Virgin Australia inks frequent flyer points partnership with HSBC

By Chris C., September 1 2015
Virgin Australia inks frequent flyer points partnership with HSBC

HSBC Platinum and Premier credit card customers can now earn Virgin Australia Velocity frequent flyer points on their everyday spends.

Additionally, cardholders who have already notched up points in HSBC’s Rewards Plus scheme can too convert those into Velocity Points from today.

You’ll get one Velocity Point for every two HSBC Rewards points you send across, with a minimum transfer amount of 5,000 HSBC Rewards points at a time – earning you at least 2,500 Velocity Points with every transfer.

Effectively, that means you can earn 0.5 Velocity Points per dollar spent on the HSBC Platinum Visa and 0.625 Velocity Points per dollar on the HSBC Premier World MasterCard.

To celebrate the new tie-up, HSBC customers will also earn a 15% bonus when shipping across their HSBC points to Velocity between September 1 and October 15 2015, making those 5,000 HSBC points worth a slightly-higher 2,875 Velocity Points.

Customers with an HSBC Platinum Qantas Visa will continue to earn Qantas frequent flyer points, while Virgin Australia joins the ranks of Cathay Pacific and Singapore Airlines in HSBC Rewards Plus, which both offer similar conversion rates.

For more information or to transfer your points today, visit the HSBC website.

Also read: Earn 100,000 Velocity points with American Express

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Chris C.

Chris is a a former contributor to Executive Traveller.

Qantas - Qantas Frequent Flyer

16 Jun 2011

Total posts 70

Cathay Pacific and Singapore Airlines redemptins are actually Premier Rewards - you need to have the Premier card.

24 Apr 2012

Total posts 2514

Indeed, but they are however both part of HSBC Rewards Plus and follow the same conversion rates (sans 15% bonus) where available.

19 Jul 2012

Total posts 15

Completely confused. Do I need a Premier card to transfer points to SQ or will both cards link to Rewards Plus and thus allow tarnsfer to SQ and VA?

01 Sep 2015

Total posts 17

I checked hsbc online and could not confirm the 15% bonus. After talking to a hsbc rep who checked on ausbt article and verified with their internal department then advised me after redemption velocity would apply 15% automatically and they can assure that. I would be more convinient if HSBC and Velocity publish this offer woundn't it? Aparent it is only new and have to accept their imperfections :)

01 Sep 2015

Total posts 17

sorry for the typos, you get the idea. Not a pro publisher apparently. 

01 Sep 2015

Total posts 17

Apparently the lovely rep from HSBC called again advising there are conflicting information internally with the date of the offer commencing 1st vs 15th September. Given that I have already redemped they offered to cancel the redemption and give a call back in few days after verifying with rewards team. 

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