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

Ceyda Erem

02 May 2019

redactor/hero-images/756/Velocity-bonus-offer_content.jpg

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

Rates updated daily. Advertiser disclosure.

  • American Express Qantas Discovery Card

    Receive up to 1.75 Qantas Points for every $1 spent on Card purchases (T&Cs apply). No annual fee for the life of the card. T&C’s apply. Mozo Experts Choice Qantas Frequent Flyer Credit Card Winner 2020.

    Qantas Frequent Flyer

    $0

    No current offer

    0.75 points uncapped

    • -

    • 20.74% p.a.

    • No current offer

    • 44

    • 3.00%

    • $30.00

    • 0.75 points per dollar on Amex, uncapped

    • Never

    • No current offer

    • 8,000 points

    • 110,400 points

    • 18,770 points

    • • Purchase Protection

      • Account alerts by SMS

    Read our Mozo Review to learn more about the Qantas Discovery Card

    Details Close

  • Apply By 05 April 2021

    American Express Qantas Ultimate Card

    Receive 100,000 bonus Qantas Points when you apply online by 5 April 2021, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only. Mozo Experts Choice Qantas Frequent Flyer Premium Credit Card Winner 2020^. T&C’s apply

    Qantas Frequent Flyer

    $450

    100,000

    1.25 points uncapped

    • -

    • 20.74% p.a.

    • No current offer

    • 44

    • 3.00%

    • $30.00

    • 1.25 points per dollar on Amex, uncapped

    • Never

    • 100,000

    • 8,000 points

    • 110,400 points

    • 18,770 points

    • • Travel Insurance

      • Purchase Protection

      • Account alerts by SMS

    Read our Mozo Review to learn more about the Qantas Ultimate Card

    Details Close

  • NAB Qantas Rewards Signature Card

    NABs fastest way to earn Qantas Points. 110,000 bonus Qantas Points when you spend $3,000 on everyday purchases within 60 days of account opening and keep the card open for 12 months. 7 complimentary insurances when you meet eligibility criteria including Overseas Travel Insurance.

    Qantas Frequent Flyer

    $395 $295 in the first year

    110,000

    1 point up to $5,000/month, then
    0.5 points up to $20,000/month

    • -

    • 19.99% p.a.

    • 0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

    • 21.74% p.a.

    • 44

    • 3.00%

    • $15.00

    • 1 point per dollar on Visa, up to $5,000 per month, then
      0.5 points per dollar on Visa, up to $20,000 per month

    • Never

    • 110,000

    • 8,000 points

    • 110,400 points

    • 18,770 points

    • • Concierge

      • Travel Insurance

      • Extended Warranty

      • Purchase Protection

      • Guaranteed Pricing

      • Domestic Hotel Burglary Insurance

    Read our Mozo Review to learn more about the Qantas Rewards Signature Card

    Details Close

  • NAB Rewards Signature Card

    Earn 90,000 Bonus Points then an additional 30,000 when you keep your card open for 1 year (Minimum $3,000 spend in first 60 days). Up to 44 days interest free on purchases (see T&Cs).

    NAB Rewards

    $295

    120,000

    1.25 points uncapped

    • -

    • 19.99% p.a.

    • 0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

    • 21.74% p.a.

    • 44

    • 3.00%

    • $15.00

    • 1.25 points per dollar on Visa, uncapped

    • Never

    • 120,000

    • 15,600 points

    • 239,200 points

    • 19,240 points

    • • Concierge

      • Travel Insurance

      • Extended Warranty

      • Purchase Protection

      • Guaranteed Pricing

      • Domestic Hotel Burglary Insurance

    Read our Mozo Review to learn more about the Rewards Signature Card

    Details Close

^See information about the Mozo Experts Choice Credit cards Awards