16th March 2011

Virgin Money has increased the introductory balance transfer offer available on the Virgin credit card which has now increased from the previous 16 months to a new 18 months offer. The Virgin card now offers 0% on balance transfers for 18 months for transfers made within the first 60 days, with a 2.89% handling fee and a representative 16.8% APR variable. The Virgin credit card is a MasterCard which is available for online applications.

The Virgin credit card has not changed the introductory offer on purchases and still comes with an offer of 0% on card purchases for 3 months, in addition to the new longest ever 18 month introductory offer on balance transfers. The Virgin card has also recently introduced contactless payments, a quick and easy way to pay for purchases of £15 or less using the card.

The Virgin credit card offers a wide range of discounts on other Virgin products and services, including 10% off Virgin Holidays, half price Virgin balloon flights, 1 month free at Virgin Active and 10% off VIE at home and Virgin Wines when you pay using the Virgin credit card.

The Virgin credit card is available for online applications to UK residents who are over 18 years in age and who have a bank or building society account and have a good credit history.

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Glossary

Balance Transfer

the process of moving an outstanding credit card debt from one issuer to another, usually at a lower rate

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