Virgin Australia Flyer Credit Card Bonus Points Offer
Last updated:
Travel sooner with a card that offers up to 70,000 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 70,000 bonus Velocity Points when you apply by 24 February 2020. That's 20,000 bonus points each month you spend $1,500 in the first 3 months (capped at 60,000) and an additional 10,000 points after your first year anniversary.
0% p.a.
Balance transfer rate
for 18 months
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 18 months |
| 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% of transaction value |
| 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 18 months, with no balance transfer fee
- Receive complimentary Transit Accident Insurance
Cons
- 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% of transaction value |
| 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 Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.
