Transfer Velocity points to Singapore Airlines

Hi.

Does anybody know when/if Virgin will reinstate the transfer of Velocity Points to Singapore Airlines Krisflyer?

Extremely unlikely this will return under the ownership of Bain. If in the slim chance it does return, it'll be likely due to Bain 'getting something from SQ' to cover the costs of operating the program, plus with a worse transfer rate.

It was reported to be a money drain/loser back when VA was part owned by SQ, Bain won't be keen to pay SQ for points unless if theres 'something in it for them' as per all PE firms.

Whilst I hope you are wrong, I think I agree with you. If that is the case I will be burning my points and going back to Qantas.

This was the only good reason to have VA points was the krisflyer swap.

Its a damn shame, but I guess its easier to maintain 1 program than 2

a bit unfortunate.imagine if you were in a situation where part of your journey was SIA,or air nz or air canada or united or thai or lufthansa and you had krisflyer to earn points on and they are not transferrable.i had a thai royal orchid for all of that in the past but was lucky to have been donated the miles to help a bangkok hospital in their case.

I hold a sliver of hope it will return. Lets consider the recent prognosis that Virgin was all but dead in the water, any return was as a LCC and at best, in between a LCC and FCC. Certainly no business class, food and drinks purchased on board. Lounges? Well, kiss those good-bye! So, IMHO, Bain being a bottom line beast will have costed the potential loss of velocity members to QFF should they not provide an alternative. I am one of those people that once its absolutely clear I have no award options beyond Australian borders then I will burn my VFF points and not return (unless its an exceptional deal). So, I hold a sliver of hope because Bain needs international partners, the pandemic has assisted the delay but the clock is ticking.

From the SQ website:
Can I earn KrisFlyer Elite Miles on Virgin Australia

It would be nice if it happens, but not holding my breath. Best halfway realistic case I believe , I’d be hoping for a travel bubble to open up to S’pore and/or Thailand so I can burn some of my VA points on a SQ biz-cl return trip.

Meantime, I’ve given up hope on ever being permitted to travel freely beyond limited parts of SE Asia at best. Time and age are against me, sadly.

Remember that you could still redeem on SQ flights. The points transfer function was highly unusual in the world of FF programs unless there was joint ownership involved (e.g. Avios).

That's true Antysyd, however being able to transfer to SQ opened up a lot more award flights IIRC.

IMO, the SQ stake in VA at the time largely contributed to the unique arrangement.

Saying that a lot of people would be hoping Bain would at least renegotiate/renew the SQ partnership, even if Bain are not keen on resuming the Velocity/Krisflyer transfer arrangement for reasons mentioned in the previous posts.

Virgin might join one of the global programs to boost the value of the Velocity points however with long haul still a long way off probably not in any rush. They would be accumulating too many points for just domestic so they will ahve to find a way for members to burn them - only so many toasters one can have.

How do i keep my Krisflyer account open so as not to loose my points even when i cant travel as yet .Is there a complementry credit card i should get ?

Your points/miles are valid for 3 years from the end of the month that they were earned in, so if earned 15th April 2021 would be valid until 30th April 2024. You are also able to extend their expiry date once for 6 mths or 12 mths depending on your status level. This can be done using points (1200) or paying a fee (US$12) per 10,000 points you want to extend.

What are the prospects of SIA and Virgin allowing a transfer back of points moved from Virgin to SIA before Administration? Would be good revenue for Virgin.