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

Discussion in 'Virgin Australia Velocity' started by Warks, Oct 14, 2015.

  1. Warks

    Warks Established Member

    Oct 9, 2003
    2,106
    806
    Sydney
    Got this email today. Surprised no one else has posted. Time to ditch another card?

     
    Registered Users have the option of removing this and all other advertisementsMore…


  2. Warks

    Warks Established Member

    Oct 9, 2003
    2,106
    806
    Sydney
    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.
     
  3. Lizzi

    Lizzi Member

    Aug 18, 2012
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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 :)
     
  4. Blackswan

    Blackswan Member

    Jan 30, 2008
    496
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    Perth
    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.
     
  5. Mark3000

    Mark3000 Active Member

    Apr 3, 2014
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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
     


  6. Alanslegal

    Alanslegal Senior Member

    Jun 22, 2007
    5,231
    1,362
    Sydney
    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.
     
  7. smit0847

    smit0847 Established Member

    Aug 24, 2011
    4,041
    1,401
    Melbourne
    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    Min spend is too high
     
  8. Dr Ralph

    Dr Ralph Senior Member

    Jan 21, 2014
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    It is high, for not a great return. Too many other cards with less spend and higher returns currently available.
     
  9. 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.
     
    • Like Like x 1
  10. Warks

    Warks Established Member

    Oct 9, 2003
    2,106
    806
    Sydney
    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    $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.
     
  11. psi999

    psi999 Member

    Nov 19, 2009
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    Agreed 10k is unobtainable for most - 3 months from card approval - might only get 2.5 months to hit that spend if Citibank are slack getting it out.

    Ye olde Citibank Signature converted over on a 15% transfer special will give an effective earn rate of 1.15PPD - hopefully Citibank will offer this again 'annual fee free for life' for those who didn't pick it up the last couple of times.... Such a fantastic deal for a Visa.
     
  12. andye

    andye Established Member

    Jan 14, 2013
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    Re: Velocity Visa offer Earn up to 40,000 bonus Velocity Points and a $150 flight vou

    The other thing to remember is that it is a direct sweep card. You can usually get an additional 15% on non-sweep cards to Velocity with the regular transfer bonuses (and maintain flexibility to other programmes)
     

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