Velocity to team up with a major bank (and enhancements coming)

[Bagpuss]

In today's release : https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g68yBH1v+F497FiGug=

Velocity will further enhance its customer proposition through key growth initiatives in the 2019 financial year, including a new partnership with a major bank, a new mobile app and the delivery of a range of other digital platforms to enhance member engagement.

 

[JeeJee]

Virgin’s cash cow Velocity didn’t seem to do well this time... Needs more than bank and apps!

 

[Pleb Status]

If VFF decide to launch their 'own' credit card, I hope it will be a bit more enticing than the QF premier offering...

 

[AustraliaPoochie]

I hope they keep VGW, (and its 1point:$3 Aust domestic spend, and won't dilute it to 1point:$4/$5 Aust domestic spend), its a good one for those who the major banks do not want to issue Visa cards with rewards to, debit/prepaid/reloadable side of things.
If its ala Bankwest and QF, then you have to put in $2k a month to avoid fees, on the Bankwest transaction account.
Would have thought that Velocity already quite a large footprint with NAB/Amex as it is, on their credit/charge cards side of things.

 

[theblank]

Would have thought that Velocity already quite a large footprint with NAB/Amex as it is, on their credit/charge cards side of things.

NAB no longer offer a Velocity credit card, was withdrawn from sale around Feb 2018

 

[AustraliaPoochie]

Ah, ta for that one Theblank.
Didn't realise that.
Can see why this tie up is now big news.

 

[Spacetravel]

I hope this is real enhancements coming, not "enhancements" that we all are too familiar with