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Virgin Money wins consumer award for its prepaid card

05/06/2014

This information is intended for use by journalists and is correct at the time of publication. Customers wanting to view our current cards range should visit our cards pages.

  • Virgin Money’s Prepaid MasterCard has won the Prepaid365 “Best Overall Prepaid Card” award
  • The award is voted for by consumers

Consumers have voted Virgin Money’s Prepaid MasterCard as the “Best Overall Prepaid Card” at the Prepaid365 awards. The Virgin Money Prepaid MasterCard received 22% more votes than its nearest challenger.

Virgin Money’s Pay As You Go and Pay Monthly Prepaid MasterCards were voted the best prepaid cards in the UK by consumers. The Prepaid cards offer customers the safety of managing their account within their own financial boundaries, with no danger of overspending or going over budget. The Virgin Money Prepaid MasterCard is also interest free and is accepted in over 200 different countries.

The annual Prepaid365 awards, launched in 2009, recognise best in class prepaid products and prepaid card providers and are voted for by consumers. The awards consider various factors including application process, card design, fee structure, features, functionality, added value and feedback from customers, customer services and the prepaid industry.

John Natalizia, Director of Product Strategy and Operations at Virgin Money said: “To receive the accolade of Best Prepaid Card Overall in the Prepaid365 Awards is just fantastic. This award is voted for by consumers, so that makes winning even more special for us. At Virgin Money we are continuing to build a range of products and services that offer choice and value for money for the customer, and to be named winner of Best Prepaid Card Overall helps to demonstrate that we are doing just that.”

Amit Sharma, CEO and Senior Prepaid Consultant at Prepaid365 said: “The Virgin Prepaid team have shown that they are top dogs at the Prepaid365 Awards 2014 by scooping the big prize and earning consumer recognition as the Best Overall Prepaid Card in 2014. With additional consumer recognition in the online shopping and privacy categories, the Virgin Prepaid Card offers customers versatility and flexibility with no bills, no interest and no danger of going over budget along with exclusive access to discounts from Virgin group companies. Success delivered in true Virgin style!”

Virgin Money was also runner up in Best Privacy Prepaid Card and Best Online Shopping Prepaid Card categories.

For full details of all changes within the Virgin Money credit card product range please visit:

http://uk.virginmoney.com/virgin/cards/

-ENDS-


Media Contacts

Virgin Money Press Office
0191 279 4676

press.office@virginmoney.com

NOTES TO EDITORS


About Virgin Money

  • Virgin Money provides savings, mortgages, credit cards, pensions, investment and protection products
  • Virgin Money’s business ambition is to make “everyone better off” – this philosophy underpins our approach to business by offering good value to customers, treating employees well, making a positive contribution to society and delivering a profit to shareholders
  • Virgin Money is the official sponsor of the London Marathon, the biggest annual one-day fundraising event in the world. Virgin Money has helped London Marathon runners raise over £¼ billion through Virgin Money Giving, the not-for-profit online fundraising service, since 2010.

Virgin Money plc - Registered in England and Wales (Company No. 6952311). Registered Office - Jubilee House, Gosforth, Newcastle upon Tyne NE3 4PL. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.