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The Virgin No Annual Fee credit card offers a variety of features without the cost of an annual fee. This includes an introductory offer of 0% on purchases and balance transfers for 12 months when you apply by 29 September 2022.
0% p.a.
Balance transfer rate
for 12 months
0% p.a.
Purchase rate
for the first 12 months (reverts to 18.99% p.a.)
$0 p.a.
Annual fee
55 days
Interest free period
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Product Name | Virgin Money No Annual Fee Credit Card |
---|---|
Balance transfer rate p.a. | 0% for 12 months |
Balance transfer revert rate | Cash Advance Rate (20.99% p.a.) |
Balance transfer limit | 80% of available limit |
Purchase rate p.a. | 0% for 12 months, reverts to 18.99% |
Annual fee | $0 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 20.99% p.a. |
Min credit limit | $2,000 |
Max credit limit | $10,000 |
Card type | Visa |
Foreign currency conversion fee | 3.3% |
Minimum income | $25,000 |
---|---|
Available to temporary residents | No |
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $0 |
---|---|
Minimum monthly repayment | 2% of the closing balance or $30, whichever is greater |
Late payment fee | $30 |
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 |
Review by
Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
December 17, 2018
I earn $25,480 on disability support pension, would Virgin accept this as my income it is over the minimum $25,000 that they require? My credit score is good too. What are my chances?
December 20, 2018
Hello Freya,
Thank you for your comment.
For as long as you meet the eligibility criteria set by the issuer, you’ll have a bigger chance to be approved. You may refer to our credit card application tips to know how to get approved when you apply.
Please make sure though to read the eligibility criteria, features, and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.
Should you wish to have real-time answers to your questions, try our chatbox on the lower right corner of our page.
Regards,
Jhezelyn
November 30, 2018
Definitely not an instant approval card. I submitted all of my documents. So you have any idea how long will it take for them to get back to me with a decision? Wish I would’ve known this, as I would have opted for a different card.
December 6, 2018
Hello Chris,
Thank you for your comment.
If you haven’t heard from Virgin, you can contact them directly to check your credit card application status. They may be able to confirm the status of your application or they may ask you to provide further information. Please refer to our guide on how to check your credit card application status.
Should you wish to have real-time answers to your questions, try our chatbox on the lower right corner of our page.
Regards,
Jhezelyn
December 2, 2017
I currently have a Virgin credit card with 0 balance, can I apply for interest free period on a balance transfer?
December 2, 2017
Hi Gilliah,
Thank you for reaching out to us.
You may take advantage of the Virgin Money No Annual Fee Card 0% p.a. balance transfer offer for 12 months if you are a new credit card applicant. You shouldn’t have an existing account with Virgin to avail their introductory promo. The balance transfer rate will revert back to 20.99% once the promo period ends.
I hope this helps. Please do not hesitate to reach out to us again if you have additional questions.
Cheers,
Ash
March 13, 2017
If I decide to cancel the card (with zero balance) in less than a year, will I be penalized?
March 13, 2017
Hi Andy,
Thanks for your question.
You’ll not incur a fee or penalty when you close your account in less than a year, as long as you did it the right way.
Cheers,
Anndy
January 17, 2017
Can one balance transfer amounts from 2 cards. One of self and the other spouse as long as they are both together within credit limit
January 17, 2017
Hi Param,
Thanks for your question.
Unfortunately, Virgin Money credit cards do not allow joint balance transfer. If you want, you can check the list of balance transfer credit cards that allow joint cardholders featured on our website.
Cheers,
May