Credit Card Offers 50,000 bonus KrisFlyer miles with new HSBC Star Alliance Credit Card

I am trying to work this out. I got my 25k KF points re the promo earlier this year and I will get 20k KF points after 12 months if I renew and pay the AF. l also have KF Gold due to this. Can I can the KF gold after 12 months and get the 40000 Star Alliance points in lieu of the 20k KF points.
 
Yes I am on track, I have been spending exactly 4k every month since January. Don't want to spend anymore as the points after 3k are halved.
 
I am trying to work this out. I got my 25k KF points re the promo earlier this year and I will get 20k KF points after 12 months if I renew and pay the AF. l also have KF Gold due to this. Can I can the KF gold after 12 months and get the 40000 Star Alliance points in lieu of the 20k KF points.
Those aren't the same thing. The 20k KrisFlyer miles are a specific sign on bonus; the 40k *A points is if you already hold Gold with the status airline you've chosen, which is the regular card perk. You can't swap them.
 
I understand that. I do hold Gold with SIA so can I not take up the 20k kf points but take the 40k Star Alliance and forgo my Gold status for year 2
 
I understand that. I do hold Gold with SIA so can I not take up the 20k kf points but take the 40k Star Alliance and forgo my Gold status for year 2
I think you may get both then, but @Kangol may know more based on the conversations up thread.
 

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