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.

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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 NameVirgin Australia Velocity Flyer Card - Bonus Points Offer
Rewards programVelocity Frequent Flyer
Balance transfer rate0% p.a. for 18 months
Balance transfer revert rateCash Advance Rate (20.99% p.a.)
Balance transfer limit80% of available limit
Purchase rate20.74% p.a.
Annual fee$64 annual fee for the first year ($129 p.a. thereafter)
Interest-free periodUp to 55 days on purchases
Cash advance rate20.99% p.a.
Min credit limit$6,000
Max credit limit$100,000
Card typeVisa
Foreign currency conversion fee3.3%
Minimum income$35,000
Available to temporary residentsNo
Joint applicationNo

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 programVelocity Frequent Flyer
Bonus points100,000
Rewards points per $ spent0.66
Annual fee$64 annual fee for the first year ($129 p.a. thereafter)
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$10
Foreign currency conversion fee3.3%
Cash advance fee2.7% or $2.70, whichever is greater
Overseas cash advance fee$5
Additional cardholder fee$39
Number of additional cardholders4

Review by


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.

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.

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.

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.

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42 Comments

    Default Gravatar
    Cyrus
    January 7, 2020

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

      Default Gravatar
      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

    Default Gravatar
    Andy
    September 17, 2019

    Hi there,

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

      Default Gravatar
      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

    Default Gravatar
    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

      Avatarfinder 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

    Default Gravatar
    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?

      Avatarfinder 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

    Default Gravatar
    Ian
    June 10, 2019

    What are eligible transactions?

      Avatarfinder 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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