Compare Velocity credit cards
The cards in this table let you earn Velocity Points directly, or earn rewards points in a bank or card program that you convert to Velocity Points.Compare alternatives
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
Best Velocity credit card offers for February 2025
Here are the best Velocity credit cards based on their Finder Scores in the frequent flyer category:
- The American Express Velocity Platinum Card has a Finder Score of 9.54.
- The Virgin Australia Velocity High Flyer Card has a Finder Score of 9.04.
- The Westpac Altitude Velocity Black has a Finder Score of 9.03.
- The Citi Premier Card - Velocity Points Offer has a Finder Score of 8.55.
Read more about how the Finder Score determines the best credit cards on the market.
Updated February 2025 by money editor, Richard Whitten.
How do I earn points with a Velocity credit card?
The first step is to add your Velocity Frequent Flyer membership details to the credit card account. Then, you'll earn points per $1 spent when you use the Velocity credit card to pay for groceries, food delivery, a new outfit or any other eligible transaction.
If your new card also offers bonus points, you'll usually need to meet a spending requirement to get them. For example, a card could offer 60,000 bonus Velocity Points when you spend $3,000 on eligible purchases in the first 3 months.
Types of Velocity credit cards
1. Credit cards that earn Velocity Points directly
These cards earn Velocity Points per $1 spent, which are added to your frequent flyer account. Currently, American Express, BOQ Specialist, Virgin Money and Westpac offer these "direct earn" Velocity Frequent Flyer credit cards.
- Pro: It's easy to see how many Velocity Points you earn for your credit card spending.
- Pro: From April 2025, you'll earn more Velocity Points on flight bookings if you have one of these cards.
- Con: You're limited to only earning Velocity Points.
2. Reward cards that offer Velocity Points transfers
With these cards, you can transfer points from a credit card rewards program into your Velocity Frequent Flyer account. Some even offer an auto-transfer option.
- Pro: Sometimes you'll get point transfer bonuses with these cards. For example, 15% more Velocity Points than usual when you transfer points during the promotional period.
- Con: The point transfer rate varies but usually you'll end up with fewer Velocity Points than what you had in reward points. A typical transfer rate is 2 reward points to 1 Velocity Point.
Check out Finder's guide on transferring reward points to Velocity Frequent Flyer for full details on how it works – and transfer rates.
Which is better?
You can earn Velocity Points with both of these types of credit cards. A key difference with credit cards that offer point transfers is that you can also redeem points for other rewards offered directly through the credit card rewards program.
But Velocity also offers different rewards, so it doesn't really matter which type of card you choose. It's more important to focus on comparing the features and costs of different Velocity credit cards so you can find one you want.
How to find the best credit card for earning Velocity Frequent Flyer Points
Apart from the annual fee and interest rate, which are important when comparing any credit card, these are the things to look for:
Bonus points and sign-up offers
You can get a lot of value from Velocity credit card introductory offers, with some cards offering up to 170,000 bonus Velocity Points. That's enough for two return business class flights between Sydney and Auckland (142,000 Velocity Points, plus fees and taxes) with points to spare.
Points per $1 spent
Generally, 1 Velocity Point per $1 is competitive for a direct earn card. For point transfers, an equivalent of 0.5 Velocity Points per $1 is competitive. Make sure you also check for any points caps or spend thresholds in your comparison.
Travel perks
You can get valuable extras on platinum and higher-tier cards, and even some Virgin Australia-branded cards, including: Airport lounge access, Complimentary travel insurance, Concierge services, Flight or travel credit, Bonus Status Credits or other exclusive offers.
What perks will I get with a Velocity credit card?
If you're interested in benefits specifically for travel with Virgin Australia, the 2 main ones are:

Flights
The Virgin Australia Velocity Flyer and High Flyer credit cards both offer a $129 Virgin Australia gift voucher each year you have the card.

Virgin Australia Lounge access
The Virgin Australia High Flyer offers 2 complimentary single-entry lounge passes for Virgin Australia lounges per year.
Example: How many points can I earn with a Velocity Frequent Flyer credit card?
The number of Velocity Points you'll earn with a credit card depends on the card's bonus points offer, earn rate and how much you spend. To give you an idea of how it works, here's an example that looks at the yearly potential points based on earn rates for 2 different Velocity credit cards.
Feature | American Express Velocity Platinum Card | Virgin Australia Velocity High Flyer Card |
---|---|---|
Annual Fee | $440 | $329 |
Virgin Australia flight benefit | 1 return domestic Virgin Australia economy flight per year (assumed value of $179 per year) | $129 Virgin Australia travel voucher per year |
Points per $1 spent on eligible purchases | 1.25 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 |
Points on everyday spending of $30,000 per year (incl. $1,000 with Virgin Australia) | 38,500 Velocity Points (assumed value of 2 cents/1,000 points) $770 | 30,000 Velocity Points (assumed value of 2 cents/1,000 points) $600 |
Total yearly card value | $574 | $440 |
In this example, spending with the American Express card would offer more value over the course of one year than the Virgin Money card. However, it does not factor in the value of any insurance covers, lounge passes or other perks.
Finder research shows 19% of Australians collect points through the Velocity Frequent Flyer program. And rising travel costs mean that using points for reward flights can give you even more value.

"I chose Velocity Points over Qantas Points and went with a card that lets me earn Velocity Points directly. My main goal was domestic reward flights, and I shop at Coles more often than Woolies. Now I earn Velocity and Flybuys Points when I shop, and convert the Flybuys to Velocity Points. It pays for multiple domestic reward flights per year."
How many Velocity Points do I need for a flight?
You can get Virgin Australia Reward Seat flights from 5,900 Velocity Points, not including carrier charges that are billed separately. For example, this is enough for a one-way Tier 1 economy reward flight from Sydney to Melbourne.
Here are some 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 (Tier 2 reward): 35,600 points
- Sydney to Queenstown (NZ) in business class: 71,000 points
This means a competitive credit card bonus points offer will give you enough points for a reward flight (or flights).
Calculate how much your Velocity Points are worth
Choose Velocity Frequent Flyer as the program and put the number of points into this calculator to get a dollar value for them.
Check out more examples and tips on redeeming points in Finder's guide to the Velocity Frequent Flyer program.
2025 Finder Credit Card Awards for Velocity Points
Each year the Finder Credit Card Awards recognises Australia's top credit cards, with expert analysis of rates, fees and offers based on 12 months' worth of data. These cards might not currently have the most competitive deals for earning velocity points but you can use them as a benchmark against the latest offers.
Best Velocity Frequent Flyer Credit Card: Westpac Altitude Velocity Black
Highly commended

American Express Velocity Platinum Card
The American Express Velocity Platinum Card is highly commended in this award category. It offers new customers a competitive sign up points offer when they spend $3,000 in the first 3 months and has a high earn rate, lounge access and many other benefits.

Citi Premier Card - Velocity Points Offer
Citi's Premier Card - Velocity Points Offer has a high bonus points offer and an annual fee that's a touch lower than comparable cards. That's why it's highly commended in the Velocity frequent flyer category.
Frequently Asked Questions
How does the Finder Frequent Flyer Score work?
The Finder Score is an easy way you can figure out which frequent flyer credit cards are worth the trip, and which ones aren't worth getting out of bed for.
Here's how the score works:
- We analyse over 250 credit cards and assess 8 features, giving a score for each one.
- Then we combine these scores using a weighted methodology (because some features are more important than others).
- This gives us a final score out of 10: the Finder Score.
See full Finder Score methodology
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