Keen to receive some advice on the best way to redeem my Velocity points for 2 X 1 way business class flights to Europe (Dublin or Manchester) in August 2016.
I will have 250,000 Velocity points within the next 3-4 weeks. I’ve browsed the redemption search and there’s various ways of redeeming these points through Virgin, costing the full 250,000 plus about $90ea flight in taxes. Etihad via Sydney is one option, via Perth or direct from Melbourne, all booked directly through Virgin.
The plan was to use the Velocity points so my partner & I can both go one way business, then use my AMEX Velocity card to pay for a one way return - I understand this entitles me to an exclusive buy one, get on free offer so it would end up costing me ~4k for both of us to fly return to Europe in business class.
I understand there’s another option of transferring the Velocity points to KrisFlyer; however I’d lose about 0.3 per Velocity point transferred. Is this a sensible option and if so, would the redemption end up more/less cost effective? My preference would probably be to fly Singapore as I find their service standards much higher - this is based on economy experience with both Etihad & Singapore, appreciate Etihad business is probably pretty good too.
Outside of the above, is there another option which would make more sense to any of you? I know there’s a Velocity Vs KrisFlyer article on the site but it’s not that contextual so I’d appreciate any advice you guys can offer.