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Virgin Atlantic Credit card- Nationwide Takeover of Virgin money

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Comments

  • I'm new to the forum... 

    Re Virgin Atlantic credit card 

    I travel to and from UK and South Africa. 
    I was informed by Virgin that South Africa is deemed as a high risk country and therefore I am unable to use my card in SA. They are now going to close my account and told me my debt will be paid off.  

    I use my Virgin Card to accumulate Virgin Miles. 

    Will this affect my credit score. 

    Any advice will be appreciated


    Thanks 

  • Nasqueron
    Nasqueron Posts: 10,796 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm new to the forum... 

    Re Virgin Atlantic credit card 

    I travel to and from UK and South Africa. 
    I was informed by Virgin that South Africa is deemed as a high risk country and therefore I am unable to use my card in SA. They are now going to close my account and told me my debt will be paid off.  

    I use my Virgin Card to accumulate Virgin Miles. 

    Will this affect my credit score. 

    Any advice will be appreciated


    Thanks 

    Virgin will expect you to pay the debt back yes, they will not pay it off for you

    Nobody but you sees the gimmick score, don't worry about it. Any credit application will involve a hard search on your credit file but the odd one every so often won't be a major issue

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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