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September 11, 2015

Virgin Money rolls out new 37 month balance transfer credit card

Virgin Money has unveiled a new credit card, which provides 37 months interest-free for balance and money transfers.

By Verdict Staff

Virgin Money has unveiled a new credit card, which provides 37 months interest-free for balance and money transfers.

The new card will however charge a one-off transfer fee of 2.79% in case of balance transfers, and a one-off transfer fee of 4% for money transfers. At the same time, it will also offer three months interest-free on purchases.

The introductory rates will be eligible for both balance as well as money transfers made within the first 60 days of account opening.

Virgin Money credit card products and operations director John Natalizia said: "For those who may have missed out on our longest-ever 40 month card limited offer, which has now expired, our new 37 month credit card offers customers another chance to pick-up a market-leading interest-free period for both balance and money transfers.

"The balance transfer fee on the 37 month card has also been reduced, so there is some added value for those who missed out on the previous offer. This new card will only be available for a limited period of 20 days, so anyone interested will need to act quickly."

Additionally, the company has also reduced the money transfer fee on its 34 month credit card to 2.29% from 4%.

The card also provides interest-free balance transfers for 34 months with the same fee, and interest free purchases for three months.

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