Singapore Airlines Announces KrisFlyer Devaluation From July 5th

From July 5, 2022, redemption flights using Singapore Airlines KrisFlyer miles will increase by 10-15% in premium cabins and between 8-16% in economy and premium economy. However, if you’re looking to redeem KrisFlyer on Star Alliance partners, we can see increases of as much as 47%, yikes!

The last devaluation we saw in the Singapore Airlines KrisFlyer program was back in April 2019.

Book Now To Lock In Old Rates

If you’ve been looking at redeeming your KrisFlyer miles, now’s a great time to lock in some flights or face a price increase of 10-15% if you’re looking at business or first class flight redemptions.

New pricing will take effect starting July 5. So if you waitlist a flight now, but it clears after July 5, you will still be stung by the higher price.

• New KrisFlyer Saver Award Chart: click here
• Current KrisFlyer Saver Award Chart: click here

How About Star Alliance Redemptions?

Star Alliance redemptions are hit hardest with increases as much as 47% on a first-class redemption from Singapore to Europe in first class which used to cost 215,000 KrisFlyer miles return and will now go for a whopping 317,000 KrisFlyer miles!

• New KrisFlyer Star Alliance Chart: click here
• Current KrisFlyer Star Alliance Chart: click here

How About Advantage Rewards?

KrisFlyer has a more expensive award chart called “Advantage Rewards”, which offers more availability in exchange for a higher redemption cost. However, these redemptions will only see moderate increases compared to the favoured “Saver Awards”, which offer the cheapest redemption cost.

• New KrisFlyer Advantage Award Chart: click here
• Current KrisFlyer Advantage Award Chart: click here

Upgrades Aren’t Spared.

Upgrades were never priced favourably with KrisFlyer, and things are set to get worse from July 5, with upgrades on Singapore Airlines set to increase around 10%. Upgrades on Singapore Airlines are based on booking classes, so to see all the award charts; you can find the whole 7 pages right here.

How about RTW?

Luckily it appears that for now, the Singapore Airlines Round The World award charts have been left unscathed; however it could just be that, just like the Star Alliance chart, there’s a delay. Travel around the world with award flights to seven cities all you need is 180,000 KrisFlyer miles in Economy Class, 240,000 KrisFlyer miles in Business Class and 360,000 KrisFlyer miles in First Class.

Summing Up

While devaluations are unwelcome news, at least we’ve been given a month’s notice to make plans accordingly. The new devaluation edges KrisFlyer closer to the likes of Qantas Frequent Flyer, which is unfortunate but didn’t come as a surprise.