expired Velocity Frequent Flyer 15% Points Transfer Bonus for November

1820

Been waiting for this for a few months and finally back starting 30th of October.
The self proclaimed "THE WORLD'S BIGGEST POINTS EXCHANGE EXPO"

Velocity members will receive 15% bonus Velocity Points when they transfer points from Participating Card Partners, flybuys and Hotel partners to Velocity between 30 October and 30 November 2017

Simply transfer points into Velocity from one of their partners to get a 15% point bonus.

Card Partners;
AMEX
ANZ and ANZ Business Rewards* Some ANZ cards have a 15% booster bonus in addition*
NAB
Citibank
HSBC
Diners Club
Club Services
Suncorp
Bank of QLD

Retail Partners;
Flybuys

Hotel Partners;
Golden Circle
Accor Hotels
Hilton Honors
SPG
IHG
Choice Hotels

Starts 30th October 2017 and ends November 30th 2017.

Terms down the bottom: https://go.velocityfrequentflyer.com/expo/learn-more?icmpid=...

Credit to wherestheid for following his easy format from the last deal in May.

Velocity Frequent Flyer

Related Store: Velocity Frequent Flyer

Comments

  • +3 votes

    The 15% bonus Velocity Points offer is only available for points transfers from ANZ Rewards accounts, ANZ Business Rewards accounts, Citibank Citi Rewards accounts, Diners Club Reward accounts, Bank of Queensland Q Rewards accounts (Platinum credit card holders only), Suncorp Bank Rewards accounts, Card Services Rewards Accounts, HSBC Rewards accounts (Platinum and Premier credit card holders only), NAB Rewards accounts, Australian American Express Card Members, including David Jones American Express Card Members enrolled in the Membership Rewards program (this offer excludes American Express New Zealand Card Members), flybuys, Le Club AccorHotels, Choice Privileges, Hilton Honors, IHG® Rewards Club, Shangri-La Golden Circle and Starwood Preferred Guest (Participating Partners)
    https://go.velocityfrequentflyer.com/expo/learn-more#terms-a...

  • +4 votes

    Oh man what the hell not westpac!?

  •  

    Worth redeeming for hotels?

  • +2 votes

    Anyone know what the conversion from IHG to Velocity is? I have like 17000 IHG points that are pretty useless in their own program.

    Edit: I really should just google things before I ask.

    IHG® Rewards Club: Transfer rate: 10,000 IHG® Rewards Club points is the equivalent of 2,000 Velocity Points

    •  

      Couldn't you do points plus cash for hotel stays? I have about 12k Myself.

      •  

        you can, but there are hardly any reward hotel options if i am doing it right. most in the USA and a couple in asia. i probably could have used them in asia. oh well.

  • +1 vote

    "ANZ and ANZ Business Rewards* Some ANZ cards have a 15% booster bonus in addition*"
    Is it happening now? Targeted?

  •  

    So can I start transfer the point now? since it's 30/10 1 AM in Melbourne

    •  

      Yes it should be fine now for all states apart from W.A. I've started seeing targeted ads for the promo

      •  

        Well it’s weird I transfered and somehow the system record that I transfer the point 29/10? Event bought it’s already 1am here

        •  

          I'd hope it is easy for you to get sorted as they generally send an email once transferred as confirmation depending on the linked account which should have the date and time stamped.
          Fingers crossed for you

        •  

          @JenkoMamenko: yeh my flybuy sent the email confirm it happened in 30/10 while the velocity account recorded is 29/10

  •  

    Anz reward black is part of it? Been waiting!

  •  

    Awesome thanks! Nearly at 300k velocity points now :D

  • -2 votes

    I don't have velocity. Should I get one now? Is it free? What can I use the point for?

  • +2 votes

    Shame Etihad doesn't have transfer bonus to flybuys.

  •  

    Bloody hell, no CommBank this time. Will only be able to use this for Flybuys. :(

  • +2 votes

    Last time I looked at transferring, I found you loose a lot of value in the transfer even with the bonus 15%. I compared dollar value (I.e. Points for vouchers) and found it better to get vouchers instead. Anyone have more insight into this?

    •  

      Which points?

      I'm looking at transferring ANZ black rewards to Velocity - will check which is better off though. (and if it is eligible).

      •  

        I did sums on Amex (the lower value ones) and flybuys, the only thing I could not take into account is the cheaper sale velocity flights as I could not find a "conversion rate".

    • +4 votes

      You should visit the Point Hacks site. Lots more info on the best way to use points.

      But my example.

      42000 flybuys points. Worth about $210 in vouchers/cash back.

      Converts to 21000 points with this promotion.

      One way flight to Perth from Sydney 17800 points plus $19.75 fees. Value of the flight varies from about $310 to $550 depending on the time of the day.

      Or Business one way to Perth (this is the real value). 35500 points + $19.75. Value of the flight varies from $1800 to $2200.

      I would never pay for business but have cashed points a lot for this. Well worth it on the longer flights.

    • +1 vote

      usually I use points for free flights. Managed to score 2 one way for Europe and back for 2 adults + 1 kids
      Never use vouchers

    •  

      For me, I find I'm not really accumulating enough points to really redeem them for anything when they're spread through different loyalty accounts.

  • +1 vote

    Ah shit, did not realize this exists, exchanged 80k of the bonus points of ANZ black, 2 weeks ago. Arggghhghgg

    •  

      I knew this existed but redeemed 2 weeks ago because I closed my card and had 60days to use them. Bad timing…

    • +3 votes

      Seems to happen every year at about this time!

  •  

    Thanks OP. Will have a look to see if transferring my 100k nab rewards points to velocity is good for me or not.

  • +2 votes

    CBA is getting worse and worse :(

  • +2 votes

    Any one doing Flybuys to Velocity? Is it worth transferring?

    •  

      Yep I'll be doing Flybuys to Velocity. This is essentially because I can't see myself boarding an Emirates flight anytime soon but will be doing some jetsetting domestically with Virgin.

    •  

      I am in the same boat and trying to figure out if my 100K flybuys is worth transferring across. I have so far concluded that unless you will use your velocity points for flights, it's not worth it. You get much better options to spend your points with converting them to flybuys dollars.
      However if you plan on using your velocity points for flight, you get the best value.

  • +2 votes

    Thanks for the credit JenkoMamenko, beat me to it :)
    Now to gather and get my points in order!

  •  

    so westpac black card not eligible?

  • +2 votes

    As a general rule, if you will be travelling domestically, Velocity points are very valuable (low taxes, good availability), but are increasingly poor value for partner airlines. Some availability for economy long haul flights (LA) seems to be there, in which case the fares are a bargain, not carrying the heavy surcharges of Qantas.

    •  

      so lesson here is not to bother with velocity points for overseas flights?

      •  

        Unless going somewhere on VA's network, e.g. Hong Kong or L.A. Of course, VA points (with bonus) are the easiest way to accumulate Krisflyer miles in Australia, even after the 1.35 conversion factor.

      •  

        My main use is Melbourne to Bangkok, so Velocity still works out well for me (130k return business class, very low taxes) even though it's carried by Singapore Airlines not Virgin. Qantas is more flexible by far, but the amount of "taxes" and fees that you have to pay often makes redemptions expensive.

  •  

    So has this already started now? I want to transfer all my NAB reward points to velocity. Have been waiting for this for a couple months.

  • +1 vote

    thanks OP

    Just got 10000 bonus point from coles

  •  

    Oh no, just transferred a lot of points from HSBC early this month:…(

  •  

    Fantastic, perfect timing. Thank you.

  •  

    :( ANZ bonus was 50% in May……., 35+15
    https://www.ozbargain.com.au/node/307879

  • +1 vote

    Flybuys travel Jetstart $109 trip from Melb to Bris 21,800

    TigerAir Velocity $99 trip melb to Bris 15,231

    Yes it appears cheaper to use Velocity however once I convert 22,000 points flybuys to Velocity it works out to be: 9570 + 15% = 11006 Velocity points.

    This isn't a deal for Coles Platium Mastercard holders.

  •  

    booking my first flight using velocity. Perth Singapore return, 28,000 points + $83.70 each way (or 44,300 points) for economy rewards. Does that sound about right? Took me ages to accumulate 150k velocity and 44.3k each way for a 5 hr short haul flight seems like a waste of points?

    • +4 votes

      The best value is for business rewards or always-expensive economy routes. So in your case, you have enough points for approx one-way business to the USA or Europe, or a return business to some destinations in Asia (perhaps as far as Japan). The downside is finding availability, but if you're willing to be patient, then business redemptions are a much better idea.

    • +2 votes

      never use points to pay the taxes, your getting a poor rate of return 0.51c per point :( …. and as per other comment use them for business class, unless the economy fare is ridiculously high (but this usually means the rewards seats are usually unavailable anyways!)

      As an example, on a $250 PER-SIN one-way fare your 44300 points are worth 0.56c…which is basically the same same as a gift card redemption. Your rewards seat doesnt earn your points or status credits either :(

      • +1 vote

        Thanks for the insight fellas.

        Looks like I'll scoot to Singapore and save the points for my euro trip next yr. I can see why business class on a 12hr flight is essential.

  •  

    Accor is offering 1500 bonus points per 2 night stay for those who transfer points to velocity. Not bad when combined with this offer and amex $75 cashback.
    https://www.accorhotels.com/gb/leclub/hotels-offers/promotio...

  •  

    The last 40k velocity points from the recent Virgin High Flyer 120k promo will be landing in my account this month… I wonder if I get a bonus on my bonus? Nice easy 6k if so :) Virgin Money isn't on the list of "card partners", but Citi is and it's really just a Citi card, so fingers crossed anyway.

    Otherwise time to empty out the ANZ rewards and Flybuys.

    Will bring me back up to 390k, business class for me, wife and daughter next time to SE Asia.

    •  

      Virgin money cards auto transfer to Velocity each month don’t they? In that case no bonus :(.

      These bonuses are for warehoused rewards points that you transfer manually when you need them…eg times when a bonus comes up.

      •  

        I don't see anything in the terms and conditions indicating auto redemptions are excluded… But I'm not exactly confident that a white labelled Citi card will qualify just because Citi is included anyway ¯\_(ツ)_/¯

        • +1 vote

          I wouldn't be confident at all… If you go thru the motions on the link, Virgin Money cards are not listed at all, and only certain specifically listed Citibank ones. I had a virgin money card for a couple of years (auto transfer), never got the bonus!

        •  

          @Coops1: Yeah, I have had their High Flyer for a bit over a year now (just cancelled and reapplied to get the 120k bonus, which they were kind enough to allow) and I did have random bonuses turn up at one point in time. I asked them via their internal messaging thing what it was for and they said they'd have to check it out and never got back to me, so was wondering if it was during one of these…

          So definitely won't be expecting it, but would be a nice plus if it did happen.

        •  

          @elyobo:
          interesting re the random bonuses. When we had the basic 'flyer' card we were getting 2 points per dollar most months. eg Points Earned 3000, Bonus Points 3000. I never asked the question of why :). Bonuses were random after a couple of years, then stopped, so cancelled the card when the earn rate went down :)

        • +1 vote

          @Coops1: Ha, they must have eventually sorted it out, I don't seem to get them any more. One point/dollar is still the best visa/mc earn rate out there as far as I can see, and a 120k signup bonus is pretty sweet as well.

        •  

          @elyobo:
          No question the sign up is the cream and for most will be more than a couple of years of $ spend earn. 120k is the best out there

          For ongoing visa earn rate, consider anz rewards black (after you get anz ff black). You get 2 rewards per $, converts to 1 velocity pt, but then with this deal your actually ending up with 1.3ppd. Noting that the 75k signon in rewards only gets you about 42-43k in signon ff pts.

          Have done anz ff black and now use anz rewards black for everyday spend when I don’t use Amex plat edge to buy visa gift cards.

        •  

          @Coops1: Yeah, it was on my list but then the 120k reward came up… Good point re: the value with the transfer bonus, I was thinking of it as equivalent earn rate but it can work out better.

          How do you go about picking up the visa gift cards without paying a ludicrous surcharge? The Woolies ones seem like terrible value. No Amex at the moment, waiting for my time to expire to sign up again, but maybe if I can wrangle some income for my wife I can get her one…

  •  

    Guessing there's a min transfer amount required ?

    •  

      Depends on who you're transferring from, ANZ seems to allow you to transfer a single point these days (haven't tried, but their UI suggests so, and I did do a transfer as low as 538 today).

  •  

    Can someone confirm that transferring to Velocity at 15% bonus is better than transferring Amex points to Asia Miles?

    •  

      Not possible to confirm, depends on the specific redemptions you're planning on making.

    • -1 vote

      Of course not, even with 15% bonus Asiamiles is still better. Or you still can transfer to SPG and United with Marriott package and book before 1/11 US time ;)

      FYI, I just booked 9 business class flights with Singapore Airlines and Thai Airways for 60k United miles + $207 AUD tax… This is unbeatable for ~15k miles trip. This itinerary cost $10k+.

      For Asiamiles, I have flights to visit Seoul, Tokyo, Osaka for 20k miles + $80AUD in tax.

      You just got to know how to redeem to maximise your points

  •  

    good. moved my Hilton points (useless points) into virgin account :)

  1. Slo20 on 30/10/2017 - 07:41
  2. muncan on 30/10/2017 - 09:45
  3. montorola on 30/10/2017 - 08:43
  4. jubbing on 31/10/2017 - 14:40
  5. ironpaw on 30/10/2017 - 00:16