Card Overview
Ideal for Virgin Australia loyalists with 90,000 point bonus, no foreign fees, and no first-year annual fee. Great for international travellers who want rewards without currency conversion charges.
Rates, fees and offers on this page are as at October 2026 and change frequently — always confirm current terms with the issuer before applying.
Key Benefits
- 90,000 Velocity Points sign-up bonus — worth roughly $810–$1,530 depending on how you redeem (see our points valuation guide)
- 0% foreign transaction fees — saves around 3% on every overseas or foreign-currency purchase
- $0 first-year annual fee — trial the card for a year without a fee commitment
- Virgin Australia lounge pass and travel insurance included
Earning Structure
You'll earn 1.25 Velocity Points per dollar on eligible everyday spend. Velocity Points are worth 0.9–1.7 cents each in our valuation model, so the effective return lands between about 1.1% and 2.1% before the bonus.
Who Should Get This Card?
Virgin Australia loyalists, travellers heading overseas who want rewards without foreign transaction fees, and anyone who wants a premium card they can test-drive for a year at $0. If you fly Qantas more often, compare it against the Qantas Premier Platinum.
Potential Drawbacks
The ongoing annual fee applies from year two, so reassess at your anniversary. Velocity's redemption sweet spots are narrower than Qantas's — check availability on your preferred routes before committing. Our Qantas vs Velocity comparison breaks this down.