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Earn 2,500 Velocity Points When You Activate Global Wallet & Transfer $2000 into Foreign Currency

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GW2500

Activate your Velocity Global Wallet® account using the promo code GW2500 and get 2,500 bonus Velocity Points when you transfer AU$2,000 or more into a foreign currency wallet within 3 months from card activation.

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Velocity Global Wallet
Velocity Global Wallet

closed Comments

  • What’s 2500 velocity points worth?

    • +6

      Definitely NOT worth the exchange rate they give, for sure.

      • Is their rate visible online anywhere?

        • Visible on the Global Wallet app

    • Calculate roughly how much your points will be worth – times them by 0.01 (one cent) as per this Choice article

    • +4

      points are worth around 1c each at best, when used for a flight, same as for Qantas. So $25. (edit: beaten by strike1)
      Less if used for merchandise.

      Current conversion rate: 1 AUD = 0.65363 USD , xe.com 0.68861 , 5.1% margin. x $2000 = $102. You must be @#$% kidding me!
      (I have their card, but use it for AUD only, as prepaid debit card online.)

      I'll stick with Citibank or ING thanks for foreign currency transactions.

      https://www.ozbargain.com.au/wiki/cards_with_no_overseas_tra…

      This is why you need to pay attention in maths class kids! If you can't add up, people will screw you over.

      • +1

        I try and tell my parents this as they still use "fee free" travel cards. The margin on the Forex is the fees.

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