The popular Flybuys offer of a bonus 15% Velocity Points when transferring points between the two programs is on again. Members of Flybuys transferring their points between July 16 and July 31 will receive a 15% bonus on the transfer.
Flybuys transfers to Velocity
Linked members are able to transfer Flybuys points to Velocity. This normally occurs at a rate of 2,000 Flybuys points buying you 870 Velocity Point.
During the 15% bonus promotion, the same 2,000 Flybuys points will transfer at around 1,000 Velocity Points. Even better, the bonus points normally post at the time the transfer is made. This is normally a very quick process. If you have your eyes on a redemption, this can be a quick way of getting points across to your account.
There is a limit to the number of points that you can transfer from Flybuys each year. At present, this is set to a total of 138,000 Flybuys points. Under the normal transfer rate, this will yield 60,030 Velocity Points. If the bonus is taken into account, the will transfer at 69,000 points.
Transferring flybuys points to Velocity is a good way of boosting your Velocity balance. It may be worth doing if you have a redemption in mind.