The easy way to score bonus Velocity Frequent Flyer points this May

Velocity Frequent Flyer fans, hold onto your wallets because the points transfer promotion is back and rewards lovers have the chance to earn an extra 25% bonus points on top of their stash.

Aussies with participating credit cards have the chance to score bonus Velocity points when transferring their rewards points from their plastic to their Velocity Frequent Flyer account - though spenders with a pile of ANZ Rewards points can score a massive 50% bonus Velocity points.

In case you’ve forgotten Velocity points can be used for a range of things, like flights or flight upgrades, shopping at the Velocity Frequent Flyer rewards store, car hire and hotel accommodation.

Which rewards programs are eligible?

The good news is, heaps of the big credit card providers and banks are participating, so there’s a good chance you’ll be able to score extra Velocity points. Eligible cards and rewards programs include:

Amex Membership Rewards - Eligible cards include the American Express Velocity Escape and Velocity Platinum Card

- CommBank Awards - Eligible cards include the Commonwealth Bank Awards, Commonwealth Bank Diamond Award and the Commonwealth Bank Platinum Awards Card

- NAB Rewards - Eligible cards include the NAB Rewards Signature Card

- Westpac Altitude - Eligible cards include the Westpac Altitude Platinum and Westpac Altitude Black Card

- Citi Rewards - Eligible cards include the Citi Platinum card

- HSBC Rewards Plus - Eligible cards include the HSBC Platinum and HSBC Premier World Mastercard

- Suncorp Bank Rewards - Eligible cards include the Suncorp Clear Options Platinum and Suncorp Clear Options Gold Card

- Bank of Queensland - Eligible cards include the Bank of Queensland Platinum Visa and Bank of Queensland Blue Visa Card

One big exception not participating in the points biltz is the Amplify rewards program belonging to St. George, Bank SA and Bank of Melbourne.

How many bonus Velocity points will I be able to earn?

The number of bonus points you’ll be able to collect will depend on the amount of points you transfer as well as your bank or hotel rewards program. For most programs, transferring:

- 250,000 Velocity points will earn 15% bonus points

- 250,001 - 500,000 Velocity points will earn 20% bonus points

- 500,001 Velocity points will earn 25% bonus points

Those looking to transfer CommBank Awards points will receive 25% bonus points regardless of the transaction amount.

So if you’ve been sitting on a stash of rewards points and want to trade them in for Velocity Frequent Flyer points, now is the perfect time to do it - but move quick, as this promotion ends on May 31 2019.

Or, if you’re thinking of picking up some new plastic to accommodate your travel habits, head on over to our rewards credit card comparison tool or check out some offers below.

4 rewards credit card offers - last updated 21 May 2022

Search promoted rewards credit cards below or do a full Mozo database search. Advertiser disclosure
  • Qantas Ultimate Card
    Rewards program
    Annual fee
    Bonus points
    Earn rate per $1
    Qantas Frequent Flyer
    $450
    100,000
    1.25 points uncapped

    Receive 100,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. Offer available to new Card Members only. Receive $450 annual Qantas Travel Credit.

    Details
  • Apply By 30 Jun 2022
    Altitude Platinum
    Rewards program
    Annual fee
    Bonus points
    Earn rate per $1
    Qantas Frequent Flyer
    $200 $99 in the first year
    75,000
    0.5 points up to $100,000/year

    Earn up to 75,000 bonus Qantas Points ($4k min. spend in the first 90 days on eligible purchases). 0% p.a. for 24 months on balance transfers requested at card application. 1% BT fee applies. $49 First Year Annual fee and Rewards fee. New cards only. T&C's and exclusions apply.

    Details
  • Apply By 29 Jun 2022
    American Express Card
    Rewards program
    Annual fee
    Bonus points
    Earn rate per $1
    Qantas Frequent Flyer
    $99
    No current offer
    0.5 points uncapped

    Enjoy $200 back when you apply online by 29 June 2022, are approved and spend $1,500 outside David Jones on your new Card within the first 3 months. Available to new David Jones American Express Card Members only.

    Details
  • Qantas Premium Card
    Rewards program
    Annual fee
    Bonus points
    Earn rate per $1
    Qantas Frequent Flyer
    $249
    70,000
    1 point uncapped

    Receive 70,000 bonus Qantas Points when you apply online, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2021^.

    Details

^See information about the Mozo Experts Choice Credit Card Awards

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