Imagine booking your next holiday knowing your everyday purchases have helped you build a balance of Velocity Points along the way.
The Virgin Australia Velocity Flyer Credit Card brings that possibility closer through eligible spending rewards, promotional bonus points and travel benefits designed for people who enjoy flying.
If you’re comparing travel credit cards, this option could be particularly appealing if you regularly fly with Virgin Australia and can make enough use of the rewards to justify the annual fee.
Virgin Australia Velocity Flyer Credit Card: the best credit card for earning Velocity Points on everyday spending
Why wait until you’re at the airport to start earning rewards towards your next trip? The Virgin Australia Velocity Flyer Credit Card lets eligible everyday purchases contribute to your Velocity Points balance.
Earn 0.5 Velocity Points per $1 on qualifying transactions up to $1,500 per statement period, then 0.25 points per $1 thereafter. For travellers comparing travel credit cards, it’s a way to connect ordinary spending with future flight rewards.
The promotional offer makes things even more interesting. Eligible new cardholders can earn 25,000 bonus Velocity Points for each qualifying monthly spending period in the first 60 days after approval, by spending at least $1,500 on eligible purchases in each period.
Once 50,000 bonus points have been received, 50 Status Credits are awarded to the Velocity account within 30 days. Keep the card open for more than 12 months and another 20,000 Velocity Points can be awarded under the offer conditions.
That brings the potential total to 70,000 bonus points, making this travel credit card especially interesting for people who can meet the spending requirements without stretching their budget.
There’s also a benefit designed for those who fly with Virgin Australia. Eligible primary cardholders can request a $129 Virgin Australia gift voucher each year after making a retail purchase within the two months before the request.
The card also offers an extra Velocity Point per eligible $1 spent directly with Virgin Australia, while eligible flights can earn 5 Velocity Points per $1 under the Velocity program.
Add complimentary purchase protection, extended warranty and mobile phone insurance, and this international credit card offers more than just a points balance.
Is a Virgin Money credit card worth it?
Virgin Money Australia offers financial products under the well-known Virgin brand, and its Velocity Flyer Credit Card is closely connected to the Velocity Frequent Flyer program.
Rather than focusing on general shopping rewards, the card gives eligible users opportunities to earn points that can be used within the Velocity rewards ecosystem.
For anyone exploring a credit card apply online option with travel benefits, this connection can be appealing, especially when combined with the promotional bonus points and annual flight voucher.
The card also provides practical features beyond frequent flyer rewards. Through the Virgin Money app, cardholders can monitor spending, manage payments, lock or unlock their card and adjust their PIN.
Apple Pay, Google Pay and Samsung Pay compatibility adds everyday convenience, while Visa’s Zero Liability policy provides eligible fraud protection.
If you’re comparing travel credit cards, these features strengthen the offering, although the $169 annual fee, 21.99% p.a. purchase interest rate and reduced points earning rate after the monthly spending threshold deserve careful consideration.
What are the eligibility requirements for a Virgin Money credit card?
To apply for the Virgin Australia Velocity Flyer Credit Card, you’ll need to meet the following eligibility criteria:
- Be a new applicant eligible for the selected Virgin Money credit card offer.
- Meet the issuer’s applicable age, residency and identity verification requirements.
- Provide the personal and financial information requested during the application.
- Satisfy the issuer’s income, affordability and credit assessment requirements.
- Qualify for the card’s minimum credit limit of $6,000.
- Hold or provide the relevant Velocity Frequent Flyer account details to receive Velocity Points and Status Credits under the applicable program conditions.
- Meet the additional promotional requirements if applying for the bonus Velocity Points offer or a balance transfer promotion.
The supplied product information does not specify the exact minimum age, residency categories or income requirements. These should be confirmed in the official application criteria before submitting a credit card application.
How to apply for the credit card
- Step 1: Visit the official Virgin Money Velocity Flyer Credit Card website.
- Step 2: Compare the available offers and decide whether the Velocity Points promotion or the longer balance transfer promotion better suits your financial needs.
- Step 3: Review the $169 annual fee, interest rates, minimum credit limit and relevant promotional terms.
- Step 4: Select “Apply now” for your preferred offer.
- Step 5: Complete the online application with the personal, contact and financial details requested by the issuer.
- Step 6: Provide any supporting information or documentation required for identity verification and credit assessment.
- Step 7: Review your application carefully and submit it for assessment.
- Step 8: If approved, follow the instructions to activate your card and link the relevant Velocity Frequent Flyer details to receive eligible points and benefits.
Frequently asked questions
How does interest work on the Virgin Australia Velocity Flyer Credit Card?
The Virgin Australia Velocity Flyer Credit Card charges 21.99% p.a. on retail purchases and 21.99% p.a. on cash advances.
Eligible retail purchases can receive up to 44 interest-free days, provided you pay the Closing Balance or Interest Free Days Payment in full by the Payment Due Date shown on your statement.
The card also offers two promotional balance transfer options for eligible new and approved customers:
- Velocity Points offer: 0% p.a. on eligible balance transfers for 12 months, with a 3% balance transfer fee.
- Balance transfer offer: 0% p.a. on eligible balance transfers for 24 months, with a 3% balance transfer fee.
After the promotional period ends, any remaining transferred balance reverts to the applicable cash advance rate.
These are separate promotional offers, so applicants should check which benefits are included in their chosen application.
How can I increase the credit limit on my Virgin Australia Velocity Flyer Credit Card?
If you’d like to request a higher credit card limit, contact Virgin Money through its official customer support channels or check the available account management options.
The card has a minimum credit limit of $6,000, but the limit available to you depends on the issuer’s assessment of your financial circumstances and creditworthiness.
A request for additional credit may involve reviewing your income, existing debts, repayment history and ability to manage a higher limit.
Approval is not guaranteed, and any increase should be considered in relation to your regular expenses and repayment capacity.
How can I pay my Virgin Australia Velocity Flyer Credit Card statement?
The Virgin Money app provides tools for monitoring your account, managing payments and keeping track of your credit card spending.
To manage your repayments:
- Check your statement: Review your outstanding balance, minimum payment and payment due date.
- Use the Virgin Money app: Access the available payment management features and account information.
- Follow your statement instructions: Use one of the payment methods supported by Virgin Money.
- Monitor your transactions: Keep track of spending and payments to help avoid missed due dates.
To qualify for interest-free days on eligible retail purchases, you must pay the Closing Balance or Interest Free Days Payment in full by the due date shown on your statement.
How can I cancel my Virgin Money credit card?
To cancel your Virgin Australia Velocity Flyer Credit Card, contact Virgin Money through its official customer service channels and request account closure.
Before closing the account, review any outstanding balance, pending transactions, recurring payments or applicable fees.
You should also check your Velocity Points arrangements and any unused Virgin Australia gift voucher benefits to understand whether account closure could affect your eligibility.
If you’re participating in the bonus points promotion, remember that the additional 20,000 Velocity Points require the card to remain open for more than 12 months, subject to the offer conditions.
Follow Virgin Money’s account closure instructions and request confirmation once the process has been completed.