It will also stop open doors access.
United and Delta have followed suit.
There will now befees of up to $460 for redemptions.
There is and a more expensive rate for Singapore Airlines transfers.
Most passengers, flying on the cheapest of economy tickets, will now earn fewer Miles flying Virgin Atlantic, and will find it much harder to earn status. However, passengers paying for Flexible Premium Economy or any Upper Class ticket will do well under the changes.
This gives you the chance to fast track your Velocity membership level and enjoy access to the Virgin Australia Lounge sooner.
You can earn 1 Velocity Status Credit for every $100 spent at Coles.
Some passengers will earn fewer Status Credits.
However cheaper fares are now up-gradable with points.
Virgin Australia Velocity changes redemption rates
American Airlines AAdvantage program changes
Qantas Frequent Flyer changes hit Status Credits
Cathay Pacific enhance Marco Polo frequent flyer
Etihad shake up frequent flyer scheme
Big British Airways Executive Club changes
Flybe introduces BA's Avios frequent flyer scheme
Qantas reduce Frequent Flyer miles & perks
Qantas and Emirates link frequent flyer
BA change Executive Club: Bronze & Tier Changes
Virgin link with Etihad, axe flights
Jetstar agreement with Air France-KLM
Jetstar links with Air Asia
British Airways joins AA and Iberia – Executive Club enhanced
Qantas Change Frequent Flyer Scheme
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