Gold and platinum members at Card Services Direct can now transfer their rewards points to the Velocity Rewards airline loyalty program, provided they have an account with the latter. Velocity is currently available from a number of other card issuers, including ANZ, Westpac, and Citi. The service can be accessed through Card Services Directs Internet and phone banking options.
Card Services Direct, a joint service by Citigroup and Mastercard, is linked to several frequent flyer and rewards programs, including Singapore Airlines' KrisFlyer, and Citi's Take Flight airline booking and cash-back scheme. Velocity Rewards is a relatively new but award-winning program offered by V Australia, Virgin Australia, Pacific Blue, and Polynesian Blue.
Cardholders will receive one Velocity point for every 1.5 Card Services Direct reward points transferred. The initial transfer must be at least 15,000 points, and subsequent transfers must be in batches of 15,000 as well. These points can then be used to pay for Virgin Australia, Virgin Australia, Pacific Blue, or Polynesian Blue flights using the Card Services Direct Mastercard. It can take up to 28 days for transferred points to show up in your Velocity Membership Account. Once transferred, the points are subject to Velocity Rewards terms and conditions rather than Card Services Direct.
The Velocity Frequent Flyer Rewards Program
The Velocity Frequent Flyer Rewards Program is Virgin Australia’s frequent flyer scheme that allows customers to earn Velocity Points whenever they fly with the airline or any of its international partners. Not only can customers earn points, but they also can take advantage of the many flights offered, including one-stop flights to Europe, flights to the Americas, Asia, the Middle East and more.
Members of the Velocity Frequent Flyer Program can also earn points all over the world by using the program’s network of partners, including hotels, car hire companies, travel assistance, insurance companies and more. Additionally, customers using a credit card that is linked to the Velocity program will be able to earn double the points, because they will be earning points by using their cards as well as with program partners.
Joining Velocity Rewards
It's important to note that Velocity Rewards membership doesn't come with your Card Services Direct account. You must apply for one separately and be a member before attempting to transfer your points. Application is free on the Velocity website, and you get your membership number as soon as you complete the online form. You will need this number to transfer your Card Services Direct points.
Never lose points
Velocity points don't expire as long as you earn or redeem them at least once every 24 months. Point expiry is one of the most common traps in the Australian credit card market, to the point that a small industry of miles management services has sprung up in recent years. Velocity Rewards eliminates this issue, allowing you to save your points up for as long as you need to.
Velocity Rewards is also the first airline rewards scheme to offer the any seat, any time feature. Basically, it eliminates the blackout dates and other restrictions that plague other rewards programs and keep cardholders from fully enjoying the benefits. With Velocity Rewards, as long as there are seats available on an eligible airline, you can use your Velocity points to buy them, even on the busiest holidays. This has won the program widespread recognition from the Airline Information Mega Awards, the Freddie Awards, and the Australian Marketing Institute.