Join and maintain an eligible Medibank hospital & extras cover and you could get up to 70,000 Velocity Points^

Use promo code VELOCITY. 

Find out more

Fast track your way to dream destinations with Medibank

We all know health insurance can help you pay for health services. But did you know, it could help you earn Points for your next holiday.

For a limited time, join and maintain an eligible Medibank hospital & extras cover and earn up to 70,000 Velocity Points^.

See the table below to find the Points that you could earn based on the cost of the weekly premium for your policy.

How many Points will I earn?

Get up to 70,000 Points^ on an eligible Medibank hospital and extras cover. Check out the table here to see what you would be eligible for:

Weekly premium range~

Velocity Points



$100 - $119


$80 - $99


$60 - $79


$40 - $59


<$40 10,000

New Medibank members only. Terms and conditions apply. You must hold same eligible cover for 90 days to receive the bonus Points. Use promo code 'VELOCITY'. 

How to get your Points:

  • Visit Medibank to get a quick quote on eligible hospital and extras cover.
  • Pick the right cover for you.
  • Enter the promo code "VELOCITY" on the Medibank join form.
  • You can also call Medibank on 1800 695 463 or head into a Medibank store and quote "VELOCITY" to take up this offer.
  • You will receive your Points when you have held your cover for at least 90 days, minimum direct debit period of fortnightly.

New Medibank members only. Terms and conditions apply. You must hold same eligible cover for 90 days to receive the bonus Points. Use promo code 'VELOCITY'. 

Why choose Medibank

Not yet a Velocity member?

Unlike other frequent flyer programs, it's free to be a Velocity member. Join today and start earning Points on the things you do everyday. 

^Medibank Health Insurance offer

This offer is available to new Medibank members on new Medibank memberships who have not held Medibank or ahm hospital cover in the last 12 months (unless they are a dependant coming off parents’ cover),  who are Australian residents and a current member of the Velocity Frequent Flyer program (a Velocity member).

When joining, new members must join and start an eligible hospital or hospital and extras cover from 1 December 2022, quote the promo code VELOCITY, enter the Velocity member number of the policy holder joining. Must set up direct debit when joining. Must hold the same policy and maintain direct debit for at least 90 continuous days from the policy start date in order to be credited Velocity Points in the fourth month. Points may not be allocated where the policy is cancelled or refunded, or where payments are in arrears. Velocity membership and Points earn and redemption are subject to the Velocity Membership Terms and Conditions, as amended from time to time.

Eligible hospital or hospital and extras policies are all Medibank policies, excluding Corporate, Accident only, Ambulance only, Extras only, Overseas Visitors (OVC) and Overseas Student Health (OSHC) covers, Working Visa Health Insurance, Travel Insurance, Pet Insurance, Funeral Insurance, Life Insurance & Income Protection, and all ahm covers. Not available with any other Medibank offer. Health insurance is issued by Medibank Private Limited ABN 47 080 890 259, a registered private health insurer.

Velocity is not the issuer or arranger of any insurance product. Any information provided is general only, is not advice and has been prepared without taking into account your circumstances.

The level of Velocity Points you could earn for taking out cover that meets the above criteria is determined by referring to the weekly premium quoted for a cover, (before any adjustment for the Australian Government Rebate and excluding any Lifetime Health Cover loading and Youth Discount) regardless of the payment frequency selected.

Points offered for different levels of weekly premiums are below:

  • Weekly premium < $40 = 10,000 Velocity Points
  • Weekly premium $40 - $59 = 20,000 Velocity Points
  • Weekly premium $60- $79 = 30,000 Velocity Points
  • Weekly premium $80 - $99 = 40,000 Velocity Points
  • Weekly premium $100 - $119 = 60,000 Velocity Points
  • Weekly premium $120+ = 70,000 Velocity Points

2&6 month waits waived on extras for new Medibank members taking up this offer: Other waiting periods apply (including 12 months on some dental services). If switching funds, any waiting periods you’ve already served for comparable extras will generally be recognised if you join Medibank within 2 months of leaving your previous fund. Annual limits apply. If switching funds, limits used from your previous fund may be deducted. If you’ve reached your limits from a previous fund you may not be able to claim straight away.


All your questions asked and answered.