Velocity Frequent Flyer - 15-50% Bonus on Point Transfers to Velocity - Flybuys, Credit Cards, Hotel Rewards

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Thanks to bonus Points, you could experience the world in ways you never thought possible. Transfer your reward points from one of our participating card, flybuys or hotel partners by 31 May 2019, and see what Points can make possible.

Up to 25% bonus points*

With American Express, NAB, Westpac, Citi Bank, HSBC, Diners Club, Card Services, Bank of Queensland and Suncorp when transferring within the values below.

1-250,000 Velocity Points
15% bonus Velocity Points

250,001-500,000 Velocity Points
20% bonus Velocity Points

500,001+ Velocity Points
25% bonus Velocity Points

25% Bonus points*

When you transfer your CommBank Award points to Velocity.

20% Bonus points*

When you transfer your points from the partners below.
Transfer from ANZ Rewards or ANZ Business rewards and get an additional 30% boost on your points transfer.^

15% Bonus points*

When you transfer your flybuys points to Velocity.

Referral Links

Referral:  matt1234 or random (332)

Referrer gets 1,000 points if the referee signs up and earns 50 points by 30/4.
Referee gets 2,000 points.

Related Stores

Velocity Frequent Flyer
Velocity Frequent Flyer
Marketplace

Comments

  • +3 votes

    I wish there was 25% transfer rate on flybuys as well.

  • +2 votes

    OP should include the values for American Express, NAB, Westpac, Citi Bank, HSBC, Diners Club, Card Services, Bank of Queensland and Suncorp:

    1-250,000 Velocity Points
    15% bonus Velocity Points

    250,001-500,000 Velocity Points
    20% bonus Velocity Points

    500,001+ Velocity Points
    25% bonus Velocity Points

  • +13 votes

    ANZ rewards and ANZ Business gets 50% bonus. Thats huge!

    •  

      Is ANZ reward $1 for 1 pt?

      • +4 votes

        ANZ is $1 for 1.5 rewards.

        2 rewards = 1 velocity.

        $1 = 0.75 velocity

        With the bonus it's 1.125 pt / $1

        •  

          That's why I keep a hold of my ANZ black, best Velocity earning Visa if you take these bonus periods into account. And with the way my wife spends money, those points stack up pretty damn quickly - unfortunately the rates drops off over $5k/month :-/

          •  

            @ely: Do you think the annual fee is worth it though?

            • +2 votes

              @nomster: No, but my first year was fee free with a sign up bonus, and they agreed to waive it again on the second year. I'll probably keep holding it as long as they keep waiving the fees, which they'll probably keep doing as long as I spend as much as I do, which probably means as long as I remain married :D :-/ :(

        •  

          I'm still new to calculating what points are 'worth'

          I have an ANZ travel rewards card.

          1.5 Reward Points per $1 spent on eligible purchases up to and including $2,000 per statement period

          0.5 Reward Points per $1 spent on eligible purchases above $2,000 per statement period

          I'm guessing not worth using this card if i go over $2k spend? Because of the drop in earn rate? What would it equate to in velocity at the 0.5 Reward point rate?

          •  

            @blueyez: the 0.5 reward points per $1 would be equivalent to 0.25 velocity.

            — Unless you wait until an exchange opportunity like this comes around.

            •  

              @nomster: So for the 0.5 ANZ Reward point = $1 for 0.50 velocity points including bonus?

              But at the normal under $2k spend it's 1.125 pt / $1 including bonus?

              Is that correct?

              So better to hoard ANZ Reward points for this bonus (post 2k spend) or use another card to get 1% back on spend uncapped? I personally don't think i need more Velocity points, i just want the most value!

    •  

      So it’s 20% plus 30%?! Wth that’s massive!

      • +1 vote

        Transfer from ANZ Rewards or ANZ Business Rewards and get an additional 30% boost on your transfer, meaning you will receive a total bonus of 50% bonus Velocity Points.

      • +1 vote

        Was cynical about the 20% + 30% until I checked the T&C:

        Velocity members must transfer their ANZ Reward Points between 1- 31 May 2019 (Promotion Period) to receive the ANZ Rewards 30% Booster Offer Points in addition to the 20% bonus Velocity Points.

    •  

      Fantastic - I've been looking out for this for a few months now.

    •  

      How often is the 50% bonus for ANZ rewards?

    • +1 vote

      This is massive. I have an ANZ Travel Rewards card and all I do is accumulate ANZ points on it and wait for these transfer bonuses to come up and transfer them all to Velocity. End up getting as good a pts:$1 ratio as most other Velocity cards but with a much lower annual fee.

    • +2 votes

      And this 50% bonus is why the ANZ rewards cards are better than most other cards on the market for everyday spend and velocity points earn.

  •  

    Wow westpac is on the list this time

  • +3 votes

    CBA is back to the list

  •  

    I think there was a velocity/flybuys promo where if you converted something like 20,000 flybuys, you got velocity gold for 3 or 6 months. That’s the type of promo I’m holding off for, in so far as flybuys is concerned.

  • +2 votes

    Does St George bank under Westpac?

  • +1 vote

    Woohoo 25% CommBank. About bloody time!

    • +1 vote

      woohoo indeed! Just in time as I just stopped by CBA diamond card

      Can get finally rid of my crappy CBA awards points on something as not much value in anything on CBA awards

  •  

    Title says Hotel Rewards too - does anyone know if that includes Marriott Bonvoy? Used to work for them and got some stashed I'm unlikely to use, but would like to send over to Virgin…

    EDIT: Disregard. Opened link after reading OP's post.

  •  

    6000 amex points gets you 3000 velocity points + 15% bonus.. boo :(

  •  

    I have 12,000 Flybuys points = 60 dollars of coles GC

    Which can be transferred as equivalent to 5,220 Vel Points
    +15%= 6003 Vel points.

    while 10,900 Vel points = $50 Bunnings GC

    Now 6003 Velpoints became $27.54 dollars.

    you have a 45% return rate for this.

    Why do you transfer then?

    • +3 votes

      Because I don't waste the points on the store, i use them for flights.

      • +1 vote

        I dont travel, I'm Tassie

      •  

        but for flights, what's the rate of return?

        •  

          6900 one way from Mel-Syd and $22 in taxes. Return would be double that amount.

        •  

          Best to just use the pointhacks guides and calculator based on your destination - gets a bit complicated and messy for a forum post and depends if you are going overseas or not but the usual conversion is

          2k Flybuys to Velocity = 870 velocity points (plus any added bonuses such as the 15%)
          (optional) 5k velocity to krisflyer = 3226 krisflyer points

          Then use said points to purchase flights. Flights of course vary greatly but business class can be had for as low as 37k krisflyer miles from Australia depending on destination.

  • +1 vote

    Yay for finally CBA!
    Nay for no St George!

  • +2 votes

    Looks like the limit of 138k FB points per calendar year.

    I have 405k FB points….

  • +1 vote

    I got 180k CBA points, is it right time to do the exchange? thanks in advance

  •  

    Hoping for some advice as I am a complete noob to transferring points and Velocity as I mostly use Qantas. Ignoring my flybuy points for now, I want to transfer my Hilton Hotel points.

    Normal current rates for both is 10000 Hilton = 1500 Qantas or Velocity Is 1 Velocity point worth the same as 1 Qantas for upgrades and flights?

    I also just saw that Hilton have a buy points sale where you get 100% bonus. I doubt so, but with these deals, would buying points and transferring to Velocity give you an advantage?

    50,000 points + 50,000 free = $500 USD
    100,000 points = 18000 Velocity

    • +1 vote

      That is terrible value if you were to value Qantas or Velocity points @ 1.2c based on going rate in the classified, then your 500USD worth of points is now only worth $216. Back then the only worthy hotel transfer was the Marriott Travel Package which Marriott has since devalued. There are other ways to earn Velocity points quickly and easily either through credit cards, flybuys, crediting flights etc.

    • +1 vote

      It tends to cost more qantas points for a flight than velocity points if you compare.
      Especially if travelling overseas, as velocity can be converted to singapore airlines to save points

    •  

      Ive got hilton points but never purchased them - i find it generally better off to use it on Hilton stays rather than transferring out due to poor transfer ratio

  • +1 vote

    All good, ANZ to Velocity here we go!

    I transferred around 28,251 ANZ points, 14k or so Velocity. I should get a 40-50% bonus?(7k points?) Not bad!

    •  

      ANZ is best of the them all so glad I didn’t close my adventurers card

      •  

        It's actually a good card!
        I really like bonus points, but the free flight is worth more than the card fee! It also has no international transaction fees, great for traveling or buying from overseas. PayPal generally gives a bad currency exchange rate, however the earn rate isn't great but with the bonus that comes along its actually one of the best point earners!

      •  

        Only downside of keeping the card is you can't get the 80k bonus velocity points again when it comes around.
        I originally closed mine once i got the 80k, then re-applied the next year and got the 80k again.

  •  

    Anyone know if there's any chance of an Amplify rewards bonus redemption to Velocity that might happen later this year?

  •  

    Is it even worth it transferring flybuys over to velocity even at 15% bonus rate? Using the calculator, transferring over 16,000 points would only give you 6960 velocity points. Whereas using the points for redemption as $10 off shop at Coles per increments of 2000 flybuys points? (Total of $80 off shop at Coles)

    •  

      You get 8004 points with the bonus. Equivalent to paying 1cent for each point.

      You need to redeem with Velocity at a higher rate than that to benefit. Great if you have an immediate virgin redemption in mind to use them, but there are cheaper ways to earn points than converting Flybuys.

      •  

        Ah, so the calculator doesn't include the 15% bonus? I thought it does.
        https://flybuys.com.au/transfer - "Boost your Velocity Points balance with a 15% bonus!

        Transfer your flybuys points to Velocity before 31 May 2019 and receive a 15% bonus*.

        Transfer your flybuys points in multiples of 2,000 for 870 Velocity Points, up to a maximum of 138,000 flybuys points per calendar year per household (equivalent to 60,030 Velocity Points)."

  •  

    I'm still new to calculating what points are 'worth'

    I have an ANZ travel rewards card.

    1.5 Reward Points per $1 spent on eligible purchases up to and including $2,000 per statement period

    0.5 Reward Points per $1 spent on eligible purchases above $2,000 per statement period

    I'm guessing not worth using this card if i go over $2k spend? Because of the drop in earn rate? What would it equate to in velocity at the 0.5 Reward point rate?

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