Virgin Credit Card Balance Transfer – Switch to a new Virgin Credit Card

Information verified correct on May 1st, 2017

Save money and transfer your existing credit card debt interest-free with a new Virgin Credit Card today

Enjoying what you're doing at the moment? Why Stop? Virgin Money is now offering cardholders various benefits including balance transfers, bonus Velocity Points, exclusive flight offers and platinum cardholder benefits.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

Virgin Credit Card Offer

If you are looking to transfer your balances without any interest, the Virgin Australia Velocity Flyer card could be the card for you.

  • $64 p.a. annual fee for the first year ($129 p.a. thereafter) annual fee
  • 20.74% p.a. on purchases
  • 0% p.a. for 18 months with 1.5% balance transfer fee on balance transfers
  • Cash Advance Rate of 20.99% p.a.
  • Up to 44 days interest free
  • Minimum Income Requirement of $35,000 p.a.

Compare Virgin Money Balance Transfer Offers

Rates last updated April 30th, 2017.

Virgin Australia Velocity Flyer Card - 0% Interest Offer

0% purchase and balance transfer offers have been extended until 15 June 2017.

April 3rd, 2017

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

1.5% BT fee has been added to the existing balance transfer offer which is valid until 15 June 2017.

April 3rd, 2017

Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer

30,000 bonus points and 1.9% balance transfer offers have been extended until 15 June 2017.

April 3rd, 2017

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Receive up to 30,000 bonus Velocity Points and earn 1 Velocity Points per $1 spent. Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
20.74% p.a. 1.9% p.a. for 15 months $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Receive 0% p.a. for 12 months on purchases, 0% p.a. for 6 months on balance transfers and an exclusive $129 Virgin Australia Gift Voucher each year.
0% p.a. for 12 months (reverts to 20.74% p.a.) 0% p.a. for 6 months $129 p.a. Go to site More info

Apply for a Balance Transfer

balance transferMake life easier and save on interest. Transfer the balance of your non-Virgin Money credit cards, store cards, lines of credit or personal loans onto your Virgin Credit Card and only have one account to manage. It could mean big savings, by potentially reducing the interest you're charged on your existing credit balance. It's also easier to manage your debt when it's all in one place.

You can opt for the excellent rate offered by the Virgin No Annual Fee Credit Card, which comes in at only 0% p.a. for months and save on annual fees as well. Or, if you are a frequent traveler then why not go for the Virgin Australia Velocity Flyer Card which offers 0% p.a. for 18 months with 1.5% balance transfer fee on balance transfers and much more.

Application details for new customers 

When you apply for a new Virgin Credit Card, whether it's the Virgin Australia Velocity Flyer Card or the Virgin No Annual Fee Credit Card, you can also apply for a Balance Transfer. To do so, you'll need to give us key details of that account, including the:

  • Name the account is held in
  • Type of card or account
  • Card or account number
  • Amount to be transferred
  • Issuing organisation's name and address.

Existing cardholders

Once you've transferred your balance, be sure to close your old credit cards, store cards, lines of credit and personal loans, as it won't happen automatically.

Balance transfer limits

Each balance transfer must be a minimum of $500. The maximum you can transfer is 80% of your remaining available credit the day the balance transfer is finalised.
Just so you know, here's some more information that may help you on balance transfers.
Compare Virgin Money Credit Cards here

Frequently asked questions with Virgin Credit Card Balance Transfers

How long will a Balance Transfer take?

Balance transfer requests can take up to 10 working days. You should allow additional time for any cheques to be received at the other financial institution.
You can monitor your account online and check if the transaction has appeared on your account. If it doesn't appear by the time we've indicated, you might want give the other financial institution a call prior to contacting us.
It's important you activate your card as we can't process any Balance Transfers requests until it's activated.

Can I earn Velocity Points on Balance Transfers on My Virgin Australia Velocity Flyer Card?

Sorry, Balance Transfers don't earn you Velocity Points. You earn Velocity points by paying for purchases on your card. Points are awarded for every dollar you spend.

Why is my Balance Transfer taken out of my available credit, I thought this was extra?

A Balance Transfer isn't additional credit. Just like normal spending on your account, it reduces your available credit.

If I have Balance Transfers at different rates, which one does my payment get applied to first?

Payments will be made to the balance transfer with the lowest Interest Rate first.
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