Back in March, Singapore Airlines KrisFlyer announced that it would soon allow Kris Miles to be redeemed for travel on their subsidiaries Tigerair and Scoot. LoyaltyLobby wrote about this back then.
Now that the program went live I had another look to evaluate if there is actually some value behind the scheme. Singapore Airlines recently published some information on their website and it prompts you to log into the account for redemption. I found the value of the Krisflyer Miles required for redemption not very great:
After logging into your Krisflyer Account you are able to select the amount and nomination of vouchers which will subsequently be issued to you. You also have to select a name on the voucher which makes one believe that those are not transferable, so beware!
It’s all together a very straight forward process, just follow the steps outlined beginning with logging into your account and then proceed to the ‘My Miles’ section.
I’m not convinced that this option of redeeming Krisflyer Miles is a great value. It might make sense if you have a very small mileage balance or a certain number of miles subject to short expiration, other than that you might want to redeem your Kris Miles with Singapore Airlines itself and get a much better inflight and ground experience. Remember that online redemptions on Singapore Airlines and Silk Air are eligible for a 15% discount.
I personally value SQ Krisflyer Miles at 25 US$ per 1000 if used for great redemptions such as First Class or Suites, especially if you can redeem from a country that has no Fuel Surcharges (YQ) such as Brazil or the Philippines (recent example here on LoyaltyLobby). The redemption value for Tigerair/Scoot vouchers translates to about 6 US$ per 1000 so you can see why I’m not too much of a fan.