Buying Velocity points

[gty222]

Up to 40% off sale until 22 December 2025

And annual limit doesn't apply.

 

[clifford]

The wines are beyond underwhelming

Yeah, I got a mixed case a few weeks ago and there's a couple of the wines that are literally undrinkable.

Pity they don't give the wine away free with points purchase.

 

[Haplo]

Might want to consider using the Choice reward option if time is on your side. You can buy Choice points when they run promotion at about 0.8 cents (about 0.6 USD) per point, and they run occasion promotion to transfer to Qff and VA at 5:4 ratio.

So you are effectively buying points at 1 cents per point.

 

[Telemachus]

I made a Velocity points purchase yesterday to take advantage of the current discount offer. Posting here to record my experience on two of the recurrent issues in this thread.

1. No forex surcharge. Used a Ubank debit card. Have paid for a previous Points Booster offer with my Qantas Pay card, also with no surcharge, but that card is now relegated to last resort use.
2. Delay of 22 hrs in processing payment & posting points. Payment seemed to go through successfully and I received a 'purchase receipt' email right away which said: 'You will be notified by email as soon as your purchase completes'. Transaction was still pending in my Ubank a/c early this morning. Finally got the 'purchase confirmation' email and points have now posted. Unclear why it took 22 hrs: previous points purchases have gone through with points added within a couple of minutes.

I was not relishing a call to Velocity to chase up the delayed transaction. Hope this data point may reassure anyone else whose purchase seems to take a long time to be processed.

 

[IrishPete]

I find myself awaiting another Bonus/Discount offer...

 

[Clayton]

Likewise , I need to book flights from Europe on SQ for March '27 so need a stash of Velocity points transferrable to Krisflyer as a hedge against SQ flights being restricted from Aeroplan then. Hopefully better than the 40% offer usually offered.

 

[ols]

Only happened a month ago so won’t be soon, maybe May
Has never been better than 40% as far as I’m aware

 

[drron]

Only happened a month ago so won’t be soon, maybe May
Has never been better than 40% as far as I’m aware

There was a double points offer about 2 years ago though I think that was if you bought the maximum 250000 points.

 

[HisHoliness]

40% discount when buying between 50,000 to 250,000 up to 23 April 2026. Lowest I've seen the 40% discount start at

 

[JackMiles]

40% discount when buying between 50,000 to 250,000 up to 23 April 2026. Lowest I've seen the 40% discount start at

~1.4c per point. Not bad I guess, and could definitely get more value than that on certain redemptions.

 

[simmomelb]

~1.4c per point. Not bad I guess, and could definitely get more value than that on certain redemptions.

The only issue I have with buying points is that you are not only VERY limited to seat redemptions, but you also don't earn any status & points on the points you actually paid for, which makes their value even less.
From the calculations I've done, with the above taken into account, it rarely makes sense to buy points.

 

[HisHoliness]

you also don't earn a cent on the points you actually paid for

If you're stupid enough not to put that spend on a points earning credit card then that is on you

 

[JackMiles]

The only issue I have with buying points is that you are not only VERY limited to seat redemptions, but you also don't earn a cent on the points you actually paid for, which makes their value even less.
It rarely makes sense to buy points.

Agreed, buying speculatively - ie, without a specific, available redemption in mind - is generally a bad idea. But not sure what you mean by "don't earn a cent" - do you mean as compared to, say, interest on the cash you spent had you instead put the cash in a term deposit (or some other investment)?

 

[simmomelb]

Agreed, buying speculatively - ie, without a specific, available redemption in mind - is generally a bad idea. But not sure what you mean by "don't earn a cent" - do you mean as compared to, say, interest on the cash you spent had you instead put the cash in a term deposit (or some other investment)?

Sorry, I should clarify, I didn't mean that literally. By not earning a cent, I meant, you don't earn any status or points on money you've handed over, in advance, for flights you may not even be able to redeem on the route &/dates you want.
But yes, at the current interest rates on savings, you could throw that in also