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May 1, 2015

Virgin Money launches new credit card range with balance transfer options

British lender Virgin Money has bolstered its credit card range by including a range of balance transfer options that meet customers’ needs.

By Verdict Staff

British lender Virgin Money has bolstered its credit card range by including a range of balance transfer options that meet customers’ needs.

The new range comprises balance transfer cards that provide customers lower fees and 0% interest on balance transfers for between 18 and 36 months. Also, balance transfer fee on 36 month card will be reduced to 2.99%.

The new cards include a Low Rate card that provides an interest rate of 7.67% p.a. for balance or money transfer within the first 60 days of account opening, as well as an attractive ongoing rate for card purchases.

Additionally, the ‘All Round’ card provides customers 0% interest on purchases and balances transfers for 18 months after opening an account.

Virgin Money cards offer 0% interest for up to 36 months on money transfers made within the first 60 days following account opening.

Virgin Money director of cards Michele Greene said: "We’re delighted to be expanding our range, offering increased choice for customers and bringing some fresh new competition to the market."

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