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As pointed out in the Amex thread , most things in the Velocity Rewards Online Shop have gone up ~10% in the last few days. e.g. $1000 Myer or David ...
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  1. #1
    Established Member futaris's Avatar
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    Velocity Rewards Shop Inflation

    As pointed out in the Amex thread, most things in the Velocity Rewards Online Shop have gone up ~10% in the last few days.

    e.g. $1000 Myer or David Jones voucher has gone from 110k to 120k.

    They have however added a few new items and refurbished the site.

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  3. #2
    Member edman's Avatar
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    Re: Velocity Rewards Shop Inflation

    I also noticed that the Qantas store prices had changed on some items as well, from the presentation of the sites I wonder if the stores are contracted out to the same company?

    Was good to see they added a few more things to the store, it was lacking a little especially compared to the relaunched Qantas site.

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    Member ANstar's Avatar
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    Re: Velocity Rewards Shop Inflation

    And unlike the horror stories I have heard with the QF shop, I have had 3 redemptions done with Velocity's shop and the goods were all delivered within a week.

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    Posting Enthusiast JohnK's Avatar
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    Re: Velocity Rewards Shop Inflation

    Could the increases in the Velocity shop be due to the 50% and now 25% bonus points on transfers?

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    Member wallacej's Avatar
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    Re: Velocity Rewards Shop Inflation

    Quote Originally Posted by JohnK View Post
    Could the increases in the Velocity shop be due to the 50% and now 25% bonus points on transfers?
    I am glad I transferred my Diners points at 50% bonus, then got the $1000 Myer card.


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    Established Member futaris's Avatar
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    Re: Velocity Rewards Shop Inflation

    On a plus note, they have implemented points + pay for all rewards now.

    Generally you only need 40%-50% of points to redeem for something.

    e.g. for $1000 gift voucher, you only need 50k+$577, so 50k=$423, i.e. 0.846c/point, vs 0.833c/point for 120k=$1000
    Last edited by futaris; 13th November 2008 at 11:18 AM.

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    Established Member futaris's Avatar
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    Re: Velocity Rewards Shop Inflation

    I just noticed Myer vouchers using QANTAS are reduced from 135k to 125k for $1000 till end of Feb 09.

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    Senior Member Flashback's Avatar
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    Re: Velocity Rewards Shop Inflation

    To try and seduce people into dumping their points in QF, or doing to direct earn with QF on their CC... once they've done so, the points will go up

  12. #9
    Member wallacej's Avatar
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    Re: Velocity Rewards Shop Inflation

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    A good story - redeemed through Velocity a $1000 card last week (Friday), and one week later it arrived in my mail box - could have been 6 days - missed checking my mail for one day)

    Yes, the price had gone up by 10,000 points over the one I got this time last year.

    Well done, nice quick redemption.... Now bring on the mid year sales and I will really get some bamng for my buck/point
    "Only a life lived for others is a life worthwhile". Einstein


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