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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 2021 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
Maximum Credit Limit $50,000
Minimum Income $35,000
Additional Cardholders 4
Additional Cardholder Fee $39 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
Annual Fee$129 p.a.
Foreign Transaction Fee 3.3%
Overseas ATM Withdrawal Fee$5
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 $65
Balance Transfer Rates
Balance Transfer Period 26 months
Balance Transfer Rate 0% p.a.
Balance Transfer Fee 0%
Release dateJuly 2010
Visit official website

Reviews

  • Transparency
    3.4 (12)
  • Customer Service
    3.3 (12)
  • Rates and Fees
    3.2 (12)
  • Rewards
    3.3 (12)
  • Online Experience
    3.2 (12)
  • Application Process
    3.8 (12)
Previous
Next
Joey
JoeyWheatbelt, WA

Must have

published

I have got this card since 2018. Works fine and the texture of the card is really nice. Mastercard is always a secure choice. I think that everybody should have this kind of card

Transparency
4/5
Customer Service
4/5
Similar opinion? Write a review on ProductReview.com.au!

The reviewer stated that an incentive was offered for this review

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.

Transparency
3/5
Customer Service
5/5

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.

Transparency
3/5
Customer Service
3/5
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

Transparency
3/5
Customer Service
4/5
Frequent Flyer & Travel Credit Cards

Find out how Virgin Australia Velocity Flyer compares to other Frequent Flyer & Travel Credit Cards

Know better, choose better.

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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.

Transparency
3/5
Customer Service
4/5
bloomer
bloomerGreater Melbourne (Metropolitan), VIC
  • 12 reviews
  • 3 likes
  • Verified

Can be useful, but not a card to keep

published
Transparency
3/5
Customer Service
2/5
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
4/5
Card Start DateJune 2017
Card / Account Used For
  • Overseas/Travel
Similar opinion? Write a review on ProductReview.com.au!

The reviewer stated that an incentive was offered for this review

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Next
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.

Transparency
3/5
Customer Service
2/5
ngupn10
ngupn10Darling Downs, QLD
  • 5 reviews
  • 1 like
  • Verified

Handy card but can be slow to accumulate points

published

I have been using this card now for close to 5 months, its a convenient way to earn points on everyday purchases. Although the it can be slow to accumulate the points (e.g. 0.66 points per $1 spent for 1st $1000, decreasing to 0.5 points thereafter). They do offer a nice incentive of a yearly $129 flight voucher which is a bonus

Transparency
4/5
Customer Service
4/5
Frequent Flyer & Travel Credit Cards

Find out how Virgin Australia Velocity Flyer compares to other Frequent Flyer & Travel Credit Cards

Know better, choose better.

Compare all
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..

Transparency
1/5
Customer Service
2/5
Cisco
CiscoSydney, NSW
  • 60 reviews
  • 26 likes
  • Verified

Have used as my main credit card for 8 years

published

The good: Velocity points rewarded, $129 Virgin Australia gift voucher each year (used to be 2 free domestic flight each year)
The not so good: Only 0.66 points per dollar spent on most goods and services. No complementary travel insurance and lounge access. $129 annual fee

I have had this card for more than 7 years but upgraded to the more rewarding High Flyer card. Was good while I had it.

Transparency
4/5
Customer Service
3/5
Tim_Sydney
Tim_SydneySydney, NSW
  • 8 reviews
  • Verified

One of the Highest VISA earn rates

published

I have been a customer of Virgin Money now for around 8 years. I find them easy to deal with whenever I need to call through to the call centres and the earn rate is much higher than any of the banks. They just launched a new app for Android and iPhone and it still has a way to go but at least you can access on the go now. $129 flight voucher included yearly too so it's a good value card! Works for me!

Transparency
5/5
Customer Service
4/5
Similar opinion? Write a review on ProductReview.com.au!

The reviewer stated that an incentive was offered for this review

Frequent Flyer & Travel Credit Cards

Find out how Virgin Australia Velocity Flyer compares to other Frequent Flyer & Travel Credit Cards

Know better, choose better.

Compare all
Markus
MarkusMetropolitan Adelaide, SA
  • 3 reviews

Works for me, but as with any credit card: pay it off at the end of the month!

published

it's a credit card, it works, interest rates are a shocker, points for your velocity account are great.
It's really only worth it if you a) spend a bit on it to justify the annual fee and b) if you pay it off at the end of the month, as otherwise you're hammered with high interest charges. Same old.
One thing to note: if you use the card for business and want to link it to Xero or the like, it's a nightmare. Which is why I only give it 4 stars. the bank feeds don't work half the time, which I have never had before. And the internet banking app is very basic. Plus it took them into 2019 to come up with an iphone app... go figure.

Transparency
5/5
Customer Service
3/5
merrilyn.tattersall
merrilyn.tattersallPortland, Victoria
  • 20 reviews
  • 19 likes

Great experience, thanks

published
eastwest101
eastwest101Townsville
  • 15 reviews
  • 9 likes

An OK Visa card for Velocity earn

published

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