Rewards Platinum (Velocity)

The current ANZ offer excludes customers who hold or held an ANZ Rewards or ANZ Frequent Flyer card in the last 24 months. ANZ Reward Points are converted to Velocity Points; the rate shown is the effective Velocity earn rate on the first spend tier.

Points in Virgin Australia Velocity Frequent Flyer are modelled at about 2.5c each. The 80,000-point signup bonus is worth roughly $2,000.

Modelled estimate, not a cash saving. Excludes taxes and carrier charges. Points earned on personal spending are generally not taxable income.

Direct earn into Virgin Australia Velocity Frequent Flyer.

- Velocity Points earn via ANZ Rewards

- Travel insurance subject to terms

Perks are shown for independent consideration and do not increase the beta ranking value.

Last checked: 2026-06-17. Offers and eligibility terms change frequently.