5,000 REASONS TO JOIN THE PARTY Virgin Money (2,500 Velocity) by opening a debit card account

[albatross710]

Use this referral link here.

1. Open an account
2. Make a purchase within 30 days of opening.

5,000 virgin money points for you and for the referrer (me). Signup was quick using Australian licence.

Virgin Money points transfer to Velocity 2:1.

My qualifying transaction was a BPay to a credit card statement.

Something for free by signing up here.

 

[drron]

Sounds pretty good. Will check it out further.

 

[NoName]

Looks good to me too. Will likely sign up.

 

[Happy Dude]

This is one of the few accounts running a rewards scheme where Bpay to a credit card earns points. There's also occasional decent bonus points offers for spend at merchants. The points can be used to buy GCs or transfer to VA.

Reminiscent of the Bankwest deal some here exploited, I did a few months' worth of daily bulk $1 payments before they warned me, then a couple of months more before they banished me from the rewards program. The length of my credit card bills was hilarious. Be sure to burn points as they're earned, don't stockpile.

Still have the use of the account but since Citi Payall ended, I've no use for it.

 

[NoName]

Reminiscent of the Bankwest deal some here exploited, I did a few months' worth of daily bulk $1 payments before they warned me, then a couple of months more before they banished me from the rewards program. The length of my credit card bills was hilarious. Be sure to burn points as they're earned, don't stockpile.

I had the same thoughts but their terms cover this very clearly. Specifically call out small transactions.