25% or more* bonus Velocity Points

[futaris]

This was mentioned in http://www.frequentflyer.com.au/com.../velocity-offer-thats-out-world-15710-19.html thread:

Velocity - Specials
http://media.25millionpoints.com.au/bankBonus/index.html

Have you heard the news? Until 15 April 2009, we’re offering you the chance to grab a massive 25% or more* bonus Velocity Points when you transfer your reward points to Velocity**.

Plus, if that wasn’t a sweet enough deal, every Velocity Point you earn (including your bonus Velocity Points!) is an entry into the draw to win 25 million Velocity Points**.

Terms & Conditions

*Dependant on your credit card rewards program
** Promotion is only open to Australian Velocity Members. Further details and full Terms & Conditions on the competition and bank bonus offer, including offer eligibility, minimum reward points transfer requirements and Card Partner Terms & Conditions visit velocityrewards.com.au/bonus Once Card Partner reward points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms & Conditions and cannot be reversed. ANZ Business One Visa Rewards members receive 50% bonus Velocity Points until 15 April 2009. The promoter is Velocity Rewards Pty Ltd of 518 Brunswick Street, Fortitude Valley QLD ABN 98 116 089 448 NSW Permit No. LTPS/08/ 12522 VIC Permit No. 08/ 5705 ACT Permit No. TP08/ 5066 SA Permit No. T08/ 4739

 

[jad01]

entry into the draw to win 25 million Velocity Points**

Well technically speaking, you go into the draw to win one of four prize options.
Looking at the terms and conditions, you can't actually use your points for anything other than the four prize options.

Personally, I think if they had 25 prizes of one million points to use freely might have lured more people.....and probably would have had me a little more excited.
After all the hype, I am a little disappointed.

JASON