Manually Transfer Min. 100,000 Flybuys Points to Velocity Frequent Flyer, Get Bonus 2,000 Flybuys Points & 4,000 Velocity Points

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Ricktheroller on 19/07/2023 - 10:46 experience.flybuys.com.au (145 clicks)
Last edited 19/07/2023 - 11:17 by 1 other user

Noticed this hiding in my Flybuys account, I've been collecting points for a while but haven't been converting points to Velocity. Problem is all of the promos are for turning on auto transfer which would convert all of my Flybuys points to Velocity but this is finally a bonus for manual transfer. Not gigantic but better than nothing. I'm not sure if this is targeted or something that shows up if you have over 100, 000 points, or varying amounts based on your balance.

Score a bonus 2,000 Flybuys points and 4,000 Velocity Points*
When you manually transfer a minimum of 100,000 Flybuys points.

Grow your Velocity Points balance this July with our transfer bonus.

If you're sitting on a stash of Flybuys points, you can transfer them over to Velocity Points at any time - it's really easy to do it online. To make it even more rewarding, for this month only, score a bonus 2,000 Flybuys points and 4,000 Velocity Points when you manually transfer 100,000 Flybuys points or more to your linked Velocity account by Mon 31 Jul 2023, in one transaction.

T&Cs apply. Excludes Auto Transfer.
Terms and Conditions
*To qualify for this offer you must have a linked Velocity Frequent Flyer membership to your Flybuys account, and manually transfer a minimum of 100,000 Flybuys points to Velocity during the Promotion Period 12:01AM AEST Thu 6 Jul and 11:59PM AEST Mon 31 Jul 2023. This promotion does not apply to Velocity Auto Transfer. 2,000 Flybuys bonus points and 4,000 bonus Velocity Frequent Flyer Points will be credited to the linked Flybuys and Velocity account within 4 weeks after the Promotional Period end date. A maximum of 2,000 Flybuys bonus points and 4,000 bonus Velocity Points will be allocated only once and on your first transfer during the Promotion Period. Visit flybuys.com.au/transfer to manually transfer your Flybuys points. Once Flybuys points have been redeemed for Velocity Points they can't be returned to your Flybuys account. To earn and redeem Velocity Points you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the Member Terms and Conditions, as amended from time to time. See velocityfrequentflyer.com for full details. This offer has been sent to you by Flybuys. Flybuys' privacy policy applies. Standard Flybuys terms and conditions apply and are available at flybuys.com.au. 20048246

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  leiiv on 19/07/2023 - 10:52

  Can Velocity points be transferred out to something else?

  • 

    Ricktheroller on 19/07/2023 - 10:56

    +1

    You can buy gift vouchers or products from online stores, the usual frequent flyer point purchases, but not recommended as it's terrible value. You really should be converting to Velocity with the intention or purchasing reward seats on flights.

    • 

      leiiv on 19/07/2023 - 11:19

      Of course, but it's just that there may not be a good reward seats available.

      • 

        grasstown on 19/07/2023 - 11:24

        +1

        If you aren’t using for flights, I think coles $ are better.

        Qantas hotels have good deals but velocity hotels are poor value

      • 

        Ricktheroller on 19/07/2023 - 11:27

        I've booked a number of flights recently (domestic travel) and found quite good reward seat availability when Qantas has had none, even booking closer to the departure date. With that said always better to book as far in advance as possible for a better chance.

  • 

    skwashd on 19/07/2023 - 12:12

    +1

    You can transfer to Singapore Airlines KrisFlyer at 1.55:1. It's not as good as redeeming directly with Virgin, but there's often better redemption options when booking direct with Singapore Airlines.

    I recently burned ~290k velocity points to fly from Melbourne to India in business with a few days in Singapore on the way over. To pay for the flights it would've cost me ~$7.5k. At around 2.6c per Velocity point, it was decent value.

    If on the other hand you want a cheap flight from Sydney to Melbourne, that will cost you around 16k FlyBuys points and a bit less than $40 in taxes and charges. Once you convert your FlyBuys magic beans, it works out at around 2c per Velocity point. That's is considered about average market value.

    • 

      1bargain on 19/07/2023 - 20:07

      Have u ever looked at redemption during school holidays? Want to transfer to KrisFlyer for travel to Asia but it needs to be during school holidays.

• 

  zzyss on 19/07/2023 - 11:49

  +1

  The offer I have in my account is manual transfer min. 10k FB points and get 500 bonus FB points and 1K bonus Velocity points. In terms of benefit it's better bang for buck, but the overall quantity is obviously much smaller.

  FWIW 10k FB points is equivalent to $60 in cold hard cash redeemed at Coles Group stores.

  Redeeming for a flight, one flight I looked up costs 18k Velocity points for a flight that's valued at $202 (SYD-ADL Economy). So for 6k points (5k + 1k bonus) is worth about $67 towards the flight (keeping in mind you'd have to make up the balance of points, otherwise points + pay costs more in actual cash) and another $2.50 value back in FB points, so about $9.50 overall benefit. Sound about right?

  • 

    nightelves on 19/07/2023 - 12:15

    Think Velocity has started implementing dynamic awards now which may factor in your calculations.

    • 

      Ricktheroller on 19/07/2023 - 12:43

      For better or worse, I figure worse as it used to be a flat rate to redeem a flight at any time of the day now the regular rate only seems to be achievable for red eye flights. Business flights can be ridiculously priced for rewards seats at more favourable flight times.

    • 

      zzyss on 19/07/2023 - 13:28

      Fair enough, thanks. Sounds firmly like a YMMV (literally) situation :-)

  • 

    knobbs on 19/07/2023 - 13:54

    How do you get 10k FB is worth $60? Every 2000 FB points you convert to $10 at checkout

    • 

      zzyss on 19/07/2023 - 14:01

      +1

      Oops, sorry mea culpa should be $50 not $60. I was looking at my points balance which was 12k / $60. I'm unable to fix my original comment 'coz it's been replied to.

      • 

        knobbs on 19/07/2023 - 14:02

        Dam, worst response ever. Thought I was gonna learn how to make an extra 20%

        • 

          zzyss on 19/07/2023 - 15:01

          @knobbs: Haha, if only :-)

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  Katz77 on 19/07/2023 - 12:28

  I have 500,000 points.. Still cant decide what to buy.

• 

  erd on 19/07/2023 - 13:20

  +1

  Flybuys has been awful at issuing these bonus points from promotions this year. Very difficult to follow up if they don't arive as well, they keep bouncing you in between Velocity and Flybuys until you give up.