More ways to earn Velocity Points
Whether you're getting a quote or ready to join, see how you can earn Velocity Points with Medibank. T&Cs apply.*
Get a quote & earn 1,000 Velocity Points
Get a Medibank health insurance quote online and provide your valid Velocity Frequent Flyer membership number to receive 1,000 Velocity Points.
These Velocity Points are limited to one allocation per Velocity Frequent Flyer member under this offer.
Join Medibank & earn up to 140,000 Velocity Points
Ready to take the next step? Join and maintain eligible Medibank Hospital and Extras cover, or Hospital only cover to receive up to 140,000 Velocity Points plus 6 weeks free after the first 42 days. We'll also waive the 2&6 month waiting periods on Extras.
Use promo code VELOCITY when joining and enter your valid Velocity member number.
How many Velocity Points will I earn when I join?
Join Medibank and get up to 140,000 Velocity Points.* Check out the table here to see what you're eligible for:
Medibank Weekly Premium Range |
Velocity Points Earned |
|---|---|
| $170+ | 140,000 |
| $140 - $169 | 100,000 |
| $110 - $139 | 70,000 |
| $75 - $109 | 50,000 |
| $55 - $74 | 30,000 |
| <$54 | 20,000 |
Must be a new Medibank member who has not held Medibank or ahm hospital cover in the last 12 months and hold the same eligible cover for 120 consecutive days to be eligible for the Velocity Points.
How to get your Velocity Points
Step 1
Pick the cover that's right for you and get a quick quote
Step 2
Enter the promo code VELOCITY and your Velocity membership number when joining
Step 3
Alternatively, you can call Medibank on 1800 695 463 or head into a Medibank store
Step 4
You will receive your Velocity Points after 120 days from your policy start date
Frequently Asked Questions
Why choose Medibank?
With over 50 years of experience, we understand what better health means.
Accident Cover Boost
With our Accident Cover Boost, you could get Gold level Hospital benefits if you have an Accident and hold eligible Hospital cover, regardless of your level of cover.+
Access to one of the largest health provider networks in Australia
With over 8500 provider locations Australia-wide it’s easier than ever to access our Members' Choice providers who offer discounts and/or capped fees to Medibank members.1 Find a provider.
24/7 Medibank Nurse & Mental Health Support
Medibank health insurance members can chat to a registered nurse or mental health professional and get guidance on what they can do next. Call 1800 644 325 or chat online any time of the day or night, 7 days a week at no extra cost.2
100% back on dental check-ups twice a year on eligible extras
Here’s something to smile about – Medibank members with eligible extras cover or more get 100% back on up to two dental check-ups every year, including x-rays, at any Members’ Choice Advantage dentist.3
100% back on optical on eligible extras
At Medibank we think you deserve to see the world clearly. That’s why when you join eligible Medibank extras you get 100% back on optical items at all recognised providers up to annual limits.4
Medibank at home
With your doctor's support, eligible members can choose whether a treatment is delivered in the hospital or home, with a range of services, such as rehabilitation and chemotherapy.5
Our customers say
Switching to Medibank is easy
Moving to one of Australia’s leading health funds is easy! Did you know, you can switch health insurance at any time? But remember: you need to join Medibank within 2 months of leaving your previous Australian health fund if you want the waiting periods you've already served to be recognised.>
Join Medibank and start to live better
Join and maintain eligible Medibank hospital & extras cover or hospital only cover to receive up to 140,000 Velocity Points plus 6 weeks free after the first 42 days. We'll also waive your 2&6 month waiting periods on extras. Plus, get 1,000 Velocity Points for completing a quote.
New Medibank members only. Must be a current Velocity member. Offer ends 29 October 2026, 11:59pm AET.*
Things you should know
+ For Accidents that occur in Australia after your cover starts. Must seek medical treatment within 7 days, and receive hospital treatment within 12 months of the Accident occurring. Excludes Private Emergency Department Benefit, hospital bonus, claims covered by third parties and our Private Room Promise. Out of pockets may apply.
1 Members’ Choice providers are not available in all areas and may change without notice.
2 Some referred services may involve out of pocket costs and waiting periods may apply.
3 Eligible members on Medibank extras (excluding Healthy Living Extras and Gold Ultra Health) can claim a maximum of two 100% back dental check-ups per member, per year at a Members’ Choice Advantage provider (including bitewing x-rays where clinically required). For members on eligible extras, the first two check-ups do not count towards your annual limit. Members with Healthy Living Extras can get 100% back on one dental check-up each year at a Members’ Choice Advantage provider (including up to two bitewing x-rays, where clinically required) or at a Members’ Choice provider (excluding x-rays). Members with Gold Ultra Health can get 100% back on up to three dental check-ups at a Members’ Choice or Members’ Choice Advantage provider. Members’ Choice and Members’ Choice Advantage providers are not available in all areas. Some products may have other dental benefits, check your cover summary for details.
4 Excludes Healthy Living Extras. Applies to prescription glasses and select contact lenses. Some lens coatings are excluded. 6 month waiting period applies.
5 Not available in all areas. Must have eligible hospital cover, all relevant waiting periods must have been served and treating doctor must consider it appropriate. Out of pocket expenses may apply. Chemotherapy, palliative, infusion and dialysis program not available in all areas.
> You need to join Medibank within 2 months of leaving your old fund, or waiting periods apply again. Also, benefits that have been paid under your previous cover will be taken into account in determining the extras benefits payable under your Medibank cover
*1000 bonus Velocity Points Offer: Velocity is not the issuer or arranger of any health insurance product. Any information provided is general only, is not advice and has been prepared without taking into account your circumstances.
For new members on new memberships who have not held Medibank or ahm health cover in the last 12 months (unless a dependant coming off parents’ cover) and who are Australian residents. Policyholder of new Medibank cover must be a current member of the Velocity Frequent Flyer program (a Velocity member). The offer is valid between 1 October 2026 12.00am AEST and 29 October 2026 11.59pm AEST .
Health insurance is issued by Medibank Private Limited ABN 47 080 890 259, a registered private health insurer.
Must meet following criteria to receive your 1000 bonus Velocity Points: Get a health insurance quote, provide your valid Velocity Frequent Flyer membership number and agree to be contacted by a Medibank consultant regarding health insurance and your quote This is for the purpose of validating your eligibility for this offer and facilitating the awarding of the Velocity Points. Your personal information for the administration of this offer will be handled in accordance with the Medibank Privacy Policy.
Velocity Points: Velocity Points will be credited to the eligible Velocity membership account within 5 business days of meeting the offer requirements. Velocity membership and Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time. Bonus Velocity Points are limited to one allocation per Velocity Frequent Flyer member under this offer.
* Medibank health insurance x Velocity points join offer:
General terms: Velocity is not the issuer or arranger of any health insurance product. Any information provided is general only, is not advice and has been prepared without taking into account your circumstances.
For new members on new memberships who have not held Medibank or ahm health cover in the last 12 months (unless a dependant coming off parents’ cover) and who are Australian residents. Policyholder of new Medibank cover must be a current member of the Velocity Frequent Flyer program (a Velocity member).
Must meet following criteria to receive Velocity Points, 6 weeks free and 2&6 month waits waived on eligible extras (if you join extras cover): join and start eligible Medibank hospital or hospital and extras cover between 12.00am 1 September 2026 - 11.59pm AET 29th October 2026; must set up direct debit, quote promo code VELOCITY and enter the Velocity member number of the policyholder joining.
Eligible Medibank Hospital Only cover or Hospital and Extras cover excludes Corporate, Ambulance only, Extras only, Overseas Visitors (OVC), Overseas Student Health Insurance (OSHC), Working Visa Health Insurance, Travel Insurance, Pet Insurance, Funeral Insurance, Life Insurance 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 Points: Must maintain direct debit and hold the same level of eligible cover or above for at least 120 consecutive days from the policy start date in order to be credited Velocity Points in the fifth month. Points may not be allocated where the policy is cancelled or refunded, or where payments are in arrears. Velocity membership, Points earn and redemption are subject to the Velocity member Terms and Conditions, as amended from time to time.
The level of Velocity Points you could earn is determined by referring to the weekly premium quoted for a policy, (before any adjustment for the Australian Government Rebate on private health insurance and excluding any Lifetime Health Cover loading, Young Adult Discount or any other discount or promotion) regardless of the payment frequency selected - see table of rewards points offered for different levels of weekly premiums at medibank.com.au/velocity.
Points offered for different levels of weekly premiums are below:
Weekly premium < $54 = 20,000 Velocity Points
Weekly premium $55 - $74 = 30,000 Velocity Points
Weekly premium $75 - $109 = 50,000 Velocity Points
Weekly premium $110 - $139 = 70,000 Velocity Points
Weekly premium $140 - $169 = 100,000 Velocity Points
Weekly premium $170+ = 140,000 Velocity Points
2&6 month waits waived on eligible extras for new Medibank members who join Hospital and Extras cover: 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.
6 weeks free: Must maintain direct debit and hold the same eligible level of cover or above for 42 consecutive days from the policy start date in order to be eligible to get the next 6 weeks free. The 6 weeks free will not be issued if you change to an ineligible cover, terminate or suspend your cover, or where payments are in arrears during the 42 consecutive day period.