Virgin Australia Velocity Flyer Card: 60,000 Bonus Points

If there is something that this credit card has to offer it’s a great rewards system that will allow you to travel cheaply without giving up on confort. Not only that, but this card gives some very tempting initial offers to new users. 

We know that some people try to find credit cards that fit with their lifestyle. Well, if you enjoy traveling a lot and getting points and rewards while doing so, this might also be a good choice for you. Thanks to the initial offer, Virgin Australia Velocity Flyer becomes an affordable option for travelers that want to make the most out of their experience. 

Find out how having access to the Velocity Frequent Flyer program can help and what that has to do with this credit card. We’ll also explain who’s eligible for the offer, main benefits, fees and APRs and other details below, so keep reading!

How does Virgin Australia Velocity Flyer work? 

The Virgin Australia Velocity Flyer will be a top favorite for anyone who enjoys traveling while saving up on tickets and insurance. The Velocity Frequent Flyer program is already a great source of advantages for its users, which makes this credit card even more appealing. We’ll explain further about this program ahead, but for now we’d like to focus on the credit card.

One plus we must mention about this credit card: its points offer actual advantages when it comes to travel. You won’t have to collect an unrealistic amount to be able to buy tickets for your vacation, for example. With 37.800 points you could get a roundtrip from Brisbane to Adelaide, a whole trip bought just with a number that you can get within a few months of credit card use. 

Basically, Virgin Australia Velocity Flyer works like any other rewards credit card. Once you get your credit card and start spending you’ll get points according to how much you buy. It seems quite straightforward, right?

There are also some bonus point offers that allow you to get more value for your money. You’ll get a gift voucher as soon as you’re approved, which should give you even better time on your trips. 

Main benefits for Virgin Australia Velocity Flyer

One of the main draws for the Virgin Australia Velocity Flyer card is its intro offer, but there’s plenty for you to find out below: 

• 100.000 bonus Velocity points for new credit card users by spending within the first 4 months; 
• 1 velocity point per $1 spent for the first 4 months; 
• 0% balance transfer rate for the first 28 months;
• No balance transfer fee for the first 28 months; 
• 0,66 velocity point per $1 up to $1.500 spent after the promotional period; 
• Unlimited velocity points earning; 
• Complimentary insurance for traveling; 
• $129 virgin australia gift voucher;
• 2 single entry passes for Virgin Australia Lounge every year. 

You can use the points earned in the promotional period to purchase Virgin Australia flights with a very competitive cost or no cost at all. Once you get all the points you need you just request your voucher and your twenty-eight month period to use it will start. 

If you choose to use the points through your Velocity Frequent Flyer membership, they will be available for purchases for up to 12 months. Be careful not to miss this time period, since they make a huge difference when buying flights. 

Learn about the Velocity Frequent Flyer program

Being a part of the Velocity Frequent Flyer is any traveler’s dream. It shines in its point collection method, since you can earn them through any day to day purchase. For many reward credit cards in the market, these are restricted to some types of items or a few companies. 

This program has an app and online store that gives you access to the best trips in Australia. One of the main advantages for the Velocity Frequent Flyer program is the fact that it includes a wide range of partners and benefits. There are also easy ways to transfer points among family members to create the opportunity to take that family vacation you’ve been dreaming of for so long. 

Most flights from Virgin Australia will earn you points, making it a great program for anyone who enjoys flying with the best of companies. 

Cons for the credit card

Be aware that this is a rewards credit card with high interests after the initial promotion. Let’s say you take advantage of the balance transfer offer and get 0% interest rate for six months. That’s great, but make sure to finish paying everything before the end of the promotional period, because afterwards you’ll have to pay the cash advance rate for this card. 

Hidden interests like that can turn a great promotion into a trap if you aren’t careful with your balance. Another thing you must know, the balance transfer offer only allows you to transfer up to 80% of your credit limit. After you make use of it, your interest free days won’t apply for other purchases. 

Since the credit card has a high purchase rate for unpaid balances, you should avoid paying less than the total amount. 

APRs and fees 

Since we’re talking about low points, let’s understand the fees and APRs that you’ll have to pay if you choose this credit card: 

• 3.3% overseas transaction fee;
• $129 annual fee;
• 20.99% cash advance rate; 
• 2% minimum repayment or $30, whatever is higher; 
• $39 per additional card holder. 

As we mentioned before, be careful with your balances. After the intro 0% promotion, you’ll have to pay the 20,99% cash advance rate as interest. 

Who is Virgin Australia Velocity Flyer for? 

This credit card is ideal for those who take yearly trips. Remember that there is a high annual fee, but you’ll more than make up for it through the Virgin Australia Velocity Flyer discounts on flights. If you aren’t a frequent flier, there isn’t much that this credit card can actually do for you. 

Any Australian citizen over 18 years old can apply for this credit card. You’ll also need a good credit score without debts or recent applications for other credit cards. The minimum required annual income is $35.000 and you can apply through Virgin Australia’s official website.

How to apply for this credit card

Virgin Australia Velocity Flyer is a credit card available for anyone who is an Australian citizen, has good credit and at least $35.000 annual income. Do you consider yourself eligible? Feel free to visit the credit card’s official site and start collecting points.

Conclusion

In conclusion, the Virgin Australia Velocity Flyer credit card is a strong option for frequent travelers who value earning rewards and accessing travel-related benefits. Its key features include:

• Generous Rewards Program: Attractive points earning rates and a substantial bonus for new users.
• Valuable Initial Offers: Includes a gift voucher and lounge passes.
• Travel Insurance: Complimentary coverage enhances its appeal for regular travelers.

However, there are some considerations:

• High Annual Fee: $129, which may be offset by the benefits if used frequently.
• High Interest Rates Post-Promotion: Be mindful of the 20.99% cash advance rate and high purchase APR after the promotional period.
• Balance Transfer Limitations: Only 80% of the credit limit can be transferred, and balance transfer benefits don’t extend to new purchases.

The card is best suited for those who travel often and can leverage the Velocity Frequent Flyer program effectively. It offers significant value if you can make full use of its travel rewards and benefits. If you don’t travel frequently, the high fees and interest rates might outweigh the advantages.