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  1. #11
    Expert TOPCAT57
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    Be careful with Virgin CC.

    I took out a deal early last year.

    15 months int free.

    Paid a fee of just under 3% up front.

    Put the money into a 1 year account when rates were still good.

    Paid the min each month.

    Just before the %0 finished paid it off.

    Made around £150.



    However, I have lost count of the number of credit card cheques they kept sending me in the post. Needless to say they all went straight into the shredder.

    They then offered to exetend the 0% for a further few months - however my 1 year bond had already matured and was getting a pitance in interest so I paid it off.

    They are still sending me CC Cheques even though I have a small credit on the account.

    So watch out - they will try to tempt you to get it wrong.


  2. #12
    Contributor rufushunt will become famous soon enough
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    Good Service, transfer of oustanding balance done in record time just over a month ago. And the first set of cheques arrived yesterday.

    Usual hard sell on all the extras when opening the account. Just say No ! (unless of course you really do want them).

  3. #13
    Expert planteria will become famous soon enough
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    "They then offered to exetend the 0% for a further few months"

    do you mean they offered a repeat, or to actually extend the 0% period for the existing borrowing?

  4. #14
    Contributor rufushunt will become famous soon enough
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    Letter today from Virgin - change of heart - from now on no more CC cheques

  5. #15
    Expert planteria will become famous soon enough
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    i think MBNA pulled them a few months ago

  6. #16
    Expert TOPCAT57
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    Mine (when I received them) went straight in the shredder.

  7. #17
    Moderator Sarah is just really nice Sarah is just really nice Sarah is just really nice Sarah is just really nice Sarah is just really nice
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    They still offer "money transfers to a current account" however and charge a comparatively high fee of 4% for this service (this is higher than the balance transfer fee which remains at 2.98%, the previous cheque fee which was also 2.98% and also the cash transaction fee which is 3.00%). So if someone now does a money transfer instead of using a credit card cheque for the same amount, they'll end up paying even more than they would have done before cheques were discontinued!

  8. #18
    Banned jeckysmith is an unknown quantity at this point
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    Hey...Really informative thread.


 

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