Commonwealth Bank

Special introductory offer

If you pre-register now or opt in to Auto Transfer within the first 6 months it’s available (by 5 May 2027), you’ll get access to exclusive rewards².

Find out how to pre-register

$0 annual opt-in fee for your first 12 months

Enjoy a $0 annual opt-in fee for your first 12 months, normally $99².

20% bonus Velocity Points

If you are eligible and opting into Velocity Auto Transfer for the first time, you will receive 20% bonus Velocity Points on eligible transfers for your first six months, up to 20,000 bonus Velocity Points².

Why we love CommBank Yello

Automatic monthly transfer to Velocity

Your eligible CommBank Yello points will automatically transfer to Velocity each month¹, just set and forget - it's that easy.
Exclusive Virgin Australia pre-sales

Eligible CommBank Yello customers will get access to selected Virgin Australia flight sales, before they go on sale to the general public.
More ways to turn points into travel

2.5 CommBank Yello points = 1 Velocity Point when your eligible CommBank Yello points automatically transfer to Velocity each month¹.
Points come from more places

Earn CommBank Yello points across a range of banking products, including eligible home loans, transaction accounts and credit cards, as well as everyday banking.

Ready to get started?

Pre-register now in the CommBank app and be ready for more travel rewards when Velocity Auto Transfer becomes available on 5 November 2026.

Pre-register now
Pre-register for Velocity Auto Transfer by tapping 'CBA Yello' in the CommBank app. Scroll down to 'Get more from CommBank Yello', find the Velocity offer and provide your details.
Auto Transfer becomes available 5 November 2026
CommBank will use your details to process your enrolment when Velocity Auto Transfer becomes available.
Your first transfer is 25 November 2026
All of your eligible CommBank Yello points will then automatically transfer to Velocity Points each month¹.

To pre-register, you will need:

To be an eligible CommBank Yello customer
An active Velocity Frequent Flyer membership
Your Velocity Frequent Flyer number
A first and last name that matches those registered with both your Velocity and CommBank Yello accounts

Don't have a Velocity membership? Join Velocity Frequent Flyer for free.

Not sure how it all works?

Pre-Registration FAQs

From 1 October 2026 to 4 November 2026 (dates subject to change), eligible CommBank Yello customers can pre-register to opt-into Auto Transfer of CommBank Yello points to their Velocity account. You can opt-in via the CommBank Yello pre-registration page available within the CBA Yello section of the CommBank app.

Please ensure your first and last name in your CommBank account match your details in your Velocity Frequent Flyer account to allow CommBank to process your Auto Transfer.
Pre-registration will authorise CommBank to process your Auto Transfer opt-in from 5 November 2026 and you will receive a confirmation email on our around 5 November if you have been successfully opted in. Your first Auto Transfer will occur on 25 November 2026.

You do not need to take any further action, provided the information you provide is complete and your first and last name in your CommBank Yello account matches your first and last name in your Velocity account, and the Velocity Membership ID you have provided is correct.
Your accumulated CommBank Yello points balance will be automatically transferred to your nominated Velocity account on or around the 25^th November, provided you have a minimum 3 CommBank Yello points in your account. Eligible future points will be automatically transferred on the same date each month thereafter.

CommBank Yello points are converted to Velocity Points at a rate of 2.5 CommBank Yello points to 1 Velocity Point.

For example, 2,500 CommBank Yello points will convert to 1,000 Velocity Points.
If successful, you will receive an email from CommBank Yello to confirm opt-in to Auto Transfer from around 5 November 2026.

If you do not receive email confirmation by 20 November 2026, please opt-in to Auto Transfer again via the CBA Yello section in the CommBank app. If you still cannot opt in, please contact the CommBank Yello Customer Support team on 1300 935 561 (Mon – Fri, 8am – 8pm AEST).
From 5 November onwards, you will be able to opt out of Auto Transfer at any time via the CommBank app:

Click into the CBA Yello section and select the ‘ways to redeem’ link at the top of the app
Select Transfers, then Velocity Frequent Flyer Auto Transfer
Select the option to opt out of Auto Transfer

Special Introductory Offer FAQs

Eligible CommBank Yello customers who opt-in to Auto Transfer to Velocity between 5 November 2026 and 5 May 2027* inclusive will receive:

20% bonus Velocity Points on eligible Auto Transfer transfers for six months from the date they opt-in, up to a maximum of 20,000 bonus Velocity Points; and
a waiver of the $99 annual Auto Transfer fee for the first 12 months.

CommBank Yello customers who successfully pre-register for Auto Transfer between 1 October 2026 and 4 November 2026 will be included in this offer.

*This is intended to be the 6-month period following the Auto Transfer launch date, the launch date may change.
You’ll receive 20% bonus Velocity Points on all Auto Transfers made during the first six months from the date you opt-in. If you opted in as part of pre-registration, your opt-in date will be counted as 5 November 2026.

The bonus is capped at 20,000 bonus Velocity Points across the six-month period and will be awarded monthly at the end of each month alongside your Auto Transfer.

As an example, 250 CommBank Yello points converts to 100 Velocity Points at the standard transfer rate of 2.5 Yello points to 1 Velocity Point. With the 20% bonus, you’ll get an extra 20 Velocity Points – giving you 120 Velocity Points in total.

This offer is only available once per CommBank Yello customer, at the time that you first opt-in to Auto Transfer to Velocity.
If you opt-in to Auto Transfer to Velocity before 5 May 2027, you will have the annual Auto Transfer fee waived for the first 12 months from the date you first opt-in. If you pre-register, your opt-in date will be counted as 5 November 2026.

The standard annual Auto Transfer fee will apply thereafter. This offer is only available once per CommBank Yello customer, at the time that you first opt-in to Auto Transfer to Velocity.

Important information

Your Velocity Auto Transfer will not start when you pre-register. Pre-registration allows your enrolment to be processed when Velocity Auto Transfer becomes available on 5 November 2026.

Your first Auto Transfer is scheduled for 25 November 2026. After that, eligible CommBank Yello points will automatically transfer to Velocity Points each month. Once enrolled, you will be able to cancel Auto Transfer at any time in the CommBank app¹.

Terms and Conditions

¹CommBank Yello Velocity Frequent Flyer Auto Transfer Offer Terms & Conditions

The CommBank Yello Velocity Frequent Flyer Auto Transfer offer is available for all eligible CommBank Yello customers. Eligibility of CommBank Yello is subject to the CommBank Yello Program Terms and Conditions as amended from time to time, available on the CommBank Yello website.

CommBank Yello customers must be a Velocity Frequent Flyer (Velocity) Member in order to opt into Auto Transfer. Membership of Velocity is the cardholder’s responsibility and is subject to the Velocity membership Terms and Conditions as amended from time to time, available at the Velocity website.

From 1 October 2026 to 4 November 2026 (dates subject to change), eligible CommBank Yello customers may pre-register for the CommBank Yello Velocity Frequent Flyer Auto Transfer offer. Pre-registration is available via the CommBank Yello hub within the CommBank app.

Pre-registration authorises CommBank to process the opt-in to Auto Transfer to Velocity from 5 November 2026. No further action is required, provided the information supplied is complete, accurate and successfully verified.

By pre-registering and opting in, customers consent to CommBank collecting, using and sharing relevant personal and membership information to verify eligibility, complete the opt-in and administer the offer.

Personal details and the Velocity Frequent Flyer membership number must exactly match the details recorded on the relevant Velocity Frequent Flyer account. If the details cannot be verified or do not match, the opt-in may not be completed. The personal information you enter will be provided to Velocity to process your enrolment in Auto Transfer and will be handled in accordance with their Privacy Policy.

Confirmation will be sent by email once the opt-in is complete. Customers who successfully opt-in and have a minimum of 3 CommBank Yello points in their CommBank Yello account will have all of their available CommBank Yello Points automatically transferred to their linked Velocity Frequent Flyer account as Velocity Points on 25 November 2026. After this date, CommBank Yello points will be automatically transferred to Velocity Points on or around the 25^th of each month, provided customers remain opted-in and have a minimum 3 Yello points in their CommBank Yello account.

To automatically transfer CommBank Yello points to Velocity Points, CommBank Yello customers agree to these CommBank Yello x Velocity Frequent Flyer Terms & Conditions, and must opt-in to Auto Transfer by providing their nominated Velocity Frequent Flyer membership number via the Transfers section of the CommBank Yello app. Once you opt-in to Auto Transfer, provided you have a minimum of 3 CommBank Yello points in your CommBank Yello account, your entire accumulated points balance for your CommBank Yello account, as at the time of transfer, will be automatically transferred to your nominated Velocity Frequent Flyer account. CommBank Yello points are transferred to Velocity Points at a conversion rate of 2.5 CommBank Yello points to 1 Velocity Point.

An annual opt-in fee (currently $99) applies, unless otherwise stated. The Annual Fee is payable at the time of opting-in to Auto Transfer in the CommBank Yello app and covers a 12-month period from the date of opt-in. Commbank Yello customers who opt out prior to the end of their 12-month Auto Transfer period will not be refunded or partially-refunded the Annual Fee for that period. If a CommBank Yello customer opts out and back into Auto Transfer during such 12-month period, the customer will not be charged another Annual Fee until that 12-month period ends.

The redemption of CommBank Yello points is administered solely by CommBank Yello and in accordance with the CommBank Yello Program Terms and Conditions. CommBank Yello points will be automatically transferred to Velocity Points on a monthly basis and transfers may take up to 5 business days to transfer into the nominated Velocity Frequent Flyer account. CommBank Yello points must be transferred to Velocity in increments of 2.5 CommBank Yello Points. Fractions of Velocity Points will not be allocated. Points can only be transferred to a Velocity account in the exact same name as the primary cardholder of the CommBank Yello account. CommBank Yello points transferred to Velocity and membership of Velocity is subject to the Velocity membership Terms and Conditions, as amended from time to time. Once CommBank Yello points have been converted to Velocity Points, they are governed by the Velocity membership Terms and Conditions and cannot be reversed or converted back to CommBank Yello points.

CommBank Yello customers who have opted-in to the CommBank Yello Velocity Frequent Flyer Auto Transfer offer, must remain an eligible CommBank Yello customer in accordance with the CommBank Yello Program Terms and Conditions, in order for customers to access CommBank Yello and continue to have CommBank Yello points automatically transferred to Velocity Points per month. Please note CommBank Yello customers can only be opted into one Auto Transfer program at a time.

Offer commenced 1 October 2026. CommBank Yello and Velocity Frequent Flyer reserve the right to continue, withdraw or change the offer from time to time.

Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.

²CommBank Yello x Velocity Frequent Flyer Launch Offer:

The CommBank Yello and Velocity Frequent Flyer Launch Offer (Offer) is available to individuals who meet the following criteria (Members):

are CommBank Yello customers;
are Velocity Frequent Flyer members; and
opt-in to Auto Transfer from CommBank Yello to Velocity Frequent Flyer for the first time between 5 November 2026 and 5 May 2027 inclusive (being the 6-month period following the Auto Transfer launch date, subject to the launch date changing).

Under the Offer, Members will receive:

20% bonus Velocity Points for six months from the date they first opt-in to Auto Transfer from CommBank Yello to Velocity Frequent Flyer; and
First year annual Fee ($99) waived for 12 months from the date they first opt-in to Auto Transfer from CommBank Yello to Velocity Frequent Flyer.

Members can opt-in to Auto Transfer via the Transfers section of the Commbank Yello app. This Offer is only available once per Member, at the time that you first opt-into Auto Transfer to Velocity.

20% Bonus Velocity Points: The 20% bonus Velocity Points will be awarded on all Auto Transfers made for six months from the date of opting into Auto Transfer, up to a maximum of 20,000 bonus Velocity Points. For the avoidance of doubt, if a Member opts in to Auto Transfer on 5 May 2027, the Member will receive the 20% bonus Velocity Points on eligible Auto Transfers made between 5 May 2027 and 5 November 2027.

Bonus Velocity Points will be awarded monthly at the end of each month, at the same time as the Member's CommBank Yello points are Auto Transferred to their Velocity account. Bonus Velocity Points will be rounded to the nearest whole point (no fractional points are allocated).

Auto Transfer First Year Annual Fee Waiver: The annual Auto Transfer opt-in fee of $99 will be waived for the first 12 months from the date the Member first opts in to Auto Transfer under the Offer. First year annual fee waiver will apply only for the first time a Member opts into Auto Transfer from CommBank Yello to Velocity Frequent Flyer. After the first 12 months, an annual fee of $99 will apply to Auto Transfer, subject to the CommBank Yello Program Terms and Conditions as amended from time to time, available on the CommBank Yello website.

CommBank Yello Velocity Frequent Flyer Auto Redemption Offer Terms & Conditions and Velocity membership Terms & Conditions apply.

Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.

Bank on a getaway

Automatic monthly transfer to Velocity

Exclusive Virgin Australia pre-sales

More ways to turn points into travel

Points come from more places

Where could your everyday take you?

Pre-Registration FAQs

How do I opt-in to Auto Transfer prior to 5 November?

What happens after pre-registration?

How will Auto Transfer work come 5 November?

What do I do if I am having difficulty opting-in or if I haven’t received confirmation of opt-in to Auto Transfer on or around 5th November?

How can I opt out of Auto Transfer if I change my mind?

Special Introductory Offer FAQs

What is the CommBank Yello x Velocity launch offer?

How does the 20% bonus Velocity Points offer work?

How does the first-year annual fee waiver work?

Yello there, a great time to join

Pre-register now

Auto Transfer becomes available 2 November 2026

Your first transfer is 27 November 2026