Virgin Australia Velocity Flyer Credit Card – Bonus Points

Pauline Hatch

Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.

The Virgin Australia Velocity Flyer Credit Card

With the Virgin Australia Velocity Flyer Credit Card, new cardholders can enjoy up to 70,000 bonus Velocity Points – 25,000 Points per month when you apply for a new card and spend $1,500 or more on eligible transactions in the first 2 months from approval. You’ll also receive an additional 20,000 Velocity Points when you keep the card active for over 12 months. Add to that a $129 Virgin Australia Gift Voucher each year, and this card becomes a very tempting choice for frequent flyers.

What we love...

First up, that bonus points offer. As a new cardholder, you will receive 25,000 Points per month when you apply for a new card and spend $1,500 or more on eligible transactions in the first 2 months from card approval. You’ll also receive an additional 20,000 Velocity Points when you keep the card active for over 12 months. This offer is available to new approved Virgin Australia Velocity Flyer Card cardholders only. With up to 70,000 Velocity Points on offer, this is a pretty sweet deal—especially if you would tend to spend that amount on your card in a year anyway.

So, what can you do with 70,000 Velocity Points? If you fancy a holiday trip within Australia, you could fly roundtrip Economy from Brisbane to Adelaide for 23,100 or from Sydney to Gold Coast for 13,500 plus taxes, fees, and carrier charges. As soon as international flight redemptions are available, you can also use your points for travel to your favourite overseas destinations.

Point calculations are accurate as of 11 July 2025 but may be subject to change without notice. All routes may have additional taxes and charges. Check on the official Virgin Money page for the updated calculations.

When it comes to everyday points earning, the Virgin Australia Velocity Flyer Credit Card offers an earn rate that is pretty standard for a mid-range card. Unfortunately, it does have points shaping, but this may still work for you if you aren't too much of a big spender. You will earn 0.66 Velocity Points per $1 up to $1,500 per statement period, and 0.5 Velocity Points per $1 thereafter.

Something that may make up for that is the fact that you can enjoy a $129 Virgin Australia Gift Voucher each year you are a cardholder. All you need to do is make an eligible purchase in the two months prior to requesting your voucher. The voucher is valid for six months from the issue date, and can be used to book travel with Virgin.

The card’s standard annual fee of $149 kind of pays for itself with the gift voucher of the same amount on offer. This offer is valid for new approved Virgin Australia Velocity Flyer Card cardholders only. You may add up to 4 additional cardholders for an extra cost of $39 p.a. each.

What’s not so great...

Like many rewards credit cards, the standard interest rates on this card are quite high, making it less suitable for those who carry a balance month to month. Additionally, the earn rate drops to 0.5 Points per $1 after you spend $1,500 in a statement period, which may limit its appeal to higher spenders seeking consistent point accumulation.

Why should you choose this card?

This card suits Velocity Points collectors who want to earn on everyday purchases without a hefty annual fee. The generous bonus points, annual Virgin Australia travel voucher, and basic insurance coverage (like Purchase Protection and Extended Warranty) make it a practical pick for regular travelers.

It also comes with security features like Fraudshield and Visa Zero Liability, so you can shop with peace of mind.

Overall Rating

A solid frequent flyer option for everyday spenders and travellers, offering up to 70,000 bonus Velocity Points, a $129 travel voucher, and valuable travel perks – all for a reasonable annual fee.