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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
    4.4 (8)
  • Customer Service
    4.0 (8)
  • Rates and Fees
    3.6 (8)
  • Rewards
    4.4 (8)
  • Online Experience
    4.0 (8)
  • Application Process
    4.3 (8)
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

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.

Transparency
5/5
Customer Service
5/5
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.

Transparency
4/5
Customer Service
5/5
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

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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.

Transparency
4/5
Customer Service
4/5
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
TimSydney, NSW
  • 6 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

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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
Jones G
Jones GSydney, NSW
  • 6 reviews
  • 5 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.

Frequent Flyer & Travel Credit Cards

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

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merrilyn.tattersall
merrilyn.tattersallPortland, Victoria
  • 18 reviews
  • 18 likes

Great experience, thanks

published
Alex
AlexMelbourne, Victoria

5 years with this card, no problem

published

No dramas with this card at all. I've been using this card for 5 years now, never a problem. Now that you can change your pin, even better.
I tend to fly virgin when I do, as I find them reliable and they provide good customer service, so it was an easy choice to go with their frequent flyer scheme and their credit card gives more points rather than go through a bank (1 point per dollar, vs half point per dollar with one of the big banks)
I've already used some points, enjoyed the service.
Good frequent flyer scheme. At least you know it won't go broke (Qantas remind anyone)
No actual app. Big downside, consider all our big banks have an easy to use app

oldandnew
oldandnew
  • 2 reviews
  • 2 likes

Great benefits.

published

I applied for this card to be able to get Velocity points & also for the 2 for one flight deals available 4 times each membership year. have had my card 2 years now & have never had a problem with them & on the few occasions when I have called the service centre have found them to be helpful & polite as well as understanding. No hitches or complaints during the application process. I like the added online security. Interest free period is a little shorter than other institutions with payments falling due only about 15 days after statement date. Would also be an advantage to be able to choose my own PIN but not possible with this card.
Complimentary Flights.
Can't Choose Own PIN.

Frequent Flyer & Travel Credit Cards

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

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redwine
redwineAU
  • 6 reviews
  • 2 likes

Overall, a good credit card with good rewards

published

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