Major changes to Velocity Frequent Flyer announced 17/10/24

[nutwood]

I believe you are conflating issues.

Once you attain a status you have 12 months to earn the needed SC to requalify that status. You might call that a "Benefit Period".

To attain a status on any one day, the number of SC's earn in the previous 365 days are taken into account. Here's the current T&C's:

Velocity Program Changes T&Cs

www.velocityfrequentflyer.com

Does this mean that come October 1st, my renewal date will re-set from March to October? I've been considering the situation based on my Qantas experience where there's a renewal date set in stone. My VA renewal date has always been March and I thought that was fixed?

 

[serfty]

My VA renewal date has always been March and I thought that was fixed?

My WP renewal date was always June until the COVID events caused this to be shifted to 28th February (along with many others).

The June date was because I attained WP during June over a decade ago.

 

[nutwood]

Assessment for requalification is based on 12 month periods from initial status level attainment date.

Assessment for Qualifying (to a higher level) is based on the previous 365 days of travel.

Here's an example. Between September 15th and September 28th last year someone earned 500 SC's and had 4 eligible segments to qualify SG. That someone had earned no SC's during the previous 365 days.

At this point they are SG until their review period commences on September 28th this year. They have until then to earn another 400 SC's and fly 4 eligible segments to requalify.

If they have no other travel until August, but from August 1st to August 14th they earn another 500 SC's and fly 4 eligible segments, they will Qualify WP with a review date of August 14th next year. This is because during the 365 days up to August 14th they had earned 1000 SC and had 8 eligible segments.

Ah-ha. Thank you. Understand. I have indeed been confusing myself!
When I started with VA they gave me a three month trial of Gold. In that three months I clocked up sufficient SC's to qualify WP so when the trial finished, I went straight to WP and have remained there ever since, hence I've never experienced the moving review date.
Thank you for taking the time to explain!!

 

[Harrison_133]

Does this mean that come October 1st, my renewal date will re-set from March to October? I've been considering the situation based on my Qantas experience where there's a renewal date set in stone. My VA renewal date has always been March and I thought that was fixed?

No, your review date will remain relatively the same. Come March next year, your membership will be assessed in relation to the rules that come into effect on October 1st.

 

[nutwood]

No, your review date will remain relatively the same. Come March next year, your membership will be assessed in relation to the rules that come into effect on October 1st.

Even though on October 1st, I'll attain Platinum Plus?

 

[serfty]

Even though on October 1st, I'll attain Platinum Plus?

All the indications are that you would become* WPP on October 1st and your WPP review date will be October 2026.

*this assumes 1500/2000 SC have been earned in the 365 days from 1st October 2024.

 

[nutwood]

All the indications are that you would become* WPP on October 1st and your WPP review date will be October 2026.

*this assumes 1500/2000 SC have been earned in the 365 days from 1st October 2024.

Current SC count is 3564 for the last twelve months and I'm several flights from home at the moment. I think I'll make it

 

[moa999]

My VA renewal date has always been March and I thought that was fixed?

It's fixed until you go up a level, at which point a new 12mth period starts, which arguably means you aren't wasting credits in that instance.

Those who are Plat obviously need to drop then go back up.
Companion Gold/Plat work within the Plat membership year