Can I sell Virgin Velocity Gold status for $5,000 ?

By asbindia | May 14, 2019, 11:51 PM
Hey All,

I am going to be able to gift Velocity Gold in about 70 SC's and have a flight to SG coming up. Just wondering if anyone has sold off the "Gift Gold" I have been through the VA Terms and Conditions but haven't seen anything on there about it being against policy.

I was thinking of chucking it on eBay for around $5,000 for 1 year Gold.
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By koji | May 15, 2019, 12:26 AM
$5000? Kidding me?
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By Mjkcan | May 15, 2019, 02:00 AM
Yeah good luck with that. It’s worth 1,000 bucks, tops.


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By TJS | May 15, 2019, 06:23 AM
$5,000?!? Presumably someone that would buy Gold status would do some flying, but not quite enough to get gold.... if they were going to buy it, I would suggest they would be able to buy flights to get them enough status credits for a lot less than $5,000!!!
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By Sibelius | May 15, 2019, 07:00 AM
I fly on Virgin occasionally, mainly MEL-SYD, and having Gold is useful. I reckon I spend maybe an extra $200/year, occasionally buying the “Elevate” fares, for the extra Status Credits to ensure I easily requalify. There’s no way I’d pay more than about $400 for Gold.
Last edited by Sibelius at May 15, 2019, 07.00 AM.
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By Nichokiu | May 15, 2019, 07:22 AM
You must be dreaming mate.

Any right mind will realise they can go buy qantas club (or equivalent), and spend the $4600 left over travelling the world.

Agree with Sibelius, $400 max.
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By Steve987 | May 15, 2019, 08:05 AM
Darryl Kerrigan needs to post on this thread.
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By josephjohn8484 | May 15, 2019, 08:17 AM
i got gold by sending 10,000 fly buys points to Virgin. What a waste of 10,000 fly buys points
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By sim86on | May 15, 2019, 09:44 AM
Main benefit of Gold is lounge access.
VA Lounge membership is $750 in the first year ($330 joining fee, $420 annual fee) with the $330 fee waived if already silver. Additionally there's the option of $65 single access passes.
I would argue the probable buyer would be a semi-frequent flyer with silver status who can't reach gold, therefore the max you could ask would have to be less than the lounge membership @ $420.
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By Joshb | May 15, 2019, 10:00 AM
Main benefit of Gold is lounge access.
VA Lounge membership is $750 in the first year ($330 joining fee, $420 annual fee) with the $330 fee waived if already silver. Additionally there's the option of $65 single access passes.
I would argue the probable buyer would be a semi-frequent flyer with silver status who can't reach gold, therefore the max you could ask would have to be less than the lounge membership @ $420.

And with VA lounge access provided through select Amex cards it makes it even harder to justify 'buying' gold status.
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By ChrisCh | May 15, 2019, 10:18 AM
Expect Virgin Australia to shut down your Velocity account very quickly if you try this, deleting the Platinum status you've earned for yourself, along with all your points, and banning you from the Velocity program for life: ditto for anybody silly enough to 'buy' the membership from you.
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By S | May 15, 2019, 10:33 AM
And the award for most ridiculous post on Ausbt this year goes to.......
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By Grannular | May 15, 2019, 11:34 AM
I am really curious to find out how you could possibly think gold status is worth $5k to someone for one year. How did you come to that number. As others have indicated, it is not worth anywhere near that.
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By Rufus1 | May 15, 2019, 11:55 AM
A friend was about to lose his Lufthansa Senator (* Gold) status a few years back. LH offered to let him keep it for two years for EUR1000. He scoffed - and dare I say *G is worth a lot more (and Senators with Lufthansa are extremely well looked after) than VA Gold!
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By Greg84 | May 15, 2019, 01:03 PM
Get an Amex Charge Card for $1,450 get Virgin Lounge access + Priority Pass, Travel Credits, Gold Status at Hotels & plenty of other benefits - save $3,500....I'd pay about $250 for Gold.

Last edited by Greg84 at May 15, 2019, 01.04 PM.
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By henrus | May 15, 2019, 04:33 PM
Obviously selling status is not ok. Just about every airline program has a section in their terms and conditions limiting this (and Virgin is no exception)...

"(a) clause 5.6.2 by selling, bartering, attempting to transfer or otherwise dealing with any Member Benefits other than in accordance with these Terms and Conditions;"

This has raised an interesting point of how much people would be willing to pay for Gold status (with responses between $300-1000). I wonder how high someone would go with Platinum Status.

I've probably saved over $1500 in Economy X fees over the past year so I wonder what others think it's worth.

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