From frequent flyer rewards cards to low rate and no annual fee options, Virgin Money credit cards offer something for every type of spender. Depending on the card you choose, you could also get an introductory 0% interest rate on balance transfers or purchases, bonus points and platinum perks such as complimentary insurance and flight vouchers.
Virgin Money was also recognised in the Finder Credit Card Awards for 2023, with the Virgin Australia Velocity High Flyer named as highly commended in the Best Frequent Flyer Credit Card - Velocity category.
Virgin Money Credit Card Offer
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months on balance transfers $0 first-year annual fee
Offer ends 31 January 2024
Eligibility criteria, terms and conditions, fees and charges apply
Virgin Money Credit Card Offer
Save with a long-term balance transfer rate and $0 annual fee for the first year. Plus, earn Velocity Points for your spending.
0% p.a. interest for the first 24 months on balance transfers
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
The Virgin Australia Velocity Flyer and High Flyer credit cards earn Velocity Points for every $1 you spend on eligible purchases. These points are added to your Velocity account, where you can redeem them for flights with Virgin Australia and other airline partners, accommodation, gift cards and items from the Velocity Rewards Store.
Similar to other Velocity credit cards, you could also get bonus Velocity Points offers with a new Velocity Flyer or High Flyer card. But these cards also stand out from other frequent flyer options by offering a $129 Virgin Australia gift voucher each year.
Premium credit cards
The Virgin Australia Velocity High Flyer is a top-tier rewards card that offers a higher earn rate than the Velocity Flyer, with 1 Velocity Point per $1 on eligible purchases up to 8,000 per month, then 0.5 Velocity Points for every $1 spent.
It also offers 2 complimentary single-entry Virgin Australia domestic lounge passes each year and complimentary travel insurance. While its standard annual fee of $289 is similar to other premium rewards cards, make sure you consider whether the benefits will outweigh the cost of it.
Balance transfer credit cards
If you have existing debt you want to pay off, a Virgin Money balance transfer credit card could help you save on interest charges by offering a competitive introductory interest rate, such as 0% for up to 24 months. After that, a standard interest rate will apply to any balance remaining from the transfer.
With Virgin Money, you can balance transfer up to 80% of your available credit limit from credit cards, store cards, personal loans and lines of credit held with other Australian financial institutions. But keep in mind that no interest-free days apply to purchases when you're paying of a balance transfer on a Virgin Money credit card.
No annual fee credit cards
The Virgin No Annual Fee Credit Card gives you a way to save on credit card costs with an ongoing $0 annual fee. In comparison, credit cards with annual fees typically charge between $25 and $1,450. This card's 18.99% p.a. variable interest rate for purchases is also competitive with other no annual fee cards.
Low rate credit cards
Virgin's Low Rate credit card is designed to help you save on interest charges, offering a low variable purchase rate of 11.99% p.a. It also has an annual fee of $99 and contactless payment options through Visa payWave.
Benefits you can get with a Virgin Money credit card
Velocity Frequent Flyer Points
If you get a Virgin Australia Velocity Flyer or High Flyer credit card, you'll earn Velocity Points for every $1 of eligible spending. You could also get with enough Velocity Points for a reward flight through an introductory bonus points offer if you meet the requirements. And you can earn extra points by using your frequent flyer credit card with Velocity partners.
Virgin Australia flight voucher - Velocity Flyer and High Flyer cards
Both the Virgin Australia Velocity Flyer and High Flyer credit cards offer you a $129 Virgin Australia gift voucher every year you have the card. All you have to do is make a retail purchase with your card 2 months before requesting your voucher through the Virgin Money website. You'll then be issued with a $129 Virgin Australia gift voucher in the form of a Virgin Australia Travel Bank credit.
Your complimentary $129 voucher can be used towards booking Virgin Australia flights on all fare types including sale fares. It can also be used on selected Virgin Australia Holidays' packages and must be used within 12 months of its issue date. Even though you only have a year use the voucher, your travel dates can be any time – including after the expiry – as long as you book before that date.
Visa credit card perks
Virgin Money credit cards can be used in over 200 countries around the world through the Visa card network, including for contactless payments. You also get access to Visa Offers + Perks, a free platform with travel, shopping, dining and entertainment offers available when you use an eligible card. And protection with Visa's Zero Liability Policy for fraudulent transactions.
Mobile wallets
If you have an Apple Pay, Google Pay or Samsung Pay account, you can add your Virgin Money credit card and make payments straight from your smartphone or other devices.
How to apply
You can apply for a Virgin Money credit card online in around 10 minutes by filling in a secure application form on the website. Alternatively, you can apply over the phone by calling Virgin Money on 13 37 39. To get started, make sure you meet the eligibility requirements and have your relevant information ready for the application.
Eligibility requirements
Age. You must be at least 18 years old to apply for a Virgin credit card in Australia.
Residency status. You'll need to be an Australian citizen or permanent Australian resident.
Minimum income. Depending on the card, you'll need to meet a specific income requirement to qualify for the card.
Credit rating. You'll need a good credit history to receive approval.
Documents and details
Personal details. You’ll need to provide basic personal information like your address and date of birth. You’ll also need to verify your identity using an accepted form of identification such as your drivers licence number.
Employment details. This covers your main income, employment status and your employer's contact details. You may also need to provide supporting documentation such as recent payslips or tax assessment notices.
Financial details. You also need to include details of your living expenses, as well as any other assets, credit cards, loans or other liabilities.
Credit card details. If you're applying for one of the Velocity Point-earning credit cards, you'll need to provider your Velocity Frequent Flyer details. And if you're applying for a balance transfer, you'll need to include details of the account/s you want to transfer a balance from.
After you've submitted your application online, you should get a response in moments. If you have any questions, contact Virgin Money on 13 37 39.
Credit card brands similar to Virgin Money
If you want frequent flyer points and travel perks, here are 3 other credit card providers you could compare with Virgin Money:
If you have a Virgin Australia Velocity Flyer or Velocity High Flyer credit card, follow these steps to get the $129 gift voucher:
Wait 30 days from your card approval date. If it's after the first year, you'll need to wait 30 days from the anniversary of when your card was approved.
Make a retail purchase 2 months before requesting the voucher. You can make any retail purchase, as long as it's within the 2 months before you request your gift voucher.
Request the $129 Virgin Australia gift voucher. The Virgin Money website has a dedicated request page for the $129 gift voucher. Follow the prompts and wait for details of the Virgin Australia Travel Bank account.
Make a booking within 12 months. Once the $129 Virgin Australia gift voucher has landed in your Travel Bank account, you can book flights through the Virgin Australia website or by calling 13 67 89. If you want to use the gift voucher for a holiday package, call Virgin Australia Holidays on 13 15 16. Before you pay, make sure you log in to your Travel Bank account or tell the person on the phone that you want to use the gift voucher.
Remember, you can only use the $129 Virgin Australia gift voucher once per year and need to book within 12 months of when your Virgin Australia Travel Bank account is updated. If you don't use your voucher, the value won't rollover to future years, so it's worth keeping it in mind whenever you're planning a trip.
When you apply for a Virgin Money credit card, you can request a balance transfer from an existing Australian credit card, store card, personal loan or line of credit held with another financial institution.
Virgin Money is a division of Bank of Queensland and its credit cards are issued by NAB following its Citigroup acquisition.
Your credit limit refers to how much money you'll have access to on your Virgin credit card. During your application, you can nominate a specific credit limit or let Virgin Money assign a credit limit for you. Note that the credit limit you're approved for will depend on factors such as your income and credit history, so you may not always get the limit you request. You can also apply for a credit limit increase if you've demonstrated the ability to repay further into your card ownership.
You can request an additional cardholder when you apply for your Virgin credit card. You'll need to provide the person's name, date of birth and other personal details as part of the application.
If you’re an existing Virgin credit card account holder, you can request to add a supplementary card on your account by submitting an additional cardholder request form, which is available from the Virgin website. It may take up to 10 business days to process and issue an additional cardholder request.Please note that if the additional card incurs an annual fee, it will be charged to the primary cardholder's account when the supplementary card is issued. If you're the primary cardholder, you'll also be responsible for all charges on the account.
You have the following options to make repayments on a Virgin Money credit card.
Direct debit. Go to the Virgin Money website to complete and submit a Virgin Money Direct Debit Auto Pay Application Form. This method of payment allows you to automatically pay your entire account balance, just the minimum repayment or a specific amount when your statement comes. The money is taken from a savings or transaction account linked to your Virgin credit card account.
BPAY.You can pay your Virgin credit card from another lender’s internet banking facility using BPAY. The Virgin Money BPAY biller code is 49551 and your customer reference number is your 16-digit credit card number.
Cheque. Virgin credit card statements are currently issued with a payment slip. Complete this form and mail it with a cheque to Virgin Money at GPO Box 4299, Sydney NSW 2001. Make the cheque payable to your Virgin Money credit card account number and be sure to include the name of the credit card (e.g. Virgin Australia Velocity Flyer Card). Make sure you write your account number on the back of the cheque. Also keep in mind that the Reserve Bank of Australia is phasing out cheques over the next few years.
In person at Australia Post. You can pay your Virgin Money credit card at Australia Post using cash or EFTPOS.
Important: Make sure you leave enough time for a payment to be processed before the due date on your statement. For example, it may take 48 hours for Australia Post payments to show up on your account balance.
If you have lost your credit card or it has been stolen, contact Virgin 24/7 on 13 37 39 (or +6 12 8288 2222 if you’re overseas). A member of the Virgin Money team will block your card and arrange for a new one to be sent out to your location.
When you get your new credit card, you'll be able to sign up for a Virgin Money online banking account using these steps:
Go to virginmoney.com.au and look for the "Login" icon in the top right-hand corner of the screen.
Hover your mouse/cursor over the "Login" icon. A menu will appear showing all the different options.
Click on "Credit Cards" in this menu. You'll then be taken to the Virgin Money credit cards login page.
Hit the "Register" button above where you would enter your login details (if you had them).
Follow the prompts to complete your online account registration.
Once you have registered, you can also login to your Virgin credit card account by following steps 1-3 and then entering the login details provided when you registered.
For each statement you get, you're required to pay a minimum repayment of at least 2% of the closing balance or $30, whichever is greater. You must pay this amount by the due date listed on your credit card statement or you'll incur a late payment fee. However, if you want to avoid collecting interest, you should pay your balance in full before this due date.
If you have a Virgin Australia Velocity Flyer or High Flyer credit card, the points you have earned for your eligible spending will be calculated at the end of each statement period. Points will then be transferred to your Velocity account within three business days from the end date on your statement.
Amy Bradney-George is the senior writer for credit cards at Finder, and editorial lead for Finder Green. She has over 14 years’ experience as a journalist, with a particular focus on personal finance, and has been featured in publications including ABC News, Money Magazine and The Sydney Morning Herald.
The Virgin Australia Velocity High Flyer has a bonus Velocity Points offer, lounge passes and a yearly flight benefit. So is it worth the $289 annual fee?
Earn Velocity Points as you spend and save with 0% interest on purchases and balance transfers for 14 months with the Virgin Australia Velocity Flyer Card.
Hi Frank,
If your wife meets the eligibility requirements for a credit card, she can apply as the primary cardholder and get her own account. I hope that helps.
I am wanting to change credit cards. I am looking for a card with 0% interest for at least 12 months, the lowest transfer or no transfer fee if possible, a rewards card that allows me to collect qantas points and possibly that allows me to consolidate a personal loan with the credit card debt. Is there a card that will suit all or most of these needs?
Virgin Money credit cards prohibit gambling transactions. Please check our guide about gambling transactions and credit cards for more information on the credit cards that you can and cannot use for gambling transactions.
There will be a 3.3% foreign conversion fee and $5 cash advance fee for Virgin credit cards if used abroad.
You can compare other credit cards with no foreign transaction fees. Please ensure to read through the relevant product disclosure statement and terms and conditions of your credit cards to ensure that you got everything covered on your transactions.
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Can my wife obtain a credit card in her own right and not as a secondary holder ?
Hi Frank,
If your wife meets the eligibility requirements for a credit card, she can apply as the primary cardholder and get her own account. I hope that helps.
I am wanting to change credit cards. I am looking for a card with 0% interest for at least 12 months, the lowest transfer or no transfer fee if possible, a rewards card that allows me to collect qantas points and possibly that allows me to consolidate a personal loan with the credit card debt. Is there a card that will suit all or most of these needs?
Hi Lydia,
Thanks for your question.
We have a guide that lets you explore credit cards for personal loan consolidation. Several options meet your no balance transfer fee and 0% balance transfer criteria. However, only the Citi Qantas Signature Credit Card allows you to earn Qantas points.
Cheers,
Anndy
Can I balance transfer from ANZ to Virgin?
Hi Chris,
Thanks for your question.
Yes, you may transfer a balance from ANZ to a Virgin Money credit card, subject to certain eligibility criteria.
You may also visit our guide that discusses which bank you can balance transfer to.
Cheers,
Anndy
I have your credit card but I cannot deposit money onto my Pokerstars account? Please explain why I can’t deposit to online gambling? Thanks.
Hi Nick.
Thank you for your inquiry.
Virgin Money credit cards prohibit gambling transactions. Please check our guide about gambling transactions and credit cards for more information on the credit cards that you can and cannot use for gambling transactions.
I hope this helps.
Cheers,
Jason
What fees do I incur if I use my Virgin Credit Card (Visa) when travelling overseas – eg: India.
Hi Miriam,
Thanks for your inquiry.
There will be a 3.3% foreign conversion fee and $5 cash advance fee for Virgin credit cards if used abroad.
You can compare other credit cards with no foreign transaction fees. Please ensure to read through the relevant product disclosure statement and terms and conditions of your credit cards to ensure that you got everything covered on your transactions.
I hope this helps.
Cheers,
Debbie