How long does a Virgin Money credit card application take?

A. Applying for a Virgin Credit Card is easy. All you have to do is choose the one you’d like, and then click on ‘Apply Now’. It should take less than 10 minutes to complete if you have all your info on hand, and once approved we’ll have your Card out to you within 10 working days.

Does Virgin Money do credit checks?

Yes, your application has been conditionally approved and Virgin Money can probably offer you a card (subject to a full credit check later). It’s up to you whether you now apply.

Which credit bureau does Virgin Money use?

In the UK that’s usually TransUnion (who used to be known as CallCredit), Equifax or Experian.

Is Virgin Money credit card being discontinued?

Virgin Money is axing its online services for credit card customers on 31 January, with borrowers encouraged to manage accounts using the provider’s app instead.

Do Virgin Media do a soft credit check?

We are entitled to carry out a credit check on you at any time. We may search the files of credit reference agencies which may keep a record of that search. We may use credit-scoring methods to assess the application and to confirm your identity.

Which credit agency does Clydesdale Bank use?

Which lenders use Experian only? There are some lenders in the UK who only check for information with Experian only. These include; Co-operative Bank, Nationwide, Vanquis, Virgin Money and Yorkshire Bank & Clydesdale Bank.

Does Virgin Money use Experian?

Ultimately, Experian’s solution offers an automated decision based on credit history. If the system accepts the borrower, they will see details of the maximum amount they can borrow.

Why is Virgin Money closing down?

Virgin Money has announced plans to close 31 stores as it adapts to changing customer demand. Virgin Money regularly reviews the ways customers use its stores, as well as its online, mobile and telephone channels, so that it can adapt its services to meet changing customer demand.

Is Virgin Money part of Absa?

The core product is owned by Absa which offered the Virgin Money South Africa branded card to customers that have an affinity for the Virgin brand under a brand license agreement,” he said. Virgin Money first set up in South African in 2006 and launched the credit card in 2008.

Can you apply for Virgin Money credit card?

Yes, your application has been conditionally approved and Virgin Money can probably offer you a card (subject to a full credit check later). It’s up to you whether you now apply. You are a medium-risk borrower which means that none of Virgin Money’s cards are available.

What is the interest rate on Virgin Money credit cards?

Virgin Money Credit Cards. 0% p.a. for 15 months on balance transfers 13 (1% BT fee applies. Reverts to cash advance rate). No interest free days apply while you have a balance transfer. Ongoing annual fee waiver 4 after your first year with us when you spend $9,600 or more on Eligible Transactions each year.

How does Virgin Money soft credit check work?

That’s why we’ve introduced Virgin Money Card Checker, a ‘soft’ credit check that looks into some basic facts about an applicant’s credit history but does not leave a footprint on their history. After asking for some key facts about your credit history, like your income, Card Checker gives you one of three quick decisions:

When do you get 10% cash back with Virgin Money?

10% cash back is available for new approved Virgin Money Low Rate credit card customers who apply by 30 April 2020 and spend on Eligible Transactions for the first 3 months of card approval date.