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Virgin Credit Card

Virgin is famous for dipping their toes into almost every industry you can think of, from airlines to music and even wedding dresses. Now they've delved into the world of credit cards and that can mean savings across a range of Virgin products for account holders.

The Virgin credit card offers a range of features that you may find attractive. These include introductory interest rates and free travel accident insurance, all with no annual fee.

Introductory Interest Rates

Virgin are currently offering introductory interest rates on both purchases and balance transfers. The balance transfer offer lasts for the first 12 months of card membership and gives you a 0% p.a. interest rate. Do be aware, though, that there is a 2% handling fee charged for transferring balances.

Card members can also benefit from an introductory rate on purchases. Again, the interest rate is 0% p.a., this time for the first 3 months of card membership.

After the introductory periods are over, both interest rates will revert to the standard rate. The interest rate on this card is currently a Typical 15.9% APR variable.

Offers and Discounts

The Virgin credit card features a number of offers and discounts for cardholders. You can receive a 10% discount at a number of Virgin stores. These include Virgin Megastores, Virgin Holidays, Virgin Wines and more.

Card holders can also benefit from free purchase protection, up £100,000 free Travel Accident Insurnace and up to 50 days interest free credit on card purchases when you pay your bill in full and on time each month.

There is no annual fee for this card.



Summary Table

Standard Interest Rate	Typical 15.9% APR Variable
Balance Transfers	Typical 15.9% APR Variable
Cash Advance Interest Rate	Typical 24.9% APR Variable
Rewards	Discounts on Virgin products
Annual Fee	None
Online Account Access	Yes
Purchase Protection	Yes
Interest Free Period	Up to 50 days
Late Payment Fee	£12

Credit Sources Review

This card offers a reasonably long introductory period for discount interest rates. You can enjoy the discount rate for a full 12 months on balance transfers and for 3 months for purchases.

The Virgin discounts may be particularly attractive for many customers. Those that shop frequently at Virgin Megastore may be particularly interested in this. If you're looking to book a holiday soon, you might be interested in the 10% discount with Virgin Holidays.

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