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Love it or loathe it - Virgin money credit card

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Uploaded by on Jul 24, 2009

Rachel Robson checks out the best balance transfer card on the market.

To watch more videso on the best - and the worst - financial products, visit http://www.lovemoney.com/video

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Nonprofits & Activism

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  • Loathe Credit Cards no matter what.

    They are evil.

    Virgin Credit Card has just put its interest rates up to 24.6%... (from about 16%)

    I was paying £9.44 interest a month on £844, now it is £17.62 per month.... not much i hear you say. But what if i had a big balance of £2000 or something?

    They just hiked up their interest rates to 24.6% to make profit in times when people are really struggling.

    This is the "Variable" interest rates they talk about.

    Black hearted scum

  • They are decietful. Ensure you have your direct debit set up. Even if you have set it up, they somehow don't recognise it, this has happened to me twice over the years. Ensure this doesnt happen to you by paying the minimum in the first month, to ensure the direct debit has been set up.

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