Receive up to 70,000 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 maintain eligible Medibank hospital and extras cover or hospital only cover to receive up to 70,000 Velocity Points. We'll also waive the 2&6 month waiting periods on extras.
Use promo code VELOCITY and enter your Velocity member number.
How many Velocity Points will I earn?
Get up to 70,000 Velocity Points.* Check out the table here to see what you're eligible for:
Medibank Weekly Premium Range |
Velocity Points Earned |
|---|---|
| $160+ | 70,000 |
| $130 - $159 | 60,000 |
| $100 - $129 | 40,000 |
| $70 - $99 | 30,000 |
| $50 - $69 | 20,000 |
| <$49 | 10,000 |
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 90 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 90 days from your policy start date
Frequently Asked Questions
Why choose Medibank?
With over 45 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 speak to a registered nurse or mental health professional at no extra cost.2 Chat over the phone or online to discuss general health or emotional concerns 24 hours a day, 7 days a week.
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
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 70,000 Velocity Points. We'll also waive your 2&6 month waiting periods on extras.*
Use promo code VELOCITY and enter your Velocity member number. New Medibank members only.
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 and select products that are no longer available for sale (for more information check your cover summary or check this page). Applies to prescription glasses and select contact lenses. Some glasses lens coatings and contact lenses are excluded. To find which specific items are included or excluded, call us on 132 331.
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
* Medibank health insurance x Velocity points 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 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 from 1 July 2025; 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, Accident only, Ambulance only, Extras only, Healthy Living Extras, 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 90 consecutive 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, 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, Youth 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 <$49 = 10,000 Velocity Points
Weekly premium $50 - $69 = 20,000 Velocity Points
Weekly premium $70 - $99 = 30,000 Velocity Points
Weekly premium $100 - $129 = 40,000 Velocity Points
Weekly premium $130 - $159 = 60,000 Velocity Points
Weekly premium $160+ = 70,000 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.