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Velocity Frequent Flyer: 15%-40% Bonus Points Transfer (inc Flybuys)

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Velocity Frequent Flyer: 15%-40% Bonus Points Transfer (inc Flybuys)
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[Deactivated] on 30/04/2018 - 23:55 go.velocityfrequentflyer.com (1237 clicks)
Last edited 01/05/2018 - 11:27 by 1 other user

Another deal back folks.

This May, earn 15% to 40% bonus Points on transfers from participating card partners. The more you transfer, the bigger your bonus, the further you’ll go.

1 to 100,00 = 15% Bonus Velocity Frequent Flyer Points
100,001 to 250,000 Velocity Points = 20% Bonus Velocity Frequent Flyer Points
250,001 to 500,000 Velocity Points = 25% Bonus Velocity Frequent Flyer Points
500,001 to 750,000 Velocity Points = 30% Bonus Velocity Frequent Flyer Points
750,001 plus Velocity Points = 40% Bonus Velocity Frequent Flyer Points

Plus, when you transfer from ANZ, flybuys and hotel partners, you’ll earn 20% bonus Points.

When transferring from ANZ Rewards, ANZ Business Rewards, flybuys or one of our participating hotel partners from 1 May and 31 May 2018, you will receive a bonus 20% Velocity Points.

TRANSFER BONUS CHART:

https://go.velocityfrequentflyer.com/content/dam/vff/velocit…

LINK FOR FULL DETAILS

https://go.velocityfrequentflyer.com/bonanza

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closed Comments

  • Spizz on 01/05/2018 - 00:23
    +17

    After all the advertising from Velocity via email about the best deal ever coming up and not to transfer your points until May, The Promo from Christmas time was better for lesser amounts-

    1 to 50,000 Velocity Points = 15% Bonus
    50,001 to 100,000 Velocity Points = 20% Bonus
    100,001 to 250,000 Velocity Points = 25% Bonus
    250,000+ Velocity Points = 30% Bonus

    ANZ with the booster being the only decent one in this promo unless you have over 750,000 points to transfer.

  • icejester on 01/05/2018 - 01:02
    +2

    Its either up to 40% or 20%
    not both

  • flyingmouse on 01/05/2018 - 01:06
    +1

    So for flybuys and ANZ gets fixed 20% bonus, for AMEX is up to the tier. 40% is massive big, 750,000 points is too.

    For flybuys the good news is during this promotion period the annual limit(138,000 flybuys)'s been removed.

    • nubix on 01/05/2018 - 02:05

      disappointing for anz, was 50% last year :(

      • ely on 01/05/2018 - 07:34

        1.5 million ANZ reward points and you'd get a 60% bonus I guess… sadly I'm in the bottom tier for ANZ.

      • iversonjack on 01/05/2018 - 10:37
        +6

        ANZ is 50% as well this time, see link below.

        https://anzrewards.com/public/info.aspx?name=velocity_may_20…

        • nubix on 01/05/2018 - 11:40

          nice, this is probably the best deal of the lot.

        • ely on 01/05/2018 - 20:42

          Sweet! Odd that the ANZ info contradicts the Velocity info though.

        • ely on 01/05/2018 - 20:45

          @ely: aaahhhh, I see, the 20% bonus and the tiered bonus are not commutative, they're one or the other. So the velocity bonus for ANZ is 20% and then ANZ stacks their 30% on top.

    • nightelves on 01/05/2018 - 07:47

      Yeah was great that I could transfer all my points at once

  • SaberX on 01/05/2018 - 01:41
    +1

    Still unsure whether to transfer my platinum edge amex cc points over on these bonuses. tempted to close it because of the lack of a free flight anymore but the points system is great. have to transfer the points out prior to closing but it seems hard to guess now if it'd be better stashing them in velocity or one of the other asian airlines.. guess there's not right answer is there? Just have to choose what i think 'may' be the most likely airlines i'll fly in the future? thinking of one that will get my business class upgrades or redemption seats for the honeymoon in a yrs time or so.

    • nubix on 01/05/2018 - 02:04

      depends where you want to go for your trip really (between krisflyer and asiamiles). otherwise velocity has been amazing since sq opened up j and f redemptions, so its a safe bet

      • Samsungnote10 on 01/05/2018 - 04:56

        For first class to europe or America is the points and taxes for Kris VS velocity. What's better

        • nubix on 01/05/2018 - 08:05
          +1

          This'll give you an idea https://www.pointhacks.com.au/using-points-italy/

          Would advise even planning to redeem premium cabins for US though, it's basically impossible to get 2 returns seats especially if you're not flying that week (Virgin seems more diligent about opening up their unsold seats for rewards)

          You might want to look into Oneworld round the world redemptions

        • Samsungnote10 on 01/05/2018 - 09:21

          @nubix:

          That's a great link.
          It actually confirmed a few things for me.
          For long haul Europe first or business class.

          Krisflyer has by far the lowest point requirements at 296k return. Plus under $300 and it looks like availability is one of the best.

          For the others. Either Qantas or etihad or Qatar or Asia miles. You virtually need 400k points with most of them taxes well above $1k return

          Most likely irrelevant to most I have an amex that will be closing soon so I was tossing up between transferring to velocity or kris or even Emirates or etihad….. But now it's a no brainier.

          Edit: I also have Qantas points as well but it's good to know how useless they essentially are!

          Anyone know what the taxes for Asia miles would be? Couldn't seem to find it

        • nightelves on 01/05/2018 - 09:36

          @hellohello123:

          Asia miles is cheaper refer to this: https://www.pointhacks.com.au/asia-miles-around-the-world-re…

          Taxes are the same as Qantas

        • nubix on 01/05/2018 - 10:00

          @hellohello123: You should double check the Velocity cost because you no longer have to transfer to Krisflyer for SQ redemptions + this bonus so it might work out better

        • Samsungnote10 on 01/05/2018 - 10:08

          @nubix:

          Didn't know that!
          Will need to check

      • ely on 01/05/2018 - 07:26
        +1

        What what? When did F redemptions come in? I thought you had to transfer to Krisflyer for those.

        • nubix on 01/05/2018 - 08:00
          +1

          July last year https://www.ausbt.com.au/virgin-australia-unlocks-singapore-…

          You still need to use the SQ site for availability and call to book though

        • nightelves on 01/05/2018 - 08:14

          @nubix:

          Isn't it more expensive if you book with Velocity given it's 95k one way vs 116k return with Krisflyer.

          I take that back, after doing a dummy search it seems Velocity is cheaper.

        • nightelves on 01/05/2018 - 08:31

          @nubix:

          Do you know if booking SQ with Velocity is limited to certain routes?

        • ely on 01/05/2018 - 08:55

          @nubix: Ah right, good that it's possible, still annoying that you can't book via Virgin's site like J.

        • nubix on 01/05/2018 - 10:04

          @nightelves: Yes, the value of Velocity is still lower than Krisflyer because there's no access to Spontaneous Escapes, free extra flights to SEA for the price of just the SG leg and generally lower price anyway. It's important to acknowledge that Velocity is still much easier to accrue and basically never expires

        • nubix on 01/05/2018 - 10:07

          @nightelves: Not aware of any, including one way flights into Australia.

          You can even redeem for SQ fares that VA doesn't codeshare (eg. Sapporo)

        • nightelves on 01/05/2018 - 11:38

          @nubix:

          Yeah that’s what I thought. Tried searching for Mel-Sgn ex Sin and it didn’t come up in Velocity as a rewards booking.

      • Aceman98 on 01/05/2018 - 15:29

        Could you please explain what j and f redemptions mean? I'm not too experienced with this sorry

        • nubix on 01/05/2018 - 17:43
          +1

          Business and First class respectively

  • sydboy007 on 01/05/2018 - 02:12
    +1

    i really see velocity points as krisflyer miles. the increased flybuys bonus to 20% is nice.

    they must be desperate to sell the points to get some extra $$$ revenue.

    • Cheapcheap4eva on 01/05/2018 - 06:39

      Agreed! Reward stopover holidays with krisflyer is amazing value!

  • chillybags on 01/05/2018 - 07:26

    So does that mean transfer (under 100k points) from flybuys nets 35% bonus? 15% tiered and 20% bonus?

    • dbui8743 on 01/05/2018 - 07:43

      No, it is separate. You either be on tier bonus if you transfer from partners, or you get 20% from flybuy and ANZ

    • nightelves on 01/05/2018 - 07:46

      No only 20%. I just did the transfer

  • Aceboy884 on 01/05/2018 - 07:29
    -1

    shame they can't take my frequent flyer points…. wouldn't that be nice, having the two companies compete.

  • Retailrecommprice on 01/05/2018 - 07:34
    +2

    There is no inclusion for transfer from Westpac altitude 🙁

    • Timboj on 01/05/2018 - 08:16

      I've been quietly sitting on my Westpac points until the next transfer bonus…

  • Majalenko on 01/05/2018 - 08:37
    +3

    Again no CBA Credit Cards. What the heck!

    • xcx on 01/05/2018 - 10:06
      +1

      Yeh whats going on with Commonwealth bank. Never seems to be included in these bonus points deals anymore.

      • carwashhair on 01/05/2018 - 11:26
        +1

        Guess who's footing the bill for CBA removing their 'other atm' fees…

        Change to another bank, those guys milk you dry.

    • T-man on 01/05/2018 - 15:55
      +1

      They are too busy with the APRA report

  • MitchyD1989 on 01/05/2018 - 08:58
    -1

    Damn, I transferred about 80000 ANZ rewards points a few weeks ago. FML.

  • Turd on 01/05/2018 - 09:20

    I have 533000 flybuy points is it good to transfer now?

    Edit. Maybe it's still better to do keep it in flybuys

    • nightelves on 01/05/2018 - 09:27
      +1

      Yeah it is. Given the 138k cap has been removed.

    • Gooddeal21 on 01/05/2018 - 12:50

      How did you score that much? I would wait until late day of the month :-)

      • Turd on 01/05/2018 - 14:56

        Dog food.

  • carwashhair on 01/05/2018 - 09:38
    +3

    I just transferred a wodge of flybuys across with this. My feeling though - based on this promo, along with the fact that the program is 35% externally owned by Affinity Equity - is there will be a devaluation on velocity points in 12 mths :(

    • serpserpserp on 01/05/2018 - 20:26

      Then use those points nooooowwwww.

  • T-man on 01/05/2018 - 09:56
    +1

    CBA is not on the list again!

  • ldt on 01/05/2018 - 10:12

    MEH. I was expecting more.

  • iversonjack on 01/05/2018 - 10:30
    +2

    ANZ Booster bonus as well:

    https://anzrewards.com/public/info.aspx?name=velocity_may_20…

    For the month of May, when you redeem your ANZ Reward Points for Velocity Points,
    you could be eligible for a 50% points bonus*

    1. Velocity 20% Frequent Flyer Offer: The Velocity Frequent Flyer bonus is available for every successful manual redemption or Auto-Redemption of ANZ Reward Points for Velocity Points made from 01 May 2018 to 31 May 2018. It can take up to 5 business days for these Velocity Points to appear in the Velocity Membership Account.

    2. ANZ 30% Booster Offer: The ANZ Booster Offer is available for every successful manual redemption or Auto-Redemption of ANZ Reward Points to Velocity Points made from 01 May 2018 to 31 May 2018. It can take up to 5 business days for these Velocity Points to appear in the Velocity Membership Account.

    • djkelly69 on 01/05/2018 - 17:47

      So for ANZ rewards transfers you get:

      1. 15-40% based on number of points (standard deal)
      2. 20% bonus for ANZ, flybuys, etc from Velocity
      3. 30% bonus booster from ANZ

      Is this right? I feel like I am reading it wrong.

      • nubix on 01/05/2018 - 18:06

        ANZ doesn't get the tiered points

        • djkelly69 on 01/05/2018 - 19:26

          Ahh ok, that makes sense. Although kinda misleading to advertise a 40% bonus then say "Plus, if you transfer from ANZ…" you get 20% bonus points.

          Should really say "Or, if you transfer from ANZ, …"

  • No Child Support on 01/05/2018 - 10:31

    Hey guys, Ive been saving my rewards points on my citibank rewards and looks like the balance is just over 250k = 100k of velocity points. I have no plans to cash in the velocity points so is it a good idea to transfer now and let it sit in my velocity account or will i start losing points if i don't use them?

    • [Deactivated] on 01/05/2018 - 11:27

      Firstly, from 1 June 2016 your Velocity Points will not expire provided you earn or redeem Points at least once every 24 months. Previously, the expiry period was 36 months. Any Points earned from eligible activity prior to 1 June 2016 are not affected by this change and will not expire for 36 months.

      *if you don’t need to fly Virgin to earn points. Many ways.

    • Tiger on 29/05/2018 - 19:20

      Citibank is offering a further 20% bonus Velocity Points. Not very well publicised. I transferred over 100,001 Velocity points and got 20% more from this promotion and another 20% from Citi Booster. So a total of 40% bonus Velocity Points (40,000). Sweet deal!

      You can earn up to 60% bonus points (i.e. 40% + 20% Citi Booster) if you transfer more points. See the various tiers here: https://www.citibank.com.au/velocity/

      Points arrived in my Velocity account in 2 business days (though they say 28 days). Following day, I booked my return Etihad flights to Europe for the end of June (peak season, school holidays). I was amazed that seats were available so close to the departure date, and there were several other options available to other European cities too for 150,000 Velocity points return + taxes of about $450 (or the equivalent in points). I paid the taxes on my Amex to activate the free Travel Insurance.

  • profane01 on 01/05/2018 - 13:13

    So if I was to transfer 100,001 amex gateway reward points to velocity (at 4:3), would that equate to a bonus 15% or 20% velocity points? At first look I assumed 20%, but at a closer look it appears that I'd only be transferring 75,000 velocity points which would be a 15% bonus

    Edit: Confirmed 15%

  • SydOzber on 01/05/2018 - 15:29

    Been a long time oz-bargainer, but new to the world of frequent flyer points.
    I have 108669 Flybuys points.. equivalent to $543 if i convert to coles gift cards.

    From what I understand, I get 20% bonus points if I transfer them as my Velocity points… I will get 130402 points.
    If I sell them at a going rate of $0.01, I will have $1304 cash in hand rather than coles gift card.

    Am I missing something ?

    • nubix on 01/05/2018 - 17:45

      The rate isn't 1:1, if I'm not wrong, you'll get about 56500

      https://www.flybuys.com.au/collect#/partners/velocity-freque…

      • SydOzber on 01/05/2018 - 17:51

        Thanks for your response.

        I now know what I was missing.

        2000 points = $10 flybuys dollars/Coles gift card
        $8.7 if I transfer to velocity and sell on classifies.

        I don't usually redeem the points for flights.

        • serpserpserp on 01/05/2018 - 20:29
          +1

          remember that selling on classifieds is against the rule and if you are caught you'll get banned or worse.

        • aragornelessar on 01/05/2018 - 22:53

          @serpserpserp:

          If you're selling the points with no need for Velocity points in the future, you're not the one running the risk. You get cash and the buyer is the one that potentially has their account closed/points forfeited. I haven't heard of anyone being chased up by Velocity/Qantas for reimbursement of those points they've given to someone else - would be happy to be proven otherwise!

  • lainey13 on 01/05/2018 - 23:46

    Hasn't the best bonus been 20% for point transfer of less than 100k?

  • SaberX on 26/05/2018 - 00:31

    just wondering - for flybuys where we have under 100k points (I have just under 50k) is this 20% a decent bonus? Has there been 25% or higher for this level in the past?? Or should I Just take the chance to boost my velocity now?

    Someone above mentioned devaluation of the points? Have they devalued points (velocity) redemption wise after tempting people to top upt heir points? Or all speculation?

    NEver transferred so not sure if this is best to do now, i'd plan to use it in 1-2 yrs on the honey moon (have no idea what airlines im flying hence just changing flybuys and thinking of holding onto my amex plat edge points inside the amex program until we know which airlines we are flying).

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