Velocity Transfer Bonus 1-25 October 2022

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From email received from Velocity:

Send your points soaring. Stay tuned and Velocity will be in touch in October to provide your transfer bonus from the following partners: Commonwealth Bank, Amex, ANZ, Citi, NAB, Westpac, St George, Bank SA, Bank of Melbourne, Diner Club, CardServices, HSBC, Suncorp, BOQ, Marriot Bonvoy, Accor, Choice, IHG, Shangri-La-Circle and Envirobank.
 
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i read it as “Stay tuned and Velocity will be in touch in October” meaning they will give more details in October
 
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i read it as “Stay tuned and Velocity will be in touch in October” meaning they will give more details in October
Good point, but surely they won’t dangle the carrot for that long. Would people even remember an email send a couple of months prior to a promotion?
 
i read it as “Stay tuned and Velocity will be in touch in October” meaning they will give more details in October

Pretty sure this means the transfer bonus will start in October. That's the usual MO with these offers. Just found last year's emails:

26th October 2021: "xx_X, something exciting is coming"
1st November 2021: "20% bonus velocity points*" (from 1st November)

So expect another email on Saturday or Monday confirming the rate and with the offer kicking off on that day.
 
If you search for "virgin australia bank transfer points bonus" you get "Velocity Transfer Bonus - Transfer your reward points from participating partners to Velocity between 1 October 2022 and 25 October 2022 and receive 15% bonus Velocity Points".
 
If you search for "virgin australia bank transfer points bonus" you get "Velocity Transfer Bonus - Transfer your reward points from participating partners to Velocity between 1 October 2022 and 25 October 2022 and receive 15% bonus Velocity Points".
 
Nice pickup. I can't see those details on the actual page, but it's in the meta tags if you look at the page source (that's what Google is picking up in the search results). Note that the different versions of the description have different start dates, but the second two both say *minimum* 15% so fingers crossed...

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i recall previous years some credit card companies matching or increasing the bonus, ANZ comes to mind, any others people can remember?
 
15% or 20% from Amex, depending on card

Terms and Conditions

To receive 15% bonus Velocity Points you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). A Member can redeem this bonus Points offer multiple times throughout the Promotion Period.

The following American Express Charge Cards are eligible for 20% bonus Velocity Points: Centurion Members, The Platinum Charge Card, Rewards Advantage Card and The Platinum Business Card. To receive 20% bonus Velocity Points, you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). The Primary Card Member must be enrolled in Premium Ascent Membership Rewards Program in order to receive the 20% bonus Velocity Points. A Card Member can redeem this bonus Points offer multiple times throughout the Promotion Period
 
The transfer homepage seems to have the programs divided into tiers, similar to the bonus that ran in May(?) of this year. Leads me to think that Citi etc. might get a higher bonus, then Amex and CommBank, then the rest.
 
From Amex webpage -

Bonus Velocity Points
To transfer Membership Rewards points to Velocity Points you must be enrolled in Membership Rewards Ascent, Gateway, Premium Ascent, Business Ascent, Corporate Ascent or David Jones Membership Rewards program (this offer excludes American Express New Zealand Card Members) and be a member of Velocity Frequent Flyer.

To receive 15% bonus Velocity Points you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). A Member can redeem this bonus Points offer multiple times throughout the Promotion Period.

The following American Express Charge Cards are eligible for 20% bonus Velocity Points: Centurion Members, The Platinum Charge Card, Rewards Advantage Card and The Platinum Business Card. To receive 20% bonus Velocity Points, you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). The Primary Card Member must be enrolled in Premium Ascent Membership Rewards Program in order to receive the 20% bonus Velocity Points. A Card Member can redeem this bonus Points offer multiple times throughout the Promotion Period.

 
Citibank sometimes does an additional bonus
this is what i'm hoping for!!! 240,000 points and would rather park in velocity until i need it than transfer direct to Kris, 20% bonus would incur a very small penalty in doing this which i would be willing considering the ability to keep points form expiring there.
 
this is what i'm hoping for!!! 240,000 points and would rather park in velocity until i need it than transfer direct to Kris, 20% bonus would incur a very small penalty in doing this which i would be willing considering the ability to keep points form expiring there.

You're in luck. You're getting 25% from Citi and a few others (BOQ, Diners, Suncorp), 20% from AMEX (Plat/Centurion) and ANZ and 15% from the rest: 15% bonus Velocity Points
 
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