If you’ve accumulated a stockpile of Virgin Velocity points, you don’t just have to redeem them on Virgin Australia flights! In addition, Velocity points can be transferred across to the Singapore Airlines KrisFlyer program. So, how does this work exactly, and what are the benefits of transferring?
As long as you have an account with both airlines, points can be transferred easily and quickly online. The transfer rate is 1.35:1, and vice versa. This effectively means that there is a 35% “penalty” for transfers between the programs. There is also a minimum amount of 5,000 points per transfer. Other than that, the process is fairly straightforward.
There are numerous compelling reasons to consider transferring your Velocity points. Despite the 35% “penalty” on transfers, KrisFlyer points are considered by many to be a more valuable currency. Firstly, they come with greater access to a wider selection of seats on Singapore Airlines’ own flights. This includes the airline’s popular First Class Suites, which are not otherwise available to Velocity members. Plus, Singapore Airlines flights booked online with KrisFlyer miles receive a 15% discount, further sweetening the deal.
KrisFlyer miles can also be used to fly on any other Star Alliance airline. This opens up almost two dozen airlines not otherwise available for Velocity flight redemptions including Lufthansa, Thai Airways, ANA and United. Plus, in extreme cases, it will actually cost fewer points (even after transferring them) to redeem for some Virgin Australia flights!
If you have a particular flight redemption in mind, why not compare the value of using both programs?
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