Virgin Money
Virgin Money

Virgin Australia Velocity Flyer Credit Card (0% for 26 months on purchases and half annual fee in the first year - $64, reverts to $129)

Purchase Rate
20.74% p.a.
Cash Advance Rate
20.99% p.a.
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Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
0% p.a. for first 26 months
  • SAVE ON INTEREST – 0% p.a. for up to 26 months on balance transfers (reverts to cash advance rate)
  • Half annual fee in the first year - $64, reverts to $129
  • Offer ends on 30 April 2021
  • $129 Virgin Australia gift voucher each year.

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Rewards Program
  • Velocity Frequent Flyer Points: Up to 0.66 Points per $1 spent.
  • Receive a $129 Virgin Australia Gift Voucher each year (spend criteria and T&Cs apply).

Fee & Repayments

Annual Fee $129.00
Annual Fee First Year $64.00
Rewards Joining Fee -
Supplementary Card Fee $39.00
Minimum Repayment Greater of 2% or $30.00
Interest Charged From StatementDate
Late Payment Fee $10.00

Rewards Program

Rewards Points per Dollar 0.66
Linked to Frequent Flyer
Spend to Redeem $100 Gift Card* -
Frequent Flyer Ratio 0.66
Spend at Loyalty Partner for $100 Gift Card*
Lifetime of Points
Rewards Program Partners Velocity Frequent Flyer, Virgin Australia
Rewards Bonus Points Partners Velocity Frequent Flyer
Domestic Airlines
International Airlines

Other Charges

Duplicate Statement Fee -
Overseas ATM Balance Fee $0.00
Transaction Verification Fee -
Overseas ATM Withdrawal Fee $5.00
Over Limit Fee $40.00
Overseas Emergency Card Replacement Fee -
Terms & Conditions
All interest rates shown are variable. This information is correct at 31 March 2021. You must be at least 18 years of age to apply for a credit card. If you are a permanent resident you must earn at least $25,000 p.a. for the Virgin Money No Annual Fee Card, $35,000 p.a. for the Virgin Money Low Rate Card and Virgin Australia Velocity Flyer Card or $75,000 p.a. for the Virgin Australia Velocity High Flyer Card. Approval is subject to our credit criteria. All offers are non-transferrable, not redeemable for cash, and subject to change or withdrawal without notice at the discretion of Virgin Money. Please note that to read our PDF forms you will need to have Adobe Reader installed on your computer. Virgin Money (Australia) Pty Limited ABN 75 103 478 897 ("Virgin Money") Credit Representative number 369377 promotes and distributes the Virgin Money Credit Cards ("Credit Cards") as an authorised credit representative of Bank of Queensland Limited ABN 32 009 656 740 ("BOQ"), Australian credit licence 244616. Citigroup Pty Ltd ABN 88 004 325 080 ("Citibank") AFSL/Australian credit licence 238098 is the credit provider and issuer of the Credit Cards. BOQ does not and will not guarantee or otherwise support Citibank's obligations under the contracts or agreements connected with the Credit Cards. International Travel Insurance, Extended Warranty Insurance, Purchase Cover, Transit Accident Insurance, Guaranteed Pricing Scheme are subject to eligibility requirements. Terms, conditions, limits and exclusions apply. Purchase and Balance transfer offer: Your total balance transfers may not exceed 80% of your credit limit. The promotional rate of 0% p.a. applies to balances transferred with this offer at point of application for the promotional period advertised. The promotional period commences once the balance transfer is processed. At the end of the balance transfer promotional period, the interest rate on any outstanding transferred balance will revert to the variable annual percentage rate for cash advances, currently 20.99% p.a. on the Virgin Australia Velocity Flyer Card and Virgin Money No Annual Fee Card. Interest rates are variable and subject to change. The interest rates are current as at 31 March 2021. This offer is valid until 30 April 2021. If we approve your credit card application, the Balance Transfer offer will be available for up to 90 days from the date your application is approved. Velocity Points are not issued on balance transfers. This offer excludes balances transferred from Virgin Money unsecured credit products. View more information about balance transfers. The promotional rate of 0% p.a. applies to retail purchases for the promotional period advertised from the date your account is approved. At the end of the promotional period, the variable annual percentage rate for retail purchases, currently 20.74% p.a. on the Virgin Australia Velocity Flyer Card and 18.99% p.a. on the Virgin Money No Annual Fee Card will apply to any outstanding retail purchases and any new retail purchases. Please note you will not be entitled to any interest-free days on retail purchases at the end of the promotional period whilst you have a balance transfer. This means that all spend will be charged interest at the applicable annual percentage rate. Minimum monthly payments required. Payments will be applied to your account as per the Credit Card Terms and Conditions and Other Important Information. Please note that if you make a retail purchase before your balance transfer is processed, payments made during the Balance Transfer promotional period will be applied to the retail purchase balance before the balance transfer. 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. Unless advertised otherwise, the interest free period applies when you pay your full closing balance from your last statement of account by the payment due date (excluding any Fixed Payment Option balance which isn’t due for payment by that payment due date). No interest free period is available on Cash Advances or Balance Transfers. Whilst you have a Balance Transfer you will be charged interest on your daily unpaid balance. Withdrawal limits, fees and charges may apply.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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