AMEX points transfer to Velocity via Krisflyer for 30% more?

3 replies

Doubleplatinum Banned

Qantas - Qantas Frequent Flyer Platinum

Member since 07 Feb 2013

Total posts 431

Soon going to get 100,000 bonus off the explorer amex, am I wrong in thinking that transferring via krisflyer to velocity will net 30% more points? The transfer ratio for both is 3 to 4 so would get 75,000 krisflyer or velocity points transferring to each directly, however sending through krisflyer would then give you 30% more when subsequently transferring to velocity due to the value difference between the 2 programs (1.3/1) - is my thinking incorrect? Thanks in advance

Sibelius

Virgin Australia - Velocity Rewards

Member since 06 Aug 2017

Total posts 90

Much as it would be wonderful if it worked that way, I'm afraid it doesn't.

When you transfer your Velocity points to KrisFlyer miles, you'll get 1 KrisFlyer mile for every 1.35 Velocity point ... and when you go the other way, you'll get 1 Velocity point for every 1.35 KrisFlyer miles.
So if you transfer your 75,000 KrisFlyer miles to Velocity, you'll end up with approximately 55,000 Velocity points.

dimi

Qantas - Qantas Frequent Flyer

Member since 13 Jul 2012

Total posts 148

You don’t get more points when transferring them between Velocity and KrisFlyer.

Transfer in any direction involves a ~26% tax (1 point for 1.35).

Last editedby dimi at Apr 23, 2018, 01:05 PM.

Doubleplatinum Banned

Qantas - Qantas Frequent Flyer Platinum

Member since 07 Feb 2013

Total posts 431

Ah understood thanks so much for the advice! I was thinking it couldn't be that easy!

Hi Guest, join in the discussion on AMEX points transfer to Velocity via Krisflyer for 30% more?

Attach Files