Get
100,000 or 200,000
bonus Velocity Points6

Turn your home loan into a holiday – the more you borrow the more Velocity Frequent Flyer Points1 you could receive. And just because you’re getting a bucket load of Velocity Points doesn’t mean you’ll miss out on a low rate too.

How does this offer work?

Get 100,000 or 200,000 bonus Velocity Points

Receive 100,000 bonus Velocity Points after settlement6 when you borrow between $300,000 and $999,999. If you borrow $1,000,000 or more, you’ll earn 200,000 bonus Velocity Points6.

Plus 10,000 Velocity Points for every $100,000 drawn on settlement

On top of your bonus Points you’ll also get 10,000 Velocity Points per $100,000 drawn on settlement2

And more Velocity Points throughout the life of your loan

Enjoy 1,000 Points per month per loan account5, plus 30,000 anniversary Points every 3 years3

Apply now

Apply between 2 September and 29 November 2019, settle by 28 February 2020 on an eligible new loan with an LVR of 90% or below.

How many Points could you receive on your home loan?

*Assumes $500,000 borrowings split over 2 accounts for a 3 year period and maintain a minimum combined net balance across all accounts of at least $50,000.

^Assumes $1,000,000 borrowings split over 2 accounts for a 3 year period and maintain a minimum combined net balance across all accounts of at least $50,000.

Calculate your points  Find my rate

Find your rate

Home Loan Rate Finder

Find the rate that's right for you and what your repayments could be with a Reward Me Home Loan. Rates displayed are for new borrowings only.

  1. Step 1
  2. Step 2 (optional)
  1. Purpose of home loan
  2. Repayment method
  3. My deposit
    $
  4. Property price
    $
  5. Rate type
  6. Loan term
    years
    What you need to know
    Calculate your points

    Bonus Points

    Borrowing $300,000 or more? Get 100,000 bonus Points after settlement.6

    Or if you’re borrowing $1,000,000 or more? Get 200,000 bonus Points after settlement.6

    Settlement

    10,000 Points for every $100,000 drawn on settlement.2

    1,000 Points per month

    A further 1,000 Velocity Points every month (per loan account).5

    30,000 Points every 3rd year

    Receive 30,000 Velocity Points every 3 years3 you are a continuous Reward Me Home Loan customer, when your loan balance remains above $50,000.

    How many Velocity Frequent Flyer Points could you earn?

    1. Step 1
    2. Step 2 (optional)
    3. Results
    1. Loan amount
      $
    2. Simulation term
      years
      • Split loan means you split your borrowings into more than one loan. The calculator assumes a maximum of 2 loans.
    Take out other Virgin Money products to boost your Velocity Points (optional)
    1. On retail purchases14, earn 0.66 Velocity Points per $1 spent, up to $1,500 per statement period, then 0.5 Velocity Points per $1 spent. Minimum income of $35,000 & minimum card credit limit of $6,000 required for this product. Credit assessment criteria apply.
      On retail purchases14, earn 1 Velocity Point per $1 spent, up to $8,000 each statement period, then 0.5 Velocity Points per $1 spent. Minimum income of $75,000 & minimum card credit limit of $15,000 required for this product. Credit assessment criteria apply.
      $
    Velocity Points earned over the first
      Restart
      What you need to know

      Assumptions: Calculations correct as at 30 November 2018. You maintain an overall home loan balance of greater than $50,000 (net of any balances held in a linked offset facility) over the specified term and continue to meet our eligibility criteria; Velocity Points calculations for credit card spend are based on retail spend only and do not include additional Points that you could earn if you spend with Virgin Australia; stated monthly credit card spend remains constant over the stated period; you do not cancel any selected insurance products before the applicable minimum policy holding period; our Velocity Points earn rates for the above products do not change over the term.

      Settlement Velocity Frequent Flyer Points are paid in $10,000 increments and Anniversary Velocity Points are allocated within 6 weeks of your 3rd anniversary and every 3 years thereafter. Velocity Points will be credited to the Primary borrowers Velocity Account only, up to 60 days after settlement. For more information on terms and conditions for the Reward Me Home Loan Loyalty Program please click here. The Velocity Calculator does not display any additional bonus Velocity Points you may be eligible for if you take out a Virgin Australia Velocity Flyer credit card and meet any associated offer conditions. We reserve the right to change or remove the Velocity Points rewards from the Virgin Money Reward Me Home Loans at any time in line with our Terms and Conditions.