Virgin Australia sent out an email today its Velocity program members about changes taking effect on June 1, 2016.
The points expiry will change from 36 months to 24 but not retroactively and some awards are changing in the number of miles required (Etihad ones up!).
You can access Virgin Australia’s web page for these changes here.
There is an exception to the expiry policy that may affect some:
Secondly, transferring Points between family members or receiving Points from a Family Pooling relationship will no longer be considered eligible activity to prevent your Points expiring. This change will be applied retrospectively. This means, if on 1 June 2016 your only activity within the previous 36 months is Family Pooling or Points transfer between family members, you will be notified that you need to earn or redeem Points before 30 June 2016 in order to prevent your Points expiring.
Here are the award chart changes:
Group 1 Airlines:
Group 2 Airlines:
Note that the Etihad Airways was previously in the Group 1 and the changes listed here are not representative.
Here’s are the differences between the current and June 1 Etihad redemption requirements:
I have to give Virgin Australia credit for listing the number of Velocity points required changes next to each other and pointing out the increase/decrease.
They should have, however, had a different table representing Etihad Airways redemptions. One may think that they are going down when in fact they are going up by up to 45%.
These changes are good for those that redeem on the Group 2 airlines because the number of Velocity points required goes down.
When you compare the number of miles requires with other frequent flier programs, you have to keep in mind that you earn Velocity points based on the fare paid and not the miles flown (on VA).