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How does the Velocity eStore work?

Earn and redeem your Velocity Points with flexibility through the Velocity eStore.

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The Velocity e-store allows is just one way you can both earn and redeem your Velocity Frequent Flyer Points. You can either use your credit card to make the purchase and earn Velocity Points, or if you have your eye on a prize, you can use your Velocity Points to redeem your purchase.

Data indicated here is updated regularly
Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
30,000
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 annual fee for the first year ($129 p.a. thereafter)
Get 0% p.a. for 22 months on balance transfers and a reduced first-year annual fee. Plus, earn up to 30,000 bonus Velocity Points.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
N/A
Velocity Frequent Flyer
0.66
0% for 14 months, reverts to 20.74% p.a.
$64 annual fee for the first year ($129 p.a. thereafter)
Enjoy 0% p.a. interest on purchases for 14 months, a reduced first-year annual fee and Velocity Points per $1 spent.
American Express Velocity Platinum Card
50,000
Velocity Frequent Flyer
1.25
20.74% p.a.
$375
Get 50,000 bonus Velocity Points when you spend $3,000 for the first 3 months. Plus, 100 Status Credits and luxury travel perks.
American Express Velocity Business Card
N/A
Velocity Frequent Flyer
1
N/A
$249
ABN holders w/ $75,000 revenue. A business charge card offering Velocity Points per $1 spent and up to 51 days interest-free on purchases.
American Express Velocity Escape Card
N/A
Velocity Frequent Flyer
0.75
20.74% p.a.
$0
Earn 0.75 Velocity Points on your everyday purchases, uncapped, and pay $0 annual fee for the life of the card with this no-frills frequent flyer card.
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How to use the Velocity eStore

The Velocity e-store works like an online shopping website with the added bonus of earning Velocity Points and redeeming points for products. The main ways you can use the e-store includes:

  • Redeeming points

    Buying products through the rewards store works just as it would a normal online store. The only difference will be the currency. Instead of dollars the currency will be memberships points. You also have the option of "pay+points". This means you can pay a certain amount of money and use your points to cover the rest.

  • Earning points

    With over 200 retailers available, you’ll be able to earn points on all of your purchases. To claim your points on purchases you must be logged into your Velocity account. You’ll receive an email confirming you have points pending within 24 hours and they will be allocated to your Velocity account within 30 days.

How can I earn points through the eStore?

Before purchasing items, check if they are available through the Velocity eStore. All you need to do is login to your Velocity account and start shopping. Most purchases will earn you 2 points for every $1 you spend on a wide range of products including:

  • Charities & Causes. Earn points by giving back through making a purchase from Oxfam shop or BoysTown.
  • Children & Family. You can earn extra Velocity points by purchasing from Gap, Mothercare, The Baby Store and even The Book Depository.
  • Clothes & Fashion. You won’t need to explain where your new outfit came, once you say how many points you earned. Companies include Asos, Bonds and BooHoo.com.
  • Department Stores. eBay, Selfridges and Macy’s are a few of the department stores that will let you earn as you spend.
  • Electricals. Looking for a new gadget? Apple, Microsoft or Samsung may have what you need.
  • Entertainment & Leisure. From livingsocial to RSL lotteries you’ll find something to amuse the whole family.
  • Food & Drink. Order your meal through Menulog to receive points on your Friday night take out.
  • Gifts & Flowers. You’ll be in the good books when you buy flowers and earn Velocity points in the process.
  • Health & Beauty. Purchase your beauty products from all the big names including Bobbi Brown, Clinique and Aveda.
  • Home & Garden. Stop putting off your weekend projects with purchases from adairs and growing gifts.
  • Office & Business. Check out smiggles, typo and Microsoft for all your office supplies.
  • Sport & Fitness. Get active with Nike, Lorna Jane and Rebel.
  • Toys & Games. Find all the latest toys and games at Xbox, Mattel Shop and Yogee.

What can I redeem my points for on the Velocity eStore?

Fashion, lifestyle and health

Need new perfume? Or a new handbag to match your outfit for Saturday night? Use your points to redeem those much needed fashion accessories.
Gift cards and donations

If you need a present for that person that has everything then a gift card or donation could be your answer. Use your points to donate to charities, on holiday packages or vouchers to their favourite store. Your other option is to keep the rewards for yourself and swap them for grocery and petrol vouchers.
Travel

If you haven’t already spent your points on travel, then you may want to buy a few travel luxuries. You’ll find luggage, neck rests and all the little comforts to help make flying an enjoyable experience.

Technology and electronics

If you’re a gadget person then you’ll be spending a lot of time in this section. You could find anything from GPS’s, computers, gaming, iPad and Macs to Tv’s and home audio systems.
Home and outdoor

This category covers a wide range of products including BBQ’s, homewares, camping and sport and fitness.
Special offers

The rewards store run special offers that are only available for a specific amount of time. These items could be anything from camping chairs to running shoes.


Is the eStore the best way to use my Velocity Points?

Deciding what you are going to redeem your Velocity Points on can be the hardest decision of all. To ensure you make the right decision, it is worth weighing up which rewards offer the most reward.

For example, a one way economy flight from Brisbane to Perth could cost you between $300 and $500, or at least 19,700 Velocity Points. In comparison, you’d need 20,600 Membership Rewards to redeem a pop up beach tent worth around $90 from the e-store.

In this scenario, it might be worth purchasing the smaller item with cash and allowing your points to accumulate and putting them towards the bigger ticket items. By comparing the costs with the total amount of membership points needed, you can ensure you are getting the most value for your points.

Shopping through the Velocity eStore means you could save on money by spending points or you could earn more points to go towards the holiday you have been saving for. While it may be beneficial, don’t be blindsided by the idea of points. Compare the price with other stores to make sure you are receiving the best deal.

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Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate Balance transfer rate Annual fee
Citi Rewards Card - Exclusive Offer
21.49% p.a.
0% p.a. for 30 months
$49 annual fee for the first year ($149 p.a. thereafter)
Finder Exclusive
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee and Citi Rewards.
Coles No Annual Fee Mastercard
0% for 12 months, reverts to 19.99% p.a.
0% p.a. for 12 months
$0
Save on new and existing interest charges with 0% p.a. on balance transfers and purchases for 12 months.
Qantas American Express Premium Card
20.74% p.a.
$249
Enjoy 100,000 bonus Qantas Points, 50 bonus Status Credits and 2 complimentary Qantas Club lounge invitations per year. Ends 4 November 2020.
Citi Rewards Card - $500 Voucher Offer
21.49% p.a.
0% p.a. for 12 months
$99 annual fee for the first year ($199 p.a. thereafter)
Get a $500 e-voucher to spend at Myer, JB Hi-Fi or Coles when you spend $3,000 in the first 90 days. Plus, earn points with the Citi Rewards Program.
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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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