The Virgin Australia Velocity High Flyer Card earns Velocity Frequent Flyer Points per $1 on your eligible spending, a yearly $129 Virgin Australia Gift Voucher, bonus Status Credits on eligible Virgin Australia flights, lounge passes and other perks. It has a $329 annual fee, making it suited to points chasers and big spenders. Right now, it offers 40,000 bonus Velocity Points each month when you apply and spend at least $3,500 on eligible purchases for the first 2 months from card approval – up to a maximum 80,000 bonus points.
Virgin Australia Velocity High Flyer Card
- Bonus points
- 80,000
- Purchase rate
- 20.74% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $329 p.a.
Our verdict
Offers up to 80,000 bonus Velocity Points, but you’ll need to meet 2 monthly spend requirements to get them all.
Pros
-
Up to 80,000 bonus Velocity Points
-
Up to 100 bonus Status Credits each year
-
Yearly $129 Virgin Australia Gift Voucher
-
2 complimentary single-entry Virgin Australia domestic lounge passes per year
-
1 Velocity Point per $1 on eligible spending up to $8,000 per statement period, then 2 points per $1
Cons
-
Bonus point spend requirement is staggered over the first 2 months
-
Relatively high 20.74% p.a. interest rate for purchases
-
3.3% foreign transaction fee
-
No interest-free days on purchases if you have a balance transfer
Details
Product details
Product Name | Virgin Australia Velocity High Flyer 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. 20.74% |
Interest-free period | Up to 44 days on purchases |
Cash advance rate p.a. | 20.99% |
Min credit limit | $15,000 |
Max credit limit | $100,000 |
Card type | Visa |
Eligibility
Available to temporary residents | No |
Minimum income | $75,000 |
Joint application | No |
Rewards
Rewards program | Velocity Frequent Flyer |
Bonus points | 80,000 |
Rewards points per $ spent | 1 |
Fees
Annual fee | Annual fee $329 |
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 | $89 |
Number of additional cardholders | 4 |
Your reviews
Amy Finder
Editor
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Sarah Megginson Finder
July 17, 2024
Hi Lisa,
You can get 20% bonus Status Credits on eligible Virgin Australia flights that you pay in full with your Virgin Australia Velocity High Flyer Card, up to 100 bonus Status Credits each year. This will be earned within 60 days of the allocation of your base Status Credits to your Velocity account.
So, if you purchase a flight and earn 30 status credits, you’ll be awarded an additional 6 credits. You can do this up to a limit of 100 bonus credits per year.
Hope this helps!
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Kaitlin
February 21, 2024
I’d like to see the details and terms/conditions on the travel insurance provided. Is there a contact number I can speak to someone before I apply?
Joe
January 29, 2024
If I have a Virgin Australia Velocity Flyer Card (silver card), would I still be eligible for the this cards bonus points offer?
Thanks.
Amy Bradney-George Finder
January 29, 2024
Hi Joe,
Unfortunately, this offer is not available to existing Virgin Money credit card customers. If you’re interested in a new card, you can compare other other cards offering bonus Velocity Points on Finder. I hope this helps.
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Ted
January 24, 2024
Hi, will purchase store value card like woolworth or coles gift card earn velocity points?
Amy Bradney-George Finder
January 31, 2024
Hi Ted,
The rewards terms and conditions for this card don’t specifically mention gift cards or stored value cards in regards to eligible purchases. But they do state that the details of an “eligible purchase” are based on details provided by the merchant and/or relevant financial institutions. So it may depend on where and how you purchased a gift card. You could contact Virgin Money directly on 13 37 39 to discuss this before buying a gift card. Finder’s guide to buying gift cards with a credit card has further details and tips that may also be of interest.
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Mike
September 19, 2023
Hi
What purchasers are deemed eligible for the bonus points?
Amy Bradney-George Finder
September 21, 2023
Hi Mike,
Most everyday spending is eligible to earn points, including bonus points. For example, groceries, petrol, dining, travel bookings etc. Here’s the wording for the offer terms and conditions from the Virgin Money website: “An eligible purchase means any purchase excluding Cash Advances, Balance Transfers, Special Promotions, refunds and chargebacks, purchases of foreign currency and travellers cheques, transactions made in operating a business, and fees and charges such as interest and ATM charges.” If you have a specific purchase in mind, you could also contact Virgin Money on 13 37 39 to discuss if it’s eligible. I hope this helps.
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Lisa
July 09, 2024
How do I get the additional 100 status credits?