MSE news: Virgin launches fee-free 0% balance transfer credit card

Codswallop

No, they all did have. The Capital One has run out and now the Halifax and MBNA. The last one has a £1500 on it and will be paid off in the next 2 months. Have no idea what to do about the other 2 because of the recent 0% rejections.

Have also recently paid off A&L card. The 0% ended on it and then they tried to up the interest rate to something like 28% so I had to go into overdrive to get rid off it within 2 months which I did by living on baked beans for about a month! Can't have been pleasant to live with! :rotfl:

CannyJock

If you list all of your cards:
Card name/balance/credit limit/APR/ any BT offer

It'll speed up getting an answer back to you on closure and juggling options.

Post them in a separate thread to keep this one clear for the Virgin 0% discussion

Codswallop

Yes, of course. Didn't want it to seem as though I was hijacking this thread with my own SOA. I wondered if I posted what my situation was that it might help establish a pattern in who's being accepted/rejected by MBNA.

I would post in another thread but I don't think there's any other way out apart from getting a second job at the weekend as I'm not willing to apply for another 0% and be rejected nor release any equity. Thanks for your advice though, much appreciated. Off to bed now.

mrmajika

To all those who didn't receive an instant decision, FYI, I received this via email today after applying 3 days ago.

Dear MrMajika
Thanks for applying for a Virgin Credit Card, we've received all the information we need to open your account.
You will receive your card, PIN and credit card chequebook within the next 7-10 days.
Please do not attempt to reply to this e-mail as the return e-mail box will not be monitored.
We look forward to hearing from you soon.


No mention of the credit limit yet.

mary

I got the same email today, but when I applied online 3 days ago, I was given acceptance and the limit online at the same time.

willstewart

I'll be expecting my "Dear Scum, get lost....we don't want you" type letter via snail mail this week.
I'll probably get a glossy envelope with a letter in it offering me a Virgin credit card as well just to be ironic.

Did get the email saying that my MBNA statement is ready to view though.....made a payment last week so well ahead of that.

inked

I'm semi-gutted, opened a Virgin card last month and transfered £4500 from my wifes cards with a 3% fee :wall:, But on the plus side it is the first credit card I have been accepted for since declaring bankruptcy 7 years ago.

mrmajika

mrmajika wrote: »

No mention of the credit limit yet.

UPDATE: They've just sent a text to my mobile informing me of the £7.5k limit. :j:j

A nice wee stooze profit of about £140 coming up!!

Former_MSE_Dan

This is closed to applications now folks

mrmajika

MSE_Dan wrote: »

This is closed to applications now folks

The link on Moneysupermarket says it's "Sold out", but it still seems to be available from the link below, although it could get pulled from that any minute.

http://uk.virginmoney.com/virgin/credit-cards-nofee/?source=VM-MSP-54141-60572