Boost your points balance, your way

Here’s the lowdown on how you can build a serious Virgin Money Points balance

Welcome Bonus5

We’ll give you 5,000 bonus points when you take out a new Virgin Money Go Account and make a purchase, direct debit or BPAY payment which settles (not pending), in your first 30 days.  Hurry – the deal ends 31 January 2022.

Everyday purchases1

Earn 8 Virgin Money Points for every purchase, direct debit and BPAY payment on your everyday Virgin Money Go Account. Simply meet the Monthly Criteria in the previous month and voila – you’ll earn points!

Refer a friend13

Bring a friend to the party, and we’ll thank both of you with 5,000 bonus Virgin Money Points when they sign up for a new Virgin Money Go Account and make a purchase, direct debit or BPAY payment which settle (not pending),within the first 30 days. 

Red hot partner offers12

You can earn thousands of bonus Virgin Money Points from a range of partner offers all from the palm of your hand. From your favourite big brands and local stores, to brands making a difference in this world. 

Booking a hotel21

Taking a mini-break or road-tripping somewhere? We’ve got your next hotel stay sorted. With Virgin Money Rewards you can book your hotel at great pricing all within the app and earn 5 bonus points per $1 spent at check-out. Now, where to next?

Just for being you3

We love to reward and recognise you for the little things, too. So don't be surprised if we send you points, perks and great experiences for things like your birthday, reaching a milestone, or just to say thanks. 

See how quickly you can earn points

See how easy it is to get a whole heap of points

If you love a good partner offer and you use your card for everyday purchases,
it doesn’t take much for your points to add up.

Daily activity

Virgin Money Points earned

Purchase made, welcome bonus on your new Virgin Money Go Account received5

5,000 bonus points

Grabbing your morning coffee then tapping on the bus to work

16 points

Monthly Telstra bill BPAY payment made

8 points

Netflix subscription direct debit paid

8 points

Business lunch at Pablo & Rusty for $150 – bonus points partner12

3,000 bonus points

Weekly grocery shop before heading to dinner with friends

16 points

New pumps from Puma online for $100 – bonus points partner12

1,600 bonus points

Checked out of our 2 night hotel stay at the Brunswick Chalet in Byron Bay with my bestie21

4,950 bonus points

Successfully referred a friend who made a purchase on their new Go Account within 30 days13

5,000 bonus points

That’s already 19,598 Virgin Money Points.
How easy was that?

Already a customer? Check out your offers

 

*The above table assumes the Monthly Criteria has been met on the Virgin Money Go Account to unlock your benefit of 8 points per purchase, direct debit or BPAY payment. Bonus Points earned are based on partner offers available as at 2 March 2021 through our Virgin Money Rewards program and assume individual offer conditions were met. These offers may be updated from time to time without notice.


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FAQs

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 new program that’s more than just ‘loyalty’. Say goodbye to points you’d never spend and ‘rewards’ you’d never use, and say hello to a program that’s all about you. Recognising and rewarding you for who you are, and to helping you create better money habits. It’s about giving you a rewarding banking experience every day, not just someday.

    As well as earning Virgin Money Points for a whole heap of things like partner offers, everyday purchases, direct debits and BPAY payments when you meet the Monthly Criteria (see below) on your Virgin Money Go Account, 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.

    The best part? There’s more to come. We’re still new and building our program and we have some exciting stuff planned. We can’t wait to share it with you.

  • How can I earn points?

    We love to give, so there's heaps of ways to earn points:

    • For making a purchase, direct debit or BPAY payment on your everyday Virgin Money Go Account when you meet the Monthly Criteria the previous month
    • Partner offers
    • Booking a hotel with Virgin Money Rewards
    • Referring a friend - to their first Virgin Money Go Account (T&Cs apply)
    • Welcome bonus on a new Virgin Money Go Account (T&Cs apply)
    • Just for being you. We’ll find the perfect moment to surprise you with bonus points, little perks or special offers, just to say thanks

    Getting up and running is easy if you’re already a customer and have the app. Just head to the Rewards hub > Earn to start earning today.

    Learn all the ways to earn 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 new Virgin Money transaction or savings accounts to get earning.

    *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.

  • 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: the Virgin Money Go Account, Virgin Money Boost Saver or Virgin Money Grow Saver.

    If you hold a Virgin Money Go Account, not only does it come bundled with our highest interest savings account – the Virgin Money Boost Saver –  but you'll also get ALL the perks of Virgin Money Rewards. This includes earning points on every purchase, BPAY payment and direct debit when you meet the Monthly Criteria each month (see below). You’ll also be able to earn 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.

    If you only have a Grow Saver, you’ll still be able to book hotels through the mobile banking app and have access to a huge range of partner offers – just not as many as you would if you have our Go Account as well. If rewards get you excited, then you might want to check out our everyday Go Account.

    No matter which account you hold, once you’ve got the points, you’ll be able to use them for cashback, shop for gift cards, or even erase purchases if you have a Go Account.

  • Do my Virgin Money Points expire?

    There’s no 'use-by' date on these points as long as you have an active eligible product with us and have earned or redeemed a point within the last 2 years. That said, if you close all your accounts, you’ll have 3 months to redeem any outstanding points.

  • How can I redeem points?

    You’ve got plenty of options.

    Check out how to redeem points

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

    In most cases, if you hold a joint account, the points will be split down the middle between you and your buddy. For example, when you collectively reach the Monthly Criteria on your joint account, you will each earn 4 Virgin Money Points per purchase, direct debit or BPAY payment the next month.

    But, if one of you takes up one of our awesome partner offers, the joint account holder who made that purchase will receive all the points.

  • What is the Monthly Criteria?

    To unlock 8 points per purchase, direct debit and BPAY payment on your Go Account, plus bonus interest on your Boost Saver, you need to meet the Monthly Criteria in the previous month. Here’s what you need to do each month:

    Age group Monthly Criteria
    14 – 17 years There are no criteria required to activate the benefits. You’re already good to go.
    18 – 24 years
    Deposit $1,000 or more from another financial institution (such as your salary) into your Virgin Money Go Account and make at least 5 purchases, direct debits or BPAY payments which settle in that month (not pending). Ready? Go.
    Over 25 years
    Deposit $2,000 or more from another financial institution (such as your salary) into your Virgin Money Go Account and make at least 5 purchases, direct debits or BPAY payments which settle in that month (not pending). Let’s go!