How to Earn Bonus Velocity Points on Flybuys Transfers

Flybuys and Velocity cards
Earn bonus points when you transfer from Flybuys to Velocity Frequent Flyer.

There are a few different ways to use Flybuys points in Australia. As well as redeeming for discounts off your shopping at Coles, gift cards or products from the Flybuys reward store, you have the option to transfer your Flybuys points to Velocity Frequent Flyer.

You can convert Flybuys points to Velocity points in increments of 1,000 points, with 1,000 Flybuys points equal to 500 Velocity points. So that’s a conversion rate of 2:1. There is no limit to the number of points you can convert.

Flybuys also offers Velocity Points Auto Transfer. Rather than manually transferring points whenever you need them, you can opt-in to have your Flybuys points automatically transferred to your Velocity account every time you earn 1,000 Flybuys points.

While the same conversion rate applies when using Auto Transfer, Flybuys and Velocity have offered some bonus rewards. This includes extra status credits, bonus points or extra competition entries to Auto Transfer users during limited-time promotions.

You can redeem Velocity points for flights, upgrades and other rewards available through the Velocity Frequent Flyer program. You could also transfer your Velocity points to the Singapore Airlines KrisFlyer program.

About bonus point offers on transfers from Flybuys

Prior to January 2021, the standard conversion rate was 2,000 Flybuys points to 870 Velocity points. When this was the case, the programs regularly offered 15% bonus points on transfers. In effect, this brought the conversion rate to the current standard rate of 2:1.

Since the new conversion rate was implemented, Flybuys has still run promotions. But these have been focused mainly on encouraging members to sign up to Velocity Auto Transfer.

Current offer on Flybuys transfers to Velocity

From 1 September until 31 October 2024, Velocity Frequent Flyer and Flybuys are each giving points to 405 lucky members of both programs. One winner will get 5 million Velocity + 5 million Flybuys points. Four people will each win 500,000 Velocity and Flybuys points. And 400 runners-up will take home 10,000 Velocity and Flybuys points.

You’ll get one entry by linking your Flybuys to your Velocity account. Get two entries for every 1,000 Flybuys points manually transferred to Velocity, and three entries for every 1,000 Flybuys points sent to Velocity via Auto Transfer during the promotional period.

See the Velocity website for more details about this offer.

How to transfer Flybuys points to Velocity Frequent Flyer

You can transfer Flybuys points to Velocity Frequent Flyer on the Flybuys website.

Redeem flybuys points for Velocity points on the flybuys website
Redeem Flybuys points for Velocity points on the Flybuys website.

Alternatively, you can also opt in to Velocity Auto Transfer on the Flybuys website.

You’ll need to be in Australia to redeem your Flybuys points (or use a VPN). If you haven’t already done so, you’ll also need to link your Flybuys account to your Velocity account online.

Previous bonus Velocity point offers

To give you an idea of what to expect, here is a list of recent previous bonus point offers on Flybuys transfers to Velocity Frequent Flyer:

  • 1 September – 31 October 2024: Points Millionaire competition: Link or transfer Flybuys points for a chance to win one of 405 prizes
  • 25 March – 5 May 2024: Points Millionaire competition: Link or transfer Flybuys points for a chance to win one of six weekly prizes of 1 million Velocity + 1 million Flybuys points.
  • 1 December 2023 – 31 January 2024: Make a manual transfer to earn 250 bonus Velocity + 250 bonus Flybuys points. Double points if you make an Auto Transfer during the promotional period.
  • 4 October – 30 November 2023: Competition to win 1 of 5 island holidays (1 entry for linking accounts, 5 entries per 1,000 points manually transferred, 10 entries per 1,000 points auto transferred)
  • 1-31 August 2023: Competition to win 100,000 Flybuys + 100,000 Velocity points (1 winner each day in August; 1 entry per 1,000 Flybuys points transferred, or 4 entries for Auto Transfer users)
  • 15-30 June 2023: Get 5% bonus points on your first manual transfer or 15% bonus points on the first Velocity Auto Transfer during the promo period (up to a maximum of 10,000 or 30,000 bonus points)
  • 1 March – 30 April 2023: Competition to win 5 million Velocity points, 5 million Flybuys points or one of 400 other minor prizes (1 entry per 1,000 Flybuys points transferred, or 4 entries for Auto Transfer users)
  • 1-28 February 2023: 1,000 Flybuys points + 1,000 Velocity points for turning on Velocity Auto Transfer for the first time
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 90 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can connect with Matt by posting on the Australian Frequent Flyer community forum and tagging @AFF Editor.
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Community Comments

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The current offer is entries into a competition to win Flybuys and/or Velocity points for every 1,000 flybuys points transferred until 30 April 2022. If you have Velocity Auto Transfer switched on, you get double entries.

Personally I don't find these kinds of "stand a chance to win" offers very compelling because the odds of actually getting anything are low. I would prefer something like "get 5% bonus points" or "transfer flybuys points to Velocity and get double status credits at Coles this month", but I realise these are more costly to the loyalty programs.

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Yeah - these are generally cough offers with little chance of picking up anything, and is very cheap for the both Flybuys and Velocity.

I guess the chance to win a large prize is better than the 'Share X points' which generally offer a poor result for everyone.

I would love to see a 5% (or higher - much higher) offer, and that would probably trigger the transfer - but the current offer will not!

I will have to transfer later this year anyway as I want to use them to purchase flights - so I will have to be happy with the current rate I guess, as there seems little chance of them offering that style of bonus in the near term.

Cheers

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I have 340k Flybuys and I'm in no hurry to redeem. The points will head to SQ anyway, and since Krisflyer miles expire, the longer I leave it the better. I would pull the trigger for 10% to 15% bonus but after two years I am slowly coming to terms with the fact that such an offer will never happen again.

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I have 340k Flybuys and I'm in no hurry to redeem.

I am getting close to 500k thanks to their algorithm - picked up nearly 220k in the last 6 months - Apple GC's and MyCar tyres helped a lot!

A 10% uplift to transfer would be meaningful therefore!

I am going through a lean patch now though so maybe they are learning. LOL

Cheers

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Earn 5% bonus points this month on your first manual transfer, or a 10% bonus if you turn on Velocity Auto Transfer for the first time.

Also being discussed here:

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I've turned on Auto Transfer yesterday for one of the family accounts but they haven't transferred to VFF yet. Can anybody share there experience in how long this should take? I know with Everyday Rewards it is almost instantaneous.

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Took longer than I expected for mine - definitely more than a few hours - went to bed and it happened overnight sometime.

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Took longer than I expected for mine - definitely more than a few hours - went to bed and it happened overnight sometime.

Thanks Brizz, they all flowed through today, along with the 10% bonus all channeled into my account.

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This month's offer:

Turn Auto Transfer back on and you’ll get a bonus 300 Velocity Points and 300 Flybuys points on your next transfer this month*.

*To be eligible for the 300 bonus Velocity Points and 300 bonus Flybuys points offer, members must link their Velocity Frequent Flyer membership to their Flybuys account, opt into Velocity Auto Transfer, and transfer a minimum of 1,000 Flybuys points to Velocity in one transaction between 12:00am 1 August 2022 and 11:59pm 31 August 2022 (Promotion Period). Offer only available to members who opt into Auto Transfer for the first time and complete their first transfer during the Promotion Period. A Velocity member can only redeem this bonus Points offer once during the Promotion Period. The 300 bonus Velocity Points will only be applied on your first transfer during the Promotional Period. Bonus Points offer cannot be used in conjunction with any other offer.

Not sure why I received this email when I've previously had Auto Transfer turned on. I can't turn it on for the first time, as the T&Cs state is required to get the bonus?

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This month's offer:

Not sure why I received this email when I've previously had Auto Transfer turned on. I can't turn it on for the first time, as the T&Cs state is required to get the bonus?

I might be missing something but I thought auto transfer was not the best option as you miss out on future transfer bonus offers.

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