• expired

Virgin Money Velocity Flyer Card: 25,000 Velocity Points with $1,500 Spend Each Month for 2 Months, $149 Annual Fee

580

Yes, another one… Remember to save the offer page

Offer: Spend $1,500 on your card each month in the first 2 months and you’ll get 25,000 Velocity Points for each month.
Plus receive 20,000 Velocity Points when you keep your card open for over 12 months.
Purchases must be processed and charged to your account in the relevant month to count toward your monthly spend. 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. Please note that if you have a balance transfer, you will be charged interest on any spend you make. Credit Card application must be submitted through this page. Points will be credited to the Primary Cardholders Velocity Account up to 2 months after the qualifying purchases.

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).

Minimum Income: $35,000

There’s more. You can also enjoy:
0% p.a. for 12 months on balance transfers.
With a 2% BT fee. Reverts to cash advance rate. You will be charged interest on retail purchases while you have a balance transfer.
$129 Virgin Australia Gift Voucher, each year, when you make a retail purchase in the 2 months prior to requesting the voucher.

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) your credit card must be activated by 28 October 2025
(c) 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 (241)

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
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Comments

  • +2

    Isn't this a better deal? https://www.ozbargain.com.au/node/905255

    • +6

      Yep.

      This is mainly for CC grinders waiting for the waiting period to expire on the other better deals. Virgin Money doesnt have a waiting period.

      • How's the recent experience from churning? There were lots of comments of instant rejection for serial churner

        • Its hard with the Hight spend threshold. But no rejections so far…

      • Yeah there’s no waiting period but they reject churners these days if you recently held their card

    • +1

      I’d argue this is one of the best ‘daily drivers’ on the market given the effective annual fee is only $20 and there’s no exclusion period, especially with the current ‘runway upgrade’ 20k bonus

      • +3

        If anyone is interested in extra 20k points, its here: https://www.ozbargain.com.au/node/919520

      • Do they pro rata refund on this card?

      • +3

        A few catches about the $129 travel voucher, it has to be used within 1 year, cannot be transferred, cannot be used to pay for rewards ticket tax, and has to be booked through virgin website

        • Do you know if you can you use it for hotels? I can't seem to see how.

    • Thanks OP.. Currently I have this NAB Rewards Card with velocity point, can I the bonus points if I sign this Velocity Virgin flyer?

    • NAB has a 18months waiting period, another option is the Westpac velocity platinum, $124 annual fee (existing westpac customer), 70000 velocity points welcome bonus
      https://www.westpac.com.au/personal-banking/credit-cards/rew…

      • Offer not available if you’ve held an Altitude Platinum or Altitude Black card with Altitude Rewards, Qantas or Velocity in the last 24 months

  • How is the travel insurance for this card?

    • No travel insurance.

      • Major downside, churn and burn.

      1. Complimentary international travel insurance is limited to the primary cardholder only.
  • A rookie question.

    What can you get these days with 50K velocity points?

    Is it enough for a return economy flight to Europe during the peak season?

    • -1

      You need at least c. 150k points for a one way flight to EU. I just bought return flight to EU for about 380k points.

      • +3

        That's pretty expensive, you can find reward seats for 80k ish one way

        • yep standard economy class Reward seats to Europe are 80k VFF points each way

      • +2

        Apologies. To clarify this js for business class not economy. My bad.

    • +1

      I just booked one way economy Tokyo to Perth for 45000 and $64 in January.

  • +1

    The points don't worth as much as they used to be before COVID. Based on my quick research.

    • Even 1 year ago, this card was giving 60K VFF points for annual fee of about $75

      • And I remember you can just apply this exactly same card one month after closed the previous one. Those were the good days.

        • You still can, just looks like they'll reject you these days

  • Title says 50,000 points each month for 2 months. Is it that or 25,000 each month ?

    • 25k a month.
      Yeah title is a misleading but it is clear when you click the link before you apply.

  • +2

    I just “discovered” (read the T&Cs properly) that government payments DO count toward the bonus points eligible spend but DO NOT accrue regular points. Also, the first month starts from date of approval (I guess when you get the email) which was a week before I got my card, so be ready to spend. I only realised this on the last day of first month so may have missed out on 25k, which sucks.

    New players beware!

    • Can’t you set up apple pay / google pay as soon as you are approved?

      • Not with Virgin, you have to wait for the physical card.

    • For cc in general or just this one? BPAY gov payments okay or must be cc option? The last card i applied for wasn't very clear in the T&C (Westpac) but i think previously another card gov spending through BPAY was fine (NAB)

      • Depends wholly on the T&C per card, this card specifically doesn’t exclude it. I have no proof yet but it’s specifically excluded in the points earning criteria so surely if it didn’t apply for the bonus they’d say it.

        I’ve seen other cards where it’s explicitly excluded.

    • my understanding is first month refers to "statement month", not "calendar month"
      let say your card approval is on the 20 August, your "1st month" should be until 19 September, not 31 August
      and same thing applies to second month, meaning that if you spend $1500 on 31 August, and another $1500 on the 1st September
      both are still considered as 1st month purchases, and you will miss the 2nd month bonus points if you dont spend $1500 from 21 September to 20 October

      • This is the relevant section from the "Things you need to know" dropdown:

        25,000 bonus Velocity Points will be awarded for each month $1,500 or more is spent on eligible purchases for the first 2 months from account approval. The first month begins on the date your account is approved. Please allow up to 1 week for your card to be mailed to you, leaving you about 3 weeks to meet the spend hurdle for the first month. The second month will commence one month from the date your account is approved. Purchases must be processed and charged to your account in the relevant month to count toward your monthly spend. 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.

        Reads to me as the month (28 days? calendar?) begins on approval e-mail day. So in my case, seems I botched it even though I got in with an allowed (government) payment on the last day. I've mentally written off the 25k but might get lucky.

        Also, interestingly, I see this under point 7, when travel insurance is not mentioned elsewhere for this card. Maybe a copy / paste error from the High Flyer?

        Complimentary international travel insurance is limited to the primary cardholder only.

  • I think Virgin auto reject churner

    • Well, they conditionally approved me tonight and asked for proof of income. I applied for 5 credit cards with different banks (and closed 3 out of approved 4) in the last 14 months or so

      • +1

        They auto approve quickly but the rejection is by email, to follow soon.

      • Did you end up getting approved? Or did the reject after conditional approval?

        • Approved with about $25k limit.. more than what i was expecting.

        • I got pre approved for around 30k this morning and then rejected an hour later by email

          • @M123321: I got straight rejected :( unless I made an error on the application with one of the frequencies (I don't think I did but there's a possibility), I think they have flags for churning

            • @KaitoKid1412: Sure it is. I have perfect credit score but had around 5 cards this year so far (non active now). Getting more difficult to churn

  • Got declined straight away, same card closed last September.

  • I suggest you pair this with a second CC unless 1.5k per month is unusual for you nothing worse than racking up spend that doesn't count.

  • Applied this morning, conditionally approved after application submission then auto-rejected via email.

    • That's unfortunate, have you held this card before? If so, when did you close it last. I'm trying to build a case of whether I should apply or not, I closed it in July last year and it sounds like some people are getting rejected having closed not long ago

      • Yes, I held this card before. Closed it more than a year ago and I am a proud churner😆.

        • Hmm, companies really do seem to be catching on! More than a year and still got rejected :( I'll have to wait longer

  • instant rejection (closed 12 months ago)

  • Can someone tell me the typical timeframe would be from application to final approval for this card?

  • I can't believe I got approved for this, it's my third in 18 months. Got approved within an hour.

    • Did you use the same details? I got rejected :( Last card was over 12m ago

      • Yes! I have had three other cards since. Honestly very surprised.

  • is it easy to sell the $129 voucher? for $100? or lower?

    • +1

      You can't sell it. It's a travel bank credit tied to your VFF travel bank account

      • thanks, so i have to use my own account to book flights for others if i don't have travel plan?

        • Yes you can book for someone else this way. Just use their name on the booking.

  • Got rejected this one but approved high flyer card.
    If you are a churner and getting rejected for this card, try the high flyer.

    • Got rejected by both T.T

    • +1

      They approved higher credit limit but rejected the lower one card? That's strange approval logic.

      • +1

        well higher fees, more profit for them

    • Thanks.

      Got conditionally approved for the normal flyer card, then rejected a few minutes later by an automated email.

      Then, I try applying for the high flyer card, entered the same information I input for the normal flyer card, got conditional approved, upload my documents, then a few minutes later got approved by email.

  • Also got conditionally approved, then rejected a few minutes later by email

    Churner…

    for others that got rejected, did this add an enquiry to your credit file?

    • Yes.

      Most of banks should already query your credit file before you even got to the last question of the application - to find your current credit cards/loan etc.

  • Similar to @gembel, got rejected for this one which I had closed over a year ago (for a $6000 credit limit) but approved for the High Flyer this morning (for a credit limit of $15000) which I applied just last night.

    Clearly, it looks like they are wanting to make money with the higher annual fees on the High Flyer.

    Anyone willing to pay the higher fee and can meet the higher spend requirements, just apply for the High Flyer, chances are you will most likely be approved even if you were rejected for the Frequent Flyer one.

    • Can confirm that I was also declined for the flyer but approved for the high flyer. I wouldn't have bothered trying for the high flyer if I didn't see your comment so thank you!

      • No worries. It was the same with me too and wasn't going to apply but saw someone else's comment above and applied, glad I did.

        • Offft. Not sure if I should try too. $329 is a bit hefty, and I've just paid a bunch of large bills so might struggle to meet the spend criteria.

          • @puffinfresh: You can usually get a lot back. You switch to the lower card ($180 cheaper), and they'll give you a pro-rated refund of the difference. At least that's how Citi/NAB have worked up until earlier this year.

    • Thanks, I also took your advice and applied for High Flyer, approved same day.

      • did you have any other active cc when applied for high flyer?

        • Yes. But well under limits I've previously held, so serviceable never an issue.

      • Have you asked to upload payslips and approved within day or auto approved ?

  • +1

    Customer service was frustrating to deal with, all the CS I spoke with are with heavy Indian accent which made every call very stressful. The travel voucher is nearly impossible to use, it can’t be combined with Velocity points, must be for flights departing Australia, and international fares were always far more than $129. I couldn’t find a single domestic flight worth using it on. No travel insurance is included, and the points earn rate on daily spending is sucks. Other than the welcome offer, this card has no real value.

  • For the High Flyer card, if I have all the velocity points and I see 2 x lounge passes have been assigned to my Velocity account, and if I request a card cancellation for a pro-rata refund, would I lose the lounge passes after the card is cancelled? or they will still be there for me to use later (I think the lounge passes have 1 year expiry date).

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

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