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- Virgin Australia Velocity High Flyer Card
Virgin Money Virgin Australia Velocity High Flyer Card
- Apple & Samsung Pay
- Balance transfer
Purchase rate p.a.
20.74%
Balance transfer rate
0%
Annual fee
$329
Virgin Money Virgin Australia Velocity High Flyer Card
- Apple & Samsung Pay
- Balance transfer
Purchase rate p.a.
20.74%
Balance transfer rate
0%
Annual fee
$329
Pros and Cons
For Virgin Money Virgin Australia Velocity High Flyer Card
Benefits
- Rewards Available through Velocity Frequent Flyer
- Extra 80,000 points subject to eligibility conditions
- Domestic travel insurance
- International travel insurance
- Price guarantee
- Extended warranty
- Concierge
- Special events
- Airport lounge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
- Does not offer free supplementary cards
Virgin Money Rate Credit Card overview
For Virgin Australia Velocity High Flyer Card
Details
Card level
Premium
Card type
Visa
Interest free days
44
Minimum monthly repayment
2% or $30
Minimum credit limit
$15,000
Maximum credit limit
$50,000
Free supplementary cards
Instant approval
Target Market Determination
Visit Virgin Money (Australia) Pty Limited to view Target Market Determination.
Fees
Annual fee
$329
Annual Fee Spend Waiver
Supplementary card annual fee
$89
Late payment fee
$30
Over limit fee
$40
Duplicate statement fee
$7
Electronic Wallet Service
Apple pay available
Google pay available
Samsung pay available
Important Rates
Rates
Purchase rate p.a.
20.74%
Cash advance rate
20.99%
Cash advance fee
2.7% or $2.7
Balance Transfer
Balance transfer rate
0%
Transfer limit
80%
of the approved credit limit
Balance transfer fee
Overseas spending
Foreign exchange fee
Overseas charges
$5
Estimated ATM cost
$14.9
for AU $300 withdrawal
Rewards
Program name
Velocity Frequent Flyer
Rewards available
Gift Card, Domestic Flights, International Flights
Eligibility
Minimum age
25
Minimum income
$75,000
Eligibility conditions
Residency
Perks
Available for covers up to $16,000 for loss or damage to personal property, $600 for loss or damage to travel documents and $2.5 million of personal liability cover
If you purchase personal goods in Australia and then find the same product advertised later in a printed catalogue at a cheaper price within 21 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is more than $75 and less than $500.
Warranty is extended for the same duration as the original warranty up to 1 year.
Up to two Virgin Australia lounge passes per year at selected domestic airports
