Velocity Points and flybuys Calculator

Use our calculator to discover how many Velocity Points you can earn by spending at Coles.

Good news for flybuys members and Velocity Frequent Flyers! The alliance between Coles and Virgin Australia means that flybuys members can exchange flybuys points for Velocity Points.

Closely resembling the rival partnership between Qantas and Woolworths, you can pick up flybuys points when shopping with Coles and other flybuys partners including Target, Liquorland, Kmart, Coles Express fuel stations and OPSM. You can then swap these flybuys points for Velocity rewards in increments of 2,000 flybuys points per 870 Velocity Points. This is a rough exchange rate of 0.43 Velocity Points for every 1 flybuys point you earn.

While this alliance appears to offer more value for flybuys members and Velocity Frequent Flyers, exactly how will you be rewarded on your average shop each week? Rather than doing the maths yourself, you can use the calculator below to discover how many reward points you could earn each week or year with flybuys and 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 only equates to a $10 discount. So, in this instance, your 2,000 points are worth $0.005 each.

What are my points worth in Velocity rewards?

So, we’ve established that you’ll earn 870 Velocity Points for every 2,000 flybuys points, but how far will this get you with Velocity rewards? Looking at domestic flights, a mid-week economy one-way flight from Sydney to Melbourne is worth AUD$195.00 and costs 11,100 Velocity Points. In this case, your 2,000 flybuys points (or 870 Velocity Points) wouldn’t get you one-tenth of the way from Sydney to Melbourne. Plus, while it would cost you $2,000 to earn 870 worth of Velocity Points at Coles, you could purchase 1,000 Velocity Points for $36 through Velocity Points Booster.

It’s important to remember that most rewards have different points to dollar values, but these examples prove that it will take you more time and money to redeem your rewards if shopping at Coles is your only means of earning Velocity Points.

Other ways to earn Velocity Frequent Flyer Points on my everyday purchases

While having the flexibility to swap your flybuys points for Velocity Points is a plus for loyal Virgin Australia flyers and Coles customers, it isn’t the most competitive way to pick up frequent flyer points. Instead, you should be using this as an extra way to top up your balance on everyday purchases rather than your main source of reward points income.

If you are earning Velocity Points on your shop at Coles, here are some other ways you can boost your balance at the supermarket checkout.

Bonus point offers on transfers

Occasionally, 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 before 30 November 2016, you’ll earn 15% bonus Velocity Points. You should get notifications about these offers, so make sure to keep an eye on your inbox.

Bonus point multiplier offershappycouple-groceryshopping

As well as opportunities to earn bonus deals when transferring points, you might also find opportunities to earn extra points on purchases with some partners. For example, you can earn 3 flybuys points per $1 spent with Telstra and 10 flybuys 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 Points Booster

If you’re low on points but have a reward in mind, you can purchase points through the Velocity Points Booster service. You can purchase them in multiples of 500 (for $18) and 1,000 ($36) up to 50,000 for $1,172. Remember that the number of points purchased must not exceed 20% of the number of points needed to redeem the reward. Booster points generally have a less competitive dollar value than purchasing flights outright, so it’s better to use them as a final resort to boost your balance rather than to redeem an entire reward.

Velocity or flybuys Rewards credit card

If you pay for everyday expenses on a credit card, you might want to consider a rewards credit card that will earn flybuys points or a Velocity Frequent Flyer credit card to pick up points on every dollar spent. Some of these cards also offer bonus points on signup, which could help accelerate your account balance if you meet the spend and application requirements. Rewards credit cards sometimes come with high annual fees, though, so make sure that the value of the flybuys or Velocity Points you’re collecting outweigh these costs to enjoy full benefit from the card.

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.

Images: Shutterstock.

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10 Responses

  1. Default Gravatar
    PeterFebruary 25, 2019

    Can you turn velocity points to fly buys and if so how?

    • Avatarfinder Customer Care
      NikkiFebruary 26, 2019Staff

      Hi Peter,

      Thanks for getting in touch! Transferring flybuys to velocity is allowed but not vise versa. When you link the two programs together – This also allows you to earn Velocity Status Credits for spending at Coles, First Choice Liquor and Liquorland, which can help you achieve a higher membership level in the frequent flyer program. More information on this can be found on this page. Hope this was helpful. Don’t hesitate to message us back if you have more questions.


  2. Default Gravatar
    BradMarch 18, 2017

    Hi, If I purchase goods at Coles I get flybuys. Can I get the extra 1 point for every $2 spent if I use my velocity frequent flyer Visa prepaid card on top of the flybuys? In other words do I get the flybuys points plus the extra 1 point per every $2 spent if I use my Velocity Visa?


    • Avatarfinder Customer Care
      MayMarch 24, 2017Staff

      Hi Brad,

      Thank you for your inquiry.

      Basically, if your prepaid card is earning Velocity points and you used that card to pay for eligible purchases, you will earn Velocity points for that transaction. And if you also swiped/quoted your flybuys card number for that same purchases, you will also get flybuys points. So that means, in one transaction on eligible purchases, you will earn separate points for flybuys and Velocity. The rates will differ, though, for flybuys, please refer to the guide on this page and for Velocity here.


  3. Default Gravatar
    CarmelJanuary 10, 2017

    How many velocity points are needed to fly Sydney/Brisbane/Return

    • Avatarfinder Customer Care
      DeeJanuary 11, 2017Staff

      Hi Carmel,

      Thanks for your question.

      Minimum Velocity points to book a seat from Sydney to Brisbane and back are as follows:
      Economy – 15,600
      Premium Economy – 23,400
      Business – 31,000

      These are points needed if you are booking a seat with Virgin Atlantic, Virgin Samoa, Air New Zealand (Trans Tasman services), Alitalia, Delta Air Lines and Virgin America. Please note that the actual points you will need to book a flight maybe higher.


  4. Default Gravatar
    KenNovember 30, 2016

    I think convert Flybuy pts to Velocity pts is not worth to do it.

    In Flybuy program, 2000 points can redeem ~$10 of value;
    In Velocity program, 1800 point can redeem ~$10 of value;

    If we convert 2000 flybuy pts to Velocity pts, we only can get 870 pts, which mean the $10 of value become less than $5.

    Am I right?

    • Avatarfinder Customer Care
      MayDecember 1, 2016Staff

      Hi Ken,

      Thanks for your question.

      Yes, the 2000 flybuys points are equivalent to 870 Velocity points. To determine the real deal and face value of the points conversion, you will need to look at what you can actually redeem your Velocity points for. A wide range of options from flight tickets with Virgin Australia and its partner airlines, fuel discounts, gift cards, shopping, etc.

      Nonetheless, at the end of the day, converting your flybuys to velocity or vice versa will still depend on if there is really a need for you to do so especially when you intend to redeem a reward from both programs.


  5. Default Gravatar
    EndraNovember 4, 2016

    Can I redeem flybuy points for Velocity Frequent Flyer points? How do I go about getting the flights booked?

    • Avatarfinder Customer Care
      JasonNovember 6, 2016Staff

      Hi Endra,

      Thank you for your inquiry.

      Yes, you can trade your flybuys points for Velocity Points and you can book flights using those converted points. Please click this link for more information and steps on how to do those.


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