Join an eligible Medibank hospital and extras cover to earn up to 70,000 Points*.

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Medibank Cyber Incident

Please visit for important information and latest updates about the recent cyber incident at Medibank.

Fly to your happy place with Medibank and live better

Where is your happy place? It’s time to do your health a favour and fly there. A regular holiday can reduce your anxiety and stress levels. Plus, who doesn't love a holiday?

By joining an eligible Medibank hospital and extras cover, you can earn up to 70,000 Points. That means you can get to your happy place more often and feel, well, ahh...happy! 

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




 ~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 for Velocity Points. Minimum direct debit period fortnightly.

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.

T&Cs, limits, exclusions and eligibility criteria apply. Offer available to Australian residents only and not available to those who have held a Medibank or ahm policy in the previous 12 months. 

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. 

Terms and Conditions:

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 from 1 December 2022, quote the promo code VELOCITY, enter the Velocity member number of the policy holder joining, hold the same policy and remain up-to-date with premium payments 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 and Status Credits are subject to the Velocity Member 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.

The level of Velocity Points you could earn for taking out a policy that meets the above criteria 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.

Points offered for different levels of weekly premiums are below:

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

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.

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, any waiting periods you've already served for comparable extras will generally be recognised if you join Medibank withing 2 months of leaving your previous funnd. 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.

Medibank Cyber Security Incident

Please visit for important information and latest updates about the recent cyber incident at Medibank.


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