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Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases
Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases

Virgin Money Credit Cards

Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases

Updated 12 November 2019

Pay no interest on purchases for 14 months from date of card approval. If you pay your balance off in full after the 14 months, you will receive up to 44 days interest free on purchases. Plus earn Velocity points on your spend. Receive an exclusive $129 Virgin Australia Gift Voucher, each year.

T&Cs apply. Offer ends 2 December 2019

Points Earn Rate (per $1 spent)

0.66 points

Capped at $1500, then 0.5 pts per $1 spent

Rewards Program

Velocity Frequent Flyer

Bonus Points

N/A

0 points over 12 months spend

My monthly card spend

Pros and cons

  • 0% p.a. on purchases for the first 14 months
  • Earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter
  • Uncapped Velocity Points earning
  • 0% p.a. on balance transfers for the first 6 months
  • Possible to balance transfer loans as well as credit cards and store cards
  • Exclusive $129 Virgin Australia Gift Voucher each year – that’s your annual fee covered
  • $64 annual fee in the first year
  • Reasonable $129 annual card fee thereafter
  • $19 Additional cardholder fee for the first year, then $39 p.a.
  • Transit accident insurance
  • Guaranteed pricing scheme
  • Eligible with Samsung Pay

  • High standard interest rates like all rewards credit cards
  • Earn rate drops to 0.5 points per $1 after $1,500 in a statement period (month)

Creditcard.com.au review

Editor Review

Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. about this card.

The Virgin Australia Velocity Flyer Credit Card

One of the great things about rewards cards is the fact that you can choose the type of rewards you want to earn. While some cardholders may benefit more from cash back offers and supermarket-based rewards, others prefer earning points as they travel.

Travel rewards cards come in all shapes and sizes, allowing frequent travellers to earn points as they spend, to then redeem those points on flights, accommodation and so much more. But which card to choose?

If you tend to travel with Virgin Australia and its partners, the Virgin Australia Velocity Flyer Card could be a great choice for you. With a decent earn rate and some very nice features, this card is well worth a closer look. So, let’s get into it.

What we love...

One of the first things to mention here is the card’s awesome introductory offers, starting with 0% p.a. on purchases for the first 14 months. If you’ve been comparing credit card options, you’ll know this is a pretty special offer indeed, as it’s not one you’ll find easily elsewhere.

With this 0% p.a. purchase offer, you could purchase your holiday while earning rewards, to then pay it all off within 14 months with no interest to worry about. Sounds pretty good to us!

Got a balance you’d like to transfer from another credit card? This card has that covered too, with 0% p.a. on balance transfers for the first six months.

On top of that, you can receive an exclusive $129 Virgin Australia Gift Voucher, each year, which can be used on Virgin Australia flights of any fare type (including sale fares), or selected Virgin Australia Holidays packages any time within six months of the voucher’s issue date.

To be eligible for this Gift Voucher, simply make a retail purchase on your card at least two months prior to requesting your voucher. Easy!

What’s not so great...

While the Virgin Australia Velocity Flyer Card certainly has plenty to offer, it’s well worth looking at the small print before using the card. With the 14-month 0% p.a. purchase offer, for example, know that it will revert to the card’s standard purchase rate after the introductory period, which is relatively high within the market. Not so good if you tend to carry a balance each month.

Meanwhile, any balance transfers left unpaid at the end of the six month introductory period will revert to the card’s cash advance rate, which like most cards, is substantial. Lastly, there is a considerable annual fee of $129 to take into account. However, it is nice to know that cardholders can look at their $129 Virgin Australia Gift Voucher as a kind of ‘rebate’ on this fee. Plus pay half annual fee in the first year - $64, reverts to $129 p.a.

Why should you choose this card?

Aside from the card’s introductory offers, there are some great features that may pique your interest. As a rewards card, the Virgin Australia Velocity Flyer Card lets you earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter.

As for features and extras, the card offers transit accident insurance and price guarantee, FraudShield Protection, up to four additional card holders charged at $39 each, and up to 44 days interest free on purchases after the 14-month introductory period ends. As a nice touch, you can also choose to transfer a personal loan balance on the 0% p.a. balance transfer offer.

Overall Rating

A Virgin travel rewards card with a fantastic range of introductory offers, a good earn rate and a decent range of extras.

User reviews

Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases ( based on 7 Creditcard.com.au user reviews )

77% rating based on 7 reviews

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates

Purchase rate 20.74% p.a.

Introductory purchase rate 0% p.a. for 14 months

Cash advance rate 20.99% p.a.

Interest free on purchases up to 44 days

Balance transfer

Balance transfer rate 0% p.a. for 6 months

Balance transfer revert rate 20.99% p.a.

Balance transfer from personal loan Yes

Balance transfer fee No fee.

Balance transfer limit 80% of approved credit limit

Banks you can't balance transfer from Bank of Queensland, Citi, Coles, IMB, Qantas Money, Suncorp, Virgin Money

Credit limits

Minimum credit limt $6,000

Maximum credit limit $30,000

Fees & repayments

Annual fee $129 p.a.

Additional card holder fee $19 first year, then $39 p.a.

Foreign transaction fee 3.3%

Minimum repayment $30 or 2%

Annual fee the first year $64

Cash advance fee 2.7%

Late payment fee $10

Rewards and points

Rewards program

Rewards Program Velocity Frequent Flyer Velocity Frequent Flyer

Bonus points N/A

Annual points cap uncapped

Bonus points spend criteria N/A

Earning points with this card

Velocity Rewards points 0.66 points per $1 spent

Points cap per month Capped at $1500, then 0.5 pts per $1 spent

Overseas earn rate same as standard earn rate

Additional features

Complimentary insurance

International Travel Insurance No

Flight Inconvenience Insurance No

Transit Accident Insurance Yes

Smartphone Screen Insurance No

Purchase Protection Insurance No

Extended Warranty Insurance No

Rental Vehicle Excess In Australia Insurance No

Extras

$129 Virgin Australia Gift Voucher each year

Guaranteed pricing scheme

Overview

Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases

Cut your interest to 0% with great rewards. The Virgin Australia Velocity Flyer is for a limited time offer 0% p.a. on purchases for the first 14 months, (which reverts to the purchase rate of 20.74% p.a.) as well as 0% p.a. on balance transfers for the 6 months, (which reverts to the cash advance rate). On top of this you also receive an exclusive $129 Virgin Australia Gift Voucher, each year. Half annual fee in the first year – $64, reverts to $129.

With the Virgin Australia Velocity Flyer credit card you earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter. The points you earn can be redeemed for travel with Virgin Australia and other international partners.

Additional features include 24/7 account access, FraudShield Protection, Transit Accident Insurance and Price Guarantee. Another great thing about this credit card is that you can transfer a personal loan balance.

Key features

  • 0% p.a. on purchases for the first 14 months (reverts to purchase rate of 20.74% p.a)
  • After the 14 month promotional period you get up to 44 days interest free on purchases
  • 0% p.a. on balance transfers for the first 6 months (reverts to cash advance rate of 20.99% p.a.)
  • Possible to balance transfer personal loans as well as credit cards and store cards
  • Earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter
  • Earn 1 Velocity point per $1 dollar spent on Virgin Australia products (flights, holidays)
  • An exclusive $129 Virgin Australia Gift Voucher each year – that’s your annual fee covered. Just make a retail purchase with your card each year and you’ll be eligible.
  • Half annual fee in the first year - $64, reverts to $129 p.a.
  • $19 Additional cardholder fee for the first year, then $39 p.a.
  • Eligible with Samsung Pay

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Resident or citizen of Australia

  • Minimum income of $35,000 p.a.

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

49 questions (showing the latest 10 Q&As)

yimmo

yimmo

23 July 2019
I just got the Virgin Money Flyer Visa and want to know if I use it to buy Woollies egift cards online will that be considered as cash advance and not an eligible purchase?
Carol

Carol

22 July 2019
The Virgin Australia Velocity Flyer is for a limited time offer 0% p.a. on purchases for the first 14 months (what is the limited time period)
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 July 2019
    Hi Carol, it just means that the offer will be ending sometime soon. You just need to Apply by 31 August 2019. Which gives you plenty of time if you like the offer.
John

John

6 March 2019
I need a credit card for my business
Luke

Luke

19 February 2019
Hi Roland, is there any restriction on what counts as 'purchases'? I mean for example can I use the card for any type of purchase (in store, online, overseas etc) and still get the benefit of 0% interest for 14 months? So if I had a balance of 10,000 for 10 months I would pay zero interest but I would have to pay back $200 per month as a minimum? Many thanks, Luke
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    19 February 2019
    Hi Luke, any standard purchase would be eligible for the 0% rate. Cash advances would be at the full cash rate. You at least need to pay the minimum as you point out. If you pay your balance down to $0 before the 14 months is up. You will pay no interest. After the intro period, you will only be charged interest on any balance that is left at the time.
Tommy

Tommy

23 January 2019
Hey Mate on this Virgin Australia Velocity Flyer Credit Card – 0% p.a. for 14 months on purchases... can I cancel the card before it reverts to a higher interest rate?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 January 2019
    Hi Tommy, you sure can. You can cancel the card at any time you have a $0 balance or can pay it off.
Greg

Greg

20 November 2018
I am a disability prensioner. Apparently my credit rating is not good. I am starting a business and sussing out my options for business purchases like, name, micro phone and video ccamera.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 November 2018
    Hi Greg, you will need good credit to get approved for a new credit card. What good and bad credit is really defined by the bank you are applying with. If you have any unpaid or paid defaults then its unlikely that you would be approved. This card is a personally card but is great due to the 0% intro rate on purchases. Many cards you would look at in a business name will require 100k income and to be running a certain time. Here are some tips on getting approved for a credit card application.
Kate

Kate

21 August 2018
Hello - can I use this card on any overseas purchases, like food, hotel accom, car rental and shopping? Thank you
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 August 2018
    Hi Kate, yes you can use the Virgin Australia Velocity Flyer credit card all around the world. Anywhere that Visa is accepted. Visa are considered one of the most accepted cards globally.
Brian

Brian

15 June 2018
Regards the $129 gift voucher, do you get this in the first year. Example get the card 01/07/2018 spend immediately, am I then entitled to apply for the voucher or do I have to wait for the anniversary dat? Thanks
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    15 June 2018
    Hi Brian, the voucher is issued annually. Therefore you would have to wait until you will have access to the 2nd one.
Rajib

Rajib

16 May 2018
Hi Ronald, Hope you are doing good. I am planning to apply for Home Loan. I am running short of deposit. My plan is to borrow or shopping 10K & paid within 12 month. In that case should I need to pay any interest or fee. Could You Please roughly how much I have to pay monthly as minimum fee. Cheers, Rajib
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    17 May 2018
    Hi Rajib, good luck with the pending home loan and property purchase. This card has minimum monthly payments of 2% of the balance. So if you have a $10,000 balance on purchases, then you will need to pay at least $200 a month.

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100,000
points
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p.a.
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Your points
$120,000 saved over 12 months
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