Virgin Balance Transfer Offers

WLITC

Anyone have any idea what sort of offers Virgn are offering at the moment to existing customers looking to do balance transfer? and do they typically have a restriction on how much you can transfer, i.e 90% of your credit limit, etc.

Bokken_2

http://uk.virginmoney.com/credit-card-v1/
Here is a link to their site have a look at the terms and conditions for clarification.
Hope that helps

Bokken_2

You may have to phone them to find the answer

kingkano

sorry only very small tidbit, my statement has had 3.9% offer printed on it for a few mths now. Dont know any details sorry. like I say, small tidbit....

I think calling is how youd get the best offer really.

kingkano

they definitely have 3.9% but only till july as I called up yesterday to confirm that myself (to try get a better rate). But I seemed to have some kinda english impaired person who wasnt very helpful at all

Gerradene

i have just got a balance transfer rate of 4.9% until september on my virgin card

The offer is on their website and is available to existing customers. There is a 2% BT charge aswell.

WLITC

Well I just rung and they offered me 1.9% APR for six months, with 2% fee, but the fee would be capped at £35 for my account. Now I just worked it out and it looks like a good way to go. Using the snowball calculator, at 1.9% I’d pay £43.99 in interest over those 6 months, plus a £35 fee, so in total £78.99, where as with Barclaycard, even if the whole balance was at 6.9% APR (which its not as £1500 is at 19.7% APR) then I would be paying £161.60 in interest over the same 6 months, so even with that scenario I'd still be paying over £82 more interest with Barclaycard. I think I'll take the 1.9% offer if its still available (claimed that technically the offer ended when the call did, but would note it on the account :rolleyes: ), although it'll run out before my Egg 0% anniversary in Oct, I could for 2 months transfer the balance again to Barclaycard and then to Egg in October.

kingkano

1.9 nice. did you say anything special to get that rate?? they talked to me like a leper yesterday sayign what did I think they had special rates for certain people.... yes I said!! lol

WLITC

kingkano wrote:

1.9 nice. did you say anything special to get that rate?? they talked to me like a leper yesterday sayign what did I think they had special rates for certain people.... yes I said!! lol

No I just explained I was interested in a B/T and asked what offers/rates they have at the moment. I can’t believe they tried to claim they didn’t have different rates for different people. It’s a well know fact they do just that. That’s why they usually say a ‘typical’ rate, but rates are dependent on individual circumstances, etc. I do have a very good credit score tho, (despite all the debt I’ve never defaulted on a payment, paid late, gone overdrawn, etc) so perhaps thats helped me get a preferential rate?

kingkano

it could be. i might just have had a bad geezer he wasnt very helpful at all I gotta say and his english didnt seem too good...

I'll try again later

thanks

ka7e

My Virgin cc finished it's 0% offer a few months ago. I have made a small purchase each month and paid it off immediately - even before a new statement was issued. Today I had a phone call offering me "something point nine percent interest" if I wanted to do another BT. Sorry but her accent was so broad I didn't hear what came before the .9% ! I declined and said I had no need of a BT. She praised the way I was managing my account (!!) and said I could pay the money straight into my current a/c. I was offered a straightforward stooze!
When I declined again (not in the market for stoozing) she tried to sell me payment protection - on a zero balance. It just seemed a really bizarre call.