If you’re just a little short of the points needed for a Virgin Australia Velocity reward booking, you can buy additional points using Velocity Points Booster!
From 1-8 October 2024, Velocity Frequent Flyer is even giving up to a 30% discount on all Points Booster purchases.
You can purchase up to 250,000 Velocity Frequent Flyer points per calendar year. But there may be a more cost-effective way to get the extra points you need for your Velocity redemption…
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How Velocity Points Booster works
You can buy Velocity points on the Velocity Frequent Flyer website. It’s also possible to do this by calling the Velocity Membership Contact Centre, however an additional fee applies.
There is no limit to the number of times you can buy points – but there is an overall annual purchase limit of 250,000 points. Before you can buy points, you need to already have at least one Velocity point in your account.
You can purchase points in increments of 500 points up to 5,000 points, then increments of 1,000 points up to 50,000 points. When purchasing more than 50,000 Velocity points, you’d need to buy in increments of 10,000 points. The minimum purchase amount is 1,000 points.
Prices start at $36 for 1,000 Velocity points, or 3.6 cents per point, at full price. It becomes a little cheaper as you purchase more points. Buying 50,000 points costs $1,172, which gives a cost of 2.34 cents per point. The maximum 250,000 Velocity points would cost $5,850 (also 2.34 cents per point).
Here is the Velocity Points Booster pricing table from the Velocity Frequent Flyer website:
Discounts on Velocity points
Velocity Frequent Flyer typically offers small discounts on buying points around 3-6 times per year. These discounts may be tiered, giving a higher discount if you buy more points.
During the current promotion this week, you can get a 20-30% discount when buying points through Velocity Points Booster. This offer expires on 8 October 2024.
The discount is tiered, with larger discounts available when buying more points:
- Buying 1,000 – 90,000 Velocity points gets a 20% discount
- Buying 100,000 – 250,000 Velocity points gets a 30% discount
40% is the maximum discount that Velocity has offered in the past.
Beware that Velocity Points Booster transactions are processed by Points.com outside of Australia. While prices are in Australian Dollars, this means your bank could charge an international transaction surcharge if you don’t pay using a credit card without foreign exchange fees. It’s also possible that your transaction may not process if the email address used has a unique domain name.
When does it make sense to purchase Velocity points?
The short answer is… rarely! Even at the best full-price rate, you’re paying 2.34 cents for each Velocity point (excluding any discounts or bonuses). Unless you’re redeeming the points for a highly valuable Business Class reward flight or upgrade, it’s unlikely you’d be able to get much more value than that out of your points when redeeming them.
It could make sense to buy points with Velocity Points Booster if you’re just a little bit short of a valuable reward. The points will credit to your account instantly, so it could be worth it if you need a small amount of additional points quickly.
But there are other ways to earn small amounts of Velocity points, such as shopping at 7-Eleven or transferring Flybuys points to Velocity.
During a good promotion, buying Velocity Frequent Flyer points may be worthwhile if you will be able to use them to book a valuable Business Class reward flight. For example, you might be able to redeem Velocity points for a long-haul Business flight operated by a partner airline like United or Singapore Airlines.
A more cost-effective way to earn large amounts of Velocity points is by taking advantage of Velocity credit card sign-up bonus offers. However, the points can take some months to arrive in your frequent flyer account. If you need Velocity points quickly, you could consider transferring points from a family member instead.
Great Credit Cards for Earning Virgin Australia Velocity Points
- Card Name
- American Express Explorer Credit Card
- Earn
- 2
- Signup Bonus
-
50,000 bonus Membership Rewards Points
- Annual Fee
- $395 p.a.
- Read more
- Go to offer
American Express Membership Rewards points on everyday purchases
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