Velocity to Krisflyer conversion devaluation

8 replies

chillybags

Member since 27 Aug 2018

Total posts 12

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

Virgin Australia - Velocity Rewards

Member since 15 Nov 2017

Total posts 143

On the same day Virgin announce a double points offer

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

Virgin Australia - Velocity Rewards

Member since 15 Nov 2017

Total posts 143

Earn double Velocity Points when you book a Virgin Australia flight by 22 October 2018 for travel between 1 January 2019 and 9 October 2019.


Need to activate offer first on website:


https://www.velocityfrequentflyer.com/content/Promotions/OCTDBLPTS/

Last editedby Chris Chamberlin at Oct 16, 2018, 10:19 AM.

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.


Which occurs first:

Flying becomes such a miserable experience people stop or

FF Programs become so worthless people don't value them.

Blake

Member since 03 May 2017

Total posts 39

I would be highly surprised if velocity don't take up the new transfer rate as well.


already announced everywhere! its a both ways decision.

djtech

Qantas - Qantas Frequent Flyer

Member since 02 Sep 2018

Total posts 350

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.

elchriss0

Virgin Australia - Velocity Rewards

Member since 13 Jan 2015

Total posts 80

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.

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

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?

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