Virgin Australia Flyer Credit Card Bonus Points Offer

Offers up to 100,000 bonus Velocity Points but you’ll have to spend $1,500 per month for the first 4 months to get them all.

The Virgin Australia Flyer Credit Card gives you a way to earn Velocity Points on your everyday spending and offers a yearly $129 Virgin Australia Gift Voucher. You'll only be paying half the annual fee for the first year, which reverts to $129 p.a.

If you’re after bonus points, this card offers up to 100,000 bonus Velocity Points when you apply by 31 October 2021. You’ll earn 25,000 bonus points for every month you spend $1,500 on eligible transactions in the first 4 months from card approval.

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Amy Bradney-George

Last Updated Apr 30, 2021

0% p.a.

Balance transfer rate

for 18 months

100,000

Bonus points

20.74% p.a.

Purchase rate

0.66

Reward points

Per $ spent

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Details

Product Name	Virgin Australia Velocity Flyer Card - Bonus Points Offer
Rewards program	Velocity Frequent Flyer
Balance transfer rate	0% p.a. for 18 months
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 100,000 bonus Velocity Points
$64 annual fee for the first year
Balance transfer offer of 0% p.a. for 18 months, with no BT fee
Receive complimentary Transit Accident Insurance

Cons

Spend requirement is staggered over the first 4 months
Velocity Points standard earn rate is relatively low

Rewards program	Velocity Frequent Flyer
Bonus points	100,000
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

Review by

Amy Bradney-George

amy.bradney-george@finder.com

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Virgin Australia Velocity Flyer Card gives you a choice of introductory offers, and a key focus is bonus points. If you earned the full 100,000 bonus Velocity Points on offer, you’d have enough for two return business class flights between Sydney and Hamilton Island (94,000 points plus fees and taxes) or $450 worth of Coles Group and Myer gift cards (98,100 points for four gift cards worth $100 and a card worth $50) – with points to spare.

For everyday shopping, you’ll earn 0.66 Velocity Points per $1, which drops to 0.5 points per $1 after you’ve spent $1,500 per statement period. If you spend more than this a month, you might want to consider a card with a higher spending threshold.

This card also charges $64 annual fee in the first year and offers a $129 Virgin Australia gift voucher each year. You can use it to pay for Virgin Australia flights or eligible holiday packages and, if you do, it will offset the $129 annual fee that applies after the first year.

How to apply

You can apply for the Virgin Australia Velocity Flyer Credit Card online. The application should only take 10 minutes to complete and you can expect a response within 60 seconds.

Before you get started, check that you meet the eligibility requirements and have the necessary information handy.

Eligibility criteria

Income. You must earn at least $35,000 a year.
Residency. Only permanent residents of Australia will be considered for this credit card offer.

New cardholders. Only new customers can access the bonus points offer.
Good history. You must have a good credit score and history. You can check your comprehensive credit report and score for free through Finder.
Age. You must be at least 18 years old.

Required documents

Personal details. Your full name, address and driver's licence number will be required.
Proof of identification. This includes your Australian driver's licence, passport or Medicare card.
Employment. You'll need to confirm your current employment, as well as your employer's name and contact details.
Income. You'll need to confirm your income with recent bank statements and payslips. You'll also need to detail any other income sources, including those derived from dividends.
Finances. This includes your living expenses as well as any other credit limits (or outstanding balances) of any other credit cards or loans.
Balance transfer. If you're conducting a balance transfer, you'll need to include the card or account number of any balances you wish to transfer.

Card benefits

Bonus points offer. Apply and get approved by 31 October 2021 and you will earn 25,000 bonus Velocity Points every month (total of 100,000 points) when you spend at least $1,500 worth of eligible transactions in the first 4 months from card approval.
First-year annual fee discount. Save with a $64 annual fee in the first year, reverting to $129 p.a. thereafter. This offer is available until 31 October 2021.

Balance transfer offer. Apply by 30 September 2021 and get 0% p.a. interest on your transferred balances for 18 months (with no balance transfer fee) following activation of your card. After the introductory period expires, any unpaid balances will then attract the cash advance rate. You can transfer up to 80% of your approved credit limit from non-Virgin or Citi accounts. Please note that you won't earn points on your balance transfer.
Earn Velocity Points. For the first $1,500 spent on eligible transactions, you'll earn 0.66 Velocity Points per $1 spent. An earn rate of 0.5 Velocity Points per $1 spent will apply thereafter.
$129 gift voucher each year. You can enjoy a $129 Virgin Australia Gift Voucher each year – that's your annual fee covered. You just have to use your card to make a retail purchase within 2 months before requesting your voucher to unlock your benefit. You can use this when booking Virgin Australia flights or selected Virgin Australia holiday packages anytime within the first 6 months from the voucher issue date.
Complimentary travel insurance. You can travel with peace of mind and save on travel costs with this feature. Transit accident insurance covers you in the event of an accidental injury or death while moving from one place to the next. You must use your credit card to purchase your overseas travel ticket to activate the insurance. Eligibility requirements, exclusions and terms and conditions apply.
Guaranteed Pricing Scheme. If you use your card to make a purchase and you see it advertised elsewhere for a price difference greater than $75 within 60 days, you'll be refunded the difference up to $500.
Mobile wallets. You can link your account to Samsung Pay and use your eligible device to make contactless payments.
Security. Your account is protected by Fraudshield and Visa's Zero Liability policy. This means you'll be alerted if any suspicious activity is monitored on your account and you won't be liable if any fraudulent transactions are made with your card.

Rates & fees

Annual fee. Outside of any promotions, this card charges a $129 annual fee. Any additional cards linked to the account will each be charged $39.
Purchase interest rate. Your purchases will collect the 20.74% p.a. interest rate.

Cash advance interest rate. If you use your card to make a cash advance, such as an ATM withdrawal, you'll be charged a 20.99% p.a. interest rate.
Foreign exchange fee. If you use your card to make a foreign transaction overseas or when shopping online with an international merchant, you'll be charged a fee equal to 3.3% of the transaction. Fees charged will be reflected as a single amount on your credit card statement.
Minimum credit limit. The credit limit for this card starts at $6,000, but can go as high as $100,000 depending on your income and credit history.
Interest-free days. You can save with up to 55 days interest-free on purchases provided that you pay your balance in full by the due date on each statement. Please note that you are not eligible for interest-free days while you are carrying debt from a balance transfer.

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42 Comments

Cyrus
January 7, 2020

hi, what is the eligible transactions for the bonus point ?

Nikki
January 8, 2020

Hi Cyrus,

Thanks for your comment and I hope you are doing well.

Eligible Transaction for this card means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travelers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government-related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). Check the Rewards Program for High Flyer and Flyer Terms and Conditions for full details and definition on the Virgin website.

Hope this helps and feel free to reach out to us again for further assistance.

Best,
Nikki

Andy
September 17, 2019

Hi there,

Just wondering what they classify as new customer. I was with them 15 months ago, am I eligable?

Nikki
September 18, 2019

Hi Andy,

Thanks for your message.

To be eligible for the Virgin Australia Flyer CC Bonus Points offer, you must not have an existing Virgin Money Credit Card (including upgrades). If you are still looking for credit cards with bonus points offers, you can refer to our list of frequent flyer credit cards. Our comparison table will allow you to compare the features and benefits of each credit card such as bonus points, points per spend, interest rates, and annual fees. This way it will be easier for you to see which provider fits you best. You can also click the compare box beside each loan option and compare up to 4 options side by side for easier comparison.
If you need further help, a quick guide on how to compare credit cards is also stated on the page.

As a friendly reminder, check the eligibility requirements of the card before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.

Hope this helps!

Best,
Nikki

Erin
July 30, 2019

Hello,

Are there any costs incurred when utilizing the balance transfer option as well as using the credit card for everyday transactions (groceries, petrol, coffee, etc)? Or is this card best used as just for a balance transfer, or only as an everyday card.

Thanks,
Erin

finder Customer Care

Jeni
July 31, 2019

Hi Erin,

Thank you for getting in touch with Finder.

While you can use a balance transfer credit card for purchases, you’ll probably be charged interest on any new transactions. This is because the promotional 0% interest rate applies to the debt you’ve transferred to the card and not to new purchases. As per this card’s official page, you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable ongoing purchase rate. Velocity Points are not issued on balance transfers. This card offers no balance transfer fee when doing a balance transfer. It depends on you if you wish to use this card for balance transfer only or for everyday spend only but not ideal on using both at the same time.

I hope this helps.

Thank you and have a wonderful day!

Cheers,
Jeni

Harry
July 2, 2019

Can I get this card if I haven’t held it for 12 months or can I have never held it?

finder Customer Care

Jeni
July 3, 2019

Hi Harry,

Thank you for getting in touch with Finder.

Yes, you may apply for this card as a new customer. Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

I hope this helps.

Thank you and have a wonderful day!

Cheers,
Jeni

Ian
June 10, 2019

What are eligible transactions?

finder Customer Care

Jhez
June 10, 2019

Hello Ian,

Thank you for your comment.

According to Virgin Money, eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs).

Regards,
Jhezelyn

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