VA has 15% bonus on points transfer until May 31st

[AnnaB]

Thought I would spread the word (if you have missed it), that Virgin has an offer going at the moment.
Transfer your points to Velocity and receive a 15% bonus. Participating partners include Amex, ANZ, City, Diners etc.

Personally I will need my ANZ points with SQ, but by transferring via VA, I get more points than if I were to transfer them directly to SQ, even if they dont have an offer going.

http://www.velocityfrequentflyer.com/transfers/index.htm?icmpid_VFF_MyAct_Indirect

 

[travelislife]

Yep a great deal! Have just transferred my ANZ points. They are like clockwork with these bonuses which is great.

 

[AnnaB]

Yep a great deal! Have just transferred my ANZ points. They are like clockwork with these bonuses which is great.

I am just annoyed I haven't received my 75,000 bonus points yet!! Would be a welcome bonus

 

[travelislife]

I am just annoyed I haven't received my 75,000 bonus points yet!! Would be a welcome bonus

Yeah I have had mine come through already, was banking on being able to get another 15% out of it as otherwise would have gone the Qantas deal.

 

[RooFlyer]

Thought I would spread the word (if you have missed it), that Virgin has an offer going at the moment.
Transfer your points to Velocity and receive a 15% bonus. Participating partners include Amex, ANZ, City, Diners etc.

Personally I will need my ANZ points with SQ, but by transferring via VA, I get more points than if I were to transfer them directly to SQ, even if they dont have an offer going.

http://www.velocityfrequentflyer.com/transfers/index.htm?icmpid_VFF_MyAct_Indirect

Just a query re transferring to SQ. I don't have an ANZ card, so don't know their conversion rates to Velocity or SQ, but does the 15% bonus on ANZ to Velocity outweigh the Velocity to SQ, 1.35 ratio loss?

 

[thegeekinasuit]

Just a query re transferring to SQ. I don't have an ANZ card, so don't know their conversion rates to Velocity or SQ, but does the 15% bonus on ANZ to Velocity outweigh the Velocity to SQ, 1.35 ratio loss?

It is actually more beneficial to do that way even without the 15% bonus.

 

[RooFlyer]

Because ANZ to Velocity is better than 1.35:1?

 

[travelislife]

ANZ Rewards to VA: 2:1
ANZ Rewards to SQ: 3:1
ANZ Rewards to VA: 2:1.15 (during bonus promotion)
VA to SQ: 1.35:1

Hence ANZ Rewards to SQ (through VA): 2.33:1.0 during promotion and 2.70:1.0 normally.

So definitely always better going ANZ>VA>SQ than direct ANZ>SQ.

 

[RooFlyer]

Thanks ... I understand now. Hadn't counted on the 2:1 / 3:1 ANZ to other program ratios .. I'm looking at transferring from AMEX which is 1:1 for both VA and SQ, hence direct transfer to SQ better.

 

[travelislife]

And at the end of the day somehow I am still one of the lucky ones earning 2 ANZ rewards points per $ on the Visa card. So $1:1.15 velocity on Visa and $1:1.72 on Amex.

 

[Hammando]

ANZ offering an additional bonus on transfers to Velocity according to Points Hack.

http://www.pointhacks.com.au/anz-rewards-velocity-bonus/

 

[travelislife]

ANZ offering an additional bonus on transfers to Velocity according to Points Hack.

http://www.pointhacks.com.au/anz-rewards-velocity-bonus/

Interesting and bugger! I just transferred 95000 yesterday manually not auto redemption!

 

[Danger UXB]

Interesting and bugger! I just transferred 95000 yesterday manually not auto redemption!

Some comments on pointshack that you may well get the 15% ANZ bonus. Comment said bonus will be posted in a few days, please keep us updated

 

[travelislife]

Some comments on pointshack that you may well get the 15% ANZ bonus. Comment said bonus will be posted in a few days, please keep us updated

Okay, interesting. Will keep an eye on it over the next few days and see if it gets another 15% credited.

 

[lovetravellingoz]

Some comments on pointshack that you may well get the 15% ANZ bonus. Comment said bonus will be posted in a few days, please keep us updated

The ANZ T&C state that he will.

-15% extra "Boost Offer" for all May Transfers See 1/
- 15% Velocity Offer See 2/
- 5% extra " Austo Redemption Offer" if you opt for Austo redemption See 3/


So if you transfer in May, 30% is the minimum. 35% if you do via Austoredemption.

 

[AnnaB]

I did a straight transfer yesterday just to try it out and only got the 15%, not the boost you mention.... Will try an auto redemption and see what happens

Processed Date	Activity Date	Description	Status Credits	Velocity Points
Base	Bonus	Total
05 May 16	03 May 16	VELOCITY TRANSFER from ANZ REWARDS CARD (EXP)	0	1,000	0	1,000
05 May 16	03 May 16	2016 May 15% ANZ Rewards Bonus	0	0	150	150

 

[travelislife]

Here is the link on the ANZ site: https://anzrewards.com/public/info.aspx?name=velocity

What is strange is the multiples of 2 thing in the terms and conditions. I transferred 98,384 ANZ rewards points so should satisfy that condition! Have received the 49,192 plus 7,379 bonus points in my VFF account already. So hopefully another 7,379 show up!

 

[slinkyap]

That extra 20% (ANZ + auto-redemption) can easily help offset the 1.35 rate when converting to Krisflyer too. Definitely worth looking into.

 

[kamchatsky]

Amazing offer from ANZ. with the 35% Velocity bonus, and the 1.35: 1 ratio, it is like 2 ANZ Rewards to 1 Krisflyer. Much better than the straight transfer.

I will definitely do auto redemption for this month, to transfer all the 75K bonus points across ....

 

[mark4217]

Does anyone know where ANZ have formally posted the additional 20% offer apart from the leak to PointsHack. I'd hate to transfer and miss out on the 20% offer .