Just received the following email from Velocity. Clicking on the FlyBuys transfer page, it does not look like the bonus points calculate on here. So maybe same as the last one where the bonus points will magically appear on your Velocity balance.
Transfer more and boost your bonus
Transfer your flybuys points to Velocity by 31 July 2020 and receive up to 20% bonus Velocity Points. The more you transfer, the more you'll earn.
2,000 to 100,000 flybuys points = 15% bonus
Over 100,000 flybuys points in a single transaction = 20% bonus
Plus, there is no maximum limit on how many flybuys points you can transfer to Velocity in the month of July (in increments of 2,000 flybuys points). The limit will be reapplied in August 2020 with any flybuys points transferred in July to be included in the standard yearly limit of 138,000 flybuys points.
Terms and Conditions
*Velocity Frequent Flyer members will receive tiered bonus Velocity Points when they transfer their flybuys points to their linked Velocity account between 12:01am (AEST) 1 July and 11:59pm (AEST) 31 July 2020 (Promotion Period).
Tiered bonus Velocity Points are calculated as a percentage depending on the amount of transferred flybuys points in any one transfer during the Promotion Period, as follows:
2,000 to 100,000 flybuys points (being 870 to 43,500 Velocity Points) = 15% bonus Velocity Points
Over 100,000 flybuys points (being over 43,500 Velocity Points) = 20% bonus Velocity Points
Velocity Frequent Flyer members must link their Velocity membership to their flybuys household to transfer their flybuys points to Velocity Points and must remain linked until the end of the Promotion Period. Only one Velocity membership can be linked to a flybuys household at any one time. Linked households may transfer a minimum of 2,000 flybuys points (being 870 Velocity Points) per redemption and must transfer in increments of 2,000 flybuys points. For the month of July 2020 only, flybuys points transferred during the Promotion Period will be excluded from the calculation of the maximum limit on transfers to Velocity of 138,000 flybuys points (being 60,030 Velocity Points) per household, per calendar year, after the Promotional Period flybuys points transferred including those transferred within the promotional period will be calculated towards the maximum limit on transfer per household per calendar year. No fractions of Velocity Points will be allocated, only whole Velocity Points. Tiered bonus Velocity Points will be calculated as a percentage of the base number of Velocity Points you will receive when you convert your flybuys points to Velocity Points during the Promotion Period. Visit flybuys.com.au/velocity to transfer flybuys points. flybuys points transferred for Velocity Points will be credited to the linked Velocity account. Standard flybuys Terms and Conditions apply to the collection of flybuys points. Standard Velocity membership Terms and Conditions apply once points are transferred to Velocity.