By: Kate Anderson | Updated: 8th February, 2019.
Are you looking to build your credit but also keep it simple? It can be confusing when cards have promotional offers or introductory periods. The aqua Classic Card keeps it straightforward. Designed for those with bad credit histories, it offers manageable credit limits and not much else.
The aqua Classic credit card is one of the more straightforward credit cards for bad credit, open to those with a bad credit history, money problems in the past or on low incomes, as well as the self-employed. Maximum initial credit limit is £1,200, although if you handle your card sensibly aqua may increase this pretty quickly. Extra features can also help you understand your credit score, and make every monthly payment.Read full review >
|Your interest rate for purchases is||35.95% p.a. variable|
|With a representative||35.9% APR variable|
|If you borrowed (over 12 months)||£1,200|
This is a card without any frills. Designed for those who have a history of bad credit, are self-employed or are on a low income, it keeps it simple by offering manageable credit limits and support to help you stay in control of your balance.
The aqua Classic Card is straightforward. There is nothing in its package that can trip you up or catch you out. Instead, here are its headline offers.
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. 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. I know the key players in the market and the tactics behind how they behave. All of which I will apply to highlight the best deals and give honest reviews to help you in your search.
The aqua Classic Card does carry a comparably high APR. It is also worth taking note of the penalty fees.
There are other credit rebuilder cards on the market that have a lower APR and have additional extras such as cashback or interest-free introductory periods. However, there is something to be said for keeping things straightforward. With the aqua Classic Card, what you see is what you get.
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.
Applicants must be aged 18 or over and UK residents, and not have any current bankruptcy proceedings against them.
Applications can be made through the card provider’s website. aqua offers a ‘FastCheck’ eligibility service in which you answer a few questions and it conducts a ‘soft search’ to see how likely it is to be able to accept your application.
If you then proceed with your application, you will need to provide details of your income and outgoings, and personal details such as addresses, date of birth and gender. You will also need to provide details of a UK bank or building society account.
It depends on whether you are looking for any added extras. If you have a poor credit rating and are looking for a card that will help you rebuild your credit score and potentially give you access to increased credit in the future, then the aqua Classic Card is one to consider. However, if you are looking for a card that gives a more enticing package, then there are other cards on the market that may be more suited to your needs. The aqua Classic Card is designed to support you in using your credit card sensibly, and offers fixed credit limits, text reminders and a potential credit limit increase if you display good borrowing behaviour, but it does not offer any added extras such as 0% interest on purchases or cashback rewards.
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