What you need to know when it comes to the velocity gold status

Published on November 20th, 2020
  Written by 
Bill Tsouvalas
Bill Tsouvalas is the managing director and a key company spokesperson at Savvy. As a personal finance expert, he often shares his insights on a range of topics, being featured on leading news outlets including News Corp publications such as the Daily Telegraph and Herald Sun, Fairfax Media publications such as the Australian Financial Review, the Seven Network and more. Bill has over 15 years of experience working in the finance industry and founded Savvy in 2010 with a vision to provide affordable and accessible finance options to all Australians. He has built Savvy from a small asset finance brokerage into a financial comparison website which now attracts close to 2 million Aussies per year and was included in the BRW’s Fast 100 in 2015 as one of the fastest-growing companies in the country. He’s passionate about helping Australians make financially savvy decisions and reviews content across the brand to ensure its accuracy. You can follow Bill on LinkedIn.
Our authors

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

At Savvy, our mission is to empower you to make informed financial choices. While we maintain stringent editorial standards, this article may include mentions of products offered by our partners. Here’s how we generate income.

Velocity frequent flyer program has three tiers, also known as levels, above the entry-level tier that come with benefits that can be unlocked by the number of points you have accumulated on your card. The Velocity gold status card comes with a range of benefits that can be enticing, but are they worth it? Here is what you need to know.

What is a Gold status?

The Gold status is a tier above the silver status that can be achieved when your credit balance reaches 500 and you have flown with four eligible sectors within the 12 month benefit period allocated to your card. However, it is important to note that you will need to earn 400 status Credits and fly four eligible sectors to maintain the card. This means failing to do this can see your status being removed along with the benefits. Therefore, it is important that you assess if you will be able to afford the card before getting it.

What are the benefits that you can get with a Gold Status?

If you are wondering if the Gold status frequent flyer card is worth your time and dime, the first place to stop at is its benefits. Velocity has included a range of premium perks such as:

  • Lounge Premium Entry. Get access to Virgin Australia Sydney and Brisbane Lounge entry and their Premium Valet.
  • Earn more points. Gold status lets you unlock 75% more points when compared to Red members and 25% more than Silver status members.
  • Flight privileges to fly ahead. You can request to fly ahead to your destination with an earlier flight which is subject to availability and class that you book.
  • Priority boarding. You can choose to board any time when you fly with Virgin Australia. You can do this by using the priority boarding lane or business class lane.
  • Global lounge access. Rest in style with access to 150 participating international airline partner lounges. Your access may not be automatic unless if you are able to present your ticket and Gold Velocity membership card.
  • Extra baggage allowance. You can squeeze in an additional checked bag.
  • Check-in counters. The card allows you to skip the long queues by gaining quick access through the economy check-in.
  • Quick access to security check lanes. Get access to an expedited security and passport control lanes at selected airports.
  • Family benefits. You are guaranteed four return Economy Reward Seats to any destination within Australia using Virgin Australia.

How can I maintain my card?

Once you have reached the Velocity Gold status level it will be valid for 12 months. You can assess the costs that come with maintaining the 400 status credits and 4 eligible flight sectors. This also means looking beyond the cost and seeing if the benefits that come with the card are suitable for the type of flyer that you are. Remember to read the terms and conditions that come with the card to see if it is suitable for you.

Did you find this page helpful?

Thanks for your feedback!

This guide provides general information and does not consider your individual needs, finances or objectives. We do not make any recommendation or suggestion about which product is best for you based on your specific situation and we do not compare all companies in the market, or all products offered by all companies. It’s always important to consider whether professional financial, legal or taxation advice is appropriate for you before choosing or purchasing a financial product.

The content on our website is produced by experts in the field of finance and reviewed as part of our editorial guidelines. We endeavour to keep all information across our site updated with accurate information.

In this article

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on pinterest

Smart money saving tips

Subscribe to our newsletter.

By subscribing you agree to our privacy policy

Related articles

We'd love to chat, how can we help?

By clicking "Submit", you agree to be contacted by a Savvy broker and to receive communications from Savvy which you can unsubscribe from at any time. Read our Privacy Policy.