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Balance transfer credit cards

Hit the right balance

Get 0% interest on balance transfers for up to 29 months. Fees and terms apply.

Representative example: 24.9% APR Representative (variable). Based on assumed credit limit of £1,200 and a purchase rate of 24.9% p.a. (variable).

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Promotional offer varies based on your circumstances and starts from account opening date. Applies to transfers made in the first 60 days.

What is a balance transfer credit card?

With a balance transfer credit card, you can move a balance from another credit or store card to a Virgin Money credit card. You could get a 0% introductory or promotional interest rate for a fixed number of months. When the introductory or promotional interest rate ends, the standard interest rate at that time applies to your remaining balance. This can mean you'll pay less interest, and pay off what you owe faster. Sweet.

Tipping the balance in your favour

From the date of account opening you’ll get:

  • Up to 29 months at 0% interest on balance transfers made in the first 60 days. Fees apply.
  • 12 months at 0% interest on money transfers made in the first 60 days. Fees apply.
  • 3 months at 0% interest on spending.

When these promotional rates end, we’ll charge the standard interest rate.

Good to know

Credit is available, subject to status, only to UK residents aged 18 or over. If we do not receive the minimum payment when it's due, or you go over your credit limit, we will withdraw the promotional rate with effect from the start of that statement period. You will not be able to transfer a balance from another Virgin Money, Clydesdale Bank, Yorkshire Bank, or B credit card.

With a money transfer you can move up to 95% of your credit limit into your current account. With a balance transfer you can move up to 95% of your credit limit to your Virgin Money Credit Card.

Questions about balance transfer credit cards

A balance transfer credit card could be a good option if you are paying interest on existing credit cards or store cards. Bringing balances from other credit cards together onto a single balance transfer credit card can help clear your outstanding credit card debts while minimising what you pay in interest.

Remember, there's usually a fee for making a balance transfer. But even after you've paid this, you could still be better off.

  • How long will the promotional rate last?
  • Will you save money over the promotional period – even after paying the balance transfer fee?
  • What is the standard interest rate after your promotional period ends?
  • You’ll need to make your minimum payment when it’s due. If you don’t, we’ll stop your promotional rate (from the start of that statement period). So it’s worth setting up a Direct Debit to meet your monthly repayment.
  • When your promotional rate ends or we stop it, we’ll charge you the current standard interest rate.
  • The balance you're transferring can't be from another Virgin Money, Clydesdale Bank, Yorkshire Bank or B credit card. And you shouldn’t use your card to repay borrowing from Clydesdale Bank PLC (like a loan, overdraft or mortgage).

Money transfers are pretty handy, so we're really pleased to be one of the few credit card providers who offer them. They let you move up to 95% of your Virgin Money Credit Card limit into your current account.

All our balance transfer credit cards come with a handy money transfer option - get 12 months at 0% interest on money transfers. Fees apply.

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Ready to apply

Start by using our handy card checker to see if you could get a Virgin Money Balance Transfer credit card.

Check eligibility

Earn some cool cashback

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The legal bits

Time to give your scrolly finger a workout

All promotional rates start from the date your account is opened and apply to transfers made in the first 60 days.

You’ll need to make your minimum payment when it’s due. If we do not receive the minimum payment when it's due, or you go over your credit limit, we will withdraw the promotional rate with effect from the start of that statement period.

When a promotional rate ends or is withdrawn, we will charge the standard interest rate at that time.

You will not be able to transfer a balance from another Virgin Money, Clydesdale Bank, Yorkshire Bank or B credit card and should not use your card to repay other borrowing from Clydesdale Bank PLC.

Credit is available, subject to status, only to UK residents aged 18 or over.

Calls are charged at your service provider’s prevailing rate and may be monitored and recorded.

The Virgin Money Credit Card is issued by Clydesdale Bank PLC (trading as Virgin Money). Registered in Scotland (Company No. SC001111). Registered Office: 177 Bothwell Street, Glasgow, G2 7ER. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Virgin Money adheres to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board: www.lendingstandardsboard.org.uk

Your copy of the Statement of Lender and Borrower Responsibilities