Virgin Money rewards you with Velocity Points⁹ while you save for your tomorrow

You can earn Velocity Points on all contribution types¹¹, as well as super you rollover into your Virgin Money Super account. There are a few conditions you need to meet to ensure you are eligible to earn Velocity Points for a given Points Earn Period through the Engagement Program:

• You are a member of Virgin Money Super on the relevant Points Issue Date;
• You have updated your Virgin Money Super account with your Velocity Frequent Flyer number before the last day of the relevant Points Earn Period;
• have made a Superannuation Guarantee contribution or a voluntary contribution¹¹ into your Virgin Money Super account during the relevant Points Earn Period, noted above;
• have not made a rollover out (partial or full) of your Virgin Money Super account in the 18 months before the relevant Points Issue Date;
• are a member of the Velocity Frequent Flyer program; and
• are an individual who is an Australian permanent resident or citizen.

Things to keep in mind

Before you rollover or consolidate your superannuation, you should check to see if insurance or other benefits will be impacted or lost. Some funds may also charge withdrawal or exit fees. You should consider our Product Disclosure Statement. Please note this information does not constitute personal financial product advice, and you may wish to consult your financial adviser before making a decision about whether Virgin Money Super fits your objectives, financial situation and needs.

If you are considering making voluntary contributions into your Virgin Money Super account, you should consider your personal circumstances, the impact of such contributions to your contribution caps, as well as associated taxation issues before making any decision on making voluntary contributions. Concessional tax rates do not apply on contributions which exceed government contribution limits. See the ‘How Super is Taxed’ section of the Virgin Money Super Product Guide and the contribution fact sheet on our website for more information about contribution types and limits.

Eligible customers are able to earn Velocity Points during each of the Points Earn Periods¹⁰ - see below for the Points Earn Periods over the next year.

Velocity Points are paid to your Velocity membership account 3-4 months after the end of the Points Earn Period based on the net contribution’s¹⁰ you made to your Virgin Money Super account during the relevant Points Earn Period. Below is a table showing when points are paid based on when you contribute to your super.

To ensure you earn your points you must have provided your Velocity Frequent Flyer number by the end of any given Points Earn Period noted above. Just head to the personal details section in your online account to add your Velocity member number.

To ensure you earn your Points you must have provided your Velocity Frequent Flyer number by the last day of the given Points Earn Period noted above. Just head to the personal details section in your Virgin Money Super online account to add your Velocity Number.

To ensure you earn your points you must have provided your Velocity Frequent Flyer number by the end of any given Points Earn Period. Just head to the personal details section in your online account to add your Velocity member number.

There are some Velocity Points earn limits to be mindful of:

• A maximum of 5,000 Velocity Points through Concessional Contributions;
• A maximum of 20,000 Velocity Points through Non-Concessional Contributions;
• And an overall maximum of 250,000 Velocity Points per financial year.

You will not earn any Points for any contributions that exceed the relevant contribution limit.

Velocity is the award winning frequent flyer program of Virgin Australia, providing members with many easy ways to earn Velocity Points and enjoy fantastic benefits sooner. Velocity delivers all the benefits you can expect from a world-class frequent flyer program, plus a range of unique benefits. You need to be a Velocity member in order to earn Velocity Points from Virgin Money on your Virgin Money Super account.

Using your Velocity Points

When you're ready to redeem, you can use your Velocity Points to purchase flights and flight upgrades, car hire, accommodation, and hundreds of products, experiences and much more from the Velocity Rewards Store.

Join Velocity Frequent Flyer for free

Becoming a Velocity member is easy, you can sign up for free and only takes a few minutes. Simply visit the Velocity website, complete the Velocity join form and you'll be earning Points before you know it!