Let your Virgin Australia Velocity frequent flyer points soar this month with up to 205,000 bonus Velocity points to be had from a single card application – enough for a first class flight from Sydney or Melbourne to London with Velocity's partners Etihad Airways or Singapore Airlines (as always, plus taxes, fees and charges at redemption).
Many cards are also going beyond bonus point offers with features such as a free return flight every year, discounted annual fees, cash back on your card statement, Virgin Australia travel vouchers and more: so whatever you're looking for, here's an overview of the most rewarding personal Velocity credit card sign-up offers this March, across American Express, ANZ, Citibank, NAB, St.George, Virgin Money and Westpac.
1. Citi Prestige Visa Infinite + optional Linked Diners Club Card
Tempting new cardholders with up to 410,000 bonus Citibank Rewards points – worth up to 205,000 bonus Velocity points at the program's current 2:1 conversion rate – the Citi Prestige Visa Infinite Credit Card and its optional Linked Diners Club Card.
With or without that Linked Diners Club Card, eligible new Citi Prestige customers could qualify for up to 400,000 bonus Citibank Rewards points when applying by March 31 2019 and spending at least $1,000 on purchases in each monthly statement period for the first 20 months, awarded as 20,000 bonus points per eligible month, being up to 400,000 Citibank Rewards points in total when that journey is complete.
Boosting those bonus points even further, new customers who request the Linked Diners Club Card during the application process can also receive a separate 10,000 bonus Citibank Rewards points after their first Linked Diners Club Card spend within 90 days of approval. Make full use of both offers and that's a grand total of up to 410,000 bonus Citibank Rewards points, worth a hefty 205,000 bonus Velocity points at the current 2:1 conversion rate for Prestige cardholders.
A $700 annual fee applies, whether or not the Linked Diners Club Card is attached – so there's no extra cost to opt-in for the two-card combo, and that Linked Diners Club Card also comes with no international transaction fees on overseas purchases and an uncapped earn rate of 2 Citibank Rewards points (=1 Velocity point) per $1 of eligible spend, both at home and abroad.
Shopping using the Visa provides points at varying rates of between 1 and 3 Citibank Rewards points per $1 spent (equal to 0.5-1.5 Velocity points) on eligible purchases, but be aware that points are not awarded on government or government-related transactions on either card, such as on ATO payments, and that international transaction fees of 3.4% apply to Visa spend.
2. Citi Rewards Signature Visa + optional Linked Diners Club Card
Next in line with an offer currently worth up to 155,000 bonus Velocity points, the Citi Rewards Signature Visa credit card, as can also be paired with an optional Linked Diners Club Card.
Again, with or without the Linked Diners Club Card, Signature-level customers can earn 15,000 bonus Citibank Rewards points per month in each of the first 20 months, when applying by March 31 2019 and spending $1,000 or more in each statement period. That's up to 300,000 bonus Citibank Rewards points when hitting those monthly targets.
Request the Linked Diners Club Card during the application process and spend on it within 90 days of approval to earn a further 10,000 bonus Citibank Rewards points, giving up to 310,000 bonus Citibank Rewards points overall, currently equal to 155,000 Virgin Australia Velocity points when converted at a 2:1 rate.
There's also a reduced annual fee of $195 in the first year, and in future years, you'd pay a similar $197.50 annual fee where $48,000 has been spent on the account in the prior year: otherwise, the full fee of $395 applies. There's again no extra charge for holding the Linked Diners Club Card, which provides the same earning rate (2 Citibank points per $1) and benefits (e.g. no international transaction fees) as offered to Prestige cardholders.
As for the Visa Signature card, you can earn 1-2 Citibank Rewards points (0.5-1 Velocity points) per $1 spent on eligible purchases, excluding things like government and government-related payments.
3. St.George Amplify Signature Visa with Amplify Points
Currently with a bonus worth up to 100,000 Velocity points, the St.George Amplify Signature Visa with Amplify Points card could have you flying in no time.
Here's how it works: apply online by May 22 2019 and spend $12,000 on eligible purchases each year for the first two years, to earn up to 200,000 bonus Amplify Points. These points currently convert to Velocity at a 2:1 rate from the Amplify Rewards program, giving you up to 100,000 bonus Velocity points.
There's also a reduced annual card fee of $179 in the first year, although the normal fee of $279 applies from the second year onwards. Spending on the card also generates the equivalent of 0.75 Velocity points per $1 spent, boosted to 0.825 Velocity points per $1 spent when you take St.George's 'birthday bonus' into account.
4. Virgin Australia Velocity High Flyer Card, Citi Rewards Platinum Visa, AMEX Platinum
With a difference of less than 10,000 bonus Velocity points between them, the Virgin Australia Velocity High Flyer Card, the Citi Rewards Platinum Visa and the personal American Express Platinum Charge Card take out fourth place, with offers equal to 80,000-90,000 bonus Velocity points – here's what you need to know for each card.
Virgin Money: Delivering up to 90,000 bonus Velocity points, eligible new customers can apply by June 30 2019 and take home 30,000 bonus Velocity points per month in each of the first three months where at least $3,000 is spent on the card every month: up to 90,000 bonus Velocity points at the end of month three.
In return for its $289 annual fee, the Virgin Australia Velocity High Flyer Card also gives one Velocity point per $1 spent on eligible purchases up to $8,000/month, reverting to 0.5/$1 thereafter (but no points on government payments), and includes a $129 Virgin Australia gift voucher each year plus two Virgin Australia lounge passes to help offset that yearly charge.
Citibank: Apply for the Citi Rewards Platinum card (with or without the Linked Diners Club Card) by March 31 2019 and get 10,000 bonus Citibank Rewards points per month in each of the first 20 months when spending at least $1,000 per statement period, for up to 200,000 bonus Citibank Rewards points: worth up to 80,000 Velocity points following a 2.5:1 conversion under Citibank's Platinum program.
You can also take home a further 4,000 bonus Velocity points (10,000 Citibank Rewards points with a 2.5:1 conversion) by requesting that Linked Diners Club Card during the application process and making your first Linked Diners Club Card spend within 90 days of approval, giving you up to 84,000 bonus Velocity points in total.
American Express: Apply as an eligible new customer and spend $3,000 within the first three months to earn 80,000 bonus Membership Rewards Ascent Premium points, currently equal to 80,000 Velocity points after a 1:1 conversion.
[As of April 15 2019, AMEX has amended its points conversion rate from Membership Rewards to Velocity. The previous 1:1 rate is now 2:1, so those 80,000 Membership Rewards points would fetch just 40,000 Velocity points, for transfers made from April 15.]
An annual fee of $1,450 applies, and as of April 15, the card provides the equivalent of 1.125 Velocity points per $1 spent on all purchases, except government transactions which earn the equivalent of 0.5 Velocity points per $1 spent.
5. Virgin Australia Velocity Flyer Card
Virgin Money's Virgin Australia Velocity Flyer Card is currently offering 25,000 bonus Velocity points in each of the first three months for customers who apply by June 30 2019 and spend at least $1,500 in each statement period, totalling 75,000 bonus Velocity points at the end of the third month.
There's also a reduced annual fee of just $64 in the first year ($129 ongoing): great value given the card includes a $129 Virgin Australia flight voucher every year, including year one. Spending on the card also provides 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.
Among the many other personal credit card offers floating around right now, there's also:
50,000 bonus Velocity points on the ANZ Rewards Black Visa: earn 100,000 bonus ANZ Reward Points (equal to 50,000 Velocity points) and $100 back to your new card when you apply and spend $4,000 on eligible purchases in the first three months from approval.
50,000 bonus Velocity points on the AMEX Velocity Platinum Card: apply and spend $3,000 on eligible purchases in the first three months.
45,000 bonus Velocity points through the NAB Rewards Signature Visa when you apply and spend $2,500 on purchases within the first 60 days to earn 90,000 bonus NAB Rewards points, worth 45,000 Velocity points following a 2:1 conversion.
Up to 40,000 bonus Velocity points though the American Express Westpac Altitude Black Bundle. Apply for the bundle by June 2 2019, opt for the Altitude Rewards program and spend $3,000 on eligible purchases within 90 days of card approval using the Altitude Black Mastercard to earn 80,000 bonus Altitude Rewards points (approximately 26,667 Velocity points), plus 40,000 bonus Altitude Rewards points (worth 13,333 Velocity points) when spending a separate $3,000 on eligible purchases within the same 90-day period using the American Express Westpac Altitude Black Card, giving you up to 60,000 bonus Velocity points overall if completing both offers. The Mastercard carries a $250 annual fee, and the AMEX has its own $199 annual fee.
40,000 bonus Velocity points with ANZ's Rewards Travel Adventures Visa: apply and spend $500 on eligible purchases in the first 3 months of card approval, with the card also including a free return Virgin Australia domestic flight every year, lounge access, and no international transaction fees.
Up to 25,000 bonus Velocity points via the American Express Westpac Altitude Platinum Bundle: apply by June 2 2019, choose Altitude Rewards and spend $3,000 on purchases using the Altitude Platinum Mastercard within 90 days of card approval to earn 60,000 bonus Altitude points (20,000 bonus Velocity points), and also spend $3,000 on purchases using the American Express Westpac Altitude Platinum Card within the same time frames to earn 15,000 Altitude points (5,000 bonus Velocity points), with no annual fee to pay on the Mastercard in the first year ($150 thereafter). The AMEX attracts a $49 annual fee.
25,000 bonus Velocity points from the ANZ Rewards Platinum Visa (apply and spend $2,000 on eligible purchases in the first three months from approval to earn 50,000 bonus ANZ Reward Points – equal to 25,000 Velocity points when converted at a 2:1 rate – and $50 back to your new card, with a total annual fee of $95 and an earn rate worth up to 0.75 Velocity points per $1 spent.