Best Credit Cards for Velocity Frequent Flyer Points

Velocity Frequent Flyer is the second largest frequent flyer program in Australia, making it very easy to earn Velocity Points through rewards credit cards.

This guide will cover many of the essentials you could consider when pondering the best Velocity-earning credit card for your own needs.

Best Virgin Australia Velocity Frequent Flyer credit card sign-up bonus point offers this month

Credit Card	Velocity Bonus Points	Earn Rate	Annual Fee	Card Guide
America Express Platinum Business ↓	150,000 Points*	1.125 points on all eligible spend. 0.5 points on spent at Gov. Spend	$1,750 p.a. ongoing	Apply NowRead the guide
American Express Velocity Business ↓	120,000 Points	1 point on general spend, 2 points on spend with Virgin Australia	$249 p.a. ongoing	Apply NowRead the guide
Westpac Altitude Velocity Black ↓	Up to 120,000 Points	0.8 points on everyday spend, 1.2 points overseas. 0.5 point on all other eligible spend	$295 p.a. plus $75 Annual Altitude Velocity Rewards Fee	Apply NowRead the guide
St.George Amplify Rewards Signature ↓	Up to 80,000 Points*	0.75 points per $1 on general spend, uncapped	$199 for the first year, $295 p.a. ongoing	Apply NowRead the guide
ANZ Rewards Black ↓	Up to 90,000 Points*	1 point per $1 on general spend ($5,000 per statement period), 0.5 point thereafter	$375 p.a. ongoing	Apply NowRead the guide
NAB Rewards Platinum Card ↓	Up to 80,000 Points*	0.5 points on general spend. 0.75 points at eligible grocery stores, uncapped	$195 p.a. ongoing	Apply NowRead the guide
ANZ Rewards Velocity Platinum ↓	Up to 80,000 Velocity Points	0.75 points on general spend ($2,000 per statement period), 0.5 points afterwards	$149 p.a.	Apply NowRead the guide
American Express Platinum Card ↓	75,000 Points*	1.125 points on eligible spend, 0.5 point on Gov. spend, uncapped	$1,450 p.a.	Apply NowRead the guide
American Express Velocity Platinum ↓	60,000 Points	1.25 points on general spend, 2.25 with Virgin, 0.5 point on Gov. spend, uncapped	$440 p.a.	Apply NowRead the guide
American Express Explorer ↓	50,000 Points*	1.125 points on eligible spend, uncapped	$395 p.a.	Apply NowRead the guide

The offers displayed on this page are selected from a range of products across pointhacks.com.au as at the time of publishing this article. The use of terms “Best” and “Top” are derived from the highest bonus points offered.

What are the best credit cards for Velocity Frequent Flyer Points?

Find below a roundup of some Velocity Point earning cards with noteworthy bonus offers to know about this month.

American Express® Platinum Business Card

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Sign-up Bonus:

300,000 Bonus Membership Rewards Points*

Rewards Earn Rate:

Earn 2.25 Membership Rewards points per $1 on all eligible business purchases, except for spend with government bodies, for which you will earn 1 point per $1 spent

Annual Fee:

$1,750 p.a

Offer expires

13 January 2026

Earn 300,000 Bonus Membership Rewards Points* when you apply by 13 January 2026, are approved and spend $12,000 on eligible purchases on your American Express Platinum Business Card in the first 3 months of approval. The Card is aimed at small and medium-size businesses who want to maximise their points earned, as well as business and travel benefits. T&Cs apply. Available for new American Express Card Members only.

American Express Velocity Business

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Sign-up Bonus:

120,000 bonus Velocity Points*

Rewards Earn Rate:

1 Velocity Point per $1 spent on eligible everyday business purchases and 2 Velocity Points per $1 spent with Virgin Australia

Annual Fee:

$249 p.a. and $99 per Employee Card up to 99 cards

Offer expires

13 January 2026

Earn 120,000 bonus Velocity Points when you apply by 13 January 2026, are approved and spend $3,000 on eligible purchases on your new Card within the first 2 months of approval*. (T&Cs apply. Available for new American Express Card Members only.) Access a line of unsecured funding with flexible spending power^, and enjoy two complimentary Virgin lounge passes and complimentary travel insurance. Earn up to 2 Velocity Points per dollar on purchases within Australia. The annual fee is $249 and $99 per Employee Card.

Westpac Altitude Velocity Black

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Sign-up Bonus:

Up to 120,000 Velocity Points

Rewards Earn Rate:

Earn 1.2 Velocity Points per $1 on international transactions, 0.8 Velocity Points per $1 on everyday spend, and 0.5 Velocity Points per $1 on all other eligible spend up to $10,000 per statement period. Then 0.25 Velocity Points per $1 thereafter

Annual Fee:

$295 p.a. plus $75 Annual Altitude Velocity Rewards Program fee if you choose to earn Velocity Points

The Westpac Altitude Velocity Black has up to 120,000 Velocity Points on offer for new cardholders. The card comes with 2 Virgin Australia Domestic Lounge invites per year and offers decent points earn rates on ongoing spend.

St.George Amplify Rewards Signature

Offer Currently Not Available

Sign-up Bonus:

Up to 160,000 Amplify Rewards Points

Rewards Earn Rate:

3 Amplify Points per $1 on international spend, 2 Amplify Points per $1 on everyday spend, and 1 Amplify Points per $1 on all other eligible spend up to $10,000 per statement period. Then 0.5 Points per $1 thereafter, uncapped

Annual Fee:

$199 in the first year, $295 p.a. ongoing

St.George is offering up to 160,000 Amplify Rewards Points (equivalent to 80,000 Velocity Points or up to $700 in eGift cards) plus a reduced first-year annual fee for new cardholders of the Amplify Rewards Signature Card. Includes two complimentary airport lounge passes, complimentary insurances and access to Visa Luxury Hotels program.

ANZ Rewards Black credit card

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Sign-up Bonus:

Up to 180,000 extra ANZ Reward Points + $100 back

Rewards Earn Rate:

Earn 2 ANZ Reward Points per $1 spent on eligible purchases up to $5,000 per statement period, then 1 Reward Point per $1 spent on eligible purchases above $5,000 per statement period

Annual Fee:

$375 p.a.

ANZ is offering up to 180,000 extra ANZ Reward Points (130,000 pts + $100 back when you spend $5,000 in the first 3 months from approval & 50,000 pts when card is kept for 15 months from activation) for new cardholders of the ANZ Rewards Black credit card. Includes complimentary insurance plus Apple Pay and Google Pay support.

NAB Rewards Platinum Card (Velocity)

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Sign-up Bonus:

Up to 80,000 bonus Velocity Points¹

Rewards Earn Rate:

Earn uncapped points including 1 NAB Rewards Point earned per $1 on eligible everyday spend and 1.5 NAB Rewards Points per $1 at eligible Grocery Stores¹

Annual Fee:

$195 p.a.

The NAB Rewards Platinum Card with Velocity is offering up to 80,000 Velocity Points (auto-converted from 160,000 NAB Rewards Points) for new cardholders.* NAB Rewards allows you to earn flexible points on eligible spend, and offers bonus points at eligible grocery stores and purchases made online with Webjet via NAB Rewards Store or on Webjet.com.au.¹²³

ANZ Rewards Velocity Platinum

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Sign-up Bonus:

Up to 80,000 bonus Velocity Points

Rewards Earn Rate:

Earn 1.5 ANZ Reward Points per $1 spent on eligible purchases up to $2,000 per statement period, then 0.5 Reward Points per $1 you spend on eligible purchases above $2,000 per statement period. Keep on your auto redemption to transfer your ANZ Reward Points to Velocity Points. 2 Rewards Points for 1 Velocity Point.

Annual Fee:

$149 p.a.

Get up to 80,000 bonus Velocity Points and $50 back to your new card – 60,000 when you spend $3,500 in the first 3 months, and an additional 20,000 when you keep your card for over 15 months from activation. Enjoy international and domestic travel insurance, and earn 1.5 Reward Points per $1 on eligible purchases up to $2,000 per statement period, and 0.5 thereafter. Switch-on and keep on auto redemption to transfer your ANZ Reward Points to Velocity Points at 2 Reward Points for 1 Velocity Points. The annual fee is $149. New card. T&Cs, eligibility criteria, fees and charges apply.

American Express Platinum Card

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Sign-up Bonus:

150,000 bonus Membership Rewards Points¹

Rewards Earn Rate:

Earn 2.25 Membership Rewards points per $1 on all eligible purchases, except for spend with government bodies, for which you will earn 1 point per $1 spent

Annual Fee:

$1,450 p.a.

Offer expires

13 January 2026

Enjoy 150,000 bonus Membership Rewards Points¹ when you spend $5,000 on eligible purchases in the first 3 months. (Offer available to new American Express Card Members only. Offer ends 13 January 2026. T&Cs apply.) Unlock premium perks including unlimited airport lounge access, international travel insurance, Amex Hotels and Resorts benefits, up to $400 in Global Dining Credit¹⁰, and a $450 Travel Credit⁵ each year. Earn up to 2.25 Membership Rewards Points per $1 on eligible spend. The annual fee is $1,450.

American Express Velocity Platinum

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Sign-up Bonus:

60,000 bonus Velocity Points*

Rewards Earn Rate:

1.25 Velocity Points earned per $1 on all eligible spend except for government bodies˜. 2.25 Velocity Points per $1 spent on selected Virgin Australia purchases˜. 0.5 Velocity Points per $1 on Government spend˜

Annual Fee:

$440 p.a.

The American Express Velocity Platinum Card has 60,000 bonus Velocity Points* on offer for new American Express Card Members who apply, are approved and spend $3,000 on eligible purchases within the first 3 months of approval. Includes several perks such as Virgin Australia Lounge Access^ every time you fly domestically with Virgin Australia, 2 VA Guest Lounge Passes⁼ each year and a Complimentary Domestic Return Virgin Australia Flightˢ. Terms, conditions and exclusions apply. New American Express Card Members Only.

American Express Explorer Credit Card

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Sign-up Bonus:

50,000 Bonus Membership Rewards Points¹

Rewards Earn Rate:

Earn 2 Membership Rewards points per $1 on all purchases except government bodies where you will earn 1 point per $1 spent⁶

Annual Fee:

$395 p.a.

Offer expires

3 February 2026

Earn 50,000 Bonus Membership Rewards Points¹ when you apply by 3 February 2026, are approved and spend $4,000 on eligible purchases on your new American Express Explorer® Credit Card within the first 3 months (T&Cs apply. New American Express Card Members only). Enjoy a $400 Annual Travel Credit², complimentary access to The Centurion® Lounges³ in Sydney and Melbourne, Card, Smartphone and International Travel Insurance⁴, for a $395 p.a. annual fee.

What are the best ways to earn Velocity Points with a credit card?

1. Direct earn: These are Velocity co-branded credit cards that provide a set number of Velocity Points per dollar. The total points earned are transferred monthly to a cardholder’s Velocity account.
   
   These cards often provide additional benefits too, such as lounge passes and Virgin Australia gift vouchers.
   
2. Transfer from other rewards programs: These credit cards will accumulate their own rewards points, which can then be later transferred to Velocity Frequent Flyer or other airline partners.
   
   The main benefit here is having flexibility in where those rewards points go. Convert them to Velocity only when required, rather than waiting for a monthly transfer. Sometimes, there are bonuses for transferring too.
   
   Most major banks offer this option, including American Express, ANZ, CBA, NAB and St.George.

What to look for when searching for the best Velocity frequent flyer credit cards

• Bonus points offer: Most rewards cards will have bonus points offers to lure new customers in. Often these are the easiest ways to score a huge boost of Velocity Points, making premium reward flights more accessible.
  
  Still, be mindful of annual fees and the spending criteria of any given offer before applying.
• Earn rates: Also consider how many Velocity Points can be earned on an ongoing basis? One of the highest earn rates is 1.25 Velocity points per dollar, uncapped, through American Express.
  
  Most non-Amex cards will earn 0.5 to 1 point per dollar, depending on the card type. Some cards will have caps on the number of points earned per month, which could impact those who spend more than the threshold at which these restrictions kick in.
• Bonus travel inclusions: Some higher-end Velocity credit cards will include extras to enhance your travel experience. These could include Virgin Australia lounge passes, free return domestic flights, and travel credits. 
  
  Consider if these will be of any use to you. For example, Velocity Gold and Platinum members already have access to Virgin Australia lounges, so bonus lounge passes may be of limited use, except when flying with additional guests.

• Included insurances: Platinum-grade Velocity Frequent Flyer credit cards may include some form of complimentary insurances. Most common is travel insurance, which could be activated when purchasing flights or accommodation with the card.
  
  Be sure to read the Product Disclosure Statements (PDS) very carefully, as these free insurances often have lots of clauses that can catch you out.
  
  Other cards might go above-and-beyond and include price-drop protection, extra extended warranties on products, or even smartphone screen damage cover.

What to be mindful of with Velocity Frequent Flyer credit cards

There can be other considerations when deciding which Velocity Frequent Flyer rewards card could be a good fit.

• Annual fee: The bigger the inclusions with a rewards credit card, the higher the annual fee generally will be. For instance, consider whether paying such a fee is worth it for a card that includes lounge access and a free domestic return flight.
  
  Unless there’s a special ‘no annual fee’ promotion, expect most Velocity-earning credit cards to have some sort of annual fee to cover part of the costs of the benefits provided.
• Interest rate: All rewards cards have high-interest rates – they’re not inherently designed for carrying a balance from month to month. For those who struggle with credit card debt, a Velocity rewards card may not be the best option, as the fees and interest incurred would likely outweigh the value of any Velocity Points earned.
• Interest-free days: Most credit cards allow between 44-55 days interest-free for your purchases. This can provide a little breathing space to pay off purchases.
• Income requirements: Platinum-level Velocity credit cards will usually require a higher minimum income level to qualify. Expect banks to request payslips or other supporting documents to substantiate any amounts presented during an application.
  
  For those living with a partner, combined household income might be taken into account, depending oon the process of each card issuer. Check the terms and conditions carefully before applying.

What to know before applying for a Velocity credit card?

Here’s a quick checklist of what to be aware of before considering an application for a Velocity credit card:

1. Are there exclusions on earning bonus points? Most cards exclude customers from receiving bonus points if they’ve held the same (or similar) credit card in the last 12-18 months. This will be in the terms and conditions.
2. What are the rules for earning those bonus points? Most bonus point offers require a certain degree of card spend (typically $1,000+) per month, for a few months.
3. Could credit score have an impact? In general, card issuers are more likely to accept applications from those with a higher credit score, versus those who have a lower score.

How to earn Velocity points after geting a credit card?

There are a few strategies that new cardholders could employ to continue earning Velocity Points on everyday transactions.

• Put everyday purchases on the card: from flights to groceries, fuel to concert tickets, putting everyday household expenses onto a points-earning credit card can really add up. Paying off the closing balance in full every month can help avoid interest charges.

• Keep an eye out for bonus partners: Velocity has teamed up with many companies which offer bonus points with purchases, such as through the Velocity e-store or by swiping your Flybuys card at Coles.

• Take advantage of transfer promos: For those with an indirect earn Velocity credit card, transferring points to Velocity when there’s a transfer bonus can be even more rewarding. This could provide you a huge chunk of extra points, just for transferring at the right time.

Frequently asked questions

The following answers are general advice and do not take into account your personal circumstances. Be sure to consider all aspects of a Velocity credit card before applying.

Which credit card gives the best flight points?

Generally, American Express credit cards offer some of the highest sign-up bonuses and daily Velocity points earn rates. However, be mindful that annual fees are often higher, and acceptance of American Express is not as widespread as Visa or Mastercard.

What is the best frequent flyer credit card?

The best frequent flyer card depends on the personal circumstances of each individual. As we don’t take these into account, we’re unable to suggest one ‘best’ frequent flyer credit card. Instead, this guide may help you understand many of the popular aspects of Velocity-branded credit cards, as you make your own decision.

Which credit cards can earn Velocity points?

Here are just some of credit card issuers that provide Velocity Points, in one way or another: American Express, Virgin Money, ANZ, Commonwealth Bank, NAB, St. George, Bank of Melbourne, BankSA, Suncorp and BOQ.