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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.
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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Product Name | Virgin Australia Velocity Flyer Card - Bonus Points Offer |
---|---|
Rewards program | Velocity Frequent Flyer |
Balance transfer rate p.a. | 0% for 18 months |
Balance transfer revert rate | Cash Advance Rate (20.99% p.a.) |
Balance transfer limit | 80% of available limit |
Purchase rate p.a. | 20.74% |
Annual fee | $64 for the first year ($129 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 |
Rewards program | Velocity Frequent Flyer |
---|---|
Bonus points | 100,000 |
Rewards points per $ spent | 0.66 |
Annual fee | $64 for the first year ($129 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 has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.
January 7, 2020
hi, what is the eligible transactions for the bonus point ?
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
September 17, 2019
Hi there,
Just wondering what they classify as new customer. I was with them 15 months ago, am I eligable?
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
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
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
July 2, 2019
Can I get this card if I haven’t held it for 12 months or can I have never held it?
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
June 10, 2019
What are eligible transactions?
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