Velocity offers members the opportunity to purchase points through the Velocity Points Booster program. The main reason you may want to buy points is to top up your points if you are a few points short of a reward.
This week, Velocity is offering up to 30% discount when you buy points by 8 October 2024. In order to take advantage of the offer, you will need to buy between 1,000 and 250,000 points through the Velocity Points Booster website.
This time around the discount is based on a tiered discount. Generally, the more points you buy, the greater the discount. The tiers are:
- Buy 1-90,000 points: 20% discount
- Buy 100,000-250,000 points: 30% discount
These points can be bought online. Alternatively, you can make your purchase through the contact centre, however, there is a fee of $20, or 2,500 points for this.
There are a few points to keep in mind:
- You can purchase a minimum of 1,000 points and a maximum of 250,000 points.
- You can purchase an overall maximum of 250,000 points per calendar year.
- The price per point is not constant. As you buy larger amounts, the cost per point decreases.
- You can make as many purchases as you like, but keep in mind the previous three points!
The main value of Points Booster is that it allows you to gain extra points especially when you are a few points short. As such, if you have something in mind, and are a few points short, this promotion may offer some benefit. However, there may be less benefit to just buying some for a rainy day.
Buy Points with Points Booster
If you want to buy points, you will need to start at the Velocity website. After you have logged in, head to My Velocity, then scroll down to the Flying section, where you will find a link to Boost Your Points Balance.
From there, you will be taken across to the Velocity Points.Com landing page, where you will be asked how many 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 be asked for your credit card details. Your options are Visa, MasterCard or American Express 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. The points are usually added to your account quickly. This makes them a good option if you need some points at short notice.
Thoughts
Both Velocity and Qantas Frequent Flyer offer members the opportunity to buy points to top up their accounts. While they may be useful for getting you across the line for a reward, they are a fairly expensive way to get points.
