If you’ve been sitting on a large stash of flexible reward points from ANZ, Amex, Bank SA, StGeorge, Citi Bank or Westpac; now is a great time to lock in a bonus of 15% when you transfer them to Singapore Airline’s KrisFlyer program.
Personally, I’m a massive fan of KrisFlyer because of the incredible value on offer out of Australia (cheap redemption rates + low taxes) and the excellent availability when it comes to redeeming said points.
I’ve never seen a bonus offer for KrisFlyer, and no doubt #rona has something to do with it!
The Deal: 15% Bonus KrisFlyer Miles
All bank reward points conversions must be successfully converted to KrisFlyer miles by 27 December 2020, 2359 hours (GMT+8) in order to qualify for the bonus miles.
The promotion is available worldwide and luckily includes all the Australian transfer partners to KrisFlyer.
In order to get the 15% bonus, you need to transfer a minimum of 10,000 KrisFlyer Miles. For example, you would need to send 20,000 Amex Membership Rewards to get 11,500 KrisFlyer miles.
Do KrisFlyer Miles Expire?
Yes! So this is a bit of a catch, KrisFlyer miles have a lifespan of 36 months following the month in which they were first credited to your account. For example: miles credited to a member’s KrisFlyer account in July 2020 will expire on 31 July 2023.
Should you transfer?
For me, this is a no-brainer. I see this as a 15% discount on future redemptions, and I have no doubt that we will be able to travel again in the next 3 years. There are many great redemptions available with Singapore Airlines and or its Star Alliance partners, so there’s sure to be a way for you to spend said miles. The likelihood of Singapore Airlines going bust is minimal (they are backed by the Singaporean Government; which has very deep pockets).
To learn more, check out our full guide on KrisFlyer and the best uses.
To learn more about the promo, visit this page on Singapore Airlines.