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Velocity Credit Cards

Escape winter with 100,000 bonus Velocity Points. Compare Velocity credit cards that offer status credits, lounge passes and perks you can get with Virgin.

PROMOTED
Virgin Australia Velocity Flyer Card - Bonus Points Offer
Up to 100,000 bonus Velocity Points
  • 0.66 Velocity Points per $1 spent
  • $64 first year fee
  • Ends 30 June 2022
  • 0.66 Velocity Points per $1 spent
  • $64 first year fee
  • Ends 30 June 2022
Eligibility criteria, terms and conditions apply.

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Velocity credit cards

A Velocity credit card gives you a way to earn points for every eligible $1 you spend. Some of these credit cards also have big bonus point offers when you sign up. In the table below, we've also included cards that earn points you can transfer to Velocity.

Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate p.a. Annual fee
Citi Rewards Card - Velocity Points Offer
60,000
Velocity / Citi
1
21.49%
$0 for the first year ($149 thereafter)
Earn 60,000 bonus Velocity Points when you spend $3,000 in the first 90 days. Plus, $0 first-year annual fee.
St.George Amplify Platinum
100,000
Amplify Rewards
1
19.49%
$29 for the first year ($99 thereafter)
Earn 100,000 bonus Amplify Points (worth $450 in gift cards) when you spend $3,000 in the first 90 days. Plus, a first-year annual fee discount and Kayo cashback offer.
Westpac Altitude Black
140,000
Westpac Altitude Rewards
1.25
19.99%
$99 for the first year ($250 thereafter)
Earn 140,000 bonus Altitude Points when you spend $6,000 in the first 120 days. Plus, save with a reduced first-year annual fee.
American Express Velocity Platinum Card
100,000
Velocity Frequent Flyer
1.25
20.74%
$375
Earn 100,000 bonus Velocity Points when you spend $3,000 in the first 3 months. Plus, a complimentary return domestic flight per year.
American Express Velocity Escape Card
N/A
Velocity Frequent Flyer
0.75
20.74%
$0
Get 0.75 points on your everyday purchases, uncapped, and a $0 annual fee for the life of the card.
American Express Platinum Business Card
300,000
Membership Rewards Ascent Premium
2.25
0%
$875 for the first year ($1,750 thereafter)
ABN holders w/ $75,000 revenue. Get 300,000 bonus Membership Rewards points when you spend $12,000 in the first 3 months. Plus, a first-year annual fee discount.
American Express Velocity Business Card
100,000
Velocity Frequent Flyer
1
0%
$249
ABN holders w/ $75,000 revenue. Receive 100,000 bonus Velocity Points when you spend $3,000 in the first 2 months.
American Express Platinum Edge Credit Card
30,000
Membership Rewards
1
20.74%
$195
Get a $200 statement credit when you spend $200 at Amazon.com.au. Plus 30,000 bonus Membership Rewards.
Westpac Altitude Platinum Card
110,000
Westpac Altitude Rewards
1
19.99%
$49 for the first year ($150 thereafter)
Get 110,000 bonus Altitude Points (worth $350 cashback) when you spend $3,000 in the first 90 days. Plus, a $49 first-year annual fee discount.
American Express Explorer Credit Card
100,000
Membership Rewards
2
20.74%
$395
Get 100,000 bonus Membership Rewards Points when you spend $4,000 in the first 3 months. Plus, a $400 Travel Credit each year.
American Express Business Explorer Credit Card
100,000
Membership Rewards Gateway
2
3.99% for 6 months, reverts to 19.99%
$0 for the first year ($149 thereafter)
ABN holders w/ $75,000 revenue. Get 100,000 bonus points when you spend $3,000 in the first 3 months. Plus, $0 first-year annual fee.
St.George Amplify Signature
150,000
Amplify Rewards
1.5
19.49%
$139 for the first year ($279 thereafter)
150,000 bonus Amplify Points when you spend $12,000 in the first 12 months. Plus, a first-year annual fee discount.
American Express Platinum Card
200,000
Membership Rewards Ascent Premium
2.25
0%
$1,450
Up to 200,000 bonus points (150k when you spend $5,000 in the first 3 months and 50k in year 2). Plus, a $450 Travel Credit each year.
David Jones American Express Platinum Card
N/A
Membership Rewards
1
20.74%
$295
Receive $450 credit when you spend $1,500 outside David Jones within the first 3 months from card approval.
Bank of Melbourne Amplify Platinum
100,000
Amplify Rewards
1
19.49%
$29 for the first year ($99 thereafter)
Get 100,000 bonus Amplify Points (worth $450 in gift cards) when you spend $3,000 in the first 90 days and a first-year annual fee discount.
David Jones American Express Card
N/A
Membership Rewards
1
20.74%
$99
Receive $200 credit when you spend $1,500 outside David Jones within the first 3 months from card approval.
American Express Business Card
N/A
Membership Rewards Ascent
1.5
0%
$109
ABN holders w/ $75,000 revenue. Up to 1.5 points/ $1 spent and extended cashflow with up to 51 days interest-free on business purchases.
American Express Gold Business Card
100,000
Membership Rewards Ascent
1.5
0%
$169
ABN holders w/ $75,000 revenue. Get 100,000 bonus Membership Rewards Points when you spend $1,000 within the first 2 months.
HSBC Platinum Credit Card
N/A
HSBC Rewards Plus
1
19.99%
$29 for the first year ($129 thereafter)
Save money with a 0% balance transfer rate for 36 months (with no BT fee), a first-year annual fee discount and free travel insurance.
ANZ Rewards Black Credit Card
80,000
ANZ Rewards Program
2
20.24%
$0 for the first year ($375 thereafter)
Now eligible for Cashrewards Max. Enjoy 80,000 bonus Reward Points (worth $350 in eGift cards) when you spend $2,000 in the first 3 months. Plus, $0 first-year annual fee.
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How can I earn points with a Velocity credit card?

All you have to do to get started is add your Velocity Frequent Flyer membership details to your credit card account – usually you're asked to do this when you apply.

Then, when you use a Velocity credit card to pay for groceries, food delivery, a new outfit or any other eligible transaction, you'll get a set number of points per $1 spent. For example, if you got a card that offered 1 Velocity Point per $1 and spent $200 at the supermarket, you'd get 200 Velocity Points.

What is an eligible transaction on a Velocity frequent flyer credit card?

You can earn Velocity Points on most everyday spending, including food and drinks, travel bookings and even medical appointments. While it varies between cards, transactions that don't usually earn points include cash advances, balance transfers, gambling transactions and BPAY payments.

Types of credit cards that earn Velocity points

There are actually two ways to earn Velocity Points with a credit card: by earning Velocity Points directly or by transferring reward points to your frequent flyer account. Here's a closer look at how each one works:

  • Credit cards that earn Velocity Points directly

These cards earn Velocity Points that are automatically transferred to your frequent flyer account. Currently, American Express, BOQ Specialist, Virgin Money and Westpac all offer these "direct earn" Velocity Frequent Flyer credit cards.

  • Cards that let you transfer reward points to Velocity Frequent Flyer

With these cards, you can transfer points from a credit card rewards program into your Velocity account. You can also redeem points for other rewards offered directly through the credit card rewards program.

Credit card providers that give you this option include American Express, Commonwealth Bank, Westpac, ANZ, HSBC, St.George, Bank of Melbourne, BankSA, Citi, Suncorp Bank and Bank of Queensland. When you're comparing these cards, check the transfer rate (how many Velocity Points you'll get from a transfer), as it does vary.

Take it further: If you get a card that offers point transfers, keep an eye out for transfer bonus offers that can add to your Velocity Frequent Flyer balance. For example, you could get a 15% bonus when you transfer rewards points to Velocity Points during an offer period.

ccf-velocity-plane

How to find the best credit card for earning Velocity Frequent Flyer points

If you want a rewards credit card that earns Velocity Points, looking at these features will help you find one that suits your needs:

  • Earn rate. This is the number of points you'll earn per $1 spent and, generally, 1 Velocity Point per $1 is a competitive earn rate for a direct earn card. Make sure you also check for any points caps or spend thresholds in your comparison.
  • Bonus points. Some Velocity credit cards some with bonus point offers on sign-up. These offers typically range from 10,000 to 120,000 points when you meet the spend requirements. For example, a card might offer 80,000 bonus points when you spend $4,000 in the first 3 months.
  • Annual fee. Although some Velocity Frequent Flyer cards charge $0 annual fees, you can usually expect more competitive earn rates and extra features if a card has a higher annual fee.
  • Interest rates. This will usually hover around 20% p.a. If you regularly carry a balance between statement periods, the interest costs you'll accrue can easily outweigh the value of your Velocity Points. So, rewards cards are best suited to cardholders who regularly pay their account in full.
  • Complimentary travel insurance. A Velocity credit card that offers complimentary travel insurance can help you save on the cost of buying cover outright. While complimentary credit card travel insurance conditions vary between providers, usually you and eligible family members travelling with you will get cover for medical expenses, lost or stolen luggage and legal liability.
  • Flight offers. Some Velocity reward credit cards offer a complimentary domestic flight or flight voucher each year you have the card and meet the eligibility requirements. For example, the Virgin Australia Velocity Flyer and High Flyer credit cards both offer a $129 Virgin Australia gift voucher every year when you make a retail purchase in the 2 months prior to requesting your voucher.
  • Lounge passes. Many Velocity Frequent Flyer cards also offer complimentary single entry passes to Virgin Australia lounges, where you can enjoy complimentary food and beverages, high-speed Wi-Fi, dedicated check-in, bathrooms and shower facilities as well as meeting rooms and working spaces. If you have an American Express Velocity card, you may also receive passes to visit the American Express lounges at Sydney and Melbourne airport.

How many Velocity Points do I need for a flight?

You can get Reward Seat flights from 7,800 Velocity Points, not including carrier charges that are billed separately. For example, this is enough for a one-way economy flight from Sydney to Melbourne. Below are a few other examples to give you an idea of the points you'd need for a return flight:

  • Sydney to Melbourne in business class: 31,000 points
  • Brisbane to Perth in economy: 35,600 points
  • Sydney to Fiji in business class: 71,000 points

This means a competitive Velocity credit card bonus points offer will give you enough points for a reward flight (or flights). You'll find more examples and tips on redeeming points in Finder's guide to the Velocity Frequent Flyer program.

How can I earn more points with a Velocity Frequent Flyer credit card?

Here are some of the ways you could maximise the Velocity Points you earn with a frequent flyer credit card:

  • Shop with bonus points partners. Some Velocity frequent flyer credit cards offer bonus points for spending with specific partners. For example, you may be able to earn bonus Velocity Points when shopping with Virgin Australia, another retail partner or when you spend money overseas. Make sure you know what bonuses are available so you can get more Velocity Points with your credit card. The complete list of Velocity everyday partners is available on the Velocity website.
  • Pay for big ticket items on your card. Booking travel, buying furniture or going to a major event, paying with your Velocity credit card can help you earn more points for these big-ticket expenses. Just make sure you can pay off the purchases before interest is charged, otherwise the cost could outweigh the value of the Velocity Points you earned.
  • Take advantage of bonus points offers. Many Velocity credit cards offer bonus points when you first sign up for a card, which will help boost your frequent flyer balance. You'll usually need to meet some conditions to take advantage, such as spending a particular amount of money in the first few months you have the card.
  • Spend with Velocity partners. As a Velocity member, you can also earn points when you spend with program partners such as Virgin Australia, Coles, BP service stations, Jetts Fitness, Virgin Mobile and a wide range of retailers on the Velocity eStore. If you use your Velocity credit card with these partners, you'll earn points twice: once through Velocity and once through your card. See our guide to earning Velocity Points to get started.
  • Additional cardholders. Many Velocity Frequent Flyer credit cards allow you to link additional cardholders to the single account. All of the points earned on the additional card are pooled within the one Velocity account. This can be an easy way to boost your Velocity Points if you request an additional card for your partner or for employees if you're using a business card.

Score more perks with Velocity Status Credits

Status Credits help you reach higher Velocity membership tiers that unlock bigger benefits like priority boarding, Virgin Australia airport lounge passes and additional baggage.

Flying is the main way to earn Status Credits but there are a couple of other ways – including Velocity Frequent Flyer credit cards that have bonus Status Credits offers. For example, a card might offer 100 Velocity Status Credit when you spend $4,000 in the first 3 months. It's rare to find a Velocity credit card that also offers Status Credits, so it is a competitive feature.

How many points can I earn with a Velocity Frequent Flyer credit card?

The maximum number of Velocity Points you can earn with your credit card will depend on the card's bonus points offer and earn rate, plus how much you spend. When you're looking at Velocity Frequent Flyer credit cards, you can use these factors to get an idea of how many points you'll earn each month.

The table below has examples for two Velocity credit cards to give you an idea of how it works.

Card costs and monthly spendAmerican Express Velocity Platinum CardVirgin Australia Velocity High Flyer Card
Annual Fee$375 p.a.$289 p.a.
Points per $1 spent on eligible purchases1.25 points per $1 (0.5 points per $1 with government bodies in Australia).

Plus 1 additional point per $1 for eligible Virgin Australia purchases.

1 point per $1 up to 8,000 points per month, then 0.5 points per $1 for the remainder of that statement period.
Groceries – $500625 Velocity Points500 Velocity Points
Fuel – $200250 Velocity Points200 Velocity Points
Streaming/subscriptions – $4050 Velocity Points40 Velocity Points
Phone – $100125 Velocity Points100 Velocity Points
Dining out – $200250 Velocity Points200 Velocity Points
Virgin Australia – $5001,125 Velocity Points500 Velocity Points
Entertainment – $100125 Velocity Points100 Velocity Points
Total Velocity Points earned per month2,550 Velocity Points1,640 Velocity Points

From these examples, we can see that even a small difference in the earn rate can have a big impact on how many points you earn, so it's very important to compare credit cards before you apply. In this case, the American Express card would earn 910 Velocity Points more per month – which could mean an extra 10,920 points per year compared to the Virgin Australia card.

But there are a few key points to think about:

  • The number of points you'll earn largely depends on the earn rate of the card and how much you spend each month on eligible purchases.
  • The more you spend and the higher the earn rate, the more Velocity Points you'll earn with your Velocity Frequent Flyer credit card.
  • When making these calculations, think about whether you can afford to pay off the balance before the statement period ends (to avoid collecting interest).
  • Always check the card's annual fee to decide if the value of the rewards (and other perks) will outweigh the yearly costs of the card.

Virgin Australia Velocity Frequent Flyer credit cards can be a smart way to get more frequent flyer rewards from your everyday purchases. With so many different costs, earn rates and other perks available, comparing a range of Velocity credit cards will help you find one you want.

Frequently asked questions

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