Like the leaves on the trees this spring, your Virgin Australia Velocity Frequent Flyer points balance could also be growing this October thanks to a number of top credit card sign-up offers which place a very cool 650,000 Velocity points on the table between them.
Just one application this month can deliver as many as 120,000 bonus Velocity points: so if you're in the market for a better credit card, take a look at this month's top offers from American Express, Citibank, Virgin Money and Westpac which could get your points tally a solid boost.
1. American Express Platinum business, personal charge cards
In first place this month, the only card with six figures of bonus points: the American Express Platinum Business Card, tempting with 120,000 bonus Velocity points. The personal version of the same card – the American Express Platinum Charge Card – instead comes with 80,000 bonus Velocity points.
If you run your own business, you can earn the higher number of bonus points when applying by January 31 2018 and spending at least $5,000 on purchases within the first two months: unlocking 120,000 Membership Rewards Ascent Premium points which can be converted into 120,000 Velocity points on a 1:1 basis.
Or, if you're just after a personal card, you can fetch 80,000 bonus Ascent Premium points – equal to 80,000 Velocity points – when applying for the Platinum Charge Card and spending at least $1,500 within the first three months.
That personal card also delivers up to three Ascent Premium points per dollar spent (equal to three Velocity points) at an annual fee of $1,200, or you can instead reel in up to two Ascent Premium points per dollar (worth two Velocity points) via the business card against a $1,500 annual fee.
2. Virgin Money's Virgin Australia Velocity High Flyer Card
This October, get your hands on a Virgin Money Velocity High Flyer Visa Signature credit card for a reward of up to 80,000 bonus Velocity points.
Rather than an upfront bonus, your bounty is delivered in five monthly chunks of 16,000 Velocity points. When you spend at least $3,000 on the card each month in the first five months, you'll earn 16,000 bonus Velocity points in each qualifying month: up to 80,000 Velocity points at the end of month five.
Making regular purchases on the card also attracts one Velocity point per dollar spent up to $8,000 per month, and 0.5 Velocity points per dollar thereafter – except on all government payments (such as to the ATO) on which no points are earned.
A similar offer of 60,000 bonus Velocity points is also available on the standard (non-Black) Virgin Money Velocity Flyer Card, delivered as 20,000 bonus points per month in each of the first three months where at least $1,500 is spent in each month, against a $129 annual fee.
3. American Express Business Explorer, Citi Prestige Visa Infinite credit cards
Tempting with the equivalent of 75,000 bonus Velocity points are the American Express Business Explorer Card and the Citi Prestige Visa Infinite credit card when converting points across to Velocity via each bank's own rewards program: here's how it's done.
Apply for a $395/year AMEX Business Explorer Card by January 31 2018 and spend at least $3,000 within the first three months to receive 100,000 Membership Rewards Gateway points (converting to Velocity at a 4:3 rate), while also earning the equivalent of 1.5 Velocity points per dollar spent on most everyday purchases, and 0.375 Velocity points per dollar for government payments.
(Note that the Business Explorer Card is different to the personal AMEX Explorer Card, which is offering a lower 50,000 Gateway points this month, worth 37,500 Velocity points.)
Or, take out a $700/year Citi Prestige card by January 21 2018 and spend $3,000 on purchases within 90 days of card approval to receive 150,000 Citibank Rewards points (equal to 75,000 Velocity points following a 2:1 conversion), and the equivalent of 0.5 Velocity points per dollar spent within Australia on general purchases (no points on government payments), and double or triple points on selected spend such as at supermarkets, airlines and when overseas.
4. Citi Visa Signature credit card
Citibank makes a second appearance this month with 60,000 bonus Velocity points served up via its Citi Signature credit card, with a reduced annual fee of $195 in the first year ($395 ongoing).
Apply by January 31 2018 and spend at least $3,000 on purchases within the first 90 days to receive 120,000 Citibank Rewards points, on-par with 60,000 Velocity points following 2:1 conversion, and earn between 0.5 and 1.0 Velocity points per dollar spent on purchases (except government payments), depending on where you shop.
5. AMEX Velocity Platinum Card, Westpac Altitude Black AMEX + Mastercard credit cards
Last but certainly not least is a tie between the American Express Velocity Platinum Card issued directly by AMEX, and the separate Westpac Altitude Black credit card combo: including a Black AMEX and a World Mastercard on the one account.
Apply for the AMEX Velocity Platinum Card as a new customer, pay a $375 annual fee and net 50,000 bonus Velocity points when you spend $1,500 on purchases in the first three months, plus 1.5 Velocity points per dollar on most everyday purchases. If you spend $50,000 or more on the card each year, you'll also get 100 bonus Velocity status credits which could help you reach Virgin Australia's Silver, Gold or Platinum tiers.
Or, get your hands on the Westpac Altitude Black duo and you could earn 100,000 bonus Altitude points (equal to 50,000 Velocity points) if applying before January 31 2018 and spending at least $5,000 on purchases within 90 days of approval.
That's possible when choosing 'Altitude Rewards' as your loyalty option, which also delivers 2.5 Altitude points (1.25 Velocity points) per dollar spent on American Express purchases and 1.25 Altitude points (0.625 Velocity points) per dollar spent via Mastercard: both uncapped, although ATO payments don't accrue points on either of the Altitude Black cards.