How to transfer credit card rewards points to Velocity Frequent Flyer Points

Maximise your Velocity rewards by transferring points from your credit card to your frequent flyer account.

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Many credit card rewards programs give you the option of converting your rewards points to Velocity Points. This can be an easy way to boost your Velocity balance so that you can redeem your next frequent flyer reward sooner.

Each rewards program has different terms and conditions for points conversion. Here, we look at which credit card rewards programs give you this option, minimum transfer amounts, the rate of conversion and transfer times so that you can decide if this type of credit card fits with your reward goals.

Velocity credit card partners and point transfer rates

Rewards programCredit cardsTransfer rate
American Express Membership Rewards
  • Membership Rewards Ascent or Ascent Premium: 2 points = 1 Velocity Point
  • Membership Rewards Gateway: 2 points = 1 Velocity Point
  • Membership Rewards Business Ascent: 3 points = 2 Velocity Points
  • David Jones American Express cards: 2 Membership Rewards Points = 1 Velocity Point
ANZ Rewards
  • 2 ANZ Rewards points = 1 Velocity Point
ANZ Business Rewards
  • 2 ANZ Business Rewards points = 1 Velocity Point
BankSA Amplify Rewards
  • 2 BankSA Amplify points = 1 Velocity point
Bank of Melbourne Amplify Rewards
  • 2 Amplify points = 1 Velocity point
Bank of Queensland Q Rewards
  • 3 Q Rewards = 1 Velocity point
Card Services
  • Card Services Rewards Platinum
  • Card Services Rewards Gold
  • 2.5 points = 1 Velocity point
Citi Rewards
  • Citi Prestige and Citi Signature credit cards: 2 points = 1 Velocity point
  • Citi Platinum credit cards: 2.5 points = 1 Velocity point
CommBank Awards
  • Awards: 2.5 CommBank Awards points = 1 Velocity point
  • Platinum and Diamond: 2 CommBank Awards points = 1 Velocity point
Diners Club
  • 1 point = 1 Velocity point
HSBC Rewards Plus
  • 2 HSBC Rewards points = 1 Velocity point
St.George Amplify Rewards
  • 2 Amplify points = 1 Velocity point
Suncorp Bank Rewards
  • 2 points = 1 Velocity point
Westpac Altitude Rewards
  • 3 Altitude points = 1 Velocity point (one-off transfers)

How can I transfer my credit card points to Velocity?

The steps you’ll need to take to transfer your credit card rewards points to your Velocity Frequent Flyer account will vary between card providers, so you can use the relevant steps according to the bank you’re with below:

American Express Membership Rewards

  • Key transfer details. Add Velocity membership details to Membership Rewards online account, enter the number of points to transfer, review the transaction and accept the request to transfer points.
  • Eligible rewards program streams. The American Express Membership Rewards program has several different streams. You can transfer points to Velocity if you are enrolled in Membership Rewards Ascent, Gateway, Premium Ascent, Business Ascent or David Jones Membership Rewards.
  • Minimum points. A minimum 2,000 American Express Membership Rewards points must be transferred at a time.
  • Transfer time. Allow up to 1 business day to transfer points.

ANZ Rewards

  • Key transfer details. Set up auto-redemption or make a one-off transfer. Points transfers are managed through the ANZ Rewards website.
  • Minimum points. Transfer a minimum 2,000 ANZ Rewards points if not using the auto-redemption feature. Multiples of 2 ANZ Rewards points must be redeemed at a time.
  • Transfer time. Allow up to five business days to transfer points between programs.

BankSA Amplify Rewards

  • Key transfer details. Register your Velocity membership number with BankSA on the Amplify Rewards website or call 1300 490 641. Then call the hotline or visit the BankSA Amplify Rewards website to transfer points.
  • Account requirements. Amplify points can be transferred from the primary account, joint account or additional account to the Velocity account of the primary cardholder.
  • Minimum points. Convert a minimum 3,000 Amplify Rewards at a time. Convert increments of 500 BankSA Amplify Rewards points.
  • Transfer time. Allow up to three business days to transfer points between programs.
  • Other details. Transfers can not be cancelled or reversed.

Bank of Melbourne Amplify Rewards

  • Key transfer details. Set up auto-redemption or convert points through the Amplify Rewards website.
  • Opt-in to automatically redeem points. Auto-redemption transfers your entire Amplify Rewards points balance to your Velocity membership every calendar month.
  • Minimum points. There is a 3,000 point transfer minimum for non-auto-redemption transactions and transfers must be multiples of 500.

Bank of Queensland Q Rewards

  • Key transfer details. Log on to the Bank of Queensland Online website or call 1300 206 349 to convert Q Rewards to Velocity points.
  • Transfer time. Allow up to five business days to transfer points.
  • Account details. The Q Rewards account and Velocity account must be in the same name.
  • Other details. Bank of Queensland will provide at least 30 days’ notice of changes to the reward program terms and conditions, including the way you redeem points.

Card Services

  • Key transfer details. Convert points via the Card Services website or by calling 1300 135 538.
  • Minimum transfer. Transfer 25,000 or more Card Services points to the Velocity program.
  • Transfer time. Allow up to five business days for the transfer to be completed.
  • Other details. Transfers can not be cancelled or reversed.

Citi Rewards

  • Key transfer details. Visit the Citi Rewards website or call 13 24 84 (CitiBusiness, Gold, Platinum, Prestige and Signature cardholders) to convert Citi Rewards to Velocity points.
  • Minimum points. There is a minimum points transfer of 2,000 Citi Rewards for Citi Gold and Citi Platinum cardholders, and a minimum of 20,000 points for Citi Prestige, Citi Rewards Signature and CitiBusiness cardholders.
  • Account details. Citi Rewards and Velocity accounts must be in the same name.
  • Transfer time. Allow up to five days to transfer points.
  • Other details. Citi will provide at least 30 days’ notice of changes to the rewards program terms and conditions, which could include changes to redemption options. Transfers can not be cancelled or reversed.

CommBank Awards

  • Key transfer details. Go to the “redeem points for travel” section of the CommBank Awards website to transfer points.
  • Minimum points. Transfer multiples of 1,000 starting from a minimum of 3,600 CommBank Awards points.
  • Transfer times. Allow up to three business days for CommBank Awards points to convert to Velocity points.
  • Account details. CommBank Awards and Velocity memberships must be in the same name.
  • Other details. Transfers can not be cancelled or reversed.

Diners Club

  • Key transfer details. Log in to your Diners Club account and navigate to the rewards section. Select "Velocity Frequent Flyer" from the points transfer options and follow the prompts to complete a transfer. Note that you will need to provide you Velocity Frequent Flyer details to complete the transfer.
  • Transfer time. The points will be deducted from your Diners Club rewards balance as soon as you redeem them. However, it could take up to 28 days for the points to be added to your frequent flyer account.

HSBC Rewards Plus

  • Key transfer details. Transfer HSBC Rewards Plus points to Velocity through the HSBC Rewards website.
  • Transfer time. Allow up to five business days for points to be converted.
  • Minimum points. Transfer blocks of 5,000 or 10,000 HSBC Rewards Plus points.
  • Other details. Transfers can not be cancelled or reversed.

St.George Amplify Rewards

  • Key transfer details. Set up auto-redemption or make a one-off transfer through the St.George Amplify Rewards website.
  • Auto-redemption. All St.George Amplify Rewards points are transferred to the Velocity program if auto-redemption is active.
  • Minimum points. A minimum of 3,000 Amplify points can be converted to Velocity points if auto-redemption is not active. Multiples of 500 points must be converted.
  • Transfer time. Allow up to three business days for transfer to be completed.

Suncorp Bank Rewards

  • Key transfer details. Transfer points through the Suncorp Bank Rewards website.
  • Minimum points. Minimum 25,000 Suncorp Bank Rewards points per transfer.
  • Transfer time. Allow up to five business days to transfer points.
  • Other details. Suncorp will provide at least 30 days' notice if there are changes to the reward program terms and conditions, which could include any changes to point transfer options. Transfers can not be cancelled or reversed.

Westpac Altitude Rewards

  • Key transfer details. Log in to your Altitude Rewards account to transfer points. Transfer using auto-redemption or as a one-off transfer.
  • Minimum points. Minimum 3,000 Altitude Rewards points (multiples of 600 thereafter) can be redeemed at a time if not using the auto-redemption option.
  • Auto-redemption. If using auto-redemption, entire Altitude Rewards balance is converted to Velocity membership each calendar month (minimum of 2 Altitude Rewards Points).
  • Transfer time. Allow up to three business days for points to be converted.
  • Other details. Points are not converted if account is in default for two consecutive statement periods.

5 things to consider before transferring your credit card rewards to Velocity points

Make sure you’re aware of these important terms and conditions.

  • Velocity membership. You must be an active member of the Velocity Frequent Flyer program to transfer your credit card rewards points. While you can transfer points from additional cards, the Velocity membership details must match those of the primary credit card accountholder.
  • 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.
  • The 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 around 10–15% more points by transferring them during an eligible offer period. As these deals vary, you'll need to keep an eye out to make the most of them.
  • 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

Updated December 9th, 2019
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
50,000 bonus points
Velocity Frequent Flyer
Amex
1.25
20.74% p.a.
$375 p.a.
Get 50,000 bonus Velocity Points when you spend $3,000 for the first 3 months. Plus, 100 Status Credits and luxury travel perks.
70,000 bonus points
Velocity Frequent Flyer
Visa/MC
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 70,000 bonus Velocity Points (60,000 in 3 months and 10,000 after first year). Plus, save with 0% p.a. for 18 months on balance transfers.
Velocity Frequent Flyer
Amex
0.75
20.74% p.a.
$0 p.a.
Earn uncapped Velocity Points on purchases and save with a $0 annual fee for life and a 0% p.a. for 12 months balance transfer offer.
Velocity Frequent Flyer
Amex
1
N/A
$249 p.a.
ABN holders w/ $75,000 revenue. A business charge card offering Velocity Points per $1 spent and up to 51 days interest-free on purchases.
80,000 bonus points
Velocity Frequent Flyer
Visa/MC
0.75
20.49% p.a.
$300 p.a.
Earn 80,000 bonus Velocity Points when you meet the spend requirement. Plus, complimentary seat upgrades and lounge passes.
100,000 bonus points
Velocity Frequent Flyer
Amex
1.25
Visa/MC
0.75
20.24% p.a. (AMEX)

20.49% p.a. (Visa/MC)
$399 p.a. annual fee for the first year ($499 p.a. thereafter)
Up to 100,000 bonus Velocity Points with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex). T&Cs apply.

Compare up to 4 providers

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Credit Cards Comparison

Updated December 9th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
21.99% p.a.
$0 p.a.
Save with 0% foreign transaction fees on purchases. Plus, complimentary flight delay passes and a global wifi access.
19.99% p.a.
0% p.a. for 18 months
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get 20,000 bonus Qantas Points per month for the first 6 months when you spend $1,500/month. Total of up to 120,000 bonus Qantas Points.
0% for 9 months, reverts to 14.99% p.a.
0% p.a. for 9 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Enjoy a $0 first year annual fee and a 0% introductory rate on purchases and balance transfers. Plus, complimentary purchase insurance cover.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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