Vanquis Bank Savings


Who we are

Vanquis Bank is part of the Provident Financial Group, a FTSE 250 lender established in 1880 with a history of operating in the home credit market. Vanquis Bank was established as the credit card issuing arm of the Provident Financial Group in 2002 and launched our Savings products in July 2011.

Vanquis is the largest dedicated specialist 'low and grow' credit card issuer in the UK credit card market. Since launching in 2002 we have accepted over 3.5 million* customers in the UK. We have operations and call centres in London, Chatham, Bradford and Newcastle and have been named the Moneyfacts Credit Builder Card Provider of the Year for 2015, 2016 and 2017.

Vanquis Bank Savings offers Fixed Rate Bonds to UK customers and has opened over 50 thousand accounts since our launch. Vanquis Bank Savings was winner of the Best Long Term Bond Provider in the Savings Champion 2017 Awards.

As Vanquis Bank is independent of any other UK bank and building societies your savings with Vanquis Bank are eligible for the full FSCS protection.

Vanquis Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is registered under the Financial Services Compensation Scheme.

Vanquis Bank is a full member of UK Finance, the trade association for the UK's financial services industry.

* as at November 2017

Our history

Our parent company, Provident Financial has a rich history dating back to 1880 when the company was founded in Bradford, West Yorkshire, by Joshua Kelley Waddilove who devised a system to help local families buy what they needed, when they needed it, with vouchers that could be used in local shops. The families then paid for the vouchers in small affordable weekly instalments.

Today, more than 130 years since it was founded in Bradford, Provident Financial is a FTSE 250 company listed on the London Stock Exchange.