For the month of December 2023, Amex is offering a 30% bonus on points transfers to Virgin Atlantic. While that’s open to all eligible US card members, there appears to be a second transfer bonus available as well, though it’s targeted and has limited supplies.
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Transfer Amex points to KrisFlyer with a 20% bonus
The American Express Membership Rewards program in the United States is offering a targeted 20% bonus on points transfers to Singapore Airlines KrisFlyer. This promotion is valid for points transfers through Sunday, December 31, 2023, or while supplies last.
I see this offer on all the accounts that I manage. However, I assume the offer is targeted because the end date is only listed in the “See Offer Terms” section, while when the offer is publicly available, the end date is listed on the main page. If you look at the terms, you’ll see that the offer is valid through December 31 “or while supplies last,” so you’ll want to make a transfer sooner rather than later, if interested.
Ordinarily points transfer at a 1:1 ratio (in 1,000 point increments), while through this promotion you’d get 1,200 KrisFlyer miles for every 1,000 Membership Rewards points transferred.
I could be mistaken, but this is the first time I ever recall seeing a transfer bonus from a major transferable points currency to Singapore Airlines KrisFlyer that’s being offered on the bank’s end. A couple of times we’ve seen KrisFlyer incentivize bank transfers, but that’s about it.
Should you transfer Amex points to Singapore Airlines?
The single reason you should want to collect KrisFlyer miles is if you want to redeem for travel on Singapore Airlines. That’s because Singapore Airlines restricts much of its premium cabin award space to members of its own KrisFlyer program, and this especially applies to redemptions in Suites and first class.
Singapore Airlines is one of the world’s best airline brands, and offers both one of the best first class and best business class products out there. If you want that experience, KrisFlyer miles leave you best positioned. The good news with KrisFlyer is that the program partners with most major transferable points currencies. However, we don’t regularly see transfer bonuses, which is what makes this opportunity so special.
Obviously there could be value in taking advantage of this if you have a short term redemption in mind. However, I think it could also be worth a speculative transfer, depending on when you next plan on redeeming on Singapore Airlines.
For example, I redeem through KrisFlyer fairly regularly, but have no immediate plans to make a new booking. Still, I would likely otherwise make a transfer without a bonus, so it could be worth taking the risk of transferring points with this offer.
At the moment Amex is offering a targeted 20% bonus when you transfer points to Singapore Airlines KrisFlyer. You’ll want to check your account to see if you’re eligible for this, as the offer is valid for select members through December 31 or while supplies last.
KrisFlyer is the best program for Singapore Airlines premium cabin redemptions, and for the first time I can recall, we’re seeing a bonus directly from a transferable points currency to the program. This is a pretty noteworthy offer, since it’s anyone’s guess when we’ll see something like this again.
Do you plan on taking advantage of this Amex transfer bonus to Singapore KrisFlyer?