Our verdict

Earn 80,000 bonus Virgin Money Points and earn 1 point per dollar — uncapped.

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Customer Satisfaction Award

This credit card is a good option for anyone looking to earn rewards points in a variety of ways while spending with the card. And there's no cap on the points you can earn. The annual fee is quite reasonable and the bonus points offer is generous.

The card has a few premium perks as well, like the Visa Platinum Concierge Service and other Visa Platinum benefits. You'll get the most out of this card if you shop online with participating retailers via the Virgin Money Rewards Hub.

Note that this card lets you earn Virgin Money points, not Velocity Points. But you can redeem these reward points for Velocity Points.

Pros

80,000 bonus Virgin Money Points
0% p.a. balance transfer offer for 12 months (with no BT fee)
1 Virgin Money Point per $1 spent on eligible spending, uncapped
Visa Platinum Concierge Service

Cons

High 20.99% p.a. interest rate for balance transfers after the introductory period
No complimentary international travel insurance
No interest-free days on purchases when you have a balance transfer

Details

Product details

Product Name	Virgin Money Anytime Rewards Credit Card
Balance transfer rate p.a.	0% for 12 months, then 20.99%
Balance transfer limit	80% of available limit
Purchase rate p.a.	Purchase rate p.a. 19.99%
Interest-free period	Up to 55 days on purchases
Cash advance rate p.a.	20.99%
Min credit limit	$6,000
Card type	Visa

Eligibility

Available to temporary residents	No
Minimum income	$35,000
Joint application	No

Rewards

Rewards program	Virgin Money Rewards
Bonus points	80,000
Rewards points per $ spent	1
Rewards points cap	Uncapped

Fees

Annual fee	Annual fee $149
Minimum monthly repayment	2% of the closing balance or $25, whichever is greater
Late payment fee	$30
Foreign currency conversion fee	Foreign currency conversion fee 3.3%
Cash advance fee	2.7% or $2.70, whichever is greater
Overseas cash advance fee	$5
Additional cardholder fee	$0
Number of additional cardholders	4

How to apply

You can apply for the Virgin Money Anytime Rewards Card in around 10 minutes. Before you get started, check that you meet the eligibility requirements and have all the necessary documents and details handy.

Eligibility criteria

New cardholder. The introductory offers are only available to new customers.
Residency. You must be an Australian citizen or a permanent resident.

Age. You must be at least 18 years of age.
Minimum income. You must earn at least $35,000 p.a. to apply for this card.
Credit history. You must have a good credit history. You can check your credit score for free through Finder.

Required documents

Personal details. This includes your full name, email address, contact number, residential address, date of birth, and marital status. You will also need to provide a valid form of ID, such as your driver's licence or passport.
Employment details. This covers your employment status, job title, salary and employer's contact details. You may also need to provide recent payslips, tax assessment notices or bank statements to verify these details.
Financial details. This covers any other forms of income and assets such as government payments or pensions, as well as any savings or other assets. You will also need to share details of your existing debts, cards and other loans, as well as estimates of your regular household expenses.
Balance transfer details. If you want to take advantage of the balance transfer offer on this card, you will need to include details of the debt, such as the account name, account number, provider's BSB and the total amount of debt you want transferred.

Card benefits

80,000 bonus points. Receive 80,000 bonus Virgin Money Points when spend at least $3,000 on eligible purchases within the first 3 months from card approval. Points will be credited to your account within 2 months after meeting the spend requirement. Offer commenced on 5 March 2024 and may be varied or withdrawn anytime.
Balance transfer offer. Get 0% p.a. interest on balance transfers for the first 12 months, with no balance transfer fee. After the introductory period, any remaining balances will attract the card's cash advance rate, currently 20.99% p.a. Offer commenced on 5 March 2024 and may be varied or withdrawn anytime.

Virgin Money Points. Earn 1 Virgin Money Point per $1 spent on eligible transactions (uncapped) and extra 5 points per $1 spent on hotel bookings made through the Virgin Money app. These points can be redeemed for cash back, gift cards, transfers to Velocity Frequent Flyer and partner hotels.
Visa Platinum Concierge Service. This card gives you access to 24/7 concierge service, which can help with travel bookings, dining reservations, entertainment tickets and more.
Additional cardholders. You can request for an additional cardholder at no extra cost.
Mobile wallets. You can link your Virgin Money Anytime Rewards credit card to Google Pay, Samsung Pay and Apple Pay to make contactless payments using your qualifying device at the checkout.

Rates & fees

Annual fee. The Virgin Money Anytime Rewards Card charges an annual fee of $149.
Purchase rate. This card has a 19.99% p.a. interest rate for purchases, which is lower than the average standard rate according to the Reserve Bank of Australia.

Cash advance rate. The variable rate for cash advance transactions is 20.99% p.a.
Interest-free days. Get up to 55 days interest-free on purchases when you pay your balance in full each month. Note that you will be charged interest on retail purchases while you have a balance transfer.
Minimum credit limit. This credit limit for this card starts at $6,000.

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Virgin Money Anytime Rewards Card

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