Virgin Money Balance Transfer

3.1

OUR RATING

Representative APR

29.9% APR (variable)

Purchases

0% for up to 3 months, then 29.90% (variable) p.a.

Balance Transfers

0% for 14 months, then 29.90% (variable) p.a. (2.5% fee for 2 months)

Account Fees

£0

Representative Example:

At an assumed credit limit of £1,200, with a purchase rate of 29.90% (variable) p.a., most accepted customers get a rate of 29.9% APR (variable).

3.1

OUR RATING

Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.

Our Verdict

The Virgin Money Balance Transfer credit card offers 14 months of 0% interest on balance transfers. It also provides an introductory 0% interest period on purchases and money transfers, making it a versatile option for managing existing debt and new spending without interest during the promotional period.

Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.

Product Features & Benefits

Issuer	Virgin Money
Network	Mastercard
Primary Category	Balance Transfer
Loyalty Scheme
Incentive on opening	Up to 14 months interest free on Balance Transfers
Cashback/Rewards (if applicable)	No cashback scheme
Account Fee	£0
Purchases	0% for up to 3 months, then 29.90% (variable) p.a.
Purchases Interest Free Period	50 days
Balance Transfers	0% for 14 months, then 29.90% (variable) p.a. (2.5% fee for 2 months)
Balance Transfer Fee	5.00%
Cash Advances	29.90% (variable) p.a. (fees apply)
Minimum Credit Limit	£ 0.00
Maximum Credit Limit	Subject To Status

Fees & Charges

Account Fee	£0
Late Payment	£ 12
Returned Payment	£ 12
Exceed Limit	£ 12
Duplicate Statement	£ 0
Replacement Card	£ 0
Trace Fee	£ 0
Cash Withdrawal Fee	5%
Cash Withdrawal Minimum Charge	£ 0
Foreign Usage EU	2.95%
Foreign Usage World	2.95%