The Velocity Frequent Flyer rewards program allows you to earn Velocity Points, which can then be redeemed for flights, hotels, car rentals, holidays, cruises, and various shops.
With a Velocity credit card, you can earn Velocity Points by using the card to pay for everyday items such as fuel, clothes, and groceries. Using a Velocity credit card is a great way to make your money work harder for you!
One of the most fundamental choices to make in any Velocity credit card comparison is whether you want to earn Velocity Points directly or to earn points in a rewards program that has Velocity Frequent Flyer as a transfer partner.
Cards that earn points that can be transferred into Virgin Frequent Flyer tend to offer more flexibility when it comes to booking flights on Velocity Points.
David Boyd, co-founder of Credit Card Compare, explains, "Credit cards offer Virgin Australia loyalists an attractive way to earn Velocity Points and Status Credits. There is a range of offers available with differentiated earn rates on everyday purchases, bonuses on airline spending, and complimentary entry to airport lounges. However, it's important to look beyond the earn rate and sign-up bonus to consider important factors like interest rates and annual fees."
Benefits of Velocity Points credit cards
Velocity credit cards offer a range of benefits to cardholders, including:
- Earn Velocity Points: Cardholders can earn Velocity Points on their everyday spending, which can be redeemed for flights, upgrades, and more. Some earn on government spend, such as paying taxes.
- Free travel insurance: Many Velocity credit cards offer complimentary travel insurance, typically activated when using the card to pay for travel expenses.
- Airport lounge access: Some Velocity credit cards provide access to airport lounges, allowing cardholders to relax in comfort before their flight.
- Sign-up points bonus: Cardholders can take advantage of bonus points offers when signing up for a new Velocity credit card or meeting certain spending criteria.
- Special offers and discounts: Velocity credit cardholders may have access to exclusive offers, discounts, and benefits with partner companies.
How to choose a Velocity Points credit card
When selecting a Velocity credit card, consider the following factors to ensure it aligns with your financial needs and travel preferences:
- Earn rates: Look for a card that offers the highest earn rates for Velocity Points on your regular spending categories.
- Fees and charges: Compare annual fees, foreign transaction fees, and other charges associated with the card.
- Bonus points offer: Consider any sign-up bonuses or promotion offers with the card.
- Additional benefits: Evaluate additional perks like travel insurance, airport lounge access, and partner benefits.
- Card features: Check for contactless payments, mobile wallet compatibility, and account management tools.