Virgin Money AustraliaVirgin Money No Annual Fee Credit Card
Introducing our No Annual Fee credit card, where you'll enjoy all the advantages of having a credit card without having to pay an annual fee. Zip, Zero, Zilch, Nada. Absolutely nothing. So go ahead and make the switch to the card that makes nothing of it.
At a glance
- Purchase rate
- 19.99%
- Cash advance
- 20.99%
- Interest-free days
- 55
- Foreign transaction fee
- 3.30%
- Rewards
- Virgin Money Rewards
- Balance transfer
- 0.00% for 6 mo
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 | 19.99% | 7.49%Unity Bank's Low Rate Visa Credit Card | 12.49%of 51 institutions | 45th lowest of 51, level with one other |
| Rewards cardOngoing purchase rate on a card that earns points | 19.99% | 12.99%Virgin Money Australia's Virgin Money Low Rate Credit Card | 20.99%of 25 institutions | 5th lowest of 25, level with 4 others |
| 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 6 months on balance transfers from approval. No balance transfer fee applies. Reverts to the cash advance rate. | - | 6 mo intro | - | 0.00% | - | - |
| Balance transferBalance Transfer rate reverts to the variable Annual Percentage Rate for Cash Advances at the end of promotional period. | - | 7 mo intro | - | 20.99% | - | - |
| Cash advance | - | - | - | 20.99% | - | - |
| Purchase | - | - | - | 19.99% | - | - |
Fees
10 fees published, grouped by when they're charged.
While you hold it1
- 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
0.00% 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
- No annual fee. Zip, Zilch, Zero, Nada.
- 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 $25,000
- Amount from $2,000, no maximum
Compare it with others
Put this product through a calculator
Published by Virgin Money under the Consumer Data Right, last changed by them on 13 July 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.