Buy Velocity Points with 15% discount

Guide to the latest Velocity Frequent Flyer buy points promotions

Virgin 737 Domestic
GUIDE: Buying Points
DIFFICULTY: Intermediate
TIME TO READ: 2 minutes
POSTED: February 4, 2020
UPDATED: February 4, 2020
LOYALTY PROGRAMS: Velocity Frequent Flyer

Velocity Frequent Flyer is offering a 15% discount when buying Velocity Points until 10 February. This equates to around 1.99c per point at the top tier if purchasing the maximum 250,000 points.

The last time Velocity Points were on sale was October 2019. While this is the highest sale price that these points are offered at, you could still elicit good value on specific redemptions.

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.

This guide covers the latest Velocity buy points promotions, plus an example redemption. We also have a dedicated guide on how to buy Velocity Points here.

The essential info

If you are short of the required Velocity Points for a redemption, you can buy the remaining points needed online.

Velocity points 15% discount offer promo image

These are the key caveats:

  • Each purchase must be a minimum of 1,000 points
  • 250,000-point maximum purchase per calendar year
  • The price per point varies according to the level
  • No limit to the frequency of points purchases up to the maximum
  • 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

The 15% discount applies to purchases of 1,000 points and above.

With this promotion, if you purchase, say, 10,000 points, each point will cost you 2.76c each. That is above what we value Velocity Points at (2c), so I wouldn’t recommend buying points at this level speculatively.

However, if you buy the maximum of 250,000 points, then that drops the per-point price down to 1.98c each, which is much more reasonable.

Note: Velocity Points expire after 24 months of inactivity in your account, so make sure to keep your account active by earning/redeeming points regularly.

An example redemption

You can fly between any major New Zealand city and the east coast of Australia for only 35,500 points.

Virgin Australia 737
Virgin Australia 737 Business Class

If you had, say, 20,000 Velocity Points already in your account, you could top up with 15,600 points for $398.65 AUD under the current promotion. Note that you’ll need to pay taxes and charges on any award redemption.

Offer history

Sometimes Velocity offers a bonus and sometimes a discount.

MonthBonus (%)Discount (%)Price per pointNotes
February 202015%1.99highest price
October 201920%1.87
May-June 201920%1.95
February 201920%1.95
August 201815%1.99highest price
April 201815%1.99highest price
Average20161.96

Other ways to earn Velocity points

Summing up

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.

Buy Velocity Points with 15% discount was last modified: February 4th, 2020 by Daniel Kinnoch
Buy Velocity Points with 15% discount was last modified: February 4th, 2020 by Daniel Kinnoch