Commonwealth Bank Velocity Rewards Points Program Credit Cards

Best Velocity Rewards Card

The NAB Velocity Gold Card will help you accelerate your Velocity Points earning so you can redeem your points for a great range of Velocity rewards such as domestic and international flights. You also receive complimentary overseas travel insurance and VIP Lost Card Cover.

• $150 annual fee
• 20.24% p.a. on purchases
• 4.99% p.a. for 6 months on balance transfers
• Cash Advance Rate of 21.74% p.a.
• 44 days interest free
• Minimum Income Requirement of $50,000 p.a.
• No membership fee when joining Velocity loyalty program online

Read the NAB Velocity Gold Card terms and conditions.

Commonwealth Bank Velocity Rewards Credit Cards allow you to transfer your points to the Velocity program. There are even way to double your points with Commonwealth. Once you do you will easily increase the Velocity points you earn and can spend on high value accommodations, flights, and more.

Commonwealth Bank Velocity Rewards Credit Cards are a way to move your Commonwealth Awards points to your Velocity account. You earn points from Commonwealth at a rate of one point for every dollar that you spend using your Commonwealth card shopping or paying bills, you earn extra points by spending with their select partners. If you are also a member of the Velocity Rewards program you can transfer those points over and bank them as Velocity Rewards Points. If you want to increase the number of points you can transfer to Velocity request a Commonwealth Bank Awards American Express card

Earning Commonwealth Bank Velocity Rewards Credit Cards points

• Owners of the Standard Awards card earn one Velocity point for every two Commonwealth Awards points.
• Owners of the Gold Awards card earn one Velocity point for every two Commonwealth Awards points.
• Owners of the Platinum Awards card earn one Velocity point for every two Commonwealth Awards points.
• To transfer your Commonwealth Awards points to Velocity all you have to do is log in to NetBank or call the Commonwealth Awards call center between 8am and 8 pm Sydney time Monday through Friday.
• You can increase the number of points you earn with Commonwealth Bank Velocity Rewards Credit Cards by using it to book flights on Virgin Australia, V Australia, Pacific Blue, and Polynesian Blue.
  • You will earn Velocity points and status credit based on your fares
  • You will also earn one Commonwealth Award point for every dollar you spend on the fare
  • Then you can transfer the Commonwealth points to Velocity doubling the number of points you earned on the transaction.

If you own Commonwealth Bank Velocity Rewards Credit Cards you get the best of both worlds. You have the convenience and reliability of banking with Commonwealth as well as the fabulous points redemption options available through the Velocity program. If you are not a member yet you are not putting your points to work and opening the doors to all sorts of ways to spend your points.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%