Virgin Money Anytime Rewards Credit Card – Balance Transfer Offer
- Balance transfer rate for 24 months with 1% balance transfer fee
- 0% p.a.
- Purchase rate
- 19.99% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $149 p.a.
Our verdict
Offers 0% interest on balance transfers for 24 months, but with a 1% fee and no interest-free days on purchases while you have a balance transfer.
This credit card offers a pretty competitive balance transfer offer with a long balance transfer period. And it also lets you earn Virgin Money Points on your spending. There's no cap on the points you can earn and the annual fee is quite reasonable.
Note that this card lets you earn Virgin Money points, not Velocity Points. But you can redeem these reward points for Velocity Points. And there's no interest-free days on card spending if you have a balance transfer.
Pros
-
0% p.a. interest rate on balance transfers for the first 24 months
-
1 Virgin Money Point per $1 spent on eligible spending, uncapped
-
Visa Platinum Concierge Service
Cons
-
Charges a one-time 1% balance transfer fee
-
High 20.99% p.a. interest rate for balance transfers after the introductory period
-
No complimentary international travel insurance
Details
Product details
| Product Name | Virgin Money Anytime Rewards Credit Card - Balance Transfer Offer |
| Balance transfer rate p.a. | 0% for 24 months with 1% balance transfer fee, then 20.99% |
| Balance transfer limit | 80% of available limit |
| Purchase rate p.a. | Purchase rate p.a. 19.99% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 20.99% |
| Min credit limit | $6,000 |
| Card type | Visa |
Eligibility
| Minimum income | $35,000 |
| Joint application | No |
Rewards
| Rewards program | Virgin Money Rewards |
| Bonus points | N/A |
| Rewards points per $ spent | 1 |
| Rewards points cap | Uncapped |
Fees
| Annual fee | Annual fee $149 |
| Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
| Late payment fee | $30 |
| Foreign currency conversion fee | Foreign currency conversion fee 3.3% |
| Cash advance fee | 2.7% or $2.70, whichever is greater |
| Overseas cash advance fee | $5 |
| Additional cardholder fee | $0 |
| Number of additional cardholders | 4 |
Your reviews
Richard Finder
Editor
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