The Virgin No Annual Fee card is back! As the name suggests, the card offers the rare and very desirable feature of no annual fees, ever! It also boasts competitive rates and features making it a card well worth your consideration.

Benefit of the Card’s Best Features?

The best feature of this card is clearly the fact that it attracts no annual fee. This is next to unheard of, especially considering the card’s highly competitive rates and extras. You enjoy a purchase rate of 18.99% p.a., a balance transfer rate of 2.9% p.a. for 6 months and a cash advance rate of 20.99% p.a., all of which are right on par with what the best credit cards have to offer.

You can also earn rewards with the Velocity Rewards program when you use the card and shop with participating airlines, hotels, shops, hire car services and banks etc. Just note that you have to have Velocity Membership and get it linked to the Virgin No Annual Fee credit card account.

In addition to good rates and Velocity Rewards earning potential, you can also enjoy assistance when you need it 24/7 as well as no fuss, quick replacement for lost or stolen cards. If it’s security you’re after, you get Fraudshield and Visa Zero Fraud Liability protecting you for online and over-the-counter spending, advanced online security and state of the art secure chip technology.

Lastly you can choose from 6 colours and get access to even more great Virgin family offers and discounts.

Are There Any Drawbacks?

Not many since you’re not paying an annual fee! Remember though that no matter how great a card is, it won’t benefit you unless you make sure you’re on top of those monthly repayments.

Who Would be Suited?

If you travel a lot you’ll particularly enjoy this card with its security, convenience and the future savings you can earn yourself through the flights, hotels & hire cars etc you book now. This card is incredibly cheap but offers you all the perks of a very rewarding card meaning you can spend your money where you really want to. It suits both low and high income earners.

Who is Eligible?

To be eligible for this card, you need to confirm a few things. You’ll need to be over 18 years of age, earn more than $25,000, be a permanent Australian resident and have a good credit rating.