In this article, we review the Chrome credit card, which is issued by Vanquis. It stands out because of its APR, which is unusually low for a credit-builder credit card.
Key facts about the Chrome credit card
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Best for: Those looking for a credit-builder card with a reasonable APR
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Introductory offer: No introductory offers
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Representative APR: 29.50% variable
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Fees: No annual fee
- Perks: No specific perks
Pros of the Chrome credit card
- The interest rate is one of the lowest available on a card aimed at people with adverse credit.
- Credit limit assessed every five months and could increase up to a total of £4,000.
- Facility to set up email and text alerts to help you remember when payments are due.
Cons of the Chrome credit card
- It doesn't have any introductory offers, perks or benefits.
- The starting credit limit could be as low as £250.
- Cash transaction fee at 3% of the sterling value of a cash transaction, or £3 - whichever is the highest.
How to manage your payments on the Chrome credit card
Cardholders can manage their account online or via the mobile app.
How to find out which credit card is best for you
Money to the Masses uses Creditec*, an online comparison service that enables you to find credit card deals tailored to you without affecting your credit score. You will want to compare as many different options as possible before you get a new credit card, so it is a good idea to do a fast online comparison. With only a few basic details, the Creditec tool will build a personalised list of credit cards suited to your needs to help you navigate the huge number of options out there. You can then pick the result that suits you best. None of this will affect your credit score as the eligibility process uses a soft credit check. Click here to start your comparison*.
How to apply for the Chrome credit card
Start be using the eligibility checker. If you are successful, you will then be guided to the full application process, which should give you a quick decision.
Alternatives to the Chrome credit card
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product.
