750 VIP points will get you to VIP 5 according to I need help constructing a VIP Rewards guide - #21 by Sirrian
What does VIP 5 get you? Mainly access to VIP Chests, but see - How to become a VIP - 3.0 for the rest.
Personally, I’m VIP 2 and content.
Edit: After posting I saw this is for console. I don’t know if there are differences because of that.