Virgin Australia has flicked the switch on its latest Velocity Points transfer bonus with up to a solid 40% extra points this month.
That's well above the typical offer of 10-15% bonus points from previous promotions – so if you've got a bunch of reward points sitting on your credit card or even with some hotel loyalty schemes, and reckon they'd be better used going towards free Virgin Australia flights or upgrades, now's the time to transfer them across to your Velocity account.
The Velocity bonus promotion is valid until May 31, 2018, so you've got four weeks and no excuses!
There are bonuses applying to a wide range of Velocity partners including ANZ Rewards, ANZ Business Rewards, Flybuys, Shangri-La Golden Circle, Le Club Accor, Hilton Honors, Starwood SPG, IHG Rewards Club and Choice Privileges, Australian-issued American Express Cards, NAB Rewards, Citibank, HSBC Rewards (Platinum and Premier credit card holders only), Diners Club Reward, Card Services Rewards, Bank of Queensland and Q Rewards (Platinum credit card holders only) and Suncorp Bank Rewards.
However, there's some tiering in Velocity Points bonus depending on the amount of Velocity Points you receive when transferring points from some partners.
Sending enough partner points to lob 100,000 Velocity Points into your account results in a starting bonus of 15%, but pump across more than 750,000 Velocity Points from eligible partners and that 40% bonus is yours.
And that's not to be sneezed at: it means that adding 800,000 Velocity Points to your account via a card or hotel transfer nets you an additional 320,000 points, resulting in a cool 1.12 million Velocity Points parked on your ledger.
For all the details on the Velocity Points transfer bonus promotion click through to go.velocityfrequentflyer.com/bonanza.