What is a balance transfer credit card?

An equilibrium import allows you to flow a balance regarding various other borrowing from the bank or shop cards for the Virgin Money Bank card. Of the moving what you owe so you’re able to a lower rate, you’ll be able to shell out faster focus, so you may save money. Sweet.

Discover constantly a fee for and work out an equilibrium transfer. However, even with you paid back this, you could be better off.

  • Just how long commonly new advertising and marketing rates last?
  • Do you actually save money across the marketing months – despite make payment on balance transfer percentage?
  • What’s the simple interest rate shortly after your promotional period ends?
  • You will have to build your minimal payment when it is due. Or even, we’re going to stop your advertising speed (from the start of that report period). So it is worth establishing an immediate Debit to meet up with your own month-to-month payment.
  • In case your advertisements rate concludes or we avoid they, we’re going to cost you the present day important rate of interest.
  • The bill you’re move cannot be regarding other Virgin Money, Clydesdale Lender, Yorkshire Bank otherwise B bank card. Therefore ought not to make use of your credit to settle borrowing away from Clydesdale Lender PLC (such a loan, overdraft or financial).

Harmony Transfer Credit cards

It’s easy to apply, and we will tell you in case your import request has been acknowledged immediately.

For folks who incorporate within your mastercard software and you will payday loans in Newport TN i approve, we are going to obtain the money to the established charge card merchant around three so you’re able to four working days once you request the latest transfer.

It’s also possible to affect build a transfer as soon as your membership is installed and operating. For people who require the transfer:

  • Before 4pm, Week-end in order to Thursday, we are going to obtain the money into current credit card provider the brand new second working day.
  • Just after 4pm, Week-end to help you Wednesday, we are going to get the currency towards present credit card supplier during the several business days.
  • Anywhere between 4pm Thursday and you may 12am Sunday, we’ll get the money to the current credit card supplier the brand new after the Monday (leaving out Lender Getaways).

You are able to balance transfers from good United kingdom charge card otherwise particular store notes in your term via the Virgin Currency Borrowing Card application.

Transfers usually take a few days to-do, however if we must do particular additional checks it you’ll mean the brand new transfer takes some time longer to complete.

Delight look at the deals to be certain your balance import consult could have been finished sure enough. If you have suspended their credit, your import won’t be recognized.

Destroyed your own code? When you use fingerprint or face ID, log from the software and you will open it right back up once more. Before you could log in, click the “forgot” button towards the bottom kept and you can stick to the methods so you’re able to reset your data. You want your Virgin Currency or Virgin Atlantic Charge card convenient. If you don’t have their card to hand, e mail us.

You’ll not have the ability to generate transfers of balance compared to that membership of some other cards provided because of the Clydesdale Lender PLC (and Virgin Currency, Virgin Atlantic, Clydesdale Financial, Yorkshire Financial or ‘B’ handmade cards), a non-British monetary organisation and you can particular store notes.

While you are an alternate customers you will need to complete a balance transfer inside the first two months of experiencing your account for you to receive the brand new basic equilibrium transfer give. Do not forget – marketing pricing are priced between new time your account was unsealed, perhaps not from the time you import your balance.

Look at your qualifications

Inform us a little about you and you can what you’re searching getting and we will show you your customised efficiency. It will take less than five minutes and does not apply to your own borrowing get.