If you’re just a little short of the points needed for a Virgin Australia Velocity reward booking, you can buy additional points using Velocity Points Booster!
Until 17 December 2021, Velocity Frequent Flyer is even giving a 20% discount on all Points Booster purchases.
It’s possible to purchase up to 250,000 Velocity Frequent Flyer points per year. But there may be a more cost-effective way to get the extra points you need for your Velocity redemption…
How Velocity Points Booster works
You can buy Velocity points on the Velocity Frequent Flyer website. It is also possible to buy points by calling the Velocity Membership Contact Centre, however an additional fee applies.
At the time of purchase you might be asked to specify how you plan to use your purchased points. There is no requirement that you have to use the points in the specified way – although it would make little sense to buy points without a specific redemption in mind!
With Velocity Frequent Flyer, there is no limit to the number of times you can buy points – but there is an overall annual purchase limit of 250,000 Velocity points. Before you can buy points, you might need to have at least one Velocity point in your account to start with.
You can purchase points in increments of 500 points up to 5,000 points, then increments of 1,000 points up to 50,000 points. When purchasing more than 50,000 Velocity points, you’d need to buy in increments of 10,000 points. The minimum purchase amount is 1,000 points.
Prices start at $36 for 1,000 Velocity points, or 3.6 cents per point. It becomes a little cheaper as you purchase more points. Buying 50,000 points costs $1,172, which gives a cost of 2.34 cents per point. The maximum 250,000 Velocity points would cost $5,850 (also 2.34 cents per point).
Here is the updated Velocity Points Booster pricing table from the Virgin Australia website:
Discounts on Velocity points
From time to time, Velocity Frequent Flyer offers small discounts on buying points. These discounts may be tiered, giving a higher discount if you buy more points.
During the current promotion launched on 16 November 2021, you can get a 20% discount all on Velocity Points Booster purchases. This offer expires on 17 December 2021.
Beware that Velocity Points Booster transactions are processed by Points.com outside of Australia. While prices are in Australian Dollars, this means your bank could charge an international transaction surcharge if you don’t pay using a credit card without foreign exchange fees.
When does it make sense to buy Velocity points?
The short answer is… almost never! Even at the best possible rate, you’re paying 2.34 cents for each Velocity point. Unless you’re redeeming the points for a highly valuable Business Class reward flight or upgrade, it’s unlikely you’d be able to get this much value out of your points when redeeming them. If you wish to buy points in order to redeem for Virgin Australia flights, it might work out to be better value to buy Etihad Guest miles instead.
It could make sense to buy points with Velocity Points Booster if you’re just a little bit short of a valuable reward. The points will credit to your account instantly, so it could be worth it if you need a small amount of additional points quickly. But there are other ways to earn small amounts of Velocity points, such as shopping at 7-Eleven or transferring Flybuys points to Velocity.
A more cost-effective way to earn large amounts of Velocity points is by taking advantage of Velocity credit card sign-up bonus offers. However, the points can take some months to arrive in your frequent flyer account. If you need Velocity points quickly, you could consider transferring points from a family member instead.
Read more: How to Buy Qantas Frequent Flyer Points