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Up To 30% Bonus Velocity Points On Partner Transfers In May 2022

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Tom Goward | 03/05/2022

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Your next holiday could be a transfer away thanks to Velocity Frequent Flyer’s latest program partner offer. The bonus promotion is delivering up to 30% bonus Velocity Points on transfers to the frequent flyer scheme, between 1 May 2022 and 31 May 2022.

To score up to 30% bonus Velocity Points, simply transfer to your Velocity account from one of the participating partners below. It’s that easy!

30% bonus Velocity Points on transfers with:

  • Citi Rewards
  • CardServices
  • Bank of Queensland
  • Diners Club
  • Suncorp

20% bonus Velocity Points on transfers with:

  • American Express Membership Rewards (select cards)
  • ANZ Rewards
  • ANZ Business Rewards

15% bonus Velocity Points on transfers with:

  • American Express Membership Rewards
  • NAB Rewards
  • Westpac Altitude Rewards
  • St.George Amplify Rewards
  • BankSA Amplify Rewards
  • Bank of Melbourne Amplify Rewards
  • HSBC
  • IHG One Rewards
  • Accor Live Limitless
  • Choice Privileges
  • Marriott Bonvoy
  • Shangri-La Circle
  • Envirobank

Up to 10% bonus Velocity Points on transfers with Flybuys

Score a bonus of 10% when you turn on Flybuys Auto Transfer for the first time and transfer at least 1,000 Flybuys points to your Velocity account.

Manual transfers will earn a 5% Velocity Points bonus for the first transfer of at least 1,000 Flybuys points during the campaign period.

Should I Transfer Points?

The Flight Hacks team is a huge fan of Velocity’s regular transfer bonus promotions, as it’s a great way to make flexible reward points stretch even further. These offers are especially advantageous to anyone sitting on a stash of bank or hotel program points, who can now cash in on an improved transfer rate. Velocity’s previous transfer bonus was only months prior in November 2021, gifting members a Velocity Point boost of 20-30% on credit card transfers.

Typically I see bonus points credit at the same time as the main transfer, meaning you won’t necessarily need to wait around if you have a specific redemption in mind.

Transfer Bonus Unlocks Cheap Partner Airline Redemptions

Virgin Australia is partnered with some of the world’s best international airlines, that also offer Velocity redemptions onboard their fantastic premium cabins. Etihad, Virgin Atlantic, Air Canada and Singapore Airlines are just a few of the top-notch carriers that allow bookings to be made using Velocity Points. Clearly, any bonus promotion offers up even cheaper redemptions, allowing anyone in the know to experience these airlines at a fraction of the ticket price. Let’s take a closer look…

With Singapore Airlines as an example, say you want to fly from Melbourne to Bangkok in Business class. That’s a flight that sees a typical cash price above AU$3,000 but can be booked using Singapore Airlines’ KrisFlyer loyalty program for 62,000 KrisFlyer Miles plus AU$112 in taxes. To make the redemption happen via Virgin Australia, you’ll be looking at 65,000 Velocity Points plus the same AU$112 in taxes.

That’s a pretty sweet deal even without a bonus offer. But, using the current promotion, you’d need even less flexible reward points to get to Bangkok in style. At the standard 2:1 transfer ratio, you would need 130,000 ANZ Reward Points to make such a redemption, as this would transfer to become 65,000 Velocity Points. But with a 20% transfer bonus, you’d need to send just 93,000 ANZ Reward Points, converting to 46,500 Velocity Points plus a bonus of 18,600 Velocity Points. All up, you would now receive 65,100 Velocity Points – perfect for that Singapore Airlines Business class trip from Melbourne to Bangkok.

The best part is that you can cash in on this discount for travel with any of Virgin Australia’s partner airlines, and for transfers from any bonus transfer partner! Time to get booking…

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Tom Goward

Senior Editor and Chief AvGeek at Flight Hacks

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