Velocity Frequent Flyer has launched its twice-yearly points transfer offer today, with 20-30% bonus Velocity points offered on transfers from most Australian credit card reward programs until the end of November.
Virgin Australia’s frequent flyer program offers bonus points on credit card point conversions every May and November. During the previous promo in May 2021, Velocity offered 15-30% bonus points although CommBank Awards was notably absent last time.
During November 2021, you’ll receive 20% bonus Velocity points when converting points from the following Australian credit card reward programs:
- CommBank Awards
- NAB Rewards
- Westpac Altitude
- St George/Bank SA/Bank of Melbourne Amplify Rewards
- Citi Rewards
- Diners Club Rewards
- Card Services
- HSBC Rewards Plus
- Suncorp Rewards
- Bank of Queensland Q Rewards
American Express card members in Australia can earn 25% bonus points when transferring their points to Velocity by 30 November 2021, while ANZ Rewards and ANZ Business Rewards points transfers will earn a 30% bonus.
Velocity points converted via auto-transfers will not earn bonus points.
This promotion is open to all Velocity members with no registration required. See the Velocity Frequent Flyer website for full details including the offer terms & conditions.
Velocity international redemptions return from tomorrow
With Australia’s international borders reopening today, this promotion would have been fairly useless if Velocity Frequent Flyer was continuing to block all international and partner airline rewards. The good news is that, from tomorrow, you’ll finally be able to redeem Velocity points for international flights for the first time since April 2020.
However, Velocity is initially only making reward seats available on seven partner airlines:
- Air Canada (except flights between Australia and Canada)
- Delta Air Lines
- Etihad Airways
- Hawaiian Airlines
- South African Airways
- Virgin Atlantic
- Virgin Australia (flights to Bali, Fiji and Queenstown only)
If you’re planning to redeem your Velocity points for domestic travel, there are of course plenty of options with Virgin Australia. But if you’d like to use your points for international travel, we would suggest waiting until international redemptions open up and checking for award availability before transferring any points to Velocity. Once credit card points are transferred to a frequent flyer program, you can’t reverse that transaction.
This month’s Singapore Airlines conversion bonus
If you’d like to redeem your points for an international trip, you might also want to have a very close look at the current Singapore Airlines KrisFlyer bonus offer.
Until 22 November 2021, you can earn 12-15% bonus KrisFlyer miles when transferring points from any credit card program. On paper, this may not seem like as good an offer as the Velocity transfer bonus for November 2021. However, KrisFlyer miles are arguably more valuable and can be used to fly across the entire Star Alliance network of 24 airlines, as well as Singapore Airlines’ partners Virgin Australia, Virgin Atlantic, Vistara and Alaska Airlines.
You can even book a Star Alliance Round the World award ticket in Business Class for 240,000 KrisFlyer miles.
As an added sweetener, KrisFlyer is also currently giving away Elite Miles (which count towards Singapore Airlines elite status) with credit card transfers. You’ll earn 1 Elite Mile for every 5 KrisFlyer miles converted from a bank rewards program, and bonus miles received during the current promotion also count.
Join the discussion on the Australian Frequent Flyer forum: 20% Velocity Transfer Bonus (VA resuming some international redemptions on 2 Nov)