^10,000 bonus Velocity Points offer is provided to new approved Virgin Australia Velocity Flyer Card account holders who apply by 31 March 2014 and make a Retail Purchase with the card within 3 months of card approval date. Additional 10,000 bonus Velocity Points offer is provided if you also spend $5,000 on Retail Purchases on the card within 3 months of card approval date.
Referees will receive 5,000 Virgin Money Points when they open their first Virgin Money Go Account before 31 January 2024 and meet the Welcome Offer Bonus Points Criteria (1 debit card purchase/direct debits/BPAY transaction in the first 30 days).
Referrer will receive 5,000 Virgin Money Points for each referee who meets the Welcome Offer Bonus Points Criteria, for up to 5 referees in a month.
Not a horrible deal. I cancelled my card because of the "removal" of the 2for1 offer this card used to have. Still not as good as the Citibank Signature card for $75k+ income earners: https://www.ozbargain.com.au/node/123330
"Two41" promo code offer still applies to the card —- however, it applies to the base fare only. Taxes and booking fee is not discounted. Fly SYD-PER and you save a lot!
what does 20k velocity points get you?
Approximately ~$400 in VirginAU flights in a (school) holiday period. (effectively ~$238 if using another airline for similar flights while they are on special [qantas], best/worst case scenario ~$150 [tiger])
1 QFF or Velocity point is approx $ 0.007. So 20000 points is around $140. In terms of points for flights, it is around 3 one-way flights SYD-MEL (plus taxes).
I will say this is a very good offer with o% balance transfer + free points + zero annual fee for the 1st year.