Virgin Australia Velocity High Flyer Card Review
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Virgin Australia Velocity High Flyer Card Benefits
| Product Name | Virgin Australia Velocity High Flyer Card | |
|---|---|---|
| Balance Transfer Rate | 1.9% p.a. for 6 months | |
| Interest Rate on Purchases | 20.99% p.a. | |
| Offer end date | 30 June 2013 | |
| Annual Fee | $289 p.a. | |
| Interest Free Period | up to 44 days | |
| Interest Rate on Cash Advances | 20.99% p.a. | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$15,000 | |
| Max Credit Limit | $100,000 | |
| Minimum Monthly Repayment | 2% | |
| Credit Card Type | Visa | |
| Late Payment Fee | $10 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | No | |
| Joint Application | No |
The Virgin Australia Velocity High Flyer Card comes with some great benefits. You will earn Velocity points at a rate of 1.25 for every dollar that you spend. Points earning is uncapped so you can earn as many as you want to help get you in the air with Virgin Australia and other airline partners of the Velocity Rewards program.
Cardholders are also rewarded with free flights on Virgin Australia and free international travel insurance. You can book all of that travel with your very own personal concierge who is at your service all day, every day. If all of that was not enough, you can also use their balance transfer deal to help pay off your debt. Once that is done you still have an excellent spending card in your wallet.
The Virgin Australia Velocity High Flyer Card is one of the best deals for any traveller. The annual fee is $289, which is steep until you realise how many flights and perks you get for your money. Right off the top you can get four flights a year, so that annual fee is easily earned back from those trips alone.
Apply for the Virgin Australia Velocity High Flyer Card
Virgin Australia Velocity High Flyer Security
With most plastic you can feel reasonably assured that your data is relatively safe. But, when you have the Virgin Australia Velocity High Flyer Card you can be completely confident in their safety features. To begin with each one comes with the most technologically advanced chip and pin technology available. They also offer anytime customer service to help you should your plastic be lost, stolen, or used fraudulently. Along with that comes rapid replacement of your plastic, with none of the hassles that often come with getting them.
More importantly, you are also protected when you shop with advanced online security that helps ensure every transaction you make is absolutely secure. They also have the Fraud shield system in place to watch your card for any questionable transactions. If all else fails, it is backed by the Visa Zero Liability guarantee which means you will never be responsible for any transactions that are deemed fraud.
Other Virgin Credit Card Offers
Read the Virgin Australia Velocity High Flyer Card terms and conditions.
| Minimum Income | $75,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $15,000 | |
| Max Credit Limit | $100,000 |
| Annual Fee | $289 p.a. | |
|---|---|---|
| Balance Transfer Fee | 0% | |
| Minimum Repayment | 2% | |
| Late Payment Fee | $10 | |
| Over Limit Fee | $40 | |
| Overseas Cash Advance Fee | $5 | |
| Overseas ATM Withdrawal | $5 | |
| Foreign Currency Conversion Fee | 3.3% | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $89 |
Pros
- The High Flyer offers up to four 'buy one get one free' tickets for you and your family each year.
- The balance transfer offer of 1.9% interest charged for 6 months is competitive for a credit card in the platinum range.
Cons
- This card has a very high additional card holder fee of $89. You are eligible for up to four additional card holders on this account.
- The cash advance and purchase rates of interest are the same for this card. There is no difference in interest charged when you withdraw money from the ATM and when you use your card to make a purchase.
Read the Virgin Australia Velocity High Flyer Card terms and conditions.
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22 Responses to Virgin Australia Velocity High Flyer Card Review
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Hi, I’ve just about to receive my new Virgin Australia Velocity High Flyer card which I will be using to purchase stock for my online business. My question – Is Paypal payments funded by this card treated as purchases or cash advances? Thanks, Jon
Hi Jon
Thanks for your comment.
PayPal purchases are considered to be standard purchases charged at the standard variable purchase rate.
A cash advance is defined as a cash loan from a credit card using an ATM or bank withdrawal.
Cheers
Jeremy
Hi does it cost anything for an extra card ?
Hi Chris. Additional cardholders are $89 each. Cheers.
is a second card holder permitted on this card and if so are there purchases eligible for velocity points
Hi Lee. Additional cardholders are $89 each. Points will be earnt on eligible purchases made with all cards. The supplementary card will still be in the primary cardholders name.
Cheers.
What are the additional card holder fees?
Are de-facto partners covered under the travel insurance policy?
Hi,
Thanks for the question. An additional card holder fee is the fee incurred for adding another person to an existing credit card account. Virgin charge $89 for each additional card holder on the Virgin Australia Velocity High Flyer Card. De-facto partners are considered a spouse and are covered under the terms of the policy provided that the partner has been living with the primary card holder at the time of the start of the journey.
Cheers,
Jeremy
I am thinking of heading on a family holiday. Can I use the 4 free flights to purchase tickets for them?
Hi,
The tickets are buy one get one free. You would have to purchase two of the tickets on your High-Flyer Card and you will receive a two complimentary domestic flights for yourself or your family. Thanks.
Cheers,
Jeremy
Can you EFT and BPay bills from this card ?
Hi Michael. Thanks for your question. BPAY payments can be made via the Virgin Money website. They will be charged as either a cash advance or a purchase depending on whether the person or organisation you are trying to pay is registered as a BPAY biller. Electronic funds can be transferred to institutions, accounts in Australia and overseas accounts (for a fee). Cheers.
If I pay my quarterly tax using this card , is there any limit on the amount of points I can accrue and is it the same rate of points , no matter what amount of tax I pay ?
Hi Michael. Thanks for your question. With the Virgin High Flyer Credit Card 1.25 Velocity Points for each whole Australian dollar. To confirm, the terms and conditions defines an eligible transaction as: ‘Eligible Transaction means any Retail Purchase which is made by the use of a Card or
any other means permitted by us, excluding (but not limited to) Transactions by way
of Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign
currency and travellers cheques, interest charges, government charges, insurance
charges, payments to loan accounts, purchases in excess of limits on the Account,
transactions made in operating a business and if the Account is more than $10,000
in credit only, all other transactions’
Thanks for your question.
I am going on holidays with my wife, if I pay for the holiday on my Virgin Velocity High Flyer are we both covered by the travel insurance?
I note Virgin Travel Insurance has 4 different levels of cover for international travel, which one is the complimentary one on the Virgin Velocity High Flyer card?
I am considering applying for a Virgin High Flyer card and wish to know if direct debits for rental payments can be made from the credit card account to accrue FF points ? Thanks for your help with this.
Hi Paul. If it’s a BPAY payment it’s considered a retail purchase – if you provide your card number to the agent and they debit your account at regular intervals, it’s also considered a purchase and you’ll earn points. Thanks for your question.
My partner and I both have existing velocity membership. If we get 2 cards (additional cardholder) can we each earn points or does it only go to the primary card holder?
Hi Sarah. Thanks for your question. If you have a primary cardholder and an additional cardholder both cards will earn points for the one Velocity account that is registered to the card. Cheers.
What are the restrictions with the four free flights per annum with the Virgin Australia Velocity High Flyer Card?
Regards
Jeff Merrigan
Hi Jeff. Thanks for your question. For information on how this offer works, please refer to our article on the topic. Thanks.