Virgin Money improves balance transfer card - Credit cards - News - Moneyfacts


Virgin Money improves balance transfer card

Virgin Money improves balance transfer card

Category: Credit cards

Updated: 24/06/2011
First Published: 24/06/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Virgin Money has made some changes to its 0% balance transfer card, turning it into an even better proposition.

The Credit Card MasterCard offers introductory balance transfers charged at 0% for 19 months (previously 18 months), and a balance transfer fee reduced to 2.49% (previously 2.87%).

This latest change from Virgin Money brings yet another extension to the balance transfer deal and in conjunction, a reduction to the balance transfer fee.

The card is once again one of the most competitive deals for debt transfers; however, there are longer deals available elsewhere, albeit by only one month.

As always the card offers three months interest free on purchases and card customers will have access to a discount scheme.

Find the Best 0% Balance Card Rates - Compare Credit Cards

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Top credit cards for Christmas spending

‘Tis (just about) the season to be jolly, but before all that festive fun begins, chances are you’ve got a bit more shopping to do. But, if you’re turning to credit to fund things, you’ll want to use cards that offer 0% interest deals on purchases.

Spooky reality of high balance transfer fees

Credit card debt is scary at any time of year. While most might assume that opting for the longest deal on offer would save them the most, our data shows some of the longest deals can actually work out to be the most expensive.

Reward credit cards that become ‘pointless’

If you regularly use cards to pay at the till, you may have considered opening a reward credit card to earn points every time you spend. However, not all of these cards are as rewarding as they may seem…