Virgin Money Deals

Virgin Money Deals & Offers

21 hot deals

All Virgin Money Deals, Discounts & Sales for February 2018

Virgin Money all-round credit card: 27 months 0% interest on balance transfers, purchases and money transfers
260°
Found 19th FebFound 19th Feb
Virgin Money has re-vamped its all-round credit card. It now offers: 27 months 0% on purchases 27 months 0% on balance transfers (2.9% BT fee) 27 months 0% on money transfers … Read more
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Thanks! Signed up and got enough to cover half of our honeymoon... I tried to sign up for the Barclaycard one yesterday but the site kept crashing...
Anon323 h, 9 m ago

How can you do that? Unless you have money transfer i can only put extra …How can you do that? Unless you have money transfer i can only put extra on my mortgage as a standing order or direct bank transfer. No way to make a card payment



What unhappy bunny says above, If you have a high interest savings account, put it there. If you have an offset mortgage, put it in one of the offsetting accounts. You have to be disciplined not to spend it then after 27 months, transfer it back to Virgin.
unhappybunny41 m ago

Good TipIf you want CASH £££££££££s in hard ready cash, but the cash rate i …Good TipIf you want CASH £££££££££s in hard ready cash, but the cash rate is too high or your card won't allow it...Then you have a second credit card, regular CC which you have £0 balance on...On the one with free/low balance transfer rate to another CC, call them up and transfer say a grand to the other long standing CC with zero balance.After the bal transfer completed and you get your next statement from the other CC which will now show as being £1k in CREDIT....call them up and say "hello, I seem to be in credit, please can you arrange my credit balance to my current account"..They will transfer the credit balance of £1k to your current acc, or send you a cheque...Go to the Bank/ATM and withdraw the cash, and you have £1k in your hands !!Lovely


Sounds dodge
Good Tip

If you want CASH £££££££££s in hard ready cash, but the cash rate is too high or your card won't allow it...

Then you have a second credit card, regular CC which you have £0 balance on...

On the one with free/low balance transfer rate to another CC, call them up and transfer say a grand to the other long standing CC with zero balance.

After the bal transfer completed and you get your next statement from the other CC which will now show as being £1k in CREDIT....

call them up and say "hello, I seem to be in credit, please can you arrange my credit balance to my current account"..

They will transfer the credit balance of £1k to your current acc, or send you a cheque...

Go to the Bank/ATM and withdraw the cash, and you have £1k in your hands !!

Lovely
Master.G4 h, 52 m ago

Ideal for stoozing: placing in a high interest savings account or …Ideal for stoozing: placing in a high interest savings account or offsetting against your mortgage.


How can you do that? Unless you have money transfer i can only put extra on my mortgage as a standing order or direct bank transfer. No way to make a card payment
Free complimentary refreshments - wifi - newspapers - magazines - watch Tv - iPad usage - free events @ Virgin Money Lounges
470°
Found 8th FebFound 8th Feb
Just a reminder of this freebie - if you are a Virgin money customer e.g. bank account, ISA, credit card you have access to their city centre lounges Get complimentary refresh… Read more
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london one looks like a ruddy PLANE simulator ..wot no pool table, darts board? bowling alley . Thats it mate , I'm moving to sheffield!
33233150-AxC3a.jpg

I don't have Virgin bank account but if I use their products can I still get in ??
Just signed up so will try and use when I goto London next month. I'm intrigued!
AW007912 h, 4 m ago

You don't have to be a member.


And how do you do it without being a member?
Virgin Money 24-month 0% balance transfer credit card, no BT fee
208°
Found 9th JanFound 9th Jan
Hey… I just found a balance transfer credit card with a decent 0% period and zero fee. Virgin Money’s 24-month balance transfer credit card offers: 0% on balance transfers for… Read more
Editor Get dealGet deal
muz37913 m ago

Balance transfer is when you transfer the credit balance from one card to …Balance transfer is when you transfer the credit balance from one card to another . Money transfer is when you transfer cash into your bank account and it is then reflected on your credit card balance .


Thanks for that! Appreciated.
ianispne51 m ago

Pretty novice question but what is the difference between a balance …Pretty novice question but what is the difference between a balance transfer and a money transfer? I've started paying interest on my current credit card and just want to shift it on to a new one. To clarify will this transfer my credit card debt at 0%? I've never done it before. Thanks in advance.



Balance transfer is when you transfer the credit balance from one card to another .

Money transfer is when you transfer cash into your bank account and it is then reflected on your credit card balance .
Pretty novice question but what is the difference between a balance transfer and a money transfer? I've started paying interest on my current credit card and just want to shift it on to a new one. To clarify will this transfer my credit card debt at 0%? I've never done it before. Thanks in advance.
Is it just me or has anyone else been declined by the soft credit check? I wanted to transfer £5K from the cost of recently buying a property. My credit rating on Experian is over 980. I thought I'd have a good chance. Does anyone else know about Virgin's criteria?
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Virgin Money back £20 cashback treat
-61°Expired
Found 8th Dec 2017Found 8th Dec 2017
For those of you with a virgin credit card, use a recognised retailer of Virgin and earn cashback over £0.01 and received £20: Earn cashback when you shop for loved ones this Chri… Read more
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Where does it say about the £20?
ruudvanbains2 h, 0 m ago

https://uk.virginmoney.com/virgin/credit-cards/virgin-money-back/



Doesn't say you will get £20 cashback.
Link does not work.
Original Poster
Its like there own quidco, but you have to use there credit card. My understanding is that if you track a cashback over £0.01 you will get £20...
0% for 20 Months Money Transfer credit card (transfers cash from credit card to bank account)  -  1.9% fee - lowest fee in the market @ Virgin Money
351°Expired
Found 1st Dec 2017Found 1st Dec 2017
Decent deal, this is the lowest fee you will pay for a money transfer giving 20 months 0% interest. Useful if you want to consolidate non credit card debt e.g. a loan, or need ext… Read more
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Seems like they’ve upped it to 2.7%? Or have I missed something.
Just a heads up if you miss a payment with these guys they will grab you by the neck, I was stupid enough to miss one.
32625814-38EXH.jpg


every one that needsto do it should be on it chichi, great rate
THE Great Chanchi
Original Poster
johnszi2310 m ago

I think he was talking about the one above not the one chosen on the pic. …I think he was talking about the one above not the one chosen on the pic. That gives you 24 month for 0%.




not sure but the one you highlighted is 24 months 0% but 4% money transfer fee

it has 24 months 0% balance transfer no fee - but that's not a money transfer e.g. is shifting credit card debt to another credit card
Edited by: "Chanchi32" 1st Dec 2017
5 Year Fixed Rate Cash ISA - Paying 2.4% - Virgin Money
258°Expired
Found 16th Oct 2017Found 16th Oct 2017
So this rate is a good step above the low 1.something% that have been on offer for quite some time. Indeed its a better rate than almost all non-ISA interest paying accounts. It's… Read more
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Original Poster
Thar26th Oct

Sorry if it's obvious, but do you lose interest if you transfer away …Sorry if it's obvious, but do you lose interest if you transfer away before the fixed period ends?


No need to apologise for it being obvious.
Sorry if it's obvious, but do you lose interest if you transfer away before the fixed period ends?
whickerg16th Oct

The political pressure to keep rates low through brexit will mean this …The political pressure to keep rates low through brexit will mean this could be a better bet for safe money then a stocks and shares based 5year deal, as the markets will be fragile if not unstable due to investments in the pound factoring For a decent return at todays rates, this is hot as its a deal that is safe, sure if you have the time and knowledge to play markets so be it. My stocks and shares isa funds have given me 1.8, 3.7 and 6.7% returns over the last 3 years, and they are "stable funds.


You must be invested in a poor fund to get returns like this might want to change it. However you have gained an average of over 4% p.a from your Stocks and shares ISA far higher than 2.5%
I used to work for these clowns, they've been absolutely convinced of a 'guaranteed' rate rise for years. Never happened, and was never even close to happening. The work that me and others had to do at the drop of a hat to plan for this dead cert rise was all wasted. Every time.
Original Poster
Thar2 h, 33 m ago

I currently have a non fix cash ISA with Virgin. I got an email from them …I currently have a non fix cash ISA with Virgin. I got an email from them today to say the rate was being halved, but they are offering existing customers an exclusive 5 year fixed cash ISA at 2.5%.


Ah yes. I actually got the 2.5% fix myself but didn't post it here as couldn't get it to come up on their site when I wasn't logged in.
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Man Utd E-Isa 1.2% AER and when they win the Premier League and FA Cup this year it gets bumped upto 3.2%. So it's basically a guaranteed 3.2% ;-) @ Virgin Money
-108°Expired
Found 6th Oct 2017Found 6th Oct 2017
The Man Utd Double Champions E-ISA offers a standard fixed rate of interest for a year. And if Man Utd win the Premier League and the Emirates FA Cup, we'll increase your savings r… Read more
Speculator8 h, 30 m ago

Ford Money is run by Newcastle Building Society

How do you know this??
rejji844 h, 38 m ago

Confused on the Newcastle BS part how can they confirm it?



Ford Money is run by Newcastle Building Society
Speculator19 h, 55 m ago

7 x 250 per month x 11 months = £19,250. Will make a final £750 (split i …7 x 250 per month x 11 months = £19,250. Will make a final £750 (split into 7 so approx 7 x £107) payment on 22nd April 2017 via internal transfer from Ford instant ISA so final payment doesn't count as 2017/18Ford money AKA Newcastle BS confirmed this would be okay.

Confused on the Newcastle BS part how can they confirm it?
rogparki16 h, 20 m ago

I think I get it - the max amount you can save each month (to get that …I think I get it - the max amount you can save each month (to get that rate )is £250 . A bit like the Nationwide flex regular saver 5% but the maximum is £500 per month . Weird that they put a cap on how much you can save a month then let you open multiple accounts .


It was an oversight, they never meant to allow people to open more than one. They would have closed the extra accounts, and they did exactly that with the non-ISA version of the saver, but they weren't specific enough with the ISA terms, and it then became closed after a day or two due to heavy demand. The end result, in this case, would have been that 1 person ended up with 7 accounts, rather than 7 people each with 1 account as Ford would have intended.

It's a bit meaningless for it to have been brought up at all in this thread, being a clear error by Ford Money.
Speculator3 h, 26 m ago

7 x 250 per month x 11 months = £19,250. Will make a final £750 (split i …7 x 250 per month x 11 months = £19,250. Will make a final £750 (split into 7 so approx 7 x £107) payment on 22nd April 2017 via internal transfer from Ford instant ISA so final payment doesn't count as 2017/18Ford money AKA Newcastle BS confirmed this would be okay.



I think I get it - the max amount you can save each month (to get that rate )is £250 . A bit like the Nationwide flex regular saver 5% but the maximum is £500 per month . Weird that they put a cap on how much you can save a month then let you open multiple accounts .
Virgin 40 months 0% interest free balance transfer with a low 1.7% fee
288°Expired
Found 31st Jul 2017Found 31st Jul 2017
This Virgin Money* card offers more than three years at 0%, with a lower fee than the the highest card at 41 months. This is one of the lowest fees i've seen for 40 months Also i… Read more
Original Poster
AdamBrunt10 m ago

We have a car loan with First Direct (which has about 1 year left @ 4.5% …We have a car loan with First Direct (which has about 1 year left @ 4.5% and an O/S balance of about £3k which was done via the equity on our mortgage with them).Should it be possible to get them to move the £3k into our FD current account and then transfer over to this card as a balance transfer ? If so, would it be worth it ?


I'm not sure what you mean a balance transfer is debt from exisiting cards to another card you cannot balance transfer mortgage debt to a card.

You're saying you can move the money to your current account but its debt so you'll have a negative balance and you need to have 3k overdraft with them to be able to do that! They will charge an apr for this

Then you could move it to a credit card but it would normally be a money transfer card with a fee of about 3% making it £90 quid to transfer it might work out cheaper than paying 4.5% apr but to be honest you'd be better just paying it off quicker rather than all this hassle
Edited by: "Anon32" 6th Aug 2017
We have a car loan with First Direct (which has about 1 year left @ 4.5% and an O/S balance of about £3k which was done via the equity on our mortgage with them).

Should it be possible to get them to move the £3k into our FD current account and then transfer over to this card as a balance transfer ? If so, would it be worth it ?
2years 0% is obviously the best deal
Original Poster
premierfella1 h, 45 m ago

No going back I'm afraid. But HUKD are continuing to develop the new site …No going back I'm afraid. But HUKD are continuing to develop the new site so I'm sure the look will steadily improve in time.


Can they put how long ago a deal was posted and not the date. Why do things have to be changed that don't need changing. Why does it have to say original poster after my name surely that is obvious as it says at the top. I know people don't like change but something that wasn't broken why waste time chagning stuff that doesn't need to be
Its never been so cheap to get sucked into debt.

Great deal.. in a way
Edited by: "anthony69" 1st Aug 2017
Virgin Money balance transfer credit card 0% for 38 months interest free!
463°Expired
Found 13th Jul 2017Found 13th Jul 2017
This Virgin Money card offers more than three years at 0%, it's a good option if you're sure you can clear your debt in 38 months. Need-to-knows - You need to transfer a balance… Read more
I managed to miss a payment after taking this out a year ago & got screwed over very nicely -_- my fault I'll never give big companies like this a chance to rob me; you get no second chances be warned guys.
You've been invited to become a member of Virgin Red. Win prizes and get great offers. Sign up using the code QOAJT3 to receive your bonus points. virg.in/e84im
1.5% fee... Fcuk that

much better to get shorter term with no fee and transfer at end if you have debt
It is now optimised. I agree I'm not a fan mind. Took it out of a NIL fee last year and they added 3% so i queried it and they denied offering nil fee so i sent the confirmation email confirming what it said and they ignored it.
Also. I made a large purchase on it and paid it off the same month to avoid interest but they applied the payment against the previous months balance and then charged me interest on the purchase. I'm not expert but i thought it was standard practice to apply payment against interest accruing balances first.
Would avoid personally.[/quote]


If you paid the amount off before your purchase appeared on a statement, the payment would have been applied to the previous months balance.

Also, avoid spending on a balance transfer card because unless you have a 0% purchase offer, you'll usually pay interest on the purchase from the purchase date unless you clear the balance in full (including the balance transferred).

Edited by: "Spartan88" 14th Jul 2017
dantesfireplace

My experience last/this year with a Virgin Credit card has been bad.No … My experience last/this year with a Virgin Credit card has been bad.No mobile app (just madness in 2017)Website for the online account isn't optimised for either mobile and strangely, nor is it optimsed for normal use either.Asked them to close my account but they left it open for a further 3 months.8 months after closing the account they send a 'live' account statement to my previous address.Each time I've called their customer service they sound very inexperienced and you worry that they can actually resolve anything.



It is now optimised. I agree I'm not a fan mind. Took it out of a NIL fee last year and they added 3% so i queried it and they denied offering nil fee so i sent the confirmation email confirming what it said and they ignored it.

Also. I made a large purchase on it and paid it off the same month to avoid interest but they applied the payment against the previous months balance and then charged me interest on the purchase. I'm not expert but i thought it was standard practice to apply payment against interest accruing balances first.

Would avoid personally.
Virgin balance transfer credit card. 24 months 0% with a 0% transfer fee
262°Expired
Found 11th Jul 2017Found 11th Jul 2017
I just noticed virgin credit cards are doing a 24 month 0% balance transfer card with a 0% transfer fee. I posted their 30 and 32 months deal earlier with a 0.55% and 0.6% fee but … Read more
Original Poster
Iuly30th Jul

Can I transfer money from this card to my current account or just balance …Can I transfer money from this card to my current account or just balance transfer to another credit card??

Yes you can do a money transfer but the fees are high at 3 or 4% so it's not worth it. Much better to just transfer a balance.
Can I transfer money from this card to my current account or just balance transfer to another credit card??
Original Poster
veganway

Existing customers?



Normally these 0% deals are for new customers transferring a balance
Existing customers?
Original Poster
luvsadealdealdeal

yep there is a contradiction in terms on their pageboth things can't be … yep there is a contradiction in terms on their pageboth things can't be true



No contradiction they're just different things. 4% for money transfers to your bank account and 0% for balance transfers.
virgin credit card balance transfer 30 months at 0% with 0.55% fee
246°Expired
Found 11th Jul 2017Found 11th Jul 2017
Virgin have a number of balance transfer cards with different terms and fees up to 3% but the best two we found were 30 months 0% on balance transfers with a 0.55% transfer fee 32… Read more
Original Poster
There's no such thing as a stupid question.
You normally can't get a balance transfer card if you already have a card with that bank.
There are plenty of balance transfer cards out there that you can transfer your current balance. This one is a good deal but there are others you can get if you already have a virgin card. The 0% periods range up to 40 months but you want a low transfer fee to make it worthwhile.
Stupid question... can you get a second card if you already have one and transfer from that?
Original Poster
gwapenut

Cash withdrawals can hurt your credit rating so I use a low rate mule … Cash withdrawals can hurt your credit rating so I use a low rate mule card with no handling fee for money transfers, then BT from that. But .... can money transfers to a current account hurt your credit rating n the same way as cash withdrawals?



Money transfers on a new card along with balance transfers cards all temporarily effect your credit rating in the same way that a new credit card application will hurt your credit rating. Even an increase in your credit limit on an existing card will lower your credit rating temporarily.
gonoel23 m ago

Money transfers never seem to go low. Best way is to withdraw funds on …Money transfers never seem to go low. Best way is to withdraw funds on your old card and then do a balance transfer


Cash withdrawals can hurt your credit rating so I use a low rate mule card with no handling fee for money transfers, then BT from that. But .... can money transfers to a current account hurt your credit rating n the same way as cash withdrawals?
Original Poster
2015

Ahhh thought this was on money transfers. Been holding out on the 2.9% … Ahhh thought this was on money transfers. Been holding out on the 2.9% fee. Thought it had finally dropped



Money transfers never seem to go low. Best way is to withdraw funds on your old card and then do a balance transfer
Virgin Single Trip Travel Insurance - £4.54 (possible £9 TCB)
280°Expired
Found 23rd Jun 2017Found 23rd Jun 2017
Going away to the UK for a three-day trip? Virgin's travel insurance is only £4.54 for their Silver policy at the moment, when you choose a £120 excess. Not only that, but TopCash… Read more
Get dealGet deal
billbennett1

But does that give you £9 TCB for spending £4.54?



No, it gives you 12 months of 2 for 1 cinema tickets, which in most places will be more than £9 benefit after 1 or 2 films!
Original Poster
ToxicNeo

Surely the compare the market deal with 12 months meerkat movies is a … Surely the compare the market deal with 12 months meerkat movies is a better deal? Or has that now finished?


But does that give you £9 TCB for spending £4.54?
Original Poster
rucer07

Cold, quoted £19 for single trip in Europe for 1 person. How did you get … Cold, quoted £19 for single trip in Europe for 1 person. How did you get £4.54


Because the deal above isn't for Europe, it's for the UK
Surely the compare the market deal with 12 months meerkat movies is a better deal? Or has that now finished?
Cold, quoted £19 for single trip in Europe for 1 person. How did you get £4.54
2 year fixed rate bond 1.61% @ Virgin Money and 1.76 at Chartered Savings
-204°Expired
Found 30th May 2017Found 30th May 2017
Best rate for quiet some time. Don't know how long it will last. Just came out today @ 2pm. There are some good 1 year fixed as well. These are good deals relative to the interes… Read more
Master.G

1.61% lol. Inflation is at 2.2%. You'd be better off spending your cash … 1.61% lol. Inflation is at 2.2%. You'd be better off spending your cash on goods and selling them at the end of the year.



Do let us know how you get on with that business plan.
ScoobyZ

TSB is just one element.If finances separate than half the amount or … TSB is just one element.If finances separate than half the amount or learn to trust. :)Tesco Direct Debits to Savings accounts remove the need to do the charity direct debits as they pull the amounts (Internet and regular saver*). *also mentioned earlier.Tax threshold is £1000 per person. Example was for two people so no tax to pay under £2000 so not an issue at all.



​you stated


Tax threshold is £1000 per person. Example was for two people so no tax to pay under £2000 so not an issue at all.

which is incorrect it is £1000 for people on no tax or 20% and £500 for people in the 40% tax bracket
GAVINLEWISHUKD

Nice calculator and looks super useful.Couple of points. I already have a … Nice calculator and looks super useful.Couple of points. I already have a TSB account on the old rates so wouldn't be eligible.My finances are not mixed with the girlfriends finance.24 direct debits need to be set up. Charity ones are great but that a £288 a year hit to the interest. This drops the rate down to just over 2%.Next issue is you have now gone over the savings tax threshold by £390 so you will be taxed on all of it and have to claim it back.But it is worth considering maximising the accounts for a high return on a smaller amount and keeping some in a tax free ISA.





TSB is just one element.

If finances separate than half the amount or learn to trust.

Tesco Direct Debits to Savings accounts remove the need to do the charity direct debits as they pull the amounts (Internet and regular saver*). *also mentioned earlier.

Tax threshold is £1000 per person. Example was for two people so no tax to pay under £2000 so not an issue at all.
Edited by: "ScoobyZ" 31st May 2017
ScoobyZ

You can place £50,000 in 16 accounts to give £1,390 a year return (net 2 … You can place £50,000 in 16 accounts to give £1,390 a year return (net 2.8% interest)**Based on a couple with regular savings and bank accounts.https://www.bankaccountsavings.co.uk/calculator



Nice calculator and looks super useful.

Couple of points.
I already have a TSB account on the old rates so wouldn't be eligible.
My finances are not mixed with the girlfriends finance.
24 direct debits need to be set up. Charity ones are great but that a £288 a year hit to the interest. This drops the rate down to just over 2%.
Next issue is you have now gone over the savings tax threshold by £390 so you will be taxed on all of it and have to claim it back.

But it is worth considering maximising the accounts for a high return on a smaller amount and keeping some in a tax free ISA.
Banned
I think it's a good deal for what it is. Yes, you can get more interest on a very different type of account and yes this rate is lower than inflation, but this type of account is very popular, and this rate is one of the better ones around.
0% for 41 Months on Money Transfer (Bank Account Transfer) & Balance Transfer Credit Card @ Virgin Money
-84°Expired
Found 20th May 2017Found 20th May 2017
0% for 41 Months on Money Transfer (Bank Account Transfer) & Balance Transfer Credit Card Transfer fees Balance transfer fee - 3.00% fee Money transfer fee - 3.80% fee @ Vir… Read more
signed up last month.

Just FYI.. Their Online Services are basic for now...

and they DO-NOT have an app.... [im looking at changing to another company]
Better than pay day loans plus it is 41 months so more than 3 yrs
this used to be 1.6%. not a great deal at this rate imo, some banks offer sub 3% loans.
Best Value 32months Balance transfer for only 0.66% fee @ Virgin Money
427°Expired
Found 11th Dec 2016Found 11th Dec 2016
Not sure if posted before but currently best value balance transfer deal @ only 0.66% for 32 months Virgin Money - dadofdaisy
If I already have a money transfer card which I've taken out a year ago, can I apply for another card with another deal?
Virgin seems to have many different cards with deals.
A2DY_

Doesn't seem best value unless I'm missing … Doesn't seem best value unless I'm missing something?https://www.barclaycard.co.uk/personal/credit-cards/platinum-third-balance-transfer



Does this one allow you to transfer into your personal account like Virgin?
Great. Let's start another financial crash. For those who have no idea on why they offer interest free periods check this basic explanation of Securitisation: http://mx.nthu.edu.tw/~chclin/Class/Securitization.htm

From CC to overdrafts to student loans to mortgages to personal loans. A real house of cards.
mayzi

Yes if you pay it back in time ..Virgin are better for money transfers



​Thank you
homebird1

Sorry could someone help me? if I want to take a loan of say £5000, is … Sorry could someone help me? if I want to take a loan of say £5000, is it cheaper to transfer it from credit card to bank with these cards? if it is which card is the best? virgin or barclays



Yes if you pay it back in time ..
Virgin are better for money transfers
Cheapest "loan" of cash you'll ever get with a Virgin money bank transfer credit card (1.69% for 32m) Thats £16.90 total cost to borrow £1k (or £169 for £10k etc etc)
383°Expired
Found 9th Nov 2016Found 9th Nov 2016
Already posted here (but expired) https://www.hotukdeals.com/deals/cheapest-loan-cash-ll-ever-get-with-a-virgin-money-bank-transfer-credit-card-1-69-2475701 and all credit goes to… Read more
Get dealGet deal
Now went up to-1.99% fee
Hi, to those who are waiting on confirmation. They currently have a huge back log. I applied 21st November and only just got a response and acceptance email.
A2DY_

Better off getting a standard balance transfer card (e.g … Better off getting a standard balance transfer card (e.g https://www.moneysupermarket.com/credit-cards/details/?productCode=CC_BCARD_PLAT_WITH_BT&index=1&count=70&gid=CC_BALTRANSFERV2&page=1&transferAmount=3200&monthlyPayment=100 ) and then transferring whatever balance you want to another card you don't owe anything on. Then speak to that card company and have them transfer your credit balance to your current account (as you can't be in credit on a credit card)Always works and get much better fees. Above link is 0.63% rather than the 1.69% of this deal. An extra 5 mins work but worth it if you are after the best possible deal.



They wouldn't do it for me I transferred the money and they would only put it back onto the original credit card which is the Barclay Card . Don't try this way "
lindajane102361

I dnt understand bank money can somebody explanation plz it's me I av to … I dnt understand bank money can somebody explanation plz it's me I av to pay only £16 for 32 months if I borrow 1000 right?



Hi,

You pay back £1016 at the end of 32 months. Not just £16.
How it's explained above is that you transfer £1000 to your current account at a transfer fee of 1.6%. Then for 32 months you have the balance of £1016 at 0% interest. As long as you pay up your credit card before the end of 32 months. Then you won't be charged any extra. Making it a grand total of borrowing £1000 for £1016 over 32 months.
majortom

I think this is why we have so many people in trouble with debt - they … I think this is why we have so many people in trouble with debt - they try to forget about the capital, just as you have .... the capital repayment is part of the cost of borrowing and should always be thought of as such



Sorry but you're incorrect. The capital isn't a cost.....

1) ''When companies borrow funds from outside lenders, the interest paid on these funds is called the cost of debt''

2) ''The main thing to consider before borrowing money is how much it will cost for you to pay it back. The true cost is the amount you are charged on top of the capital amount of the loan; such as the interest rate and additional fees. This will differ depending on your type of credit: Credit card, bank, a short term loan, family or friends''
0% for 30 months on purchases - longest ever purchase credit card @ Virgin Money
1061°Expired
Found 8th Nov 2016Found 8th Nov 2016
Longest ever 0% purchase credit card from Virgin Money - giving 0% for 30 months on purchases. Ideal ahead of the festive spend period. Previous longest 0% purchase credit card de… Read more
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Received my card with a £5600 limit - too late for Black Friday unfortunately. Online account however says that it's 0% balance transfer under the offers section..
spinal_2k

how do you know your credit limit? I don't want to apply if they give me … how do you know your credit limit? I don't want to apply if they give me a low credit...



They sent me an email telling me what my limit was going to be and it tells you I think on the pre approve checker
Has anyone received the card yet?
still waiting for me card
I received the card today, activated it and its ready for Black Friday!

Bring it!
Cheapest "loan" of cash you'll ever get with a Virgin money bank transfer credit card (1.69% for 32m) Thats £16.90 total cost to borrow £1k (or £169 for £10k etc etc)
2920°Expired
Found 6th Jul 2016Found 6th Jul 2016
Yes. balance transfers to clear other credit cards can be found cheaper but this deals lets you transfers cash straight into your bank account...an effective free loan for a nomina… Read more
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Anything like this now
dodgymix

Yes. balance transfers to clear other credit cards can be found … Yes. balance transfers to clear other credit cards can be found cheaper but this deals lets you transfers cash straight into your bank account...an effective free loan for a nominal initial fee of 1.69% which works out at only 0.63% PA initially!!!*****************************Please note 3.5% fee taken straight away and thern difference refunded within 2 weeks to bring it down to 1.69%*******************************I personally found myself in a position were i cant get a decent mortgage rate as ive repaid so much over the last few years. If I want a low interest rate i would have to pay a fee of £1k+ so this totally wipes out any saving i could make when compared to a stupid 5%+ mortgage rate Now this Virgin money offer can be treated as effectively a mega cheap loan.You can borrow £1,000.00 for £16.90 for 32m (so averages a very low £6.34 per year or 0.63%)You can borrow £5,000.00 for £84.50 for 32m (so averages a very low £31.17 per year or 0.63%)You can borrow £10,000.00 for £169 for 32m (so averages a very low £63.38 per year or 0.63%)So borrow sufficient to repay my mortgage.. continue to pay off what I normally do each month an even if theres still outstanding debt in 31m time you can easily do a balance transfer to another 0% credit card.The other benefit is your house will belong to you as no lender will have a charge on it

Finally got email to say I was accepted. £169 to borrow £10,000 over 3 years - happy with that. Thanks OP
18 days have passed. No reply from Virgin. Sent my ID back 10 days ago. What a joke!
What do you mean by waiting list?

I applied around 10 days ago. Got a letter yesterday asking for proof of ID! Can only be sent back via post...so more waiting to come...and still no decision!
Virgin Credit Cards UK | Balance Transfer Credit Cards | 0% balance transfers, 0% on purchases and discount offers
57°Expired
Found 8th Apr 2016Found 8th Apr 2016
virgin money are doing great balance transfer deals. At 18 month transfers there is a 0% fee so it'll cost you nothing to transfer!! Also some of the graphics they offer on their … Read more
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Got one, only problem is that it's hard to BT to Amex cards...
Virgin balance transfer, 32 months, only 0.99% fee and potential £10 amazon gift voucher
299°Expired
Found 19th Jan 2016Found 19th Jan 2016
Virgin balance transfer, 32 months, only 0.99 fee and potential amazon gift voucher Not as long a term as some balance transfers but the fee is so low.
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Original Poster
friiza

Agreed. Or spend just under the minimum repayment amount on it, and so … Agreed. Or spend just under the minimum repayment amount on it, and so don't repay anything from the BT!



​You do, I think, as they will repay the balance transfer before repaying your spending.
phillsmit3

​you should have 2 credit cards. 1 for a balance transfer and 1 for c … ​you should have 2 credit cards. 1 for a balance transfer and 1 for cashback. Never spend on a balance transfer card when you are getting 0%.


Agreed. Or spend just under the minimum repayment amount on it, and so don't repay anything from the BT!
good deal cheers
much higher (4% ) fee if you would like to transfer the balance to your bank account
MSE have a good eligibility calculator for credit cards. It performs a 'soft search' on your credit file that you can see but can't be seen by lenders. It's a useful tool in that it helps you to not apply for cards you probably won't get (which in itself can **** up your credit score). Yes, he's a bit smug but credit where credit is due and all that....

moneysavingexpert.com/eli…ds/
Edited by: "bellboys" 23rd Jan 2016