In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Your reviews
🏆 Finder award

Virgin Money Everyday Cashback Credit Card review

  • Michelle Stevens's headshot
Virgin Money Everyday Cashback Credit Card Mastercard
3.5
★★★★★
Finder score
Representative example:
When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Earn rate
1p per £1 spent
Foreign transaction charge
0%
Account fee
£0

Our verdict

Earn 0.5% cashback on your purchases with Virgin Money's Everyday Cashback credit card, plus enjoy no annual fees.
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Finder Awards 2024 winner
Customer Satisfaction Award

The Virgin Money Everyday Cashback Credit Card could be a good option if you’re after a cashback credit card that has no annual or monthly fee.

You earn 0.25% cashback on every £1 you spend with this card, up to a maximum of £15 per month.

There are other credit cards on the market with higher ongoing cashback rates, but those cards tend to come with an annual fee, or the monthly cashback is capped at around £15 anyway.

With this Virgin Money card, you could also earn an extra 15% cashback when you shop at selected retailers. You’ll need to register using the Virgin Money credit card app to see all those offers, and the £15 monthly cashback cap still applies.

A nice perk with this card is that you can also earn cashback on purchases you make abroad, and you won’t pay any foreign exchange fees on your overseas spending.

Once you’ve earned yourself some cashback you have the option to transfer it into your current account, pay it to your Virgin Money Credit Card to reduce your balance, or trade it for an e-gift card to use at participating retailers.

You can have additional cardholders with the Virgin Money Everyday Cashback Credit Card, and their purchases will also earn cashback. However, the £15 monthly cashback cap covers all cardholders within the same card account (so you don’t each get a £15 allowance), plus the cashback total will go to the main cardholder at the end of the month.

Pros

  • Earn up to £15 per month cashback
  • Get cashback on overseas spending
  • No foreign exchange fees on purchases made abroad
  • Can have additional cardholders
  • No annual card fee

Cons

  • Higher cashback rates are available with some other cards (though they tend to have an annual fee)
  • You’ll need to register in the app to see the extra cashback offers
  • You don’t get an additional £15 cashback allowance if you have an additional cardholder

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Your reviews

Details

Product Overview

Issuer Clydesdale Bank
Network Mastercard
Annual/monthly fees £0
Balance transfers 24.9%
Balance transfer fee 0%
Purchases 24.9%
Purchases interest-free period Up to 50 days
Money transfers 24.9%
Cash advances 29.9%
Minimum credit limit £0
Maximum credit limit Subject to status
Additional cards available 3
Additional Rewards Info Enjoy exclusive offers and rewards on the Virgin Red app. Customers choosing a Man Utd card design will benefit from the United Reward scheme where each month customers can win a range of prizes including: matchday tickets, signed replica t-shirts, hospitality tickets and other exciting prizes. Earn up to 15% cashback with Virgin Money Cashback at selected major retailers through the app (offers allocated automatically).
Cashback details 0.25% on £1 to £6000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Bank Account. Earn up to 15% cashback on participating Retailers, registration via mobile app required.
Potential costs 4.0 ★★★★★
Doing its job 2.5 ★★★★★
Extras 4.2 ★★★★★
Overall Finder Score 3.5 ★★★★★

Fees and charges

Minimum monthly payment 2% or £25 (whichever is greater) or 2 times the month's interest plus 2 times default charges due.
Annual/monthly fees £0
Balance transfer fee 0%
Money transfer fee 5%
Foreign usage charge (EU) 0%
Foreign usage charge (rest of world) 0%
Cash advance fee 5% (min. £0)
Late payment fee £12
Replacement card fee £0
Exceeding limit fee £12
Additional card fee £0
Dormancy fee £0

Application Requirements

Minimum Age 18
Availability Available to new customers

The Virgin Money Everyday Cashback Credit Card is issued on the Mastercard network, so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.

How does it compare?

Virgin Money's card

1 - 1 of 1
Name Product UKCCF Rewards earn rate Max. intro bonus Purchases Representative APR Link Incentive Representative example
Virgin Money Everyday Cashback Credit Card Mastercard
0.25% cashback
N/A
24.9%
24.9% APR (variable)
0.25% on £1 to £6000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Bank Account. Earn up to 15% cashback on participating Retailers, registration via mobile app required.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
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Other popular cashback deals

Table: sorted by representative APR, promoted deals first
1 - 15 of 15
Name Product UKCCF Rewards earn rate Max. intro bonus Purchases Representative APR Link Incentive Representative example
Santander All in One Credit Card
0.5% cashback
N/A
0% for 15 months reverting to 23.9%
29.8% APR (variable)
Check eligibility
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Amex® Cashback Everyday Credit Card
1% cashback
£125
30.7%
30.7% APR (variable)
Check eligibility
Welcome offer: Get 5% cashback on your purchases (up to £125) for the first 5 months of Cardmembership. Terms and minimum spend apply. 18+, subject to status.
Representative example: When you spend £1,200 at a purchase rate of 30.7% (variable) p.a., your representative rate is 30.7% APR (variable).
Amex® Cashback Credit Card
1.25% cashback
£125
30.7%
36.3% APR (variable)
Check eligibility
New Cardmembers get 5% cashback on your purchases (up to £125) for the first 3 months of Cardmembership. T&Cs apply, 18+, subject to status.
Representative example: When you spend £1,200 at a purchase rate of 30.7% (variable) p.a. with a fee of £25 per annum, your representative rate is 36.3% APR (variable).
Bank of Scotland Platinum Low Rate Credit Card
N/A
N/A
10.94%
10.9% APR (variable)
0.25% after £1 of yearly spend for introductory period of 36 months. Cashback paid On request into Card Account.
Representative example: When you spend £1,200 at a purchase rate of 10.94% (variable) p.a., your representative rate is 10.9% APR (variable).
MBNA Limited Platinum Visa
0.25% cashback
N/A
13.94%
13.9% APR (variable)
0.25% after £1 of yearly spend. Cashback paid January into Card Account. Earn 0.25% cashback on purchases within the first 36 months of account opening. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 13.94% (variable) p.a., your representative rate is 13.9% APR (variable).
AIB Options 1 Credit Card
0.5% cashback
£25
17.44%
18.9% APR (variable)
0.5% after £5000 of yearly spend. Minimum of 12 transactions per year required. Maximum of £250 cashback paid per year. Cashback paid Anniversary into Card Account. For initial £5K a £25 cashback is paid, plus an additional £1 for every further £200 spent.
Representative example: When you spend £1,200 at a purchase rate of 17.44% (variable) p.a., your representative rate is 18.9% APR (variable).
Lloyds Bank Cashback Credit Card Mastercard
0.25% cashback
£20
22.94%
22.9% APR (variable)
0.25% on £1 to £4000 of yearly spend. 0.5% after £4001 of yearly spend. Cashback paid January into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a., your representative rate is 22.9% APR (variable).
Halifax Cashback Credit Card Mastercard
0.5% cashback
£20
22.94%
22.9% APR (variable)
0.25% on £1 to £4000 of yearly spend. 0.5% after £4001 of yearly spend. Cashback paid January into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a., your representative rate is 22.9% APR (variable).
Virgin Money Everyday Cashback Credit Card Mastercard
0.25% cashback
N/A
24.9%
24.9% APR (variable)
0.25% on £1 to £6000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Bank Account. Earn up to 15% cashback on participating Retailers, registration via mobile app required.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Barclaycard Rewards Visa
0.25% cashback
0.5% of all spend in first 3 months
28.9%
28.9% APR (variable)
0.25% after £1 of yearly spend. Cashback paid On request into Card Account. Cashback paid annually or on request. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 28.9% (variable) p.a., your representative rate is 28.9% APR (variable).
Santander Edge Credit Card Mastercard
2% cashback
N/A
23.9%
29.8% APR (variable)
2% after £1 of monthly spend in first year, then 1%. Maximum of £15 cashback paid per month.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Vitality American Express® Credit Card (Vitality Members only)
0.5% cashback
N/A
30.7%
46.8% APR (variable)
0.5% on £1 to £10,000 of yearly spend and 1% thereafter. Paid on anniversary. Must spend £3,000 annually to earn cashback. Earn up to 2% additional cashback on first £1,000 spend each month based on Vitality products held and monthly activity points earned. New cardmember offer: earn £100 statement credit when £2,000 spent in first three months.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of £4.75 per month, your representative rate is 46.8% APR (variable).
Santander World Elite Mastercard
0.5% cashback
N/A
0% for 18 months reverting to 18.9%
49.8% APR (variable)
0.5% on £1 to £3000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a. with a fee of £15 per month, your representative rate is 49.8% APR (variable).
Lloyds Bank World Elite Mastercard
1% cashback
N/A
22.94%
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
Halifax World Elite Mastercard
1% cashback
N/A
22.94%
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
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Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.

Virgin Money Everyday Cashback Credit Card features

  • Cashback. Get 0.25% cashback on all purchases, plus an additional 15% at select retailers, and earn up to £15 in cashback each month.
  • Add additional cardholders. You have the option to add additional cardholders, allowing family members or trusted friends to benefit from the same account and manage expenses collectively.
  • No FX fees. Enjoy no foreign exchange fees on overseas spending, allowing you to make purchases abroad without extra charges and get the most out of your travel budget.
  • Mastercard. This credit card is a Mastercard, which is accepted in more than 100 million places worldwide
  • Manage your account via an app. Easily manage your credit card account with the Virgin Money Credit Card app.
Michelle Stevens's headshot
Our expert says: Credit and loans expert Michelle Stevens on the Virgin Money Everyday Cashback Credit Card

"The Virgin Money Everyday Cashback Credit Card offers a decent ongoing cashback rate for a card with no annual fee. You can earn up to a maximum of £15 per month in cashback, so it’s worth checking out the extra 15% cashback offers via the Virgin Money Credit Card app."

Deputy editor

Repayment options

You can make manual repayments through Virgin Money's app by logging in to your online banking or over the phone (0800 389 2875). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

If you've compared cards and settled on the Virgin Money Everyday Cashback Credit Card, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

Frequently asked questions

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score cashback credit cards to determine their value against similar products on the market. We look at a number of important factors, like welcome bonuses, introductory and ongoing earn-rates, any limits or restrictions to earning cashback, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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