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Virgin Australia Velocity Flyer Credit Card

The Virgin Money Velocity Flyer Credit Card focuses on providing a choice of introductory offers:

3 Introductory offers until 5th June 2016, make your selection when you apply: 

  • Offer 1: 0% p.a. Balance Transfer Offer for 14 months + 10,000 Velocity Points + 50% discount on annual fee
  • Offer 2: 0% p.a. on Balance Transfer for 6 month + 0% p.a. on Purchases for 12 months
  • Offer 3: 20,000 Velocity Points + $0 annual fee + 0% p.a. on balance Transfer for 6 months

As we have come to expect from Virgin a great deal of effort has been made to deliver a competitive package of benefits along side these introductory offers:

  • Reduced Flight Offer - Buy a Virgin Australia domestic Saver fare and receive an exclusive reduced flight offer for you and a friend, on the same flight up to 4 times a year.
  • Low minimum income - $35,000 p.a. eligibility level
  • 1 Additional Card Holder - Add an additional card holder for $39
  • Visa payWave - provides the convenience of tap and go quick payments on transactions up to $100
  • Up to 44 interest free days on purchases - providing you pay off your balance in full every month including any balance transfer amount.
  • Velocity Points on Purchases - Standard earn rate of 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2 thereafter.
  • Card Security - Fraudshield to automatically detect any purchases that seem out of place, plus Visa’s Zero Liability protection, which prevents customers from having to pay for purchases that aren’t theirs, and advanced online security.

Rates updated at: 24 January 2018
Card Details
Card Provider Virgin Money
Card Level Standard
Card Type Visa
Instant Approval Yes in 60 seconds
Acceptance Criteria
Age To Apply 18
Min. Income $35000
Residency Australia
Temporary Residents No
Min. Credit Limit $6000
Joint Applicants No
Standard Rates
Purchase Rate 20.74% p.a.
Cash Advance Rate 20.99% p.a.
Balance Transfer Rate 0.00
Balance Transfer
Balance Transfer Rate 0.00
Balance Transfer Period 14 months
Balance Transfer Fee 0.00%
Benefits
Introductory Offer Offer 1: 0% p.a. Balance Transfer Offer for 14 months + 10,000 Velocity Points + 50% discount on annual fee Offer 2: 0% p.a. on Balance Transfer for 6 month + 0% p.a. on Purchases for 12 months Offer 3: 20,000 Velocity Points + $0 annual fee + 0% p.a. on balance Transfer for 6 months
Bonus Points -
Offer End Date 5th June 2016
Rewards Program Velocity Frequent Flyer Program
Rewards Points Earn 1 Velocity Point, per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2.
Fees and Terms
Interest Free Period Up to 44 days
Min. Monthly Repayment $20.00
Annual Fee $129.00
Balance Transfer Fee 0.00%
Over Limit Fee $40.00
Duplicate Statement Fee $7.00
Interest Charged From Statement date
Late Payment Fee $10.00
Min. Repayment % 2.00
Max. Credit Limit $100000
Cash Advance Fee $2.70 per transaction, on a cash advance less than $100. On amounts over $100, 2.7% of the transaction amount.
Additional Card Holder Fee $39
Travel and Insurance
Foreign Currency Conversion fee 3.3% of the transaction amount
Overseas ATM withdrawal fee $5
Complimentary Travel Insurance Yes
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Terms and Conditions: Read the Terms and Conditions for the Virgin Australia Velocity Flyer Balance Transfer Offer Credit Card

 

Answer yes to these 4 questions and you are eligible to apply:

  1. I am over 18 years of age
  2. I have a good credit rating
  3. I have a minimum annual of income of $35,000
  4. I am a permanent resident of Australia

 

 

To apply on line and get a response in 60 Seconds for the Virgin Money Velocity Flyer Credit Card you’ll need the following information to hand:

  • An Australian Drivers License
  • A salary or wage slip and contact details of your employer
  • An overview of your debts and assets including any loans, store or credit card
  • Your Virgin Velocity Membership card (this can be added later)
  • If you are self employed you will need to supply contact information for your accountant

Apply now

 

Guaranteed Pricing Scheme

If you make a purchase with your Flyer or High Flyer card and then see the same product advertised at a lower price within 25kms, you can claim the difference within 60 days if the price difference is greater than $75 and the product hasn’t been purchased online.

Transit Accident Insurance

This cover provides certain accidental death and injury cover for cardholders who whilst outside Australia sustain an injury while riding as a passenger in (not as a pilot, driver or crewmember), or boarding or alighting a plane, tourist bus, train or ferry.

A: You commence a secure application process as follows:

  1. Clicking Go to site will direct you to the providers web site‚Äč
  2. Complete the online application on the providers web site
  3. Once approved, the Provider will issue your new credit card, this takes around 1-2 weeks.