Maximising your credit card Velocity Rewards points earning

Information verified correct on October 22nd, 2016

Aussies are obsessed with rewards. Whether it’s the satisfaction from redeeming your points or receiving a discount off your flights, you should always know the best way to maximise your points earning.

According to Credit Card Finder’s January survey, 80% considered a rewards program linked to their credit card as an important feature. With so many reward programs and credit cards to choose from, it’s hard to determine which one will give you the largest offset for your spending. The Velocity Frequent Flyer program is just one of the many programs that you can enjoy redeeming your points for, but what’s the *best way to maximise your reward points?

American Express Velocity Escape Card

Velocity Frequent Flyer Credit Card Offer

The American Express Velocity Escape is a $0 annual fee Velocity points earning credit card. Receive 7,500 bonus Velocity Points.

  • $0 p.a. annual fee
  • 20.74% p.a. on purchases
  • 0% p.a. for 12 months with 1% balance transfer fee on balance transfers
  • Up to 44 days interest free
  • Minimum Income Requirement of $40,000 p.a.

The Velocity Frequent Flyer Program

The Velocity program is the dedicated frequent flyer program of Virgin Australia. Members of the program can earn Points that can be redeemed for a range of products and services. When you join you’ll enter at the lowest membership level, red. As you progress through the membership levels by earning status credits — the higher your membership levels the more Points you can earn and the better your program benefits.

Points are earned by spending money through Virgin or their program partners, while status credits can only be earned by flying with Virgin Australia or their airline partners. This is a truly travel-orientated program and you’ll find real rewards through the program if you travel frequently.

As you accumulate Points you can choose to spend them in various ways. Use them to book Rewards seats on Virgin Australia and partner airline flights, or redeem rewards directly through the Velocity eStore. The eStore features a range of retail products including technology, fashion, food and drink, fitness, business items, and you also have the option to donate your Points to charity.

Learn more about how to join Velocity for free

How to earn points using your branded credit card and Velocity Airlines

We’ve sifted through all the current credit cards that are linked to the Velocity Frequent Flyer program and sorted them according to low, medium and high points earning as a guide only. It’s important to always consider your personal situation and determine if the points earning corresponds with your needs.

Lower points earning Velocity credit cards

In this table we list the credit cards that allow you to earn a maximum of 1.5 Velocity points per dollar spent, which is on the lower scale of points earning with Velocity credit cards.

Credit card0.5 pts/$11 pts/$11.5pts/$1
Virgin Australia Velocity FlyerOver $1,500 per monthUp to $1,500 per month
NAB Velocity RewardsVisa eligible purchasesAmerican Express eligible purchases
NAB Velocity Rewards PremiumVisa eligible purchasesAmerican Express eligible purchases
Westpac Altitude PlatinumVisa or MasterCard eligible purchasesAmerican Express eligible purchases
Commonwealth Bank Gold AwardsMasterCard eligible purchasesAmerican Express eligible purchases
St.George VertigoEligible purchases

Medium points earning Velocity credit cards

Here we’ve listed the credit cards that let you to earn up to 2 Velocity points per dollar spent on your eligible purchases.

Credit card0.5 pts/$11 pts/$11.25 pts/$12 pts/$1
American Express Velocity EscapeEverywhere elseVirgin Australia
American Express Velocity Gold Utilities, insurance, bills, government chargesOther purchasesVirgin Australia, major supermarkets and petrol stations
Virgin Australia Velocity High FlyerUncapped
American Express Velocity BusinessUtilities, insurance, bills, government chargesOther purchasesVirgin Australia

Citibank Rewards Signature
Domestic purchasesInternational purchases (2.6 points/$1)

High points earning Velocity credit cards

In the table below we’ve listed the credit cards that let you to earn up to 3 Velocity points per dollar spent on your eligible credit cards, however its important to note that it only applies to certain purchases.

Credit card0.5 pts/$11 pts/$12 pts/$13 pts/$1
American Express Platinum EdgeUtilities, insurance, bills, government chargesOther purchasesMajor petrol stationsMajor supermarkets
American Express Velocity PlatinumUtilities, insurance, bills, government chargesOther purchasesTravel expenses, overseas purchasesVirgin Australia, eligible restaurants

Learn more about velocity credit cards

How to earn bonus points using your Velocity credit card

Some credit cards have introductory offers attached to them offering you bonus points. However, these offers often always have terms and conditions attached to them, so always remember to read the fine print if an offer entices you.

Learn more about credit cards with bonus points

How to transfer your rewards points to Velocity points

To transfer your reward points into Velocity points, please log onto this page and follow the prompts.

How many velocity reward points can I get with my current rewards program?

Credit card provider1 Velocity Point2 Velocity Points
American Express
  • Ascent Premium points
  • David Jones points
  • Membership points
Diners Club
  • .5 Diner Club
  • .5 Citi points (Citibank Signature, Select and CitiBusiness)
  • Citi rewards (Silver, Gold, Classic, Platinum)
  • Altitude points
  • Commonwealth points
  • Amplify points
  • 2 Suncorp points
Bank SA
  • Amplify points
  • Amplify points
  • .25 ANZ points

These are just some factors you may want to talk into account when choosing what kind of credit card to use to earn points into the Velocity Frequent Flyer program. Velocity have a range of airline branded cards available and while there’s no clear winner as the decision depends on which card works with your circumstances.

Learn more about how to join Velocity for free

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Shirley Liu

Shirley is a personal finance journalist for She is passionate about educating readers about home loans and helping users navigate the area to find the best deal for their financial situation.

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Credit Cards Comparison

Rates last updated October 22nd, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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