Virgin Money
Virgin Money

Virgin Money No Annual Fee Card

Purchase Rate
18.99% p.a.
Cash Advance Rate
20.99% p.a.
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Interest Free
Up to 55 days
Annual Fee
$0.00
Balance Transfer Rate
0% p.a. for first 12 months
Intro Purchase Rate
0% p.a. for up to 12 months
  • NO ANNUAL FEE – Zip. Zilch. Zero. Nada.
  • 0% p.a. for 12 months on balances you transfer and on purchases (reverts to a competitive 18.99%p.a.)
  • Offer is valid until 31 May 2021.

Key Features
Rewards Program
Rewards
Joining Fee
-
Annual Fee
$0.00
Insurance Cover
for Purchases
Overseas ATM
Availability
Automatic Travel
Insurance

Fee & Repayments

Annual Fee $0.00
Annual Fee First Year $0.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 2% or $30.00
Interest Charged From StatementDate
Late Payment Fee $10.00

Other Charges

Duplicate Statement Fee -
Overseas ATM Balance Fee $0.00
Transaction Verification Fee -
Overseas ATM Withdrawal Fee $5.00
Over Limit Fee $40.00
Overseas Emergency Card Replacement Fee -
Terms & Conditions
Your 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 20.99% p.a. on the Virgin Australia Velocity Flyer Card, Virgin Australia Velocity High Flyer Card and Virgin Money No Annual Fee Card, and 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 at 30 April 2021. This offer is valid until 31 May 2021. 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. If we approve your credit card application, 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. View more information about balance transfers. Purchase and Balance transfer offer: Your total balance transfers may not exceed 80% of your credit limit. The promotional rate of 0% p.a. applies to balances transferred with this offer at point of application for the promotional period advertised. The promotional period commences once the balance transfer is processed. At the end of the balance transfer promotional period, the interest rate on any outstanding transferred balance will revert to the variable annual percentage rate for cash advances, currently 20.99% p.a. on the Virgin Australia Velocity Flyer Card and Virgin Money No Annual Fee Card. Interest rates are variable and subject to change. The interest rates are current as at 30 April 2021. This offer is valid until 31 May 2021. If we approve your credit card application, 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. This offer excludes balances transferred from Virgin Money unsecured credit products. View more information about balance transfers. The promotional rate of 0% p.a. applies to retail purchases for the promotional period advertised from the date your account is approved. At the end of the promotional period, the variable annual percentage rate for retail purchases, currently 20.74% p.a. on the Virgin Australia Velocity Flyer Card and 18.99% p.a. on the Virgin Money No Annual Fee Card will apply to any outstanding retail purchases and any new retail purchases. Please note you will not be entitled to any interest-free days on retail purchases at the end of the promotional period whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate. Minimum monthly payments required. Payments will be applied to your account as per the Credit Card Terms and Conditions and and Other Important Information. Please note that if you make a retail purchase before your balance transfer is processed, payments made during the Balance Transfer promotional period will be applied to the retail purchase balance before the balance transfer. The example is approximate and for illustrative purposes. Estimated savings assume minimum payment is made by payment due date each month with no other transactions during the promotional period and the entire balance is paid at the expiration of the promotional period. Excludes annual fees and other charges. The promotional period is the period of the balance transfer offer shown. The rate, balance, interest and potential savings calculations in the table above are examples only. The estimate savings amount is based on a $7,000 balance transfer at an interest rate of 20% p.a. when compared to the balance transfer offer shown. Your personal circumstances may differ. It does not include interest accrued on the Virgin Money Credit Card at the standard interest rate. Unless advertised otherwise, the interest free period applies when you pay your full closing balance from your last statement of account by the payment due date (excluding any Fixed Payment Option balance which isn’t due for payment by that payment due date). No interest free period is available on Cash Advances or Balance Transfers. Whilst you have a Balance Transfer you will be charged interest on your daily unpaid balance. Withdrawal limits, fees and charges may apply. Visa's Zero Liability policy covers Australian and New Zealand-issued cards and does not apply to ATM transactions, transactions not processed by Visa or certain commercial card transactions. Cardholders should notify their issuer promptly of any unauthorised Visa use. For more details and terms and conditions see www.visa.com.au.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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