Image of Virgin Australia Velocity High Flyer Card credit card

Virgin Australia Velocity High Flyer Card

$329 first year annual fee
80,000 points
$15,000 min limit
$75,000 annual income required
1.00 points per dollar
Spend $7,000 in 60 days

Offer Details

PremiumTemporarily Unavailable

First Year Points

80,000 points

Velocity

Second Year Points

20,000 points

With $329 annual fee

Minimum Spend

$7,000

within 2 months

Cash Bonus

$129Virgin Australia Gift Voucher

Ongoing Earn Rate

1.00x points per $1 spent

Fees

First Year Annual Fee

$329

Ongoing Annual Fee

$329

From year 2 onwards

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Benefits

Status Credits
Up to 100 Bonus Status Credits each year when purchasing and flying on eligible Virgin Australia flights with the Velocity High Flyer Card.
Flight Discounts
$129 Virgin Australia Gift Voucher each year when a retail purchase is made in the 2 months prior to requesting the voucher.
Lounge Access
2 complimentary Single Entry Lounge passes each year added to the online Velocity account after card anniversary.
Travel Insurance
Complimentary Domestic and International Travel Insurance for High Flyer cardholders covering unexpected events.
Extended Warranty Insurance
Extended warranty insurance of up to 12 months in addition to the covered product's Australian warranty period when purchases are made with the Velocity High Flyer Card.
Purchase Protection Insurance
90 days complimentary insurance against loss, theft or accidental damage for purchases made with the Velocity High Flyer Card up to specified amounts worldwide.
Balance Transfer Offers
0% p.a. for 12 months on balance transfers with a 2% balance transfer fee. Balance transfers may not exceed 80% of credit limit. Interest charged on retail purchases while balance transfer is active.
Interest Free Periods
Up to 44 days interest free on retail purchases when balance is paid in full each month, excluding balances transferred and cash advances.
Rewards Program Elite Status
Earn Velocity Points on eligible spend: 1 point per $1 up to $8,000 per statement period, 0.5 points thereafter, plus 2 extra points per $1 spent directly with Virgin Australia.
Points Transfer Benefits
Velocity Points earned are automatically transferred to the Velocity Frequent Flyer Account within 15 business days after statement cycle close.
Concierge Service
24/7 access to Visa Platinum Concierge Service for travel, dining, and entertainment assistance.
Digital Wallet Integration
Card supports payment via Apple Pay, Samsung Pay, and Google Pay.
CraigCraig's Analysis
80,000 bonus + 7,000 from $7,000 spend
56,129 Krisflyer pts × 1.5¢/pt = $842
+ $129 cashback
− $329 first year fees
Est. profit $642

SydneySingapore · Business (72,000 pts/way)

77% of one way trip

Points via Singapore Airlines

Bonus Difficulty

Hard

●●●

$117 per day required

First Year Cost

$329

annual fee

Estimated Bonus Value

$954

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Excellent

●●●●

1.00x Velocity points per $1

Travel Benefits

Lounge Access

2 complimentary Single-Entry Virgin Australia domestic Lounge passes each year

Did this help you make a decision?

56,129 Krisflyer miles
0.65 miles per dollar
Points transfer 1.55 Velocity points 1 Krisflyer miles


History
22 Mar 2025
2 changes
Interest Rate:
21.0020.74
Bonus Cash Description:
Virgin Australia Gift Voucher.Virgin Australia Gift Voucher
7 Sep 2024
1 changes
Expiration Date:
2 Sep 2024
  • Expiration changed from 26/06/24 to 02/09/24
    2 years ago
  • Expiration changed from 14/05/24 to 26/06/24
    2 years ago
  • Expiration changed from 04/03/24 to 14/05/2024, Annual Fee from $289 to $329, Second Year Annual Fee from 289 to 329
    2 years ago
  • Expiration changed from 31/01/24 to 04/03/24
    2 years ago
  • Expiration changed from 31/10/23 to 31/01/24
    2 years ago
  • Bonus lowered from 120k to 80k, spend lowered from $14k with $7k
    3 years ago
  • Offer extended to 31 July 2023
    3 years ago
  • Increased annual fee to $289. Increased min spend to $14,000
    3 years ago
  • Increased bonus points to 120,000
    3 years ago
  • Bonus decreased from 100k to 80k
    3 years ago
  • Offer extended to 30th April 2023
    3 years ago
  • Offer changed to $3.5k every month for 4 months.
    3 years ago
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Craig