It's Back: 5-15% Velocity Transfer Bonus With Flybuys

Velocity just dropped their latest Velocity transfer bonus!

Tom Goward01 Jul 2026

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.

5-15% Bonus Velocity Points On Flybuys Transfers - July 2026

Velocity and Flybuys have finally returned their most rewarding 5-15% transfer bonus promotion, for the first time in over a year. If you have been building a balance of Flybuys Points to transfer to Velocity Points, and are waiting for a bonus, now is your chance!

From 1 to 28 July 2026, you can score a 15% bonus on a Flybuys Auto Transfer to Velocity, or a 5% bonus on a manual transfer.

To unlock the top 15% bonus, this must be your first-ever Auto Transfer, and you must turn on Auto Transfer during the promotion period. If you’re not eligible for the 15% bonus, you can still earn the 5% bonus when manually transferring points.

There is no need to activate this offer, simply make an eligible transfer during the promotion period to receive the bonus Velocity Points. Unfortunately, the bonus is only valid once during the promotion period, and will apply to your first eligible transfer.

Members can earn a maximum of 10,000 bonus Velocity Points under the manual transfer offer, or 30,000 bonus Velocity Points under the Auto Transfer offer.

Bonus Velocity Points will land in your Velocity Frequent Flyer account within 4 weeks of the end of the promotion period. As this offer ends on 28 July, this means you can expect the bonus points to be credited by 28 August at the latest.

Now is your time to transfer Flybuys Points to Velocity!

How to get the manual transfer bonus:

Log in to your Flybuys account and ensure your Velocity account is linked.
Make a manual transfer of at least 1,000 Flybuys Points between 1 and 28 July 2026.
Bonus points should be credited up to 4 weeks after the promotion ends.

How to get the auto transfer bonus:

Log in to your Flybuys account.
Locate Velocity on the ‘Partners’ screen and turn on Auto Transfer.
Ensure at least 1,000 Flybuys Points are transferred automatically between 1 and 28 July 2026.
Keep Auto Transfer active until at least 28 July 2026.
Bonus points should be credited up to 4 weeks after the promotion ends.

American Express Velocity Platinum

Earn Rate (up to)2.25 ptsVelocity Points per $1

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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.

July 2026: 5% (manual) or 15% (first auto) for Flybuys
May 2026: 30% for hotel rewards
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
March 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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