Velocity are offering you 20% bonus Velocity Points when you buy points through the Points Booster program. This offer is valid through to June 29, and allows members to buy points for 1.95 cents per point. To get that price, however, you will need to buy a rather large number of points.
1.95 cents per points is not exactly what you would call cheap. That is to say that it may not be worth buying points for a rainy day. However, if you a short a few points from an Award, it may get you across the line.
Buying Velocity Points
On the new Velocity website, the first trick is to find where to buy points. After you have logged in, head to My Velocity, the scroll down to the Flying section, where you will find a link to Boost Your Points Balance.
From there, you will taken across to the Velocity Points.Com landing page, where you will be able to select the Category you are looking to redeem points for. I am not sure that this make any difference to anything, but is a step they take you through.
Once you have selected a category, you will be taken to a page where you can select the number of points you wish to buy. You can choose a minimum of 500 Velocity Points and a maximum of 250,000 Velocity Points.
If you are buying between 500 and 5,000 Velocity Points, you can purchase in blocks of 500 points. From 5,000 Points you can buy in blocks of 1,000 points up to 50,000 points. Once you pass 50,000 Velocity Points, you can then purchase in increments of 10,000 points.
Once you have selected the number of points you wish to purchase, you will then be asked for your payment details. This can be done by Visa, Mastercard, American Express or Diners Club cards.
One thing to watch for here is that Points.Com processes the payment outside Australia. Depending on your card, this could add an additional fee.
Does it make sense?
In most cases, purchasing points this way is probably not a great deal. It may make sense if you are just a little short on points for some reward – in which case it may be worthwhile. They do get applied to your account pretty much instantly, so they are an option if you need some points at short notice.