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Virgin Australia Velocity Flyer

Virgin Australia Velocity Flyer

1.9 from 76 reviews · View Statistics
See the Best Frequent Flyer & Travel Credit Cards in 2022 as rated by Australians on ProductReview.com.au.
Listing monitored by Virgin Money

Pros

Multiple Promotional Offers to choose from (see Details below)
$129 Virgin Australia Gift Voucher each year
Earn Velocity Points at a rate of 0.66 points per $1 spent up to $1,500 per statement period

Cons

3.3% International Transaction Fee
Earn Rate drops to 0.5 points per $1 spent after the first $1,500 per statement period

Details · 

CategoryFrequent Flyer & Travel Credit Cards, Balance Transfer Credit Cards and Rewards Credit Cards
Card TypeVisa
BenefitsReduced First Year Annual Fee, Sign-Up Bonus Points Offer and Travel Credit
Minimum Credit Limit $6,000.00
Maximum Credit Limit $50,000.00
Minimum Income $35,000.00
Additional Cardholders 4
Additional Cardholder Fee $39.00 p.a.
Minimum Repayments2%
Rewards ProgramVelocity Frequent Flyer
Points Earn Rate 0.66 points per $1
Points Conditions
  • 0.66 points per $1 for the first $1500 of spend in each statement period,
  • 0.5 points per $1 after $1500 of spend in each statement period.
Contactless PaymentsSamsung Pay
Rates & Fees
Purchase Rate20.74% p.a.
Cash Advance Fee2.7%
Late Payment Fee$30.00
Annual Fee$129.00 p.a.
Foreign Transaction Fee 3.3%
Overseas ATM Withdrawal Fee$5.00
Interest Free Period 44 days
Cash Advance Rate20.99% p.a.
Introductory Offers
Sign-Up Bonus

Earn up to 100,000 bonus Velocity Points (25,000 points each month when you spend $1,500 or more in the first 4 months)

Introductory Rate 0% p.a. for up to 14 months on purchases.
Introductory Offers

Choose from one of the following sign-up offers:

  • 0% p.a. for 26 months on balance transfers & half the annual fee in your first year, $129 thereafter
  • 0% p.a. for up to 14 months on purchases, 0% p.a. for 6 months on balance transfers & half the annual fee in your first year, $129 thereafter
  • Earn up to 100,000 bonus Velocity Points (receive 25,000 points for each month you spend $1,500 or more on eligible transactions in the first 4 months from card approval) plus, half the annual fee in your first year, $129 thereafter
Reduced First Year Annual Fee $64.50
Balance Transfer Rates
Balance Transfer Period 26 months
Balance Transfer Rate 0% p.a.
Balance Transfer Fee 0%
Release date
Visit official website
  • FAIR_COMPARISON: 6390

Reviews

  • Transparency
    3.2 (10)
  • Customer Service
    3.6 (10)
  • Rates and Fees
    3.3 (10)
  • Rewards
    3.3 (10)
  • Online Experience
    3.4 (10)
  • Application Process
    3.8 (10)
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Jack H.
Jack H.
  • 9 reviews
  • Verified

Good bonus points but much better Velocity earning cards out there

published

Bonus points offered was 20,000 points each month for first 3 months which is awesome. However the card has a capped earn rate for the top rate, then reduces for subsequent spends, which is not great. Limited insurances offered with the card as well.

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Denny
Denny
  • 5 reviews
  • 1 like

Nice card to collect Velocity Points

published

This credit card gives you a good Velocity Point for every dollar you spend. You can just link your Velocity number and the points will be transferred to your Velocity membership each month. Very nice and easy! I signed up when there was a promotion to get bonus Velocity Points if I spent more than $1500, and also I got $129 credit to spend with Virgin Australia and I only need to pay $64 annual fee. I haven't used this card overseas or to do balance transfer so I cannot comment on that but I use it for my daily spend as a quick way to accumulate Velocity Points.

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Apply when bonus is on offer

published

Got this card as a standby for an upcoming overseas trip. The overseas fees are somewhat high compared to other cards. As this is a back up card only I thought that the sign up bonus points made the application worth it.

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Moh A.
Moh A.Sydney, NSW
  • 12 reviews

Virgin money

published

Generally its handy to use it overseas however fees are high
Transfer money to card I found it hard
I enjoyed the 14 months interest free period
But very hard to accumulate points

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Frequent Flyer & Travel Credit Cards

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Nick
NickPerth, WA
  • 8 reviews
  • 7 likes

Good for the sign-on bonus, not much else

published

The card is pretty basic, but the current offer for bonus points is pretty decent for the reduced annual fee in the first year. The application process was pretty quick and I received the card not long after.
The card I received is suppose to have paywave, but it doesn't work, the terminal won't even register it so I have to insert the chip every time.
It doesn't work with Apple or Google Pay, which sucks.
The Virgin Money website and app are very underwhelming.
In a nutshell, it's a throwaway card that I wouldn't bother keeping past the first year.

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bloomer
bloomerGreater Melbourne (Metropolitan), VIC
  • 12 reviews
  • 3 likes
  • Verified

Can be useful, but not a card to keep

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Dev
DevGreater Melbourne (Metropolitan), VIC
  • 5 reviews

Perfect

published

I haven't use my card overseas yet. Its easy to transfer my balance to this card. I am quite satisfied with the rewards. It is simple easy to accumulate points and simple to redeem them.

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Michael
Michael
  • 2 reviews

So so

published

I went for the bonus points promotion which was my main focus. They also provided a flight voucher (domestic). The points you gain afterwards are not really comparable but a bonus.

  • Application Process
  • Card Start DateJune 2017
  • Card / Account Used For
    • Overseas/Travel
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The reviewer stated that an incentive was offered for this review

Ross W
Ross WPerth, WA

New features are growing on me

published

This is a great card in general, offering lounge passes, and Virgin flight credit ($149). I preferred the old system of a flight redemption.
Never had a problem using it, and the Virgin Money app helps track usage and bills.
The frequent flyer reward points per dollar are on par with more expensive (annual fee) cards, and are linked directly to your Velocity account. Likewise the lounge passes are linked directly to your Velocity account, so easy to claim at the airport lounge door.
Only downside is the flight credit needs to be ordered in advance, and is issued as a gift card. So great if you know you are travelling in the next 6 months, but not so great if you notice a sale fare come up and want to grab it quickly.

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rowdy1961
rowdy1961AU
  • 7 reviews
  • 1 like

Velocity has proven to be a big disappointment

published

Have travelled a lot with virgin Australia. Status points on domestic flights are very limited making them useless. 2 lounge passes are only valid for the domestic lounge, which is useless if you travel mostly international.
Often is difficult to know what rewards will be received as they are NEVER DISCLOSED until after flight..They should be shown as part of the booking.
Velocity do not reward virgin passengers as they should. Seems to be more oriented towards shopping then air travel rewards..I have found them somewhat difficult to deal with..

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Luckyone
LuckyoneMelbourne
  • 11 reviews
  • 10 likes

Better points than Qantas

published

I prefer this card than the qantas FF credit card as you earn points quicker and there are less points requred to redeem for flights on velocity compared to Qantas FF. Also Qantas charges very high airport taxes and fees on their award flights compared to Virgin.

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Jones G
Jones GSydney, NSW
  • 6 reviews
  • 6 likes

Application and customer service fine

published

I have had this card for over 3 years the initial application process was normal with around a 10 day turn around time. In the entire time have had to call maybe 3 or 4 times and each time was fine issue was resolved quickly.

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Frequent Flyer & Travel Credit Cards

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eastwest101
eastwest101Townsville
  • 15 reviews
  • 9 likes

An OK Visa card for Velocity earn

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Disappointed with the 2-4-1 ticket deal review

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stevieandgnomes
stevieandgnomesAU
  • 4 reviews
  • 1 like

Application process is a nightmare!

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Extra Information

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