Holders of Vanquis Bank’s credit-builder bank cards within the UK can now make immediate funds into their account from any main UK bank with out utilizing a debit card and obtain immediate updates on their obtainable credit score through the Vanquis cellular banking app.
The bank gives Visa-branded bank cards for purchasers outdoors the usual credit score market who’re establishing or rebuilding their credit standing.
Vanquis has now added NatWest’s Payit open banking cost service to its cellular app to allow these wanting to enhance their cost historical past to handle and monitor their funds extra “quickly and simply”.
“When you select Payit to pay your Vanquis card, you’ll see all your bank balances in one view so you’ll get to choose the bank account you would like to make your Vanquis payment from,” the bank card firm says.
“Once you’ve made your Vanquis credit card payment, you’ll see an instant update to your available credit unlike other payment methods that take much longer to reach your account and don’t provide an instant update to your available credit.”
NatWest launched the Payit open banking cost service in July 2020.
