Found this under my Flybuys offers.
Standard conversion is 1000 Flybuys points for 500 Velocity points. Turn on auto-transfer to transfer your entire Flybuys balance (in 1000 multiples) to Veloicty and receive a bonus 500 Flybuys + 500 Velocity points.
For members who have not previously activated auto-transfer only. Interestingly the fineprint says the bonus is 1000 Flybuys + 1000 Velocity points, so may be targeted.
- You must remain linked until Mon 31 January 2022 to receive the bonus points.
- Members who opt in to Velocity Auto Transfer for the first time during the promotional period between 12:01am (AEST) Fri 21 January 2022 and 11.59pm (AEST) Tue 25 January 2022 will receive 1,000 bonus Velocity Points and 1,000 bonus Flybuys Points upon their first transfer during the promotional period.
- Offer is not available to (i) members who have already opted into Auto Transfer or (ii) members who have opted into Auto Transfer prior to this promotion and have opted out of Auto Transfer prior to or during this promotion period.