What Are Flybuys Points Worth? 2026 Calculator & Table

Calculator

Work out your balance

Flybuys points

Convert to Velocity, fly businessBest value

2:1 into Velocity, then a business reward seat. Best value, hardest to find.

$100–$2001c–2c/pt

Convert to Velocity, fly economy

2:1 into Velocity, then a Virgin Australia economy reward seat.

$50–$1000.5c–1c/pt

Money off at checkoutEasiest

Coles ($10 to $100 off), Bunnings, Kmart, Target, Officeworks, Liquorland and more. 2,000 points = $10.

$500.5c/pt

Flybuys gift cards

10,000 points = a $50 Coles, Bunnings, Kmart or Target gift card. Same rate as money off.

$500.5c/pt

Rewards Store products

Homewares, tech and appliances. Price the item elsewhere first: most come in under the money-off rate.

$30–$500.3c–0.5c/pt

Convert to Velocity, buy gift cards

2:1 into Velocity, then the Velocity store. Worth about half the $10 off.

$25–$280.25c–0.28c/pt

Quick answers

Flybuys points to dollars

The highlighted column is the easy option. Ranges are there on purpose: a point is worth a different amount depending on what you redeem it on.

What are Flybuys points worth?

Anywhere from 0.25c–2c a point, depending on what you redeem them on. These are the three most common ways.

Points	Money off	Rewards Store	Velocity, economy
1,000	$5	$3–$5	$5–$10
2,000	$10	$6–$10	$10–$20
3,000	$15	$9–$15	$15–$30
4,000	$20	$12–$20	$20–$40
5,000	$25	$15–$25	$25–$50
10,000	$50	$30–$50	$50–$100
15,000	$75	$45–$75	$75–$150
20,000	$100	$60–$100	$100–$200
25,000	$125	$75–$125	$125–$250
50,000	$250	$150–$250	$250–$500
100,000	$500	$300–$500	$500–$1,000

Converting

Should you convert Flybuys to Velocity?

The break-even is 1c

Flybuys and Everyday Rewards both convert 2:1. Give up $10 off, get 1,000 airline points — so converting only wins if you'll get more than 1c out of each Velocity or Qantas Point.

Flights clear it

Economy reward seats typically return 1c–2.6c a point, business far more. If you'll actually fly with them, converting can beat the $10 off — by a long way in a premium cabin.

Gift cards don't

Airline gift cards and stores return 0.4c–0.56c a point. Convert just to buy a gift card and you've roughly halved what your points were worth. Take the $10 off instead.

It's one-way

Neither transfer can be reversed. If you're not sure you'll fly, leave the points where they are — you can always convert later, but you can't convert back.

FAQ

Points value questions

How much is one Flybuys point worth?

Between 0.25c and 2c, depending on what you redeem it on: 1c–2c in Velocity business class, 0.5c–1c on Velocity economy flights, 0.5c off your shop, 0.5c as Flybuys gift cards, 0.3c–0.5c in Rewards Store products, 0.25c–0.28c as Velocity gift cards.

What are 2,000 Flybuys points worth?

2,000 Flybuys points are worth $10 off your shop, $6–$10 in Rewards Store products or $10–$20 on Velocity economy flights. Use the calculator above for every option.

What are 5,000 Flybuys points worth?

5,000 Flybuys points are worth $25 off your shop, $15–$25 in Rewards Store products or $25–$50 on Velocity economy flights. Use the calculator above for every option.

What are 10,000 Flybuys points worth?

10,000 Flybuys points are worth $50 off your shop, $30–$50 in Rewards Store products or $50–$100 on Velocity economy flights. Use the calculator above for every option.

What are 20,000 Flybuys points worth?

20,000 Flybuys points are worth $100 off your shop, $60–$100 in Rewards Store products or $100–$200 on Velocity economy flights. Use the calculator above for every option.

Should I convert Flybuys to Velocity?

Only if you'll spend the Velocity Points on flights. The transfer is 2:1, so 2,000 points is either $10 off or 1,000 Velocity Points — converting only wins if you get more than 1c per Velocity Point. Economy reward seats (1c–2c) usually clear that; gift cards (0.5c–0.56c) never do, so converting to buy gift cards roughly halves your points' value. Transfers can't be reversed.

Where these numbers come from. Only some redemptions have a published rate: Flybuys and Everyday Rewards money off, Flybuys gift cards and Bank for Christmas are all 2,000 points = $10. Both airline transfers are 2:1, per each program's own help pages. Everything else — Flybuys Rewards Store products, and anything spent through Qantas or Velocity — has no fixed rate, so those ranges come from independent 2026 valuations. What you actually get depends on the item or seat you pick, and programs can change their pricing at any time. Rates checked 11 October 2026.

Earn more of them in the first place

PointFarm puts every bonus-points offer for Flybuys, Everyday Rewards, Qantas, Velocity and Amex in one feed, and shows what each servo near you earns at the pump. Free, no account needed to browse.

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