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Bonus 15% for flybuys Velocity redemptions

Posted: 19 July 2018 8:34 am
News

Get more from your shopping during July.

One of the more popular offers from flybuys, extra points when you convert your flybuys points to Virgin Australia Velocity Points, is back.

Transfers of flybuys points between 16 July and 31 July 2018 will receive a 15% bonus. The usual process applies in that you have to transfer in bundles of 2,000 flybuys points. Normally, each 2,000 points would earn 870 Velocity Points, but the 15% bonus tips that up to 1,000 Velocity Points. You can learn more about flybuys transfers in our complete guide to flybuys/Velocity transfers.

This offer isn't quite as generous as the one that flybuys ran in May, which offered a 20% bonus. The May offer also allowed you to convert points to Velocity Points even if you'd exceeded the annual cap of 138,000 flybuys points, while the current one doesn't offer that.

Converting flybuys to Velocity Points generally offers better value than simply converting your points into $10 off your next Coles shop, especially if you use your Velocity Points for upgrades or for business-class flights. Make sure you're also using a credit card that earns Velocity Points to have more of your supermarket spending earn points (and remember to pay off the balance each month to avoid interest charges).

THE POINTS FINDER TAKE

If you're a long way from your points goal with Velocity, you might prefer to keep your points in flybuys for now and wait until the next time a 20% offer appears (though that seems unlikely to happen again in 2018). If you're close to your goal, then converting with the 15% bonus could get you to the point where you're ready to redeem for your preferred flight.

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