Velocity and IHG opened a double-points offer, and Revolut introduced its Ultra plan in Australia. Here is the rewards news from 22–28 June 2026.
Velocity and IHG opened a double-points offer on 22 June
Virgin Australia's dated offer terms say that members of both Velocity Frequent Flyer and IHG One Rewards could register from 22 June to 5 July 2026. After registration, eligible direct bookings and stays at participating IHG hotels from 22 June to 30 September 2026 earned twice the usual Velocity Points. Registration closes on 5 July, with eligible stays ending on 30 September.
The conditions mattered. Members had to select Velocity as their IHG earning preference before check-in. Reward Nights, Points & Cash stays, and bookings through third-party sites did not qualify. At participating Australian hotels, the usual rate was 3 Velocity Points per eligible A$1. On an eligible A$100 room rate, that meant 300 base points plus 300 bonus points, or 600 points total. I would check the hotel rate and the points I would give up in IHG One Rewards before choosing Velocity for a stay.
Revolut Ultra entered the Australian points comparison
Point Hacks reported on 22 June that Revolut had introduced its Ultra plan in Australia. It is a debit-card plan, not a credit card. Revolut's plan page lists one RevPoint per eligible A$1 spent and airport lounge entry. Its lounge terms say complimentary passes are for the member at select lounges, subject to availability; guest passes cost extra.
The published price was A$99.99 a month, or A$999 a year. Revolut's dated discount terms show that an invited eligible customer could get 10% off the first three monthly fees between 11 June and 10 July 2026. It also required a 12-month plan, so three discounted months did not make this a three-month commitment. For a points-focused reader, the full plan fee and the airline transfer rate matter more than the headline earn rate.