Extracting Maximum Value from Virgin Velocity Points

This week one member is in an enviable position. They have over 100,000 Velocity frequent flyer points stashed away and request advice about the best value way to use these points.

Velocity Frequent Flyer points can be used for a variety of different redemptions including reward flights, upgrades, holidays, gift vouchers, products at the Velocity store and even Virgin lounge membership. But which redemptions offer the best value?

Unsurprisingly, most members suggest using the points to fly in business or first class. Naturally, Velocity points can be used to fly business class on Virgin Australia itself. Our member would even get some small change from 100,000 points for a one-way business class flight to Los Angeles or Abu Dhabi. For the same number of points, our member could also book a return flight to either of those destinations in economy class. But unfortunately Virgin’s international network is limited with Los Angeles and Abu Dhabi being the only long-haul destinations served by the airline. The good news is that Velocity points can also be used to fly on partner airlines including Etihad, Delta, Hawaiian Airlines and Air New Zealand. This allows for travel to a wide range of destinations all around the world.

A left-field solution has been found by a number of members. Virgin Velocity and the Singapore Airlines KrisFlyer program have a unique arrangement where points can be transferred between the two airlines’ frequent flyer programs. Velocity points can be transferred to Singapore Airlines KrisFlyer miles at a rate of 1:1.35, and vice versa. By converting just over 100,000 Velocity points into Singapore Airlines miles, one member was able to book first class flights from Melbourne to Tokyo via Singapore. Not only will this member get to fly on Singapore Airlines first class, but they will even have an opportunity to fly in the airline’s new A380 suites.

80,750 KF miles get you from Melbourne to Tokyo…. F to SIN then Suites to NRT in our case.

Singapore Airlines Suites are very highly regarded and usually a very experience product. So, using Velocity points to book a flight in one of them would seem to be one of the best suggestions out there. KrisFlyer points can also be used to travel or upgrade on flights operated by most Star Alliance airlines. This means that by converting points, Velocity points can be indirectly used to fly on airlines like Lufthansa, All Nippon Airways, United and Thai Airways.

The possibilities are seemingly endless, but one thing is for sure. There is a lot of potential value to be found in 100,000 Velocity points. So however our member decides to spend them, we’re sure they will be able to put them to good use.

Join the discussion HERE.

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Matt Graham
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 60 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil, New Zealand & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can contact Matt at [email protected]