Virgin Money Extends Balance Transfer Credit Card Deal

LONDON, November 17, 2010 - Virgin Money this week extended the 0% introductory period on its balance
transfer credit card (uk.virginmoney.com/virgin/credit-cards-v3/) from
14 months to 16 months.

Once the introductory period ends it reverts to a typical interest rate
of 18.9% (variable).

Balance transfers attract a fee of 2.89% and the introductory rate only
applies to transactions made within 60 days of the account opening date.

The new card also offers 0% interest on card purchases for three months.

Scott Mowbray, spokesman for Virgin Money said: "We're delighted to offer
a new and improved balance transfer deal to help customers manage their
money. A customer transferring GBP2,000 from a card with an interest rate of
17.9% could save themselves GBP385 over 16 months including the balance
transfer fee of 2.89%"2.

All new Virgin Money Credit Cards will incorporate contactless technology
allowing customers to pay for items worth up to GBP15 just by swiping their
card. Full information on the range of Virgin credit cards can be found at
uk.virginmoney.com/credit-cards/, and it is also possible to apply
online at the same address.

IF USING THIS INFORMATION PLEASE CREDIT VIRGIN MONEY
uk.virginmoney.com/credit-cards/

For further details please contact Grant Bather on Grant.bather at virginmoney.com or +44(0)207-111-1012.