Singapore Airlines KrisFlyer has opened a new campaign, giving between 12-15% Bonus for incoming transfers from various banks credit card points until November 22, 2021.
Earn 12% bonus miles when you convert between 10,000 and 49,999 KrisFlyer miles in a single qualifying transaction or 15% bonus miles when you convert 50,000 KrisFlyer miles or more.
The promotion requires a minimum of 10,000 miles to be moved to KrisFlyer in the period until November 22, 2021 in order to get the bonus amount credited with customers who transfer 50k+ earning an additional 3% for a total bonus of 15%.
It’s rather rare to see promotionsfor conversions to KrisFlyer and if this is something that interests you while having a decent amount of balance with various credit cards then it might be a decent option.
KrisFlyer Bonus Miles Conversion Campaign 2021
For a limited time only till 22 November 2021, boost your miles balance and earn up to 15%* more miles when you convert your bank reward points to KrisFlyer miles!
Turn your KrisFlyer miles into year-end gifts, staycations, adventures, meals, exclusive KrisFlyer Experiences, or fuel your wanderlust with that long-awaited holiday trip onboard Singapore Airlines or Scoot with family and friends.
*Earn up to 20% more miles when you convert reward points from selected bank partners in Hong Kong and Indonesia.
Singapore Airlines and their KrisFlyer program don’t really have much business right now and selling miles to banks as well incoming transfers from hotel programs is their only way to get cash in.
A global transfer promotion certainly helps to entice people to move around their points a little.
This is how the conversion process works:
Moving rather flexible credit card points to a frequent flyer program where miles are pretty much tied up doesn’t come without danger. Frequent Flyer Programs can always adjust their award charts, limit availability or in the worst case they can also go bust.
Do I expect KrisFlyer to disappear? Not really. But they could adjust their pricing and also limit what flights are bookable with miles in the account.
This promotion can also be paired with the campaign to earn status miles for points transfers:
Combined this will make a rather attractive prospect that might tempt more customers to transfer points to the KrisFlyer program. You would earn 1 Elite mile for every 5 Krisflyer miles converted.
I’d only move points around if the bonus is sufficient enough to mitigate possible price adjustments that come in the near future. Programs that have so far been very generous might feel inclined to push up their prices.
Singapore has reopened again through their Vaccinated Travel Lane (VTL) and Singapore Airlines has also restarted many routes plus announced a new one to Vancouver. It’s definitely a good idea to at least consider using Krisflyer miles to book such flights but check the availability first and also consider that the points usually take a while to hit the account.
These are the Terms & Conditions for this promotion:
These Terms and Conditions (“T&Cs“) govern the campaign (“Campaign“), organised by Singapore Airlines Limited (“SIA”), enables KrisFlyer members to earn up to 20% bonus KrisFlyer miles (“Bonus KrisFlyer miles”) and Kris+ users to earn 15% bonus KrisPay miles (“Bonus KrisPay miles”) when they convert their bank reward points (“Bank Reward Points”) with any participating bank to KrisFlyer miles (“Base KrisFlyer miles”) or KrisPay miles (“Base KrisPay miles”), respectively as prescribed by SIA from time to time in its sole and absolute discretion. This Campaign commences on 26 October 2021, 0000hrs (GMT+8) and ends 22 November 2021, 2359hrs (GMT+8) (“Campaign Period”).Bonus KrisFlyer miles
This Campaign is open to all KrisFlyer members who are customers of participating banks in the prescribed participating countries and have Bank Reward Points.
A KrisFlyer member will earn Bonus KrisFlyer miles if he or she converts his or her Bank Reward Points from a participating bank into at least 10,000 Base KrisFlyer miles in a single transaction (“Qualifying Transaction“).
A list of participating banks and the applicable Bonus KrisFlyer miles percentages is set forth in the Appendix to these T&Cs.
There is no maximum number of Bonus KrisFlyer miles that a KrisFlyer member can earn by participating in this Campaign.
The Bonus KrisFlyer miles will be calculated on a per Qualifying Transaction basis and not on the cumulative sum of Base KrisFlyer miles converted during the Campaign Period.
Converted Base KrisFlyer miles and Bonus KrisFlyer miles will be credited to a KrisFlyer member’s KrisFlyer account as per the applicable participating bank’s conversion timeframes specified in such bank’s terms and conditions.
The conversion of Bank Reward Points to Base KrisFlyer miles is subject to the terms and conditions set forth by the participating bank. KrisFlyer members will be responsible for any related fees for conversion of Bank Reward Points to KrisFlyer miles.
Bonus KrisFlyer miles awarded under the Qualifying Transactions, via the Campaign will be eligible for the accrual of status credits (PPS Value or Elite miles as applicable) under the KrisFlyer “Unlock Status Credits without Flying” campaign, which can be found here and subject to the campaign’s terms and conditions as set out therein. Notwithstanding anything contained in the aforementioned campaign’s terms and conditions to the contrary, the status credits (PPS Value or Elite miles as applicable) awarded under the KrisFlyer “Unlock Status Credits without Flying” campaign via this Campaign will be credited into the recipient’s KrisFlyer account in accordance with the following table …