Velocity Rewards have launched a promotion for May 2014. The two promotions are:
- 10% bonus points on transfers from eligible credit cards
- 10% discount on Award seat redemptions on Virgin Australia flights
10% bonus points
Velocity are offering a 10% bonus on points transferred from various
bank rewards schemes. While the bonus has been offered in the past, the
current promotion includes all partner cards that allow transfers.
A downside of this promotion is that, unlike previous promotions, Westpac is not participating, although Citibank has continued to do so.
The bonus offer applies to transfers made in May 2014.
As part of the promotion, a 10% discount is being offered on Reward
Seats and Any Award Seats for seats on Virgin Australia. The discount
does not apply to partner airlines. The discount applies for bookings
made from May 1, 2014 through May 31, 2014, although travel is able to be made in June.
It is similar to the previous promotion from October of last year, that offered 15% bonus and discounts (See http://www.oztravelpoints.com/2013/10/velocity-15-bonus-points-and-15.html)
While any promotion is good, the percentage continues a slide in the percentage rates that have applied to this style of promotion. As noted, the last promotion was 15%. It is also disappointing that Westpac (particularly through their Altitude product) is not participating in this promotion.