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Velocity Rewards 25% transfer bonus

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Velocity Rewards 25% transfer bonus
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zzyss on 01/05/2010 - 08:08 velocityrewards.com.au (248 clicks)

For a limited time only, you can earn 25% bonus Velocity Points when you transfer your credit or charge card points over to Velocity Rewards.
How long is the offer valid?

You’ll get the extra 25% bonus Velocity Points when you transfer before 30 June 2010.
How do I transfer my credit or charge card points?

  1. Log on to the Velocity redemption page on your financial institution's website, or call their customer hotline.
  2. Make sure you have your Velocity Membership Number handy.
  3. Nominate how many points you’d like to transfer (minimum transfer rates apply).
  4. Quote your Velocity Membership Number and the amount of points you have nominated will be transferred.

Your Velocity Points will be in your Account soon, so you can redeem them for flights, accommodation, and more.

Valid from:
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/ANZBusinessOne/index.htm">ANZ Business</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/ANZ/index.htm">ANZ Rewards</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/BankSA/index.htm">BankSA</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/CardServicesRewards/index.htm">CardServices</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/CitiRewards/index.htm">CitiBank</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/AmericanExpress/index.htm">Amex Membership Rewards</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/StGeorge/index.htm">St George</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/Suncorp/index.htm">SunCorp</a>
* <a href="http://velocityrewards.com.au/content/Earn/CreditCards/Westpac/index.htm">Westpac</a>

Pretty good deal if you collect points on credit cards. Last time I did this it helped to pay a quarter of the cost for a return trip to Adelaide for me and my wife.

Travel Airfare Reward Points Virgin

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closed Comments

  • leeroys_dad on 01/05/2010 - 08:12

    i've looked into this and to be honest, you're much better off doing a cashback with your points and then buying flights from your CC :)

    • zzyss on 01/05/2010 - 08:27

      Generally speaking, you're right, but seeing as Velocity points don't expire, you could potentially stack this deal with a points special sometime further down the track, which would make it worthwhile. But otherwise, yes it is probably cheaper just to pay for the flights and take the points as cashback/store vouchers.

      • skinny on 01/05/2010 - 18:05

        Velocity points expire if your account does not have any transaction for 3 years - I got a note yesterday on my account!

        • zzyss on 01/05/2010 - 21:34

          Oh, that's new. I still remember when they first launched how they were making a big song and dance about how their points don't expire…

    • [Deactivated] on 01/05/2010 - 17:36

      Depends how many points you get. Amex is 1:1. Most of the others are 1:2 I think.

  • coolsteps on 01/05/2010 - 10:47

    Velocity points do expire if theres no activity for 48 months i think. yes i have found in the past that its usually best to pay for the flights and take the points as cashback or for store vouchers such as gift cards. its a better cash return ratio.

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