TravelHacker.com.au

Best cards for Velocity Frequent Flyer points

Independent

Ways to build Velocity Points with an Australian credit card — cards that earn the currency directly, plus flexible bank points that can transfer in.

Last updated

Direct earners
1
Transfer-in routes
5
Top earn rate
1.25 pt/$

Velocity Points come from flying Virgin Australia, a solid set of earning credit cards, the Flybuys supermarket ecosystem (Coles), and transfers from flexible bank currencies. The Flybuys link makes Velocity unusually easy to top up from everyday grocery spend.

Earns Velocity Points directly

American Express Velocity Platinum Card

American ExpressAmex· earns Velocity Points
1.25 pt/$
base earn rate
Annual fee
$440
Sign-up bonus
Network
Amex

Earns Virgin Australia Velocity Points directly. Confirmed on official Amex AU page: 1.25 Velocity Points per A$1 on eligible purchases; 0.5 Velocity Points per A$1 on government spend.

Official card page

Last updated

Flexible points that may transfer in

These earn transferable bank points. Transfer availability and ratios change — confirm with the rewards program before relying on a transfer.

Westpac Altitude Rewards Black Credit Card

WestpacMastercard· earns Westpac Altitude Rewards
2 pt/$
base earn rate
Annual fee
$295
Sign-up bonus
100,000 pts$12,000 / 365d
Network
Mastercard

Earns Westpac Altitude Rewards points (bank-proprietary; not in known currency list). Confirmed on official Westpac page: 2 Altitude points per A$1 on everyday domestic purchases (supermarkets, department stores, petrol, dining, utilities); 3 Altitude points per A$1 on international spend; 1 point per A$1 on all other purchases. Once A$10,000 is spent in a statement cycle, 0.5 Altitude points per A$1 on further eligible purchases. Standard card fee A$295 p.a.; discounted first year A$200 new customers / A$149 existing Westpac customers.

Official card page

Last updated

ANZ Rewards Black Credit Card

ANZVisa· earns ANZ Rewards
2 pt/$
base earn rate
Annual fee
$375
Sign-up bonus
130,000 pts$5,000 / 90d
Network
Visa

Earns ANZ Reward Points (bank-proprietary; not in known currency list). Confirmed on official ANZ page: 2 ANZ Reward Points per A$1 on eligible purchases up to and including A$5,000 per statement period, then 1 point per A$1 above A$5,000. Total annual fee A$375 = A$320 Annual Fee + A$55 Rewards Program Service Fee.

Official card page

Last updated

ANZ Rewards Platinum Credit Card

ANZVisa· earns ANZ Rewards
1.5 pt/$
base earn rate
Annual fee
$149
Sign-up bonus
85,000 pts$3,500 / 90d
Network
Visa

Earns ANZ Reward Points (bank-proprietary; not in known currency list; convertible to Velocity Points among other options). Confirmed on official ANZ page: 1.5 ANZ Reward Points per A$1 on eligible purchases up to and including A$2,000 per statement period, then 0.5 ANZ Reward Points per A$1 over A$2,000. Total annual fee A$149 = A$94 Annual Fee + A$55 Rewards Program Service Fee. Current promo offers a choice: Option 1 (Velocity) 60,000 bonus Velocity Points + A$50 back on A$3,500 spend in first 3 months (plus 20,000 more for holding 15+ months); Option 2 (ANZ Rewards) 85,000 extra ANZ Reward Points + A$50 back on A$3,500 spend in first 3 months (plus 40,000 more for holding 15+ months, total up to 125,000). signupBonus field reflects the ANZ Rewards option first-tranche (85,000 ANZ Reward Points).

Official card page

Last updated

NAB Rewards Platinum Card

NABVisa· earns NAB Rewards
1 pt/$
base earn rate
Annual fee
$195
Sign-up bonus
80,000 pts$3,000 / 90d
Network
Visa

Earns NAB Rewards Points (bank-proprietary; not in known currency list; transferable to airline partners incl. Velocity at 2:1). Confirmed on official NAB page: 1 NAB Rewards Point per A$1 on everyday purchases; 1.5 NAB Rewards Points per A$1 at eligible grocery stores; 2 NAB Rewards Points per A$1 on purchases made online with Webjet. No monthly points cap. Annual fee A$195 p.a. Sign-up bonus 80,000 bonus points on A$3,000 everyday-purchases spend within the first 90 days, plus 20,000 more for keeping the card over 12 months (total up to 100,000). Bonus not available to customers who held any personal NAB Rewards credit card within the previous 24 months.

Official card page

Last updated

CommBank Ultimate Awards Credit Card

Commonwealth BankMastercard· earns CommBank Awards
1 pt/$
base earn rate
Annual fee
$420
Sign-up bonus
60,000 pts$9,000 / 90d
Network
Mastercard

Earns CommBank Awards points (bank-proprietary; not in known currency list) by default, with optional opt-in to earn Qantas Points instead for A$90/year. Confirmed on official CommBank page: 1 Awards point per A$1 on general purchases; 2 Awards points per A$1 at supermarkets, department stores, petrol, dining and utilities; 3 Awards points per A$1 on international transactions. All earn rates apply up to and including A$10,000 per statement period, then 0.5 Awards points per A$1. Qantas opt-in converts at 2.5 Awards points to 1 Qantas Point (0.4 / 0.8 / 1.2 Qantas Points per A$1 respectively). Monthly fee A$35, waived in any statement period with A$4,000+ spend (so up to A$420/year if threshold never met).

Official card page

Last updated

How to pick the right card

  • 1.Start with the sign-up bonus.It's usually the biggest points haul of year one — but check the minimum spend and whether you can meet it without buying things you don't need.
  • 2.Weigh the earn rate against the annual fee. A higher points-per-dollar rate only pays off if your spend is large enough to outrun the fee.
  • 3.Decide: direct or flexible. Earning Velocity Points directly is simplest; earning transferable bank points keeps your options open if your plans (or Velocity Frequent Flyer's value) change.
  • 4.Have a redemption in mind.Points are only worth earning if you'll use them — check what Velocity Points actually books before you apply.

Frequently asked

What's the best credit card for Velocity Frequent Flyer points in Australia?
The fastest route is a card that earns Velocity Points directly — there is 1 in our list, earning up to 1.25 points per $1 spent. The best card for you depends on the annual fee, sign-up bonus and how much you spend.
Is it better to earn Velocity Points directly or transfer points in?
Direct-earning cards are simpler and lock you into one currency. Cards that earn flexible bank points keep your options open — you can transfer to Velocity Frequent Flyer or to a different program later — but transfers are one-way and ratios change, so they suit people who value flexibility over simplicity.
Do sign-up bonuses count toward Velocity Points?
Yes — a card's sign-up bonus is usually the single biggest chunk of points you'll earn in year one, often dwarfing everyday spend. Weigh the bonus (and any minimum-spend requirement) against the annual fee when comparing cards.

Next steps