Virgin Australia Velocity High Flyer Card card image

Virgin Money Virgin Australia Velocity High Flyer Card

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
$289
Interest free days on purchases
44

Mozo editorial review Virgin Money Virgin Australia Velocity High Flyer Card - last updated: 2 November 2023

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What's hot
  • 2023 Mozo Experts Choice Award
  • Earn up to 80,000 bonus Velocity points (min. spend applies)
  • $129 Virgin Australia travel gift voucher
What's not
  • 20.74% p.a. purchase rate
Mozo snapshot

With the Virgin Australia Velocity High Flyer credit card you will get exclusive flight benefits including a $129 Virgin Gift Voucher. The card comes with a zero interest balance transfer offer for 12 months, complimentary international travel insurance, and for every dollar you spend you'll earn 1 Velocity Point. Plus, you can get 40,000 bonus points each month you spend $3,500 or more on purchases for the first 2 months. 

It's even an award winner! The Velocity High Flyer Card was named a 2023 Mozo Experts Choice Credit Card Award winner in the best Velocity Frequent Flyer Premium Credit Card category by our expert judges. 

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Key features

The Virgin Australia Velocity High Flyer credit card has a high interest rate of 20.74% p.a. so this is not a card to accrue debt on. Pay your balance in full each month and you'll get up to 44 days interest free. There is a competitive 0% balance transfer rate for 12 months but make sure you pay off the debt in the time period otherwise you'll end up paying the high 20.74% p.a. on any remaining balance.

The $289 ongoing annual fee might seem like a lot to pay for a credit card each year but when you consider all of the top travel goodies that come with the card, you'll more than cover your costs. You'll get a $129 Virgin Gift Voucher, plus free overseas travel insurance, transit accident insurance, purchase cover and extended warranty cover. To help with all that high flying you'll be doing you also have round-the-clock access to the Visa Platinum Concierge Service.

You'll earn 1 Velocity Point per $1 spent on eligible transactions up to $8,000 per statement period (0.5 Velocity Points per $1 after). Points are uncapped so every purchase made on the card will be going towards getting you your next reward.

There's also up to 80,000 bonus points up for grabs. First, you can score 40,000 bonus points each month you spend $3,500 or more on purchases for the first 2 months (capped at 80,000 points). There's also a new chance for you to score 100 Velocity Frequent Flyer Status Credits when you spend at least $500 booking Virgin Australia flights via the main website within the first four months of being approved for the card.

If you use your Virgin Australia Velocity High Flyer overseas, you'll be charged a 3.30% foreign exchange margin on top of every purchase.

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Who is it good for

This card could be a good option for you if you're a Velocity Point seeker, but you need to be an Australian resident to be eligible for the Virgin Australia Velocity High Flyer card.

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Any catches

If you decide to transfer an existing balance to take up the balance transfer offer just be aware that all payments now must go to paying down the most expensive debt first. So if you make any new purchases with the credit card, any payments will go towards these first and your balance transfer second.

Rewards program details

Rates and fees information correct as at 21 February 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

1 point per dollar on Visa, up to $8,000 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.

Special offers

Earn up to 40,000 points each month when you spend $3,500 or more is spent on eligible transactions for the first 2 months.

Value of rewards points

Spend $19,500 (Visa)

Spend $7,800 (Visa)

Spend $143,200 (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.

44

Fees

$289.00

none

none

none

$30.00

2.7%, Min $2.70

3.30%

$7.00

$7.00

$89.00

Features

$30.00

2.0

4

none

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection

Other benefits

100 Velocity Frequent Flyer Status Credits when you spend $500 or more on Virgin Australia flight books within the first 4 months of card approval.

Customer Reviews

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Overall
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Latest reviews of Virgin Money Virgin Australia Velocity High Flyer Card Credit Card

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