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- Low Rate Card
Virgin Money Low Rate Card
- Apple & Samsung Pay
- Balance transfer
- Low annual fee
Purchase rate p.a.
11.99%
Balance transfer rate
0%
Annual fee
$99
Virgin Money Low Rate Card
- Apple & Samsung Pay
- Balance transfer
- Low annual fee
Purchase rate p.a.
11.99%
Balance transfer rate
0%
Annual fee
$99
RateCity says
"A competitive low rate credit card with a high number of interest free days and waived annual fee if conditions are met. "
Pros and Cons
For Virgin Money Low Rate Card
Benefits
- Ongoing variable purchase rate ranked in the best 20%
- Annual fee of $99 is refunded when you spend $10,000 on purchases every 12 months
Drawbacks
- No reward program
- Does not offer free supplementary cards
Virgin Money Rate Credit Card overview
For Low Rate Card
Details
Card level
Standard
Card type
Visa
Interest free days
55
Minimum monthly repayment
2% or $30
Minimum credit limit
$6,000
Maximum credit limit
$30,000
Free supplementary cards
Instant approval
Target Market Determination
Visit Virgin Money (Australia) Pty Limited to view Target Market Determination.
Fees
Annual fee
$99
Annual Fee Spend Waiver
$10k
Supplementary card annual fee
$29
Late payment fee
$30
Over limit fee
$40
Duplicate statement fee
$7
Electronic Wallet Service
Apple pay available
Google pay available
Samsung pay available
Important Rates
Rates
Purchase rate p.a.
11.99%
Cash advance rate
21.69%
Cash advance fee
2.7% or $2.7
Balance Transfer
Balance transfer rate
0%
Transfer limit
80%
No interest free days apply while you have a balance transfer.
Balance transfer fee
1%
Overseas spending
Foreign exchange fee
Overseas charges
$5
Estimated ATM cost
$14.9
for AU $300 withdrawal
Rewards
Program name
Rewards available
Eligibility
Minimum age
25
Minimum income
$35,000