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At a 1.35:1 conversion rate, it may seem as though you’re ‘losing’ points – but keep in mind that the number of points needed to book a flight is different in both programs, and can be used to your advantage.
For example, a one-way journey in business class from Sydney to Singapore on the Singapore Airlines A380 costs 80,000 Velocity points, while through KrisFlyer the same seat is only 46,750 miles when booking online.
To lock in the flight at a reduced rate, savvy travellers could use the new 1.35:1 conversion rate to ship 63,113 Velocity points over to KrisFlyer (receiving 46,750 miles), and then book the journey directly through Singapore Airlines.
Sound good? Here’s how it’s done.
Swapping Velocity points for Singapore KrisFlyer miles
Unlike with family transfers, there’s no upper limit to to the number of points that you can convert, although you'll need to move across at least 5,000 Velocity points at a time.
It’s also completely free, and can be done with ease via the Virgin Australia Velocity website.
Start by logging into your Velocity account, and then select 'Points Transfer - Airlines' on the left:
Next, you'll need to link your Velocity and KrisFlyer accounts:
For things to go smoothly, the names and birth dates on both accounts need to match...
... so it's as simple as punching in your KrisFlyer number and clicking 'submit'. You'll see this if the link was successful:
At any time, you can now use the 'Points Transfer - Airlines' option to move your points from Velocity to KrisFlyer.
Double-check your transaction before going ahead, and you’re all set! Once the points appear in your KrisFlyer account, you're clear to swap them for any award normally available to KrisFlyer members.
That includes flights on Singapore Airlines and also across the Star Alliance with airlines such as United, Thai Airways, Air Canada and Lufthansa on SQ’s impressive roster.
KrisFlyer miles: advantages over Velocity points
Velocity members can already redeem their points for flights with Singapore Airlines, yet they can’t use them to upgrade to business class with SQ or to book award travel with most Star Alliance carriers.
Velocity points also can’t be traded for flights in Singapore Air's luxurious Suites Class on the Airbus A380, or the new First on the airline’s Boeing 777-300ER fleet.
That’s where KrisFlyer now steps in, with these bookings even available to base-level KrisFlyer members who have just joined the program.
And don’t forget, by following the simple steps above you’ll be able to snag a business class seat on Singapore Airlines for around 20% fewer Velocity points than by booking the same flight directly with Virgin Australia.
New to KrisFlyer? Get started with our in-depth guides:
- Singapore Airlines' KrisFlyer scheme for Aussie travellers
- Using KrisFlyer miles to upgrade to business class
- Singapore Airlines first class and A380 Suites upgrade guide
Then, begin planning your Star Alliance travel to earn Velocity points via KrisFlyer:
- Star Alliance: what Australian frequent flyers need to know
- How to plan and book a Star Alliance round-the-world trip
- Air India joins Star Alliance
- Seven one-stop Star Alliance routes to Europe from Australia
- Star Alliance’s hidden gem: the Circle Pacific fare
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