Virgin Australia Velocity High Flyer Card – Rates and Fees

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Fly high with 80,000 introductory bonus points, exclusive flight benefits and a low rate balance transfer offer from Virgin Australia.

The promotional offer for the Virgin Australia Velocity High Flyer card gives you three good reasons to consider this rewards card. Earn up to 80,000 bonus points by meeting certain spending conditions, plus transfer your balances and receive a discounted interest rate for up to a year. This means you not only get opportunities to save money, you get a big push towards your reward dream.

Product NameVirgin Australia Velocity High Flyer Card - 80k Bonus Points offer
Rewards ProgramVelocity Frequent Flyer
Balance transfer rate (p.a.)0% p.a. for 15 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (20.99% p.a.)
Balance Transfer Limit80% of available credit limit
Purchase rate (p.a.)20.74% p.a.
Offer end date2 September 2018
Annual fee$289 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 44 days on purchases
Cash advance rate (p.a.)20.99% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
Card TypeVisa
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3.3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$75,000
Minimum Age18 years of age
Available To Temporary ResidentsNo
Joint ApplicationNo
Annual fee$289 p.a.
Minimum Monthly Repayment2% or $30 (whichever is greater)
Late Payment Fee$10
Cash Advance Fee$2.70 per transaction on cash advance <$100; 2.7% of the transaction amount for $100 & over
Overseas Cash Advance Fee$5
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$89
Number of Additional Cardholders4


  • Enjoy up to 80,000 bonus Velocity Points when you meet the spend requirement.
  • Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
  • The balance transfer offer of 0% p.a. interest charged for 15 months is competitive for a credit card in the platinum range.
  • You are eligible for up to 4 additional cardholders on this account.


  • This card has a high additional cardholder fee of $89 p.a.
  • There is no difference in interest charged when you withdraw money from the ATM and when you use your card to make a purchase.
Rewards ProgramVelocity Frequent Flyer
Bonus Points80,000 bonus points
Rewards Points per $ spent (VISA/MC)1
Rewards Points per $ (VISA/MC) Cap8,000

Virgin Australia Velocity High Flyer Card review

A credit card offer from Virgin Money, this card allows you to earn Velocity Points with your purchases. This is an uncapped points rewards program where 1 point gets into your account each time you charge one dollar. You can also increase your point earning power by shopping with over 200 Velocity partners through their e-store. Once you have accumulated enough points, you can use them towards reduced flights, other travel expenses or on products found in the Velocity Rewards Store.

You get other benefits with the High Flyer Card as well, such as an array of insurance covers, a competitive interest rate on purchases and an offer to reduce your credit card debt with a low rate balance transfer. Read the details carefully, and compare them to other cards to see which gives you the most value for your spending habits.

Benefits of using a Virgin Australia Velocity High Flyer card

Unique benefits to the Virgin Australia Velocity High Flyer card make it a rewards card that is worth taking a closer look at:

  • Rewards program. The Velocity Frequent Flyer program is an award winning system that allows you to earn points when shopping with their many partners. Not only are points good towards airfare, you earn points when you fly, use their car hire partners or stay at one of their recommended hotels. Redeeming points is easy too, whether you want to put them towards your holiday airfare expenses or shop for merchandise at the Velocity Store. You'll earn 3 Velocity Points per $1 on transactions with Virgin Australia. Other standard eligible purchases will earn 1 Velocity Point per $1 up to $8,000 per month and then 0.5 Points for every $1 spent thereafter.
  • Bonus points. Once your card has been activated, you will receive 80,000 bonus points if you make a purchase in the first three months. Spend $3,000 on the card during that time and you will get an additional 10,000 points.
  • Complimentary insurance. Insurance is provided for your travel plans, including Complimentary International Travel Insurance for you, your spouse and children and when you use the card to pay for your overseas flights. You are also covered in the event of an accident while abroad with Transit Accident Insurance. Your purchased goods are also covered if stolen, lost or broken, plus you get the advantage of a Guaranteed Pricing Scheme which will pay you the difference if you find an item you recently purchased being offered for less than what you spent.
  • Interest free days. You will get 44 interest free days on your purchases. Just ensure that you are able to pay the balance in full when your statement arrives.
  • Fly with a friend with Exclusive Flight Benefits. Make an eligible purchase on your card within two months before requesting your voucher to unlock your benefit and you'll receive an exclusive $129 Virgin Australia Gift Voucher each year. You may use your voucher for booking your Virgin Australia flights or selected Virgin Australia holiday packages anytime within the first 6 months from voucher issue date. You’ll also be able to enjoy two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
  • Balance transfer. You can consolidate your other credit card balances to this one and pay only 0% p.a. per annum (p.a.) interest for 15 months. Any unpaid balance left at the end of that year will be subject to the cash advance rate of 20.99% p.a.

Features of the Virgin Australia Velocity High Flyer card

When you are looking at the details for the Virgin Australia Velocity High Flyer card, don’t forget to check the following features against other rewards cards:

  • Annual fee. This card attracts an annual fee of $289.
  • Additional cards. You will pay $89 for each card added to the account for family members to use. This rate is also reduced to $44, but only for the first year.
  • Minimum credit limit. Depending on your income, the credit limit begins at $15,000.
  • Purchase interest rate. Purchases made are charged at 20.74% p.a.
  • Cash advance interest rate. If you use the card to obtain cash, that balance will be charged an interest rate of 20.99% p.a.
  • Cash advance fee. There is also a fee of $2.70 per transaction on cash advance <$100; 2.7% of the transaction amount for $100 & over for each cash advance transaction. You are also limited to withdrawing only $1,000 per day.
  • Card type. This is a Visa credit card, allowing you to make purchases at millions of locations around the world.
  • Foreign currency exchange fee. Purchases made that require a currency exchange are charged 3.3% of the Australian dollar value.

How to apply for the Virgin Australia Velocity High Flyer card

If the benefits and features of the Virgin Australia Velocity High Flyer card are just what you are looking for, you can apply online. There are some eligibility requirements with this card that you should make sure you meet first.

Eligibility criteria

  • Only applicants over the age of 18 will be approved for this card.
  • Your annual income has to be at least $75,000.
  • This offer is only available for Australian residents.
  • You will need to have a good credit rating with no recent declines for credit.

Required documents

  • Your current income along with your monthly living expenses.
  • The outstanding balances and credit limits on any open credit accounts.
  • If you are not already an Velocity Frequent Flyer club member you can sign up for free at the time of application.
  • If you plan on taking advantage of the balance transfer offer, have the account numbers, institution name and amount ready.

Virgin Australia gives you a lot to think about if you are looking for a complete credit card with travel benefits. As a part of an award winning Frequent Flyer program, this card can really take you places.

Frequently asked questions

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39 Responses

  1. Default Gravatar
    May 29, 2017

    Is there an age limit for international travel insurance cover?

  2. Default Gravatar
    AlanNovember 4, 2014

    We are retired (63 & 66) with moderate annual income ($75K) from pensions dividends and the like, but have over $2M in bank, property over 1.2M, etc. I am unwilling to go yo the effort of providing sourced documentation (too much hassle), but would willing to provide bank statements that account for income from above sources and term deposit statements substantiating balances.

    Iam only applying as my current program caps my velocity points and we spend over $9000/mo on our bank MC. You can direct debit my account for charges each month, but if you require too much original documentation I will have to bail out – too lazy.

    Let me know in detail the minimum you will need. Don’t be vague – be specific.

    Yours truly,
    Alan & Sheryl

    Re: “High Flyer Card” only

    • Default Gravatar
      November 4, 2014

      You did not answer my question as to whether I could provide bank statements in lieu of documentation from the source of the income. For example, it would take months to get the US Social Security Admin. to send confirmation of my wife’s and my pension. The same goes for my US based pension, but both can be proven via bank statements.

      Secondly, you have not addressed my cash deposits of over $2,000,000. Probably, this balance is greater than 90% of your approved applicants for this card.

      You are using bog standard responses and must think a little “outside the box.”

      Please advise. Alan

    • finder Customer Care
      ElizabethNovember 5, 2014Staff

      Hi Alan,

      As I mentioned, we don’t handle the applications ourselves so there’s only so much I can comment on regarding the documents you’ll be able to provide to prove your income. If your bank statements show your income then they may be sufficient evidence for Virgin Australia, but you may want to confirm this directly with them before you start your application.

      As you meet the minimum annual income the cash deposits will not need to be shown in your application.



    • finder Customer Care
      ElizabethNovember 4, 2014Staff

      Hi Alan,

      Thanks for your question.

      You can apply by clicking on the ‘go to site’ button on this page, but we can’t process these applications. Judging on what you’ve said you meet the minimum income ($75,000 p.a.) but you need to be able to provide Virgin Australia with the documentation to prove this, along with your other financial information.

      The required documentation is listed on this page under ‘How to apply’, and if you have any questions regarding your individual situation you may want to get in contact with Virgin Australia directly.

      I hope this has helped.



  3. Default Gravatar
    BrendanSeptember 2, 2014


    We live in Tasmania and fly interstate for business a lot.
    Is there a card option that will allow us to make business purchases (without personal spend)and earn points that can be used when travelling?

    • finder Customer Care
      ShirleySeptember 3, 2014Staff

      Hi Brendan,

      Thanks for your question.

      Please see this page for a comparison of business credit cards. The ones that are linked to a rewards system allow you to earn points on your purchases. If you’d like to redeem them for travelling, you may want to opt for a business credit card that is linked to a frequent flyer program.

      All the best,

    • Default Gravatar
      BrendanSeptember 3, 2014

      Thanks for the reply. Will investigate further.

  4. Default Gravatar
    JasonAugust 9, 2014

    Hi, my high velocity card is on its way and I plan to Bpay my children’s school fees. Will this purchase count toward my 40000 bonus velocity points.

    • finder Customer Care
      ShirleyAugust 11, 2014Staff

      Hi Jason,

      Yes this purchase will be counted towards your bonus points.

      The following is a list of excluded transactions: “Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign currency and travellers cheques, interest charges, government charges, insurance charges, payments to loan accounts, purchases in excess of limits on the Account, transactions made in operating a business and if the Account is more than $10,000 in credit only, all other transactions.”


  5. Default Gravatar
    TakiJuly 30, 2014

    Uncapped how do you determine if its business related

    • finder Customer Care
      ShirleyAugust 1, 2014Staff

      Hi Taki,

      Thanks for your question.

      As this is a personal card, it must be used for 51% personal use. In other words, not buying office supplies for your business or paying business bills.
      If it is found that the card is being used for more than 49% business you will not earn points for any spend on the card.


  6. Default Gravatar
    JuneJuly 24, 2014

    Does theVelocity High Flyer credit card cover hire car excess?

    • finder Customer Care
      ShirleyJuly 24, 2014Staff

      Hi June,

      Thanks for your question.

      The travel insurance includes rental vehicle excess cover. In the PDS it states that, “We will reimburse you for any insurance excess or deductible which you become legally liable to pay in respect of a claim made under the rental vehicle comprehensive insurance policy during the rental period provided:
      • the rental vehicle must be rented from a licensed rental agency; and
      • the hiring agreement must incorporate the standard comprehensive insurance normally provided by the rental agency covering loss or damage to the rental vehicle; and
      • you have complied with all requirements of the rental organisation under the hiring agreement and of the rental vehicle insurer.

      But we will not pay for…
      We will not pay for your costs arising from:
      • loss or damage resulting from the operation of the rental vehicle in violation
      of the terms of the rental agreement; or 38
      • wear and tear, gradual deterioration, damage from insects or vermin,
      inherent vice or damage”.


  7. Default Gravatar
    PeterApril 10, 2014

    With the velocity High Flyer card can I pay my council rates on the card and earn the 1.25 points?

    • finder Customer Care
      JacobApril 11, 2014Staff

      Hi, Peter.

      The terms and conditions of this product online that points are earned on retail purchases, ‘excluding (but not limited to) Transactions by way of Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign currency and travellers cheques, interest charges, government charges, insurance charges, payments to loan accounts, purchases in excess of limits on the Account, transactions made in operating a business and if the Account is more than $10,000 in credit only, all other transactions.’

      Thanks for your question.

  8. Default Gravatar
    WillJuly 5, 2013

    My car repayments can be made via B-Pay payments, if I pay these on my Virgin card will these be seen as a purchase or a cash advance.

    • finder Customer Care
      JacobJuly 5, 2013Staff

      Hi Will. Thanks for your question. It’s always a good idea to check with the merchant first; however, if the biller is set up to accept BPAY payments then the transaction will be treated as a purchase. Jacob.

  9. Default Gravatar
    March 8, 2013

    What are the restrictions with the four free flights per annum with the Virgin Australia Velocity High Flyer Card?
    Jeff Merrigan

  10. Default Gravatar
    SarahDecember 17, 2012

    My partner and I both have existing velocity membership. If we get 2 cards (additional cardholder) can we each earn points or does it only go to the primary card holder?

    • finder Customer Care
      JacobDecember 17, 2012Staff

      Hi Sarah. Thanks for your question. If you have a primary cardholder and an additional cardholder both cards will earn points for the one Velocity account that is registered to the card. Cheers.

Credit Cards Comparison

Rates last updated July 21st, 2018
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American Express Westpac Altitude Platinum Bundle - Exclusive Offer
20.24% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
$0 first year annual fee & up to 90,000 bonus Altitude Pts when you meet T&C with this Visa (issued by Westpac) & Amex (issued & serviced by Amex).
NAB Low Fee Platinum Card - Exclusive Amazon Offer
19.74% p.a.
0% p.a. for 24 months with 2% balance transfer fee
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finder Exclusive: 10% cashback with for 12 months (capped at $25 per month). Plus, 0% p.a. on balance transfers for 24 months.
Qantas Premier Everyday
19.99% p.a.
4.9% p.a. for 24 months
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Take advantage of up to 40,000 bonus Qantas Points, a $0 first year annual fee plus complimentary overseas travel insurance.

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