Virgin says DON'T transfer your Velocity points!

10 replies

jianga

Qantas - Qantas Frequent Flyer

Member since 07 Feb 2015

Total posts 139

Just received a Velocity newsletter asking me NOT to transfer any point from hotel and banking partners right now. It says there's 'A record breaking deal' coming out on 1st May and stay turned. Does anyone know what this 'mysterious' deal is?

dsz

Virgin Australia - Velocity Rewards

Member since 23 Apr 2018

Total posts 6

logged in to ask the same question.



watson374

Qantas - Qantas Frequent Flyer

Member since 17 Aug 2012

Total posts 1,285

I'd wager a thousand points that it's an 'enhancement' with eyeliner.

Chris Chamberlin

Member since 24 Apr 2012

Total posts 1,102

May and November are when Velocity typically runs its 15% tranfer bonus deals, so if it's "record-breaking", it'd need to be more than that. In the past they've also offered 25-50% bonus points (depending on your card, etc), so we'll see!

Zac

Virgin Australia - Velocity Rewards

Member since 23 May 2014

Total posts 19

I like the comms around this - hopefully the promotion lives up to the hype

bird

Qantas - Qantas Frequent Flyer

Member since 30 Dec 2017

Total posts 1

Given my balance of AMEX points....this has piqued my interest.

Rohit

Member since 06 Jul 2017

Total posts 17

Given how easy it is to rake up Velocity points, even a 50% bonus wouldn't tempt me into transferring my AmEx points. Same with my SPG points. Flybuys is a different propositon ofcourse, even a 20% bonus would see me emptying the coffers before you can say Hooraahhhh.....

andyf

Virgin Australia - Velocity Rewards

Member since 07 Dec 2014

Total posts 47

My Amex points transfer at 1:1 for both Velocity and Kris Flyer. So if the deal is better than the 35% penalty thats charged to transfer from Velocity to Kris Flyer, then potentially its a good deal for Singapore points as well.

PHILLIP

Member since 04 Jun 2017

Total posts 1

Their e mail states "don't transfer anything until May 1 from card or hotel partners", I wonder if it is just limited to that, or if it includes a special deal from Flybuys as well? Couple of weeks ago I received an offer from FlyBuys - transfer at least 10000 points to Velocity and receive a bonus 10 status credits. I am often targeted with such things as a lot of points are earn't with FlyBuys.

Blake

Member since 03 May 2017

Total posts 39

I'm betting on a tiered offer. The more points transferred the higher then % bonus, and the bottom tier will only be the normal 15%.

Sibelius

Virgin Australia - Velocity Rewards

Member since 06 Aug 2017

Total posts 97

This time last year they offered me 15% transfer bonus on my FlyBuys points AND as part of the promotion, FlyBuys didn't count points transferred in May and June towards the 138,000/year FlyBuys transfer limit. I'm really hoping they'll do that again as I've already accumulated 125,000 FlyBuys points this year.

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