Velocity Frequent Flyer have announced several upcoming changes to the program, most of which in my opinion leave members worse off. Here is a summary:
Changes to Points Earn and Reward Seats:
- From 17 Oct 2024: Reduced points needed for domestic economy reward seats (starting from 5,900 points).
- From 21 Jan 2025: Increased points required for both domestic and international flights, including partner airlines.
- From 2 Apr 2025: Reduced points earned per dollar spent on Virgin Australia flights (from 5 points to 4 per dollar unless you have a Velocity Co-Branded Credit Card).
New Status Tiers:
- Forever Gold: Lifetime Gold status starting 1 Oct 2025 after earning 12000 status credits, backdated to 2013.
- Platinum Plus: New elite status tier launching 1 Oct 2025 for the most loyal travellers with added benefits.
Changes to Status Requirements:
- Adjustments to status credit earning rates from flights. Will now be a flat 1 status credit per $12 spent (Lite fares 1 per $24 spent). This means the status run will be dead :(
- Status qualification changes across Silver, Gold, and Platinum tiers.
- New rules on maintaining status, with changes affecting both how status credits are earned and benefits per tier.
Curious to know how the changes may affect OzBargainers.
More info: https://www.velocityfrequentflyer.com/velocity-program-chang…
"WORSER off"…….That's new one and not in my English dictionary