It’s back. During May 2023, Velocity is offering a bonus of between 15% and 20% when performing manual transfers from a range of partners. In most cases, the bonus is 15%, but certain American Express cardholders are eligible for 20%.
The bonus is available for transfers from eligible partners that are made between 1 May and 31 May 2023.
Velocity Transfer bonus details
20% Bonus
American Express
If you have a selected American Express charge card, you are in line for a 20% bonus. To get the 20% bonus, you will need to be in the Premium Ascent program. This program is available to holders of the Amex Centurion, Amex Platinum Charge, Amex Rewards Advantage, and Amex Platinum Business cards.
15% Bonus
Most transfer partners are offering a 15% bonus during May. This includes a range of bank credit card and hotel programs.
Finance partners
- American Express (other than Ascent Premium members). The standard transfer rate is 2 Membership Rewards Points gives 1 Velocity Point.
- ANZ Rewards members can transfer a minimum of 2,000 ANZ Rewards Points, and then in increments of 2 ANZ Rewards Points
- Card Services
- Citibank
- Diners Club
- CommBank Rewards. Commonwealth Bank Rewards must be redeemed in increments of 2 Commonwealth Rewards points
- NAB Rewards. Transfer a minimum of 3,000 points
- bankSA, St George and Bank of Melbourne. You must transfer at least 3,000 Amplify Points. During the transfer 3,000 Amplify Points would normally receive 1,000 Velocity Points. During the promotion, an additional 150 Velocity Points will be added.
- HSBC. 1 Velocity Point will be earned for every 2 HSBC Rewards Points transferred. A minimum Points transfer requirement applies; members must transfer in blocks of 5,000 or 10,000 HSBC Rewards Points.
- Westpac. You must transfer at least 3,000 Altitude Points. During the transfer 3,000 Altitude Points would normally receive 1,000 Velocity Points. During the promotion, an additional 150 Velocity Points will be added.
Hotel Partners
- Accor Live Limitless. Transfer a minimum of 4,000 points and get a 15% bonus. 4,000 ALL Points normally transfer as 4,000 Velocity Points. Under this offer, you would get an additional 600 Velocity Points.
- Choice Privileges. Transfer at least 2,000 points to Velocity to get a 15% bonus. Normally 2,000 points convert to 800 Velocity Points. During May you will get a 120 point bonus on this transfer.
- Hilton Honors: Must transfer a minimum of 10,000 Hilton Honors Points
- IHG One Rewards. Normally, 10,000 IHG One Rewards Points convert to 2,000 Velocity Points. Get a bonus of 300 Velocity Points when you transfer by 31 May
- Marriott Bonvoy. Normally 3 Marriott Bonvoy points transfers to 1 Velocity Point. A daily minimum of 3,000 points applies
- Shangri-La Circle. Transfer a minimum of 1,000 points to get a 15% bonus. Normally 1,000 points convert to 1,000 Velocity Points. During May get a 150 points bonus.
Thoughts
Velocity Frequent Flyer usually offers bonus points on transfers from partners twice a year.
For further information, refer to the Velocity bonus transfer page.