The Virgin card costs just £9.95 to buy and offers two tariffs. Depending on how much you use it – choose from 'Pay as you go' or 'Pay monthly'. Here are two examples which could help you decide which tariff is right for you:
Example 1 - £50 on purchases and a £20 cash withdrawal
Costs Pay as you go Pay monthly
| Monthly fee |
NONE |
£4.75 |
| Transaction fee on £50 spend |
£1.48 |
FREE |
| Fee on one £20 cash withdrawal |
59p |
£1.50 |
| Total charges |
£2.07 |
£6.25 |
Example 2 - £500 on purchases and a £200 cash withdrawal
Costs Pay as you go Pay monthly
| Monthly fee |
NONE |
£4.75 |
| Transaction fee on £500 spend |
£14.75 |
FREE |
| Fee on one £200 cash withdrawal |
£5.90 |
£1.50 |
| Total charges |
£20.65 |
£6.25 |
Please note, with the 'Pay Monthly' tariff each cash withdrawal has a flat £1.50 fee. This means it is better value to do a single withdrawal rather than several smaller ones that add up to the same amount. |
