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

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Velocity Frequent Flyer - 15-50% Bonus on Point Transfers to Velocity - Flybuys, Credit Cards, Hotel Rewards
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matt1234 on 30/04/2019 - 12:47 go.velocityfrequentflyer.com (2881 clicks)
Last edited 03/06/2019 - 11:18 by 1 other user

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 9 June 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.

Travel Frequent Flyer Reward Points Velocity Frequent Flyer Virgin

Related Stores

Velocity Frequent Flyer
Velocity Frequent Flyer
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closed Comments

  • Sshanaz on 30/04/2019 - 12:51
    +3

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

    • matt1234 on 30/04/2019 - 12:56

      Sometimes they do increase the transfer rate towards the end of the promo, so maybe hold off until the end of may?

      • Spending2Much on 30/04/2019 - 13:03
        +1

        Thanks

      • dazweeja on 30/04/2019 - 13:11
        +3

        Happy to be corrected but I've never seen a bonus of more than 15% on Flybuys.

      • MitchyD1989 on 30/04/2019 - 14:27
        +1

        Yep, I've almost never seen one of these promotions where Flybuys hasn't added a bonus towards the end. Works well for me as I always wait until the last day of the promotion anyway so that I'm bringing over as many points as possible.

  • cerealsmok3r on 30/04/2019 - 13:03
    +2

    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

    • cerealsmok3r on 30/04/2019 - 13:32

      Thanks OP and just in time for me to cancel my Amex Explorer (:

      • matt1234 on 30/04/2019 - 13:37
        +1

        Would of been better before the points devaluation :(

  • nomster on 30/04/2019 - 13:06
    +13

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

    • Maxxjet on 30/04/2019 - 13:11

      Is ANZ reward $1 for 1 pt?

      • nomster on 30/04/2019 - 13:31
        +4

        ANZ is $1 for 1.5 rewards.

        2 rewards = 1 velocity.

        $1 = 0.75 velocity

        With the bonus it's 1.125 pt / $1

        • ely on 02/05/2019 - 13:51

          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 :-/

          • nomster on 02/05/2019 - 18:46

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

            • ely on 02/05/2019 - 20:17
              +2

              @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 :-/ :(

        • blueyez on 14/05/2019 - 16:49

          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?

          • nomster on 15/05/2019 - 14:06

            @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.

            • blueyez on 15/05/2019 - 17:50

              @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!

    • alphonts on 30/04/2019 - 13:28

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

      • nomster on 30/04/2019 - 13:33
        +1

        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.

      • [Deactivated] on 30/04/2019 - 14:37
        +1

        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.

    • BadHorse on 30/04/2019 - 14:01

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

    • knobbs on 30/04/2019 - 14:52

      How often is the 50% bonus for ANZ rewards?

      • Nos 4r2 on 30/04/2019 - 15:41

        The last bonus offer they did was in November 2018 and it was 2 separate promotions. 15% Bonus from Velocity and 15% bonus from ANZ.

    • Nos 4r2 on 30/04/2019 - 15:44
      +1

      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.

    • Coops1 on 30/04/2019 - 15:59
      +2

      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.

  • 529394 on 30/04/2019 - 13:13

    Wow westpac is on the list this time

    • matt1234 on 30/04/2019 - 13:16
      +5

      And Commonwealth - they haven't participated in years

      • melbourne guy on 30/04/2019 - 13:30
        +1

        Not since May 2017

      • nomster on 30/04/2019 - 13:37

        how often is this event held?

        • melbourne guy on 30/04/2019 - 19:30

          Usually every May and November at least, but participating banks/hotels/flybuys varies.

  • T-man on 30/04/2019 - 13:23
    +3

    CBA is back to the list

  • voteoften on 30/04/2019 - 13:27

    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.

    • matt1234 on 30/04/2019 - 13:39

      There was one awhile back for signing up for coles mastercard through flybuys that came with bonus flybuys and gold status for 6 months

      • nightelves on 30/04/2019 - 13:55

        Different promo

    • knobbs on 30/04/2019 - 14:41

      Yeah I scrambled to get that 10k flybuys points. I have gold until December this year thanks to that. Quite enjoying myself :P

    • jackofspade on 30/04/2019 - 15:15

      Me too for this offer https://www.ozbargain.com.au/node/404013

  • ShMiCk on 30/04/2019 - 13:27
    +2

    Does St George bank under Westpac?

  • melbourne guy on 30/04/2019 - 13:30
    +1

    Woohoo 25% CommBank. About bloody time!

    • mrshorty on 30/04/2019 - 14:50
      +2

      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

  • Xianese on 30/04/2019 - 13:41

    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.

  • skuzy on 30/04/2019 - 13:48

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

  • Kawaii on 30/04/2019 - 14:30

    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?

    • matt1234 on 30/04/2019 - 14:34
      +3

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

      • Kawaii on 30/04/2019 - 14:35
        +1

        I dont travel, I'm Tassie

      • Kawaii on 30/04/2019 - 14:35

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

        • nightelves on 30/04/2019 - 14:48

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

          • kerfuffle on 01/05/2019 - 05:24

            @nightelves: In Velocity points? If so, that’s wrong by a large amount. Where did you get your figures from?

            • nightelves on 01/05/2019 - 07:20

              @kerfuffle: Oops it’s 7800 and $27 in taxes. Not sure how you thought it’s off by a large amount.

              • kerfuffle on 01/05/2019 - 07:23
                -3

                @nightelves: You were off by 900 points, which is almost 1000 off and pretty large in my opinion since it's 7800 points …

                • nightelves on 01/05/2019 - 07:26
                  -1

                  @kerfuffle: Off by $10.80 in points based on 1.2c per points is large? Geez.

                  • grasstown on 01/05/2019 - 08:20
                    -1

                    @nightelves: You should be basing it on more than 1.2 cents a point. They can be worth much much more than $10.80 . Your comment is useless

        • matt1234 on 30/04/2019 - 14:54

          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.

  • iversonjack on 30/04/2019 - 15:08
    +1

    Yay for finally CBA!
    Nay for no St George!

  • 31mop on 30/04/2019 - 17:21
    +2

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

    I have 405k FB points….

    • nightelves on 01/05/2019 - 07:28

      Wow so the cap is enforced. Thought it would be taken for these promo.

  • pc6673 on 30/04/2019 - 17:48
    +1

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

    • melbourne guy on 30/04/2019 - 19:28
      +2

      Definitely the right time. It’s been 2 years since a velocity bonus has been offered for CommBank points.

      • pc6673 on 30/04/2019 - 19:29

        thx mate!

  • Saul Goodman on 01/05/2019 - 09:51

    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

    • nightelves on 01/05/2019 - 10:35
      +1

      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.

      • [Deactivated] on 01/05/2019 - 13:24

        Best ways to earn points? Other than bonus points!

    • matt1234 on 01/05/2019 - 10:36
      +1

      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

    • mrshorty on 01/05/2019 - 11:29

      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

  • [Deactivated] on 01/05/2019 - 13:18
    +1

    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!

    • Briefcase Mong on 01/05/2019 - 19:02

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

      • [Deactivated] on 07/05/2019 - 12:00

        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!

      • matt1234 on 11/05/2019 - 04:15

        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.

  • Your Friend on 11/05/2019 - 09:16

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

  • itsmehuey on 13/05/2019 - 00:30

    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)

    • Coops1 on 13/05/2019 - 07:45

      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.

      • itsmehuey on 13/05/2019 - 09:38

        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)."

        • Coops1 on 13/05/2019 - 10:52
          +1

          Calculator just does the basic points…870. You get another 130 with the bonus

          • itsmehuey on 13/05/2019 - 11:30

            @Coops1: thanks for clarifying. they should have just included the bonus in the calculator -_-

  • blueyez on 13/05/2019 - 17:25

    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?

  • blamewilliam on 26/05/2019 - 09:53

    Is it worth to trade in 100, 000 Amex points from the sign up bonus for this offer?
    Sorry I'm new to this so not sure what value it's worth

    • matt1234 on 27/05/2019 - 09:24

      That really depends on what you are going to use the points for.

      If you are looking to use it for overseas travel, best to transfer it directly to the airline you will be using such as singapore airlines krisflyer.

  • Saul Goodman on 28/05/2019 - 11:49
    +2

    Is anyone else with Flybuys waiting till the end to see if they bump up the reward?

    • pepsicles on 28/05/2019 - 12:07
      +1

      me

    • Coops1 on 28/05/2019 - 16:05
      +1

      Last time it was above 15% for flybuys was September 2011 I believe.

      • melbourne guy on 31/05/2019 - 11:31
        +1

        Early in June last year it was 20% and also 2 free lounge passes if you transferred more than 100,000.
        https://www.ozbargain.com.au/node/382659

        • Coops1 on 31/05/2019 - 12:19
          +1

          True, but not many people with that volume of points. Reading up, It was actually over 190k in flybuys points transferred to get the 20% bonus and ~ 100k velocity.

          • melbourne guy on 31/05/2019 - 13:30
            +1

            @Coops1: Very true. I went through my old emails after commenting and yeah you had to end up with 100,000 velocity points from your transfers to get the lounge passes. Considering I do my big grocery shops at Aldi, I'm not gonna ever get anywhere near that!

            • Saul Goodman on 31/05/2019 - 14:49

              @melbourne guy: Can you remember if this was an independent deal, or similar to this one where they had a bunch more companies? I have 500k flybuys so might take the risk in not transferring anything over now and see if something better comes.

  • Ritti on 30/05/2019 - 13:59

    Careful, Velocity didn't give me my 36000 Bonus Points…

    Transferred 72000 Points on the 30th of April from ANZ Rewards and the promotional website was already online. Now velocity claims I transferred a day too early and I am not getting the 36000 Points I was meant to get as bonus.

    Very disappointed with Virgin

    • matt1234 on 30/05/2019 - 15:30
      +1

      The promo specifically stated it didn't start till 1st May, doesn't matter if the site was up already or not.
      "(Transferred Velocity Points) between 1 -31 May 2019 (Promotion Period)."

      • Ritti on 30/05/2019 - 15:41

        It didn't state this on the website only in the terms which is missleading. Website only says until end of May

        • kerfuffle on 30/05/2019 - 15:43
          +1

          Pays to read the terms and conditions, hey? Always read the fine print

        • matt1234 on 30/05/2019 - 16:05
          +1

          Actually it kind of does…
          https://imgur.com/aDkSICk

          This isn't from the terms and conditions section, its from the main promo page

          If I transfer from ANZ or a hotel partner what is my bonus?

          When transferring from ANZ Rewards, ANZ Business Rewards or one of our participating hotel partners from 1 May and 31 May 2019, you will receive a bonus 20% Velocity Points.

          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.

    • grasstown on 31/05/2019 - 00:36

      That sucks. In the old days oz bargain didn’t have the little calendar under the deal showing when deal starts and ends. We used to write in the actual post that the deal starts tomorrow etc. it was better and these mistakes didn’t happen. Now it’s quite common for someone to post that they headed to the shops before a deal started. I just looked at the revisions, I see why you made the error, it’s easy not to read and just assume a deal is active. I assume it had a blue “tomorrow” ribbon on the deal but as I noted it easy to miss. this site doesn’t cater for the days we make mistakes or aren’t on the ball. Shame you lost so much

  • Ritti on 30/05/2019 - 15:47
    -2

    You must be the guys I spoke on the phone with at velocity…

  • dust on 31/05/2019 - 09:43

    Last day to do this if you were putting it off!

    • Wombatt on 31/05/2019 - 20:52

      I thought that too, but when you click through on flybuys it says it's available up until June 9th. Not sure what to trust, hoping for them to bump it to 20%

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