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How to transfer credit card reward points to Velocity

Use your credit card reward points to boost your Velocity balance. Here's what you need to know about points transfers.

You can transfer credit card reward points to Velocity from most major loyalty programs – including Amex Membership Rewards, ANZ Rewards, Citi Rewards and Westpac Altitude Rewards. This gives you an easy way to add to your Velocity Points balance, plus it gives you a mix of other ways to use points when frequent flyer rewards aren't on the cards.

Velocity credit card partners and points transfer rates

Some credit card rewards programs have different transfer rates for different types of cards and these are subject to change. We have listed the publicly listed rates at time of publishing. Please log in to your account to see the exact details for your card.

Rewards programTransfer rates and detailsMinimum transferTransfer time
American Express Membership Rewards
  • Ascent or Ascent Premium members: 2 reward points = 1 Velocity Point
  • Membership Rewards Gateway: 2 reward points = 1 Velocity Point
  • Business Ascent members: 3 reward points = 2 Velocity Points
  • David Jones American Express cards members: 2 reward points = 1 Velocity Point
  • A minimum of 2,000 points applies per transfer
  • Allow up to 1 business day to transfer point
ANZ Rewards
  • 2 ANZ Rewards points = 1 Velocity Point
  • A minimum of 2,000 ANZ Rewards points required for any redemption, and multiples of 2 ANZ Rewards points
  • Allow up to 5 business days to transfer points
ANZ Business Rewards
  • 2 ANZ Rewards points = 1 Velocity Point
  • A minimum of 2,000 ANZ Business Rewards Points required for any redemption, and multiples of 2 ANZ Business Rewards Points
  • Allow up to 5 business days to transfer points
BankSA Amplify Rewards
  • 2 Amplify Points = 1 Velocity point
  • A minimum of 3,000 Amplify points is required to transfer, with additional increments in multiples of 500 Amplify Points at a time
  • Allow up to 3 business days to transfer points
Bank of Melbourne Amplify Rewards
  • 2 Amplify Points = 1 Velocity Point
  • A minimum of 3,000 Amplify Points is required to transfer, with additional increments in multiples of 500 Amplify Points at a time
  • Allow up to 3 business days to transfer points
Bank of Queensland Q Rewards
  • 3 Q Rewards points = 1 Velocity Point
  • A minimum of 3,000 Q Rewards points applies per transfer
  • It may take up to 14 days to transfer into your Velocity membership account
Card Services
  • 2.5 Card Services Rewards Points = 1 Velocity Point
  • A minimum of 25,000 Card Services Rewards Points required to transfer
  • It may take up to 14 days to transfer into your Velocity Membership Account
Citi Rewards
  • Citi Prestige and Citi Premier credit cards: 2 Citi Rewards Points = 1 Velocity Point
  • Citi Rewards, Citi Classic and Citi Gold credit cards: 2.5 Citi Rewards Points = 1 Velocity Point
  • A minimum of 2,000 Citi Rewards Points required to transfer
  • It may take up to 28 days to appear in your Velocity account
CommBank Awards
  • 2 CommBank Awards points = 1 Velocity Point
  • Not publicly listed – please log in to your rewards account for details
  • Allow up to 3 business days to transfer points
HSBC Rewards Plus
  • 2 HSBC Rewards points = 1 Velocity Point
  • A minimum points transfer requirement applies – points must be transferred in blocks of 5,000 or 10,000 Rewards points
  • Allow up to 5 business days to transfer points
St.George Amplify Rewards
  • 2 Amplify Points = 1 Velocity Point
  • A minimum of 3,000 Amplify Points is required to transfer, with additional increments in multiples of 500 Amplify Points at a time
  • Allow up to 3 business days to transfer points
Suncorp Bank Rewards
  • 2 Suncorp Credit Card Rewards Points = 1 Velocity Point
  • A minimum of 25,000 Suncorp Credit Card Rewards Points per transfer applies
  • It may take up to 14 days to transfer into your Velocity account
Westpac Altitude Rewards
  • 3 Altitude Points = 1 Velocity Point
  • A minimum transfer of 3,000 Altitude Points, in multiples of 500 Altitude Points applies
  • Allow up to 3 business days to transfer points

How can I transfer my credit card points to Velocity?

Each rewards program is different, so there will be some variation. To transfer points to your Velocity account, you will generally have to follow these steps:

  1. Log in to your rewards account.
  2. Choose the points transfer option. If you haven't done this before, you'll need to include your Velocity membership details.
  3. Follow the prompts to complete the transfer.

Finder survey: Which rewards program do Australians of different ages prefer?

ResponseMaleFemale
Qantas Frequent Flyer13.53%5.69%
Flybuys7.89%7.24%
Other bank rewards program (eg. CommBank Awards,NAB Rewards)7.14%6.55%
Velocity Frequent Flyer4.32%1.72%
AMEX Membership Rewards2.26%1.21%
Star Alliance0.17%
Source: Finder survey by Pure Profile of 1113 Australians, December 2023

What should I consider before transferring my credit card rewards to Velocity Points?

Make sure you're aware of these important terms and conditions before you transfer your credit card rewards.

  • Velocity membership. You must be an active member of the Velocity Frequent Flyer program to transfer your credit card reward points. While you can transfer points from additional cards, the Velocity membership details must match those of the primary credit card account holder.
  • Minimum point requirements. Each rewards program has a minimum amount of points you can transfer at any time. If you haven't earned enough points, you won't be able to transfer them to your Velocity account.
  • Transfer time. This varies between credit card reward programs, but you should typically expect to see the points in your Velocity account within 1–5 days of the transfer. Just be aware that it could take longer in some cases.
  • Transfer bonuses. Sometimes, Velocity partners (including credit card reward programs) will offer bonus points when you transfer rewards to your frequent flyer account. Depending on the promotion, you could get from 10–30% more points by transferring them during one of these offer periods. Find out if there's a transfer bonus offer by logging in to your rewards account, checking the Velocity website or subscribing to get email updates.
  • Credit card rewards program changes. The transfer rate can change from time to time. Financial institutions state how much warning they must provide in the terms and conditions (it is usually 90 days).

Transferring reward points or opting for auto-redemption can be an easy and convenient way to rack up Velocity Points from your credit card spending. If you want to look at other ways to boost your Velocity Frequent Flyer balance, you can also compare credit cards that directly earn Velocity Frequent Flyer points.

Comparison of credit cards that earn Velocity Points

1 - 4 of 15
Name Bonus points Points per $ spent Purchase rate p.a. Annual fee
American Express Velocity Platinum Card
Velocity Frequent Flyer
Bonus points
100,000
Points per $ spent
1.25
Purchase rate p.a.
23.99%
Annual fee
$375
Go to siteMore Info
Partner Offer: Get 100,000 bonus Velocity Points when you spend $3,000 in the first 3 months. Plus a return domestic flight each year. Ends 06 February 2024.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Velocity Frequent Flyer
Bonus points
N/A
Points per $ spent
0.66
Purchase rate p.a.
20.74%
Annual fee
$0 first year ($129 after)
Go to siteMore Info
Get 0% p.a. on balance transfers for 24 months (with no BT fee) and a $0 annual fee in the first year. Ends 31 January 2024.
American Express Velocity Escape Card
Velocity Frequent Flyer
Bonus points
N/A
Points per $ spent
0.75
Purchase rate p.a.
23.99%
Annual fee
$0
Go to siteMore Info
Save with an ongoing $0 annual fee and earn 0.75 Velocity Points per $1 on everyday purchases.
American Express Velocity Business Card
Velocity Frequent Flyer
Bonus points
100,000
Points per $ spent
1
Purchase rate p.a.
0%
Annual fee
$249
Go to siteMore Info
ABN holders w/ $75,000 revenue. Get 100,000 bonus Velocity Points when you spend $3,000 in the first 2 months. Ends 06 February 2024.
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