Virgin Money increases 0% period - Credit cards - News - Moneyfacts


Virgin Money increases 0% period

Virgin Money increases 0% period

Category: Credit cards

Updated: 04/04/2011
First Published: 16/03/2011

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 It is now over 6 months old so the content may be out of date.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 increased its 0% balance transfer period to 18 months, one of the longest terms on the market.

The Virgin Money Credit Card MasterCard (issued by MBNA Europe Bank) now charges 0% on balance transfers for an 18 month introductory period (previously 16 months).

This extension to the 0% introductory balance transfer deal makes this one of the longest balance transfer offers available, however, there are other cards available elsewhere with the same length of deal with lower balance transfer fees.

The card continues to offer 0% on card purchases for 3 months and applicants using the card for spending can make use of Virgin Money's fantastic discount scheme that can save you money across the Virgin group and beyond, such as discounts off Virgin Holidays, Virgin Wines and Virgin Experiences.

Compare 0% balance transfer credit cards
Compare 0% platinum balance transfer 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 Any products featured may be withdrawn by their provider or changed at any time.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…