Just wondering if anyone has used Velocity’s buying points option? My specific question is - are you allowed to buy them to then transfer to Singapore Airlines? I’m looking at making a redemption business class to Europe next December for my wife and I, and given that seats open roughly a year in advance I don’t think I’ll have quite enough points by December of this year. I’ll need about 20,000 KrisFlyer miles ( roughly 27,000 Velocity points if I’ve used the right transfer ratio). Probably too many to earn on my credit card in the next four months.
I read the guide on this site about buying Velocity points and I tried to read as much info on Velocity’s site as I could but it’s a bit unclear (to me at least!) about whether you’re allowed to buy them and then transfer them out… The terms and conditions say:
“Points do not have a cash value and cannot be converted into cash. They cannot be sold, transferred or exchanged other than in accordance with these Terms and Conditions.”
But then I see that you’re allowed to use them for airline partners, but I’m just not sure if that means you have to redeem them through the Velocity website? Given that they have a 15% discount until the end of august, I’m keen to sort this out!