You can earn points throughout the year for each survey completed but at the moment there is a bonus deal to earn 750 points when you complete your first survey within 3 months of joining.
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How much is 750 points 'worth'? $7.50?
Yep about that if redeeming on do mystic economy flights (and one way Syd-Bris or Syd-Mel is 6,900 points plus around $22 in taxes, so almost 10% of one of those fares. But their "worth" ratchets up when you build up to redeem on international and/or business - ie you get exponentially a bit more value due to their points/price differential
The value varies depending on what you redeem it for. If you redeem for gift vouchers it is worth about $4, if you save up and redeem for a business class international flight (best value for points) it is worth about $34.
The above is based on a reward booking BNE-LAX return costing 188,000 points + tax and being equivalent to an $8500 ticket.
I did this a few weeks ago - 750 bonus is ok and prob worth it, but don't bother with their points earn rate after that - I did a few extra surveys to check it out, and on the rare occasion I qualified (after about 5 mins of questions), the surgery itself, which varied from 5-30 mins, would earn a few hundred of the providers points. Good so far - except their points the. Converted back to velocity points at a terribly low rate - ie I was getting something like 20 velocity points a survey. Worth something like 20 cents….
But the 750 is worth it
"the surgery itself"
Ouch…yeah I probably wouldn't get surgery for 20 velocity points! :p
Haha. Autocorrect fail
It is a value proposition, as in 'how much do you value your time' to do these surveys? I can't complain, as I've redeemed survey points for 8000 velocity points already this year. Admittedly, this is better value than i've ever got out of it, but a SYD-MEL flight can't be sniffed at in my books.
I think the trick here is multiple emails and multiple signups through different partners - I've got signups through US airways and Hilton as well. The same surveys often get sent to each account, meaning they subsequently take less time to fill in ;)
For those wondering:
1200 Opinion Points = 250 Velocity points
2000 Opinion Points = 500 Velocity points
3500 Opinion Points = 1000 Velocity points
6000 Opinion Points = 2000 Velocity points
Enrolment = 100 points
First survey I was offered = 400 points
If you don't qualify for survey = 25 points (took about 1min/4 questions to determine if I qualified)
Is erewards part of virgin? If so, donga100, you're kinda associated…
Yeah, I wasn't sure about ticking the rep box or not so I reported the deal to mods as soon as I posted it. I haven't heard back but the report has now been removed so I guess it's ok.
For the record, I work for Virgin Australia who owns 65% of Velocity. Velocity don't have any ownership, as far as I'm aware, of E-Rewards but they have a commercial partnership (this deal).
Scotty should give you the Ozbargain Honesty Award
Velocity is one of their "programmer sponsors". It is possible there will be more sponsors in future and your personal information will be shared between them as well. 750 pts probably equals $4 to $30? IMHO not worth it.
The sign up process is painful. I cannot use my junk mail address, they ask for DOB, the password restriction is ridiculous for a survey site.
I hate those websites asking for ridiculous password rules (upper/lower case/ numeric/ non-alpha-numeric combination). I have to "forget my password" everytime I try to log into these website. Don't they understand we have different passwords for different importance level?
And in most cases, these websites store our password in plain text.
Is the sign up working for anyone? I keep getting error messages.