Thumb virgin money high flyer credit card

Virgin Australia Velocity High Flyer Credit Card

The Virgin Velocity High Flyer credit card is designed to help accelerate your earn rates of Velocity Points by offering an above average earn rate and a generous introductory bonus point offer, with no capping on the number of points you can earn.

Introductory Offer: 20,000 Velocity Points PLUS 50% discount on the annual fee in year 1.

Velocity Point Earn Rate

1.25 Velocity Points for every dollar spent and no points caps.

As we have come to expect from Virgin Money a great deal of effort has been made to deliver a competitive package of benefits along side these rewards points based features:

  • Balance Transfer - 1.9% p.a. for 12 months on balance transfers. Revert to the cash advance rate.
  • Annual Fee Offer - $144 in year 1 then $289 p.a.
  • Reduced Flight Offer - Buy a Virgin Australia domestic Saver fare and receive an exclusive reduced flight offer for you and a friend, on the same flight up to 4 times a year.
  • Uncapped Velocity Points - Be rewarded for all your eligible spend
  • 1 Additional Card Holder - Add an additional card holder for $89
  • 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.
  • 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.
  • Visa Platinum Concierge Service - 24/7 service designed to take the pain out of scheduling and bookings.
  • Complimentary International Travel Insurance
  • Complimentary Purchase Cover & Extended Warranty Insurance

Offer conditions: Get 10,000 bonus Points when you make a retail purchase within 3 months of card approval. Additional 10,000 bonus Points when you spend $10,000 or more within 3 months. Apply by 5th June 2016

Credit Card Details
Provider Virgin Money
Prestige Level Platinum
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 1.90%
Balance Transfer Period 12 months
Balance Transfer Fee -
Benefits
Intro Offer 20,000 bonus Velocity Points. Get 10,000 bonus Points when you make a retail purchase within 3 months of card approval. Additional 10,000 bonus Points when you spend $10,000 or more within 3 months. 50% discount on the annual fee in the first year saving $145
Offer end date 5th June 2016
Rewards Program Velocity Rewards
Rewards Points Earn 1.25 Velocity Points per $1 spent, uncapped
Acceptance Criteria
Age to Apply 18
Min. Income $75,000
Residency Australia
Temporary residents No
Min. Credit Limit $15,000
Joint applicants -
Fees & Terms
Min. Monthly Repayment $20
Annual Fee $289
Over Limit Fee $40
Duplicate Statement fee $0
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 $89
Travel & Insurance
Foreign currency conversion fee 3.3% of the transaction amount
Overseas atm withdrawal fee -
Complimentary travel insurance International travel insurance for you, your spouse and any dependent children, as long as they are travelling with you, including medical expenses for illness or injury and lost or stolen luggage. Complimentary Purchase Cover and Extended Warranty Insurance, Complimentary Purchase Cover & Extended Warranty Insurance 12 months extended warranty and 3 months free insurance against loss, theft, or accidental damage on new personal goods purchased anywhere in the world using your Virgin Australia Velocity High Flyer Card

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.