Our premier Velocity credit card gets you our highest Velocity Points earn rate as well as complimentary airport lounge access, seat upgrades, insurances and concierge.
Last product change: 04 Jun 2025
Last checked: 14 Aug 2025
| Type | Rate (p.a.) | Comparison Rate (p.a.) | Duration |
|---|---|---|---|
Cash Advance | 21.99% | - | |
Interest on cash advances | |||
Purchase | 20.99% | - | |
Interest on purchases | |||
| Billing Frequency | Details | |||
|---|---|---|---|---|
| Annual Card Fee | Periodic | $295.00 | P1Y | $295 plus a separate $75 Velocity Rewards Fee, charged annually (applicable only when the Altitude Velocity rewards program is selected) |
| Foreign Transaction Fee | Transaction | Payable as a percentage of the Australian dollar value of any foreign transaction. Applies for transactions in a foreign currency, or in Australian dollars but processed by an overseas merchant or financial institution. Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. | ||
| Cash Advance Fee | Transaction | null | ||
| Missed Payment Fee | Event | $15.00 | $15 each statement cycle that the minimum monthly payment is not paid by the statement due date. | |
| Overlimit Fee | Event | $0.00 | $15.00 once per statement period if your credit card account was opened before 4 June 2012. No overlimit fee will be charged for personal credit card accounts opened on or after 4 June 2012. | |
| Annual rewards program fee | Periodic | $75.00 | P1Y | Applies annually for customers who choose to earn Velocity Points through the Altitude Velocity rewards program |
| Additional Cards | 1 additional card Earn points faster by adding one additional cardholder (16 years or older) at no extra cost. |
| Interest Free Period | 45 days |
| Loyalty Programs |
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