Point Hacks Credit Card Guide

Our roundup of credit cards with Velocity Point bonus offers to know about this month

With six out of every ten frequent flyer points coming from sources other than actually flying—and with credit cards earning the bulk of those— we round up some Velocity Point earning cards with noteworthy bonus offers to know about this month.


The top-of-the-line Citi Prestige card is offering up to 410,000 bonus Citi Rewards points, which transfer to partners like Velocity at a ratio of between 2:1. Do note a high $150,000 annual income requirement.

The Citi Signature card has an annual fee of $195 for the first year and is offering up to 310,000 bonus Citi Rewards points for new cardholders, which also transfer to Velocity at a rate of 2:1. Note the lower annual income requirement of $75,000 p.a.

Virgin Money are offering a boosted bonus of 90,000 Velocity Points for new cardholders of the Virgin High Flyer Visa until 31 January 2019, along with travel credits and lounge passes. Ongoing, it earns 1 Velocity Point per $ across all spend up to $8,000 per month.

The ANZ Rewards Travel Adventures Visa has a Point Hacks Exclusive 80,000 Velocity points for signing up until 28 February 2019, plus a complimentary Virgin Australia domestic return flight, two single-entry Virgin Australia domestic lounge passes and no overseas transaction fees on purchases.

The American Express Platinum Charge has 80,000 Ascent Premium Membership Rewards points on offer for new cardholders – equivalent to 80,000 Velocity Points when converted at a ratio of 1:1 before the Amex changes comes into effect in April. The card also includes a $450 travel credit, unlimited access to certain airline lounges and a number of other useful perks including a smartphone screen insurance.

The ANZ Rewards Black is offering new cardholders 120,000 bonus ANZ Rewards Points – equivalent to 60,000 Velocity Points when transferred plus $100 back.

American Express are offering 50,000 Velocity Points for new cardholders of the American Express Velocity Platinum. The card includes one free domestic flight on Virgin Australia and two complimentary lounge invitations each cardholder year.

American Express Membership Rewards

American Express Membership Rewards points are amongst the most flexible out there, with the ability to be transferred to key frequent flyer programs like Velocity, KrisFlyer and Asia Miles, as well as Qantas for Platinum and Business Platinum Charge cardholders.

American Express are offering 50,000 Gateway Membership Rewards Points for new cardholders of the American Express Explorer – equivalent to 37,500 Velocity Points when converted, again before Amex changes comes into effect in April. Along with a $400 travel credit, two American Express lounge passes and some unique perks like smartphone screen insurance.


Offer snapshot

CardBonus PointsAnnual FeeOffer end date
Velocity Points
Citi Prestige VisaUp to 205,000 Velocity Points*$70031 March 2019
Citi Signature VisaUp to 155,000 Velocity
Points*
$195 for the first year,
$395 p.a. ongoing
31 March 2019
Virgin Money High Flyer Visa90,000 Velocity Points$28931 January 2019
ANZ Rewards Travel Adventures Visa80,000 Velocity Points$22528 February 2019
American Express Platinum Charge80,000 Velocity Points*$1,450No current offer end date
ANZ Rewards Black60,000 Velocity Points*$375No current offer end date
American Express Velocity Platinum50,000 Velocity Points$375No current offer end date
American Express Explorer37,500 Velocity Points*$395No current offer end date
* Equivalent Velocity Points when transferred

You can also check out our full list of credit card offers as well as our best uses of points series.

Our roundup of credit cards with Velocity Point bonus offers to know about this month was last modified: January 23rd, 2019 by Daniel Sciberras

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Comments

  1. Ross

    Daniel, I had an ANZ Rewards Black that I closed at the end of August 2018. Would I still be eligible for the sign-up bonus on the ANZ Rewards Travel Adventure Visa? (assuming I was approved?)

    Any advice on how to ensure I get my 80K VFFs? Sounds like (from the comments on the page specific to that card), you really have to watch ANZ to make sure they come good…

    • Daniel Sciberras Author

      Hi Ross

      Yes you will. The time limitation only applies to having held the ANZ Rewards Travel Adventure card in the previous 12 months. Holding all other ANZ cards is fine.

      In order to get the 80,000 bonus points, what I found sped up the process was to immediately sign up to ANZ Rewards once you activate your card. This triggers the welcome email to be sent to you (24-72 hours generally), which includes the link and promo code about half way down the email.

      I hope that helps!

  2. Nic

    No mention of the NAB Rewards Signature Card – 90k Rewards points (45k velocity points)?

    Could be a good option for those with a NAB home loan package.

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