Is it better to transfer Flybuys points to Velocity or exchange for Virgin gift cards for flight?

Frequent Flyer Programs
1

Hi just wondering if anyone can tell me if it’s better to transfer flybuys points to velocity points or is it better to buy virgin gift cards using flybuys dollars

2

Hi @kmeredith

First things first: make sure that you can use FlyBuys dollars to buy Virgin gift cards. Coles has a policy that you can’t use gift cards to purchase other gift cards, so if Coles treats FlyBuys dollars as a gift card, you won’t have the option of purchasing a Virgin gift card with your points.

Assuming you have the choice, almost all of the time it’s better to transfer FlyBuys to Velocity. Let’s take a typical example: you want to fly from Melbourne to Sydney. Let’s assume that the flight costs about $150, or if you use points, it’ll cost you 7800 Velocity points plus about $25 in extra charges.

If you convert FlyBuys points to FlyBuys dollars, 20000 FlyBuys points will get you $100 FlyBuys dollars which (maybe) you could use to buy a $100 Virgin gift card. So you’ll still need to fork up an extra $50 or whatever the extra cost of the flight is.

If you convert FlyBuys points to Velocity points (doing so during a 15% bonus promotion), you’ll end up with 10000 Velocity points from your 20000 FlyBuys points – more than enough for your flight.

It becomes even clearer if you’re going for a Business class redemption: it’s much better value to convert to Velocity points rather than FlyBuys dollars.

Hope this helps!

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3

Thank you so much I’m just getting used to trying to make the most of my points and the tips and tricks I’ll keep building up my flybuys until a 15% deal

4

Hi kmeredith

Velocity is running the 15% bonus deal now and it will last until 30 November 2019.

For every 2000 flybuys you get 870 velocity points and with the 15% bonus you will receive 870 + 131 velocity points.

cK

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