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This was mentioned in http://www.frequentflyer.com.au/comm...-15710-19.html (Velocity Offer 'that's out of this world') thread:
Velocity - Specials
http://media.25millionpoints.com.au/...nus/index.html
Have you heard the news? Until 15 April 2009, we’re offering you the chance to grab a massive 25% or more* bonus Velocity Points when you transfer your reward points to Velocity**.
Plus, if that wasn’t a sweet enough deal, every Velocity Point you earn (including your bonus Velocity Points!) is an entry into the draw to win 25 million Velocity Points**.
Terms & Conditions
*Dependant on your credit card rewards program
** Promotion is only open to Australian Velocity Members. Further details and full Terms & Conditions on the competition and bank bonus offer, including offer eligibility, minimum reward points transfer requirements and Card Partner Terms & Conditions visit velocityrewards.com.au/bonus Once Card Partner reward points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms & Conditions and cannot be reversed. ANZ Business One Visa Rewards members receive 50% bonus Velocity Points until 15 April 2009. The promoter is Velocity Rewards Pty Ltd of 518 Brunswick Street, Fortitude Valley QLD ABN 98 116 089 448 NSW Permit No. LTPS/08/ 12522 VIC Permit No. 08/ 5705 ACT Permit No. TP08/ 5066 SA Permit No. T08/ 4739
Well technically speaking, you go into the draw to win one of four prize options.entry into the draw to win 25 million Velocity Points**
Looking at the terms and conditions, you can't actually use your points for anything other than the four prize options.
Personally, I think if they had 25 prizes of one million points to use freely might have lured more people.....and probably would have had me a little more excited.
After all the hype, I am a little disappointed.
JASON
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