Velocity Frequent Flyer has strengthened its regular May transfer bonus by giving members up to 40% in bonus points throughout May 2018 on transfers from some credit card programs and 20% on hotel program transfers.
Credit card transfers
Unlike the flat 15% in past years, this year the bonus on qualifying credit card transfers is based on the amount of points being transferred, with transfers under 100k points receiving 15% and over 750k points receiving the full 40%.
The following credit card providers are participating:
- Australian American Express Card Members, including David Jones American Express Card Members enrolled in the Membership Rewards program (this offer excludes American Express New Zealand Card Members)
- NAB Rewards
- HSBC Rewards (Platinum and Premier credit card holders only)
- Diners Club Reward
- Card Services Rewards
- Bank of Queensland and Q Rewards (Platinum credit card holders only)
- Suncorp Bank Rewards
Hotel program transfers
Hotel program transfers get a boost this year as well with a flat 20% bonus applied throughout May 2018. This also applies to ANZ card transfers and flybuys:
- ANZ Rewards
- ANZ Business Rewards
- Accor hotels
- SPG Starwood
- Choice hotels
This is one of the best Velocity transfer bonus’ we’ve seen recently and hence I would recommend taking advantage if you are considering a Velocity redemption in the near future. Obviously you lose flexibility once the points are in Velocity so keep this in mind if your card offers transfers to other airlines.