Just received an email from Singapore airlines stating that from Jan 1 2019 Krisflyer points will transfer to velocity at a new rate of 1.55 (from 1.35). I would be highly surprised if velocity don't take up the new transfer rate as well. Get your transfers in now before points are worth less. A really bad sign for velocity as it was one of the redeeming factors for their lack of alliance.
Is the Virgin offer in relation to Qantas running a double status credits offer? Or is it to try to have people book flights? JCH, how long does the double points offer go for?
Means your better off using the points to bake a booking via velocity than transfer.
Which occurs first:
Flying becomes such a miserable experience people stop or
FF Programs become so worthless people don't value them.
I suspect this decision was because transferring points between each was costly to both programs and they would rather people redeem for Singapore flights on their own program.
Flying is very important for many people as that is one of the quickest ways for us to get off this big island of ours so that would be the last thing to ever happen. But I agree, program devaluations are increasingly common. Whilst the transfer rate isn't a big deal, since it wasn't the best value anyway, I see this becoming more problematic overtime as redemption rates go from 8000 for a domestic flight to 80000 points.
chillybags
chillybags
Member since 27 Aug 2018
Total posts 15
Just received an email from Singapore airlines stating that from Jan 1 2019 Krisflyer points will transfer to velocity at a new rate of 1.55 (from 1.35). I would be highly surprised if velocity don't take up the new transfer rate as well. Get your transfers in now before points are worth less. A really bad sign for velocity as it was one of the redeeming factors for their lack of alliance.
jch
jch
Virgin Australia - Velocity Rewards
Member since 15 Nov 2017
Total posts 143
On the same day Virgin announce a double points offer
Red Cee
Red Cee
Member since 15 Feb 2018
Total posts 151
Is the Virgin offer in relation to Qantas running a double status credits offer? Or is it to try to have people book flights? JCH, how long does the double points offer go for?
jch
jch
Virgin Australia - Velocity Rewards
Member since 15 Nov 2017
Total posts 143
Need to activate offer first on website:
https://www.velocityfrequentflyer.com/content/Promotions/OCTDBLPTS/
sydboy007
sydboy007
Qantas - Qantas Frequent Flyer
Member since 08 Jul 2016
Total posts 2
Means your better off using the points to bake a booking via velocity than transfer.
Blake
Blake
Member since 03 May 2017
Total posts 39
already announced everywhere! its a both ways decision.
djtech
djtech
Qantas - Qantas Frequent Flyer
Member since 02 Sep 2018
Total posts 375
I suspect this decision was because transferring points between each was costly to both programs and they would rather people redeem for Singapore flights on their own program.
elchriss0
elchriss0
Virgin Australia - Velocity Rewards
Member since 13 Jan 2015
Total posts 80
The problem with booking via velocity is the non existent availability...shpws up with once a week to LHR vs multiple combinations a day with SQ.
stp99
stp99
Member since 19 Oct 2018
Total posts 1
Given this am I best to collect kris flyer points instead of velocity on a sq flight?