Virgin Money No Annual Fee Credit Card with 12 Months 0% and Zero Ongoing Fees for Aussies

Overview of the Virgin Money No Annual Fee Credit Card for Aussies

The Virgin Money No Annual Fee Credit Card gives Australians a straightforward, low-cost option for everyday spending and debt consolidation. With 0% p.a. interest on purchases and balance transfers for 12 months, this no annual fee credit card is designed to help you stretch your dollars without an upfront membership cost.

This card is a Visa product with fraud protection like Fraudshield and Visa Zero Liability, making it a practical pick for Aussies who want security and simple savings. If you plan to move a balance or buy a big-ticket item, the 12-month 0% offer can deliver real interest savings when used responsibly.

Rates, fees and key benefits to know

Core features include 0% p.a. for 12 months on purchases and balance transfers, then revert rates of 18.99% p.a. for purchases and 20.99% p.a. for balance transfers. The interest-free days on purchases run up to 55 days when you pay your balance in full each month.

There is no annual fee for the life of the card and additional cardholders cost $0. Standard fees include foreign currency conversion at 3.3%, cash advance fees from 2.7% or $2.70 minimum, and a late payment fee of $30. Knowing these fees helps you avoid surprises and keeps this no annual fee credit card genuinely low cost.

Eligibility, application and practical tips

To apply for the Virgin Money No Annual Fee Credit Card you need to be an Australian resident aged 18 or over with a minimum income of $25,000 per annum. Temporary residents are not eligible, and a clean credit history will make approval more likely.

Applications are simple and typically take about 10 minutes online if you have ID, proof of income and balance transfer details ready. Keep in mind the minimum credit limit is usually $2,000, and required documents include a driver’s licence or passport and recent payslips or bank statements.

Who should pick this card and how to get the most value

This card suits Aussies who want a no annual fee credit card to consolidate debt with 0% p.a. for the first year or to manage a planned purchase interest-free. It is ideal for disciplined users who will clear balances before the revert rates apply, avoiding 18.99% to 20.99% p.a.

If you’re transferring a balance, calculate the break-even point including any transfer fees and be sure to pay down the balance within 12 months. For everyday use, take advantage of the interest-free period by paying in full each month to keep your costs down and preserve the benefits of the Virgin Money No Annual Fee Credit Card.