Virgin set to launch a new Credit Card in 2010

Citibank Australia and Virgin Money Australia have formed an alliance to offer a new Virgin Money credit card and financial services to Australians that are Virgin branded.

This relaunch is slated to happen in 2010. This Citibank credit card is destined to be a hit and the Australian market is certainly ready for it.

The first of these retail banking products will be introduced in 2010 and you will be able to fill out a Virgin card application then. A broad range of banking products, including credit cards will be released at that point. It is a strategic alliance that in the end, will end up benefiting Australian consumers the most.

Virgin Flyer Credit Card

Want a free flight? Use your Virgin Flyer credit card before October 15th and you’ll receive a free flight automatically. Apply for your new credit card today to fly for free.

• $99 annual fee
• 20.99% p.a. on purchases
• 6.9% p.a. for 6 months on balance transfers
• Cash Advance Rate of 20.99%
• Minimum Income Requirement of $50,000 p.a.
• Redeem your Velocity points for flights to over 400 destinations in Australia and overseas

Click here to read the Virgin Flyer Credit Card terms and conditions

Talking on behalf of of Virgin Money Australia, managing director Matt Baxby has stated that Virgin is very excited about working with Citibank in order to give people everything they expect from Virgin, including excellent customer service and great value on banking products. The year 2010 will be the year that Virgin can offer Australian consumers a banking alternative that is genuine. This includes the Virgin Money credit card amongst many other financial products and services.

The Chief Executive Officer of Citibank Australia, Roy Gori, which is the banking arm of Citi for consumers, has stated that this joint venture will combine the banking services of Citibank with Virgin Money’s marketing and brand expertise. He also goes on to say that this combination of efforts will be powerful and many Australians will benefit from the Virgin credit card and other banking services.

The Virgin Money credit card will offer great customer service and value to Australians. Virgin believes that there is room for more competition amongst credit cards, and is ready to give you this new card with everything you’d expect from Virgin and more.

Virgin No Annual Fee Credit Card

If you want card security, a fee-free card forever when it comes to annual fees, low interest rates, great balance transfer rates and freebies, then the brand new Virgin No Annual Fee Credit Card is worth a closer look.

• $0 annual fee
• 16.95% p.a. on purchases
• 2.9% p.a. for 6 months on balance transfers
• Cash Advance Rate of 20.99%
• Exclusive Virgin Family offers and discounts

Click here to read the Virgin No Annual Fee Credit Card terms and conditions

• Comparison of Top 10 Credit Card Offers

Editor's Choice: Our Top Credit Cards

Credit Card	Card Details	Interest Rate (p.a.)	Cash Advance Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Interest free days (up to)
HSBC Credit Card	Editor's Choice: 0% for 6 months Balance Transfer & No Annual Fee Featuring a $0 annual fee for life, and 0% p.a. balance transfer for 6 months, the HSBC Credit Card was voted the Best Transactor Credit Card for 2010.	16.99%	20.75%	0% for 6 months	$0	55
Suncorp Clear Options Standard Visa Card	A great 12 month balance transfer offer, combined with a low annual fee and a good interest rate on purchases.	12.24%	17.99%	1.9% for 12 months	$39	0