Singapore KrisFlyer introduces cash & miles option

Singapore KrisFlyer introduces cash & miles option

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Singapore has just rolled out an interesting new redemption option for KrisFlyer members whereby miles can be redeemed towards the cash cost of a ticket. Now, the value isn’t very good in most cases, especially if wanting to redeem for premium itineraries, but new options (without taking anything away) are always a good thing, in my opinion.

Through this option each KrisFlyer mile can be redeemed for 0.0102SGD (~0.0081USD) towards the cost of a ticket. To take advantage of this, simply check the “Pay with KrisFlyer miles” box when making a booking.

Singapore_KrisFlyer1

After selecting flights and getting to the payment page you’ll be given the option to select for how much of the ticket you’d like to redeem KrisFlyer miles.

Singapore_KrisFlyer2

This isn’t a great way to redeem your KrisFlyer miles. In almost all cases you can get a better value by outright redeeming miles for an award ticket, especially if you’re redeeming for Suites, First, or Business class.

But at the same time if you have a smaller quantity of miles that are about to expire, this is a better use of them than just letting them expire. You have to redeem a minimum of 5,000 miles to use this payment option.

It’s also interesting to note that you can still earn miles for the portion of your fare you’re paying. So if you pay for 50% of your ticket with miles you’d still earn 50% of the miles you’d usually earn for the portion of the ticket you’re paying for in cash.

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  1. lucky OMAAT

    @ Mike S. -- You can, though I'd say in most cases purchasing miles at four cents each is a horrible value, unless you're *really* close to the number of miles needed.

  2. lucky OMAAT

    @ ChasingThePoints -- That's simply the miles needed for the award and not the number of miles in my account. Thanks, though!

  3. lucky OMAAT

    @ Yucci -- Whoops, you're absolutely right. Fixed, thanks!

  4. Mike S. Guest

    If you have at least 50% of the miles you need for an award, won't they sell you the rest for 4cents/mile? Aeroplan does this, but its 3cents/mile

  5. AJK Member

    Dan is spot on, IMHO. This isn't necessarily a good thing.

  6. Dan Guest

    Not sure why you consider new options like this a 'good thing'. Qantas did this some time ago, effectively valuing each point at some fractional cent amount. Over time, available awards at the 'normal' redemption rates dry up, and eventually they'll have done away with the thing airlines have hated since AA introduced the first FF program - rewards based on miles flown rather than $ spent.

  7. Duncan Guest

    Qantas model "points plus pay" except on QF you get the mileage and status for the entire trip.

  8. ChasingThePoints Guest

    Lucky, you blacked out the miles in the first screen shot, but it's there in the second on the sliding scale

  9. Yucci Guest

    'each KrisFlyer mile can be redeemed for 1.02SGD (~0.81USD)'

    Shouldn't it be in cents, rather than dollars?

    0.81USD would be a great value for 1 Krisflyer mile ;)

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The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

News & links for Friday 26th July, 2013 — Point Hacks Guest

[...] Ben Schlappig has done the maths on this one. A new option is good, but generally you should steer clear. [...]

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lucky OMAAT

@ Mike S. -- You can, though I'd say in most cases purchasing miles at four cents each is a horrible value, unless you're *really* close to the number of miles needed.

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lucky OMAAT

@ ChasingThePoints -- That's simply the miles needed for the award and not the number of miles in my account. Thanks, though!

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