Often asked: How To Cancel Virgin Money Credit Card?

Can I close my Virgin credit card online?

We’d be sorry to see you go but you can close your account at any time. You can request to close your account via our online form. If there is still a balance to pay on your account please arrange to pay off this balance and any outstanding interest due. You can do this in the Virgin Money Credit Card app.

How do I cancel my Virgin credit card Australia?

You are able to request to close your credit card account through:

  1. Virgin Money Online; or.
  2. Call us on 13 37 39.

How do I cancel my credit card permanently?

How can I close/cancel a credit card?

  1. Call the customer care number of the respective bank.
  2. Submit a request in writing to the manager of the respective bank.
  3. Submit an online request by visiting the bank’s official website.

Is Virgin Money credit card closing?

Virgin Money is axing its online services for credit card customers on 31 January, with borrowers encouraged to manage accounts using the provider’s app instead.

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Is it good to close a credit card?

A credit card can be canceled without harming your credit score⁠—paying down credit card balances first (not just the one you’re canceling) is key. Closing a credit card will not impact your credit history, which factors into your score.

How do I remove my credit card from Virgin app?

Just follow the simple steps below:

  1. Tap on ‘Payments’ in the menu at the bottom of the screen.
  2. Tap on ‘Payment method’.
  3. Tap on ‘Change’ under Payment Card.
  4. Follow the instructions.
  5. If you have the app, tap here and you will be redirected to the right screen.

Which bank is behind Virgin Money?

In June 2018, Virgin Money agreed to a takeover by CYBG plc which was completed in October 2018. Virgin Money was merged into Clydesdale Bank plc on 21 October 2019, continuing as a trading name and operating under Clydesdale Bank plc’s banking licence.

Who owns Virgin Money Australia?

Your card – we send this to your home address within 7 – 10 business days of the date your application was approved. If you requested an additional cardholder when you applied, their card will arrive with yours.

How do I cancel my new credit card?

How to cancel a credit card in 7 steps

  1. Find the number of the customer service department you need to contact.
  2. Redeem any remaining rewards.
  3. Pay off any remaining balance.
  4. Call your bank.
  5. Send a letter requesting card account closure, just to be sure.
  6. Check your credit report to confirm the cancellation.

How can I cancel my credit card online?

Some banks offer customers the option of raising a credit card cancellation request online. To raise an online request, you need to visit the bank’s website, fill up the form and submit the request. Once the request has been made, a representative of the bank would call to confirm the cancellation request.

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Should I close accounts I don’t use?

Closing an account may save you money in annual fees, or reduce the risk of fraud on those accounts, but closing the wrong accounts could actually harm your credit score. Cards that you don’t use, but charge high annual fees, may be candidates for closure in order to save you money.

Are Virgin Money in trouble?

Virgin Money has sunk to a full-year loss after setting aside £501million to cover bad loans. The challenger bank, which was also knocked by £292million of costs related to its acquisition of Clydesdale and Yorkshire Bank, reported a pre-tax loss of £168million for the 12 months to September.

Why is Virgin Money Turning off online service?

“ Customer interest in our online services has continually reduced, and now only a small percentage of our customer base chooses to use only our online services to manage their accounts, and we are turning off online service in January 2021 to reflect this customer preference so we can focus our development resource on

Is Virgin Money app safe?

Virgin Money is fully supportive of the ‘Know Fraud, No Fraud’ campaign – eight rules designed to keep you and your account safe and secure. Virgin Money will never: Call or email to ask you for your full PIN number or any online banking passwords. Send someone to your home to collect cash, bank cards or anything else.

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