Virgin Australia Velocity Flyer Credit Card

On website

Virgin Australia Velocity Flyer Credit Card

Balance transfer

24 months at 0% p.a.

Purchase rate

20.74% p.a. ongoing

Annual fee

$0.00 for 1st year

Highlights

  • 0% p.a. for 24 months on balance transfers with no balance transfer fee. Reverts to the cash advance rate at 20.99% p.a.
  • $0 annual fee for the first year, and $149 afterward.
  • Earn 0.66 Velocity Points per $1 spent on eligible transactions up to $1,500 each statement period and 0.5 points per $1 on spending thereafter.

Pros and cons

Pros

  • Experience the privilege of a $129 Virgin Australia Gift Voucher.
  • Benefit from 90 days of complimentary Purchase Protection Insurance and up to 12 months of Extended Warranty Insurance.
  • Earn an additional Velocity Point for every dollar spent directly with Virgin Australia using your Flyer Credit Card.

Cons

  • The earn rate drops to 0.5 points per $1 after $1,500 in a statement period.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good, Very Good, Excellent
Minimum Income
$35,000.00
Temporary Residents Accepted
No

Additional cardholders

Additional Cardholders
4
Additional Card Fee Ongoing
$39.00

Credit limits

Minimum Credit Limit
$6,000.00
Maximum Credit Limit
$30,000.00

Repayments

Interest Charged From
Statement date
Interest Free Period
Up to 44 days on purchases
Minimum Repayment Percentage
2%

Balance transfers

Balance transfer offer

Balance Transfer Rate
0%
Balance Transfer Period
24 months
Balance Transfer Fee Percentage
0%

Balance transfer conditions

Balance Transfer From Personal Loan
Yes
Balance Transfer Limit Percentage
80%
Balance Transfer Revert Rate
20.99%

Rates, fees, charges

Cash advances

Cash Advance Rate
20.99% p.a.
Cash Advance Fee
$2.70
Cash Advance Fee Percentage
2.7%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
20.74% p.a.

Account fees

Annual Fee Initial Year
$0.00
Annual Fee Ongoing
$149.00
Dishonour Fee
$15.00
Duplicate Statement Fee
$2.00
Foreign Exchange Fee Percentage
3.3%
Late Payment Fee
$10.00

Rewards

Rewards program basics

Rewards Program
Velocity Frequent Flyer
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
24 months

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
0.66
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
0.66

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
Yes
Cardholder's International Travel Insurance
No
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
Yes
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
Yes

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
Yes
Complimentary Flight Voucher Included
Yes
Complimentary QFF Membership Included
N/A

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Application was so quick!

    Reviewed by Hollie

    Application progress too slow

    Reviewed by Revanth

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