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Virgin Australia is once again offering 15-30% bonus velocity points on transfers to Velocity Frequent Flyer from most Australian credit card rewards programs. The bonus also applies to transfers from Flybuys, as well as many hotel loyalty programs!
All you need to do is transfer points from an eligible program to Velocity Frequent Flyer by 30 November 2017. Most transfers will automatically collect 15% bonus Velocity points. Transfers from the American Express Premium Ascent program will earn a 20% bonus, while conversions from ANZ Rewards or ANZ Business Rewards receive 30% bonus points.
Woohoo! I’ve been saving my ANZ Reward points and Fly Buys since the last bonus period. Happy to see this back again, and the additional 15% from ANZ is very welcome.
Most Australian banks are participating in the promotion. These include NAB, ANZ, HSBC, Amex, Diners Club, Citibank, Suncorp & Bank of Queensland. Two notable exceptions are Westpac’s Altitude Rewards program and Commonwealth Bank.
Lots of people are going to get caught out with no Westpac or CBA cards included in this promotion….. very frustrating.
CBA did participate in every points transfer promotion but stopped doing so several years ago – since then, they’ve usually only participated in these offers once a year. One of the (many) reasons I now use my Amex-issued card a lot more than my CBA Diamond Amex.
Participating hotel loyalty programs include Hilton Honors, Accor Le Club, IHG Rewards and Starwood Preferred Guest (SPG).
This month’s promotion is being called the “world’s biggest points exchange expo”. Velocity runs a similar promotion every six months, generally in May and November. The last promotion, which ran during May, also offered 15% bonus points on transfers to Velocity from most credit cards. That promotion was marketed as a “billion points giveaway”.
Our members have already started transferring their points…
Woohoo! I’ve been saving my ANZ Reward points and Fly Buys since the last bonus period. Happy to see this back again, and the additional 15% from ANZ is very welcome.
There’s no doubt that this is a good deal. But if your credit card gives you the option to transfer points to multiple different airlines, it’s not necessarily a good idea to convert all of them to Velocity without a specific redemption in mind. Transfers cannot be reversed.
Join the discussion HERE.
