• expired

Velocity Frequent Flyer - 15-30% Bonus on Point Transfers to Velocity

2250

This is the Velocity bonus promotion – where you could receive a Velocity bonus of 15%. Transfer your reward points from one of our participating partners for Velocity Points by 30 November 2019, and you will receive a 15% bonus Velocity Points on top of the points you convert.

15% Bonus points:

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)
ANZ Rewards
ANZ Business Rewards
NAB Rewards
Westpac Altitude Rewards
Citibank Citi Rewards
HSBC Rewards (Platinum and Premier card holders only)
Diners Club Reward
Suncorp Bank Rewards
Card Services Rewards
Bank of Queensland Q Rewards (Platinum credit card holders only)
flybuys
Marriott Bonvoy
Le Club AccorHotels
Hilton Honors
IHG® Rewards Club
Shangri-La's Golden Circle
Choice Privileges Rewards
Singapore Airlines KrisFlyer

15% Booster points (total 30%):

ANZ Rewards
ANZ Business Rewards

Minimum points transfers may be required with certain Partners. Please refer to your Partner program for further details.

Related Stores

Velocity Frequent Flyer
Velocity Frequent Flyer
Marketplace

Comments

  •  

    Edit: mentioned in description

  • +3 votes

    Finally! Time to transfer a year's worth of flybuys again.

  • +2 votes

    I'd been holding off transferring points hoping they would do their Velocity Gold trial offer again (last time was 10,000 points transfer and receive 3 month gold). Looks like we might not be getting it this year. Bonus points it is!

  • +1 vote

    Points gurus out there, in general is it worth transferring points? is it more like consolidating your points to one central location?

    • +1 vote

      If you're looking to use Velocity, then yes it's a good time to transfer. These bonuses tend to happen 1-2 times a year.

    •  

      Depends on what you are using them for. I use ANZ Rewards and Velocity, if nothing on ANZ I trasnfer them all to V every november taking advantage of this promo.

      • +1 vote

        The promo earlier in the year generally has a higher bonus (ANZ + Velocity combined bonus of 50%). Hold off until then if you can.

    • +2 votes

      A lot of the point transfer options between rewards programs generally exchange at 2:1. So in terms of pure points, you end up with half the points after transfer. Generally it's only worth it if you're going to redeem points for flights/upgrades, as those are the best value use for points.

      If you're not one for that though, perhaps you'll go for gift cards. $100 Coles gift card from ANZ = 22,225 points; Velocity = 21,800 points. It's better value to get the gift card from the Velocity store if you already have the points, but it's definitely not worth it to transfer points from ANZ just to redeem the gift card on Velocity, as you'd need 43,600 ANZ points to get 21,800 Velocity points.

      Redeeming for other goods on the rewards stores works like gift cards, but with point:dollar ratios that are generally more varying and of lower value with the exception of specials/promos

    •  

      No, you lose value every time you transfer.

  • +2 votes

    I wish it was the other way around Virgin -> Krisflyer……doh

    •  

      Ditto. Why would anyone would transfer KrisFlyer to Velocity??

      • +3 votes

        If their points are expiring and they have no options to use them (even booking ahead).
        Better to transfer to velocity in this case.

        • +2 votes

          True but there are ways to keep them from expiring…

          • +1 vote

            @ajole: That's exactly what I am proposing and is mentioned on your link.

            Paying to extend the expiry is fairly expensive, USD$12 per 10,000 miles up to 1 extra year. Again, you need to be ready to book during that period.
            So my 500,000 would cost USD$600.

            I really wish that Krisflyer did not expire.

            •  

              @bohn: Oh damn about your expiring points! I totally get it.

              Having said that though, doing some math (also might depends on your valuation of points/$), but I value KF @ ~$0.025 min per point, so 500k Krisflyer points are worth min $12,500. $600 is only a ~5% decrease in value.

              All that would be contingent on you spending them within the next 12 months though.

      •  

        I am because we are flying some internal European legs with Star Alliance airlines, where you can earn KF points but not VFF points, so at least I can earn them, and then transfer them back to VFF for domestic use.

        •  

          If you have enough you can use KF to redeem with VA directly without the transfer.

          In general, KF points are much more valuable than velocity. Also Redemptions via KF usually have significantly lower fees and taxes component than doing so through VA directly So would advise against it unless you don’t have enough for your target redemption and they are about to expire!

      •  

        To get the 15% and then transfer back?

        • +1 vote

          You lose more than the bonus in both directions so will end up with significantly less points - the transfer is not normally 1:1 in each direction.

        •  

          Transfer back and forth is not 1:1. Velocity to KF is 1.55:1

          •  

            @ajole: Sorry that doesn't make any sense. You do realise there is a reason the points aren't 1:1 right? They aren't worth the same. It's like currency. If I purchased 0.67 USD with 1 AUD it wouldn't lose value.

            •  

              @obavatar: So for example yes of course you get less Krisflyers points with your Virgin points because you can get more per point with Krisflyer.

              •  

                @obavatar: I believe it’s 1.55:1 both ways, so you lose value each time you transfer back and forth.

                Per Krisflyer

                Receive 1 Velocity Point for every 1.55 KrisFlyer miles converted.

  •  

    https://www.velocityfrequentflyer.com/content/Earn/Airlines/...

    Tested out a few destinations and did not offer anything I was after. Send very limited flights

    •  

      You need to check their partner airlines

    •  

      If booking flights in points you need to book very well in advance. They offer minimal entry level reward seats per flight, like they may only have 10 MEL>LA Getaway fares per flight and then you have to go to Elevate, which is about 50% more expensive if booking with points.

    •  

      You can search for virgin reward flights using the Delta website if you sign up. I just had a look and there's not one reward seat to Singapore available next year :/

      •  

        Virgin don't fly to Singapore? And SQ aren't a DL partner? So you shouldn't see any.

        SQ Aus-Singapore flights are usually extremely easy to book only a month or so out on the Velocity website (and very good value with low taxes even in Business!)

  •  

    Does anyone know if 20% bonus flybuys to velocity will ever happen again?

  •  

    Damn no CBA this time around

    •  

      My dad has like 800k CommBank Points to be transferred…

    •  

      Man, CBA you suck… Was waiting all year to transfer points to VFF…

      • +3 votes

        All year? They were included in the massive May transfer bonus

      •  

        I just banked my 100k bonus points on my first CBA card (no fee with home loan). Also assumed that I could transfer the points in this Nov offer. CBA really are rubbish for this sort of thing. I need a new card…not much happening in the no annual fee first year category (come on NAB, long time no offer).

        I'm thinking the Virgin Money card is the best point bang for buck currently?? (mindful of all the exclusions).

        Anyone know a card that is due to pop up this time of year? (I'm currently in the 12 month exclusion/ wait period for Qantas, Westpac, StGeorge, Amex (18 months), Citi Signature).

        •  

          ANZ travel rewards has 75k velocity bonus points and cool features like free domestic flight and 2x lounge passes annually so long as you're cool with a $225 annual fee

  •  

    Where is the info on the 30% bonus point for ANZ rewards?

    I can't seem to find the 15% Booster points information

  •  

    missed out on the 23% points boost that expired Oct buy buying $10 at Coles group

  • +1 vote

    Sweet. Got 100k points across Amex, ANZ and Flybuys. Time to finally cash in.

  •  

    Does the velocity account need to match the amex explorer account..? I want to cancel my wife's explorer but don't want to lose the points, was thinking I'd transfer to velocity (has 170k odd points so can't transfer them all to me) but I was wondering if I can send them to my velocity…?

  •  

    Damn I literally transferred day before yesterday from flybuys to Velocity. U think calling them they can add 15% to the pool lol ??

    in our family pooling we have 465 status credits (silver status) - but will expire by 30th nov 2019. As we are making a trip but in Jan2020. So I dont think i can do anything with the status credits ?
    on other hand pooling 300k velocity points to kris flyer to book tickets via singapore air.

    • +1 vote

      465 SC?! mate you're so close to Gold!!! Just do status run and get that gold mate. Then you can get Gold benefits when you fly SQ and also get Hilton Gold for your holidays

      •  

        I wish, but i dont think i can do status run as 2 babies to look after.. and then finding a super cheap deal and not in tune of $500 to earn that additional 35 credits.
        I do already have Priority PASS, so that lets me get into all good to excellent lounges in singapore airport. Extra baggage is one benefit for sure, but dont need it.

        •  

          Sounds like you deserve a R&R weekend before 30th Nov ;)

          Does priority pass includes additional guest and kids? Didn't know that.

          Well, Hilton Gold gives you good upgrades.

          •  

            @Serathis: Good Question - Usually only 1 guest and it varies from what deal u have made with Priority pass when signing up, as usually they charge $35 per guest or so (vaguely remember), kids under 5 are free, well ours is well below 3 and didnt have issue last year.

        •  

          Sign up for an Amex Velocity Platinum for 100 SCs.

          or maybe get SC via Coles shop (on the Platinum). Buy a few high cost items (maybe like wifi globes, coffee machines) with your Flybuys card and then return them (cut Flybuys info off receipt) on to a different card. They ask if that was the card that was used. Just say 'yes', no issue, the refund works.

          Disclaimer. I have no idea what the earn rate is, but it's 35 credits!!

  • +5 votes

    BTW, for ANZ Rewards, they sometimes do a 50% bonus (I got that in May 2017 & 2019). So if you have ANZ Rewards points & don't need to use them soon, it might be worth holding out for the next 50% (presumably in May).

  • -3 votes

    220k velocity points already.
    I'm not sure I need anymore….🤔

  •  

    Does this stack with the 200 for 2000 flybuys transfer ?