Virgin Australia Velocity Flyer Card – 0% Purchase Rate Offer

This Velocity Frequent Flyer Credit Card currently offers 0% interest on purchases and balance transfers for 14 months – but watch out for the revert rates.

The Virgin Australia Velocity Flyer earns between 0.5 and 0.66 Velocity Points per $1 on eligible purchases and has a $129 annual fee. It also offers a yearly $129 Virgin Australia gift voucher that could help you justify this cost.

0% p.a.

Balance transfer rate

for 14 months

0% p.a.

Purchase rate

for the first 14 months (reverts to 20.74% p.a.)


Reward points

Per $ spent

$129 p.a.

Annual fee

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Product NameVirgin Australia Velocity Flyer Card - 0% Interest Offer
Rewards programVelocity Frequent Flyer
Balance transfer rate0% p.a. for 14 months
Balance transfer revert rateCash Advance Rate (20.99% p.a.)
Balance transfer limit80% of available limit
Purchase rate0% p.a. for 14 months, reverts to 20.74% p.a.
Annual fee$129
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


  • 0% p.a. interest on purchases for 14 months
  • Balance transfer offer of 0% p.a. for 14 months with no BT fee
  • Earn 0.66 points per $1 spent on the first $1,500 per statement period and 0.5 points per $1 spent thereafter (uncapped).


  • Relatively high purchase rate of 20.74% p.a. applies after the promotional period
  • Charges a 3.3% foreign transaction fee
Rewards programVelocity Frequent Flyer
Bonus pointsN/A
Rewards points per $ spent0.66
Annual fee$129
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3.3%
Cash advance fee2.7% or $2.70, whichever is greater
Overseas cash advance fee5%
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 way to earn points on your everyday spending and boasts a competitive 0% purchase rate and balance transfer offer when you apply by 31 January 2022. Just make sure you factor in the revert rates, as interest could quickly add up if you have a balance after the first 14 months. Also keep in mind that the $129 annual fee is charged when you first get the card, then each year on the anniversary of your account opening.

How to apply

You can apply for the Virgin Australia Velocity Flyer Card online in 10 minutes and receive a response within 60 seconds. Before you get started, make sure that you meet the eligibility criteria and have the necessary details to complete the application.

Eligibility criteria

  • Eligible balance transfer debt. You can transfer from $500 up to 80% of your available credit limit from Australian accounts not issued by Citigroup; this includes credit cards, store cards, personal loans and lines of credit.
  • Income. You must earn at least $35,000 per year.

Card benefits

  • Purchase rate offer. Apply and get approved by 31 January 2022 and you'll pay 0% p.a. interest on purchases for the first 14 months. Any remaining balance attracts the variable purchase rate of 20.74% p.a. thereafter.
  • Balance transfer. Pay no interest on your transferred balances for 14 months if you apply and get approved by 31 January 2022. After the introductory period expires, any remaining balance attracts interest at the variable cash advance rate, currently 20.99% p.a. Please note that you won't earn points on balance transfers and a balance transfer debt disqualifies you from interest-free days on new purchases.

Rates & fees

  • Annual fee. This card charges a $129 annual fee.
  • Additional cardholders. You can request additional cardholders to be linked to your account. A $39 annual fee applies for each card.
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