This was posted 5 years 9 months 11 days ago, and might be an out-dated deal.

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BUPA Health Insurance - up to 120,000 Velocity Points (Couple/Family) or 60,000 Velocity Points (Single) - New Customers Only

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BUPA Health Insurance - up to 120,000 Velocity Points (Couple/Family) or 60,000 Velocity Points (Single) - New Customers Only
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Lfirestint on 15/03/2019 - 23:50 bupa.com.au (1720 clicks)
Last edited 16/03/2019 - 07:08

1st deal post, please edit if anything incorrect. :)

Looks like Bupa has increased the bonus Velocity Points given;
1. Couples / Families / Single Parents - Get up to 120,000 Velocity Points in 2 installments
2. Singles - Get up to 60,000 Velocity Points in 2 installments

But with a catch (they have become smarter);
1. You need to be paying by direct debit / payroll deduction
2. Points come in 2 installments - at month 3 and month 12 so you need to work out if the total costs outweigh the value of the points

Full T&CS here (note they specifically call out this deal does not work if you join through a price comparison site);
1 Offer available for Velocity members who are new to Bupa, join with a selected health insurance policy from 9 March 2019 to 30 June 2019, agree to pay premiums by direct debit or payroll deduction (if available), and provide their Velocity Member number on sign-up. Australian residents only. A selected health insurance policy is a single, couple or family, family plus, single parent, single parent plus Hospital only or combined Hospital and Extras product issued by Bupa (exclusions apply). Velocity Points will be issued in 2 instalments over a 12-month period, with the first instalment arriving in month 3 after the date you took out your Bupa cover and the second instalment arriving in month 12 after the date you took out your Bupa cover. Different Points earn rates apply to NT residents: up to 80,000 Points for families and couples or up to 40,000 Points for singles. Offer not available with any other Bupa promotional join offer and is not available if you join through a price comparison site (including Compare The Market and Health Insurance Comparison). Bupa health insurance policy product names are subject to change, as a result of industry reforms which have effect from 1 April 2019, however the allocation of Velocity Points will not be affected during this promotion.

Referral Links

Referral: random (282)

Referrer gets $100 Prezzee e-gift card. Refer a Colleague program only eligible at a participating Bupa Health Insurance Retail Store nationally and/or Australia Sales and Customer Service support line. Quote member number from the referral system.

Health & Beauty Frequent Flyer Health Insurance Insurance Reward Points Velocity Frequent Flyer

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closed Comments

  • mxlmxlmxl on 16/03/2019 - 00:03
    +11

    I really, really detest companies that do this. Loyal customers of 10 years get jack. Time to leave them I guess.

    • Pricebeat on 16/03/2019 - 00:07

      Their Royal customers (commission) are coming after them (hopefully)

      https://mobile.abc.net.au/news/2019-03-12/maggots-found-in-r…

    • runamuck on 16/03/2019 - 00:19
      +5

      Are you really loyal or just too lazy to switch or you think Bupa has the better cover that's why you stayed? Just because you stayed for x years does not make you loyal. I stayed with x company for 25 years and i dont get benefits that doesnt mean im loyal, its just that they are the cheapest.

      • mxlmxlmxl on 16/03/2019 - 08:55
        +1

        Loyal.

        I check pricing every year, and I willingly pay more to Bupa because I had believed they were better, cared more, larger network, better service. All the reasons anyone becomes loyal to a brand. I could of moved to cheaper options each year.

        Loyalty needs to be rewarded. In most businesses it used to be. But insurance, telco etc have all changed to focus purely on acquisition. So previously loyal customers like me, decide to move now.

        • firestint on 16/03/2019 - 09:53

          It really doesn't pay to be loyal especially when it comes to Australia health insurance. If there was one company that does loyalty program like Qantas FF, it would be game changing.

        • dsar on 16/03/2019 - 09:55

          better, cared more, larger network, better service

          As long as you aren't in aged care,
          https://www.abc.net.au/news/2019-03-12/maggots-found-in-resi…

    • ely on 16/03/2019 - 08:52
      +2

      Leave and immediately come back, you'll be rewarded :)

    • matyd on 16/03/2019 - 19:29
      +1

      All the same mate. Play the game, chop and change

  • enveloped on 16/03/2019 - 00:10

    Should add 𝑖𝑛𝑠𝑢𝑟𝑎𝑛𝑐𝑒 tag like this https://www.ozbargain.com.au/node/440746

    • firestint on 16/03/2019 - 07:08

      Done, thanks sir!

  • Ginger1 on 16/03/2019 - 00:14
    1. You need to be paying by direct debit / payroll deduction
    2. Points come in 2 installments - at month 3 and month 12 so you need to work out if the total costs outweigh the value of the points

    Hahaha no thanx.

    My experience with them wasn't that great especially 'customer service'. I cancelled my policy. OMG that process was hard they tried every trick to entice me back.

  • Froot Loops on 16/03/2019 - 00:19
    -1

    What is 60,000 points worth? I have issues understand this. Where could I fly with these points? Uk?

    • BruceJack on 16/03/2019 - 00:55

      In general, 100 FF points = $1, so valued at $600 (but since it's virgin the actual value may be closer to $400-500)

      • ely on 16/03/2019 - 08:54

        Depends how you value them; Virgin has far lower "taxes", and has useful routes for me, so for me they have higher value than Qantas. Qantas has a better network on which you can use the points, but most of them charge eyewateringly high taxes - so much so that you can often literally book a low cost carrier flight for less than the "taxes" without using any points at all…

    • odysseus on 16/03/2019 - 02:44

      Enough for a return economy flight Sydney to Hong Kong.

      • [Deactivated] on 16/03/2019 - 13:08

        And the tax is enough for a discount ticket.

        • odysseus on 17/03/2019 - 17:20

          Really? Yet so see a $160 return flight to Hong Kong. You should have posted it as that would be quite a bargain.

  • ozzieozzieozzie on 16/03/2019 - 06:49

    Hmm, could I cancel my current Bupa policy then rejoin as a "new customer"?

    • profeeder55 on 16/03/2019 - 10:14

      Was thinking the same thing here

      • [Deactivated] on 16/03/2019 - 13:08

        No. You will get hit with tax and gotta serve the wait period. Best is to churn to another provider and back.

    • starburstyellow on 02/04/2019 - 01:58

      Ive called before. They advise that they could create a new customer # etc however will need to serve the waiting period. I told them to bugger off as that didnt make any sense, considering I didnt leave and they have all details!!!

    • markathome on 16/03/2019 - 08:24
      +1

      Looking through it - this CUA deal actually seems like a better deal than the original post. Though one point of care is that CUA Health classifies Ambulance under Extras not Hospital cover unlike many other providers.^^

      That said, I am more concerned by BUPA's Ambulance policy which unlike many other providers (Medibank, AHM, nib, etc.) is not unlimited. So if you're unfortunate to need an ambulance twice in a year BUPA couldn't give a damn about you.^

      ^ Not the case for some of the higher level policies - but chances are you're not buying one of those.
      ^^ Be especially careful as a closer reading suggests therefore a 50% extra policy will only cover 50% of your ambulance.

    • ely on 16/03/2019 - 08:56
      +1

      Members who terminate their policy or downgrade to a hospital only or extras only cover within 60 days of commencing your policy cover will not be eligible for an eGift Card. In addition, if you make any other changes to your policy, then the gross annual premium for the purpose of determining your eGift Card eligibility will be the applicable premium 60 days from when your policy cover commences.

      So if you're feeling cheap, get the minimum eligible cover, then upgrade just before the 60 days deadline…

      Difficult to find out exactly what the gift card is for though.

    • firestint on 16/03/2019 - 09:49
      +1

      Reading the full T&Cs, this is only a deal if your gross annual premium is high enough.

      Tier Gross Annual Premium Gift Card
      Tier 1 Premiums up to $1250 $0
      Tier 2 Between $1251 – 1670 $150
      Tier 3 Between $1671 - $2200 $200
      Tier 4 Between $2201 – $2500 $250
      Tier 5 Between $2501 - $3500 $300
      Tier 6 Between $3501 - 4170 $400
      Tier 7 Above $4,170 $500

      Taking the minimum gross annual premium for each tier, you're essentially getting 1.38 - 1.44 month free (I did the calculation in Excel).

      https://www.cua.com.au/health-insurance/terms-and-conditions…

  • suchis on 16/03/2019 - 07:28
    +1

    If bupa ‘insurance’ is anything like their nursing homes I think u can safely give them a wide berth

    https://www.google.com.au/amp/amp.abc.net.au/article/1089324…

  • SmiTTy on 16/03/2019 - 07:42

    Sucks that you can't prepay for the year to lock in a better rate

    • kulprit on 16/03/2019 - 07:46
      +3

      You are never locking in a better rate, just delaying a price rise. So the only time you actually make a net saving is when you cancel the policy or die.

  • firexbug on 16/03/2019 - 08:55

    Can I sign up for 3 months, get half the points and cancel the plan?

    • firestint on 16/03/2019 - 09:44

      Probably yes, although they did not specify if the 2 installments are of equal amount.

  • Wombatt on 16/03/2019 - 09:48

    Does anyone know if you were previously a bupa customer can you still get this deal?

  • Wombatt on 16/03/2019 - 09:50

    note they specifically call out this deal does not work if you join through a price comparison site.

    So does that work with cashback?

  • oranje on 16/03/2019 - 12:10

    Do you think this applies to corporate plans?

    • StuBargainHunter on 16/03/2019 - 14:43

      No - this didn't show up in my corporate portal so had to use the public site.
      Signed up for the couples growing family (61k bonus points) which was similar to my existing premiums.

  • LoungeLizard on 16/03/2019 - 14:28
    +2

    Note that it's "up to" 60,000/120,000 points. To get that you need ultimate cover = $$$. For lower end plans not really worth the hassle the switch.

    Full T&C's https://www.bupa.com.au/staticfiles/BupaP3/Health%20insuranc…

    • mattythecapybara on 28/03/2019 - 23:39

      Yeah if you're on a more basic cover expect 10k-20k.

  • ChurchMouth on 21/03/2019 - 14:09

    I can't even find the singles plan which grants 60,000.

    • ChurchMouth on 21/03/2019 - 14:12

      Found ultimate.. nvm

  • [Deactivated] on 17/04/2019 - 18:31

    I think the 9saver deal is much more accessible than this. 6 weeks free, gift card, 2 and 6 month waiting periods waived

  • whirlpool_guy on 19/04/2019 - 15:55

    I'm after extras only - Sad to see none of these promotions (Bupa or other insurers) apply to extras only :(

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