How does the Velocity e-store work?

woman-with-pcEarn and redeem your Velocity Points with flexibility through the Velocity eStore.

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.

Rates last updated September 24th, 2017
Name Product Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Purchase rate (p.a.) Annual fee Product Description
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 bonus points
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus Velocity Points in the first 3 months on eligible spend and enjoy a discounted annual fee of $64 for the first year.
Citi Rewards Platinum Credit Card
1
0
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn Reward Points per $1 spent as part of the Citi Rewards Program, plus receive complimentary international travel insurance.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0.66
20.74% p.a.
$129 p.a.
Earn 3 bonus Velocity Points per $1 for the first 3 months, a first year annual fee refund and a yearly $129 Virgin Australia Gift Voucher.
American Express Velocity Platinum Card
50,000 bonus points
0
1.5
20.74% p.a.
$375 p.a.
Receive a complimentary Virgin Australia return Economy domestic flight each anniversary year and complimentary travel insurance.
Virgin Australia Velocity High Flyer Card - 80k Bonus Points offer
80,000 bonus points
1
20.74% p.a.
$289 p.a.
Take off sooner with up to 1 Velocity Point per $1 spent and earn up to 80,000 bonus Velocity Points. Plus, complimentary travel insurance.
ANZ Rewards Travel Adventures card
40,000 bonus points
1.5
20.24% p.a.
$225 p.a.
Receive 40,000 bonus Velocity Points when you spend $500 on eligible purchases in the first three months.
NAB Velocity Rewards Card
0.5
0.75
19.99% p.a.
$95 p.a.
This dual Amex and Visa card offers up to 0.75 Velocity Points per $1 spent on eligible purchases and special Visa Entertainment offers.
American Express Velocity Business Card
1
$249 p.a.
Take advantage of no pre-set spending limit, data that feeds to MYOB accounting software and up to 51 days interest-free on purchases.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0.66
0% p.a. for 12 months (reverts to 20.74% p.a.)
$129 p.a.
Save with 0% p.a. on purchases for 12 months. Plus, up to 0.66 Velocity Points per $1 spent.

Compare up to 4 providers

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.

Back to top

Sally McMullen

Sally McMullen is a journalist at finder.com.au who is a credit cards, frequent flyer and travel money expert by day and music maven by night.

Was this content helpful to you? No  Yes

Related Posts

NAB Premium Card - Exclusive Offer
NAB Premium Card - Exclusive Offer

Interest rate

19.74

Annual fee

90
Qantas American Express Ultimate Card
Qantas American Express Ultimate Card

Interest rate

20.74

Annual fee

450
St.George Vertigo Platinum
St.George Vertigo Platinum

Interest rate

12.74

Annual fee

99
NAB Low Rate Credit Card
NAB Low Rate Credit Card

Interest rate

13.99

Annual fee

59

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback