Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight voucher

 
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  1. #1
    Established Member Warks's Avatar
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    Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight voucher

    Got this email today. Surprised no one else has posted. Time to ditch another card?

    Earn up to 40,000 bonus Velocity Points and a $150 flight voucher.
    If you love to travel, the Virgin Australia Velocity High Flyer Card is for you. Combining bonus Velocity Points, Points earn on everyday spend, flight benefits and a flight voucher this is one seriously rewarding credit card.
    Seriously rewarding benefits:

    • Earn 1.25 Velocity Points per $1 spent, uncapped.2 Put them towards flights, accommodation and more.
    • Earn 10,000 bonus Velocity Points when you make a retail purchase within 3 months of card approval.1
    • Earn an additional 30,000 bonus Velocity Points AND a $150 Virgin Australia gift voucher when you spend $10,000 or more within 3 months of card approval.1
    • Enjoy a range of complimentary insurances3 including International Travel Insurance, Interstate Flight Inconvenience Insurance and more.
    • Save on interest with 1.9% p.a. for 12 months on balance transfers4(reverts to cash advance rate after this period).

    If you love to travel and enjoy seriously rewarding benefits, the Virgin Australia Velocity High Flyer Card is for you.

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  3. #2
    Established Member Warks's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    156 views and not a reply [shouting into the wind] - didn't anyone else get this? I wonder if it's worth it. As it's not Amex I'd be more likely to use it given all the restrictions on Amex.

  4. #3
    Member Lizzi's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    There are quite a few threads about this card if you search the forums. Looks like there was a signup bonus earlier in the year for 60k and 150SC.

    I got the same email as you, even though I've had this card for almost 4 years! I'm amused that they no longer tout the "four reduced price flights per year on saver" as a selling point, since they devalued it from 2for1.

    I find it a useful card, because of the restrictions on amex, and I do occasionally use the reduced companion rate, although if Flexi was still allowed, I'd be using all of them! YMMV of course

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  6. #4
    Member Blackswan's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    $10,000 in three months is too much of an ask, for me.

  7. #5
    Member Mark3000's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    1.25 points per dollar for a visa is the highest I can think of apart from Citi Prestige

  8. #6
    Senior Member Alanslegal's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    1.25 per $1 is good, that converts to 0.92 KF per dollar but the 10k spend is too much discretionary spending for too little time.

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  10. #7
    Established Member smit0847's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    Min spend is too high

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  12. #8
    Senior Member Dr Ralph's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    Quote Originally Posted by Blackswan View Post
    $10,000 in three months is too much of an ask, for me.
    It is high, for not a great return. Too many other cards with less spend and higher returns currently available.

  13. #9
    Member theevilmuppet's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    One thing that continually frustrates me (and I suspect others) is the complete lack of loyalty benefits for those of us who hold on to cards. When the 60K points + 150 SC offer was made, I complained to Virgin Money (as a current card holder) and was given a 10K point retention incentive.

    Let's all hope that the introduction of positive credit reporting will change the mindset of card issuers in this country.
    Lizzi likes this.

  14. #10
    Established Member Warks's Avatar
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

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    $10K is not a huge stretch for our household - think we spend that on Woolies bills!

    I probably won't bother as I can't be troubled going through the application process yet again. Plus ditching another card to make space.

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