The accompanying music video for "Fancy" was directed by Director X and released in March 2014. The visuals are inspired by 1995 American comedy film "Clueless", with Azalea playing Beverly Hills socialite Cher Horowitz and XCX as Tai Frasier. The music video was nominated for four awards at the 2014 MTV Video Music Awards, although it did not win any of them. The song was performed by Azalea and XCX on "Good Morning America", "Jimmy Kimmel Live!" and the 2014 Billboard Music Awards. "Fancy" was also covered by many artists, such as Anna Kendrick on the 39th season of "Saturday Night Live"