Anyone have any tips on meeting 'Eligible Transaction' spend with Virgin Money?

Credit Cards & Credit Card Programs
1

Recently joined Velocity Flyer credit card which requires $1.5k spend to earn bonus Velocity Points, however Eligible Transactions are quite specific.

Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, 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).

2

Hi Kevwiz,

That list is long, but pretty self-explanatory. Basically any spending on goods and services that are not related to a government entity will count as an “eligible transaction”.

The real trap with Virgin money is that the countdown for the monthly spending starts from the “card approval” date and not from the date you receive your card. So if the card gets approved on, say, the 3rd of the month, but you don’t receive and activate your card until the 10th, you have until the 3rd of the next month to meet the spending criteria. It’s worth giving Virgin Money a call after you receive your card to ask them what the actual “approval date” was, so you don’t get caught short with the first month’s spending.

Hope this helps!