Banking your way just got a whole lot more rewarding

Whether you’re spending big, saving hard, or simply building better money habits, we’re all for recognising and rewarding you every day, not just someday.

It’s easy to earn Virgin Money Points on your everyday Virgin Money Go Account and with our partners. It’s even easier to use them for something epic. Read on for some points planning inspo. 


How to earn Virgin Money Points

8 points on every purchase1

Yep, you’ll earn 8 points with every purchase, direct debit or BPAY payment. 

Just for being you3

We like to reward you for the little things. That could be things like reaching a milestone or just to say thanks. 

Red hot partner offers12

Access loads of partner offers to earn thousands of bonus points and other epic benefits from awesome brands like The ICONIC and Menulog.

Booking a hotel21

Simply book your next hotel stay with us and earn 5 points per $1 spent upon check-out. And all from within the app.

5K Welcome Offer5

Get 5,000 Bonus Points when you open a new Virgin Money Go Account and meet the welcome offer criteria.5 Ends 31/07/24. T&Cs apply. New customers only.

Refer a friend13

Referring a friend to the Virgin Money Go Account could earn you 5,000 bonus points. T&Cs apply.


How to use Virgin Money Points

Points for cash14

Swap your points for cash back into your Virgin Money Go Account or one of your linked savings accounts.

Pay with points15

Use your points to pay for a recent purchase...and poof! - it's like it never happened. 

Gift cards16

A gift for you, or a gift for someone else. Choose from our range of gift card partners.

Share your points17

Show you care. Give the gift of points to anyone you want - they just need to have a Virgin Money Account.


Still have some questions? Let’s see if we can answer them for you now.

  • What is Virgin Money Rewards?

    Virgin Money Rewards is our loyalty program designed with you in mind. Our goal is to recognise and reward you for who you are, and to help you create better money habits. It’s about giving you a rewarding banking experience every day, not just someday.

    You'll earn Virgin Money Points for a whole heap of things like partner offers, everyday settled purchases (not pending) using your Debit Card, direct debits and BPAY payments on your Virgin Money Go Account and cash outs from a merchant's point of sales terminal, we might just decide to say thanks or well done, as well, for doing a bunch of good things for you (not us). And when it comes to using your points, we’ll give you plenty of ways that work for you too.

  • What Virgin Money products have access to Virgin Money Rewards?

    You'll get access to Virgin Money Rewards with any of our transaction or savings accounts: 

    Earn Standard Points on settled purchases (not pending), BPAY payment and direct debit on your Virgin Money Go Account and cash outs from a merchant's point of sales terminal. You’ll also be able to earn Bonus Points through a huge range of partner offers and booking hotels. Not to mention, you’ll get access to other epic perks and experiences along the way.

  • Does the way I earn points change if I have a Joint Account?

    In most cases, if you hold a joint Virgin Money Go Account, most points will be split down the middle between you and your mate. For example, you will each earn 4 Virgin Money Points per settled purchase, direct debit or BPAY payment on your Virgin Money Go Account and cash outs from a merchant's point of sales terminal.

    If you earn Bonus Points through one of our partner offers, the joint account holder who made that purchase will receive all the Bonus Points.

  • Will I still earn Velocity Points on my credit card and other products with Virgin Money?

    Yep, if you’re currently earning Velocity Frequent Flyer Points on a Virgin Money credit card, home loan*, super or insurance, you’ll continue to do so, just as you do today. Want Virgin Money Rewards on top of that? Simply take out one of our Virgin Money transaction or savings accounts to get earning.

    Want to convert your Virgin Money Rewards Points to Velocity Points? We got you covered there too! Simply access the Rewards Hub in your Virgin Money app to get redeeming with any of our partner travel programs.

    *If you make a material change to your home loan including a restructure and/or opening a new loan account on or after 25 May 2020, you may no longer be eligible to earn Velocity Points. Please contact our Customer Care Team on 13 81 51 to discuss any changes you’re are considering.

  • Do my Virgin Money Points expire?

    There’s no 'use-by' date on these points if you have an active Virgin Money Go Account, Grow Saver or Boost Saver Account with us and have earned or redeemed a point within the last 2 years. That said, if you close all your accounts the Points you earned will expire within 3 months of closing and you will only be able to redeem any remaining Points as an eVoucher (giftcard).