Virgin Atlantic Reward+ Credit Card

Virgin Atlantic Reward+ Credit Card

If you know anything about choosing a credit card, you will know that there is a lot to consider. For example, you need to think about whether you are looking for a balance transfer credit card or a credit card for bad credit. You will also need to think about rates, introductory offers and benefits. As every credit card is slightly different, these are all things that will vary. For many people, the Virgin Atlantic Reward+ Credit Card is a good option. Though it does not have the lowest APR out there, it does offer an introductory rate on balance transfers and a purchase rate that is in line with many other credit cards. It does not boast the lowest APR, but there are other advantages to choosing the Virgin Atlantic Reward+ Credit Card.

Who Can Apply For A Virgin Atlantic Reward+ Credit Card?

There are a lot of people who are eligible for a Virgin Atlantic Reward+ Credit Card, but you do need to meet certain requirements. This includes being over the age of 18, being a UK resident and having a good credit score. There are credit cards for bad credit out there for those who do not have a good credit score, but the Virgin Atlantic Reward+ Credit Card is not one of them. You also need to have a minimum income of £7,000 in order to be approved for the Virgin Atlantic Reward+ Credit Card, otherwise you will be turned down.

What Does The Virgin Atlantic Reward+ Credit Card Offer?

• The Virgin Atlantic Reward+ Credit Card has an APR of 63.9% and this is extremely high. It’s one of the highest APRs out there and is far from the average APR offered by other credit cards. This is something to bear in mind when choosing a credit card.

• With the Virgin Atlantic Reward+ Credit Card, you will get a purchase rate of 22.9% P.A. variable. This is average and in line with many other similar credit cards, it’s a standard purchase rate for cards such as the Virgin Atlantic Reward+ Credit Card.

• The Virgin Atlantic Reward+ Credit Card has a balance transfer rate of 0% for six months with a 3% fee, a rate that’s a lot lower than many other credit cards. This balance transfer rate is available as long as you make the transfer within 60 days of opening an account, otherwise the rate increases to 22.9% P.A. variable with a 5% fee.

• You can earn 15,000 bonus miles with your first card purchase with the Virgin Atlantic Reward+ Credit Card within 90 days of the account being opened.

It’s easy to be put off the Virgin Atlantic Reward+ Credit Card considering the high APR, but it does offer a number of benefits that many other credit cards do not. For example, the Virgin Atlantic Reward+ Credit Card offers bonus miles on your first card purchase.