First post alert, please go easy on me :-)
Found the offer below while browsing my Commbank rewards. I couldn't find any details on Velocity website. The attached Commbank link is all I could find, it provides Ts and Cs of the deal.
Velocity members will receive 15% bonus Velocity Points when they transfer their CommBank Awards Points to Velocity into Velocity Points between 12.01am (AEST) 1 March 2023 and 11.59pm (AEST) 04 April 2023 (“Promotion Period”).
Interesting. Do you know if they offered a 15% in March before?
are you sure it was for CBA? i didnt remember there ever being a 25% for it?
it was always the other banks and CBA was always 15%.
Just received my 100K bonus points… just in time!
same, velocity points were instant. now to close the card
Hmmmm.. is it worth waiting for 25% and potentially miss out on this…
I paid the $30 fee and signed up to the Qantas Awards and received 70,000 bonus points to my Qantas account.
For any points that have been earned but not yet transferred in the current statement period, can I transfer these to Velocity? Do I need to Opt out of Qantas Awards or can I do a one off transfer?
Did this end early? I can’t see the option in the app or by following the link to T&C?
Can confirm it's still working, even though not advertising anywhere on the Commbank website and has been removed in the T&C's.
I had to first 'Opt Out' of Qantas Awards, then my points became available to transfer to Virgin and got 15% bonus.
Were the 15% bonus points visible in the conversion calculator? Thanks
No, but they appeared immediately as a separate line item in my Virgin account straight away after the transfer (even though it says up to 5 business days)
@JHoliday many thanks mate
What's the min balance to be eligible for the 15% extra?
There wasn’t one (or at least it’s not very high). I was able to transfer 20 points and still got it.
Still working today. Today is last day of the offer.
Just did it and got the bonus points too. The transaction was instant
In the past there has been a 25% bonus in May. Might be worth waiting it out.