Virgin Money - 0% credit card transfer

Astral_Cat

I've just checked my 0% CC account to see when the 'date' is up. To my shock realised that even though the date is not up I have been charged interest.  This is because a couple of times I have 'topped-it-up' with what appeared to be the same conditions but apparently are not.

I have moved my debt out of the account now - but been told I may still need to pay interest next month.  Has anyone else been caught out by this?

grumpy_codger

• 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.

By 'topped-it-up' do you mean transfers after 60 days and/or purchases after 3 months?

If so, I don't think many people been caught, as the above is on the main web page, one doesn't need to dig dipper.

Astral_Cat

Thanks for looking at that. No - this is slightly different.  A couple of years ago I arranged a longer term 0% term for XX months. When I topped it up early 2024 I was led to believe it was the same arrangement/conditions.

Altior

With most cards you've only got a short window to utilise the deal. From what you've outlined, you've used the card after the window has passed, so the standard rate would apply. 

fergie_

The statements should say when each '0%' period ends and usually with Virgin, repayments will be applied to the balance that either attracts interest or will end soonest (in your favour).

Might be worth reviewing your statements, T&Cs and potentially a call to the bank incase something else is triggering the interest?