Virgin Money Credit Cards

Make more of your money

Highlighted results for search term

Apply now

Any questions?

We're here to help, so just give us a call.
13 37 39

Virgin Money No Annual Fee Card

No annual fee. Ever. We thought you'd like that.

Features

Rates & fees

Security

Click to change card
  • virgin money no annual fee credit card
  • virgin money no annual fee credit card
 

What you get, at a glance

  • $0 annual fee for the life of the card.
  • 0% p.a. for 14 months6 on balance transfers. Reverts to the cash advance rate. Minimum Credit Limit of $6,000 applies.
  • A great purchase rate of 18.99% p.a.
  • Enjoy up to 44 days interest free1 as long as you don't have an outstanding balance.
  • Visa payWave15.
  • Comes in two great colours – Red or Black. Choose which suits you best.

The truth about rates and fees and nothing but the truth

Why pay for things you don't need to?
That's why our Virgin Money No Annual Fee Card comes with absolutely no annual fee... ever. There are additional fees we'd like you to be aware of and we'll show you how to avoid many of these.

Be one step ahead and pay less interest
The sooner you can pay off your account's balance, the less you pay in the long run. That means you can use your money for something better than interest. And thankfully our rates are really competitive.

Here are the rates you'll pay for your Virgin Money No Annual Fee Card.

Annual Fee $0 annual fee for the life of the card.
Purchase Rate 18.99% p.a.
Balance Transfer Rate 0% p.a. for 14 months6. Reverts to cash advance rate. Minimum Credit Limit of $6,000 applies.
Cash Advance Rate 20.99% p.a.

Be interest free
By paying your full balance on time you'll enjoy up to 44 interest free days1 on all your purchases.

Get to know the fees you can avoid
However there are some charges will come into play – so here's a few suggestions to help you be almost fee free.

Fees we've taken out for you:

  •  

    Annual fees and additional card fees
    We've made it easy for you to avoid this one and taken the fee out, altogether. That's right you pay no annual fee, ever. Plus there's no fee for adding additional cardholders.

Fees you can't avoid:

  •  
    Cash Advance Fee – (in Australia)

    If you don't need to get a cash advance then you won't be charged a fee
    If for any reason you need to, it'll cost $2.70 per transaction, on a cash advance less than $100. On amounts $100 and over, you'll pay 2.7% of the transaction amount.

  •  
    Cash Advance Fee - (International)

    It will cost you just $5 to withdraw up to $1,000 a day
    You can withdraw up to $1,000 (which is subject to your Available Credit) cash per day from your Virgin Money No Annual Fee Credit Card, costing you $5.00 per transaction.

    To access your account, all you need is your ATM PIN. If you don't know it, or haven't been issued with one simply give us a call us on 13 37 39 and we'll send it out to you in no time at all.

  •  
    Foreign Currency Exchange Fee - Visa

    A fee to keep in mind
    It's a cost of 3.3% of the transaction amount.

    When you use your card overseas, you're charged a foreign currency exchange fee on all retail purchases and cash transactions that are converted into Australian dollars.

    For your convenience when you receive your statement, you'll see overseas transactions converted to the Australian dollar value, including the fees as one single transaction.

Fees you can avoid:

  •  
    Dishonour Fee - $15

    Make sure there's enough funds, so you're not hit with a dishonour fee
    Keep an eye on your accounts before scheduled automatic payments or cheques are drawn.

    Otherwise you'll be charged a $15 dishonour fee each time a cheque or Direct Debit payment is dishonoured. The fee will be debited to your account at the time, and interest will be charged on any outstanding amounts.

  •  

    Late Payment Fee - $10 if your Payment Due isn't paid by the Payment Due Date and $10 every 7 days thereafter until the Payment Due is made.

    An easy one to avoid by ensuring that you pay your minimum monthly payment on or before the due date
    Any time your minimum payment due is not received by the due date, you'll be charged a late fee of $10 per week until payment is received.

    To make things easy to manage there are lots of ways to pay your card account including BPAY®, telephone or online banking, cheque or by setting up Direct Debit payments.

    One way of ensuring your monthly payment arrives on time is to automatically pay your monthly credit card bill from your nominated bank account. Download the 'Direct Debit Auto Pay application form'.

  •  

    Overlimit Fee - $40 (if applicable)

    Keep track of your spending and your account balance, to avoid an overlimit fee.

    For those who became a Virgin Money credit card customer prior to 1 July 2012, if at any time during a given Statement Period you exceed your current Credit Limit, an Overlimit Fee of $40 will be debited to your Account in the following Statement Period (even if you subsequently reduce your balance to below your Credit Limit during that Statement Period). To find out your current balance log in to Virgin Money Online.

    You can also call in and ask us to not process the transactions which could take you over your credit limit and result in an over limit fee being charged. Please note that if you ask us to reject transactions that take you over your credit limit, there are a few exceptions that we can't reject such as: transactions that are processed manually (for example where a merchant does not use an electronic device) or for some recurring instructions set up on your Account. With these transactions, you will still be liable for the full transaction amount and associated interest charges.

  •  
    Over-the-Counter Transaction Fee (Bank@Post) $2.50 per transaction

    A transaction fee you'll never have to pay again
    If you make a payment to your Virgin Money Credit Card at any one of the Bank@Post outlets nationwide you will incur a $2.50 fee. So why not pay your card through other methods like, telephone or online banking, mail or by setting up Direct Debit payments.

    For more information, please read the Payment Options on your monthly statement.

  •  

    Statement Copies $7 each
    Why not avoid the fee by accessing your statements online, anytime. It'll save you money and the planet.
    We send you a monthly statement or email you a reminder to view your statement online if you've used your card or maintained a balance during the previous month. But if you require another copy posted to you, you'll need to pay $7 per statement. It's so easy to avoid this fee, simply log on to your account at my.virginmoney.com.au to view your statements.


Apply now

Security, at a glance

With a Virgin Money No Annual Fee Card you can be 100% assured that we're on the case to keep your card safe, around the clock.

You’ll be protected with:

  • Fraudshield® our irregular transaction detection system
  • Visa's Zero Liability Policy5
  • Advanced online security
  • No fuss, quick replacement for lost or stolen cards
  • Assistance when you need it, 24/7
  • State of the art secure chip technology.

Apply now

Print

Important information

Fees, charges, and credit criteria apply. See our full terms and conditions here.

All interest rates shown are variable. This information is correct at 18 November 2014. You must be at least 18 years of age to apply for a credit card. If you are a permanent resident you must earn at least $25,000 p.a. for the Virgin Money No Annual Fee Card, $35,000 p.a. for the Virgin Money Low Rate Card and Virgin Australia Velocity Flyer Card or $75,000 p.a. for the Virgin Australia Velocity High Flyer Card. Approval is subject to our credit criteria.

#7,500 bonus Velocity Points offer is provided to new approved Virgin Australia Velocity Flyer Card account holders who apply by 04 January 2015 and make a Retail Purchase with the card within 3 months of card approval date. Additional 7,500 bonus Velocity Points offer is provided if you also spend $5,000 on Retail Purchases on the card within 3 months of card approval date. Retail purchases are for valid goods and services purchases only. Charge backs, refunds or fraudulent transactions do not count towards Retail Purchase eligibility. Credit Card application must be submitted through this page or by calling 13 37 39 and indicating that you would like the credit card with the 15,000 points offer. There must be an active Velocity Membership linked to the Virgin Australia Velocity Flyer Card account. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer can’t be used in conjunction with other Virgin Australia Velocity Flyer Card promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

^10,000 bonus Velocity Points offer is provided to new approved Virgin Australia Velocity Flyer Card account holders who apply by 04 January 2015 and make a Retail Purchase with the card within 3 months of card approval date. Additional 10,000 bonus Velocity Points offer is provided if you also spend $5,000 on Retail Purchases on the card within 3 months of card approval date. Retail purchases are for valid goods and services purchases only. Charge backs, refunds or fraudulent transactions do not count towards Retail Purchase eligibility. Credit Card application must be submitted through this page or by calling 13 37 39 and indicating that you would like the 20,000 Velocity Points offer. There must be an active Velocity Membership linked to the Virgin Australia Velocity Flyer Card account. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer can’t be used in conjunction with other Virgin Flyer Point promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

*New approved Virgin Australia Velocity High Flyer customers who apply by 04 January 2015 will receive 10,000 bonus Velocity Points per month for the first 6 months after card approval, when a minimum of $3,000 is spent on Retail Purchases in each of those months. Retail Purchases will not count towards Bonus Velocity Point eligibility where the Retail Purchase is ultimately charged back or refunded or is found to be fraudulent. There must be an active Velocity Membership linked to the Virgin Australia Velocity High Flyer Card account. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer can’t be used in conjunction with other Virgin Flyer Card promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

~10,000 bonus Velocity Points offer is provided to new approved Virgin Australia Velocity High Flyer Card account holders who apply by 4 January 2015 and make a Retail Purchase with the card within 3 months of card approval date. Additional 10,000 bonus Velocity Points offer is provided if you also spend $10,000 on Retail Purchases on the card within 3 months of card approval date. Retail purchases are for valid goods and services purchases only. Charge backs, refunds or fraudulent transactions do not count towards Retail Purchase eligibility. Credit Card application must be submitted through this page or by calling 13 37 39 and indicating that you would like the 20,000 Velocity Points & half fee offer. There must be an active Velocity Membership linked to the Virgin Australia Velocity High Flyer Card account. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer can’t be used in conjunction with other Virgin Flyer Point promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

+Redemption bookings are based on an Economy Reward Seat, are subject to availability and to the Velocity Membership Terms and Conditions and must be booked at velocityfrequentflyer.com. Quoted redemption booking details are correct as at 19 September 2014 and are subject to change. Seats are limited and may not be available at peak times or on all flights. Name changes are not permitted. Refunds and itinerary changes are permitted prior to travel, subject to a service fee, fare differences (if applicable) and fare restrictions as outlined on the Virgin Australia website. For a redemption booking, the payment amount will comprise of taxes or, where the total cash component of a booking exceeds $50 and this amount is paid for by credit card or debit card, the payment amount will comprise of taxes and a Booking and Service fee. A Booking and Service fee will apply when paying by credit card or debit card ($7.70 per person per booking for Virgin Australia domestic flights, $10 per person per booking for Virgin Australia international short-haul flights and $30 person per booking for Virgin Australia international long-haul flights and flights operated by partner airlines). A fee will apply to redemption bookings if booked by phone ($35 per person for domestic redemption bookings and $60 per person for international redemption bookings). Taxes, fees and surcharges are payable in addition to Velocity Points redeemed. Any taxes or Booking and Service fee components are not eligible for Points earn. A minimum checked baggage allowance of 1 piece up to 23kg applies for Economy Reward Seats and allowances increase for Silver, Gold and Platinum members. To view baggage allowances for Reward Seat Redemptions, click here. Additional fees will be charged for baggage in excess of the published allowances. Fees are chargeable at the time of purchase and are more expensive if not purchased prior to arriving at the airport. Conditions and travel restrictions apply for all fares. Fares to international destinations not operated by Virgin Australia will be flown by one of Velocity’s international partner airlines. Baggage allowances for flights operated by partner airlines will vary in accordance with the individual policy of that carrier. Please check the operating carrier’s website for full details. More information on which of our partners can fly you to your chosen destination can be found by viewing our Interactive Route Map, available on the Velocity website.

 

1. If you do not pay your account in full by the due date and you carry a balance on your credit card from month to month the 44 days interest free period does not apply. If you then make a purchase you are charged interest. You will then need to pay your balance off in full for 2 consecutive months for the maximum 44 days interest free period to take effect. No interest free period is available on Cash Advances or Balance Transfers.

2. Cash withdrawal limits, fees and charges may apply.

3. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the member Terms and Conditions, available at www.velocityfrequentflyer.com, as amended from time to time.

4. Additional cardholder fees may apply. Primary cardholders are responsible for additional cardholder transactions and payments.

5. Visa's Zero Liability policy covers Australian and New Zealand-issued cards and does not apply to ATM transactions, transactions not processed by Visa or certain commercial card transactions. Cardholders should notify their issuer promptly of any unauthorised Visa use. Please ask us for additional details.

6. Your total balance transfers may not exceed 80% of your credit limit. The balance transfer interest rate applies to balances transferred with this offer at point of new card application, for the period shown. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances; currently 20.99% p.a. for the Virgin Australia Velocity Flyer Card, Virgin Australia Velocity High Flyer Card, Virgin Money No Annual Fee Card and 21.69% p.a. for the Virgin Money Low Rate Card. Velocity Points are not issued for balance transfers. Interest rates are variable and subject to change. The interest rates are current as at 18 November 2014. This offer is valid from 01 October 2014 to 04 January 2015.

7. The above example is approximate and for illustrative purposes. Estimated savings assume minimum payment is made by payment due date each month with no other transactions during the promotional period and the entire balance is paid at the expiration of the promotional period. Excludes annual fees and other charges. The promotional period is the period of the balance transfer offer shown. The rate, balance, interest and potential savings calculations in the table above are examples only. The default savings amount is based on a $7,000 balance transfer at an interest rate of 20% p.a. when compared to the balance transfer offer shown. Your personal circumstances may differ. It does not include interest accrued on the Virgin Money Credit Card at the standard interest rate.

8. Offer valid for Primary Cardholder and one Guest booked and travelling together in the same fare class. The offer provides 50% off the base fare component of a domestic Virgin Australia Saver/Saver Lite Fare (which excludes taxes and Booking and Service Fees) for the Primary Cardholder and one Guest when flying together. Saver Lite fares do not include a checked baggage allowance. Guests travelling on a Saver Lite fare may only purchase a baggage allowance at the airport for the applicable fee (baggage allowance cannot be purchased online). Limit of 4 sectors a year. Excludes sale fares. Taxes and fees to be covered by Primary Cardholder. Guest Contact Centre fees do not apply. See virginaustralia.com/fees for full details on fees. Offer valid on new bookings made via the Guest Contact Centre at least 30 days before travel and paid with an eligible Virgin Australia Velocity Credit Card and/or Virgin Australia vouchers. Seats are subject to availability which may be limited at peak times such as weekends, Christmas or School Holidays. Flight availability and fare prices advertised on the Virgin Australia website are not indicative of real-time availability or costs. Contact the Virgin Australia Guest Contact Centre for costs and availability for your travel dates. Click here for further Terms and Conditions.

9. Fare and earn rate restrictions apply for Velocity Airline Partners. Not all fare types are eligible to earn Velocity Points. Click here for more information.

10. New approved Virgin Australia Velocity Flyer customers who apply by 04 January 2015 will receive 5,000 bonus Velocity Points per month for the first 5 months after card approval, when a minimum of $500 is spent on Retail Purchases in each of those months. Retail Purchases will not count towards Bonus Velocity Point eligibility where the Retail Purchase is ultimately charged back or refunded or is found to be fraudulent. Credit Card application must be submitted through this page www.virginmoney.com.au/credit-card/welcome/flyer/phoneoffer2/. There must be an active Velocity Membership linked to the Virgin Australia Velocity Flyer Card account to earn Bonus Velocity Points. This offer is subject to change at the discretion of Virgin Money. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer is not redeemable for cash, is non transferrable and can't be used in conjunction with other Virgin Australia Velocity Flyer Point promotions or offers. Offer is not available to existing Virgin Credit Card holders (including upgrades).

11. International Travel Insurance, Extended Warranty Insurance, Interstate Flight Inconvenience Insurance and Purchase Cover Insurance are provided automatically to Virgin Australia Velocity High Flyer cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and are subject to terms and conditions and exclusions. An excess applies to Purchase Cover Insurance. Transit Accident Insurance and Guaranteed Pricing Scheme are provided automatically to Virgin Australia Velocity High Flyer and Virgin Australia Velocity Flyer cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and are subject to terms and conditions and exclusions. Please see here for details.

12. Exclusive Visa Platinum 24/7 concierge service supplied by a third party supplier. Visit visaplatinum.com.au for details.

13. A valid Visa Platinum card must be used to make a purchase. Offers are subject to terms and conditions of the participating merchants providing the offers. Participating merchants are solely responsible for offer redemption and fulfillment, Visa does not provide any of the goods and services relating to the offers, nor make any representations or warranties in respect of the offers or such goods and services. Visa may modify or remove any of the merchants and/or their offers at any time without prior notice. Information about the offers is correct at the time of publication. You may wish to check with the participating merchant immediately before utilising an offer.

14. Withdrawal limits, fees and charges may apply.

15. New Virgin Australia Velocity Cards issued post 2 October 2012 only and new Virgin Money Low Rate and Virgin Money No Annual Fee Cards issued post 1 July 2013.

16. Uncapped points offer is for Eligible Transactions only. Eligible Transaction means any Retail Purchase which is made by the use of a Card or any other means permitted by us, excluding (but not limited to) Transactions by way of Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign currency and travellers cheques, foreign exchange and ATM/ Bank charges, interest charges, finance charges, government charges, payments to the Australian Taxation Office, insurance charges, payments to loan accounts (mortgage etc), purchases in excess of limits on the Account, transactions made in operating a business and if the Account is more than $10,000 in credit only, all other transactions. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the member Terms and Conditions, available at velocityfrequentflyer.com, as amended from time to time.

17. 0% p.a. on Purchases for new Virgin Australia Velocity Flyer Credit Card customers only for the period shown above from the date your account is approved. At the end of the promotional period Purchase amounts revert to the variable retail rate 20.74% p.a. Purchases, cash advances, balance transfers and special promotions made other than with this offer are charged at the applicable interest rates. Interest rates are variable, subject to change and our credit criteria. The interest rates are current as at 18 November 2014. This offer is valid for applications made until 04 January 2015 and can't be used in conjunction with other offers.

18. Offer applies to new approved Virgin Australia Velocity Flyer Card customers who apply between 01 October 2014 and 04 January 2015 under the 0% p.a. for 14 months on balance transfer offer. Earn 4 Points for every $1 spent per month up to $1,500. Then 2 Points for every $1 spent. 20,000 maximum Points per month, after which time standard earn rates apply for remainder of the month. Standard earn rate applies after promotional period. This offer can’t be used in conjunction with other Virgin Flyer Card promotions or offers. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the member Terms and Conditions, available at velocityfrequentflyer.com, as amended from time to time.

20. New approved Virgin Australia Velocity Flyer customers who apply by 04 January 2015 will receive 5,000 bonus Velocity Points per month for the first 5 months after card approval, when a minimum of $500 is spent on Retail Purchases in each of those months. Retail Purchases will not count towards Bonus Velocity Point eligibility where the Retail Purchase is ultimately charged back or refunded or is found to be fraudulent. Credit Card application must be submitted through this page www.virginmoney.com.au/credit-card/welcome/flyer/phoneoffer/. There must be an active Velocity Membership linked to the Virgin Australia Velocity Flyer Card account to earn Bonus Velocity Points. This offer is subject to change at the discretion of Virgin Money. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. This offer is not redeemable for cash, is non transferrable and can't be used in conjunction with other Virgin Australia Velocity Flyer Point promotions or offers. Offer is not available to existing Virgin Credit Card holders (including upgrades).

21. Effective 1 May 2015, the variable Annual Percentage Rate (APR) for Purchases on the Virgin Money Low Rate Card will increase from 10.99% p.a. to 11.99% p.a.

All offers are non-transferrable, not redeemable for cash, and subject to change without notice at the discretion of Virgin Money.

Please note that to read our PDF forms you will need to have Adobe Reader installed on your computer.

 

 

Virgin Money (Australia) Pty Limited ABN 75 103 478 897 distributes the Virgin Money Credit Cards ("Credit Cards") under an arrangement with Citigroup Pty Ltd ABN 88 004 325 080 AFSL No. 238098, Australian credit licence 238098 ("Citibank"). Citibank is the credit provider and issuer of the Credit Cards.