Bonus 200 SC's for credit transfer.

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Clobu5

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Nov 22, 2013
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Just received this targeted offer.

As an exclusive offer, you have the chance to boost your Status Credit balance simply by transferring your existing credit or charge card points to your Velocity Account.

Transfer the equivalent of 75,000 Velocity Points or more from one of the participating partners below by 30 June 2014 and you’ll receive 200 Status Credits*.

A boost in Status Credits could help you maintain your Gold membership or bring you closer to Platinum membership, where you can enjoy additional benefits such as four complimentary domestic fare upgrades to business class and complimentary membership in to the equivalent tiers of our hotel and car hire partners^.


I dont have any points to transfer for this offer and wonder how many others got it and whether the values are different to each member??



T's & C's:

*Status Credit offer only available to Velocity Frequent Flyer members who are the named recipient of this email and who transfer the minimum points requirement, in one single transfer, from one of the participating bank partners to their Velocity Account between 16 and 30 June 2014. Multiple or accumulative transfers from one or more partners will not be eligible for the bonus. This Status Credits offer is based on your membership level as at 16 June 2014, should your membership level change during this promotional period, the Status Credits awarded upon an eligible transfer will be as per the amount stated in this email. Please allow up to 4 weeks for the Status Credits to be awarded to your Velocity Frequent Flyer Account. This offer is not applicable or valid in conjunction with any other advertised or promotional offer and is non-transferable. The Status Credits will be awarded once, and only to the Velocity member who received this email, upon transferring the required number of points to their Velocity Account. Points transfers available to Velocity members only and with participating Card Partners only. The earning and redemption of Card Partner points is subject to the Terms and Conditions of the Card Partner reward program. Once Card Partner points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms and Conditions and cannot be reversed. Transferred Points will be available in your Velocity Account subject to the Partner Points transfer timeframes. The Status Credits offer is only available with ANZ Rewards credit card accounts, Commonwealth Bank Awards credit card accounts, ANZ Business One Visa Rewards accounts and Australian American Express Card holders, including David Jones American Express Card holders enrolled in the Membership Rewards program (this offer excludes American Express New Zealand Card holders).
 
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Mine is for 300 status credits for 100,000 points.
I wonder why the difference. I certainly don't need the extra, well over my requirements for maintaining platinum this year.

Transfer the equivalent of 100,000 Velocity Points or more from one of the participating partners below by 30 June 2014 and you’ll receive 300 Status Credits*.
 
Mine was 125 for 50,000 and I'm Silver. looks like a tiered offer.
 
Its a pretty expensive way to earn status credits. Given the earn rate on my amex would be cheaper to actually fly.

Just re-read the offer. Completely miss understood thought it was in exchange! It is just a bonus.
 
Its a pretty expensive way to earn status credits. Given the earn rate on my amex would be cheaper to actually fly.

What exactly is the cost if you are going to transfer points anyway? Even if you're not.. I don't see a cost..
 
I got the 300/100,000 offer. I'm plat with requal date looming and very little chance of retaining (although this would have made it worth the push, I just don't have the card to take advantage!)
 
What exactly is the cost if you are going to transfer points anyway? Even if you're not.. I don't see a cost..

Looks like a good offer if you plan to use those Velocity points.

I did not receive the offer but it would be useless to me as I am ~50 SCs short of Gold with a year end of early September.
 
I got the 300/100,000 offer. I'm plat with requal date looming and very little chance of retaining (although this would have made it worth the push, I just don't have the card to take advantage!)

Amex is offering 80,000 points if you sign up for a platinum card. Not sure if the timings would work though.
 
Amex is offering 80,000 points if you sign up for a platinum card. Not sure if the timings would work though.
Great suggestion, thanks rioter, but unfortunately I have the velocity Amex so not eligible for that one (new customers only).
 
I have since received the 75,000 points/200 SCs offer.
 
Great suggestion, thanks rioter, but unfortunately I have the velocity Amex so not eligible for that one (new customers only).

You will still probably receive the bonus points. IME AMEX does not enforce the "new customer" policy. I have applied for cards of the same family (e.g. holding Velocity Plat and applying for Velocity gold to get bonus points) and still received bonuses. I would apply anyway
 
Got the 100,000 / 300 offer. But only have 73,000
 
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My +1 got the 125 for 50,000 and he's Silver.
Not much use as he will just retain silver this year.
 
Another one for 50k points giving 125 SC...and a Silver here as well.

Not much interest to me as I (a) don't have the points to make the transfer, and (b) not interested in transferring that many points to Velocity anyway. So, the offer will lapse for me.
 
The Frequent Flyer Concierge team takes the hard work out of finding reward seat availability. Using their expert knowledge and specialised tools, they'll help you book a great trip that maximises the value for your points.

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Just to let the forum know......I got a 25000pt for 100 sc offer
so it seems it might start from 25000pts for 100 sc and rise from there
 
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