15% transfer bonus, 15% discount on rewards

[Isochronous]

I want to book a MEL-SYD J redemption to try out the new VA product (haven't flown them since the Virgin Blue days) and lounge.

As far as I can see, standard pricing is 11,700 VFF + $21.11 in taxes.

I will be transferring points from Citibank Signature to pay this, and want to transfer precisely the correct amount since I don't normally use VA.

But based on this promo: http://www.velocityfrequentflyer.co...RID=32042372&RMID=VFF_201505_IndirectEarn_SL3 there is a 15% bonus on transfers on Citi, and 15% discount on award bookings.

So does this mean:

1) The actual price will be (11700*.85= 9,945 VFF) + $21.11?

2) Since 1.5 Citi points = 1 VFF, 9,945 VFF = 9945x1.5 = 14,917.5 Citi points

3) BUT due to the 15% transfer bonus, I should be able to get 9,945 VFF for less - so I need only transfer 1.15 x actual transfer = 14,917.5, hence amount needed = 14,917.5/1.15 = 12,971.739 = 12,9712 Citi points?

Also despite the 15% discount on award bookings, when I look at the VFF booking engine it still quotes the 11,700 + $21.11 price - when does it reduce - at check out? Or is 11,700 already the discounted price?

Also, will the 15% bonus on the amount of points transferred into VFF be deposited by VFF automatically? Or will I be stuck waiting?

I'm a complete newbie to VFF and transferring points from Citi, so just want to double check!

 

[mooingchicken]

That is the reduced rate, normally its 13,800 as seen here https://www.velocityfrequentflyer.com/content/Redeem/Airlines/PointsTables/

The auto transfer of 15% should happen at the same time BUT there has been an issue with citi, where they wernt posting check this forum and the ask VFF to see if it has been resolved yet or not

 

[Isochronous]

Thanks for the clarification.