Virgin offer a variety of different features and their overall 16.6% interest rate seems about normal in today’s financial climate.  However they do offer a 0% interest rate on balance transfers for a massive 16 months.  This is quite a long time to start rebuilding your credit problems and to stop paying all that interest you were paying on your other credit cards (that is as long as you don’t spend a load more on your Virgin card, which is what they want you to do remember).

There is no annual fee with the Virgin Credit Card either, and when you sign up you get 50 days interest free on all your initial purchases.  This might actually be something to watch out for if you have chosen Virgin because of it’s good deal on balance transfers.  If you get attracted by the 50 days interest free and go nuts you could always end up in as much bother as you were with your previous credit card; especially when they add the interest on eventually!

You get all the other features with the Virgin Credit Card in much the same way as you do with all the other leading brands, like a discount scheme, free purchase protection and free travel accident insurance.

So all in all the Virgin Credit Card is a good choice if you can be sensible with your money.

It couldn’t be simpler could it?  Wrong!  There are way too many credit cards out there today, so we can only really look at a few.  Let’s start with the Virgin credit card.  Virgin are leading the way in so many areas of business and development these days there is little wonder that they’ve managed to corner the market on credit cards too.  They boast the UKs number one balance transfer credit card, offering their 0% for a massive 16 months!  So this must be worth transferring to them mustn’t it?  There are travel, insurance and wine rewards available on this card, and they also offer 3 months interest free on all purchases too!  They really don’t come much better than this do they?

However there are a few pitfalls to look out for here, and one of them is the last point i made as a pro.  3 months interest free on purchases is good if you have the money to pay the card company back all you owe them before this time is expired, but if you struggle alittle with money then you might want to think again about taking the risk of spending too much money!