Redeeming points

[wallacej]

Currently Velocity has $1000 gift card for 110,000 points. Given I just transferred points over from Diners, at a 50% bonus, does this seem like a good deal?

I tend not to redeem for domestic flights as that seems a total waste... I compared pricing on a new camera and an iPod for example and it just seemed that the $1000 Myer gift card was the way to go.

An Ipod 80gb Nano is 47,000 points or you can buy for about $270, and a camera that is about 79,000 points retails for about $550.

So based on this, am I missing anything, or does this gift voucher seem like excellent value?

The $500 voucher is 70,000 and the $100 voucher is 15,000.

Any thoughts??

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[JohnK]

I guess it all depends on what you want from your credit card or FF points. I don't feel that gift card or cash vouchers are decent value even taking into consideration bonus offers.

In my opinion redeeming points for long haul flights is better value....

 

[wallacej]

It is a bit of a toughie!!! It is one thing earning, but when it comes to burning them its not always so easy to decide....

 

[wallacej]

Placed my order, 28th June. Still has not arrived. Have contacted them and got an email back 2 days later saying it is going to be investigated and will get back to me...

Struth, didn't think a gift voucher would have been too difficult to arrange... This is my first redemption from Velocity, anyone else had issues, or has all been good in the past.

PS - I have noticed that the speed of posting points has improved greatly!