Summary box

This is a summary only. Please refer to the terms and conditions provided for full details.

Typical APR:

Typical rate 16.6% APR (variable) (1.2916% monthly)

Promotional rates:

Promotional offer 1
For balance transfers, cheque transactions and money transfers we will charge interest at the rate of 0% p.a. (a year) in the first 16 months from the account opening date. After that we will charge the standard interest rate which applies to transactions of this type.
This offer only applies to transactions made within 60 days from the account opening date.

Promotional offer 2
For card purchases we will charge interest at the rate of 0% p.a. (a year) in the first 6 months from the account opening date. After that we will charge the standard interest rate which applies to transactions of this type.

(Any promotional offer is subject to the account being operated within the terms and conditions.)

Other rates:

The standard interest rates are:

Card purchases:	16.6% p.a. (variable)	(1.2916% monthly)
Balance transfers:	18.6% p.a. (variable)	(1.4352% monthly)
Cheque transactions:	20.6% p.a. (variable)	(1.5766% monthly)
Money transfers:	20.6% p.a. (variable)	(1.5766% monthly)
Cash transactions:	27.9% p.a. (variable)	(2.0751% monthly)

Interest free period:

Up to 50 days on card purchases only, if you pay your statement balance in full and on time every month, otherwise interest will be charged as set out below.

Interest charging information:

Card purchases, balance transfers, cheque transactions, money transfers and cash transactions: we will charge interest on all transactions, fees, other charges and interest, starting on the transaction date and ending on the date you pay the bill in full. We work out interest each day so the earlier you make payment, the less interest you will have to pay.

Allocation of payments:

We will use your payments to reduce balances at lower rates of interest before balances at higher rates of interest. If you have balances attracting the same promotional rate, we will allocate your repayments to the balance at the promotional rate which ends first.

Monthly minimum payment:

If the balance shown on your statement is less than Ł25, it will be the total amount of the statement balance; or
if the balance shown on your statement is Ł25 or more, it will be whichever is the greater of Ł25; or the total of any Payment Protection Cover charges, interest and default charges plus Ł5.

Credit limit:

We will choose your credit limit and tell you what it is. We may vary it at any time and write to let you know. Maximum credit limit is subject to status.

Annual fee:

Ł0

Other charges:

Handling fees on transactions made at standard interest rates

Balance transfers:	2.98% (min. Ł3)
Cheque transactions:	2.98% (min. Ł3)
Money transfers:	2.98% (min. Ł3)
Cash transactions:	3.00% (min. Ł3)

Handling fees on transactions made under promotional offer 1

Balance transfers:	2.98% (min. Ł3)
Cheque transactions:	2.98% (min. Ł3)
Money transfers:	2.98% (min. Ł3)

Handling fees on transactions made under promotional offer 2

Card purchases:

no fees apply

Commission on foreign currency transactions: 2.99%

Default charges:

Ł12 for going overlimit, making late payments and for returned payments.

The Virgin Credit Card is promoted by Virgin Money Limited and issued by MBNA Europe Bank Limited, Registered Office: Stansfield House, Chester Business Park, Chester CH4 9QQ. Registered in England number 2783251. Credit is available, subject to status, only to UK residents aged 18 or over. As the Virgin Credit Card is issued by MBNA you can't transfer a balance from another credit card issued by them. We will monitor or record some phone calls. MBNA is authorised and regulated by the Financial Services Authority.