If you want to earn free flights, one of the best uses of Flybuys points is to transfer your points to Velocity Frequent Flyer. You can convert Flybuys points to Velocity points in increments of 2,000 points. Then, you can redeem your Velocity Frequent Flyer points for flights on Virgin Australia and its partner airlines, as well as upgrades on Virgin flights.
The normal conversion rate is 2,000 Flybuys points = 870 Velocity points. But, you can earn even more Velocity points by waiting for a bonus offer. These offers come around so frequently that it’s almost always worth waiting.
There are a few different types of deals that may apply to Flybuys transfers to Velocity. The most common type of offer is 15% bonus points on the entire transfer, although the amount can vary and it’s possible to get up to a 20% bonus. Some of the offers are a bit more creative, and in the past we have also seen competitions where transferring 2,000 Flybuys points earns you one entry.
With 15% bonus Velocity points, you’re effectively earning 1,000 Velocity points for every 2,000 Flybuys points (so there is a 2:1 conversion rate, rather than the usual 1:0.435 ratio).
Keep in mind that you may only transfer a maximum of 138,000 Flybuys points to Velocity Frequent Flyer each calendar year, which is equivalent to 60,030 Velocity points (before bonuses). There have been limited exceptions in the past where Flybuys has temporarily waived this limit during special promotions.
Current offer on Flybuys transfers to Velocity
The current promotion is for 15% bonus Velocity points on all Flybuys points transferred. This “flash offer” began on 18 February and ends on 25 February 2020.
This offer is being discussed on the Australian Frequent Flyer forum: Flash flybuys to velocity bonus
How to transfer Flybuys points to Velocity
You can transfer Flybuys points to Velocity Frequent Flyer on the Flybuys website.
You’ll need to be in Australia to redeem your Flybuys points. If you haven’t already done so, you’ll also need to link your Flybuys account to your Velocity account online.
Previous bonus Velocity point offers
To give you an idea of what to expect, here is a list of recent previous bonus point offers on Flybuys transfers to Velocity Frequent Flyer:
- 18-25 February 2020: 15% bonus points
- 23 January – 14 February 2020: “New Year” competition – transfer Flybuys points for a chance to win 2,020,020 Velocity points
- 1-30 November 2019: 15% bonus points
- 14-31 October 2019: Shop with 1, 2 or 3 participating Flybuys partners to bag 100, 150 or 200 bonus Velocity points per transfer
- 3 September – 13 October 2019: “Points Millionaire” competition – transfer Flybuys points for the chance to win 1 million Velocity points
- 27-30 June 2019: 15% bonus points
- 1 May – 9 June 2019: 15% bonus points
- 1-30 April 2019: Transfer at least 2,000 Flybuys points and earn 5x Flybuys points on a Coles shop
- 1-31 March 2019: 10% bonus points
- 16-28 February 2019: 15% bonus points
- 17 January – 15 February 2019: Win a share of 10 million points (this ended up being 98 Velocity points per 2,000 Flybuys points transferred)
- 27-29 December 2018: 15% bonus points