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Velocity co-branded (direct-earn) credit cards earn points on purchases and these points are automatically allocated to the holder's Velocity account each month. Co-branded cards are offered by American Express, NAB, Virgin Money and Westpac. [5] Most banks and credit companies have cards which earn points into their rewards program, which can ...
The card was marketed as a cheaper option to most other credit cards with up to 55 interest-free days and an interest rate of 12.99% (April 2007). Customers were entitled to offers through the credit card's 'Mates rates' scheme, which included offers from other Virgin companies in Australia such as Virgin Blue , Virgin Mobile and Virgin Atlantic .
Rewards Store: Points can be redeemed for various items like homewares and electronics. Flybuys Travel: Points can be redeemed for flights, hotels and package tours. Velocity Frequent Flyer: Points can be converted to Velocity Frequent Flyer Points in increments of 1000 Flybuys to 500 Velocity. Auto transfers can also be set up.
Putting cashback credit cards aside, these are the most common types of rewards credit cards offer: ... meaning 50,000 credit card points are boosted to become 70,000 Virgin miles.
We thought that Virgin might allow its most loyal patrons to exchange frequent flyer points for trips to space, and now it looks like they hope to jump-start the process with a seriously stacked ...
For example, if your credit card offers 5% cash back on groceries, then buying restaurant or department stores gift cards at your local grocery store may let you get 5% cash back on purchases that ...
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