Home Virgin Australia Velocity Flyer Card – Balance Transfer Offer

Virgin Australia Velocity Flyer Card – Balance Transfer Offer

If you want to pay off an existing debt, this Virgin Australia Velocity Flyer offer gives you 0% interest on balance transfers for the first 28 months. It also drops the first-year annual fee by $64. But if you’re still repaying your balance transfer after that, you’ll be charged interest at the cash advance rate – currently 20.99% p.a.

The Virgin Australia Velocity Flyer credit card also offers a Virgin Australia Gift Voucher worth $129 every year and earns Velocity Points on eligible transactions. It doesn’t offer interest-free days on purchases when you have a balance transfer, so it’s usually better to focus on paying that off before using the card for new purchases.

0% p.a.
Balance transfer rate for 28 months
(reverts to 20.99% p.a.)
20.74% p.a.
Purchase rate
Interest free for 12 months
$0
Annual fee
for 12 months ($129 p.a. thereafter)
$-26
Annual savings (year 1)
Based on $5,000 balance at 20.21% interest
Card overview
Rates & fees
Pros & cons
Overview
TypeVisa
Limits
Minimum Limit$6,000
Maximum Limit$100,000
Rewards
Rewards ProgramVelocity
Bonus Points0
Rewards Points Per $ Spent0.66
Rewards Points CapUncapped
Additional Card Holders
Additional Cardholder Fee$39
Number of Additional Cardholders4
Eligibility
Minimum Age18
Available To Temporary ResidentsNo
Minimum Annual Salary$35,000
Joint ApplicationNo
The good bits
My Pro Item 1
My Pro Item 2
My Pro Item 3
The bad bits
My Con Item 1
My Con Item 2
My Con Item 3
Balance Transfer Rate Details
Initial Balance Transfer Rate0% p.a.
Balance Transfer Fee0%
Initial Period28 months
Balance Revert Ratereverts to 20.99% p.a.
Annual Fees
Annual Fee (Year 1)$0
Annual Fee (Ongoing)$129 p.a.
Overseas Usage
Overseas Cash Advance Fee$5
Overseas ATM Withdrawal Fee$
Purchase Rate Details
Initial Purchase Rate20.74%
Initial Period12 months
Purchase Revert Rate20.74%
Cash Advance Charges
Cash Advance Rate20.99% p.a.
Cash Advance Fee2.7% or $2.70, whichever is greater
Repayments
Minimum Monthly Repayment2% of the closing balance or $30, whichever is greater
Late Payment Fee$30

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Frequently asked questions

Firstly, ask yourself why you need a credit card. Do you want to earn airmiles, transfer an existing balance to a lower (or 0%) interest rate? Once you are clear on the purpose, use our credit card comparison tool to find the one that meets your requirements.

It depends on what you want it for. What is good for the goose may not be good for the gander, as they say ion times gone by.

Our credit card comparisons tables will help you work out which card is better for you.

The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage.

Once you have found the card you think has most suited your individual requirements, click the “Apply now” button.

You will be transferred to the end providers application page where you will need to fill in an online application form. Your application will be assessed and then accepted or rejected.

We hope so! Our individual credit card overviews will give you an idea of application success. Some cards require a minimum annual salary for example.

If you are a temporary resident, you will need to check our credit card guides to make sure you are legible for the card you have chosen.

Your application could be rejected for a number of reasons. The most likely however, is your personal credit score.

If you are someone that has debt, or has not paid off debt regularly with a previous credit card provider, your application can be rejected.

It may also be that the credit card you are applying for requires you to earn a minimum annual salary that is over what you currently earn.

There are plenty of options available to you on this website. Have a further look through, and try again.

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