Virgin Money credit cards

Compare features, interest, fees, earn rates, bonuses, and benefits for Virgin Money’s credit cards. Get informed before applying.

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Updated 28 Nov 2024   |   Rates updated regularly

Comparing of 6 Virgin Money credit cards

Virgin Australia Velocity High Flyer Credit Card

Virgin Australia Velocity High Flyer Credit Card

Balance transfer

12 months at 0% p.a.

Purchase rate

20.74% p.a. ongoing

Interest-free days

44 days

Annual fee

$329.00 p.a. ongoing

Highlights

  • Earn up to 80,000 bonus Velocity Points upon spending $3,500 on eligible purchases within 2 months of card approval. Terms and conditions apply.
  • Receive a $129 Virgin Australia Gift Voucher every year, giving you savings on flights and making travel more affordable.
  • Comes with International Travel Insurance and Extended Warranty Service, providing peace of mind and protection for your purchases and travels.

Pros

  • Earn up to 80,000 bonus Velocity Points when you meet the criteria.
  • Earn 1 Velocity Point per $1 spent on eligible transactions up to $8,000 and 0.5 points per $1 on spending thereafter.
  • Two single entry passes for Virgin Australia domestic lounges every year.
  • Earn 100 Bonus Status Credits each year when you book a Virgin Australia flight.
  • Talk to a personal concierge with Visa Signature, making it easier to get expert assistance when you travel.
  • Get a credit limit of up to $100,000 for larger purchases and expenses.
  • Works with Apple Pay and Samsung Pay.

Cons

  • The ongoing annual fee of $329 p.a.
  • Earn rate is tiered, although the base tier is enough for more people.
  • Only up to 44 interest-free days on purchases.
  • There's an annual fee per additional card.
Virgin Money Anytime Rewards Credit Card (Virgin Money Points offer)

Virgin Money Anytime Rewards Credit Card (Virgin Money Points offer)

Balance transfer

12 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$149.00 p.a. ongoing

Highlights

  • Earn 80,000 bonus Virgin Money Points when you spend $3,000 on eligible purchases within 3 months of card approval. Terms and conditions apply.
  • Earn 1 Virgin Money Point for every $1 you spend.
  • You can also earn additional points when you spend at The ICONIC, Menulog and more.
  • There is no limit to the points you can earn.

Pros

  • Earn 80,000 bonus Virgin Money Points when you meet the criteria.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Visa Platinum Concierge Service offers the convenience of a personal assistant at your fingertips
  • Visa Platinum Benefits give you priority access to Australia’s top concerts, shows, and sports events before pre-sales and public release.
  • Up to 55 interest-free days.
  • The credit limit starts at $6,000.
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • The ongoing annual fee of $149 p.a.
  • Does not include complimentary international travel insurance.
  • Cash advance rate is 20.99% p.a.
Virgin Money Anytime Rewards Credit Card (Balance transfer offer)

Virgin Money Anytime Rewards Credit Card (Balance transfer offer)

Balance transfer

24 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$149.00 p.a. ongoing

Highlights

  • 0% p.a. interest for 24 months on balance transfers (1% transfer fee applies). Reverts to cash advance rate of 20.99% p.a.
  • Earn 1 Virgin Money Point for every $1 you spend.
  • There is no limit to the points you can earn.

Pros

  • You can also earn additional points when you spend at The ICONIC, Menulog and more.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Visa Platinum Concierge Service offers the convenience of a personal assistant at your fingertips
  • Visa Platinum Benefits give you priority access to Australia’s top concerts, shows, and sports events before pre-sales and public release.
  • Up to 55 interest-free days.
  • The credit limit starts at $6,000.
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% BT fee.
  • The ongoing annual fee of $149 p.a.
  • Does not include complimentary international travel insurance.
  • Cash advance rate is 20.99% p.a.
Virgin Money No Annual Fee Credit Card

Virgin Money No Annual Fee Credit Card

Balance transfer

N/A

Purchase rate

6 months at 0% p.a.

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Highlights

  • A straightforward card with a $0 annual fee.
  • 0% p.a. for 6 months on purchases (reverts to 19.99% p.a.).
  • Comes with the usual security features such as Fraudshield, Zero Liability policy and more.

Pros

  • No annual fee ever.
  • Up to 4 additional cards, also with a $0 annual fee.
  • Access to promos of merchant partners using the Virgin Money app.
  • Get up to a $100,000 credit limit for big purchases and expenses.

Cons

  • The revert interest rate for purchases is relatively high.
  • There’s no introductory balance transfer offer, but it’s offset by a competitive purchase rate offer.
Virgin Australia Velocity Flyer Credit Card (Balance transfer offer)

Virgin Australia Velocity Flyer Credit Card (Balance transfer offer)

Balance transfer

24 months at 0% p.a.

Purchase rate

20.74% p.a. ongoing

Interest-free days

44 days

Annual fee

$0.00 for 1st year

Highlights

  • 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee. Reverts to the cash advance rate at 20.99% p.a.
  • Earn 0.66 Velocity Points per $1 on eligible spending up to $1,500 per statement period, then 0.5 points per $1 after that.
  • Earn an extra Velocity Point for every dollar spent directly with Virgin Australia using your Flyer Credit Card.

Pros

  • Receive a $129 Virgin Australia Gift Voucher every year, giving you savings on flights and making travel more affordable.
  • Redeem points for cashback, gift cards, Velocity Frequent Flyer transfers, partner hotel stays, or to pay off purchases.
  • Includes Purchase Protection and Extended Warranty Insurance.
  • Comes with security features such as Fraudshield, Zero Liability policy and more.
  • Compatible with Apple Pay, Google Pay and Samsung Pay.

Cons

  • The ongoing annual fee of $129 p.a.
  • The earn rate drops to 0.5 points per $1 after $1,500 in a statement period.
Virgin Money Low Rate Credit Card

Virgin Money Low Rate Credit Card

Balance transfer

15 months at 0% p.a.

Purchase rate

12.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$99.00 p.a. ongoing

Highlights

  • 0% p.a. for 15 months on balance transfers with a 3% BT balance transfer fee. Reverts to the cash advance rate at 21.69% p.a.
  • The low ongoing purchase rate of 12.99% p.a. helps reduce interest costs on everyday spending.
  • Compatible with Apple Pay, Google Pay and Samsung Pay.

Pros

  • 0% p.a. for 15 months on balance transfers.
  • Earn Virgin Money Bonus Points using the Virgin Money app.
  • Comes with the usual security features such as Fraudshield, Zero Liability policy and more.

Cons

  • There is a 3% BT fee.
  • If you want additional cardholders, it will cost $29 p.a. per cardholder.
  • Doesn't earn Velocity Points as typical for a low-rate card.

More about Virgin Money credit cards

Details about how their cards work and how you can make the most of yours.

  • FAQs

Can I get a Virgin Money credit card without switching from existing bank account?

Yes. Your credit card account and bank account are two separate entities. You can keep using your existing bank account as usual. You do not need to switch.

Will I be able to manage my card online or via phone?

Yes. Virgin have online banking. You can use it to check your balance, view recent transactions, send a payment, etc. You can also manage your account via telephone.

What cards do they offer and who are they suited to?

The Virgin Money No Annual Fee credit card comes with no annual fee and up to 44 days interest-free on purchases, as well as a low balance transfer rate.

The Virgin Money Low Rate Card does have an annual fee, but the ongoing purchase rate is among the lowest in the marketplace.

The Virgin Australia Velocity Flyer Credit Card is a rewards credit card linked to the Velocity Frequent Flyer program and has a low balance transfer rate. The annual fee is higher than their no annual fee / low rate cards but this could be offset by the Velocity Points and flight benefits with Virgin Australia.

The Virgin Australia Velocity High Flyer Credit Card is a premium credit card offering valued customers a range of generous rewards and benefits. It does come with a higher annual fee however this is offset by benefits including one of the highest Velocity Points earn rates around, plus it’s uncapped. You’ll also receive a range of complimentary insurance, flight benefits and more.

How do I earn Velocity Frequent Flyer points with a Virgin Money card?

Customers will need apply for a card that earns points into the VFF scheme. Typically you can earn points on retail purchases as you spend on your credit card.

How are points transferred to my Velocity Frequent Flyer account?

Points are calculated at the end of each statement cycle. Points are automatically credited to the Velocity Frequent Flyer account within three business days of the end of a statement cycle.

Do Velocity points expire?

Points do not expire as long as you maintain your Velocity membership. You can keep your account active by earning or redeeming points.

What can I redeem Velocity points for?

Domestic and international flights to numerous destinations with Virgin Australia, V Australia, Pacific Blue, Polynesian Blue and other international Velocity partners. You can also exchange Velocity Frequent Flyer points for accommodation at selected hotels and resorts, car rentals, gift cards and vouchers, and various other products.

    As seen on

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