Virgin Australia Flyer Credit Card Bonus Points Offer
Offer not currently available
Velocity Frequent Flyer has temporarily paused all redemptions and as such, applications for the Virgin Australia Velocity Flyer and High Flyer credit cards have been suspended as well. You can still apply for the No Annual Fee or Low Rate credit cards as they do not earn Velocity Points.
0% p.a.
Balance transfer rate
for 12 months with 1.5% balance transfer fee
70,000
Bonus points
20.74% p.a.
Purchase rate
0.66
Reward points
Per $ spent (Visa/Mastercard)
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 balance |
| Purchase rate (p.a.) | 20.74% p.a. |
| Annual fee | $64 p.a. annual fee for the first year ($129 p.a. thereafter) |
| Interest free period | 55 days |
| Cash advance rate (p.a.) | 20.99% p.a. |
| Min credit limit | $6,000 |
| Max credit limit | $100,000 |
| Card type | Visa |
| Foreign currency conversion fee (Visa/Mastercard) | 3.3% |
| Complimentary travel insurance | No |
| Minimum Income | $35,000 |
|---|---|
| Minimum age | 18 years of age |
| Available to temporary residents | No |
| Joint application | No |
Pros
- Earn 20,000 Velocity Points when you spend $1,500 each month for the first 3 months, plus 10,000 extra points after your first anniversary (up to 70,000 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 3 months)
- Velocity Points standard earn rate is relatively low
| Rewards program | Velocity Frequent Flyer |
|---|---|
| Bonus Points | 70,000 bonus points |
| Rewards Points per $ spent (Visa/Mastercard) | 0.66 |
| Annual fee | $64 p.a. 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 (Visa/Mastercard) | 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, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
