What are points and why should I earn them?
Points are the rewards you receive in the loyalty programmes of Australia’s two main airlines and supermarket groups:
- Qantas – Qantas Frequent Flyer
- Virgin Australia – Velocity Frequent Flyer
- Woolworths Group – Everyday Rewards
- Coles Group – Flybuys
The benefits of earning points can be as simple as saving money on your groceries or as grand as flying international first class for free. How you choose to redeem the points you earn is up to you, the important thing is to start earning them as soon and often as you can.
Which types of points should I earn?
There’s no reason why you can’t earn them all, but there are a few things you should first consider.
You do not need to fly often or even at all to earn or benefit from Qantas or Velocity points, but if you do have a favourite airline in Australia then you might like to prioritise earning points for that airline’s frequent flyer programme. Generally speaking, it’s easier to earn Qantas points than Velocity points as Qantas Frequent Flyer boasts a larger number of partners.
Additionally, both Coles and Woolworths allow you to transfer points you earn in their programmes to their airline partners (but not vice-versa). 2,000 Everyday Rewards points can either be converted to $10 off a future shop at Woolworths or 1,000 Qantas points. Similarly, 2,000 Flybuys points can be converted to $10 in Flybuys dollars or 1,000 Velocity points.
Converting your Everyday Rewards or Flybuys points to airline points gives you the option of redeeming them for flights which are generally considered the better value redemption compared to dollars off your grocery shop, especially if you book business class or first class flights. However, if you have no interest in flying with your points then you would probably be better off converting them to dollars off your shop. That said, you should join all four programmes anyway as there are many exclusive offers for free or cheap points that you can still take advantage of.
What does it cost to start earning points?
Velocity Frequent Flyer, Everyday Rewards and Flybuys are all free to join. Qantas Frequent Flyer nominally charges a $99.50 joining fee, but there is an easy way you can join for free.
Earning points usually necessitates spending money (eg. buying groceries, spending on a credit card etc.), but given that these are expenses most people are already going to make, you might as well earn points on them. The strategies and offers you find on this website can help you maximise your points balance at the lowest cost to you.
What are points worth?
We have an in-depth article that provides a thorough analysis of points value but the gist of it can be summarised as follows:
- 1 Qantas point = 0.5 cents to 6 cents
- 1 Velocity point = 0.5 cents to 6 cents
- 1 Everyday Rewards point = 0.5 cents
- 1 Flybuys point = 0.5 cents
Where should I begin?
Go to the pages below to see what points offers are available now: