Like many frequent flyer programs, Velocity sells its points directly to consumers. As a result, buying Velocity Points won’t often make financial sense unless there’s a discount or points bonus high enough to tempt us. As it turns out, Velocity has just dropped a 40% discount when purchasing Velocity Points.
Velocity members will receive a tiered discount of 20-30% on purchases of between 1,000 and 250,000 Velocity Points made before 11:59 PM AEST 8th October 2024.
Tip: looking for the best Velocity Points earning credit card? Snag 60,000 bonus points + two free flights with the Amex Velocity Platinum Card.
In this post:
30% Off Velocity Points – October 2024
Velocity’s latest offer is the largest discount we’ve seen in recent years. The downside is that you must purchase the maximum amount of points, which is 250,000 Velocity Points, to score the full 30% discount. Keep in mind that there’s next to zero value in speculatively buying points, as frequent flyer points don’t increase in value over time. Earn and burn should always be front of mind!
Velocity’s July 2024 points booster promotion is tiered as follows;
- 20% off: 1,000 to 90,000 points
- 30% off: 100,000-250000 points
Is there any value to be had?
Velocity has been running these points sales for many years, and this time, you’d be buying points at 1.63 cents per point if purchasing from the top 30% discount band. Here’s a few example redemptions if you were to use only purchased points;
Sydney To Vancouver In Air Canada Business
For this flight, you would need 104,000 Velocity Points + $102.03 taxes one-way. You could purchase 110,000 points to cover the redemption for $1801.8. That brings the total cost to $1805.55 for Air Canada Business from Sydney to Vancouver.
With regular cash prices on the route around $12,000 – that’s a pretty sweet deal.
Melbourne To San Francisco In United Airlines Business
It’s 95,500 Velocity Points + $112 taxes to book United Business from Melbourne to San Francisco. After purchasing 100,000 points for $1638, that’s just $1676.29 to sleep your way to America.
United Airlines normally charges upwards of $9,000 on this route.
Perth To Sydney In Virgin Australia Business
This sale could also prove useful for travel down under. Flying Perth to Sydney in Virgin Australia Business Class would normally cost at least $1,800 in cash, or as a redemption, 35,500 Velocity Points and $51.46 in taxes.
After purchasing points with a 30% discount, you’d score that same route for just $632.95!
How Do I Buy Velocity Points?
Head to this page and purchase the number of Velocity Points you want.
Previous Velocity Bonus Point Offers
Before you take advantage of the current offer, it’s worth knowing what Velocity has previously offered. Here’s a list of Velocity’s point purchase offers over the last few years;
- October 2024: 30% discount
- July 2024: 40% Discount
- May 2024: 35% Discount
- March 2024: 30% Discount
- December 2023: 40% Discount
- July 2023: 40% Discount
- November 2022: 40% Discount
- April 2022: 30% Discount
Summing Up – Should I Buy Velocity Points?
As always, it is generally not a great idea to purchase points unless you’re sure you will be able to redeem them. These days it is becoming harder to find reward seats due to insane demand, but it can make sense to buy points if you see an award seat for a flight you want.
