Virgin Money Balance Transfer
- Up to 28 months at 0% interest on balance transfers made in the first 60 days. Fees apply.
- 12 months at 0% interest on money transfers made in the first 60 days. Fees apply.
- 3 months at 0% interest on spending.
Credit is available, subject to status, only to UK residents aged 18 or over. If we do not receive the minimum payment when it’s due, or you go over your credit limit, we will withdraw the promotional rate with effect from the start of that statement period. You will not be able to transfer a balance from another Virgin Money, Clydesdale Bank, Yorkshire Bank, or B credit card.
With a money transfer you can move up to 95% of your credit limit into your current account. With a balance transfer you can move up to 95% of your credit limit to your Virgin Money Credit Card.
There are a lot of things that you need to know and after learning all the benefits that occurred has, it is time for you to learn how you can actually apply for it. Don’t worry, it’s very easy. Down below, we’re going to teach you everything you need to know so that the application is possible.
What are the best cards in the UK?
What are the requirements needed to apply?
Having a credit card also requires you to have some things to make sure that the company accepts you. Those things are called requirements, and the requirements are never that complicated to follow to help you out. We brought you a list of the official requirements that you might need when applying for a card.
- Must be aged 18 or over
- Must be a UK resident
- Must have a UK bank or building society account
- Must have a good credit history
- Must have an annual income of £7,000, or household income of at least £15,000
- Must not be bankrupt, in an IVA, have CCJs or defaults
What documents are needed to request the Virgin Money Balance Transfer Card
And just like you still have some requirements you need to meet to make sure that you are being truthful, you’re going to need some documents to put your identity. Don’t worry, they are not complicated and are very simple. Don’t below we’re going to bring you some of them.
- Proof of identity,
- Proof of residency.
What are the biggest uses of this credit card?
So one of the things that you are going to learn here is where you can use the credit card. Don’t worry, we’re going to teach you well. Let’s take a look down below.
Cashback spending on retailers
One thing that you might not really know is that this card has one of the most looked out benefits in cards, and we are talking about the cash back. The cash back, of course, is going to have some specific things that you need to follow so that you can make use of it. But don’t worry, it’s not that complicated.
Unfortunately, we don’t really know the specifics on how you can earn, but we can tell you that for every time you use the credit card, you will earn a certain percentage. Then with the gains that you have, you can spend it on retailers.
No interest on balance transfer
Just like the name says, one of the biggest benefits and selling points of the card is going to be the fact that it has no balance transfer. To be honest, balance transfer is such an important thing that many people are not aware that it exists. Which is why cards that actually have will show you the real benefits of having no fees on the matter.
So in the first 16 months having the credit card you will not have to pay a single fee on balance transfer that you can even spend less money on things and get out of debt on credit cards way faster.
Take advantage of this opportunity and apply for this amazing card now!
No interest on purchases
And just like we mentioned above, this credit card has a lot of things where you will not have to pay any fees. It would be no surprise if we told you that you still have no interest in another thing. If you do get this card, prepare to not have any interest on purchases for the first three months.
You do not have to worry about anything since the purchases are any kind of purchase. At least that is what we are inclined to believe, since the company does not specify anything about it.
No annual fee
And finally, the annual fee. An annual fee is actually one of the most complicated matters on the card, since our many people that absolutely despise it and others that don’t really mind. If you are the letter, then discard is for you because you have all of these amazing benefits and Even so, you will not have to pay any annual fee.
Our advice for those who are going to apply for the Virgin Money Balance Transfer Card
We have quite a few advices that you can actually benefit from, but here we’re going to tell you the most important one. And that is to read all the fees that the card has. This card is a balance transfer card, meaning that you have benefits on the matter. Still, those are not eternal benefits.
So we want you to be aware that after some time you will have to pay the balance transfer, although it might be. More than in some cards, it’s still something you must be aware of.
Weighing advantages and disadvantages – Is it worth it?
There are so many benefits that you can find in the credit card, and that is why we are here to tell you that it is not over. Even if this card has negative points, it doesn’t mean that it is a bad card. It just means that you need to see why the points exist and how you can not be bothered.
One of the things that usually helps a lot is taking a look at all the benefits that you can have, and this card sure has a lot. You have cash back, a nice way to get your credit limit to faster, and lots of things like that. So by the end of everything, we are completely sure that it is worth it.
Request your Virgin Money Balance Transfer Card on the official website once and for all!
Is the application process the part where you are more scared? Don’t worry, we are going to help you right now. You see, if you are looking For more information on the application process, we must tell you that it does not take any time.
The company itself will guide you on the website, and you don’t have to worry but to reach the website, you also don’t need to leave the website right now since you can just click down below and go to the official page. So if your goal is to apply, let’s take a look.
