NEO Credit Card Review |

NEO Credit CardVanquis Bank launched both the NEO and Original brands on the 4th November 2014. The NEO credit card served at is a little more well known, but these are still the UK’s least popular subprime cards (factoring Google search data tallies). They share matched product specs not just to each other, yet also to the main Vanquis release. The only difference is of course the styling of the cards across the range. Since there is no USP (introductory deal, lower rate etc) you do wonder why these cards were launched. The common sense approach would be to attract more affinity partnerships whereby they can sit back and let their partner bring in the sales.

A good example of this was when they joined forces with Argos. As it has turned out, it has been their main rival Capital One who has really thrived in this area, attracting the likes of Littlewoods, Ocean Finance and Very. Getting to the specs of the NEO credit card, a quick response is provided once an application has been approved through It will then take between 10 and 14 days before cards are received. A limit would be determined based on the applicant’s score between £150 and £1000. The opportunity is there to see advances that will be possible every 5 months. The maximum returning limit heads up to £3500.

Interest is fixed on this Visa at 39.9% APR. As the case across the product line, those with bad credit are the target audience and so defaults, CCJs etc on your record doesn’t necessarily mean that you won’t qualify. You may just be started off on a smaller limit that would just take longer to build up when the account is kept in good standing. Account management is provided through the supporting Vanquis sites and you can also keep track by getting hold of the mobile app. Handy text alerts can also be accessed. Customer support runs between 8am and 8pm during the working week and between 9am and 5.30pm on Saturdays.

NEO @ 39.9% APR
Sent to You: In around 10 to 14 days.

NEO Card