Virgin Money Credit Cards

1. The Virgin Australia Velocity Flyer and High Flyer Cards Gift Voucher benefit is available to Primary Cardholders only and provides one Virgin Australia Gift Voucher to the value of $129 (AUD) each year. You will become eligible for your $129 Virgin Australia Gift Voucher 30 days after card approval in your first year and 30 days after your card anniversary thereafter provided you have made a retail purchase as the Primary Cardholder in the 2 months prior to requesting your voucher, your account is active and in good order and you are a Velocity Frequent Flyer Member. See Terms & conditions for full details.

2. The complimentary Lounge pass benefit is available to Primary Virgin Australia Velocity High Flyer Cardholders only and provides two Single-Entry Virgin Australia domestic Lounge passes each year. You will become eligible for your two Single-Entry Virgin Australia domestic Lounge passes upon card activation in your first year and then each anniversary thereafter. See Lounge Pass Terms & Conditions for full details.

3. Points may vary depending on the partner and time of purchase.

4. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. Velocity Points are earned on Eligible Transactions only. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs).

5. 60,000 bonus Velocity Points offer is available to new approved Virgin Australia Velocity Flyer Card account holders who apply by 30 June 2018. 20,000 bonus Velocity Points will be awarded for every month $1,500 or more is spent on Eligible Transaction for 3 months from card approval. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). View full details and definition. Credit Card application must be submitted through this page or by calling 13 37 39 and indicating that you would like the Flyer Card 60,000 Velocity Points offer. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. To earn and redeem Velocity Points there must be an active Velocity Frequent Flyer Membership linked to the Virgin Australia Velocity Flyer Card account. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. This offer can't be used in conjunction with other Virgin Australia Velocity Flyer Point promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

6. Your total balance transfers may not exceed 80% of your credit limit. The balance transfer interest rate applies to balances transferred with this offer at point of new card application, for the period shown. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances; currently 20.99% p.a. for the Virgin Australia Velocity Flyer Card and Virgin Australia Velocity High Flyer Card. Velocity Points are not issued for balance transfers. Interest rates are variable and subject to change. The interest rates are current as at 20 April 2018. This offer is valid from 20 April 2018 to 30 June 2018.

7. 120,000 bonus Velocity Points offer is available to new approved Virgin Australia Velocity High Flyer Card account holders who apply by 30 June 2018.40,000 bonus Velocity Points will be awarded for every month $3,000 or more is spent on Eligible Transactions for 3 months from card approval. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). Full details and definition. Credit Card application must be submitted through this page or by calling 13 37 39 and indicating that you would like the High Flyer Card 120,000 Velocity Points offer. Points will be credited to the Primary Cardholders Velocity Account up to 60 days after the qualifying purchases. To earn and redeem Velocity Points there must be an active Velocity Frequent Flyer Membership linked to the Virgin Australia Velocity High Flyer Card account. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. This offer can't be used in conjunction with other Virgin Australia Velocity High Flyer Point promotions or offers. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

8. For claims lodged on or after 1 May 2016, Complimentary Insurance is provided automatically to cardholders under a Group Policy issued to Citigroup Pty Limited by AGA Assistance Australia Pty Limited (trading as Allianz Global Assistance) (AFSL No.245631 ABN 52 097 227 177) on behalf of the insurer Allianz Australia Insurance Limited (AFSL No. 234708 ABN 15 000 122 850) and is subject to Terms, Conditions, exclusions. Limits and excess may apply. View Virgin Money Insurance full Terms and Conditions.

Virgin Money - Reward Me Home Loan

The Lender's standard credit assessment criteria apply. Interest rates quoted are indicative only, and are subject to change without notice. See fees and charges that may be payable.

9. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. Only the person listed as the Primary Borrower on the application will be eligible for Velocity Points, subject to meeting Virgin Money’s eligibility criteria. 

10. 1,000 Velocity Points allocated for every full $10,000 drawn at settlement.

11. 1,000 Velocity Points per loan account per month.

12. Anniversary Points, currently 30,000 Velocity Points, are allocated on every 3 year anniversary of the settlement date provided total borrowings are greater than $50,000 (net of any balances held in a linked offset facility). Points are only allocated once regardless of the number of split borrowings a Member has with Virgin Money and they must be a continuous Reward Me Home Loan customer during the period.

Virgin Money reserves the right to amend or withdraw this limited time offer early at its discretion and without notification. Virgin Money (Australia) Pty Limited ABN 75 103 478 897 promotes and distributes the companion account and the home loans as the authorised representative and credit representative of the issuer and credit provider, Bank of Queensland Limited ABN 32 009 656 740, Australian Credit Licence/AFSL 244 616 (the 'Lender').

The credit services material on this webpage has been prepared by Virgin Money (Australia) Pty Limited ABN 75 103 478 897 who promote and distributes the companion account and the home loans as the authorised representative and credit representative of the issuer and credit provider, Bank of Queensland Limited ABN 32 009 656 740, Australian Credit Licence/AFSL 244 616 (the 'Lender') and not by Velocity Frequent Flyer (VFF). VFF does not hold an Australian credit services licence and are not the licensee in relation to the credit activity being engaged in by Virgin Money, who is the credit representative.

13. Virgin Money – Home and Contents Insurance 

Exclusions and conditions apply. See the Product Disclosure Statement for full details. Not available in Northern Territory, North Queensland and Northern Western Australia. Approved applications only.

The discounts apply to new Virgin Home and/or Contents Insurance Price Saver policies purchased online on or after 30 March 2017. We reserve the right to change the offer without notice. Base rate premiums subject to change. The discount does not apply to any renewal offer of insurance.

Offer available to new and approved applicants only. The discounts apply to new Virgin Home and/or Contents Insurance Price Saver policies purchased online on or after 30 March 2017. We reserve the right to change the offer without notice. Base rate premiums subject to change. The discount does not apply to any renewal offer of insurance. Offer of 5,000 Velocity Points is available to new Virgin Home and/or Contents customers only (not available for renewals). If you’re not a Velocity member you can join Velocity for free. Offer is only valid if you purchase a Virgin Home and/or Contents Insurance policy online at virginmoney.com.au or by calling 1800 654 012 and a valid Velocity membership number is provided at the time of application. Maximum of 5,000 Velocity points per policy. In order to receive the Points the policy holder’s name must match the Velocity account name and membership number provided and the policy must not be cancelled within 35 days of purchase. Velocity Points will be credited to eligible Velocity Accounts up to 65 days after policy commencement date and the 35 day cancellation period has expired. This offer is subject to change or removal at the discretion of Virgin Money. This offer cannot be used in conjunction with any other Virgin Money Home and/or Contents Insurance offers, is not redeemable for cash and is not transferable. The Velocity membership Terms and Conditions apply.

Promoter: Virgin Money (Australia) Pty Limited (Virgin Money) Authorised Representative No. 280884 of Virgin Money Financial Services Pty Ltd AFSL 286869. Auto & General Services Pty Ltd (AFSL 241411) arranges the insurance on behalf of the product issuer Auto & General Insurance Company Ltd (AFSL 285571)(Auto & General). As we don't know your personal financial situation, needs or objectives we can't advise if this insurance will suit you. Consider your needs and the Product Disclosure Statement (PDS) before making a decision to buy this product. Auto & General pays Virgin Money a commission which is a percentage of your premium. For further details see the Financial Services Guide (FSG). View a copy of the PDS and Financial Services Guide at virginmoney.com.au.

The financial services material on this webpage has been prepared by Virgin Money. Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869 and not by Velocity Frequent Flyer (VFF). VFF does not hold an Australian financial services licence to provide financial product advice and does not exercise control over the financial services content of this webpage. VFF does not take responsibility for any financial product advice contained on this webpage.

Virgin Money - Comprehensive Car Insurance

Exclusions and conditions apply. See the Product Disclosure Statement for full details. Insurance not available in the Northern Territory. Approved applications only.

Offer available to new and approved applicants only. The discount applies to the premium for new Virgin Money Car Insurance Price Saver policies initiated online on or after 30 March 2017 and applies to Comprehensive, Third Party Property and Third Party Fire and Theft Car policies. We reserve the right to change the offer without notice. Base rate premiums subject to change. The discount does not apply to any renewal offer of insurance.
Offer of 5,000 Velocity Points is available to new Virgin Car Insurance customers only (not available for renewals) who purchase comprehensive cover. If you’re not a Velocity member you can join for free. Offer is only valid if you purchase a Virgin Car Insurance policy online at virginmoney.com.au or by calling 1800 654 012 and a valid Velocity membership number is provided at the time of application. Maximum of 5,000 Velocity points per policy (even if multiple cars are insured under a single policy). In order to receive the Points the policy holder’s name must match the Velocity account name and membership number provided and the policy must not be cancelled within 35 days of purchase. Velocity Points will be credited to eligible Velocity Account up to 65 days after the policy has become active and the 35 day cancellation period has expired. This offer is subject to change or removal at the discretion of Virgin Money. This offer cannot be used in conjunction with any other Virgin Money Car insurance offers, is not redeemable for cash and is not transferable. The Velocity Membership Terms and Conditions apply.

Promoter: Virgin Money (Australia) Pty Limited (Virgin Money) Authorised Representative No. 280884 of Virgin Money Financial Services Pty Ltd AFSL 286869. Auto & General Services Pty Ltd (AFSL 241411) arranges the insurance on behalf of the product issuer Auto & General Insurance Company Ltd (AFSL 285571)(Auto & General). As we don't know your personal financial situation, needs or objectives we can't advise if this insurance will suit you. Consider your needs and the Product Disclosure Statement (PDS) before making a decision to buy this product. Auto & General pays Virgin Money a commission which is a percentage of your premium. For further details see the Financial Services Guide (FSG). View a copy of the PDS and Financial Services Guide at virginmoney.com.au.

The financial services material on this webpage has been prepared by Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869 and not by Velocity Frequent Flyer (VFF). VFF does not hold an Australian financial services licence to provide financial product advice and does not exercise control over the financial services content of this webpage. VFF does not take responsibility for any financial product advice contained on this webpage.

15. Virgin Money – Life Insurance and Income Protection
Applications subject to acceptance. Cover limits, exclusions and conditions apply. Premiums vary depending on personal circumstances and generally increase with age and cover.

This information is of a general nature only and does not take into account your personal financial situation, needs or objectives. For this reason, you should consider the appropriateness of this information, having regard to your personal financial situation, needs and objectives as well as the Product Disclosure Statement and Financial Services Guide available on Virgin Money website before deciding whether to buy or continuing to hold this product.

25,000 Velocity Points Offer is available to new approved customers who take out a Virgin Life Insurance or Virgin Income Protection Insurance policy. The campaign period is 1 May – 31 August 2018. To qualify for this offer, your minimum monthly premium must not be less than $80 per month per policy. To receive the Velocity Points the qualifying premium must remain the same or be of greater value and all premiums must be paid and up to date during the qualifying period.  The qualifying period is 6 months following the commencement date of the policy. Points will be credited to the eligible Velocity account up to 30 days after the qualifying period in a single lump sum offering. Offer is only available when a valid Velocity number is provided at the time of application. In order to receive the Velocity Points the policyholder’s name must match the Velocity name and account number provided. If the policy is issued in more than one name, then only one person may be nominated for receiving the Velocity Points. This offer is valid for policies purchased and commenced within the campaign period. This offer is subject to change or removal at the discretion of Virgin Money. The Velocity Membership Terms and Conditions apply. If you’re not a Velocity member you can  join Velocity for free.
 This offer cannot be used in conjunction with any other Virgin Life Insurance or Virgin Income Protection offers, is not redeemable for cash and is not transferrable. Offer is not available to existing Virgin Life Insurance or Virgin Income Protection customers (including renewals).

Virgin Income Protection promoted by Virgin Money (Australia) Pty Limited ABN 75 103 478 897, authorised representative No 280884 of Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869, and distributed by TAL Direct Pty Limited ABN 39 084 666 017 AFSL 243260. St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL 239649 issues the Involuntary Unemployment Cover. All other benefits insured by TAL Life Limited ABN 70 050 109 450 AFSL 237848. For information about Virgin Money, TAL & St Andrew's please see the Product Disclosure Statement and Financial Services Guide.

The financial services material on this page has been prepared by Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869 and not by VFF.  VFF does not hold an Australian financial services licence to provide financial product advice and does not exercise control over the content of the document.  VFF does not take responsibility for any financial product advice contained in this document.

16. Virgin Money Super

Velocity Points are available to new and existing Virgin Money Super customers. 1 Velocity Frequent Flyer Point will be awarded for every $5 of Net Super contribution during the Points Earn Period. The maximum number of Velocity Points you may earn in respect of any financial year is 250,000 Velocity Points. The number of Velocity Points Virgin Money will allocate to you for a Points Earn Period is based on the net contributions in your Virgin Money Super account during that period. Points are allocated to your account approximately 3½ months after the Points Period end. See Virgin Money’s Super Engagement Program Page for more details. To be eligible to earn Velocity Points for a given Points Earn Period, you must be a member of Virgin Money Super on the relevant Points Issue Date, you must have updated your Virgin Money Super account with your Velocity membership number, name and surname before the last business day of the relevant Points Earn Period; you must have had a superannuation guarantee contribution or a voluntary contribution received into your Virgin Money Super account during the relevant Points Earn Period and you must be an individual who is an Australian permanent resident or citizen and you must be an active member of Velocity Frequent Flyer. You must not have made a rollover out of your Virgin Money Super account in the 18 months before the relevant Points Issue Date.

Before you rollover or consolidate your superannuation, you should check to see if insurance or other benefits will be impacted or lost. Some funds may also charge withdrawal or exit fees. You should consider our Product Disclosure Statement. Please note this information does not constitute personal financial product advice, and you may wish to consult your financial adviser before making a decision about whether Virgin Money Super fits your objectives, financial situation and needs. If you are considering making voluntary contributions into your Virgin Money Super account, you should consider your personal circumstances, the impact of such contributions to your contribution caps, as well as associated taxation issues before making any decision on making voluntary contributions. Concessional tax rates do not apply on contributions which exceed government contribution limits. See the ‘How Super is Taxed’ section of the Virgin Money Super Product Guide and the contribution fact sheet on our website for more information about contribution types and limits.

This information is of a general nature only and does not take into account your personal financial situation, needs or objectives. As we don't know your financial needs we can’t advise if Virgin Money Super will suit you.  Please consider the Product Disclosure Statement, Product Guide, Insurance Guide and Financial Services Guide before taking any action in relation to your superannuation.

It is very important to note that superannuation is generally a long term investment. Past investment performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.

Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 (Virgin Money) provides and operates Virgin Money's Super Engagement Program. To earn and redeem Velocity Points, you must be a Velocity member. Velocity Frequent Flyer issues Velocity Points on instruction from Virgin Money. Velocity is not responsible for the material in this document and does not hold an AFSL. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. Virgin Money reserves the right to change or withdraw Virgin Money’s Super Engagement Program at any time in line with the Virgin Money Super Engagement Program Terms & Conditions.

Virgin Money Super is a plan in the Mercer Super Trust ABN 19 905 422 981. Virgin Money Super is issued by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533 AFSL 235906 as trustee of the Mercer Super Trust.  For more information about Virgin Money Super, please refer to the PDS which is available free of charge on our website or by calling the Customer Care team on 1300 652 770.

The financial services material on this webpage has been prepared by Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869 and not by Velocity Frequent Flyer (VFF). VFF does not hold an Australian financial services licence to provide financial product advice and does not exercise control over the financial services content of this webpage. VFF does not take responsibility for any financial product advice contained on this webpage.