Having so many possibilities nowadays to access a credit card, it is very easy for everyone who wants one. With so many offers on the market, it is quick and easy with just one search on the internet, and then you can determine which one suits you better.
If you are a British citizen and you have a good credit score, you can apply for Virgin Money without any hesitation. This card attracted a lot of people because of its 0% interest fee on purchases and money transfers.
In the following lines, we will see the benefits of Virgin Money card, how to apply, and its features.
Credit Card Features
This card has a 0% APR (Annual Percentage Rate), having this 0% is a huge factor against other credit cards who have a higher APR. The card has many attractive features such as 0% interest-free on purchases and introductory interest to attract more customers. Also, the card can help people reduce payments on their existing debts.Â
Benefits
This card comes with a lot of benefits for its customers. One of the advantages is that the customer has 0% interest on purchases for 20 months and 0% interest for balance transfers for 23 months. Another perk is that you have no annual fee on this credit card. Also, you can pay up to £45 on contactless payments.
Discounts and Point System
The cardholders can apply for the Money Back scheme, which is a reward system where the customers can save up money every day by shopping at well-known retailers like Apple, Tesco, and a large variety of retailers in the United Kingdom.
Pros, Cons, and Eligibility
On the good side, you can use the card worldwide on Mastercard locations and not paying an annual fee for this credit card. If you have a good credit score, you are eligible for Virgin Money in a heartbeat. You also have a 0% fee on purchases for 20 months, and you can manage your account online, dropping all the paperwork.
The customers can use this card in the customer’s Lounges owned by Virgin or its partners. The company offers a Money Back scheme where the customers are helped to save money if they spend their money with well-known retailers.
Besides that, the credit card has 0% APR in the first 20 months of use.
You also have a foreign exchange fee that comes with international transactions. This is 2.99% when you are paying for services or anything else that is not in the British pound currency.
If you are a British citizen, over 18 years of age, and having an annual income above £7000, you can check your eligibility online and apply for a Virgin Money card in a matter of a few minutes. You can check your eligibility by clicking here.
How to Apply
By using the eligibility checker, you are one step closer to fill all the required information that the service needs from you. This procedure can last up to 10 minutes, and after you will be notified about your eligibility and about your application if it is accepted or not.
Fees and Interest
Virgin Money card comes with a 0% APR (Annual Percentage Rate) for 20 months on purchases, and the card does not have an annual fee.
However, the card has some fees when it comes to transferring money or paying for services that cannot be paid in the sterling currency. This fee is 2.99% when you are paying something abroad and 4% when you are transferring money.
Contact Details
The Virgin Money credit card is issued at the following address.
Clydesdale Bank PLC in Scotland, Saint Vincent, Glasgow, G1 2HL, United Kingdom.
You can also use the following phone number from 8-5, Monday to Friday and Saturday from 9 am to 1 pm if you have any queries about your application.
Customer services 0800 389 2875
Conclusion
If you want to own a credit card that has a lot of benefits and 0% APR, which is excellent, Virgin Money is an excellent option for you. It can help you saving money through your shopping and save money every day. If you think this product suits you, what are you waiting for?
Note: There are risks involved when applying and using a credit card. Please consult the bank’s terms and conditions for more information.
