A money transfer allows you to transfer funds straight into your bank or building society account from your credit card.
Whether you want to transfer funds to pay off an overdraft with a higher interest rate, or free up some money for home improvements, you can transfer money from your Virgin Money or Virgin Atlantic Credit Card directly into your own bank or building society account. You can only transfer money to an account in your name or the name of any additional cardholder on the account. A money transfer fee may apply.
Any promotional offers only apply to money transfers made within the first 60 days from account opening. If you miss a minimum monthly payment, the promotional offer will be withdrawn. We’ll then charge the standard interest rate at that time.
Transferring funds from this card and paying only the minimum payment amount due each month may lower your overall monthly debt repayments, but it may take you longer and cost you more to repay what you owe. Other lenders may charge a fee for settling a loan early.
You should not use your credit card to repay a loan, overdraft, or mortgage issued by Clydesdale Bank PLC (including Virgin Money, Clydesdale Bank and Yorkshire Bank).