What’s an equilibrium transfer charge card?

An equilibrium transfer enables you to disperse a balance out-of some other borrowing from the bank otherwise store card towards the Virgin Money Credit card. Because of the swinging what you owe to help you a lower price, you’ll pay shorter interest, so you may spend less. Sweet.

There can be constantly a charge for to make a balance import. But even after you’ve paid off this, you could remain better off.

The length of time have a tendency to brand new advertising and marketing rate last?
Would you spend less along side marketing and advertising several months – even with paying the balance transfer payment?
What is the simple rate of interest just after your own promotional months ends up?
You’ll need to help make your lowest percentage when it is owed. If not, we’ll prevent your promotion rates (from the beginning of that declaration months). It is therefore value establishing a direct Debit in order to meet the monthly fees.
In case your advertising and marketing rates concludes otherwise i end they, we’re going to instant online payday loans Dickson ask you for the modern simple rate of interest.
The balance you might be moving cannot be out of another Virgin Money, Clydesdale Lender, Yorkshire Lender or B bank card. Therefore should not use your card to settle borrowing from the bank out-of Clydesdale Bank PLC (such as for instance a loan, overdraft otherwise mortgage).

Balance Transfer Handmade cards

It’s easy to pertain, and we’ll reveal in case your import request has been accepted immediately.

For many who use in your charge card application and you can we approve, we shall obtain the currency on existing mastercard provider about three so you’re able to four business days after you ask for the fresh import.

It is possible to apply to create an exchange when your membership is actually installed and operating. If you ask for the fresh new import:

Just before 4pm, Week-end so you’re able to Thursday, we’ll get the money for the established bank card seller the fresh 2nd working day.
Shortly after 4pm, Week-end to Wednesday, we’re going to obtain the currency with the existing mastercard provider within the a few business days.
Anywhere between 4pm Thursday and you can 12am Sunday, we’ll get the money toward current charge card supplier the after the Monday (leaving out Bank Holidays).

You could make balance transfers regarding an effective British mastercard or specific shop cards on your title via the Virgin Money Borrowing from the bank Credit software.

Transfers usually take a few days to accomplish, but if we must manage particular a lot more inspections so it you may indicate the fresh new import requires some time longer to accomplish.

Please look at your purchases to be certain your debts import consult has been complete as expected. If you have suspended your cards, your own import will not be accepted.

Forgotten their password? If you are using fingerprint or face ID, record out from the application and you can open it right back up again. Before you can log on, click the “forgot” switch at the bottom left and you can follow the measures to reset your details. You will want the Virgin Money otherwise Virgin Atlantic Charge card useful. Without having your own card at hand, contact us.

You might not be able to make balance transfers to this membership regarding several other credit given because of the Clydesdale Lender PLC (plus Virgin Money, Virgin Atlantic, Clydesdale Lender, Yorkshire Bank or ‘B’ playing cards), a non-Uk financial organization and you may particular shop notes.

If you are another buyers you will have to done a balance transfer in the very first 60 days of having your bank account to have you to receive the brand new introductory equilibrium import offer. Remember – advertisements prices may include the latest day your account is actually launched, maybe not from the time your transfer your debts.

Check your eligibility

Inform us a small about you and you can what you’re appearing to own and we will show you your customised performance. It takes below five minutes and will not apply to your credit get.