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Velocity 15% Bonus on Points from Credit Card!

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Velocity 15% Bonus on Points from Credit Card!
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PLANT on 19/09/2012 - 13:52 velocityrewards.com.au (257 clicks)

If you have a credit card that earns rewards points, now is a great time to redeem them for Velocity Points.

From 18 September until 31 October 2012, you will receive 15% bonus Velocity Points when you transfer your credit or charge card points from participating partners to your Velocity Account*.
Our participating partners:
With Virgin Australia and our airline partners, you can then redeem your Points for flights to over 500 destinations, starting from as little as 6,900 Points plus Pay.

Plus, every Velocity Point you earn or transfer with any of our partners before 30 September 2012 will receive an automatic entry into the draw to win 1 of three major prizes, including flights, accommodation, Velocity Points and 50 runners up prizes^. Find out more.
With 15% bonus Points, the best Reward Seat availability in the Australasia region~ and amazing prizes on offer, there has never been a better time to transfer. Transfer now.

Yours sincerely,

Phil Gunter
General Manager, Velocity Frequent Flyer

Travel

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closed Comments

  • BlueMM on 19/09/2012 - 14:32
    +1

    Last time I was offered this, I worked out the value (eg. buying giftcards) would be 25% when compared to keeping the points with ANZ rewards (ie. I could buy $400 of giftcards with X amount of points, converted to Velocity with the bonus only got me around $100) :-(

  • Maxxjet on 19/09/2012 - 14:36

    No offence to OP

    and they are really slow when sending out gift cards and their supplier sucks. I oerderd a $100 officeworks giftcard and waited the full 14 working days in vein and only until I called they I was told they run out of stock ??? They don't care to give you a courtesy call to check if you are happy to keep waiting or change to something else.

    At this 15% jack-up, no deal for me.

  • blackwalnut on 19/09/2012 - 14:53
    +2

    It's actually a good deal, if you want the Frequent Flyer miles with Virgin. If you are after giftcards then this isn't for you. But if you have points elsewhere that can be transferred then you won't get a better deal than 15% bonus. Velocity is one of the best reward programs around for flying, if you do the research.

  • damion on 19/09/2012 - 14:55

    This is the second time this year they've offered a 15% bonus.
    October last year they offered 20%.

  • afu on 19/09/2012 - 15:06
    +1

    citibank not on their list. I remember I contact both Velocity and Citi Bank. No deal for me again.

  • user27 on 19/09/2012 - 15:32

    Cant these Virgin points be transferred on to Singapore Airlines 1 for 1?

  • delfredo on 19/09/2012 - 15:42
    +2

    15% bonus is a good deal but make sure it is right for you based on your redemption preferences. I previously transferred Amex points to Velocity with 25% bonus and now regret not being able to redeem for other airline points through Amex's sweet convertion ratios (eg. 1:1 for Singapore Airlines and Malaysia Airlines). Less points are required when redeeming for SIA seats on Krisflyer program than on Velocity Rewards program. 15% is insufficient to cover the shortfall. Definitely a deal for Virgin Australia frequent flyers nonetheless.

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