Velocity Rewards: Earn Velocity Rewards Points with your credit card

Earn more Velocity frequent flyer points on your everyday expenses and redeem the rewards you want including flights, hotels, shopping and the latest gadgets.

Virgin Australia’s Velocity frequent flyer rewards scheme has collaborated with a number of Australia’s banks and card providers to offer cardholders the opportunity to earn Velocity points as they spend. These cards vary from zero annual fee cards to the platinum variety, with the earn rates varying from card to card.

It’s free to sign up and you can earn points in a number of ways, including travel purchases, online shopping and eligible everyday costs. There may even be some opportunities to earn bonus points when shopping with certain providers. These points can then be redeemed for an assortment of rewards such as flights, accommodation and merchandise via the Virgin Online Store.

Compare Velocity Rewards Credit Cards

Rates last updated September 22nd, 2019
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Virgin Australia Velocity Flyer Card - Annual Fee Offer
30,000 bonus points
Velocity Frequent Flyer
20.74% p.a.
$50 p.a.
Save with an ongoing $50 annual fee and 0% balance transfer offer. Plus, the ability to earn up to 30,000 bonus Velocity Points in the first 3 months.
American Express Velocity Platinum Card
50,000 bonus points
Velocity Frequent Flyer
20.74% p.a.
$375 p.a.
Get 50,000 bonus Velocity Points when you spend $3,000 for the first 3 months. Plus, 100 Status Credits and luxury travel perks.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
70,000 bonus points
Velocity Frequent Flyer
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Up to 70,000 bonus Velocity Points (20,000 points when you spend $1,500/month in the first 3 months plus 10,000 points after the first anniversary).
American Express Velocity Escape Card
Velocity Frequent Flyer
20.74% p.a.
$0 p.a.
Earn uncapped Velocity Points on purchases and save with a $0 annual fee for life and a 0% p.a. for 12 months balance transfer offer.
Virgin Australia Velocity High Flyer Card
100,000 bonus points
Velocity Frequent Flyer
20.74% p.a.
$289 p.a.
Save on travel costs with a $129 Virgin Australia gift voucher each year and complimentary travel insurance.
ANZ Rewards Travel Adventures card
75,000 bonus points
ANZ Rewards Program
20.24% p.a.
$225 p.a.
Receive complimentary travel insurance and two complimentary Virgin Australia domestic airport lounge passes each year.
American Express Velocity Business Card
Velocity Frequent Flyer
$249 p.a.
ABN holders w/ $75,000 p.a. revenue. A business charge card offering Velocity Points per $1 spent and up to 51 days interest-free on purchases.
Westpac Altitude Black - Velocity
80,000 bonus points
Velocity Frequent Flyer
20.49% p.a.
$300 p.a.
Collect 80,000 bonus Velocity Points when you meet the spend requirement. Plus, complimentary seat upgrades and lounge passes.
American Express Westpac Altitude Black Bundle - Velocity
120,000 bonus points
Velocity Frequent Flyer
20.24% p.a. (AMEX)

20.49% p.a. (Visa/MC)

$499 p.a.
Up to 120,000 bonus Velocity Points with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex). T&Cs apply.

Compare up to 4 providers

What are the earn rates?

The earn rates differ from card to card, though you can generally expect to receive higher earn rates on premium credit cards. There are two types of Velocity credit cards, either a co-branded card that automatically loads the rewards points to your Velocity account or an indirect earn card that’ll allow you to convert your credit card rewards points to Velocity points. The earn rates between these different types of cards will also vary.

Some of the co-branded cards available are:

The indirect cards and providers that allow you to transfer your points to Velocity points include:

  • American Express Membership Rewards card. 2 Membership Rewards points (for Ascent, Ascent Premium, David Jones and Membership Rewards Gateway programs) will earn 1 Velocity Point.
  • Diners Club International. 1.5 Diners Club Reward points will earn 1 Velocity point.
  • ANZ Business Rewards. 2.25 ANZ Business Reward points earn 1 Velocity point.
  • Citi cards. 1.5 Citi Rewards points earn 1 Velocity point for Citi Rewards Signature, Prestige and CitiBusiness credit card. For Citi Gold and Citi Platinum credit card, 2 Citi Rewards points earn 1 Velocity point.
  • Westpac. 2 Altitude points earn 1 Velocity Point.
  • Commonwealth Bank. 2 CommBank Awards points earn 1 Velocity point (Platinum and Diamond cards), 2.5 CommBank Awards points earn 1 Velocity point (Awards card)
  • ANZ. 2 ANZ rewards points earn 1 Velocity point.
  • St.George. 2 Amplify points earn 1 Velocity point.
  • Bank of Melbourne. 2 Amplify points earn 1 Velocity point.

If you’re transferring your card rewards points to your Velocity account, some restrictions may apply. For example, in case of Bank of Melbourne, cardholders need to transfer minimum 3,000 Amplify points per transfer. If you have more than 3,000 Amplify points to transfer, you’ll need to do so in multiples of 500. For example, you will only be able to transfer amounts of 3,500 points, 4,000 points, 4,500 points, and so on.

At the time of writing, co-branded credit cards provide a more competitive earn rate and have the added bonus of automatically transferring your Velocity points to your account.

How can I earn Velocity points?

Some of the ways you can expect to earn Velocity points on your credit card include:

  • Airline travel. You can earn Velocity Points on eligible flights with Virgin Australia and its partners. The number of points you'll earn will depend on where you're flying, your Velocity status and the fare class of your booking. This rate is higher for premium class seats. You can also expect to earn bonuses as you move up the Silver, Gold and Platinum Velocity tiers.
  • Eligible credit card purchases. You can also earn Velocity points on eligible everyday purchases. For example, American Express Platinum card earns 3 points for every dollar spent on Virgin Australia, 2 points for every dollar spent on other airlines, accommodation, major cruises and even enables points earning on payment of utility bills at a rate of 0.50 points for every dollar spent. These rates and eligible purchases will differ from card to card.
  • Car hire. Hiring a car from Europcar, Thrifty and Hertz from more than 12,000 locations across the globe can earn 4 points for every dollar spent.
  • Hotel stays. Bonus points can be earned on hotel stays when Velocity members book with Velocity’s online accommodation partners.
  • Fuel. Earn 2 Velocity points for every litre of fuel and 2 Velocity points for every $1 spent in-store up to $100, per transaction at participating BP service stations.
  • Velocity eStore. Earn 2 Velocity points for every dollar spent on Velocity eStore. It includes over 200 local and international stores.
  • Wining and dining. Earn 300 points for every honoured booking when reservations are made through

There are several other opportunities to earn points in travel purchases, entertainment and home expenses. Cardholders can use these options to quickly accumulate points on their account and redeem these points for their chosen rewards.

What can I redeem my points for?

  • Flights around Australian and the world - redeem your points for any seat you want on a Virgin Australia airline, or redeem your points for a Reward Seat with a limited availability.
  • Car hire - You can redeem points for the hire of a car in selected countries around the world. You can use your points for the whole balance, or use a mix of Velocity Rewards points and cash.
  • Hotels and accommodation - Choose from one of 75,000 partner hotels around the world and choose to pay with your points
  • Holiday extras - use your points for a range of activities at a variety of locations. These include Onsport Golf Club, SeaWorld, Wet'n'Wild and Warner Brothers Movie World. You can also use your points on cruise liners, limousines and even Virgin Galactic!
  • Online Shopping - Not only will you earn points shopping at Westfield and onsport online, you can redeem points at these web sites too.
  • Donations to charities - You can redeem your Virgin Velocity points for donations to charities through Virgin Unite. Virgin Unite aims to help make people's lives better.
  • Virgin Online Store - From an iPad to fashion accessories to household appliances, whatever you need you could most probably find it in the Virgin Velocity Online Shop.

What should I consider when comparing credit cards that can earn Velocity points?

Velocity credit cards vary from card to card and the right option will depend on your needs and rewards goals. Some of the factors you may like to consider include:

  • Are the points restricted? What good is a 3 or 4 points per dollar earn rate if the points are capped to a low amount or will expire in a short duration. If you regularly use your card and have the ability to earn points beyond the cap in place or if you intend to save up your points beyond the expiry, either of these restrictions could limit your choices.
  • Does the rewards program compliment my spending habits? The rewards program should align with your spending behaviour. Increasing the expenses just to accumulate higher reward points can lead to superfluous expenses and even unsustainable debt. Cards must be chosen according to the monthly expense budget of the individual.
  • Rewards programs. Make sure that the rewards program on offer is right for you. If you’re looking at a Velocity frequent flyer card, but you often fly with Qantas, you may wish to reconsider your choice.
  • Other features. Reward points are only a part of the total benefits provided by a card. Other features such as annual fees, complimentary insurance, balance transfer options, foreign currency conversion or purchase rates are just some of the factors you’ll need to consider when comparing your card options.

If you’re a Velocity frequent flyer, a Velocity credit card could be a worthwhile way to rack up points. However, as there are a number of rewards credit cards on the market, it’s wise to compare your options before making your final choice.

Frequently asked questions

Image: Velocity Frequent Flyer

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