Transfer Credit Card Reward Points from Participating Partners to Velocity for 15% Bonus @ Velocity Frequent Flyer

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Transfer Credit Card Reward Points from Participating Partners to Velocity for 15% Bonus @ Velocity Frequent Flyer
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AssociatedThePointsGuru @ The Points Guru on 01/05/2025 - 00:23 velocityfrequentflyer.com (1343 clicks)
Last edited 01/05/2025 - 14:33 by 1 other user

Convert your credit card reward points from the participating partners to Velocity this May and enjoy a 15% bonus.

Velocity members will receive 15% bonus Velocity Points when they either:

  • Manually transfer eligible points from Participating Partners to Velocity into Velocity Points between 12:00am AEST 1 May 2025 and 11:59pm AEST 31 May 2025 (“Promotion Period”); or
  • Opt in to Auto Transfer on their eligible credit card with their Participating Partner during the “Promotion Period” and automatically transfer points from their Participating Partner to their Velocity account during the Promotion Period.
    Minimum points transfer required, transferred in each transaction. A Velocity Member can transfer multiple times during the Promotion Period.

Participating Financial Services partners (Manual Transfer)

  • American Express
  • ANZ
  • Bank of Melbourne
  • BankSA
  • BOQ
  • Card Services
  • Citi
  • HSBC
  • NAB
  • St.George
  • Suncorp Bank
  • Westpac

Participating Financial Services partners(Auto Transfer)

  • ANZ
  • Bank of Melbourne
  • BankSA
  • NAB
  • St.George
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Comments

  • tunzafun001 on 01/05/2025 - 01:16
    +1

    Do we see 20% any more?

    Also, Westpac altitude points. Better going elsewhere?

      • sn809 on 01/05/2025 - 05:53

        Yes but that has too many restrictions

      • firestint on 01/05/2025 - 11:23
        +1

        Does this new offer stack with this previous 20% one, or do we just get at most 20% extra if we had auto transfer turned on as part of the previous offer?

  • ryefig on 01/05/2025 - 05:42
    +1

    Finally, a promo that Citi is participating in.

    • cheekymonkey97 on 01/05/2025 - 07:56

      Only a few months too late after I cancelled my card…

      • ryefig on 01/05/2025 - 08:32
        +2

        Ouch, that’s unlucky.
        My annual fee is up in a couple months. Was considering keeping the card but with the changes made to the travel insurance, it’s no longer worth it so I’ll be canceling too.

        • Crowing on 01/05/2025 - 09:19

          Which card do you have? Ive read it that the changes are only applicable to the Citi Rewards Credit Card (i.e. not Premier, Prestige etc). Unless Premier and Prestige are considered a Citi Rewards Credit Card?

        • cheekymonkey97 on 01/05/2025 - 09:20

          What were the travel insurance changes?

          • ryefig on 01/05/2025 - 10:15
            +1

            @cheekymonkey97: Increase of excess amount from $400 (which was already high) to $600, plus some others.
            Full set of changes are in the first 4 pages of this document.

  • tobyjc3 on 01/05/2025 - 06:08
    +1

    Do these ever pop up for Commbank?

    • cook99 on 01/05/2025 - 09:34
      +1

      Courtesy of PointHacks:

      February 2025: 20% bonus for Auto Transfer from selected banks (up to April) | 15-20% bonus for Amex
      November 2024: 10% bonus for most bank rewards (2-month offer) | 5-15% for Flybuys
      August 2024: 10-15% bonus for Amex
      May 2024: 15-20% bonus for most bank rewards (2-month offer)
      March 2024: 10-15% bonus for American Express Membership Rewards and CommBank Awards.
      November 2023: 20% bonus for most programs (3-month offer).
      August 2023: 10-20% for Amex Member Month.
      May 2023: 15-20% bonus for most programs.
      March 2023: 15% bonus for CommBank Awards members only.
      February 2023: 15-20% bonus for Amex Membership Rewards only.

      • ezza on 01/05/2025 - 10:16

        CBA wasn't in the last offer (Feb 2025 - Apr 2025)… I saw this offer, it included literally all banks except CBA for some reason.
        Can't speak for previous history.

  • HitlersDad on 01/05/2025 - 08:26

    Citi let's go

  • Crowing on 01/05/2025 - 08:31
    +3

    Is it worth converting to velocity or keeping points in Citi account to have the flexibility of converting to kris flyer down the track?

    I think even with the extra 15% bonus converting direct to krisflyer yields more points than velocity to krisflyer (I have Citi premier)

    • Craze on 06/05/2025 - 00:25

      You'd only transfer to Velocity if you don't think you'll use the points within 3 years, you'd need to pay up to extend KF points so better off transferring directly to KF.

  • itsfree on 01/05/2025 - 08:40

    If I've already enabled automatic transfer with ANZ, would I still earn the bonus points?

    • ryefig on 01/05/2025 - 09:16

      No

      • itsfree on 01/05/2025 - 09:37

        What about if I disable then re-enable? Or disable and then manual transfer?

        • ryefig on 01/05/2025 - 10:15

          Won't work. Only if you had disabled before the promo started.

  • ezza on 01/05/2025 - 10:05

    Has anyone done this with NAB and received the 15% extra points but had received bonus points for taking out a credit card (ie. 100,000 for taking out the card and spending $x).
    I just can't understand how Velocity has ways to check how the points were accrued if it's a transfer across to them. Ie - my balance may be 143,000, how do they know the first 100,000 was earned maybe 5 months ago for a sign-on bonus and the rest was accrued by shopping.

    In the terms on the bottom for NAB it states this:

    "NAB Rewards Terms & Conditions
    If you receive the Acquisition Bonus Points for a new NAB Rewards card during the Promotion Period, you will not be eligible to receive bonus Velocity Points as part of this offer on any points transferred from NAB Rewards."

    • ezza on 01/05/2025 - 12:23

      EDIT:

      Now that I read it again:
      "If you receive the Acquisition Bonus Points for a new NAB Rewards card during the Promotion Period"

      I read this as - if you didn't received these bonus points during this 'promotion period' being literally 1 May 2025 and 11:59pm AEST 31 May 2025 (“Promotion Period”) then the offer does apply.

      I'm going to try the transfer and see what happens!

      • The Hobo on 07/05/2025 - 16:04

        How did you go? I have the velocity platinum amex with bonus points in the same situation.

        • ezza on 07/05/2025 - 16:31
          +1

          My issue extended a bit further - I have a NAB Business Rewards Signature Credit Card.
          In the terms and conditions there was nothing about NAB Business (but there is mention of ANZ Business credit cards).
          Velocity staff assured me that NAB business was also okay with this promo, I even tried the website enquiry form - same result.
          I do need to eventually move the points across but holding off until the last week of April for now.
          Unsure what result will be.

    • j1568 on 14/05/2025 - 10:02

      My auto transfer somehow stop transferring this month in May not sure whether it’s due to the 15% promotion or because I have odd number points. I just got my bonus 120k and was planning to do manual transfer to KrisFlyer before the auto transfer took place on Mondays. But I took the risk and did manual transfer to velocity and try get extra 15%. Wont know whether it works until by end of July when the bonus points are supposed to hit your account.

      • excite on 20/05/2025 - 22:47

        NAB used to do auto transfer weekly but changed to monthly in May.
        I'm in the same boat, just got 120k bonus points, was planning to transfer to flybuys, then to Velocity when needed, now with the 15% promotion, not sure if I just manual transfer to velocity now.

        • j1568 on 21/05/2025 - 10:27

          There’s a chance you might not get the bonus points via manual transfer if they are able to track it. I lose out about 1300 KrisFlyer points if that happens but if I do get the bonus points I gain 4500 KrisFlyer points than transferring straight to KrisFlyer.

  • glyptothek on 01/05/2025 - 11:19

    Too easy with Amex!!!! MR Ascent Premium

    • RichieRichAus on 02/05/2025 - 16:45

      Can you elaborate on what you mean by MR Ascent Premium please?

      • glyptothek on 02/05/2025 - 17:15

        Amex Membership Rewards Level: Ascent Premium for Platinum cards, allows transfer to multiple airline partners eg SQ, QF,VA,CX, QR, BA etc as well as hotel partners Hilton Marriott etc

  • chanhoz on 01/05/2025 - 11:34
    +1

    Another bonus offer
    Transfer credit card points to Velocity monthly and get bonus Points

    Bring your eligible credit card points home to Velocity between 1 May and 31 October 2025 to enjoy up to 15% bonus Points!*

    https://www.velocityfrequentflyer.com/partners-offers/transf…

    • glyptothek on 01/05/2025 - 14:39
      +1

      Nice bit its not all 15% and it cannot be used with other offers eg this one

  • kungfuman on 01/05/2025 - 12:01

    wished this offer was out 2 weeks ago when i transferred 180,000 anz points over to my veloicty…. o well.

    • ezza on 01/05/2025 - 12:21
      +1

      It was! Their last offer finished up yesterday.

  • eriktufa on 01/05/2025 - 13:12

    Perfect!

    After 20% with auto transfer for ANZ and NAB.

    Time to move some citi. FYI, if you want to transfer to krisflyer down the track, it is worth doing it so to velocity first due to the 15% bonus.

    I still don't know the timing though of when we will get the bonus points.

    • karmics on 01/05/2025 - 13:44
      +4

      For Citi might still be better off transfering direct to KF if KF is your ultimate goal.

      Citi is 2.5:1 KF, even with velocity 2:1 + 15% you'll still have more KF when transferring direct.

      Using 1000 Citi points as an example:
      Citi to KF direct = 400 miles
      Citi to Velocity to KF = 371 miles (1000/2 + 15% bonus = 575 velocity points / 1.55 = 371 KF miles)

      But only worth it if you have a planned use for the KF miles as they expire unlike Velocity; and for other banks at 3:1 KF you'll be ahead going via velocity)

      • eriktufa on 01/05/2025 - 17:23

        You are right actually, sorry!

        I have enough in velocity so probably best to just keep them in citi rewards points.

      • HmrW on 01/05/2025 - 20:16

        Thanks for this explanation, was wondeirng about the same question too earlier

    • limetree1 on 01/05/2025 - 14:27

      I had auto transferred all my anz point last month for the 20% offer. But I didn’t get the 20% extra yet. Have you got them ?

      • MrBr0 on 01/05/2025 - 16:52

        Not seen any bonus points come through yet

        • PeterN on 06/05/2025 - 10:04

          I’ve stopped transferring on the first day of the promotion as I had issues with timezones. Last promo in February I had to go back and forth with them so many times to finally get the bonus points.

      • eriktufa on 01/05/2025 - 17:21

        Will take 1 month apparently to hit our accounts.

        • limetree1 on 01/05/2025 - 20:19

          Hopefully I’ll get it. I won’t remember to check it again in a month.

  • indomatic on 01/05/2025 - 14:40

    Is this the best option for Citi Rewards? I still have my PayAll points sitting there

    • tunzafun001 on 20/05/2025 - 23:03

      How did you go with this? I need to do the same?

  • Ozb101 on 01/05/2025 - 19:30
    +1

    velocity have some good airline partners like SQ and ANA

    • Craze on 06/05/2025 - 00:29

      Yes, but IIRC required points are different; and reading some comments in the past availability is also better directly via SQ vs booking through Virgin so YMMV.

  • Sestrooper on 01/05/2025 - 21:47
    +1

    A shame CBA doesnt do this

  • The Hobo on 07/05/2025 - 16:06

    Do we need to "register" for this offer? I went to transfer from my citi prestige account and there's no indication that there's an offer on.

  • knobbs on 08/05/2025 - 20:54

    I transferred from from an eligible bank but recieved no bonus on the 3rd of May. Do we need to wait to get the bonus for some reason?

    • lightandtaingy on 11/05/2025 - 20:16

      Haven’t received it yet as well, transferred on the 3rd of May

      • j1568 on 14/05/2025 - 07:51
        +1

        If I remember reading terms correctly, bonus points will be credited to account by 31 July.

  • JuryWheel on 09/05/2025 - 10:27

    Ive been sitting on 600k odd of Amex Gateway points (havent used any in 4-5 years) and am thinking it might be time to move them somewhere else to use or sell - Im guessing this is a good option?

    • ezza on 09/05/2025 - 11:09
      +3

      Terrible… I mean why would anyone want an extra 15% bonus for transferring to Velocity and putting it to good use. lol….

  • Moo Deng on 24/05/2025 - 20:12

    When do the bonus points get added?

  • metalvalour on 24/05/2025 - 23:54

    do these happen quite frequently? Do they go higher than 15%? I have about 300k amex ascent premium points, not in a hurry to use/convert it, so should i just wait for a better deal?

    • RichieRichAus on 25/05/2025 - 09:45

      I'm also wondering is this the best use of AMEX points? Or is it better to transfer to an international airline?

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