Save money with 0% p.a. for 18 months on balance transfers. 2% balance transfer fee applies.
- 0% p.a. for 18 months on balance transfers with a 2% balance transfer fee.
- Earn bonus 10,000 Velocity points (need to hit the spend criteria)
- Pay half the annual fee in your first year (saving you $65).
- 1 pt per $1 spent up to a cap of $1,500 per month
Details
- Earn bonus 10,000 points when you spend $5,000 or more on retail purchases within the first 3 months of card approval.
- Earn Velocity Points at the standard rate of 1 pt per $1 spent up to a threshold of $1,500 per month.
- Exclusive Reduced Flights Benefit (ending 31 March 2016) will be replaced by an exclusive new $129 Virgin Australia Gift Voucher which cardholders get each year (scheduled to be introduced by mid-2016).
- Pay half the annual fee in your first year.
- Personal Concierge Service.
- Pay faster at the checkout using VISA payWave.
This used to be a great credit card but with the B1G1F flights ending and reduction in points earn to 0.66 points per dollar (down from 1/$) means it's not really worth it anymore. The $129 Virgin gift voucher is alright if you can talk your way out of the annual fee each year but since Tiger is frequently about that much cheaper on a return flight anyway it's not really a saving.
If you are getting it I'd recommend taking up the offer for $0 annual fee and 20k Velocity points rather than the balance transfer though - see here