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Virgin Australia Velocity Flyer Credit Card

The Virgin Money Velocity Flyer Credit Card provides a choice of 3 introductory offers:

A choice of 3 Introductory offers until 5th June 2016: 

  • Offer 1: 0% p.a. Balance Transfer Offer for 14 months + 10,000 Velocity Points + 50% discount on annual fee
  • Offer 2: 0% p.a. on Balance Transfer for 6 month + 0% p.a. on Purchases for 12 months
  • Offer 3: 20,000 Velocity Points + $0 annual fee + 0% p.a. on balance Transfer for 6 months

As we have come to expect from Virgin a great deal of effort has been made to deliver a competitive package of benefits along side these introductory offers:

  • Reduced Flight Offer - Buy a Virgin Australia domestic Saver fare and receive a reduced flight offer for you and a friend, on the same flight up to 4 times a year.
  • Low minimum income - $35,000 p.a. eligibility level
  • 1 Additional Card Holder - Add an additional card holder for $39
  • Visa payWave - provides the convenience of tap and go quick payments on transactions up to $100
  • Up to 44 interest free days on purchases - providing you pay off your balance in full every month including any balance transfer amount.
  • Velocity Points on Purchases - Standard earn rate of 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2 thereafter.
  • Card Security - Fraudshield to automatically detect any purchases that seem out of place, plus Visa’s Zero Liability protection, which prevents customers from having to pay for purchases that aren’t theirs, and advanced online security.
Credit Card Details
Provider Virgin Money
Prestige Level Standard
Credit Card Type Visa
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 20.74%
Cash Advance Rate 20.99%
Interest Charged From Statement date
Interest Free Period Up to 44 days
Balance Transfer
Balance Transfer Rate 0%
Balance Transfer Period 14 months
Balance Transfer Fee 0%
Benefits
Intro Offer Offer 1: 0% p.a. Balance Transfer Offer for 14 months + 10,000 Velocity Points + 50% discount on annual fee Offer 2: 0% p.a. on Balance Transfer for 6 month + 0% p.a. on Purchases for 12 months Offer 3: 20,000 Velocity Points + $0 annual fee + 0% p.a. on balance Transfer for 6 months
Offer end date 5th June 2016
Rewards Program Velocity Rewards
Rewards Points Earn 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point per $2 spent
Acceptance Criteria
Age to Apply 18
Min. Income $35,000
Residency Australia
Temporary residents No
Min. Credit Limit $6,000
Joint applicants No
Fees & Terms
Min. Monthly Repayment $20
Annual Fee $129
Over Limit Fee $40
Duplicate Statement fee $7
Late Payment Fee $10
Min. Monthly Repayment % 2%
Max. Credit Limit $100,000
Cash advance fee $2.70 per transaction, on a cash advance less than $100. On amounts over $100, 2.7% of the transaction amount.
Additional card holder fee $39
Travel & Insurance
Foreign currency conversion fee 3.3% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance Yes, including, Transit Accident Insurance, Extended Warranty, Purchase Cover and Guaranteed Pricing Scheme

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.