Get exclusive money-saving offers and guides
Straight to your inbox
By signing up, you agree to the Finder
Privacy & Cookies Policy
and
Terms of Use, Disclaimer & Privacy Policy.
Virgin Australia Flyer Credit Card Bonus Points Offer
Travel sooner with a card that offers up to 40,000 bonus Velocity Points and save with a reduced first year annual fee.
The Virgin Australia Flyer lets you choose an introductory offer that meets your needs. When you choose this option, you can earn up to 40,000 bonus Velocity Points when you apply by 30 April 2021. That's 20,000 bonus points each month you spend $1,500 in the first 2 months.
0% p.a.
Balance transfer rate
for 12 months with 1.5% balance transfer fee
40,000
Bonus points
20.74% p.a.
Purchase rate
0.66
Reward points
Per $ spent
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Details
| Product Name | Virgin Australia Velocity Flyer Card - Bonus Points Offer |
|---|---|
| Rewards program | Velocity Frequent Flyer |
| Balance transfer rate | 0% p.a. for 12 months with 1.5% balance transfer fee |
| Balance transfer revert rate | Cash Advance Rate (20.99% p.a.) |
| Balance transfer limit | 80% of available limit |
| Purchase rate | 20.74% p.a. |
| Annual fee | $64 annual fee for the first year ($129 p.a. thereafter) |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate | 20.99% p.a. |
| Min credit limit | $6,000 |
| Max credit limit | $100,000 |
| Card type | Visa |
| Foreign currency conversion fee | 3.3% |
| Minimum income | $35,000 |
|---|---|
| Available to temporary residents | No |
| Joint application | No |
Pros
- Up to 20,000 Velocity Points when you spend $1,500 each month for the first 2 months (up to 40,000 total points)
- Balance transfer offer of 0% p.a. for 12 months
- Receive complimentary Transit Accident Insurance
Cons
- Charges a one-time 1.5% balance transfer fee
- Spend requirement for total bonus points is tricky ($1,500 each month for the first 2 months)
- Velocity Points standard earn rate is relatively low
| Rewards program | Velocity Frequent Flyer |
|---|---|
| Bonus points | 40,000 |
| Rewards points per $ spent | 0.66 |
| Annual fee | $64 annual fee for the first year ($129 p.a. thereafter) |
|---|---|
| Minimum monthly repayment | 2% of the closing balance or $30, whichever is greater |
| Late payment fee | $10 |
| Foreign currency conversion fee | 3.3% |
| Cash advance fee | 2.7% or $2.70, whichever is greater |
| Overseas cash advance fee | $5 |
| Additional cardholder fee | $39 |
| Number of additional cardholders | 4 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
