Velocity Points and Flybuys Calculator
Use our calculator to discover how many Velocity Points you can earn by spending at Coles.
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If you're a Velocity Frequent Flyer, you can exchange your Flybuys for frequent flyer points thanks to the alliance between Coles and Virgin Australia. After you collect Flybuys points when shopping at Coles and other partners including Target, Kmart, Liquorland and eBay, you can then exchange them for Velocity Points. You can transfer 1,000 Flybuys points for 500 Velocity Points. By our calculation, that's an exchange rate of 0.5 Velocity Points for every 1 Flybuys point you earn.
Flybuys and Velocity Points calculator
To calculate how many Velocity Points you can earn on your usual grocery spend simply take the cost of your shop, let's say $150, you earn 1 Flybuys point for every $1 spent so you now have 150 Flybuys points, times that by 0.5 and you'll have 75 Velocity Points ($150 = 150 points x 0.5 = 75 Velocity Points). You earn $2 for every dollar point spent at Coles Express including your fuel so remember to adjust for that.
We're updating our automatic calculator tool so you won't have to do the maths yourself.
What are my Flybuys points and Velocity Points worth?
Once you've used a calculator to work out how many Flybuys or Velocity Points you’ll earn per year, what are these points actually worth?
What are my points worth in Flybuys dollars?
To determine the dollar value of your Flybuys points, let’s look at how much can redeem in shopping discounts with your points. Currently, you can redeem 2,000 Flybuys points for $10 off your shop at Coles, Liquorland or Kmart Tyre and Auto Services. So, while you’ll have to spend $2,000 Coles (or other Flybuys partners) to earn 2,000 Flybuys points, this equals a $10 discount. So, in this instance, your Flybuys points are worth $0.005 each.
What are my points worth in Velocity rewards?
Looking at domestic flights, an economy one-way flight from Sydney to Melbourne costs 7,800 Velocity Points. Your 2,000 Flybuys points (or 1000 Velocity Points) would make up just over one-eighth of the number of points you'd require for this economy domestic flights. While 1000 Velocity Points won't get you very far, it's an easy way to add to your frequent flyer balance from your everyday expenses.
Other ways to earn more points at the supermarket
From bonus points offers to shopping with a rewards credit card, here are some more ways you can earn more frequent flyer points at the supermarket checkout and beyond.
Bonus point offers on transfers
A few times a year, Flybuys or Velocity offer bonus points deals for members who transfer their supermarket rewards to their frequent flyer account. For example, if you transfer your Flybuys points to your Velocity account by a set date, you’ll earn 15% bonus Velocity Points. You should get notifications about these offers, so make sure to keep an eye on your inbox or check Finder's guide on these bonus points promotions for the latest offers.
Bonus point partners
While you'll earn 1 Flybuys point per $1 spent at Coles, you can earn more points with some other retailers. For example, you can earn 3 points per $1 spent with Budget and 2 points per $1 spent with Discovery Parks and Gday Parks. See our Flybuys guide for a full list of how many points you can earn with each partner.
Velocity or Flybuys Rewards credit card
If you're paying with a rewards credit card that will earn Flybuys points or a Velocity Frequent Flyer credit card at the supermarket, you'll earn points once with your card and again with your Flybuys card. You'll also earn points on all other eligible purchases made with your card. Some of these cards also offer new customers thousands of bonus points on sign up.
See Finder's guide to the Velocity Frequent Flyer program for more ways to earn and redeem your Velocity Points.
The Flybuys and Velocity alliance has undoubtedly expanded the ways loyal customers can redeem their supermarket rewards. However, given the low exchange rate, not-so-competitive dollar values and restrictions on points transfers, you should only be using this partnership as an opportunity to boost your balance on everyday purchases, rather than your sole means of earning points.
Prefer Qantas Points? Use our calculator to see how many Qantas Points you can earn at Woolworths.
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