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

Find out why so many Australians are changing banks, by making a Virgin credit card balance transfer, and getting a special low interest rate on their existing credit card debt.

With Virgin Money’s recent launch of two new Virgin credit cards, namely the Virgin Flyer Credit Card and the Virgin No Annual Fee Credit Card, expect them to take over a fair portion of the credit card market, especially considering the excellent conditions and rates offered to Australian consumers.

Virgin No Annual Fee Credit Card

If you are after a credit card that does not charge you an annual fee each year, just for having the card, the Virgin No Annual Fee Credit Card could be the answer for you. You can also take advantage of the balance transfer option, if you are looking to change banks and switch to Virgin Money.

• $0 annual fee
• 18.99% p.a. on purchases
• 2.9% p.a. for 6 months on balance transfers
• Cash Advance Rate of 20.99% p.a.
• 44 days interest free
• Minimum Income Requirement of $25,000 p.a.

Read the Virgin No Annual Fee Credit Card terms and conditions.

Virgin Balance Transfer

The original Virgin credit card lasted for five years from 2003, but problems with the issuer Westpac meant that Virgin lost their portfolio to Westpac in 2008. Now Virgin Money Australia has recently relaunched their credit cards, and that can only be good news for the Australian consumer. First time round, 800,000 people took up the Virgin credit card because it adopted a new approach. Where most credit card issuers were increasing their rates and fees, Virgin did not charge an annual, had a low rate of interest, and their balance transfer offers made a Virgin credit card balance transfer a very attractive proposition.

Currently, the Virgin No Annual Fee Credit Card offers a 2.9% p.a. for 6 months while the Virgin Flyer Credit Card comes with a balance transfer rate of 1.9% p.a. for 9 months.

Making a Virgin credit card balance transfer will be a good idea for anyone who is carrying a debt at a regular rate of interest that they cannot envisage paying off within two or three months. The only drawback, when considering this for a smaller debt, is the annual fee for the Virgin Flyer Credit Card which works out to approximately $99. However, since the Virgin No Annual Fee Credit Card offers much better conditions for balance transfers and incurs no annual fees, this would be the better option, no matter how much outstanding debt one has.

For example, not only does the Virgin No Annual Fee Credit Card have a lower rate for balance transfers but the purchase rate is also lower at 18.99% p.a. when compared to the Virgin Flyer Credit Card at 20.99% p.a. and many other credit card offers currently on the market. This makes it a perfect solution for anyone looking to get their personal finances under control.

If you do have a debt that requires a lower rate of interest, it would be a good idea to check out a Virgin credit card balance transfer, especially at the rates offered by the Virgin No Annual Fee Credit Card.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%