Virgin is set to shake up the Big 4 banks with it’s new range of credit cards and high interest online savings account
Virgin Money, the financial services division of Sir Richard Branson’s Virgin group has recently launched a new Virgin credit card the goes by the name of Virgin Flyer Credit Card. As the name suggests, these new Virgin credit cards are ideal for anyone who does a significant amount of travelling because the rewards program is linked to the Virgin Blue loyalty program, offering a host of benefits including free flights, car hire and accommodation as well as significant discounts and offers. The reasonable rates are also nothing to scoff at.
The New Virgin Credit Card Takes Cheap Travel to a New Level
The new Virgin credit card allows customers to earn points through their generous rewards program which can then be redeemed for free flights on Virgin Blue and its international partners to more than four hundred global destinations. The offer includes a free one-way flight to certain destinations for anyone who has become and cardholder and uses one of the new Virgin credit cards before the 15th of October, 2010.
Additionally, the new Virgin credit card allows customers to earn points which can be redeemed for a free one-way ticket for a traveling companion when they fly on Virgin Blue. However, the number of tickets is limited to no more than four per year.
However, before you rush off to apply for a new Virgin credit card you must first evaluate your spending habits because if you end up charging everything to your credit card but not paying it off on time, you may end up paying more for those flights than if you were to purchase the tickets outright. This is especially true for expenses which you would not otherwise charge to your card. However, if you have the discipline to use your credit card wisely then the new Virgin credit card is an excellent choice, even if you aren’t a frequent traveler but would like to take advantage of the loyalty program in one way or another.
The New Virgin Credit Cards: Other Benefits
Besides the excellent flight benefits, cardholders are also entitled to many other advantages including being able to redeem their points for accommodation, car hire and other goods, which are vital for any traveler. Likewise, owners of the new Virgin credit card also receive travel accident insurance and concierge as well as customer support around the clock, which is invaluable if you travel across time zones.
The new Virgin credit card is perfect for anyone who has plans to travel, whether you travel frequently or are simply planning your family holiday this year. This way, even if you don’t travel often enough for the regular airline rewards programs to be of any use to you, you can still get some great travel advantages simply by using your new Virgin credit card.