finder Rewards Roundup: Qantas and Velocity

Sally McMullen 24 February 2017 NEWS

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From bonus points to new ways to redeem rewards, compare the latest perks from the most popular airlines.

Make everyday expenses, from insurance policies to electricity bills, more rewarding with this week's Rewards Roundup. Plus, discover more ways to collect and redeem rewards with Qantas and Velocity.

Earn Velocity Points on your electricity and gas bill

Virgin Australia announced a new partnership between Velocity and EnergyAustralia on Wednesday, meaning frequent flyers can now earn points on their electricity and gas bills. If you’re not already an EnergyAustralia customer, you can earn a bonus 20,000 Velocity Points if you sign up for an eligible gas and electricity account and connect it with your frequent flyer account before 3 May 2017.

Existing EnergyAustralia customers will also enjoy a bonus 1,000 Velocity Points when they link their account to their Velocity membership before this date. Current customers will also receive a $100 Virgin Australia Holidays voucher when they link their accounts.

Regardless of whether you’re a new or existing customer, you’ll also receive 2,000 Velocity Points every year on the anniversary of when you signed up once you link it with your frequent flyer membership.

Now that Velocity is no longer partnered with Lumo Energy, this EnergyAustralia alliance is excellent news for Velocity frequent flyers who want to chase points on everyday expenses.

You can now redeem your Velocity Points for hotel stays

You could always earn points on hotel bookings, but Velocity has announced that frequent flyers can now redeem their points for stays at over 456,000 hotels and resorts around the world.

You can redeem your points to cover the total cost of the accommodation or you can use Velocity Points + Pay to use a mixture of points and cash to book your next hotel stay. Not only will you save your points, but you’ll also earn 3 points per $1 on any cash component of your booking when you use Points + Pay. However, a minimum of 4,000 Velocity Points is required to pay with points and cash.

If you want to redeem your Velocity Points for hotel accommodation, visit hotels.velocityfrequentflyer.com and start browsing your dream holiday destinations. Powered by Kaligo Travel Solutions, you can compare your options by location, date range, room type and hotel star ratings. You can even tailor your comparison based on the ratio of cash to points you’d like to use.

Once you’ve selected accommodation, you can confirm your booking and spend points immediately. Just make sure you have your Velocity number and password on hand to log in and confirm the booking.

Collect Qantas Points on your life insurance

Australia’s most popular airline launched Qantas Assure Life Protect this week, giving frequent flyers the chance to earn reward points on their life insurance. Qantas has partnered with Australian insurer TAL to offer new Qantas Assure Protect products including Life Insurance Cover, Income Protection and Trauma and Total Permanent Disability Protection Insurance (TPD). If you purchase one or more of these policies, you’ll earn bonus points on sign up as well as Qantas Points for every $1 you spend.

If you sign up for one policy, you’ll receive 10,000 bonus points plus one point for every dollar spent. If you sign up for two or more, you’ll enjoy a larger bonus of 30,000 points as well as a point per dollar spent on the policy. If you download the Qantas Assure app and connect it with your FitBit or wearable device, you can also earn up to 10,000 Qantas Points for staying active.

Qantas is also rewarding healthy frequent flyers with a 10% discount on its life insurance premiums for applicants who sit within the Heart Foundation’s healthy BMI range.

finder Rewards Roundup lists and compares the best* credit card, airline and frequent flyer rewards offers of the week. Check back every Friday for the latest rewards deals and to find out how you can get more out of your points this week.

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