Velocity or QFF points ?

[knight4success]

Though I have a NAB Velocity Credit Card. I thought (for some reason) that this was the way to go.

I am not sure if in a year I should stay with velocity point or get a Qantas FF Credit card. :?:

I have both the NAB AMEX and Visa (recent application) both linked to my Velocity Card....

Should I stay or should I go ? (<--- also nice lyrics to a song I know

 

[Yada Yada]

Though I have a NAB Velocity Credit Card. I thought (for some reason) that this was the way to go.

I am not sure if in a year I should stay with velocity point or get a Qantas FF Credit card. :?:

I have both the NAB AMEX and Visa (recent application) both linked to my Velocity Card....

Should I stay or should I go ? (<--- also nice lyrics to a song I know

It depends! :mrgreen:

Without knowing your situation more clearly it is difficult to know. There is nothing stopping you from being in both FF programs (many of us here do that). If you are saving up points and don't want them split between two programs then select the one that offers the best bang for your buck not only in terms of points required for flights, but also destinations, ease of getting a seat, etc etc.

 

[knight4success]

Basically I am after points that will get me stuff - preferablly travel or tech stuff. Without reading all the conditions and reading all the posts on these forums I took a chance with the Velocity card - also liked their ad about 'redeemaphobia' - hopefully I won't be suffering from that with Velocity points.

I like the idea of travel insurance, protection insurance and extended warranty - free on the AMEX velocity (do Freq flyer cards offer the same?)

What's the point of having two types of FF cards - splitting up the strength isn't it ?

 

[Febs]

What's the point of having two types of FF cards - splitting up the strength isn't it ?

If you have to travel on two different airlines/FF schemes, you may as well earn points for both!

Eg: Some employers have a "best fare of the day" policy, where you must travel on the cheapest fare. This is often Virgin Blue.

 

[Kiwi Flyer]

Yup - also some places fly not served by preferred airline, if fly a lot having more options is a good thing

 

[Yada Yada]

Basically I am after points that will get me stuff - preferablly travel or tech stuff. Without reading all the conditions and reading all the posts on these forums I took a chance with the Velocity card - also liked their ad about 'redeemaphobia' - hopefully I won't be suffering from that with Velocity points.

I like the idea of travel insurance, protection insurance and extended warranty - free on the AMEX velocity (do Freq flyer cards offer the same?)

You might want to check the tech stuff available in the FF online stores - last time I looked there wasn't a great deal that I considered worthwhile for the price, given that it costs $ in addition to points.

Don't forget that redeeming points for travel will also require you to pony up some $ to pay the obligatory fuel fines and taxes, so this is not completely free either. However QF does now offer a system where you can pay for fines/taxes with points too, but if memory serves this is only for domestic travel.

Many of us find that points are better used to request an upgrade from ecomomy to business class or from business to first class.

I don't think either QF or Velocity FF schemes offer travel insurance.

 

[knight4success]

I don't think either QF or Velocity FF schemes offer travel insurance.

The AMEX Velocity (NAB) card offers travel insurance if 50% is purchased with the AMEX card.

Basically I am not a frequent flyer or business person that travels alot - just collecting points - experimenting and let's see if it becomes of use in 1-2 years - otherwise goodbye to the credit cards and probably to this forum

 

[straitman]

The AMEX Velocity (NAB) card offers travel insurance if 50% is purchased with the AMEX card.

Basically I am not a frequent flyer or business person that travels alot - just collecting points - experimenting and let's see if it becomes of use in 1-2 years - otherwise goodbye to the credit cards and probably to this forum

Good luck.

 

[SeaWolf]

The trick with the credit cards is to make sure you're actually using them a lot. It's no good going with a credit card that's going to hit you with a $99 annual fee, but you only get yourself about 2000 points a year on it. If that's happening then you'd be better off hanging onto the $99 each year and just buying the flights outright.
Also, if you're not paying off the card every month, watch out for the interest rates. Some cards offer you more reward points, but hit you with a higher interest rate in exchange. If you pay off the card straight away, it's no problem, but if you don't then you may be better off selecting a card with less points but a lower interest rate. Then you can just use the money you save on interest to buy flights.

 

[Evan]

Seawolf was right on the money !
If you use your rewards maximizer amex for about 13-14k dollars in a year you get a reward flight MEL-SYD return as an example.
Of course paying interest and fee's quickly makes it not worthwhile so watch out for that.

Flying internationsl or lots of domestic also gets you lots of points quickly.
8 x MEL-SYD return trips will get you a points reward of the same trip. (Thats diso**** economy for a bronze, less for other classes and status's)

Evan

 

[knight4success]

Another reason I like the AMEX is I get :
1. 90 purchase protection - for lost or stolen thing s I have purchased
2. automatic extended warranty - 1 and 2yr become 3ys; 3->4, 4->5 years warranty
3. and the travel insurance (not that I travel heaps) but it sounds nice

I will have to think over whether 10-15k points (hope to get in this range) a year will be worth the $135 annual fee or is it worth keeping just for the above 3 points ? :shock:

What do you think ?

Do other AMEX cards offer the above 3 things ?