The Virgin Money Credit Card

by Flora Diaz Australia has seen a lot of change especially in the credit card industry in the past few years. Long before the overseas companies began investing in this young industry, the major banks of Australia had the monopoly in credit card issuance. They charged high annual fees and interest rates such that owning a credit card was more of a luxury than a necessity. When the big players finally came and raised the competition, these banks had to lower rates and there was a huge race