Win one million Virgin Australia Velocity frequent flyer points
By David Flynn, July 14 2014
Not to be outdone by Qantas' recent give-away of one million Qantas Points to ten lucky members of its frequent flyer scheme, Virgin Australia is joining the "one million points give-away" gang.
Entering the contest is pretty straight-forward: just sign up to receive email alerts from Virgin Australia Holidays on the airline's latest holiday packages and events.
The promo runs through to July 31 – miss that cut-off date and you'll still get the emails but not a shot at the million points.
Interestingly, the contest Terms & Conditions specifies the "Total prize pool is 1 (one) million Velocity Frequent Flyer points valued at $27,500.00 (including GST)", which means that Virgin Australia pegs its points at 2.75c each, at least for this exercise.
(By comparison, the Qantas million points competition valued Qantas points at 2.28c each.)
Also read: Pocket an easy 10,000 Qantas Points for as little as $45
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David Flynn is the Editor-in-Chief of Executive Traveller and a bit of a travel tragic with a weakness for good coffee, shopping and lychee martinis.
Qantas - Qantas Frequent Flyer
23 Oct 2013
Total posts 699
I love the T and c's of the competition
"16. In the event of war, terrorism, state of emergency or disaster, the Promoter reserves the right to cancel, terminate, modify or suspend the promotion, subject to any written directions from a relevant regulatory authority."
QF Plat
14 Jul 2014
Total posts 31
Australian Business Traveller should compare different Q and VA products redeemed for points, when I checked out which points are better last week Q wasn't worth anything like 2.28 cents more like 0.67 cents.
24 Oct 2010
Total posts 2563
The value of points depends entirely on what you're trading them for - the values suggested by Virgin and Qantas in their contests are purely there as a requirement of the terms & conditions. For example, we did the article below in 2011 and found the purchasing power of a Qantas point ranged from 1.1 to 1.3 cents for an award flight booking to as low as 0.3 cents when shopping at the Qantas frequent flyer online store.
https://www.executivetraveller.com/what-is-a-qantas-frequent-flyer-point-worth
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