Virgin Money Australia
Virgin Money Low Rate Credit Card
At 12.99% p.a. lower your interest, not your standards.
Credit cardsBank updated 5 Aug 2026
At a glance
- Purchase rate
- 12.99%
- Cash advance
- 21.69%
- Interest-free days
- 55
- Annual fee
- $99
- Foreign transaction fee
- 3.30%
- Rewards
- Virgin Money Rewards
- Balance transfer
- 0.00% for 2 yrs
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Balance transfer0% p.a. for 24 months on balance transfers from approval. 3% balance transfer fee applies. Reverts to the cash advance rate. | — | 2 yrs intro | — | 0.00% | — | — |
| Balance transferBalance Transfer rate reverts to the variable Annual Percentage Rate for Cash Advances at the end of promotional period. | — | 25 mo intro | — | 21.69% | — | — |
| Cash advance | — | — | — | 21.69% | — | — |
| Purchase | — | — | — | 12.99% | — | — |
§ 02 — Fees · 11
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Domestic Cash Advance above $100 | Cash advance | 2.70% of transaction | — | Domestic cash withdrawals from your credit card. |
| Domestic Cash Advance below $100 | Cash advance | $2.70 | — | Domestic cash withdrawals from your credit card. |
| International Cash Advance | Cash advance | $5 | — | International cash withdrawals on your credit card. |
| Dishonour Fee | Dishonour | $15 | — | Fee for each time a cheque or Direct Debit payment is dishonoured. |
| Over-the-Counter Fee (Bank@Post) | Event | $2.50 | — | — |
| Overlimit Fee | Event | $40 | — | Fee per statement period when your credit limit is exceeded. |
| Late Payment Fee | Late payment | $30 | 1 days after due | Fee for each time we do not receive the Minimum Payment Due and any Overdue Amount by the payment due date, debited to your Account after the payment due date. |
| Annual Fee | Periodic | $99 | Every 1 yr | Annual fee charged on the card. |
| Paper Statement Fee | Periodic | $2 | Every 1 mo | For each statement period we issue you with a paper statement, $2 will be debited to your account in the following statement period. This may be waived in limited circumstances. |
| International Transaction Fee | Purchase | 3.30% of transaction | — | For retail purchases or cash advance transactions made in a foreign currency or using a foreign merchant. |
| Balance Transfer fee | Transaction | 3.00% of transaction | — | The balance transfer fee is 3% of the balance transferred |
§ 03 — Features
Balance transfersInstalment plans55 interest-free daysSamsung PayGoogle PayApple PayVirgin Money Rewards
- · Low ongoing variable purchase rate of 12.99% p.a.
- · For purchases of up to $100, simply wave & go anywhere that has a Visa payWave sensor, making payments easy and convenient.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Citizen or permanent resident
- · Minimum income $35,000
- · Amount $2,000 to no maximum
§ 06 — Run the numbers
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Published by Virgin Money under the Consumer Data Right, last changed by them on 5 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.