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Last updated on 21 May 2013
If you are a frequent flyer with Virgin, you’re sure to see the benefits of the Virgin Australia Velocity Flyer credit card, and if you sign up today you can also take advantage of 0% interest on balance transfers for the first 8 months as well as half annual fee for the first year, save yourself $65 (usually $129). Read More ›
You will earn 1 Velocity point for every $1 you spend up to $1500 per month, and then 1 point for every $2 spent after that. Points can be redeemed for travel with Virgin Australia, Pacific Blue, V Australia and other international partners.
If you buy a Virgin Australia domestic seat with your card, you will receive a complimentary seat on the same flight up to four times a year! All you need to do is pay the credit card booking fees (flights are subject to availability and conditions apply).
Other features of the card include 50% off Virgin Australia in-flight entertainment, a low annual fee, 24/7 account access, up to 4 additional cards (at $39 each), FraudShield, transit accident insurance, pricing guarantee, and the choice of 3 card colours.
Examples of Velocity Points required for reward seats on flights;
(source; Velocity Rewards website, May 2013)
The Virgin Australia Velocity Flyer card is perfect for travellers on Virgin domestic - simply for the buy 1 get 1 free offer on flights - which you can use four times a year! Just make sure you plan and book well in advance as you might not be available to fly when you want to. If you manage this it easily justifies the annual fee - which is pretty reasonable considering. The BT rate is good too if you're planning to transfer a balance - make sure you do it within the 8 months though or its going to catch the high interest rate. The points earning on the card is capped at 1 point per $1 spent up to $1,500 each month, so that does limit your annual points ability - after that $1,500 its only 1 point per $2. The 1 for 1 complimentary flights should again make up for this.
Read what others think and add your review for the Virgin Australia Velocity Flyer credit card below.
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Pay 0% p.a. on purchases, balance transfers and cash advances and for the first 6 months with ~half annual fee 1st year. Standard purchase rate of 11.99% p.a. (12.99% p.a. from 1 October).
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0% Balance Transfer for 6 Months and Interest Free purchases for up to 5 years at over leading 1,000 retailers in Australia mean this is one of the best no annual fee credit cards available.
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0% p.a. on purchases for the first 6 months. Awesome value on the introductory offer from Westpac on one of the top low interest rate credit cards in AU
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michael
May 20th, 2013 at 8:48pm
how many points do you need to fly to brisbane
Tom
May 21st, 2013 at 8:20am
Hi Michael, assuming you mean from Sydney, approximately 6,900 points. For more details see the Velocity site here
Jess
May 13th, 2013 at 8:36pm
Hello!
Im just wondering if we had this card and used it overseas, what kind of fees and charges are there?
Thanks!
Tom
May 15th, 2013 at 11:06am
Hi Jessica, for more information on that, please see our article on no foreign transaction fee credit cards.
Jesseca
May 12th, 2013 at 3:05pm
If doing a balance transfer and wanting to take advantage of the 0% for 8 months, am I able to transfer the balance of more than 1 card? i.e. GE money and Commonwealth Credit Card.
Tom
May 13th, 2013 at 8:02am
Hi Jesseca, yes you can.
JK
May 12th, 2013 at 12:41pm
I note you talk about minimum income of $35,000
Is it worth a pensioner applying for a card who now relies on his superannuation pension scheme
Tom
May 13th, 2013 at 8:14am
Hi JK, please click the link for more information on credit card options for pensioners
Dave
April 30th, 2013 at 9:13pm
To pay the balance each mth can I link this in with my current Internet banking?
Roland
May 1st, 2013 at 9:00am
Hi Dave, you would be able to set up a direct debit from your bank account yes. Simply log on to Virgin Money, click ‘My Account’ then ‘Manage My Accounts’ and ‘Manage My Payment Options’ then download and fax back the simple ‘Direct Debit Autopay’ form. You can also set up BPay transfers from another bank account. Instructions are on the Virgin website and on your statements. You should need the card number and details and if you do BPay, the BPay biller code. Another option is to set a calendar reminder for you to pay your statement on a certain date each month. Hope that helps.
derek hackett
April 24th, 2013 at 10:33pm
what does the card complimentary insurance actually cover
Roland
April 26th, 2013 at 8:49am
Hi Derek, the Virgin Flyer card has transit accident insurance, so covers you for accidental injury or death when in transit on a trip you’ve paid for using the card. Check out the Virgin page for more information.
dale harold
April 24th, 2013 at 11:42am
can i transfer citibank card balances
Roland
April 24th, 2013 at 3:18pm
Hi Dale, unfortunately not as Citibank provides the credit cards for Virgin: http://www.creditcard.com.au/balance-transfers-key-rules-explained/
Jan
April 8th, 2013 at 9:06am
What is the maximum allowed to transfer across from other cards?
Roland
April 8th, 2013 at 10:04am
Hi Jan, there is no maximum stated, but balance transfers with Virgin are limited to 80% of your available credit limit. Your credit limit is approved based on Virgin/Citibank lending criteria and what the bank deems you can afford based on what you put on your application.
Maria
March 28th, 2013 at 9:31am
How long after transfering to this card can you take the buy one get one free flights?
Roland
April 2nd, 2013 at 11:39am
Hi Maria, according to the terms and conditions for this program the customer contact centre will advise when you go to book whether seats on the dates you want are available. Do keep in mind that to get this offer you also need to book at least 21 days in advance. You will still pay a booking and service fee, and the flights do not ‘roll over’ either, so if you didn’t take them in the first year, you will only get the same amount (up to four single-leg journeys) in the next year, and not double. Hope that helps.
Lynn Swanson
March 8th, 2013 at 1:29pm
Can I earn Velocity points on the amount of the transfer balance?
Roland
March 11th, 2013 at 9:10am
Hi Lynn, unfortunately balance transfers are not an eligible transaction. As per the terms and conditions an eligible transaction is defined as: “any Retail Purchase which is made by the use of a Card or any other means permitted by us, excluding (but not limited to) Transactions by way of Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign currency and travellers cheques, interest charges, government charges, insurance charges, payments to loan accounts, purchases in excess of limits on the Account, transactions made in operating a business and if the Account is more than $10,000 in credit only, all other transactions.” Hope that helps.
jason
February 13th, 2013 at 10:22am
with the buy 1 flight get one free does it have to be on the same flight or can I use that free flight to return on or on another day or booking or travel time ?
cheers
Roland
February 14th, 2013 at 1:57pm
Hi Jason, yes you do both have to take the same flight at the same. The deal is for a complimentary flight on the same seat. The advertising material says you can do this ‘up to four times a year’ but you could also use this to book a return flight somewhere twice per year, which is more likely how someone would take advantage of this offer and how we have read it described by other commentary). It has proved quite popular with Virgin customers!
Alana
January 31st, 2013 at 11:16am
is interest calcuated on the card fee as well? and is it true that this isn’t paid off unless the balance transfer is paid?
Roland
February 14th, 2013 at 2:37pm
Hi Alana, while technically the annual fee may appear as a transaction, or purchase, the bank is legally required to allocate your first payment to this before any balance transfer amount. This is because the purchase rate (attached to the annual fee) is higher than the balance transfer rate where a special balance transfer rate exists.
The law states that payments must be allocated to the amount with the highest interest rate first, which means the annual fee can’t be paid off after the balance transfer. Hope this helps?
If you notice interest charged on an annual fee when you don’t have other balance owing you should always query this with your bank.
becky
January 22nd, 2013 at 9:51am
does this card have a cap on how many points you can have, and do points expire?
Roland
January 23rd, 2013 at 8:34am
Hi Becky, it has no points cap, and the earn thresholds are 1 point per $1 spent up to $1,500 spend per month, then 1 point per $2 spent above $1,500. Points won’t expire as long as you’re an active Velocity Frequent Flyer member (the Virgin Velocity membership – not using the card) and earn or use points at least once in a 3 year period.
David Sparks
January 18th, 2013 at 11:35am
What are the rewards like on this card?
Roland
January 18th, 2013 at 11:43am
Check out the velocity points!
Roland
April 24th, 2013 at 3:12pm
Hi Dale, unfortunately not as Citibank provides credit for Virgin Money credit cards in Australia. To understand other issuer/underwriter relationships you can use our simple table in this article on balance transfer key