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

Ceyda Erem

02 May 2019

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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 Signature, the Citi Platinum and Citi Signature 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

  • Promoted

    Westpac Altitude Platinum

    Earn 60,000 bonus Qantas Points when you spend $3,000 on eligible purchases with a new Altitude Platinum credit card within 90 days of card approval. 0% p.a. for 18 months on balance transfers requested at card application. Plus, discounted annual card fee of $99 for the first year. Offer ends November 11th 2020.

    Qantas Frequent Flyer

    $200 $99 in the first year

    60,000

    0.5 points uncapped

    • -

    • 20.49% p.a.

    • 0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)

    • 21.49% p.a.

    • 45

    • 3.00%

    • $15.00

    • 0.5 points per dollar on Mastercard, uncapped

    • Never

    • 60,000

    • 8,000 points

    • 110,400 points

    • 18,690 points

    • • Travel

      • Insurance

      • Extended

      • Warranty

      • Purchase

      • Protection

    Read our Mozo Review to learn more about the Altitude Platinum

    Details Close

  • Promoted

    St.George Amplify Platinum

    Earn 60,000 bonus Qantas Points when you spend $2,000 on eligible purchases within 90 days of card approval. New cards only, Eligibility criteria and T&Cs apply. Offer ends September 30th 2020.

    Qantas Frequent Flyer

    $99

    60,000

    0.5 points uncapped

    • -

    • 19.74% p.a.

    • 0% p.a. for 6 months and then 19.74% p.a.

    • 21.49% p.a.

    • 55

    • 3.00%

    • $15.00

    • 0.5 points per dollar on Visa, uncapped

    • Never

    • 60,000

    • 8,000 points

    • 110,400 points

    • 18,690 points

    • • Travel Insurance

      • Extended Warranty

      • Purchase Protection

    Read our Mozo Review to learn more about the Amplify Platinum

    Details Close

  • Promoted

    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. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2019.^ T&C’s apply.

    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

    • 18,690 points

    • • Purchase Protection

      • Account alerts by SMS

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

    Details Close

  • Promoted

    NAB Qantas Rewards Premium Card

    30,000 bonus Qantas Points when you spend $2,500 within 60 days (T&Cs apply).

    Qantas Frequent Flyer

    $250

    30,000

    0.66 points up to $3,000/month, then
    0.33 points up to $6,000/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

    • 0.66 points per dollar on Visa, up to $3,000 per month, then
      0.33 points per dollar on Visa, up to $6,000 per month

    • Never

    • 30,000

    • 8,000 points

    • 110,400 points

    • 18,690 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 Premium Card

    Details Close

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