If you are a shopping lover and frequently visit to buy something, then you have heard the name “very credit card.” I recently visited the Very shop and got to know the benefits of Very credit card from one of my friends. Like me, you are also curious to know how to apply very credit card And what are its benefits?
I got to know everything about the very credit card from my friend. So I thought, why should I keep it to myself only? Why not share it with you all?
Let’s move further and learn more about this exciting Credit Card.
What is Very Credit Card?
Very.co.uk, an online retail shop in the UK, has partnered with Capital One to offer the Very Credit Card, a specialized shopping card.
This card is specifically build for frequent shoppers of Very. In this review article, I will deep dive into the Very Credit Card, covering everything from eligibility criteria,interest rates to its benefits and pros and cons and many more.
Overview of Very Card
Feature | Detail |
---|---|
Owner | Capital One (Europe) plc |
Broker | Shop Direct Finance Company Limited |
Credit Limit | Up to £1,500 |
APR | Representative 39.9% APR Variable |
Initial Offer | £10 back on first Very.co.uk order |
Account Management | Online |
Eligibility | 18+ years, not bankrupt for the last 12 months |
Foreign Usage Charge | Yes, additional charges may apply |
Fraud Protection | Yes, measures are in place |
Before moving on how to apply for the credit card lets check out its eligibility Criteria
Eligibility of Very Credit Card
To be eligible for the very Card you must meet the below Criteria:-
- Reside in the UK and be at least 18 years old.
- Possess a very good credit rating (specific requirements may vary among lenders).
- Undergo a financial assessment by Capital One to ensure your ability to manage the credit.
If you meet the above criteria you can easily apply for the card by follow the below step by step process.
How to Apply for Very Credit Card?
Follow the below steps to easily apply for the credit card:
- Visit the official website of Very Credit card.
- Now Click on “Check Now” then you will be redirected to another website.
- Fill your necessary detail asked in the application form.
- Confirm your detail and click on Quickcheck Now for final submission.
- It will take roughly 60 sec to get your response.
- If your application form move further it will undergo a hard credit check
- This process will have very small affect your credit score.
- For any kind of query, you can contact the support team at the helpline number mentioned in the article below.
Benefits of Very Credit Card
- Discounts and Special Offers -Holders of a Very.co.uk credit card can access exclusive discounts and deals on their orders.
- Interest-Free Period -If you are a New cardholders you can enjoy an introductory benefits on interest free period on your shopping, allowing you to spread out the cost over time without incurring interest during this period.
- Improve Credit Score – If you use your very credit card Responsibly and pay your bill on time, it can help improve your credit score.
Very Credit Interest Rate
The annual percentage rate (APR) for the Very Credit Card varies each year, meaning the interest rate you pay can change based on market conditions and your personal creditworthiness. For purchases made in April 2024, the APR ranges between 24.9% and 39.9%, but this is subject to future adjustments.
Here is some information about the fees associated with the Very Credit Card:
- Annual Fee – The Very Credit Card does not charge a yearly fee.
- Purchase Interest -After any introductory interest-free period, any outstanding balance will accrue interest.
- Cash Advance Fee – A fee is charged for cash advances, calculated as a percentage of the amount withdrawn.
- Late Payment Fee -A late payment fee is incurred if you fail to make the minimum payment by the due date.
It is crucial to be aware of these fees and interest rates before applying for the Very Credit Card.
Checkout Bits Credit Card
Pros and Cons of Very Credit Card
Pros | Cons |
---|---|
Exclusive Discounts and Offers. | The APR is higher than some other credit cards. |
New cardholders enjoy an introductory interest free period. | Can only be used at Very.co.uk, not in other stores or online shops. |
Responsible use and timely payments can improve your credit score. | Easy access to credit can lead to unnecessary spending. |
The card does not charge an annual fee. | Fees apply to cash advances, calculated as a percentage of the amount withdrawn. |
Late payments incur additional fees. |
Customer Support
Capital One provides excellent customer service to Very Credit Card holders. If you have any queries, you can visit the official website and contact customer support through the chat section or directly contact customer support using the contact number provided below.
For customer assistance with your Very Credit Card, you can use the following methods:
- Call 0345 606 0345 for direct assistance.
- Monday to Friday 7 am – 9 pm
- Saturday & Sunday 8 am – 5 pm
Conclusion
In the above article, I have discussed the very credit card, all the eligibility criteria and the interest rate. Please go through the above details carefully and check your eligibility criteria before applying.
I hope I have answered all your questions regarding Very credit cards. If you still have any queries, let me know in the comment section. Also, don’t forget to share it with your friends if you like our article.
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What is a Very Credit Card?
The Very Credit Card is a shopping card from Very.co.uk, offered with Capital One for frequent Very shoppers.
Where can I use my Very Credit Card?
You can use the Very Credit Card exclusively at Very.co.uk.
What credit card can I get with very bad credit?
Secured credit cards or credit cards designed for rebuilding credit are options for those with very bad credit.
How do I cancel my Very Credit Card?
To cancel your Very Credit Card, call 0345 606 0345 or use the secure messaging system on their website.
Which bank gives credit cards very easily?
Banks known for lenient approval processes for secured or rebuilding credit cards may offer easier credit card approval.
How long does a Very Credit Card take to arrive?
A Very Credit Card typically takes 7-10 business days to arrive after approval.
How to get a credit card with very poor credit?
Apply for secured credit cards or those designed for credit rebuilding to get a credit card with very poor credit.
Hello! I’m Ella Patel, a blogger based in India with a strong specialization in the finance sector. My journey into the world of finance and writing is a blend of academic achievements and professional experiences, which I am excited to share with you