Virgin Money

Virgin Money

Virgin Money Credit Card Image
Virgin Money Logo
Virgin Credit Card

In the modern day, money determines where you go and how far you go with your life goals, without money there are very few chances that people will make it to where they intend to go.

About – Virgin Money

This is why Virgin Money is always crafting reliable financial solutions for your daily requirements. Virgin Money covers residents of South Africa with a vast number of financial services that range from personal loans, money transfer, short-term loans, debit and credit cards.

With that, the company has been able to improve the lives of many, making sure that financial inclusion and sustainable economic development prevails within South Africa. Thus, Virgin Money is there to help you in times of need.

ENHANCE YOUR CREDIT WITH VIRGIN MONEY CREDIT CARDS

The Virgin Money credit cards will allow their holders to have an unconditional acceptance on payments within South Africa and abroad as they come with MasterCard endowment, which will enable you to transact anywhere.

The cards give people extensive credit facilities allowing them to go for a 60-day grace period where the funds are free. With the Virgin Money credit cards, you do not need to worry about servicing the facility, our facility come with no monthly payments for service fees.

At Virgin Money we simply make your financial experiences the best, our solutions are meant to give you freedom out of what you can do.

HOW MUCH CREDIT DOES VIRGIN MONEY CREDIT CARDS OFFER?

The question of how much credit can an applicant acquire resides with the applicant’s abilities, as shown by their credit scores.

One’s profile, income will determine the amounts given to clients, and needs, these are the components that Virgin money uses to compile a profile for the clients. Also, the type of credit card that an applicant uses will determine the amounts on which cardholders can access.

Our clients can access funds that reach up to R150 000 per cycle.

WHAT DOES VIRGIN MONEY CREDIT CARDS COST?

The company seeks to give clients the best services of credit cards in South Africa, and our services are by far very cheap as evidenced by our charges.

Clients will only be levied with an initiation fee that will vary depending on the type of credit card that the applicant wants to obtain. Once one has received the credit card, Virgin Money does not charge anything to the holders as our cards come with zero monthly fees.

Our clients are given a 60-day grace period, this period if surpassed will render clients liable for an interest payment. Our interest rates vary depending on the amount and credit score of the applicants, and all rates will vary within the annual cap of 22.9%.

HOW LONG DOES IT TAKE TO OBTAIN VIRGIN MONEY CREDIT CARDS?

Our emphasis is to give the people of South Africa financial services without taking much of their time. With Virgin Money, the applicant will have many reasons to smile, knowing that their credit cards will not be delayed.

The Virgin Money credit cards will take an average of 3 working days. There are also some factors which determine the time on which credit cards are released; these will be how faster and organised the client manages to put up their documents.

The accuracy in making applications also determines the time it takes to obtain credit cards, applications that have information which aligns with that on the documents are always processed faster.

CAN BLACKLISTED APPLICANTS OBTAIN CREDIT CARDS?

Unfortunately, applicants who are blacklisted will not be able to obtain credit cards with Virgin Money.

The company has some level of risk mitigating requirements on all its credit card applications and part of this require applicants to go through credit assessment.

The idea is to limit the level of credit risk emanating from defaults, that’s our clients will be people with the ability and willingness to make repayments.

Our credit cards come with similar requirements to those of personal loans. The applicants need to be South African residents who have a regular income from employment in addition to a good credit rating.

The applicant’s income should be received via a normal banking channel. Furthermore, the applicant will need to have reached the minimum age limit of 18 years before making an application.

During the application process, the following documents will need to be submitted

Requirements

  • Latest pay slip from the recent employer
  • Three months’ stamped bank statement
  • South African national identity document
  • Proof of residential address not older than three months

HOW TO APPLY FOR VIRGIN MONEY CREDIT CARDS?

The credit cards application is a simple online exercise, applicants will be required to fill their personal and financial information before submitting their documents on the Virgin money online application portal.

After that, one of our consultants will reach out to the applicant to make final verifications before providing directives on how the applicant can collect their credit cards.

With that, you will gain your access to financial freedom in the 21st century.

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