Virgin Money No Annual Fee Card

Mozo snapshot:

If you're on the hunt for a straight up credit card, and you're diligent about paying off your balance in full each month, the Virgin Money No Annual Fee card won't cost you a cent. Firstly, there is no annual fee for the life of the card, you get up to 44 interest free days on your purchases, and you can use the card anywhere in the world where Visa is accepted.

Key features:

Aside from not having to pay any yearly fees, the Virgin Money No Annual Fee Credit Card also has a balance transfer offer of 0% p.a for the first 12 months. If you do transfer over any outstanding debt you'll be charged a 3% upfront balance transfer fee. Then, be diligent in paying it off in the intro period that you qualify for otherwise you'll find yourself paying the high cash advance rate of 20.99% until it's cleared.

Purchases are charged at 18.99% and cash advances at 20.99%. As long as you pay your balance in full each month, you'll get up to 44 days interest free.

When you use your Virgin Money credit card overseas you'll be charged a foreign currency exchange fee of 3.30% of the transaction amount.

There isn't a rewards program tied to the No Annual Fee card but fashionistas will be spoilt for choice with 2 colours available with this card.

Who it's good for:

Anyone that wants a no strings attached credit card for shopping online or in store.