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

Here's how you can maximise your Velocity rewards by transferring points from your credit card to your frequent flyer account.

Many credit card rewards programs give you the option of converting your rewards points to Velocity points. This gives you an opportunity to boost your Velocity balance so you can make frequent flyer redemptions more quickly.

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 a points transfer is worth it for you.

Velocity credit card partners and point transfer rates

Rewards programCredit cardsTransfer rate
American Express Membership Rewards1 Membership Rewards point = 1 Velocity point
ANZ Rewards2 ANZ Rewards points = 1 Velocity Point
BankSA Amplify Rewards2 BankSA Amplify points = 1 Velocity point
Bank of Melbourne Amplify Rewards2 Amplify points = 1 Velocity point
Bank of Queensland Q Rewards3 Q Rewards = 1 Velocity point
Card Services2.5 points = 1 Velocity point
Citi RewardsCiti Prestige, Citi Signature and CitiBusiness credit cards: 2 Rewards points = 1 Velocity point
Citi Gold (Visa) and Citi Platinum credit cards: 2.5 Rewards points = 1 Velocity point
CommBank AwardsAwards and Gold: 2.5 CommBank Awards points = 1 Velocity pointPlatinum and Diamond: 2 CommBank Awards points = 1 Velocity point
Diners Club1.5 Rewards points = 1 Velocity point
HSBC Rewards Plus2 HSBC Platinum Rewards points = 1 Velocity point
St.George Amplify Rewards2 Amplify points = 1 Velocity point
Suncorp Bank Rewards2 Suncorp points = 1 Velocity point
Westpac Altitude Rewards2 Altitude points = 1 Velocity point

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 three business days 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 3,000 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 give 90 days’ notice if there will be changes to the conversion rate.

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 1800 818 008 (Citi Prestige Cardholders) or 13 24 84 (CitiBusiness, Visa, Gold, Platinum and Signature Cardholders) to convert Citi Rewards to Velocity points.
  • Minimum points. There is a minimum points transfer of 25,000 Citi Rewards for Citi Gold and Citi Platinum cardholders, and a minimum of 20,000 points for Citi Prestige, Citi 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 must provide 90 days’ notice if there are changes to the Velocity conversion rate. 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 five 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. Register your Velocity membership number by calling 1300 360 060. Then visit the Diners Club Rewards website or call 1300 360 060 to transfer points to the Velocity program.
  • Minimum points. Minimum transfer amount is 7,500 Diners Club Rewards points and transfers must be in blocks of 7,500 points.
  • Transfer time. Allow between two and five business days for the transfer to be completed.

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.

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 500 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 primary credit card and the Velocity account must be in the same name.
  • Minimum point requirements. Each of these programs has a minimum amount of points you need to have before you can request a transfer to your Velocity account.
  • The transfer time. It takes at least three business days to transfer points between programs and as long as five days.
  • Account ownership. The Velocity membership must be in the same name as the primary credit card account.
  • Credit card rewards program changes. The conversion can change from time to time. Financial institutions state how much warning they must provide in the terms and conditions, usually 90 days.

Transferring reward points or opting for auto-redemption can be an easy and convenient way to rack up Velocity points from a rewards credit card. But if you’re chasing Velocity points, there is also a range of credit cards that directly earns Velocity Frequent Flyer points, so make sure you compare your options to find a card that’s right for you.

Comparison of credit cards that earn Velocity Points

Rates last updated December 12th, 2017
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 Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.
NAB Velocity Rewards Card
Velocity Frequent Flyer
0.5
19.99% p.a.
$95 p.a.
This Visa card offers 0.5 Velocity Points per $1 spent on eligible purchases, up to 44 interest-free days on purchases and Visa Entertainment offers.
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.
Save with 0 p.a. on purchases for 14 months, complimentary transit accident insurance and a $129 Virgin Australia gift voucher each year.
ANZ Rewards Travel Adventures card
40,000 bonus points
ANZ Rewards Program
1.5
20.24% p.a.
$225 p.a.
Receive complimentary travel insurance and two complimentary Virgin Australia domestic airport lounge passes each year.
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 0% p.a. for 18 months on balance transfers, earn 3 bonus Velocity Points per $1 for the first 3 months and get a yearly $129 Gift Voucher.
American Express Velocity Platinum Card
50,000 bonus points
Velocity Frequent Flyer
1.5
20.74% p.a.
$375 p.a.
Receive 50,000 bonus Velocity Points, a complimentary Virgin Australia return Economy domestic flight each anniversary year, plus, 2 lounge passes.
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.
Save on travel costs with a $129 Virgin Australia gift voucher each year and complimentary travel insurance.
NAB Velocity Rewards Premium Card
Velocity Frequent Flyer
0.66
19.99% p.a.
$150 p.a.
Offers up to 0.66 Velocity Points per $1 spent on purchases, combined with complimentary insurance covers and a concierge service.
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 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.

Compare up to 4 providers

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