Virgin Mastercard

The Virgin Money Mastercard is consistently the market leader for best balance transfer offer. At present they are offering 0% for 16 months on balances transferred with a transfer fee of 2.98% (slightly less than the 3% industry standard). What this means is that if you get a credit limit of £5000 you can transfer 95% of this, which is £4750 for a 2.98% fee of £141.55. In effect this means you can borrow £4750 for 16 months at a total cost of £141.55. which is nearly twice as cheap than any loan rate that can be found in the current market. Normally to get the money off the card you have to transfer the balance onto another credit card you ...  Read the complete review

I was recently searching for a new credit card which would have the added incentive of a length period of 0% balance transfers. I have noted that since the dreaded credit crunch banks have pulled so many of these attractive offers and so it was a welcome surprise to see that Virgin were offering a very enticing credit card. The details of this offer are that you have a 2 months interest period on new purchases you use with this credit card and a whopping 16 months interest free credit with balance transfers. The former was a little disappointing but by no means a deterrent towards having the credit card. The truth be told I along with many other people I am ...  Read the complete review

I saw an advert for the 16 months interest free credit card from Virgin so enquired online. After reading the small print to make sure there wasn't a sting in the tail of the offer, I went ahead and ordered the card. It was simple! I received the card and online banking details shortly afterwards and logged onto the website with no problems. When you receive the card, you need to register it for security purposes by ringing a phone number. When I rang there were quite high pressure sales in terms of trying to persuade me that I require credit card protection or loss of personal details insurance but I was quite firm that I didn't want the products so after a ...  Read the complete review

DON'T BE CONNED

I WANTED TO TRANSFER JUST UNDER £8000 AFTER READING OF THEIR OFFER IN SUNDAY TIMES FOR 16 MONTHS AT % INTEREST AND 2.98% HANDLING FEE. WELL IT TURNS OUT THAT IT IS ALL ABOUT A ''LUCKY DIP'' I THOUGHT AT FIRST THAT I MISS HEARD BUT NO HE REPEATED IT AGAIN AND AS I HAD MISSED THIS ''LUCKY DIP'' I CAN HAVE 3% HANDLING FEE AND ONLY 9 MONTHS AT% INTEREST!!!!!
I WAS NOT AWARE THAT VIRGIN WAS OFFERING A LOTTERY IN A SHAPE OF A LUCKY DIP AND I UNFORTUNATELY MISSED IT!!!!!!!!!!!!!

I applied for a Virgin card purely because my previous card was coming to the end of the 0% interest period and my balance was still a bit high. I applied for the Virgin card online. It took about 5 minutes and it was really easy to do. I input my previous card on there so that if i was issued a card then the balance could be transferred straight away. As soon as i submitted my application i was informed that i had been accepted and the card and details would be sent to me within 7 - 10 working days and that the balance transfer would be dealt with straight away. The reason i opted for a Virgin card was due to the offers they currently had on. There was ...  Read the complete review