Transfer To Velocity For 10-20% Bonus Points
Boost your balance with the latest Velocity transfer bonus offer
Velocity Frequent Flyer regularly runs transfer bonus promotions, giving you more Velocity Points when you transfer from bank and retail partners. These offers are a good opportunity to extract better value from your flexible rewards points, especially if your Velocity balance is looking a little tired, or you have a specific reward flight in mind.
In the right situation, a well-timed Velocity transfer can help you reach a redemption sooner and reduce the number of points you’ll need to spend. That said, timing matters. The value of a transfer bonus promotion depends on how you plan to use your points and whether you’re ready to redeem in the near future.
This guide breaks down the latest Velocity transfer bonus, how it works, and whether it’s worth transferring your points.
10-20% Velocity Transfer Bonus - May 2026
Velocity Frequent Flyer is running a 10% to 20% transfer bonus for May and June 2026. As usual, the bonus is tiered for manual and auto transfers.
There is no need to activate this offer. Bonus points will be credited by 31 July 2026.
10% Manual Transfers Bonus
You can earn 10% bonus Velocity Points when you manually transfer from an eligible bank rewards partner to Velocity each month, for two months in a row – in May 2026 and June 2026.
Eligible manual transfer partners:
- Amex
- ANZ
- ANZ Business
- Bank of Melbourne
- Bank SA
- BOQ
- MyCard
- NAB
- St George
- Westpac
20% Auto Transfers Bonus
You can score 20% bonus Velocity Points when you opt in and stay opted in to auto transfers with a participating bank partner, and automatically transfer your bank points to Velocity any time between 1 May 2026 and 30 June 2026. You must stay opted in until at least 30 June 2026 to be eligible.
Note that if you already had auto transfer turned on for any participating partner as of 11.59pm AEST on 30 April 2026, you are not eligible for the 20% bonus.
Eligible auto transfer partners:
- ANZ
- ANZ Business
- Bank of Melbourne
- Bank SA
- MyCard
- NAB
- St George
10,000 Bonus Velocity Points On Bank Transfers - Feb to May 2026
Between 1 February 2026 and 31 May 2026, you can earn up to 10,000 bonus Velocity Points when transferring bank rewards points to Velocity.
After activating the offer, members can receive 2,500 bonus Velocity Points per month for every 1,000 Velocity Points earned/transferred each month in February, March, April and May 2026. Eligible banking partners are American Express, Virgin Money, and Westpac.
Members can qualify either by earning directly on a Velocity-Points earning credit card or by transferring points from a banking rewards program into Velocity. The bonus is awarded monthly, and you can earn up to 10,000 bonus Velocity Points in total during the promotion period.
Note that this offer is targeted, meaning not every Velocity member will be eligible. That said, it appears the net has been cast pretty wide. Be sure to check your email inbox for a promotional email from Velocity Frequent Flyer inviting you to register. You can also try activating the offer on the promotion page here to see whether your account is eligible - if you see "this offer has expired", your account is not eligible.
Here's how to earn bonus Velocity Points:
- Activate this offer via the promo page here.
- Earn at least 1,000 Velocity Points per month between 1 February and 31 May 2026, either by eligible partner transfer or a direct earn credit card.
- You will earn 2,500 bonus Velocity Points for every month you meet the minimum earn amount after offer activation.
Before making your transfer, here's some fine print to note:
- This offer is targeted, and to be eligible, members must have received this offer via email from Velocity Frequent Flyer
- You must activate this offer before making a transfer or direct earn contribution
- You will not earn bonus points for any months before offer activation
- Eligible banking partners are American Express, Virgin Money, and Westpac
- Velocity Points earned through a credit card sign-up bonus do not count towards qualification
- Eligible Velocity Points earned are counted by calendar month from 1 February 2026 to 31 May 2026
- Allow up to 4 weeks after each calendar month for the bonus points to be credited
How To Earn Velocity Points Directly?
Unlock a complimentary Virgin Australia return domestic flight, lounge access at selected domestic airports whenever you fly Virgin Australia, and 100,000 bonus points* with Amex Velocity Platinum! Read our review or apply here.
*T&Cs apply. New American Express Card Members only.
Should I Transfer My Points To Velocity?
We love Velocity's regular transfer bonus promotions. These offers are a great way to maximise the value of your flexible reward points, especially if you have a specific flight redemption in mind.
We do still advise against transferring points to Velocity just because there is a bonus running, as this will wipe the flexibility of holding bank reward points. As soon as you make that transfer, you’re restricted to Velocity, as opposed to having the option to send bank rewards elsewhere when a Business Class Reward Seat pops up with another frequent flyer scheme.
That said, if the bonus is tempting enough, a speculative transfer could prove worthwhile.
When A Transfer Makes Sense
1. You’re ready to book a Velocity reward flight
This is the ideal scenario. If you’ve already found reward seat availability and just need more Velocity Points, transferring with a bonus effectively reduces the cost of your booking.
2. The transfer bonus is strong and you’ll redeem soon
If the Velocity transfer bonus is generous, it could justify moving points even without a booking lined up. It’s still a good idea to have a plan, whether that’s a specific route, airline partner, or reward flight you’re aiming to book in the near future.
3. You’re transferring from programs that only convert to Velocity
For programs like Flybuys, your transfer options are already limited. In this case, transferring to Velocity during a bonus is a straightforward way to extract more value from points you were likely to move anyway.
When To Avoid Transfers
1. You don’t have a clear redemption plan
Transferring points to Velocity without a specific use in mind is one of the most common mistakes. If you haven’t researched routes, airline partners, or reward seat availability, you might be taking on unnecessary risk.
2. You’re transferring just to get the bonus
A Velocity transfer bonus can look appealing, but it shouldn’t be the only reason you move your points, especially when these offers appear regularly.
3. You want to keep flexibility across frequent flyer programs
Flexible bank reward points can be transferred to multiple airline programs. Once you transfer points to Velocity, that flexibility is gone. and you may miss out on better-value redemptions with other airlines.
4. You’re unlikely to use your Velocity Points soon
If you don’t plan to book a reward flight in the near future, transferring now exposes you to devaluations and missed opportunities. While bank programs can also devalue, they typically provide some notice, and keeping points with the bank gives you the flexibility to transfer your points to whichever program offers the best value at the time.
Offer History – Velocity Transfer Bonus
Velocity Transfer Bonus promotions tend to pop up quite regularly. This means it can be useful to know what has previously been offered before taking advantage of the current deal.
Below are some of Velocity's most recent Transfer Bonus offers:
- May 2026: 10% manual and 20% auto for most bank rewards
- April 2026: Bonus 250 Velocity & 250 Flybuys (manual) or 500 Velocity & 500 Flybuys (first auto) for Flybuys
- March 2026: 10k bonus Velocity for some bank rewards (targeted 4-month offer)
- February 2026: 15-20% for Amex
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- November 2025: 15-20% for most bank rewards (2-month offer)
- August 2025: 15-20% for Amex
- May 2025: 15% for hotel rewards
- May 2025: 15% for most bank rewards
- February 2025: 5% (manual) or 15% (first auto) for Flybuys
- February 2025: 15-20% for Amex
- February 2025: 20% for opting into auto-transfer banks
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- November 2024: 10% for most bank rewards (2-month offer)
- November 2024: 5% (manual) or 15% (first auto) for Flybuys
- September 2024: 10-15% for Commbank
- August 2024: 10-15% for Amex
- June 2024: Bonus 250 Velocity & 250 Flybuys (manual) or 500 Velocity & 500 Flybuys (first auto) for Flybuys
- May 2024: 15-20% for most bank rewards (2-month offer)
- May 2024: 5% (manual) or 15% (first auto) for Flybuys
- March 2024: 10-15% bonus for Amex & CommBank
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- November 2023: 20% for bank rewards (3-month offer)
- September 2023: Bonus 500 Velocity & 500 Flybuys (auto) for Flybuys
- August 2023: 10-20% for Amex
- June 2023: 5% (manual) or 15% (first auto) for Flybuys
- May 2023: 15-20% for most bank rewards
- March 2023: 15% for CommBank
- February 2023: 15-20% for Amex
Full Terms And Conditions
Eligible Velocity members (“Members”) can earn 2,500 bonus Velocity Points per calendar month during the promotional period, which runs from 12.01AM AEST 1 February 2026 to 11.59PM AEST 31 May 2026 (Offer Period). To be eligible for the bonus Velocity Points offer (“the Offer”), Members must:
- Have directly received this Offer via email from Velocity Frequent Flyer;
- Activate this Offer by clicking the activation link within the Offer email or their Velocity member account within this Offer Period and;
- After activation, earn at least 1,000 Velocity Points in a calendar month during the Offer Period with an Eligible Credit Card Partner (“Eligible Partner”).
Eligible Partners include:
- American Express
- Westpac
- Virgin Money
The 1,000 Velocity Points can be earned via spend on a Member’s Eligible Partner credit card or by transferring eligible points from Eligible Partners to Velocity into Velocity Points. Velocity Points earned through an acquisition bonus Points offer or any other bonus Points offer from an Eligible Partner are not eligible for the bonus Velocity Points.
Eligible Velocity Points earn will be counted by month and are based on calendar months from 1 February 2026 to 31 May 2026.
Once activated, Members are eligible to earn 2,500 bonus Points for the month they activated the offer and for any subsequent months within the Offer Period, provided all other Offer conditions are met. The 1,000 Velocity Points do not need to be earned in consecutive months to qualify for the monthly bonus in the following months of the Offer Period. Members will not earn bonus points for any months prior to Offer activation, for example, if the Member met the minimum earn requirement for February 2026 and did not activate the Offer until March 2026, they will not earn 2,500 bonus points for February.
Bonus Points will be awarded in addition to any standard Points earned. If the earning activity also qualifies for other partner bonus Points promotions, those bonus Points will be awarded as applicable.
Please allow up to 4 weeks after each calendar month of the Offer Period, to be awarded the bonus Points to your Velocity account.
This Offer is not transferable, only the member directly contacted by Velocity Frequent Flyer with this Offer is eligible to receive bonus Points. To earn Velocity Points and participate in this Offer, you must be a Velocity member. Velocity membership and Points earn is subject to the Velocity Membership Terms and Conditions. Partner specific terms and conditions also apply.
^Earning Velocity Points: The earning of Velocity Points is subject to the individual Eligible Partner credit card terms and conditions and Velocity membership Terms and Conditions, as amended from time to time.
~ Transfer credit card points to Velocity: Available to Velocity members only and points earn and transfers who hold eligible cards with participating Card Partners only. For full details on points earn and transfers, including minimum Points transfer requirements and Card Partner view the Terms and Conditions. The earning and redemption of Card Partner points is subject to the Terms and Conditions of the individual Card Partner reward program. Points transfers will be administered solely by the individual Card Partner and transferred Points will be available in your Velocity account subject to the Card Partner Points transfer timeframes. Once Card Partner points have been redeemed for Velocity Points, they are governed by the Velocity membership Terms and Conditions and cannot be reversed.
Velocity Members (Members) will receive:
- 10% bonus Velocity Points when they manually transfer eligible points from Participating Partners to Velocity into Velocity Points at least once each calendar month, for two consecutive months, between 1 May 2026 and 30 June 2026 (“Promotion Period”). Members must initiate a points transfer in each of the two calendar months to meet the offer requirements.
- Or alternatively, Members will receive 20% bonus Velocity Points when they opt in to Auto Transfer on their eligible credit card with their Participating Partner during the “Promotion Period” and automatically transfer points from their Participating Partner to their Velocity account during the Promotion Period. Members must remain opted into Auto Transfer up to the end of the Promotion Period to be eligible to receive the 20% bonus Velocity Points.
Minimum points transfer required, transferred in each transaction. A Velocity Member can transfer multiple times during the Promotion Period.
“Participating Partners” for Manual Transfers are: Australian American Express Card Members enrolled in the Membership Rewards program (this offer excludes American Express New Zealand Card Members), ANZ Rewards, ANZ Business Rewards, Westpac Altitude Rewards, MyCard Rewards, NAB Rewards, BOQ Q Rewards, St.George Amplify Rewards, BankSA Amplify Rewards and Bank of Melbourne Amplify Rewards.
“Participating Partners” for Auto Transfers are: ANZ Rewards, ANZ Business Rewards, MyCard Rewards, NAB Rewards, St.George Amplify Rewards, BankSA Amplify Rewards and Bank of Melbourne Amplify Rewards.
Velocity members already opted into auto-redemption or auto-sweep programs with ANZ Rewards, ANZ Business Rewards, MyCard Rewards, NAB Rewards, St.George Amplify Rewards, BankSA Amplify Rewards and Bank of Melbourne Amplify Rewards as of 11.59pm AEST 30 April 2026 are not eligible to receive the bonus Velocity Points for Auto Transfers made under this offer. This offer cannot be used in conjunction with other bonus Points offers.
If you receive Velocity bonus Points for taking up a new card with ANZ, NAB or MyCard during the Promotion Period, you will not be eligible to receive bonus Velocity Points as part of this offer on any points transferred.
For full details on points transfers, including eligibility criteria, minimum points transfer requirements, and applicable conversion rates, see the Participating Credit Card Rewards Partner Terms and Conditions. The earning and redemption of Participating Partner points is subject to the Terms and Conditions of the Participating Partner reward program. Once the Participating Partner points have been redeemed for Velocity Points, they are governed by the Velocity membership Terms and Conditions and cannot be reversed. Transferred Velocity Points will be available in your Velocity account subject to the applicable Participating Partner points transfer timeframes. Bonus Velocity Points are calculated on the accumulated total number of base Velocity Points transferred to the Velocity account in accordance with the offer and which arrive in the Member’s account in the Promotion Period. Bonus Points will be allocated to the Member’s Velocity account by 31 July 2026. Bonus Points will be rounded to the nearest whole Point. For full offer Terms and Conditions, including Participating Partners’ Terms and Conditions, visit the Velocity website. Velocity membership and Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time.
