Best Virgin Australia Velocity credit card sign-up offers

Boost your Velocity Points balance with our roundup of the best credit card sign-up deals, beginning at a sizeable 100,000 points.

By Chris Chamberlin, November 6 2019

Fancy earning enough Virgin Australia Velocity frequent flyer points for up to 24 business class upgrades from a single credit card application? If so, you won't want to miss this month's hottest deals, which place up to 100,000 bonus Velocity points on the table.

Across cards issued by American Express, ANZ, Bank of Melbourne, BankSA, Citibank, Commonwealth Bank, NAB, St.George, Virgin Money and Westpac, here are November's most points-laden personal Velocity credit card sign-up offers.

15 best Virgin Australia Velocity Frequent Flyer credit card sign-up offers

1. American Express Westpac Altitude Black Bundle

Sign-up Bonus: Apply for the American Express Westpac Altitude Black Bundle by March 31 2020, opt for the Altitude Velocity program and spend $4,000 on eligible purchases within 90 days of card approval using the Altitude Black Mastercard to earn 80,000 bonus Velocity Points.

Separately, you can pocket 20,000 bonus Velocity Points after spending $3,000 on eligible purchases using the American Express Westpac Altitude Black Card within 90 days of card approval, giving you a grand total of up to 100,000 bonus Velocity Points overall, when you take advantage of both offers.

Rewards: Under the Altitude Velocity rewards scheme, the American Express Westpac Altitude Black Card delivers 1.25 Velocity Points per $1 spent on most everyday purchases within Australia, except for government spend which earns 0.5/$1. All overseas purchases on this card in a foreign currency provide 2 Velocity Points per $1 spent.

Using the Altitude Black Mastercard, eligible transactions at home and abroad earn a flat 0.75 Velocity Points per dollar spent, except for government spend which earns no points.

Annual Fee: $250 for the Mastercard, plus a $50/year Velocity Rewards fee when earning Velocity Points via the Altitude Velocity program. The AMEX has its own $99 annual fee in the first year, reverting to $199 from the second year.  No additional cardholder fee.

2. St.George Amplify Signature Visa with Amplify Points

Sign-up Bonus: Apply online for the Amplify Signature with Amplify Points card by February 12 2020 and spend $12,000 on eligible purchases each year for the first two years, to unlock up to 200,000 bonus Amplify Points: awarded as 130,000 points in year one, and 70,000 points in year two. With Amplify Points converting to Velocity at a 2:1 rate, that's a reward of up to 100,000 bonus Virgin Australia Velocity points.

Rewards: Earn the equivalent of 0.75 Velocity points per $1 spent, uncapped: further boosted to 0.825 Velocity points per dollar spent via St.George's 'birthday bonus', being a 10% bonus counted on all the points earned via the card over the past year (or part-year, for new customers), except on the already generous sign-up bonus.

Annual Fee: Pay a reduced annual fee of $139 in the first year, reverting to $279 thereafter. No additional cardholder fee.

This same bonus points and reduced annual fee offer is also available on the near-identical Bank of Melbourne Amplify Signature Visa with Amplify Points and the BankSA Amplify Signature Visa with Amplify Points credit cards when applying online.

3. Virgin Australia Velocity High Flyer Card

Sign-up Bonus: Get things started by applying before December 2 2019, and after approval, you can earn 25,000 bonus Velocity points in each of the first three months, when at least $3,000 is spent on the card in that month – up to 75,000 bonus Velocity points in total at the end of month three. Plus, earn an extra 25,000 bonus Velocity points after your first card anniversary, for an all-out bounty of up to 100,000 bonus Velocity points.

Rewards: Collect one Velocity point per $1 spent up to $8,000 per month, and 0.5 Velocity points per $1 spent thereafter: except on government and government-related charges, which don't earn points.

Annual Fee: $289, for which you'll also receive a $129 Virgin Australia flight voucher plus two Virgin Australia lounge passes every year.

4. Westpac Altitude Black Mastercard

Sign-up Bonus: Separate to the Altitude Black Bundle offer above, Westpac's Altitude Black Mastercard is also available as a standalone product (without the AMEX), and right now, comes with 80,000 bonus Velocity Points for eligible new customers who apply by March 31 2020, choose the 'Altitude Velocity' rewards option and spend $4,000 on purchases within 90 days of card approval.

Rewards: Eligible purchases generate 0.75 Velocity Points per $1 spent, excluding ATO payments.

Annual Fee: A $250 annual card fee applies, plus the bank's $50/year Velocity Rewards fee to earn Velocity Points, although there's no extra charge for an additional cardholder.

5. ANZ Rewards Travel Adventures Card

Sign-up Bonus: Take off with 75,000 bonus Velocity Points if you apply and spend $2,500 on eligible purchases in the first 3 months of approval.

Rewards: Earn 1.5 ANZ Reward Points (0.75 Velocity points) per $1 spent on eligible purchases up to and including $2,000 per statement period, and 0.5 ANZ Reward Point (0.25 Velocity points) per $1 spent above $2,000 per statement period.

Annual Fee: $225, with a $65 fee per additional cardholder per year. However, the card also includes a complimentary return economy domestic flight operated by Virgin Australia (if you spend $500 on purchases in the first 3 months from approval), each year until the card is cancelled.

Bank disclaimer: To apply for this credit card, you must:
-Be 18 years of age or over, and;
-Be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your visa.

Bank disclaimer: New card. Limited time. Spend and eligibility criteria, T&Cs, fees and charges apply (including annual fee currently $225).

6. American Express Westpac Altitude Platinum Bundle

Sign-up Bonus: This two-card package tempts with up to 75,000 bonus Velocity points, with that bounty divided across eligible spends on both cards.

Apply by March 31 2020, opt for 'Altitude Velocity' and spend $3,000 on eligible purchases within 90 days of card approval using the Westpac Altitude Platinum Mastercard to unlock 60,000 bonus Velocity points.

Separately, spend $3,000 on eligible purchases within 90 days of card approval using the AMEX Westpac Altitude Platinum Card to receive 15,000 bonus Velocity Points, being up to 75,000 bonus Velocity points in total.

Rewards: Using the American Express Westpac Altitude Platinum Card, cardholders can earn 1 Velocity Point per $1 spent on most purchases in Australia, except for government spend which earns 0.5/$1. All international transactions instead earn 1.5 Velocity Points per $1 spent.

On Westpac's Altitude Platinum Mastercard, there's instead a flat earn rate of 0.5 Velocity Points per $1 spent both at home and abroad, excluding government spend in Australia (no points earned).

Annual Fee: There's a $50/year Velocity Rewards fee to be paid when earning Velocity Points via this channel. Westpac's Altitude Platinum Mastercard attracts a $150 annual card fee, while the American Express Westpac Altitude Platinum Card has a waived annual fee in the first year, reverting to $49 thereafter.

7. Virgin Australia Velocity Flyer Card

Sign-up Bonus: Apply by December 2 2019 and spend at least $1,500 in each statement period for the first three months to earn 20,000 bonus Velocity points in each of those months. Plus, 10,000 bonus Velocity points after your first card anniversary, for an all-out bounty of up to 70,000 bonus Velocity points.

Rewards: 0.66 Velocity points per $1 spent up to $1,500 per month and 0.5 Velocity points thereafter, except on government and government-related payments which don't award points.

Annual Fee: Enjoy a reduced $64 annual fee in the first year, and continuing to offset the full $129 annual fee in the years that follow, a $129 Virgin Australia flight voucher is also yours to use every year.

8. Citi Rewards Signature Visa + Linked Diners Club Card

Sign-up Bonus: New customers who apply by January 31 2020 and spend $4,000 in the first 90 days from approval on the Citi Signature Credit Card can receive 120,000 bonus points in the Citibank Rewards Program, equal to 60,000 Velocity points when converted at a 2:1 rate.

Additionally, opt-in for the Linked Diners Club Card when you apply and spend on it within 90 days of approval to earn an extra 10,000 bonus Citibank Rewards points, worth 5,000 Velocity points. In total, that's up to 65,000 Velocity points.

Rewards: On eligible purchases made using the Visa, 2 Citi Points (1 Velocity point) can be earned per $1 spent overseas, and in Australia with major airlines, hotel chains and restaurants. At major Australian supermarkets, petrol outlets and national retailers, earn 1.5 Citi Points (0.75 Velocity points) per dollar spent, and on all other eligible transactions in Australia, earn 1 Citi Point (0.5 Velocity points) per dollar spent.

The Linked Diners Club Card instead provides a flat 2 Citi Points (1 Velocity point) per dollar spent on eligible purchases at home and abroad, although neither card provides points on government and government-related charges.

Annual Fee: $199 in the first year, $395 thereafter. There's no difference in annual fee with or without the Linked Diners Club Card attached, and no additional fees are charged for additional cardholders.

9. Westpac Altitude Platinum Mastercard

Sign-up Bonus: Apply by March 31 2020, select Altitude Velocity as your rewards option, and spend $3,000 on eligible purchases within 90 days of card approval to earn 60,000 bonus Velocity Points.

Rewards: Earn 0.5 Velocity Points per $1 spent on everyday purchases, uncapped. This excludes government spend such as ATO payments.

Annual Fee: A $150 annual card fee applies, along with a $50/year Velocity Rewards fee, bringing the total cost to $200.

10. NAB Rewards Signature Card

Sign-up Bonus: Receive 90,000 bonus NAB Rewards points when you apply and spend $3,000 on everyday purchases within the first 60 days of opening your account, plus 30,000 bonus NAB Rewards points when you keep your card for over 12 months. Converted to Velocity at a 2:1 rate, that's worth up to 60,000 bonus Velocity points.

Rewards: Earn 3.75 NAB Rewards points (1.875 Velocity points) per $1 spent on overseas purchases and with Webjet in Australia; 2.5 NAB Rewards points (1.25 Velocity points) per dollar spent at major department and hardware stores, and 1.25 NAB Rewards point (0.625 Velocity points) per $1 spent on all other purchases.

Annual Fee: $295, with no additional cardholder fee.

11. Citi Rewards Platinum Visa + Linked Diners Club Card

Sign-up Bonus: New customers who apply by January 31 2020 and spend $3,000 on the Citi Rewards Platinum Credit Card in the first 90 days from approval can receive 80,000 bonus Citibank Rewards points, plus an additional 40,000 bonus Citi points within 12 weeks of your first account anniversary (that's up to 15 months after you first apply), giving you up to 120,000 Citibank Rewards points.

Converting those points to Velocity at today's 2.5:1 conversion rate for Platinum cardholders would give 48,000 Velocity points. You can boost that futher by opting-in for the account's Linked Diners Club Card when you apply, and then spend on it within 90 days of approval to earn an extra 10,000 Citibank Rewards points – 4,000 Velocity points, after conversion – for a grand total of up to 52,000 Velocity points.

Rewards: When making purchases overseas or shopping with overseas-based businesses where the transaction is processed abroad, you can earn 1 Citi Point per dollar spent (0.4 Velocity points), uncapped. Transactions made within Australia also adopt the same earn rate, but are capped at $10,000 per statement period: after which, points are not earned on any domestic spend until the new statement period begins, but can continue to be earned on eligible international transactions.

The Linked Diners Club Card instead serves up a flat 2 Citi Points (0.8 Velocity points) per dollar spent on eligible purchases at home and abroad with no capping or tiering, although neither the Visa nor the Diners Club card provides points on government and government-related charges at any time.

Annual Fee: $49 in the first year, $149 thereafter. There's also a $90/year fee per additional cardholder (up to four), although having the Linked Diners Club Card on the account doesn't come at an extra cost.

12. St.George Amplify Platinum Visa with Amplify Points

Sign-up Bonus: Apply online for the Amplify Platinum with Amplify Points card by February 12 2020 and spend $6,000 on eligible purchases each year for the first two years to fetch up to 100,000 bonus Amplify Points over two years (70,000 points in year one, 30,000 points in year two) – that's up to 50,000 Velocity Points, when converted at today's 2:1 conversion rate.

Rewards: Via the Amplify Rewards scheme, earn one Amplify Point per $1 spent, being equal to 0.5 Velocity Points per dollar spent, uncapped.

Annual Fee: $49 in the first year, then $99 ongoing. There's no additional cardholder fee, or separate fee for the Amplify Rewards scheme.

This offer can also be found on the similar Bank of Melbourne Amplify Platinum Visa with Amplify Points and the BankSA Amplify Platinum Visa with Amplify Points credit cards when applying online.

13. ANZ Rewards Black

Sign-up Bonus: Receive 100,000 bonus ANZ Reward Points and $100 back to your new ANZ Rewards Black card, if you apply and spend $4,000 on eligible purchases in the first three months from approval. Converted to Velocity at a 2:1 rate, that bounty is worth 50,000 bonus Velocity points.

Rewards: Earn 2 ANZ Reward Points (1 Velocity point) per $1 spent on eligible purchases up to and including $5,000 per statement period, and 1 ANZ Reward Point (0.5 Velocity points) per $1 spent above $5,000 per statement period.

Annual Fee: $375, reduced in 'cost' to $275 in the first year when factoring in that $100 statement credit. A $65 fee applies per additional cardholder.

Bank disclaimer: To apply for this credit card, you must:
-Be 18 years of age or over, and;
-Be a permanent Australian resident or a non-permanent resident with more than 9 months remaining on your visa.

14. AMEX Velocity Platinum Card

Sign-up Bonus: Eligible new American Express Australia customers who apply and spend $3,000 on the card within the first three months can take home a cool 50,000 bonus Velocity points.

Rewards: Most purchases provide 1.25 Velocity points per $1 spent, uncapped. That is, except with Virgin Australia where cardholders earn 2.25 Velocity points per $1 spent, and on government payments, which give 0.5 Velocity points per dollar spent.

Annual Fee: There's a $375 annual fee which includes up to four additional cardholders at no extra charge, and is mostly offset by inclusions such as a free domestic return economy class flight every year.

15. Commonwealth Bank Platinum Awards Mastercard

Sign-up Bonus: Breaking its long-running bonus points drought, CBA's Platinum Awards Mastercard continues with its unexpected offer of 100,000 bonus CBA Awards points – that's 50,000 Velocity points, following a 2:1 conversion – for eligible new customers who apply by February 29 2020 and spend $4,000 on eligible purchases within 90 days of card activation.

Rewards: Via the CommBank Awards scheme, earn the equivalent of 0.5 Velocity points per $1 spent (1 CBA Awards points per $1, with a 2:1 conversion), up to a maximum of 75,000 Velocity points (150,000 CBA Awards points) per calendar year. No points are earned on ATO payments, however.

Annual Fee: There's a $249 annual fee to pay, plus $10/year for an additional cardholder.

Ranking Order & Updates

Ranking Criteria

This page offers a list of the most rewarding Virgin Australia Velocity Frequent Flyer credit card sign-up offers in Australia, as available at the time of publishing, across both direct-earning Velocity cards, and indirect-earning cards, where spenders first earn points in a bank's own loyalty program and can then convert them into Velocity points at a later date.

This list includes personal credit cards and general, public sign-up offers, but does not include business or corporate credit cards, or deals that are private, restricted or targeted, with the exception of any offers targeted to Executive Traveller readers, which may offer more points or reduced fees compared to a bank's standard public offering.

Credit cards listed above as part of this 'top 15' appear in descending order based on the total number of Velocity points offered via the card's sign-up bonus.

Where more than one card is offering the same number of bonus points, other factors such as annual fees, minimum spend requirements, points earning rates for ongoing purchases and sign-up incentives such as statement credits are considered in determining rank.

Ranking Updates

With the withdrawal of the Citi Prestige credit card from sale and the offer ending on the CBA Diamond Awards Mastercard, both these cards have been removed from these ranks as of November 2019.

Other cards have increased in rank through the removal of these deals, which made way for two returning entrants this month in ranks 14 and 15, being the AMEX Velocity Platinum Card and the CBA Platinum Awards Mastercard, both with bonus offers worth 50,000 Velocity points.

Previous changes include the return of the ANZ Rewards Black Card returns with its ongoing offer worth up to 50,000 Velocity points, with the added incentive of $100 cashback to help reduce the cost of the annual fee in the first year.

Westpac has also amended its Platinum and Black card offers, with the latest deals now running until March 31 2020.

What are Virgin Australia Velocity credit cards and how do they work?

As the name suggests, credit cards affiliated with Virgin Australia's Velocity Frequent Flyer scheme allow cardholders to earn Velocity points from their everyday credit card expenses.

Some cards will automatically credit these points to a customer's Velocity Frequent Flyer account every month, while other cards will first provide points in the bank's own loyalty program, which the cardholder can later convert into Virgin Australia Velocity points at a pre-set conversion rate.

Virgin Australia Velocity Frequent Flyer credit card FAQs

Can you combine frequent flyer miles and points?

In Virgin Australia's Velocity Frequent Flyer scheme, yes, eligible family members can transfer Velocity points between their accounts at no charge. This can be useful in a household where both members of a couple are earning Velocity points, as these can be combined in order to book a flight.

Can you link Velocity Frequent Flyer accounts?

Velocity offers a 'family pooling' feature where eligible members of the same household can opt to pool all the Velocity points they earn (and optionally, status credits too) into one person's nominated account. This is separate to manual family points transfers, which are also available.

Can I earn miles or points if I buy a ticket for someone else?

Yes. While the traveller may earn their own miles or points from the flight itself (depending on the airline and airfare), purchasing a flight is just like any other transaction, with the credit cards above offering a certain number of Velocity points per dollar spent on purchases, including airfares.

Can I use Velocity points to buy a ticket for someone else?

Yes, and unlike Qantas Frequent Flyer, Velocity Frequent Flyer members can use their hard-earned points to book flights and upgrades for anybody, including not only family members, but also friends, colleagues, clients and more.

15 best Virgin Australia Velocity Frequent Flyer credit card sign-up offers

Credit card

Bonus Velocity points

Velocity points per $1 spent *

Annual fee

Other benefits

American Express Westpac Altitude Black Bundle (with Altitude Velocity)

Up to 100,000

0.75 (Mastercard)
1.25 (AMEX)

MC: $250
AMEX: $99/$199
Velocity Rewards fee: $50

Free Economy X flight upgrades, Virgin Australia lounge passes

St.George Amplify Signature with Amplify Points

Up to 100,000

0.825 (incl. Birthday Bonus)

$139 (1st year)
$279 (ongoing)

Priority Pass membership with two yearly lounge visits

Virgin Australia Velocity High Flyer Card

Up to 100,000

1 (0.5 above $8,000/month)

$289

Yearly $129 VA flight voucher + Virgin lounge passes

Westpac Altitude Black Mastercard (with Altitude Velocity)

80,000

0.75

$250 (MC)
$50 (Velocity Rewards fee)

Uncapped and untiered points earning, Virgin lounge passes

ANZ Rewards Travel Adventures

75,000

0.75 (0.25 above $2,000/month)

$225

Get a free return flight every year

American Express Westpac Altitude Platinum Bundle (with Altitude Velocity)

Up to 75,000

0.5 (Mastercard)
1.0 (AMEX)

MC: $150
AMEX: $0/$49
Velocity Rewards fee: $50

Travel insurance, no additional cardholder fee or points capping

Virgin Australia Velocity Flyer Card

Up to 70,000

0.66 (0.5 above $1,500)

$64 (1st year)
$129 (ongoing)

Offset the annual fee with a $129 VA flight voucher every year

Citi Signature with Linked Diners Club Card

Up to 65,000

0.5 (Visa)
1 (Diners Club)

$199 (1st year)
$395 (ongoing)

Bonus points at some Australian merchants, no Diners forex fees

Westpac Altitude Platinum Mastercard (with Altitude Velocity)

60,000

0.5

$150 (MC)
$50 (Velocity Rewards fee)

No points capping or additional cardholder fee, travel insurance

NAB Rewards Signature Card

Up to 60,000

0.625

$295

Earn triple points on overseas transactions

Citi Platinum with Linked Diners Club Card

Up to 52,000

0.4 (Visa)
0.8 (Diners Club)

$49 (1st year)
$149 (ongoing)

Uncapped points on international spend, no Diners forex fees

St.George Amplify Platinum with Amplify Points

Up to 50,000

0.5

$49 (1st year)
$99 (ongoing)

Low annual fee with no cap on earn rate or extra rewards fee

ANZ Rewards Black

50,000

1 (0.5 above $5,000/month)

$375

Get $100 back alongside the sign-up bonus

AMEX Velocity Platinum Card

50,000

1.25

$375

Free return flight every yearm, airport lounge passes

CBA Platinum Awards Mastercard

50,000

0.5

$249

Travel insurance can be activated on trips bought with other cards

* Velocity Points earned per $1 spent is based on everyday eligible purchases on transactions within Australia. For cards that earn Velocity points via a bank loyalty program ('indirect earn' cards), this figure considers the card's earning rate on spend and its conversion rate to Velocity, to display the equivalent number of Velocity points earned per $1 spent. Some spending categories may also earn more, fewer or no points on each card than the standard earn rate indicated above, such as government transactions, overseas purchases, spend directly with Virgin Australia, etc.

Chris Chamberlin

Chris Chamberlin is the Associate Editor of Executive Traveller and lives by the motto that a journey of a thousand miles begins with a single step, a great latte, a theatre ticket and a glass of wine!