• expired

Virgin Money Velocity High Flyer Card: 40,000 Velocity Points with $3,500 Spend Each Month for 2 Months, $329 Annual Fee

130

And another offer. Remember to save the offer page. There seems to be missing clauses from the T&Cs

Offer: Up to 100,000 bonus Velocity Points offer is available to newly approved Virgin Australia Velocity High Flyer Card account holders.
40,000 bonus Velocity Points will be awarded each month $3,500 or more is spent on eligible purchases for first 2 months from card approval (spend period).
An additional 20,000 Velocity Points will be credited within 3 months of your anniversary when you keep your card open for over 12 months, provided it has been activated by you.

To earn and redeem Velocity Points there must be an active Velocity Frequent Flyer membership linked to the Virgin Australia Velocity High Flyer Card account. Velocity membership Terms and Conditions apply. This offer can't be used in conjunction with other Virgin Australia Velocity High Flyer Point promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades). Velocity membership, Status Credits earn and Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time. This offer is not applicable or valid in conjunction with any other advertised or promotional offer.

There’s more. With this offer you also get:
Up to an additional 100 Bonus Status Credits each year when you purchase and fly on eligible Virgin Australia flights.
$129 Virgin Australia Gift Voucher each year.
2 Single Entry Lounge Passes each year.

Offer commenced 1 July 2025.
To receive this offer:
(a) your credit card application must be approved by 10 October 2025. We reserve the right to cancel any applications if we are unable to assess it within a reasonable time frame required to approve your application prior to this date
(b) any Balance Transfer request must be processed (balance transferred) by 30 October 2025. We reserve the right not to process any Balance Transfer requests if they are not received within a reasonable time frame required to process the Balance Transfer prior to this date. Your total Balance Transfers may not exceed 80% of your credit limit. The Balance Transfer interest rate applies to balances transferred with this offer within 20 days from card approval, and the balance transfer fee (if applicable) for the period shown, commencing from the date the Balance Transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances, currently 20.99% p.a. on the Virgin Money Anytime Rewards Card, Virgin Australia Velocity Flyer Card, Virgin Australia Velocity High Flyer Card and Virgin Money No Annual Fee Card, and 21.69% p.a. for the Virgin Money Low Rate Card. Interest rates are variable and subject to change. The interest rates are current as at 14 October 2024. Please note that unless advertised otherwise, you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable ongoing purchase rate. Both Velocity Points and Virgin Money Points are not issued on balance transfers. Offer may be varied or withdrawn at any time. If a balance transfer fee applies the fee will be debited from your account on the day or the day after your balance transfer is processed. View more information about Balance Transfers.

Virgin Money Referrals

Referral: random (242)

Referees will receive 5,000 Virgin Money Points when they open their first Virgin Money Go Account 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.

Related Stores

Virgin Money
Virgin Money
Velocity Frequent Flyer
Velocity Frequent Flyer
Marketplace

Comments

  • +1

    Clause 20 states: Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

    No waiting period is great

    • Does this means I can cancel (no longer "existing"), and apply again?

      • Yes but good luck getting approval though.

        • Whats a safe waiting period?

  • +10

    7000 spend seems strangely pretty steep for the little points on offer

    • This is how things are with most CCs now, unfortunately.

  • Meh

  • If you got big bills to pay sure

  • It's a better offer if you stack it with this:

    https://www.ozbargain.com.au/node/919520

  • The referral link is incorrect, that's for Virgin bank accounts not credits cards.

  • Citibank offers seem better value

  • no luck, instant rejection (closed 12 months ago)

  • +1

    Velocity cc offers are getting shittier by the day. Bring back the 100k points.

  • 40k meh

  • Thanks for the advice on applying for this and not the Flyer. Approved within a few hours, after being flat out declined by Citi a few months ago.

    Now to budget $7k in two months.

    • Hi just to know the process
      I applied and uploaded the payslip.
      After few hours i got the email to share license and Medicare along with payslip again.

      Does it means application moved to next stage or something ?

      • Not sure, sounds like your initial ID check didn’t work, so they're manually verifying. Suspect you'll be approved, but their processes are not overly consistent in my experience.

    • is it 7K in two months or does it have to be at least 3.5K per month for the first 2 months?

      • 3.5k per month for 2 months

        • is it calender month or 30days period?(sept 20th - oct 20th)

  • approved within 18hrs for this

  • Currently have 2 other cards 21k combined limit.
    Applied Citi Premier with 10k limit - conditionally approved but received rejected email afterwards
    Applied this one with 15k limit - got a phone call within 5 mins and approved immediately

    • Have you ever applied for this before in the past?

      • First time getting the high flyer.
        Had the normal one last year.

        • I want this one as well but fear of getting instant rejection.

  • I am trying to meet minimum spend on this card, the T&C seems to suggest paying ATO or council rates is considered eligible expenses.

    This is how i interpretted the Terms and Conditions, can someone please correct me if I am wrong:

    An eligible purchase means any purchase excluding Cash Advances, Balance Transfers, Special Promotions, refunds and chargebacks, purchases of foreign currency and travellers cheques, transactions made in operating a business, and fees and charges such as interest and ATM charges.

    • Interesting. i didn't bother readying but gave it to ChatGPT-5 which said otherwise. Just FYI. I'm going to go with some Woolies/Coles/Amazon gift cards

  • Has anyone received the monthly bonus points + 20k velocity promotion bonus?
    Do you receive it with the first and second statements?

  • Received first statement yesterday 3rd.
    Base and bonus points haven't come through yet.
    How many days usually for the points to be credited?

    • Do we need to meet monthly target like statement period or sept -$3500 and oct month -$3500

      • Seems to be a 30 day statement period starting from card approval.

    • The base spend plus 1st statement's 40,000 bonus were credited 2 days after the statement end date.

      • It's already been 4 days, still haven't received the points yet even though virgin money sent the points on statement date.
        Others seem to be having the same issue currently.

Login or Join to leave a comment