For a limited time, get 0% p.a. for 22 months on balance transfers with a 1% BT fee (reverts to cash advance rate) and enjoy half the annual fee in the first year with the Virgin Australia Velocity Flyer Card ($64, reverts to $129 thereafter).
You’ll also unlock up to 30,000 bonus Velocity Points1 – that’s 3 bonus Points per $1 on your everyday eligible spend in the first 3 months (capped at 10,000 Points per month, up to 30,000 bonus Velocity Points in total). Eligibility criteria, spend criteria and T&Cs apply.
Plus, enjoy a $129 Gift Voucher2 to spend on Virgin Australia flights or selected holiday packages each membership year – worth twice the first year annual card fee!
Or, read on to find out more about the benefits of this popular Velocity Credit Card.
Take off with a $129 Virgin Australia Gift Voucher each year
Virgin Money Flyer cardholders are eligible to receive a $129 Virgin Australia Gift Voucher2 each year the card is held.
You can use the Gift Voucher to book a flight in any cabin or fare type on Virgin Australia (including sale fares) along with selected Virgin Australia Holiday packages.
To receive your Gift Voucher, you simply need to make an eligible transaction in the 2 months prior to requesting your voucher online. The $129 Virgin Australia Gift Voucher is valid for 6 months from the issue date.
Earn up to 30,000 bonus Velocity Points
Boost your Velocity Frequent Flyer balance fast with 3 bonus Velocity Points on top of the standard card earn rates for every $1 spent in your first three months. The bonus points are capped at 10,000 points per month (up to 30,000 Velocity Points in total).
Be rewarded with Velocity Points for your spend
After the first three months, you’ll earn 0.66 Velocity Points3 per $1 spent on eligible transactions (up to a cap of $1,500 per statement period) and then 0.5 Velocity Points per $1 spent on eligible transactions after the $1,500 cap has been reached.
These include transactions with government or semi-government entities or transactions which relate to services provided by or in connection with Government.
Note that transactions with some entities are excluded from earning Velocity Points.
This includes transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court-related costs.
Access a 0% p.a. balance transfer for 22 months
New Virgin Money Flyer cardholders can access a limited period promotional balance transfer offer, giving you the ability to pay 0% p.a. interest on balance transfers for the first 22 months with a 1% balance transfer fee4.
After the period any unpaid balance transfer amount will revert to the cash advance rate. No interest-free days apply while you have a balance transfer.
Further information about the balance transfer offer can be found on the card application form.
Get peace of mind with selected insurances
The Virgin Australia Velocity Flyer card unlocks access to selected complimentary insurances5, designed to provide peace of mind when shopping at home or travelling overseas.
The insurance products are:
Transit Accident Insurance: May cover you in the event of an accidental injury or death while travelling. In order to qualify, the entire trip must be purchased on your Virgin Australia Velocity Flyer Card.
Guaranteed Pricing Scheme: If you purchase the entire cost of covered products using your Virgin Australia Velocity Flyer Card, you are insured for the balance of any purchase you make where you find the same item at a lower price within 60 days.
Before taking up any insurance products, and to find out more information about coverage requirements, you should check out the Complimentary Insurance terms and conditions to ensure they meet your needs.
Virgin Australia Velocity Flyer Card Key Information table
|Annual fee||$64 in the first year, reverting to $129 from the second year|
|Additional cardholder fee||$39|
|Balance transfer rate (reverts to cash advance rate)||0% p.a. for 22 months with a 1% balance transfer fee|
|Purchase rate||20.74% p.a.|
|Cash advance rate||20.99% p.a.|
|Interest-free days on retail purchases (unless you have a balance transfer)||Up to 44 days (Note: this will change to 55 days for Statements issued on or after 1 Nov 2019).|
|Minimum credit limit||$6,000|
Virgin Australia Velocity Flyer Card eligibility
The minimum reportable income to apply for the Virgin Australia Velocity Flyer Card is just $35,000 per annum.
To be eligible for the offer of the reduced $64 first year annual fee and up to 30,000 bonus points, you must not currently hold a Virgin Australia Velocity Flyer Card.
This offer is only available until 2 December 2019, so don’t miss out!
Ready to apply?
1. Offer applies to new approved Virgin Australia Velocity Flyer Card customers who apply by 2 December 2019. Earn 3 bonus Velocity Points on top of your standard earn rate for each eligible $1 spent per month in the first 3 months from card approval. Points earn capped at 10,000 per month for the first 3 months, after which time standard earn rates apply for remainder of the month. Standard earn rate applies after promotional period. This offer can’t be used in conjunction with other Virgin Australia Velocity Flyer Card Point promotions or offers. To earn and redeem Velocity Points, you must be a Velocity Frequent Flyer member. Velocity membership and Points earn and redemption are subject to the member Terms and Conditions, available at velocityfrequentflyer.com, as amended from time to time.
3. To earn and redeem Velocity Points, you must be a Velocity Frequent Flyer member. Velocity membership and Points earn and redemption are subject to the member Terms and Conditions, as amended from time to time. Velocity Points are earned on Eligible Transactions only. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). See Rewards Program for High Flyer and Flyer Cardholders Terms and Conditions for full details and definition.
4. Your total balance transfers may not exceed 80% of your credit limit. The balance transfer interest rate applies to balances transferred with this offer for the period shown, 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 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 30 August 2019. This offer is valid until 2 December 2019. 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. Velocity Points are not issued on balance transfers. View more information about balance transfers.
5. Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 of 74 High Street, Toowong QLD 4066 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 of 2 Market Street, Sydney NSW 2000 has issued an insurance group policy to Citigroup Pty Limited ABN 88 004 325 080 AFSL and Australian credit licence 238098 (Citi) of 2-26 Park Street, Sydney NSW 2000 which allows eligible Citi account holders and cardholders to claim under it as third party beneficiaries. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the Complimentary Insurance Terms and Conditions which may be amended from time to time. Extended warranty insurance does not affect the rights of cardholders against a manufacturer in relation to contravention of statutory or implied warranties under Australian legislation. Citi does not guarantee this insurance.