Looks like jaspon was onto something! Let's hope it the same velocity to KF
Indeed, I'm not likely to be sending many KF to VA!
At least I can now see some use for my 80,000+ orphaned Velocity points.Someone at KF better brace themselves for the onslaught.
At 1.35 VA -> SQ, Velocity will easily clean up KrisFlyer.
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More to an ironic point, SQ KF membership is global, but VA FF membership is limited only to Australia, New Zealand and the Pacific Islands. So there are really only a distinct set of people who will benefit from the "lesser of the fairer" halves of this venture.
Yes, I realise you can just register to some random (or friend's) address in Australia (a bit like how us AU/NZ members take advantage of BA EC membership). But as quickly realised by many here, there's likely little to no value advantage to sweeping out KF miles for VA points. The only tactical points are: (a) consolidation, and (b) saving KF points from expiring.
https://www.velocityfrequentflyer.com/content/ProgramBenefits/TermsConditions/index.htm#transfersairlines said:12.5 Any Points Transfer - Airlines are subject to the following conditions:
12.5.1 Each Points Transfer from a Member’s Velocity Membership Account must be for a minimum of 5,000 Points.
12.5.2 VFFPL reserves the right to restrict the number of Points transfers each year from a Member’s Velocity Membership Account.
12.5.3 VFFPL reserves the right to restrict and amend the minimum and maximum number of Points required for transfer from a Member’s Velocity Membership Account.
After all the doomsdayers with predictions of 3-1 and even 5-1 this looks pretty reasonable. Now to decide whether to cancel my Etihad business flights to Europe next year for Singapore First class.
Disagree! VA points has it's advantage. KF point is only useful on SQ metals and availability is not all that great, especially some of the sought after routes (eg, to US. Try to search SIN to JFK and see how many saver J you can find!) Star alliance redemption using KF is almost useless as it won't allow back tracking and the cost isn't much better than VA when you take away the 15% online discount. Whereas using VA points to redeem Etihad from SIN - JFK, the availability is much better. Almost guaranteed at least 2 F/J seats per flight everyday if you book 8-10 months in advance. Even at 3-6 months the availability is still pretty good. Not to mention EY's new Studio business class and the A380 apartment is arguably better than SQ business class and suites respectively.
Also VA has the best availability between US and AUS, which is the hardest route to find availability according to all experienced point gurus. Other than Delta (which is a pretty s**t program in the US), there isn't any other currency in US that can be used to redeem VA flights. So KF members in US might benefit from this (all major credit cards in US are transfer partners with KF!)
And don't forget the lack of fuel fines! SQ will charge you around $400 oneway for this SIN-JFK whereas EY probably will be less than $100 in taxes only (and you can offset this tax by points, so you get a true free flight!)
We think KF is more valuable than VA is because it's much harder to earn KF in Australia compare to VA. But similarly, for people outside of Australia, they may not be able to earn VA as easily as KF points!
If you live in Australia VA points are valuable no matter how they are earned....
Finally, as I said, not everyone in the world is allowed to sign up for a VA account - VFF is not a global programme in that regard - unless you do a cheese like find a random Australian address to set one up. But the bottom line is really... how valuable are VA points if you don't (usually) earn them vanilla (e.g. by flying Virgin Australia)?
What are the +++ on a SQ Krysflyer OZ-SIN one way redemption?
...then you add the rest.SQ YQ surcharge (YQ) AU$1,121.40
SQ YQ surcharge (YQ) AU$24.40
This is far, far better than pretty reasonable. IMO it's almost like giving it away, if only that VA obviously have redemptions which SQ cannot achieve.
I haven't dipped my finger in availability between Singapore and USA recently, but the last time I checked, it was easy (relatively speaking) to get premium seats. I don't mean you could get a Saver seat every day, but still decent. Of course, I search also as a single traveller; couples or more will have a harder time.