Isn't it 1.5 reward points per dollar which equals .75 velocity points per dollar?
1) Yes, it also depends which card (restating data below)
2) While base earning of Virgin & Qantas points is the same per $1, ANZ & Virgin offer regular 15% and higher transfer bonuses, making the Virgin earn higher per $1.
For all ANZ Rewards:
2 ANZ reward points = 1 Virgin Australia Velocity point.
3 ANZ reward points = 1 Singapore Airlines KrisFlyer mile.
3 ANZ reward points = 1 Cathay Pacific Asia Mile
See webpage @ anz.com.au/personal/credit-cards/rewards/
ANZ Rewards .............1.0 ANZ Rewards per $1 upto $1000 per statement, then 0.5 ANZ Reward points
(0.5 Virgin pt per $1) With frequent 15%+ transfer bonus.
ANZ Rewards Travel.....1.5 ANZ Rewards per $1 upto $2000 per statement, then 0.5 ANZ Reward points
(0.75 Virgin pt per $1) With frequent 15%+ transfer bonus.
ANZ Rewards Platinum.1.5 ANZ Rewards per $1 upto $2000 per statement, then 0.5 ANZ Reward points
(0.75 Virgin pt per $1) With frequent 15%+ transfer bonus.
ANZ Rewards Black .....2.0 ANZ Rewards per $1 upto $5000 per statement, then 1.0 ANZ Reward points
(1.00 Virgin pt per $1) With frequent 15% + transfer bonus.
See webpage @ anz.com.au/personal/credit-cards/frequent-flyer/
ANZ Frequent Flyer................0.5 Qantas FF pts per $1 upto $500 per statement, then 0.25 ANZ Reward points
(0.5 Qantas pt per $1) No transfer bonus, points swept to Qantas monthly.
ANZ Frequent Flyer Platinum.0.75 Qantas FF pts per $1 upto $3000 per statement, then 0.5 ANZ Reward points
(0.75 Qantas pt per $1) No transfer bonus, points swept to Qantas monthly.
ANZ Frequent Flyer Black .......1.0 Qantas FF pts per $1 upto $7500 per statement, then 0.5 ANZ Reward points
(1.0 Qantas pt per $1) No transfer bonus, points swept to Qantas monthly.