9 replies

Anthony Caruana

Virgin Australia - Velocity Rewards

Member since 21 Aug 2015

Total posts 1

What's better value? The Coles $0.04 fuel discount or the BP Velocity Points program?

Serg

QFF

Member since 12 Apr 2013

Total posts 872

Calculate by yourself. For example 256k of QFF points can buy business ticket to Europe. Considering taxes it about $7k value, so 7/256=2.7 cents per point. If you choose points you will have 2 points per litre or 5.4 cents instead of 4c savings. So looks like points are better.

Hugo

Member since 12 Jun 2013

Total posts 217

With the caveats:

a) It's only worth that if you would have actually paid that. If you're not willing to pay $7K for a biz-class ticket to Europe, but would be willing to pay $3.5K for one, then it's worth more like half that.

b) With cash you can buy a ticket any day you like, and you can do it at short notice if it suits you. Points are not so easy to use.

Overall, I'd take the cash rather than points. (Though, in reality, I don't burn enough litres of fuel per year to really give a damn.)

Serg

QFF

Member since 12 Apr 2013

Total posts 872

I am not willing to pay even 2K for business ticket, in fact I am willing that Qantas will give me free one pair per quarter (I am not that greedy, am I?), but unfortunately it will never happens. So if we talking specifically QF business than 7.5K is cheapest that I ever seen, so in my eyes it about $7K value after paying taxes. And in reality "everyday" QF business sells for more.

Agree with b) - one has to be very persistent and superflexible to utilize those points.

I personally take 4c discount because my in-laws use my everyday card to pump me a bit more points and they asking for 4c discount. And overall I agree - money today may be better value then points tomorrow. Though if points came for free like from card usage and I can (and did!) used them for business tickets, I fail to see why I cannot be very persistent and superflexible to fly like a human being instead of like a cattle.

Hugo

Member since 12 Jun 2013

Total posts 217

With the caveats:

a) It's only worth that if you would have actually paid that. If you're not willing to pay $7K for a biz-class ticket to Europe, but would be willing to pay $3.5K for one, then it's worth more like half that.

b) With cash you can buy a ticket any day you like, and you can do it at short notice if it suits you. Points are not so easy to use.

Overall, I'd take the cash rather than points. (Though, in reality, I don't burn enough litres of fuel per year to really give a damn.)

anonymous

Member since 24 Dec 2013

Total posts 97

Even better value is Woolworths Petrol's 4c discount used together with a Woolworths gift card purchased at 5% off.

11sjw

Member since 11 Mar 2012

Total posts 159

@anonymous makes the best point regarding discounts.  The discounted gift cards are a great way to purchase fuel and groceries.  Also the purchase of the gift cards counts as a grocery purchase for those with the relevant AMEX Card.

Determining value of points can only (IMO) be made against actual airfare prices instead of "what you're prepared to pay."  

For example we used QFF Points to book 3 PER-JFK return in J (on CX).  At the time of booking the flights were showing on the CX website at $9.5K each and approx $8k each at the time of travel.  Now I wouldn't pay either amount as that would blow our holiday budget apart!  However I believe that we can determine the value we obtained for our points based on the price of $8k each. 

Chris Chamberlin

Member since 24 Apr 2012

Total posts 1,091

Hi Anthony, welcome to AusBT. You may find this article useful: Fuel discounts vs frequent flyer points: which is better value?

kazda

Virgin Australia - Velocity Rewards

Member since 16 Sep 2014

Total posts 3

Like the idea of a Woolworths Gift Card purchased at 5% off.   Where do you buy the cards at the discount ?

kim

Qantas - Qantas Frequent Flyer

Member since 01 May 2013

Total posts 54

Ok I know I'll be booed but everyone went off topic

bp or Coles (webjet)

not woolies or Qantas or oneworld 

Hi Guest, join in the discussion on What's better value?

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