It's back for May, Velocity Frequent Flyer's 15% transfer promotion.
Simply transfer points into Velocity from one of their partners to get a 15% point bonus.
Includes:
AMEX
Flybuys/Coles Mastercard
ANZ and ANZ Business Rewards
Westpac Altitude
St George Amplify
Bank of Melbourne Amplify
Bank SA Amplify
Suncorp
Diners Club
Commonwealth Bank
NAB
HSBC
Citibank
Bank SA
Bank of Queensland
Card Services
Appears that ANZ cards have a 35% bonus in addition to this 15% bonus for transfers in May.
Ends May 31st.
Bonus subject to a Maximum of 1 Billion Bonus Points total.
Terms & Conditions
velocity sell for 1 cent per point in the classifieds
based on this you get the same dollar value whether you transfer flybuys to coles vouchers or flybuys to velocity
only difference, one is cash and the other can only be used at coles etc