Greetings all. Here is my first contribution to the Ozbargain community.
Virgin Money currently have TWO promotions running at the moment when you signup for one of their Visa credit cards.
Its been roughly a year since I've taken up the AMex 100K velocity F/F bonus. With my Amex coming up for renewal, I think I might give it a miss and go with the Virgin 50K deal.
Option 1:
50,000 Velocity points bonus on offer with High Flyer Visa.
$289 annual fee
Highlights:
- Up to 50,000 Velocity points (10,000 bonus points for every month you spend $3,000 or more in the first 5 months)
- $129 Virgin Australia flight credit voucher and 2 lounge passes
- 1 Velocity Points earned per $ spent, with 10,000 Points per month cap
- 0% p.a. on balance transfers for 6 months
Option 2:
30,000 Velocity points with Velocity Flyer Visa.
1/2 annual fee in first year ($65) - normally $129
Highlights:
- 30,000 Velocity Point sign up bonus
- $129 Virgin Australia flight credit
- 1/2 the annual fee for first year, usually $129 p.a
- 0.66 Velocity point earned per $ spent
- 10,000 bonus points for every month you spend $1,500 or more in the first 3 months
- 0% p.a. on balance transfers for 6 months
$15k spend over 5 months for 50k points! No deal. Also its not actaully 30k signup so you might want to make changes to your post.