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11.99% p.a. ongoing variable purchase rate, plus 0% p.a. for 15 months on balance transfers with no balance transfer fees.

Virgin Australia Low Rate Card

Balance transfer

0% for 15 months

Purchase rate

11.99%

Annual fee

$0 1st year

Enjoy a low 11.99% p.a. ongoing variable purchase rate, plus for a limited time, get 0% p.a. for 15 months on balance transfers with no balance transfer fees. Reverts to cash advance rate. No interest free days apply while you have a balance transfer.

HIGHLIGHTS

The Virgin Money Low Rate Card

Offers 0% p.a. for 15 months on balance transfers with no balance transfer fees.
Reverts to cash advance rate. No interest free days apply to purchases while you have a balance transfer.
Has low ongoing variable purchase rate of 11.99% p.a.

Main features

Rate type

Rate %

Duration

Purchases

11.99% p.a.

Fees

Fee type	Fee %	Min fee $
Cash advances	2.7%	$2.7

Fixed Fees

Fixed fees	Fee $	Fee amount
Annual fee Thereafter	$0 $99	1st year per year
Monthly fee	-	-

MORE INFORMATION

The Virgin Money Low Rate Card has an ongoing 11.99% p.a. purchase rate, which is one of the lower credit card interest rates in the market. Pay off your balance in full each month and you'll enjoy up to 55 days interest free.

The balance transfer offer of 0% for 15 months gives you a manageable time frame to pay off debt and save on interest. However, any outstanding balance will be charged at the high cash advance rate of 21.69% once the balance transfer offer ends.

Virgin Money is also giving loyal cardholders the chance to have the annual $99 fee waived over the long term. The annual fee will be waived for cardholders from their second anniversary when they spend at least $10,000 over the previous 12 months (on eligible purchases).

TERMS & CONDITIONS

Total balance transfers may not exceed 80% of your credit limit. The balance transfer interest rate applies to balances transferred with this offer for the period shown, from the date the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances, currently 21.69% p.a. for the Virgin Money Low Rate Card. Interest rates are variable and subject to change. The interest rates are current as of 1 August 2023. This offer is valid until 31 October 2023. Please note that unless advertised otherwise, you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable ongoing purchase rate. The Balance Transfer offer will be available for up to 90 days from the date your application is approved. Velocity Points are not issued on balance transfers.

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