Virgin Money in South Africa

Like many of Sir Richard Branson’s enterprises, Virgin Money has been launched in South Africa just one week after the launch of Virgin Mobile.

Virgin Money essentially offers permanent South African residents who earn over R2,500 (about USD 360) a Mastercard credit card.

Users can use the card to pay at stores in South Africa, and withdraw funds from Mastercard-marked ATMs across South Africa and the rest of the world.

Virgin Money has partnered with ABSA (a South African bank) and offers users flexible means of trnsfering funds to their credit card account, inclduing Electronic Funds Transfer (EFT).

According to Virgin Money’s website,

Forget the words keep it in your pants. Just whip out your Virgin Money Credit Card and you’re a rock star. Your Virgin Money Credit Card is your backstage pass to a world of benefits and sweet deals. You automatically become a member of our Virgin Money VIP programme the moment you receive your Virgin Money Credit Card and it is ABSOLUTELY free!

Other Virgin businesses in South Africa are: Virgin Active (health and fitness centre), Virgin Atlantic (international airline), Virgin Cosmetics, Virgin Mobile (a mobile virtual network piggy-backing on Cell C), Ulusaba (safari lodge), Virgin Unite (charitable arm of the Virgin Group).

User enjoy various levels of discounts, when they patronize other Virgin businesses using the Virgin Money credit card.

Virgin Money South Africa website is www.virginmoney.co.za

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Avatar of Oluniyi D. Ajao
Oluniyi D. Ajao is an Internet Entrepreneur and Tech Enthusiast based in South Africa. Follow him on twitter @niyyie for more tech updates.

19 Comments

  1. I would like to know more about the Virgin Bank as I am interested in banking with you. Kindly tell me more and what products you have. My postal box is PO Box 2058, Edenvale 1610

  2. Please send me more info regarding your requirements for account status. Where are you situated?
    Thanks
    Yolanda

  3. hi there i am realy interested in your product could you plz email me application form or post me as soon as possible THANKS my email address is sahiera mottiar
    po box 658 NIGEL 1490
    JOHANNESBURG

  4. Hi there to everybody
    As you can see it’s taken me a little while to find this blog, but now that I have it on my radar I’ll be checking in regularly to answer questions or queries.

    So let’s start sorting some stuff out.

    How to apply:
    There are two ways to apply. You can call the contact centre on 0860 VMONEY (0860 966639) or apply online at https://www.virginmoneyonline.co.za/vmaf/creditCard.jsp

    Some of the card features:
    And a quick introduction to the card:
    We would like to introduce you to the Virgin Money Credit Card, a card like no other! This card is for you if:
    You are 18 and older
    Earn a monthly personal income of R5 000 or more a month
    You’re a permanent South African resident with green bar-coded ID
    Have a savings or cheque account

    The Deal
    Allow us to tell you more about The Deal.

    For the first 3 months you only pay 0% interest, and after that we still give you a good deal at 15.75%
    We also pay you to save – 5% on all positive balances
    No annual card fees
    Access to our VIP Programme, including services and products from the other companies in the Virgin group and also some great deals at select partner stores
    No VIP Programme charges
    You can pick your Virgin Money Credit Card from three funky design options
    And we throw in Lost Card & Travel Insurance as part of the deal
    You can also get
    A Garage Card
    A Secondary Card
    And Extra Credit Life insurance

    Hope this helps and have a fab day
    Henri

  5. Hi
    I have heard that virgin bank might be offering homeloans in SA at 8%. Do you know anything about this and if you do Where can i get information?

    Thanx

  6. Are you perhaps interrested in bridgeing finance for working capital ? We nwwd R 500,000 for 6 weeks to complete projects at various primary schools, mostly in the rural areas of the Western Cape Work will be completed by skilled labour and payments is secure PLEASE RESPOND WITH A POSSITIVE ANSWER

  7. So how does one get approved for the Virgin card. Is this card like a open line of credit or something.

  8. Hi there. This is Hazel. I would like to know what do I need to do to appear on “Deal or No Deal” South Africa to play for a deal?

    Thanks

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