Virgin Money AustraliaVirgin Money Low Rate Credit Card
At 12.99% p.a. lower your interest, not your standards.
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
How it compares
This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This credit card | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Any credit cardOngoing purchase rate, not introductory offers | 12.99% | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions | 29th lowest of 51, level with 2 others |
| Rewards cardOngoing purchase rate on a card that earns points | 12.99% | 12.99%Virgin Money Australia's Virgin Money Low Rate Credit Card | 20.99%of 25 institutions | Lowest of 25 |
| Interest-free daysDays without interest on purchases when the balance is paid in full | 55 days | 62 daysBeyond Bank Australia's Low Rate Credit Card | 55 daysof 42 institutions | 2nd longest of 42, level with 30 others |
Rates
Every rate Virgin Money Australia publishes for this credit card, 4 in all.
| 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% | - | - |
Fees
11 fees published, grouped by when they're charged.
While you hold it2
- Annual Fee
Annual fee charged on the card.
$99 a year - Paper Statement Fee
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.
$2 a month
When you make a transaction5
- Domestic Cash Advance above $100
Domestic cash withdrawals from your credit card.
2.70% of transaction - Domestic Cash Advance below $100
Domestic cash withdrawals from your credit card.
$2.70 - International Cash Advance
International cash withdrawals on your credit card.
$5 - International Transaction Fee
For retail purchases or cash advance transactions made in a foreign currency or using a foreign merchant.
3.30% of transaction - Balance Transfer fee
The balance transfer fee is 3% of the balance transferred
3.00% of transaction
If a payment is late or fails2
- Dishonour Fee
Fee for each time a cheque or Direct Debit payment is dishonoured.
$15 - Late Payment Fee
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.
$30 1 days after it's due
When particular things happen2
- Over-the-Counter Fee (Bank@Post)$2.50
- Overlimit Fee
Fee per statement period when your credit limit is exceeded.
$40
Features
- 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.
Eligibility and limits
- Minimum age 18
- Residency: Australian Citizen or permanent resident
- Minimum income $35,000
- Amount from $2,000, no maximum
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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.