Anytime Rewards credit card

Are credit card rewards worth it?

If using a credit card is a convenient way to manage regular spending, you can take advantage of earning rewards on things you already buy.

Cards like the Anytime Rewards credit card offer Virgin Money Points on Eligible Transactions, which can be redeemed on rewards like cash back, gift cards or to pay for purchases you’ve already made.

As with any credit card, make sure you know the annual fee and interest rate, and pay your credit card bill in full every month to avoid additional fees and charges.

How do credit card rewards work?

When you pay for Eligible Transactions on a credit card that earns rewards, you earn ‘points’ for your spending. With the Anytime Rewards credit card, you earn Virgin Money Points, and these can be redeemed for rewards available in our Virgin Money Rewards program, which include cash back, gift cards and more.

Some cards have a limit on how many points you can earn on purchases. The Anytime Rewards credit card has no limit on the points you can earn.

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 be able to earn Bonus Points through a huge range of partner offers and hotel bookings through the Virgin Money Rewards Hub. Not to mention, you’ll get access to other epic perks and experiences along the way.

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.

How do I earn Virgin Money Points?

Once your Anytime Rewards credit card is registered on the Virgin Money app, you’ll be enrolled in Virgin Money Rewards. You can earn 1 Virgin Money Point for every $1 spent on Eligible Transactions,²⁹ with no limit to the number of points you can earn.

What can I redeem my Virgin Money Points for?

Your Virgin Money Points can easily be redeemed via the Virgin Money app. Choose gift cards from a range of our partners, swap your points for cash back, transfer them to Velocity Frequent Flyer (part of Virgin Australia’s Velocity Frequent Flyer program), share them with a joint account holder or use your points to credit the amount of a recent purchase.

How do I know how many Virgin Money Points I have to redeem?

You can easily check your Virgin Money Points balance to see how many points you can redeem. Just go to the Rewards Hub in the Virgin Money app.

Can I get cash back with the credit card?

Yes, you can swap your points for cash back onto the primary cardholder’s Anytime Rewards credit card, or one of your linked savings accounts.

What does cash back on a credit card mean?

With the Anytime Rewards credit card, you can redeem the points you’ve earned for cash back, and the value of those points will be returned to your account in cash.

Important information

Fees, charges, and credit criteria apply. New cards customers only and cannot be used in conjunction with any other offers. See our full terms and conditions here. A credit check is performed each time you apply for a credit card. Credit reporting bodies make a record of these enquiries and this information may be used and disclosed for the purposes of assessing your credit worthiness, including your credit score and credit rating. For example, making multiple credit applications over a short period of time could have a negative effect on your credit score, as this may reduce your chances of approval.

All interest rates shown are variable. This information is correct at 14 March 2025. You must be at least 18 years of age to apply for a credit card. If you are a permanent resident you must earn at least $25,000 p.a. for the Virgin Money No Annual Fee Card, $35,000 p.a. for the Virgin Money Low Rate Card, Virgin Australia Velocity Flyer Card and Virgin Money Anytime Rewards Card or $75,000 p.a. for the Virgin Australia Velocity High Flyer Card. Approval is subject to our credit criteria.

All offers are non-transferrable, not redeemable for cash, and subject to change or withdrawal without notice at the discretion of Virgin Money.

Please note that to read our PDF forms, you will need to have Adobe Reader installed on your computer.

Virgin Money Australia, a division of Bank of Queensland Limited ABN 32 009 656 740, Australian Credit Licence 244616 (“BOQ”), promotes and distributes the Virgin Money Credit Cards ("Credit Cards"). National Australia Bank Limited ABN 12 004 044 937 Australian Credit Licence 230686 (“NAB”) is the credit provider and issuer of the Credit Cards. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to assist to administer the Credit Cards. Our/us/we means NAB unless the context otherwise requires it. BOQ does not and will not guarantee or otherwise support NAB’s obligations under the contracts or agreements connected with the Credit Cards.

To obtain a copy of the Target Market Determination (TMD) related to this product.

Things you should know

1. Offer commenced 03 February 2025. Your total Balance Transfers may not exceed 80% of your credit limit. The Balance Transfer interest rate applies to balances transferred with this offer for the period shown, from the date the Balance Transfer is processed, and the balance transfer fee (if applicable). At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the interest rate for cash advances, currently 20.99% p.a. on the Virgin Money Anytime Rewards Card, Virgin Australia Velocity Flyer Card, Virgin Australia Velocity High Flyer Card and Virgin Money No Annual Fee Card, and 21.69% p.a. for the Virgin Money Low Rate Card. Interest rates are variable and subject to change. The interest rates are current as at 14 October 2024. Please note that unless advertised otherwise, you are not entitled to any interest free days whilst you have a balance transfer. This means that all spend will be charged interest at the applicable ongoing purchase rate. If we approve your credit card application, the Balance Transfer offer will be available for 3 months from the date your application is approved. Both Velocity Points and Virgin Money Points are not issues on balance transfers. Offer may be varied or withdrawn at any time. If a balance transfer fee applies the fee will be debited from your account on the day or the day after your balance transfer is processed. View more information about Balance Transfers.

4.You can earn Bonus Points through offers from selected partners when you shop online at participating retailers through the Partner Offers in the Rewards Hub or make a settled debit card purchase with selected merchants described in the Partner Offers in the Rewards Hub. Online Only Offers are facilitated by Ascenda and are subject to Ascenda’s additional Ascenda Terms and Conditions. Individual offers may also be subject to relevant merchants’ terms and conditions.

8. Unless advertised otherwise, the interest free period applies when you pay your full closing balance from your last statement of account by the payment due date (excluding any Fixed Payment Option balance which isn’t due for payment by that payment due date). No interest free period is available on Cash Advances or Balance Transfers. Whilst you have a Balance Transfer you will be charged interest on your daily unpaid balance.

9. Withdrawal limits, fees and charges may apply.

12. Visa's Zero Liability policy covers Australian and New Zealand-issued cards and does not apply to ATM transactions, transactions not processed by Visa or certain commercial card transactions. Cardholders should notify their issuer promptly of any unauthorised Visa use. For more details and terms and conditions click here.

13. Offer commenced 4 September 2024. 80,000 bonus Virgin Money Points will be awarded to new and approved Virgin Money Anytime Rewards Credit Card account holders when $3,000 or more is spent on eligible purchases within 3 months from account approval. An eligible purchase means any purchase excluding Cash Advances, Balance Transfers, Special Promotions, refunds and chargebacks, purchases of foreign currency and travellers cheques, transactions made in operating a business, and fees and charges such as interest and ATM charges. Please note that if you have a balance transfer, you will be charged interest on any spend you make. Credit Card application must be submitted through this page. Points will be credited to the Primary Cardholders Virgin Money Account up to 2 months after the qualifying purchases. Offer may be varied or withdrawn at any time. Offer is not available to existing Virgin Money Credit Card holders (including upgrades).

29. Earn 1 Virgin Money Point for every $1 spent on Eligible Transactions. There is no limit to the amount of points you can earn. Points will be transferred to your Virgin Money Rewards account within 15 Business Days after an Eligible Transaction has been processed by us. To earn and redeem Virgin Money Points, you must hold a Virgin Money Anytime Rewards Credit Card and add your credit card to your account profile in the Virgin Money app. Points earn and redemption are subject to the Virgin Money Rewards Terms and Conditions and the Credit Card Rewards Program for Anytime Rewards Cardholders Terms and Conditions. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, refunds and chargebacks, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges, and government related transactions. Government related transactions include transactions with government or semi-government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). See Credit Card Rewards Program for Anytime Rewards Cardholders Terms and Conditions for full details and definitions.

36. For a list of compatible Apple Pay devices, see support.apple.com/en-us/102896.

37. Samsung Pay is only compatible with selected Samsung devices. For full list of compatible devices, please visit www.samsung.com/au/apps/samsungpay/ .

40. Google, Android, Google Pay and Google Wallet are trademarks of Google LLC. Terms and Conditions are available here. Google Pay is available on compatible Android mobile devices.

55. Menulog: Virgin Money reserves the right to amend or withdraw this offer at any time without notice. Points offer expires midnight 31/05/2024 AEST. To be eligible for points, you must pay using your Virgin Money Visa Debit Card at the checkout. Maximum of 3,000 points earned per calendar month per cardholder. Orders that are cancelled or refunded will not be eligible for points. This offer cannot be used in conjunction with any other offer. Excludes voucher codes, gift cards, cash back and coupon deals. You must click on the Menulog offer within the Virgin Money app and pay with your Virgin Money Visa Debit card at the checkout.

57. OVO Energy: Virgin Money reserves the right to amend or withdraw this offer at any time without notice. Offer expires midnight 31/05/2025 AEST. To be eligible for points you must access the partner site through the link provided in this application and pay using your Virgin Money Visa Debit Card. You will earn your bonus 20,000 points within 15 business days of your first bill cycle payment. From your second bill cycle payment onwards, you will earn 10 Virgin Money Points for every $1 spent once you pay using your Virgin Money Debit Visa Card. Allow up to 5 business days from the date of transaction for the points to be credited to your account. You will earn points for one billing cycle post the termination date if your payment falls within the month before the offer expiry date. If you have set up a direct debit and your payment period falls after this period, you will no longer earn points.

You are unable to claim the 20,000 bonus points offer if you are an existing OVO Energy customer, however you can still access the ongoing points offer simply by updating your billing details directly with OVO Energy. Applications are subject to credit clearance and the availability of service in your area. This offer cannot be used in conjunction with any other offer. Excludes voucher codes, gift cards, cashback and coupon deals. This offer is subject to the Virgin Money Rewards Terms and Conditions.