Virgin Australia - Velocity Rewards
Member since 03 Feb 2018
Total posts 4
Qantas - Qantas Frequent Flyer
Member since 07 Jan 2011
Total posts 113
Member since 05 Sep 2013
Total posts 27
Member since 06 Aug 2017
Total posts 71
First things first: you must transfer your NAB points before you close the account, or you will lose them all. NAB points can be transferred into Airpoints, Asia Miles and Velocity. I personally would choose Velocity because of its affiliation with Singapore Airlines and the easy transfer of points into KrisFlyer miles if you choose to do so at a later date.
You need to do some research on Oneworld and Star Alliance and decide whether you want to focus on accumulating points that can be used on each programme. To further complicate matters, Qantas points can be used on Emirates flights as well as Oneworld flights. In the same way, Velocity points can be used on Etihad.
Not knowing your specific situation, I would personally choose Star Alliance for two reasons: Thai is a Star Alliance airline, and the easy transfer of Velocity Points into the Star Alliance universe via KrisFlyer. However, I'm sure some readers of this forum would disagree, and they may be right -- only YOU know your personal situation.
So one possible course of action for you is to transfer all your points into KrisFlyer (either directly, in the case of your Westpac points, or via Velocity in the case of your NAB points). Your KrisFlyer points can then be used with Thai, Singapore and a whole lot of other airlines.
There are other options. For example, you could keep some or all of your Velocity points and use them to fly Virgin Atlantic from Hong Kong to the UK.
This is complex. Take your time to decide what to do. But get those points out of NAB rewards before you cancel!
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How to use all my points??
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