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Up to 100k 25,000 Points per month when you spend $1,500 or more on eligible transactions in the first 4 months
Virgin Australia Velocity Flyer Credit Card – Bonus Points
Virgin Australia Velocity Flyer Credit Card – Bonus Points

Virgin Money Credit Cards

Virgin Australia Velocity Flyer Credit Card – Bonus Points

Updated 4 July 2022

Earn up to 60,000 Velocity Points – 30,000 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. Save with a long 0% p.a. on balance transfers for 18 months and half annual fee in the first year ($129 thereafter) - apply by 29 September 2022. Plus, enjoy a $129 Virgin Australia Gift Voucher each year and other handy features.

T&Cs apply. Offer ends 29 September 2022

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

Up to 100k pts

25,000 Points per month when you spend $1,500 or more on eligible transactions in the first 4 months

Pros and cons

  • Up to 60,000 Velocity Points – 30,000 Points per month when you spend $1,500 or more on eligible transactions in the first 2 months from card approval. Available to new cards
  • 0% balance transfer rate for 18 months with no balance transfer fee
  • Enjoy an exclusive $129 Virgin Australia Gift Voucher, each year.
  • Pay half the annual fee in the first year, then $129 p.a. Available to new cards
  • Earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter
  • Uncapped Velocity Points earning
  • Complimentary transit accident insurance
  • Guaranteed pricing scheme

  • 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 – Bonus Points

Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. about this card.

The Virgin Australia Velocity Flyer Credit Card

With the Virgin Australia Velocity Flyer Credit Card, new cardholders can enjoy up to 60,000 Velocity Points – 30,000 Points per month when you spend $1,500 or more on eligible transactions in the first 2 months from card approval. Add to that a 50% discount on annual fee for the first year, a $129 Virgin Australia Gift Voucher each year plus 0% p.a. on balance transfers for 18 months offer, and this card becomes very tempting indeed.

What we love...

First up, that bonus points offer. As a new cardholder, you will receive 30,000 bonus Velocity Points every month when you spend $1,500 or more on eligible transactions in the first 2 months from card approval. This offer is valid to new approved Virgin Australia Velocity Flyer Card cardholders only. With up to 60,000 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.

Where could you go with 60,000 Velocity Points? If you fancy a holiday trip within Australia, you could fly roundtrip Economy from Brisbane to Adelaide for 37,800 or from Sydney to Gold Coast for 26,600 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 04 July 2022 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.

At this point, it’s also worth noting that with the Virgin Australia Velocity Flyer Credit Card, you will benefit from a 50% discount on annual fee in the first year. Reverting to $129 each year thereafter, the card’s standard annual fee kind of pays for itself with the gift voucher of the same amount on offer. This offer is valid to 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.

Last on the list of lovely things on this card is its balance transfer offer. New cardholders can take advantage of 0% p.a. on balance transfers for 18 months. If you have existing credit card debt that you want to clear, this balance transfer offer may just be the way you can do that, providing you with more than a year with no interest on that transferred balance.

What’s not so great...

Back to that balance transfer offer. Of course, balance transfer offers can provide an awesome money-saving tool – but, they need to be used correctly. Cardholders should know that if they fail to clear their transferred balance before the end of the intro period, their remaining balance will start accruing interest at the card’s cash advance rate.

Other things to be aware of with the balance transfer offer is the fact that you can only transfer up to 80% of your approved credit limit, and while you have a balance transfer on the card, you will not benefit from the card’s interest-free period. On top of that, the card has a high purchase rate, so cardholders should avoid leaving a balance unpaid month-to-month.

Why should you choose this card?

If you’re looking for a card that earns Velocity Points on everyday purchases, but doesn’t break the bank in annual fees, the Virgin Australia Velocity Flyer Credit Card could be for you. If you enjoy travelling, you could benefit from up to 60,000 bonus Velocity Points, plus a $129 gift voucher to spend on Virgin products.

In terms of other features, the Virgin Australia Velocity Flyer Credit Card offers Fraudshield and Visa's Zero Liability policy, Transit Accident Insurance and Guaranteed Pricing Scheme. If you have debt on other credit cards that you want to pay off, check out the terms and conditions on the card to see whether its 0% p.a. balance transfer offer provides a good deal for you.

Overall Rating

The Virgin Australia Velocity Flyer Credit Card is a frequent flyer card that offers up to 60,000 bonus Velocity Points after a minimum spend, a $129 Virgin Australia Gift Voucher each year, a half-discounted annual fee in the first year, and 0% p.a. on balance transfers for 18 months.

User reviews

Virgin Australia Velocity Flyer Credit Card – Bonus Points ( based on 7 Creditcard.com.au user reviews )

77% rating based on 7 reviews

Rates
Fees
Rewards
Customer Service
Value
90%

lxbfYeaa

24 April 2022

1

Does not recommend this card
87%

Tommy K

3 March 2019

Earning points with 0% on purchases for over a year is great.

Recommends this card

Rates and fees

Interest rates



Purchase rate 20.74% p.a.

Cash advance rate 20.99% p.a.

Interest free period on purchases up to 44 days

Balance transfer

Balance transfer rate 0% p.a. for 18 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

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

Credit limits

Minimum credit limit $6,000

Maximum credit limit $100,000

Fees & repayments

Annual fee $129 p.a.

Additional cardholder fee Up to 4 at $39 p.a.

Foreign transaction fee 3.3%

Minimum repayment $30 or 2%, whichever is greater

Annual fee the first year $64

Cash advance fee 2.7% or $2.70 whichever is greater (domestic) ; $5 (international)

Late payment fee $30

Rewards and points

Rewards program

Rewards Program Velocity Frequent Flyer Velocity Frequent Flyer

Bonus points Up to 100k points

Annual points cap uncapped

Bonus points spend criteria 25,000 Points per month when you spend $1,500 or more on eligible transactions in the first 4 months

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 – Bonus Points

Receive up to 60,000 bonus Velocity Points – 30,000 Points per month when you spend $1,500 or more on eligible transactions in the first 2 months from card approval. If you sign up today you can also take advantage of 0% interest on balance transfers for the first 18 months. Pay half the annual fee in the first year. $129 annual fee thereafter.

Key features

  • Up to 60,000 Velocity Points – 30,000 Points per month when you spend $1,500 or more on eligible transactions in the first 2 months from card approval. Available to new cards
  • 0% balance transfer rate for 18 months with no balance transfer fee
  • Pay half the annual fee in the first year, then $129 p.a. Available to new cards
  • Earn 0.66 Velocity Points per $1 spent up to $1500 per month, then 0.5 Velocity Points thereafter
  • Uncapped Velocity Points earning
  • Enjoy an exclusive $129 Virgin Australia Gift Voucher, each year. Make a retail purchase on your card within 2 months prior to requesting your voucher to unlock your benefit. Use your Virgin Australia Gift Voucher when booking Virgin Australia flights on any fare type (including sale fares) or selected Virgin Australia Holidays’ packages anytime within 6 months of voucher issue date.
  • Complimentary transit accident insurance and Guaranteed pricing scheme

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

Pauline

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger

Recently Asked Questions

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

17 questions (showing the latest 10 Q&As)

Graeme

Graeme

25 June 2022
What are deemed eligible purchases with this card? Are government fees & charges included?
    Pauline - CreditCard.com.au

    Pauline

    27 June 2022
    Hi Graeme, transactions such as government-related transactions are not considered eligible with this card. However, eligible purchases are your day to day transactions like paying for your groceries, car’s petrol, when you dine in restaurants, and the like. If you’re looking to earn points on government-related spending, some Amex Credit Cards offer this feature. Hope this has helped!
Ann

Ann

25 June 2022
If I donate to charity using PayPal/Amex do I get rewards for these payments either with this card or any other Velocity card
    Pauline - CreditCard.com.au

    Pauline

    27 June 2022
    Hi Ann, in the fine print for this card on the Virgin site it states that BPAY transactions are eligible for points. If the charity supports standard credit card transactions, then you’ll earn points. It’s also worth noting that this is a Visa card, and not an Amex. Hope this has helped!
Ronald C Coleman

Ronald C Coleman

20 June 2022
My wife and I had the original NAB velocity credit card for years. As we have flown business class to QLD in the past 2 months, do we receive credits on a new card if we apply for one each. What procedure do we adopt to apply
    Pauline - CreditCard.com.au

    Pauline

    21 June 2022
    Hi Ronald, are you looking to add the Status credits from your business flight to your account? There is a timeframe of 6 months from the flight to claim, so if you still have your travel details you can login to your Velocity account and sort that out. If you’re looking at backdating your spend, I’m not sure that is possible. Let us know if that has helped or if we missed the mark?
George

George

7 June 2022
I have an annual income of ~ $50 000 made up of full pension, superannuation draw down and small contract job (~ $5000). My wife has no income. Are we eligible for this card? Also, is there an additional card holder fee?
    Pauline - CreditCard.com.au

    Pauline

    8 June 2022
    Hi George, Virgin Money state that there is a minimum income of $35,000 p.a. criteria for this card. This is on top of the other credit assessment criteria the provider has. To add an additional card holder to your account, you’ll be charged $39 p.a. for each card holder up to a maximum of 4.
Neil

Neil

31 March 2022
Is 100,000 Velocity points equal to 100,000 Velocity FF points or will it be converted into lower number of VFF points?
    Pauline - CreditCard.com.au

    Pauline

    1 April 2022
    Hi Neil, thankfully you won’t need to convert or transfer any points. The Velocity Frequent Flyer Program allows you to earn Velocity Points. The card on this page earns 0.66 points per dollar spent, capped at $1500, then 0.5 pts per $1 spent.
Michael Perry

Michael Perry

12 March 2022
if i link this card to my paypal account and use it to buy goods off people does it class as a purchase which goes towards the 1500 dollar a month spend or oes it count as cash advanve
    Pauline - CreditCard.com.au

    Pauline

    14 March 2022
    Hi Michael, if you're purchasing goods through Paypal at checkout you would be eligible for the points. But if you’re buying items off Facebook marketplace or sending money through Paypal, this is not considered an eligible transaction.
Azeem

Azeem

5 March 2022
Hi, just a quick one, do we get free airport lounge access with this card ? Thanks
    Pauline - CreditCard.com.au

    Pauline

    7 March 2022
    Hi Azeem, I checked however lounge passes is not included as complimentary with the Virgin Money Velocity Flyer credit card, but it is included in their Virgin Australia Velocity High Flyer Credit Card. We currently don’t have access to it but you can always go to their official website for more information. If you want to compare your options, you can check out our comparison of credit cards with complimentary lounge passes. Safe travels!
Bish

Bish

4 March 2022
What are eligible transactions?
    Pauline - CreditCard.com.au

    Pauline

    7 March 2022
    Hi Bish, eligible transactions are your daily transactions like paying for your groceries, a restaurant bill, car’s petrol and other things you’d spend on each day. This does not include cash advances, balance transfers, interests, fees and other transactions spelt out in the Virgin Money T&Cs..
Pj

Pj

21 February 2022
Does the eligible spending include spending made aby additional card holders?
    Pauline - CreditCard.com.au

    Pauline

    22 February 2022
    Hi Pj, yep! Each additional card holders spend will go towards the main account holder. You’ll also be responsible for paying down the debt that additional card holders accrue though.
Hugh

Hugh

9 December 2021
I'm looking to move my credits card from Westpac. Do you have packages that include both Visa and American Express cards?
    Pauline - CreditCard.com.au

    Pauline

    13 December 2021
    Hi Hugh, great question. Interestingly enough, Westpac used to offer a Visa and Amex bundle but discontinued it in 2020. Currently there are no bundles available in Australia. If you’d like to compare a range of American Express credit cards, we’ve curated a list. Let us know how you go..
Matthew

Matthew

3 December 2021
Can i earn points if I'm an existing Citi credit card holder? Or can I only possibly earn 100,000 points if I'm a new customer?
    Pauline - CreditCard.com.au

    Pauline

    7 December 2021
    Hi Matthew, I checked on Virgin Australia Velocity Flyer Bonus Points credit card and it says that the offer is not valid to existing Virgin Money Credit Card holders only. If you are a Citi card holder you may still be eligible for the points.
Sandy Dyer

Sandy Dyer

21 August 2019
With the Virgin Au Velocity Card that currently has the 75,000 bonus points promo - if I were to transfer a balance from an existing credit card, does this count in to the $1500 per month spend to be eligible for the bonus points? Thank you and I look forward to hearing from you soon
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    22 August 2019
    Hi Sandy, unfortunately a balance transfer does not earn points or count towards any spend requirements for the bonus points.
Denise

Denise

21 August 2019
Where can I read what purchases gain points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 August 2019
    Hi Denise, I grabbed this for you from the terms. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi–government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). Please note that whether or not a transaction is an Eligible Transaction will be determined based on information provided either by the merchant or the relevant financial institution (including information about the type of business conducted by the merchant). This means that, for example, spend with certain merchants may be characterised as spend with a government related entity and therefore not an Eligible Transaction, even if that merchant is not in fact a government related entity.
Kate

Kate

12 July 2019
I am unable to find Bankvic as an option to transfer balance to Virgin ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    16 July 2019
    Hi Kate, you should be able to transfer Bankvic to Virgin. If you cannot find in the drop down you can select a cheque to self. Then make the payment yourself off the Bankvic amount. If you have BPAY details for Bankvic then you should be able to use these. Give Virgin credit card customer service a call if you are still having problems.
Nathan

Nathan

24 June 2019
Can I balance transfer from a credit card in my sons name ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 June 2019
    Hi Nathan. A balance transfer must be between legal person. Therefore you cannot balance transfer your sons debt. A long way around would be to get a personal loan to pay the debt. Then look to balance transfer the loan subject to credit approval.
Marissa

Marissa

22 April 2019
I recieve about $25k per year from work and about $13k from Crentrelink as Family Tax payments. Can my Centrelink income be included as income?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2019
    Hi Marissa, Family Tax Benefits can be considered income when applying. Best of luck with your application. Read our credit card application tips.
Rohit

Rohit

21 April 2019
This link is not working to apply for the card:.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    23 April 2019
    Hi Rohit, I have checked now and its all working fine. Were you able to apply aok?
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