Compare the Best Credit Cards In 60 Seconds

Credit Cards

GO TO SITE

Virgin Australia

0% p.a. interest on balance transfers for 12 months

Virgin Australia Velocity Flyer Card (Balance Transfer Offer)

Balance transfer

0% for 28 months

Purchase rate

20.74%

Annual fee

$64 1st year

Earn 0.66 Velocity points per $1 spent on eligible transactions (up to $1,500 each statement period) and 0.5 points per $1 thereafter).

HIGHLIGHTS

Virgin Australia Velocity Flyer Card may be suited for anyone looking to take advantage of lengthy interest free periods on purchases and balance transfers to pay down debt. It offers a steady way to accrue Velocity points but misses out on the added bonuses of the Velocity Flyer Points Offer Card.

This card comes with a 0% p.a. balance transfer offer for 28 months (then 20.99% p.a. after), plus you'll also get a $129 Virgin Australia Gift Card each year.

Main features

Rate type

Rate %

Duration

Purchases

20.74% p.a.

Fees

Fee type	Fee %	Min fee $
Cash advances	2.7%	$2.7

Fixed Fees

Fixed fees	Fee $	Fee amount
Annual fee Thereafter	$64 $129	1st year per year
Monthly fee	-	-

MORE INFORMATION

It’s important to note that interest on balance transfers reverts to the cash advance rate of 20.99% P.A after the initial 14-month period. An interest rate of 20.74% P.A also applies to purchases after this period.

Virgin Money Velocity Flyer Card Purchase and Balance Transfer features and benefits:

$129 annual fee
0% balance transfer rate for the first 28 months (then reverts to the cash advance rate of 20.99%)
Up to 55 days interest free on retail purchases
20.74% P.A standard interest rate thereafter
20.99% P.A cash advance rate
Earn 0.66 Velocity points per $1 spent on eligible transactions, up to $1,500 each statement period
0.5 points per $1 spent thereafter
$6,000 minimum credit limit.

TERMS & CONDITIONS

Your total balance transfers may not exceed 80% of your credit limit. The balance transfer interest rate applies to balances transferred with this offer for the period shown, from the date the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances, currently 20.99% p.a. on the Virgin Australia Velocity Flyer Card, Virgin Australia Velocity High Flyer Card and Virgin Money No Annual Fee Card, and 21.69% p.a. for the Virgin Money Low Rate Card. Interest rates are variable and subject to change. This information is correct at 1 August 2023. Please note that unless advertised otherwise, 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. If we approve your credit card application, the Balance Transfer offer will be available for up to 90 days from the date your application is approved. Velocity Points are not issued on balance transfers.

Compare Club Australia Pty Ltd (CCA) is a corporate authorised representative (AFS Representative number 001279036) of Alternative Media Pty Ltd (AFS License number 486326). CCA is a credit rep (Credit Representative Number 519886) of Alternative Media Pty Ltd (ACL Number 486326). The financial products compared on this website do not necessarily compare all features and products in the market that may be relevant to you.

Comparisons are made on the basis of price only and different products may have different features and different levels of coverage. Not all products are available to all customers. Information found on the Compare Club website is for general purposes only. Before using our website, you must review our Terms of Use, the Privacy Policy, Financial Services Guide (Life Insurance Products), Financial Services Guide (General Insurance) and Credit Guide (Home Loans).

While we endeavour to provide information that is accurate and up to date, we make no warranties or representations about the accuracy, completeness, reliability or suitability of the information, graphics, products or services offered or contained on the website. Therefore, any reliance placed on the information provided on the CompareClub website is at the user's own risk. When reviewing offers from external websites or companies, please review their terms and conditions. We have no control over these companies, their offers, website content, products/services, or the availability and nature of their products/services. Links found on the CompareClub website do not necessarily imply an endorsement or recommendation of the information or views that are expressed by the external party.