How Much Is 40,000 Velocity Points Worth In Dollars? [Calculator]
Collecting Velocity points and wondering how much your nest egg is really worth?
The answer really depends on how you spend them. Some uses of your Velocity points are more 'rewarding' than others.
Use the calculator below to figure out just how much your points balance might be worth.
Use | Rate cents per point | Value |
---|---|---|
Domestic Economy | 1 - 1.5 | $400 - $600 |
Domestic Business | 1.5 - 2.5 | $600 - $1,000 |
International Economy | 2 - 4 | $800 - $1,600 |
International Business | 4 | $1,600 |
Points Plus Pay | 0.6 | $240 |
Shopping | 0.5 | $200 |
Hotels | 0.6 | $240 |
Rental Cars | 0.6 | $240 |
Breakdown By Use
Looking for reward seats for your next holiday? Try our free Virgin Velocity reward seat finder!
Domestic Reward Flights
Reward flights within Australia are a decent use of your points, netting you 1 to 1.5 cents per point of value for economy flights and 1.5 to 2.5 cents per point of value for business flights.
When spent on domestic economy flights, 40,000 points are worth $400 to $600.
When spent on domestic business flights, 40,000 points are worth $600 to $1,000.
International Reward Flights
International reward flights outside Australia are one of the best uses of your points, giving you the following value, depending on the cabin class you book:
- 2 to 4 cents per point for economy flights.
- 4 cents per point for business flights.
Based on your points balance of 40,000, here's how much value you could potentially redeem:
- Economy: $800 to $1,600
- Business: $1,600
Want to see where in the world your points could take you?
Points Plus Pay
Points Plus Pay is an alternative way of paying for flights using points. You can use your points to lower the cash price of any flight (not just reward flights), but at a poor redemption rate of about 0.6 cents per point.
Expect to get $240 of value for a balance of 40,000 points.
Shopping
The Velocity Rewards Store is where you can purchase gift cards and and consumer goods using your Velocity points. The redemption rate is around 0.5 cents per point.
A balance of 40,000 points will be worth about $200 here.
Hotels
With Virgin Hotels you can book hotel and other accommodation stays using your Velocity points. The redemption rate is around 0.6 cents per point.
A balance of 40,000 points will be worth about $240 here.
Rental Cars
Much like the hotels, Virgin Rental Cars let's you book rental vehicles with your Velocity points. The redemption rate is approximately 0.6 cents per point.
Your balance of 40,000 points will be get you about $240 worth of value here.
Louis Fredheim
Louis loves travelling, but hates the middle seat. He's made FlightSeats.io to help you redeem your FF points.
Louis Fredheim
Louis loves travelling, but hates the middle seat. He's made FlightSeats.io to help you redeem your FF points.