Important disclosure

Virgin Money (Australia) Pty Limited

Virgin Money Virgin Australia Velocity Flyer Card (Points Offer)

  • Apple & Samsung Pay
  • Balance transfer
  • Instant approval
Purchase Rate

20.74%

p.a

Balance Transfer Rate

0%

p.a

Tags
  • Apple & Samsung Pay
  • Balance transfer
  • Instant approval
Purchase Rate

20.74%

p.a

Balance Transfer Rate

0%

p.a

Annual Fee

$64

for 12 months then $129 thereafter

Pros and cons

For Virgin Australia Velocity Flyer Card (Points Offer)

Benefits

  • Rewards Available through Velocity Frequent Flyer
  • Extra 100,000 points subject to eligibility conditions
  • $64 annual fee in the first 12 months and $129 p.a thereafter.
  • Price guarantee
  • Concierge
  • Special events

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 Flyer Card (Points Offer)

Details

Card Level

Platinum

Card Type

Visa

Interest Free Days

55

Minimum monthly repayment

2% or $30

Minimum credit limit

$6k

Maximum credit limit

$30k

Free supplementary cards

Instant Approval

Target Market Determination

Visit Virgin Money (Australia) Pty Limited to view Target Market Determination.

Fees

Annual Fee

$64

for 12 months then $129 thereafter

Annual Fee Spend Waiver

Supplementary card annual fee

$39

Late Payment Fee

$30

Over limit fee

$40

Duplicate statement fee

$7

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

20.74%

p.a

Cash advance rate

20.99%

Cash advance fee

2.7% or $2.7

Balance Transfer

Balance Transfer Rate

0%

p.a

Transfer Limit

80%

of the approved credit limit

Balance Transfer Fee

1.5%

Overseas spending

Foreign Exchange Fee

3.3% on Visa

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

$35k

Eligibility conditions

-

Residency

Perks

  • PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later in a printed catalogue at a cheaper price within 60 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.
  • CONCIERGE
  • SPECIAL EVENTS

Other Restrictions

Domestic flight redemptions are back. International Flights or Gift Card redemptions may be paused.

Promoted credit cards

Promoted

Longer Balance Transfer

Virgin Australia Velocity Flyer Card (Balance Transfer Offer)

  • Apple & Samsung Pay
  • Balance transfer
  • Instant approval
Purchase Rate

20.74%

p.a

Annual Fee

$0

for 12 months then $129 thereafter

Promoted

Lower Fee Balance Transfer

Visa Platinum Credit Card

  • Balance transfer
Purchase Rate

4.99%

p.a

for up to 5 months, then 19.49%

Annual Fee

$199

Promoted

Lower Purchase Rate

Rewards Platinum

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

80,000 ANZ Reward Points and $50 back to your new ANZ Rewards Platinum credit card when you spend $2,000 on eligible purchases in the first 3 months from approval.
Purchase Rate

20.99%

p.a

Annual Fee

$149

Promoted

Lower Annual Fee

Latitude 28º Global Platinum Mastercard

  • Apple, Google & Samsung Pay
  • No annual fee

special

Save with 0% international transaction fees on purchases. Plus, complimentary Flight Delay Pass and global data roaming.
Purchase Rate

27.49%

p.a

Annual Fee

$0