own circumstances when you compare products so you get what's right for you. Remember to sign your card as soon as you get it! You could get a credit limit increase after your 5th statement and further increases every 5 months, up to £4,000. We’ll try to give you a ‘yes’ for the credit you need and can afford – even if you’ve been turned down for credit in past. You can apply for a Aqua credit card with a limit of up to £300. Chris Lilly is a publisher at finder.com. Are over 18 and have a permanent UK address, Haven’t been registered bankrupt in the past 18 months and don’t have ongoing bankruptcy proceedings against you, Have a current UK bank or building society account, Haven’t received a County Court Judgement (CCJ) in the past 12 months, Don’t already have an Aqua card and haven’t have taken out an Aqua, marbles, opus or Fluid card in the past 12 months, Need a little guidance? Aqua keeps me up to date with when my payments are due.”. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. may also receive compensation if you click on certain links posted on As part of the Mastercard network, the marbles credit card is accepted in more than 35 million locations worldwide. For example, if your Aqua Finance credit card balance is $5000, the APR is 24.99%, the minimum payment is 4% of your balance and the first minimum monthly payment is $200, the results will be the following.You will need 169 months to pay off your card. aqua credit cards are also on the Mastercard network, which means they can be used in more than 35 million places worldwide. The APR shown represents the interest rate offered to most successful applicants. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. We endeavour to ensure that the information on this site is current and If you apply for an Aqua card, the credit limit we offer will be based on your personal circumstances. Our cardholders can enjoy great lifestyle and travel benefits on their EBL Cards round the year. Can I apply for a credit card if I have bad credit? Credit cards enable you to borrow up to a maximum amount, known as a credit limit. The easiest and most convenient way to apply for an aqua credit card is online – you can get an instant indication of the likelihood of your application being successful by using aqua’s “FastCheck”, and it won’t leave a “footprint” on your credit file so you don’t have to worry about your credit score. The total interest will be $5182.95. You can get an instant indication of the likelihood of your application being successful by using aqua’s “FastCheck”, and it won’t leave a “footprint” on your credit file. We aqua credit cards are also on the Mastercard network, which means they can be used in more than 35 million places worldwide. Reduce your interest rate as you use your card when you manage, Making lots of late payments or missing payments altogether, Going over their credit limit – especially if it happens regularly. Unfortunately, the maximum cashback paid on the Aqua Reward Credit Card is £100, so I’ll stop using the card once I’ve spent £3,333.00 a year. Please remember that when you pay for anything in a foreign currency, depending on the type of Aqua card you have, you may incur a charge. It is normally determined by the lender, who uses your credit report and information on your credit application to set the limit. That’s why you need to pick a card that’s designed for your circumstances and offers an eligibility check – sometimes called a ‘soft’ check – up front. On a credit card with a $1,000 limit, that means you would want to keep your balance below $300, leaving you with $700 of available credit. We can’t promise to say ‘yes’ as we need to ensure we lend responsibly, but we will do our best to accept you. Months or sooner using Faster vouchers from companies from which finder.com receives compensation can take to start improving your card. 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