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 the for Velocity Points. You can transfer 2,000 Flybuys points for 870 Velocity Points. This is a rough exchange rate of 0.43 Velocity Points for every 1 Flybuys point you earn.
So, how many frequent flyer points could you earn based on your average shop each week? Rather than doing the maths yourself, you can use the calculator below to discover how many points you could earn each week or year with Flybuys or Velocity.
Flybuys and Velocity Points calculator
Use the calculator below to see how many Flybuys and Velocity Points you could earn based on your usual grocery spend. Simply enter how much you would spend at each of the Flybuys partners each week and the calculator will do the rest.
What are my Flybuys points and Velocity Points worth?
So, now that you know 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 flybuy 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 870 Velocity Points) would make up around one-eighth of the number of points you'd require for this economy domestic flights. While 870 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 adidas and 10 points per $1 spent with Fitbit. 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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