Singapore Airlines and Virgin Velocity allow you to swap miles back and forth

Whilst this article will only directly impact a small number of readers, I thought it was worth running because it is an interesting new development in the frequent flyer sector.

If you have any miles in the Singapore Airlines Krisflyer or Virgin Australia Velocity schemes, you can now transfer them between the two.

It works just like ‘Combine My Avios’, except in this case you are dealing with miles from two totally different programmes.

The conversion rate is 1.35 Krisflyer miles to 1 Velocity mile.

Virgin Velocity Krisflyer partnership

These are not one-way or one-off conversions.  You can move your miles back and forth, for free, as often as you want.  The only limitation is that you must move at least 5,000 miles.

One obvious reason to do this is if you have some ‘orphan’ Krisflyer or Velocity miles which you want to merge with a larger pile in the other programme.

A smarter reason is to take advantage of the different reward options each scheme offers.  As a member of Star Alliance, Krisflyer can access reward availability on all 27 Star airlines.

Virgin Velocity has its own partner airlines.  These are Etihad, Delta, Virgin America, Virgin Samoa, Air New Zealand (also Star), airberlin and Hawaiian Airlines – plus Singapore and its sister SilkAir.

For a UK resident, the most likely thing to do would be to move Krisflyer miles into Velocity in order to redeem on Etihad, Delta, airberlin or Hawaiian.

Full details can be found on the Krisflyer website here.

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Comments

  1. Only snag is that Velocity membership is only officially available to residents of Australia, New Zealand and a few other South Pacific countries. Of course, you could always use a hotel address. But if membership is limited to those countries, I don’t know whether they’d accept credit cards from elsewhere to pay for the taxes on any redemptions.

  2. The conversion rate is 1.35 VFF to 1.0 KF or 1.35 KF to 1.0 VFF. Effectively it’s a 35% charge for moving the points either way (so not like transfers between BA/IB/Avios).
    Many Australians seem to be pleased that Velocity points can now be moved to access aspirational SIA redemptions given that Velocity points are relatively easy to accumulate here.
    Howver, there are quite a few circumstances where Velocity points are more useful especially as the taxes component on VF redemptions is usually lower than KF.
    Also VF points don’t have an expiry date.

  3. Is this an opportunity to stop Krisflyer miles from expiring?

    As Andy has pointed out above, there is a 35% “tax” for the transfer each way, so if one transferred out then back in it would result in only having 42.25% of the original miles, but if the miles were about to expire, you would be avoiding a 100% tax.

  4. Lady London says:

    Wonder if you can transfer from Atlantic to Velocity?