Virgin Money unveils zero per cent credit card

Thursday, 18 March 2010 12:00

Virgin Money has launched a new credit card offering zero per cent for 12 months on card purchases and balance transfers.

The Virgin Money 12/12 card is among the longest on the market for purchases and transfers and strengthens the company's market-leading credit card range.

Once the introductory offer expires, the rate will revert to a typical APR of 18.9 per cent variable.

Scott Mowbray, spokesman at Virgin Money, said that initial feedback from consumers has been positive.

"Customers can use the card to pay down more expensive debt and also to plan spending. Feedback from the exclusive deal through moneysupermarket.com shows the 12/12 card is a popular choice for customers," he stated.

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