If one of your new year’s resolutions includes being more money savvy in 2018, with a Velocity points earning credit card, you could make your weekly grocery shop, your phone and Netflix bill, and your other day to day spending go towards your next holiday.
With all of your rewards points automatically credited to your Velocity membership you could be flying free in no time. Here’s a round up of some of the top Velocity Frequent flyer cards and details of bonus points and point earning rates so that you can find the perfect fit for your wallet in 2018.
American Express Velocity Platinum Card
100,000 bonus points
Complimentary Virgin Australia domestic flight each year
This card is packed with all the freebies and bonuses you’d want in a Virgin Velocity Frequent Flyer credit card. In addition to the 100,000 bonus points offer when you spend $1500 on the card in the first three months, you’ll also get a free domestic flight each year, complimentary lounge passes and free travel insurance. It does have a $375 annual card fee and a 20.74% purchase interest rate so be sure that you will get enough use out of the free features and pay your balance off diligently to justify the price tag.
Virgin Money Virgin Australia Velocity High Flyer Card
Up to 80,000 bonus points
$129 Virgin Australia gift voucher
$289 annual fee
Two Virgin Australia domestic lounge passes
With lots of exclusive travel perks, like two single entry lounge passes and a $129 annual travel voucher you will be living the high flyer life with the Velocity High Flyer card. You can earn an extra 16,000 bonus points each month when you spend $3000 or more on purchases for the first 5 months. You’ll earn 1 Velocity point for every $1 spent (up to $8000 per month) and points will never expire. There is also the added bonus of complimentary travel insurance, price protection and extended warranty insurance. You’ll get up to 44 interest free days so be sure you pay off your balance pronto as the ongoing purchase rate is 20.74%.
With no annual fee and a generous standard $1 point per $1 spent earning rate plus the potential to double that on purchases with Virgin Australia, the Velocity Escape card could help you to escape sooner than other Velocity reward cards. Your points won’t ever expire so you can bank them for a mega trip or cash them in for weekend essentials like car hire or hotel stays. The card has a purchase rate of 20.74% but you’ll get up to 55 days interest free if you pay your balance in full each month.
Virgin Money Virgin Australia Velocity Flyer Card - Balance Transfer and Points Offer
$129 Virgin Australia Gift Card each year
$64 annual fee in first year
Earn 3 Velocity Points on top of standard earn rate for first 3 months
0% on balance transfers for 18 months
With an annual fee of just $64 in the first year and an introductory bonus points offer of 3.66 points per dollar for the first three months (capped at $10,000 a month) 2018 could be a rewarding travel year with the Velocity Flyer Card. You will also get a $129 Virgin Australia voucher each year you own the card which you can put towards your next getaway. It has a super generous 0% balance transfer rate so if you are looking to crush debt in 2018 it could help you do just that. The standard purchase rate is 20.74% and you’ll have up to 44 interest free days if you don’t have an outstanding balance.