Virgin Money
Posted 18h ago
51
Virgin Money Velocity Flyer Credit Card: 50k Velocity Points + 50 Status Credits, $169 Annual Fee
No end dateNo end date in the post — check with the merchant
Virgin Money's Velocity Flyer card now includes 50 Status Credits in its sign-up offer, plus 50,000 Velocity points if you spend $1,500 per month for the first 2 months. The $169 annual fee is offset by a yearly $129 Virgin Australia voucher, making it good value if you can use it.
Our readers say
Source: OzBargain43031 comments
Original title
Velocity Flyer Credit Card: 50k Velocity Pts + 50 Status Credits ($1.5k/month spend first 2 months), $169 AF
Quick take
Good for
- Frequent Virgin Australia flyers
- Can spend $1,500 monthly
- Want Velocity points and status credits
Not for
- Can't meet minimum spend
- Don't want to pay annual fee
Why it's worth a look
- Points worth ~$350
- Voucher offsets fee
Watch out
- Spend $3k in 2 months
- Fee non-refundable
If it suits yousave ~$129, done in 30 min, credit check — think it through
Worth it?
$129
Estimated saving (price drop + cashback + cash rewards)
Reward offer
- Price
- Reward offer
- Estimated value
- $569
- Value per hour
- $786
Spend $3,000
Effort
Expertabout 30 min
Expert
New customersSpend $3,000Credit check$169 annual feeID check
Any catches?
1 high risk
Applying creates a hard enquiry on your credit file. Several applications in a short time can hurt your credit score and home loan approval.
See all risk notes ↓EndsNo end dateWho can do it: Specific groupsNo feedback yet — tell us how it went if you try it
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How to do it
- 1Visit the Virgin Money website and find the Velocity Flyer card page
- 2Fill out the online application with your details (credit check applies)
- 3After approval, spend at least $1,500 per month for the first 2 months
- 4Receive 50,000 Velocity points and 50 Status Credits once the spend requirement is met
- 5Keep the card for over 12 months to get an extra 20,000 points
Money-saving tip: If you can use the Virgin Australia voucher, the effective annual cost is just $40, making this a great deal for points and status credits.
Conditions
- New customers only
- Spend $1,500 per month for the first 2 months
- $169 annual fee, not waived
- One $129 Virgin Australia voucher per year, subject to conditions
- Credit approval required
Risks
- High riskApplying creates a hard enquiry on your credit file. Several applications in a short time can hurt your credit score and home loan approval.
- Caution$169 annual fee. After you get the bonus, decide whether to keep the card before next year's fee is charged.
- CautionYou need to spend $3,000 within the time limit. Don't spend extra just to reach it.
- NoteID verification required. Only submit documents in the official app or website.
- NoteNo end date given. The price or offer could end at any time.
- NoteAnnual fee rose from $149 to $169
- NoteVoucher may have usage conditions