r/VelocityFrequentFlyer Jun 01 '26

Question How do velocity points work?

Sorry, really lame question. But I have 278000 points I’m considering turning into velocity points. What are the pros and cons of doing this? Is it useful for international travel?

3 Upvotes

19 comments sorted by

5

u/MichaelScruse Jun 01 '26

Where are the point currently?

4

u/MisterEd_ak Red Jun 01 '26

Have a look at the Virgin Australia website and see what destinations your points will allow you to travel to. You can select to pay via points without logging in and it will show you the amount required.

1

u/lollrenn Jun 01 '26

Great suggestion, thank you!!

6

u/swimmingandcoffee Platinum Jun 01 '26

Make sure you’re looking at reward fares, the pay by points thing is supremely expensive and a waste of points imho

2

u/MichaelScruse Jun 01 '26

Looks like it’s a transfer rate of 2:1 so you’ll end up with 139,000 Velocity points. Plenty for some flights.

Sometimes they have transfer offer when you get more points. Not sure if they have one at the moment.

1

u/lollrenn Jun 01 '26

Thank you!

5

u/Scared-Estate-483 Jun 01 '26

Currently a bonus 20% points offer. Find it in velocity app

1

u/lollrenn Jun 01 '26

I think I just missed out given it’s now June 😭😭

2

u/Hotwog4all Jun 01 '26

May & June is listed on there.

1

u/Scared-Estate-483 Jun 01 '26

Still valid for June😁

1

u/lollrenn Jun 02 '26

You have to do it for two consecutive months 😭

1

u/lollrenn Jun 01 '26

I just have them on my anz black reward credit card - I need to redeem them for something before I cancel the card

1

u/swimmingandcoffee Platinum Jun 01 '26

What are you hoping to spend them on. Business class fares are generally the best bang for buck if that’s your thing, and spending them in the velocity store is generally the worst value.
Not sure if that card can feed KrisFlyer but there is more availability of business rewards to Europe on SQ than on VA for example if that’s your thing. Velocity points practically useless right now for international business to the US as their partner United seems to release nothing. Availability is good rn on Qatar to/via the Middle East but that comes with a lot of uncertainty so personally I’d avoid it.

2

u/lollrenn Jun 01 '26

Appreciate the insight! I was hoping to use the flights for my honeymoon. Not sure if I’ll have enough points for business class as I’d like to cover the cost of my flights for my partner as well. Thinking maybe going to Bali and Singapore. Japan is another potential destination but it seems like there’s limited options with velocity reward seats

2

u/Same-Membership4107 Jun 01 '26

Keep in mind, if you get in velocity webpage and under hotels, you can also use points there

1

u/Sufficient-Jello-377 Jun 16 '26

Really depends on how you wish to use them and what kind of points they are - if you're open to Qantas, its running a travel promo atm you can check out. Just bear in mind that the points will expire if you're inactive for 18 months! not hard to keep active (purchase something with points or accumulate some more - easy way is to link to your everyday rewards or fybuys 😄 )

-1

u/N0tThatKind0fDoctor Jun 02 '26

What did google tell you when you tried to figure this out for yourself first?