Aqua’s credit cards are specifically tailored to aid individuals in constructing a robust credit history. With careful and responsible usage, these credit cards, equipped with diverse features and perks, become an efficient tool for those aiming to manage their credit score effectively and secure a financially stable future.
Many of those with poor credit or lacking any credit rating find it challenging to secure credit cards and loans. This often includes self-employed individuals, those earning low income, or those who have experienced financial adversity in the past, like CCJs.
What are Aqua Credit Cards All About?
Aqua credit cards function similarly to any standard online credit card provided by financial institutions. They can be utilized for making payments, transferring balances, or withdrawing cash from ATMs. All transactions carry an Annual Percentage Rate (APR). A defined minimum repayment is required monthly, based on the outstanding balance. The assigned credit limit should not be exceeded, and the minimum monthly payment must be fulfilled.
Financial Possibilities with Aqua
With the Aqua Advance MasterCard Credit Card, you’ll start with an initial APR of 34.9 per cent for purchases and balance transfers. Remaining consistent with the terms and conditions drops the APR by 5 per cent each year over three years, potentially going as low as 19.9 per cent – a highly attractive rate. Moreover, transactions made outside the UK incur no fees.
The Aqua Classic MasterCard Credit Card comes with an introductory APR of 32.9 per cent, the lowest initial rate amongst all Aqua credit cards. This card offers competitive terms and entails no annual fee, making it a sensible credit option.
An online application for an Aqua credit card is simple and fast. The 3-step process gives you a quick decision once your personal details are entered.
Credit Card Management Perks
As Aqua understands the need to avoid further debt while building a credit history, they offer several card management features and services. To help keep track of payments, text reminders are delivered close to the payment due date and a secure online account management service allows you to manage your card from any internet-enabled device.
An important advantage is the unrestricted access to your credit report. Once your credit card arrives, detailed information will be sent to you via email to register for a free account. This gives you continuous access to your updated monthly credit report, maintained by top credit reference agencies like Experian and Equifax.
