This month with Flybuys, you can earn up to 4 Velocity Status Credits for every $100 spent at Coles, Liquorland and First Choice Liquor. Are you a Velocity member looking to qualify or requalify for Gold or Platinum status? If you’re just short of a few Status Credits, then this deal is for you.
The regular earn rate is 1 SC per $100 spent when scanning your Flybuys card. You can usually earn up to 10 SCs per month. However, up to 30 September 2021, that rate is doubled to 2 SCs per $100 spent and you can earn up to a maximum of 20 SCs during the month.
And if you enable auto-transfer of Velocity Points in your account too, that promo is doubled to 4 Status Credits per $100 spent, up to 40 SCs during September.
You do not need to register for this promotion – it’s automatic if you shop at Coles and scan your Flybuys card. You do need to ensure you’re linked to Velocity Frequent Flyer until 31 October 2021, just for the bonus Status Credits to flow through. The full terms and conditions of the offer are on Flybuy’s website.
How to earn Velocity Status Credits by shopping
Velocity Status Credits are typically earned through flying but there are also a few ways you can earn some extra Status Credits on the side, including by shopping at Coles.
While those Status Credits will not amount to much on their own, they will come in very handy if you find yourself just short of reaching or requalifying for your Velocity status.
Maximising Status Credits earn by grocery shopping
You can usually earn 1 Status Credit for every $100 spent at Coles, Coles Online, Liquorland and First Choice Liquor. Just scan your Flybuys card (which is linked to your Velocity account).
At the end of every month, your total eligible spend across the shops are tallied up. You will earn 1 Status Credit for every whole $100 spent (no partial credits are awarded). Individual transactions do not need to be above $100 – they will all be added together.
There is a limit of 10 Status Credits per month (from spending $1,000). Over 12 months, you would be able to earn a maximum of 120 Status Credits from a $12,000 spend, which is definitely doable for a large family.
Occasionally, ‘double Status Credits’ offers are run, where you will earn 2 Status Credits per $100 for that month. In those cases, there may be a higher maximum limit in place for that promotion.
Tobacco and gift card purchases, as well as charity donations, are exempted from earning Status Credits but alcohol purchases are included.
Status Credits usually post within one week after the end of the previous month and go straight to your Velocity account.
As per usual, you will continue to earn 1 Flybuys point per dollar of spend at these stores when scanning your Flybuys card.
Every 1,000 Flybuys points can be converted to 500 Velocity Points. Our guide to the Velocity-Flybuys partnership is the go-to place for more information on that unique redemption option.
Why should I earn Status Credits at Coles?
A couple who spends $115/week on groceries at Coles and $40/month at Liquorland, and scans their flybuys card on every transaction, can expect to receive 5 Status Credits for that month (or up to 20 if there are bonus offers). If they keep that up for a whole year, that is 60 Status Credits just from their standard monthly shop, not including any special promotions.
Assuming one of them is trying to maintain Velocity Gold status (400 Status Credits), this means they are already 15% there without setting foot on a plane.
To put it into perspective, 60 Status Credits is the equivalent of six return Sydney-Melbourne trips on the cheapest Economy fare, so it does reduce the amount of flying you would otherwise need to do.
How to earn Velocity Status Credits by shopping at Coles
- Sign up for Flybuys if you have not already
- Also join Velocity Frequent Flyer if you do not yet have an account
- Link your Flybuys and Velocity accounts to your Velocity membership
- Scan your Flybuys card whenever shopping at Coles, Liquorland or First Choice Liquor
If you do not already shop with Coles and you want to achieve or maintain Velocity status, then it is definitely worth factoring this into a decision to switch from Woolworths (where you can earn Qantas Points but no Status Credits).
The Status Credits do add up over a year. The Flybuys program also allows you to transfer your points to Velocity for Virgin Australia and partner airline redemptions, with bonus transfer promotions every few months.
The important thing is to try to not let this change your spending habits too much. Just buy what you would normally get, and take the Status Credits as a bonus on the side.