Earn up to 20% bonus Velocity points on all eligible transfers you make from participating credit card partners:
- Bonus 15% when you manually transfer points at least once per month in both August and September
- Bonus 20% when you enable Auto Transfer and keep it enabled until the end of the promotion period (30 Sep 2026)
Manual transfer partners:
- American Express Membership Rewards (excluding New Zealand)
- ANZ Rewards
- ANZ Business Rewards
- MyCard Rewards
- NAB Rewards
- Bank of Queensland Q Rewards
Auto Transfer partners:
- ANZ Rewards
- ANZ Business Rewards
- MyCard Rewards
- NAB Rewards
If you already had Auto Transfer turned on for any of those partners as of 11.59pm AEST on 31 July 2026 then you’re ineligible for the Auto Transfer bonus.
Additionally, if you receive bonus points during the promotion period for signing up for a new ANZ, NAB or MyCard credit card, you won’t be able to earn the bonus on any points transferred from that card.
No activation or registration is required to take advantage of this offer. You can expect the points to be credited to your Velocity account by 31 Oct 2026.
Terms and conditions
Velocity Members (Members) will receive:
- 15% bonus Velocity Points when they manually transfer eligible points from Participating Partners to Velocity into Velocity Points at least once each calendar month, for two consecutive months, between 1 August 2026 and 30 September 2026 (“Promotion Period”). Members must initiate a points transfer in each of the two calendar months to meet the offer requirements.
- Or alternatively, Members will receive 20% bonus Velocity Points when they opt in to Auto Transfer on their eligible credit card with their Participating Partner during the “Promotion Period” and automatically transfer points from their Participating Partner to their Velocity account during the Promotion Period. Members must remain opted into Auto Transfer up to the end of the Promotion Period to be eligible to receive the 20% bonus Velocity Points.
Minimum points transfer requirements apply to in each transaction and vary by Participating Partner. See the applicable Participating Partner terms below. A Velocity Member can transfer multiple times during the Promotion Period.
“Participating Partners” for Manual Transfers are: Australian American Express Card Members enrolled in the Membership Rewards program (this offer excludes American Express New Zealand Card Members), ANZ Rewards, ANZ Business Rewards, MyCard Rewards, NAB Rewards, BOQ Q Rewards.
“Participating Partners” for Auto Transfers are: ANZ Rewards, ANZ Business Rewards, MyCard Rewards and NAB Rewards.
Velocity members already opted into auto-redemption or auto-sweep programs with ANZ Rewards, ANZ Business Rewards, MyCard Rewards and NAB Rewards as of 11.59pm AEST 31 July 2026 are not eligible to receive the bonus Velocity Points for Auto Transfers made under this offer. This offer cannot be used in conjunction with other bonus Points offers.
If you receive Velocity bonus Points for taking up a new card with ANZ, NAB or MyCard during the Promotion Period, you will not be eligible to receive bonus Velocity Points as part of this offer on any points transferred from your respective ANZ, NAB or MyCard card.
For full details on points transfers, including eligibility criteria, minimum points transfer requirements, and applicable conversion rates, see the Participating Credit Card Rewards Partner Terms and Conditions. The earning and redemption of Participating Partner points is subject to the Terms and Conditions of the Participating Partner reward program. Once the Participating Partner points have been redeemed for Velocity Points, they are governed by the Velocity membership Terms and Conditions and cannot be reversed. Transferred Velocity Points will be available in your Velocity account subject to the applicable Participating Partner points transfer timeframes. Bonus Velocity Points are calculated on the accumulated total number of base Velocity Points transferred to the Velocity account in accordance with the offer and which arrive in the Member’s account in the Promotion Period. Bonus Points will be allocated to the Member’s Velocity account by 31 October 2026. Bonus Points will be rounded to the nearest whole Point. For full offer Terms and Conditions, including Participating Partners’ Terms and Conditions, visit the Velocity website. Velocity membership and Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time.
Velocity membership Terms and Conditions apply once points are transferred to Velocity.
See here for the complete terms and conditions and FAQ.
