Convert HSBC Rewards Points into Virgin Frequent Flyer Points

24th Nov 2016

In case you are a lucky owner of an HSBC credit card you will probably be happy with the fact that you can now convert your HSBC Rewards points into Virgin Australia Velocity Frequent Flyer points and book a free flight or upgrade to a higher class like Business Class or Premium Class.

Points are converted on a 2 to 1 basis and you can convert either 5,000 or 10,000 HSBC Rewards points in one go. This works whether you have an HSBC Premier or and HSBC Platinum Card. Of course, you also need to be a member of the Velocity Frequent Flyer club.

In case you are converting 5,000 HSBC Rewards points, you can get 2,500 Virgin Australia Velocity Frequent Flyer points, while if you convert 10,000 HSBC Rewards points you will land 5,000 Velocity Frequent Flyer points.

Individual transfers can only be made in 5,000 or 10,000, so you can't do them in increments of the same or in multiples. In other words, if you have 50,000 HSBC Rewards points on your card and decide to convert them all into VA Velocity Frequent Flyer points, you will have to make 5 transfers of 10,000 HSBC Rewards points.

It gets even better if you convert your points this month. During November, you can also get a 15% bonus. This means that if you convert 5,000 HSBC Rewards points, instead of 2,500 Velocity Frequent Flyer points, you get 2,875 Velocity points and instead of 5,000 Velocity points on 10,000 HSBC Rewards points you'll get 5,570 Velocity points.

Also, you'll be happy to hear that there is no limit as to how many transfers you are allowed to make from HSVC Rewards points into Virgin Australia Velocity Frequent Flyer points.

To transfer HSBC Rewards points into Velocity points simply log into HSBC Rewards website with your credentials. Your new points will be available in your Velocity Frequent Flyer account within the next five days. If you're asked for a "reward code" you can find them below:

For HSBC Premier cardholders:

- 5,000 HSBC Rewards points into 2,500 Velocity points (code: 9908)

- 10,000 HSBC Rewards points into 5,000 Velocity points (code: 9909)

For HSBC Platinum cardholders:

- 5,000 HSBC Rewards points into 2,500 Velocity points (code: 9906)

- 10,000 HSBC Rewards points into 5,000 Velocity points (code: 9907)