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MyCard Rewards Credit Card - Up to 80,000 bonus Velocity Points¹

Earn up to 80,000 Velocity Points (converted from 240K MyCard Reward Points) with a MyCard Rewards Velocity Credit Card.⁷ Receive 60,000 Velocity points when you spend $5,000 in the first 90 days of card approval, and 20,000 Velocity Points on your first anniversary of card approval. Automatically transfer Points to Velocity Frequent Flyer each month with Points Autoredemption. Get 0% p.a. for 12 months on balance transfers. Balance transfer must be applied for during card application; a 3% BT fee applies. Balance Transfer rate reverts to Cash Advance rate after the promotional period.⁸ Bonus Points: 80,000 pts Earn Rate: 1 MyCard reward Point per $1 on eligible Domestic Spend up to $10,000 per statement period. 1 MyCard reward Point per $1 on eligible international spend uncapped Min Spend: A$5,000 Annual Fee: A$249

Points Earned

80,000

Cost Per Point

0.31c

Excellent

Deal Score

71/100

Cost Breakdown

Total Cost (AUD)$249.00
Annual Fee$249.00
Minimum Spend$5,000.00
Effective CPP0.311 cents/point

Card Details

Churning Cooldown24 months

This card has a 24-month churning cooldown. You must wait at least 24 months after closing the card before re-applying to receive the sign-up bonus again.

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General information only. This is not financial advice or credit assistance. Consider whether this product is right for your circumstances. Read the issuer's Key Facts Sheet and Target Market Determination before applying. Applying for credit may affect your credit score.

Quick Info

CountryAU
Card Typepersonal
First Seen03 Oct 2026
Last Updatedabout 1 hour ago
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