Virgin unveils fee-free 0% credit card
Virgin Money has launched a new credit which comes with a zero per cent interest rate on balance transfers for nine months.
The introductory rate on transfers, which reverts to a typical APR of 16.6 per cent, is complemented by a zero per cent on purchases deal which lasts for three months.
And Virgin is not charging a transfer fee on the card.
The card is available only at price comparison website, Moneysupermarket.com, for a limited period.
Peter Harrison, a credit card expert at Moneysupermarket, said while there were some cards available with zero per cent introductory rate, there were few which did not charge a fee.
He added: "For borrowers who can clear their balance within the nine month introductory period this card is excellent value for money."
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