Virgin Australia’s Velocity members can now purchase frequent flyer points directly from Virgin Australia to top-up their Velocity balance.
Handy if you’re a few points short of a ‘free’ flight or upgrade to business class, members can buy up to 20% of the points needed for their desired award, provided they already have at least 80% of the points they require.
Sold in blocks of 500 points up to a maximum of 50,000 points per purchase, members of all tiers can buy Velocity points up to twice per calendar year with the cost varying based on the quantity obtained.
Buying a mere 500 Velocity points sets you back $18 – or 3.6c per point – while the full 50,000 points costs $1,172, or 2.34c each. You’ll find the exact price at each increment on the Virgin Australia website.
Virgin Australia Velocity: topping up your points
Let’s say you wanted to book a return trip from Sydney or Brisbane to Los Angeles in Virgin Australia business class, normally 188,000 Velocity points plus taxes and fees, but only have 155,000 points in your account.
You could then buy the difference of 33,000 Velocity points outright for $852 and secure your return trip, allowing you to use the points you’ve already saved up while still securing a flight at much less than the usual sticker price.
Naturally, Velocity members who have specific travel dates in mind would do well to find a suitable reward flight before buying frequent flyer points, otherwise buying a regular ticket may be needed this time around to fly when you need to.
Buying Velocity points: how it compares
Until now the only cost-effective way of buying Velocity points was through Starwood Preferred Guest, where Starpoints convert to Velocity points on a 1:1 basis with a bonus 5,000 Velocity points for every 20,000 Starpoints converted.
At the current prices, SPG members could buy 20,000 Starpoints for US$700 (A$1,008) and convert them into 25,000 Velocity points, whereas now those same 25,000 points can be bought directly from Virgin Australia for A$677 – a $331 saving.
Even with Starwood's frequent 25% off promotions, buying the same for US$525 (A$755) on sale is still more expensive than from Virgin Australia direct, making the Starwood path only valuable in rare circumstances.
These days, buying 25,000 Velocity points straight from Virgin Australia comes at a cost of 2.7c per point, and provided you redeem your points well – such as to Los Angeles in business class – you could easily fetch 5-7c of value from each and every one.
To buy Velocity points, call Virgin Australia on 13 18 75 between 8am and 8pm, Sydney time, Monday to Friday.
Also read: How to buy Qantas Frequent Flyer points
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