credit card points to flight rewards

Diners Club International Velocity Rewards Points Charge Cards

Turn your Diners Clubs points into flights by transferring them to your Velocity frequent flyer account.

Diners Club charge cards provide a way to pay for goods and services with no preset spending limits and the benefit of premium perks and a generous rewards program. One of the many advantages of this rewards program is the ability to trade your Diners Club Rewards points for Velocity points.

This guide looks at the Diners Club cards you can use to transfer points to the Velocity program, how to transfer points and what you need to consider before applying for a Diners Club charge card.

What Diners Club cards are linked to the Velocity program?

You can transfer your Diners Club Rewards points to the Velocity frequent flyer program using these personal and business charge cards.

Personal cards

  • Diners Club Card. A charge card that rewards you with 1 Diners Club Rewards point per dollar spent.
  • Diners Club Card and World Mastercard. A dual card account that comes with a Diners Club card and a World Mastercard. This account rewards you with up to 2 Diners Club Rewards points for every $1 spent using the Diners Club charge card and 0.75 Diners Club points for every $1 spent using the Mastercard. Diners Club Personal Card benefits and features

Business cards

  • Diners Club Card. This charge card for businesses offers 1 Diners Club point per $1 spent. Note that there are no bonus partners for Diners Club business cardholders.
  • Diners Club Card and World Mastercard. This dual card account offers 1 point per $1 for spending with the Diners Club charge card and 0.5 points per $1 spent with the World Mastercard.

All of these cards have a transfer rate of 1.5 Diners Club Rewards points per 1 Velocity point. So if you had earned 15,000 Diners Club Rewards points, you’d receive 10,000 Velocity points.

Diners Club Business Card benefits and features

How to transfer Diners Club Rewards points to Velocity

You can arrange to transfer your points between programs by logging on to your online Diners Rewards account and following the steps below.

  1. Select the Velocity frequent flyer program from the list of airline transfer partners.
  2. Enter the number of points you would like to transfer across.
  3. Confirm the transfer and accept the terms and conditions.

You can also request a transfer by calling Diners Club and providing the relevant details over the phone.

What limits apply when transferring Diners Club Rewards points to my Velocity account?

Before you transfer your Diners Club Rewards points to your Velocity account, make sure you’re across the following terms and conditions.

  • Transfer rate. 1.5 Diners Club Rewards points = 1 Velocity point.
  • Minimum transfer. You must transfer a minimum of 7,500 Diners Club Rewards points per transfer.
  • Diners Club card. You must have a card currently enrolled in Diners Club Rewards.
  • Velocity membership. You must have a current Velocity membership.
  • Account details. Your Diners Club Rewards and Velocity account details must match (for example, you must have the same name for both accounts).

Velocity Rewards Credit Cards Comparison

Rates last updated October 21st, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 bonus points
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus points in the first 3 months with a $64 first year annual fee. Plus, the chance to win 1 million Velocity Points.
American Express Velocity Platinum Card
75,000 bonus points
Velocity Frequent Flyer
1.5
20.74% p.a.
$375 p.a.
Receive 75,000 bonus Velocity Points when you spend $3,000 within the first 3 months. Plus, Status Credits & lounge passes.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Velocity Frequent Flyer
0.66
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Enjoy 0% p.a. interest on purchases for 14 months. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with $64 first year annual fee and 0% p.a. balance transfer offer. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
American Express Velocity Escape Card
Velocity Frequent Flyer
1
20.74% p.a.
$0 p.a.
Earn uncapped Velocity Points on purchases, pay $0 annual fee for life and take advantage of a 0% p.a. for 12 months balance transfer offer.
ANZ Rewards Travel Adventures card
40,000 bonus points
ANZ Rewards Program
1.5
20.24% p.a.
$225 p.a.
Receive 40,000 bonus Velocity Points, 2 yearly Virgin Australia lounge passes, plus enjoy $0 overseas purchase transaction fees.
Virgin Australia Velocity High Flyer Card - 80k Bonus Points offer
80,000 bonus points
Velocity Frequent Flyer
1
20.74% p.a.
$289 p.a.
Get the chance to earn 1 million Velocity Points and earn up to 80,000 bonus points. Plus, a 15 month balance transfer offer. Ends 31 Oct 2018.
American Express Velocity Business Card
Velocity Frequent Flyer
1
$249 p.a.
Take advantage of Velocity Points per $1 spent, no pre-set spending limit, data that feeds into MYOB and up to 51 days interest-free on purchases.
American Express Explorer Credit Card
50,000 bonus points
Membership Rewards Gateway
2
20.74% p.a.
$395 p.a.
Get 50,000 bonus Membership Rewards points, a yearly $400 Travel Credit and 2 entries per year to the American Express Lounge.
Citi Prestige Card
400,000 bonus points
Citi Rewards Program
3
20.99% p.a.
$700 p.a.
Receive 20,000 bonus reward Points per month for 20 months. This adds up to 400,000 points, which can be converted to 200,000 Velocity Points.
Citi Signature Credit Card
300,000 bonus points
Citi Rewards Program
1
20.99% p.a.
$195 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 15,000 bonus reward Points per month for 20 months. This adds up to 300,000 points, which can be converted to 150,000 Velocity Points.

Compare up to 4 providers

Latest Velocity Frequent Flyer credit cards offer

Other factors to consider

If you want to use a Diners Club card to boost your Velocity point balance, make sure you consider the following factors:

  • Card acceptance. For dual accounts, the World Mastercard can be used in more places than the Diners Club charge card, but earns fewer points per $1 than the Diners Club charge card. For example, with the personal dual card account, you earn 3 points per $1 spent with the personal Diners Club card, and 0.75 points per $1 spent with the Mastercard. This would work out to be 1.5 Velocity points per $1 and 0.83 Velocity points per $1 respectively.
  • Diners Club surcharges. Many businesses apply a higher surcharge for accepting Diners Club cards, which could be as much as 4% of the total transaction cost. Make sure these surcharges don’t outweigh the benefits you get from your rewards.
  • Account structure. Diners Club charge cards work differently to credit cards. You’re required to pay back the entire balance of your charge card account every month by the statement due date and penalties apply if you don’t. If you want the flexibility of carrying a balance, a credit card that’s linked to the Velocity program may be a better option.
  • Annual fee. Diners Club cards usually have an annual fee ranging from $135 to $389 for personal accounts and $95 o $249 for business accounts. Make sure you consider whether or not the benefits of a Diners Club card would outweigh this cost before you apply for one.
  • Other account fees. Some Diners Club card account holders are required to pay an additional fee to be a part of Diners Club Rewards. The rewards program fee is included in the annual fee for World Mastercard accounts. Again, make sure this fee doesn’t contradict the value of your rewards.
  • Complimentary extras. Diners Club cardholders can access the Citibank Dining Program to receive a free bottle of award-winning wine at selected Australian restaurants. You’ll just need to use your Diners Club card to pay for the meal. These accounts also feature complimentary insurance policies such as international travel insurance and purchase cover. Other travel benefits include free airport lounge access at over 500 international airport and member lounges.

The Diners Club Rewards program offers a range of competitive benefits, including high earn rates on the Diners Club charge cards. While the ability to transfer your points to a Velocity account could be handy, there are other frequent flyer credit cards that offer more competitive points per $1. Make sure you compare a range of options to find a product that suits your needs and maximises your rewards before you apply.

Image: Shutterstock

Back to top
Was this content helpful to you? No  Yes

Related Posts

Credit Card Offers

Important Information*
Qantas Premier Everyday

Interest rate

19.99

Annual fee

0*

*$49 p.a. after first year

Westpac Low Rate Card

Interest rate

13.49

Annual fee

0*

*$59 p.a. after first year

ANZ Low Rate

Interest rate

12.49

Annual fee

58

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.
Ask a question
Go to site