I regularly redeem Qantas Award flights.
I decided to have a look at redeeming Velocity Award flights.
With Qantas you can change or cancel an award flight (up to 24 hours before the flight) and you only get charged 5000 points.
I did a search on the Velocity website for flights on V Australia from Sydney to LA. Not only did it require more points then on Qantas, but they charge a penalty fee of 55,000 points (or $550) to cancel the flight.
Looking at Virgin Blue domestic flights, I noticed that they also had higher fees and more restrictions on changes and cancellations including the fact that they won't refund your points, but will only give you a limited time credit less a fee.
Velocity has a long way to go in my opinion. I believe the penalty charges are much more than the other frequent flyer programs that I redeem points for - Qantas, Thai airways & Singapore airlines.
I decided to have a look at redeeming Velocity Award flights.
With Qantas you can change or cancel an award flight (up to 24 hours before the flight) and you only get charged 5000 points.
I did a search on the Velocity website for flights on V Australia from Sydney to LA. Not only did it require more points then on Qantas, but they charge a penalty fee of 55,000 points (or $550) to cancel the flight.
Looking at Virgin Blue domestic flights, I noticed that they also had higher fees and more restrictions on changes and cancellations including the fact that they won't refund your points, but will only give you a limited time credit less a fee.
Velocity has a long way to go in my opinion. I believe the penalty charges are much more than the other frequent flyer programs that I redeem points for - Qantas, Thai airways & Singapore airlines.