Significant risks
The significant risks associated with the Product include:
• We may cancel your Product at any time11
11 See section 20 (Card expiry and cancellation) of the Terms and Conditions.
Cancellation
20.4 You may ask for a Physical Card to be cancelled at any time, in which case a new
Velocity Membership Card without payment functionality will be sent to you.
20.5 If you have a Virtual Card, you may request its cancellation at any time through the
Website.
20.6 We may cancel your Card at any time. Where possible, we will give you 20 days'
advance notice of the cancellation. However, we may act without prior notice if:
- we believe that use of the Card may cause loss to you or to us; or
- we believe that it is required for security purposes; or
- you breach any material term or condition of this PDS, including these Terms
and Conditions; or
- we suspect the Card has been used illegally; or
- you have ceased to be a member of Velocity Frequent Flyer.
20.7 If we cancel your Card, we will give you notice as soon as reasonably practical
afterwards.