Virgin Australia Velocity Flyer Card - Bonus Points Offer card image

Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer

Advertiser disclosure
Purchase rate
20.74% p.a.
Balance transfer rate
0% p.a. for 12 months and then 20.99% p.a.
Annual fees
$149 $74 in the first year
Interest free days on purchases
55

Mozo editorial review Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer - last updated: 6 March 2024

binocular icon
What's hot
  • 0% balance transfer rate for 12 months
  • $74 annual fee for first year, $149 after that (T&Cs apply)
  • 2022 Mozo Experts Choice Award winner
What's not
  • Velocity Points earning rate drops to 0.5 Points for $1 spent after $1500 per month
Mozo snapshot

If you are looking to land yourself a new credit card with great rates and awesome rewards look no further than the Virgin Australia Velocity Flyer Credit Card - Bonus Points offer. You can earn up to 60,000 bonus Velocity Points (T&Cs apply) plus enjoy 0% interest on any balances transferred for 12 months.

It also won a 2022 Mozo Experts Choice Award for best Velocity Frequent Flyer Credit Card.

key icon
Key features

You will be on your way to flying free fast with the 60,000 bonus Velocity points on offer with this card. You'll earn 30,000 Points for each month you spend $1,500 on eligible transactions for the first 2 months after you're approved.

With this bonus point option there is also an introductory balance transfer rate of 0% for 18 months. While the introductory offers are a great way to save on repayments now, be sure to pay off your balance by the end of the honeymoon period or your balance will revert to the cash advance rate of 20.99%.

This credit card has a standard interest rate of 20.74% for purchases and a 55 day interest free period. Additional credit cards come at the cost of $39.

The card has an annual fee of $149.  

The card also comes with Visa PayWave functionality so you can tap and go for your next purchase under $100. If you use the card internationally you will pay a 3.30% foreign exchange margin on all transactions.

The reward program is linked to the Velocity Frequent Flyer Rewards program. Virgin Velocity Flyer Cardholders earn 0.66 Velocity points for every dollar they spend (up to $1500) and then 0.5 point for every $1 after. Virgin Australia Velocity Flyer cardholders also get access to a concierge service, exclusive Virgin family offers and free transit accident insurance.

One of the hottest features of the Virgin Australia Velocity Flyer credit card is the $149 Virgin Australia Gift Voucher you can redeem each year. Use it for a flight (including sale fares) or holiday package - you can redeem it anytime within 6 months of the voucher issue date.  



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Who is it good for

The Virgin Australia Velocity Flyer credit card is perfect for anyone who is prone to enjoy a bit of out-of-state retail therapy and is disciplined about paying off their credit card balance in full each month. Note that to be eligible for the credit card you have to earn a minimum of $35,000.

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Any catches

The rewards earning rate drops after you spend $1,500 each month to 0.5 point for every $1 spent so it could take a while to rack up a decent number of rewards points for things like overseas travel and accommodation.

The standard annual fee is $149 per year. 

Rewards program details

Rates and fees information correct as at 22 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

119,600 points

Fly Sydney to Melbourne one-way

7,800 points

$100 Giftcard

19,500 points

$100 Cash

-

Points earning

0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

Rewards scheme

Points are credited to the Velocity Frequent Flyer program.

All rewards are redeemed via Velocity.

Earn 1 additional Velocity Point per $1 spent on a Virgin Australia purchase using your Flyer Credit Card.

Receive a $129 Virgin Australia Credit each year.

Special offers

Earn 30,000 points each month when you spend$1,500 or more on eligible transactions for each of the first 2 months from card approval.

Value of rewards points

Spend $33,240 (Visa)

Spend $11,818 (Visa)

Spend $233,440 (Visa)

Uncapped

Never

How do we calculate these points?

Rate and fee details

Rates

20.74% p.a.

none

0% p.a. for 12 months and then 20.99% p.a.

yes

20.99% p.a.

55

Fees

$149.00

$74 in the first year

none

none

$30.00

2.7%, Min $2.70

3.30%

$7.00

$7.00

$39.00

Features

$30.00

2.0

4

none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Purchase Protection

Other benefits

Receive a $129 Virgin Australia Gift Voucher each year.

Customer Reviews

How are Virgin Money credit cards rated by the Mozo community?

Overall
5.6/10
Price
5.9/10
Features
6.1/10
Customer service
5.2/10
Convenience
5.3/10
Trust
5.4/10
Based on 236 Virgin Money credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Virgin Money Virgin Australia Velocity Flyer Card - Bonus Points Offer Credit Card

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Citi Rewards Program

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