Live better with Medibank, take off with Velocity

Join and start eligible Medibank hospital & extras cover by 31 August, and you can earn up to 130,000 Velocity Points. Plus, we'll waive 2 & 6 month waiting periods on extras.*

Use promo code VELOCITY. New members only.

Pack your bags with up to 130,000 Velocity Points

There are so many ways to live better, and we think taking a well-earned holiday is one of them!

So, do your health a favour - join and start eligible Medibank hospital & extras cover by 31 August and you can earn up to 130,000 Velocity Points*.

How many points will I earn?

Get up to 130,000 Velocity Points* until 31 August 2021. Check out the table here to see what you're eligible for:

Medibank Weekly Premium Range

Velocity Points Earned

$120+ 130,000
$100 - $119 90,000
$80 - $99 70,000
$60 - $79 50,000
$40 - $59 30,000
<$40 15,000

Must be a new member who has not held Medibank or ahm hospital cover in the last 12 months. and hold the same level of continuous cover for at least 90 days to be eligible. Minimum direct debit period fortnightly. 

How to get your points

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Step 1

Pick the cover that's right for you and get a quick quote

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Step 2

Enter the promo code VELOCITY and your Velocity membership number when joining

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Step 3

Alternatively, you can call Medibank on 1800 695 463 or head into a Medibank store

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Step 4

You will receive your Velocity Points after 90 days from your policy start date

Frequently Asked Questions

Why choose Medibank?

With over 40 years of experience, we understand what better health means for our 3.7 million members.

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Accidental cover boost

If you have an Accident, you'll get the benefits of our Gold level hospital cover, no matter what level of hospital cover you have, thanks to our Accidental Injutry Benefit.#

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100% back on optical

Everyone deserves to see the world clearly. That's why when you join Medibank extras you get 100% back on optical items at all recognised providers up to annual limits.~

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24/7 Medibank Nurse

Members with hospital cover can call our phone service to speak to a Medibank nurse about their health concerns at any time of the day or night+.

Medibank - Velocity

Join Medibank and start to live better

Join and start eligible Medibank hospital & extras cover by 31 August and receive up to 130,000 Velocity Points. Plus, we'll waive 2 & 6 month waiting periods on extras*.

Go on, do your health a favour and fly to your happy place.

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.>

Things you should know

*Medibank Health Insurance Velocity Points offer: This offer is available to new Medibank members on new Medibank memberships who have not held a Medibank or ahm hospital cover in the last 12 months (unless a dependent coming off parents cover) and 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 policy by 31 August 2021, quote the promo code VELOCITY, enter the Velocity member number of the policy holder joining, hold the same policy and set up 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, noting the minimum direct debit period is fortnightly. 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 Member Terms and Conditions, as amended from time to time. 

The level of Velocity Points is determined by referring to the weekly premium quoted for a policy, (before any adjustment for the Australian Government Rebate and excluding any Lifetime Health Cover loading and Youth Discount) regardless of the payment frequency selected - see table of rewards points offered for different levels of weekly premiums at medibank.com.au/velocity.

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.

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). 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. For more information please visit here

#For Accidents that occure in Australia after your cover starts. Must seek medical treatment within 7 days, and receive hospital treatment within 12 months, of the Accident occuring. Excludes claims covered by third parties and our Private Room Promise. Out of pockets may apply.

~6 month waiting period applies. Some lens coatings excluded. 

+OSHC members should call the Student Health & Support Line on 1800 887 283.

>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

^Velocity redemption fares:
The quoted redemption fares are correct as at 24 May 2021 and are subject to change. Fares are subject to availability and seats are limited and may not be available at peak times or on all flights. Price is based on a one way economy Reward Seat fare and must be booked via the Velocity website. Taxes, fees and carrier charges are payable in addition to Velocity Points redeemed and are not eligible for Points earn. A Virgin Australia carrier charge is payable per sector, per person. View more information here. Price may vary until ticketed. All payments made by debit/credit card are subject to a payment surcharge. Add $40 or 5,200 Points for bookings made by phone. A checked baggage allowance is included in your fare, view Reward Seat Baggage Allowances for details. Name changes are not permitted. Other changes, refunds and cancellation are permitted prior to travel and may incur a fee and any applicable fare difference. You may also be entitled to a refund under Australian Consumer Law in certain circumstances. View the Velocity Reward Seat fare rules for more information. Some flights may be operated by a partner airline. Full terms and conditions are at velocityfrequentflyer.com.

Have questions?

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