Virgin Australia are now offering the ability to purchase up to 250,000 points per calendar year. You also no longer need a minimum percentage of points before being able to make a top-up.
Buying Velocity points might make sense when topping up your balance for a specific award redemption on Virgin Australia, or a partner like Singapore Airlines, Delta, or Hawaiian Airlines.
Our guide below explains the basics on how and when you can purchase Velocity points, plus an example redemption.
The essential info
If you’re short of the required Velocity points for a redemption on Virgin Australia or a partner like Singapore Airlines or Etihad, you can buy the remaining points needed online.
These are the key caveats:
- Each purchase must be a minimum of 500 points
- 250,000-point maximum purchase per calendar year
- The $ AUD price per point varies according to the level, e.g. 500 points = $18 total = 3.6c per point // 25,000 points = $677 total = 2.7c per point // 50,000 points = $1172 total = 2.3c per point (approx; all prices include GST)—the best value is for purchases from 50,000 to 250,000 points
- No maximum frequency of points purchases up to the maximum
Note that while you must tell Velocity how you think you’ll be using the points that you buy — there is nothing that appears to hold you to this choice.
An example redemption
One of the best uses of Velocity points is for flying Business Class between the East and West Coasts of Australia for 35,500 Velocity points one-way.
If I had, say, 24,000 Velocity points already in my account, I could top up with 11,500 points for $371 AUD.
Other ways to earn Velocity points
- Earn American Express Membership Rewards on spend which can then be transferred to Velocity points
- Family pooling
- Velocity bonus point offers, e.g. OnSport
Make sure there is award availability for the redemption you are eyeing off before purchasing the points needed to top up your balance.
As we aim to get at least 2c per-point value from Velocity points, I’d suggest you only buy points for a specific redemption rather than speculatively.