I had a look today and the difference between BP Ultimate and budget petrol is ~26c/L. For 30L that's quite a difference so the question comes down to do you want to spend $7.80 for 1,000 Velocity points? Compared to flights that's a cheap way to earn points.
I agree with you. Totally happy to spend $7.80 for 1000 points since after conversion to Krisflyer it works out as $31 worth of points for J from LHR to MEL. Wouldn't have done it if I wasn't needing petrol though - I only fill up once every 2-3 weeks.
Also, in case anyone's interested, here are the T&Cs for the 500/500 offer:
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Terms and Conditions
˜Available at
participating BP service stations. Points capped at 150 litres of fuel and $100 of in-store shop, per transaction. Points will not be earned on selected purchases, including but not limited to tobacco, fleet and gift cards.
View the full list of exclusions. BP Australia Pty Ltd ABN 53 004 085 616.
^To be eligible for the bonus Points promotion, members must successfully activate the bonus Points offer online between 21 April 2016 and 5 May 2016 and then complete an eligible fuel transaction, including filling up a minimum of 30 litres and swiping their Velocity membership card or a BP temporary card, between 21 April 2016 and 5 May 2016. Members will earn 500 bonus Velocity on their first eligible fuel transaction made between 21 April 2016 and 5 May 2016. To be eligible to earn the additional 500 bonus Points (1,000 Points in total), members must have successfully activated the bonus Points offer online between 21 April 2016 and 5 May 2015 and complete an eligible Ultimate fuel (petrol or diesel) transaction by purchasing 30 litres or more, including swiping their Velocity membership card or a BP temporary card, between 21 April and 5 May 2016. This offer has been sent to specific members and is not transferrable. Members should allow up to 5 weeks after 5 May 2016 for the bonus Points to be allocated.
*Based on a vehicle range of at least 650km per tank for petrol and at least 850km per tank for diesel.
To earn and redeem Velocity Points you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the
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