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Earn 60,000 bonus Velocity Points (30,000 points when you spend $1,500 in each of the first 2 months from card approval)

Virgin Australia Velocity Flyer Card (Points Offer)

Balance transfer

0% for 12 months

Purchase rate

20.74%

Annual fee

$74 1st year

Earn up to 60,000 bonus Velocity Points16 (30,000 points for each month you spend $1,500 or more on eligible purchases in the first 2 months from card approval). 0% p.a. for 12 months on balance transfers. Reverts to cash advance rate. $74 annual fee for the first year, and $149 after that.

HIGHLIGHTS

This is a fantastic card for anyone looking to take advantage of its lengthy interest free period on balance transfers to pay down debt while also steadily earning Velocity points. 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.

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	$74 $149	1st year per year
Monthly fee	-	-

MORE INFORMATION

Don't forget that the interest free days are not valid if you’re on a balance transfer, which means the standard 20.74% purchase rate applies. If you aren’t transferring your balance, you can enjoy up to 55 days interest free on retail purchases.

Virgin Money Velocity Flyer Card and Points Offer features and benefits:

$74 annual fee for the first year, then $149
0% balance transfer rate for up to 12 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
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
Earn 1 extra Velocity Point for every $1 spent directly with Virgin Australia.
Enjoy a $129 Virgin Australia gift voucher each year.
$6,000 - $100000 credit limit.

TERMS & CONDITIONS

Up to 60,000 bonus Velocity Points offer is available to new and approved Virgin Australia Velocity Flyer Card account holders. 30,000 bonus Velocity Points will be awarded for each month $1,500 or more is spent on eligible purchases for the first 2 months from account approval. The first month begins on the date your account is approved.All interest rates shown are variable. This information is correct at 15 May 2024. You must be at least 18 years of age to apply for a credit card. If you are a permanent resident you must earn at least $35,000 for the Virgin Australia Velocity Flyer Card. All offers are non-transferrable, not redeemable for cash, and subject to change or withdrawal without notice at the discretion of Virgin Money. Velocity membership Terms and Conditions, apply. Velocity Points are earned on Eligible Transactions only.

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