Last week (read more here), Singapore Airlines launched a conversion bonus offer from banking points conversions to KrisFlyer miles.
A separate offer from Singapore Airlines allows KrisFlyer members to earn elite qualifying miles for partner transactions, including conversions (read more here).
I had RewardsCash expiring on my HSBC account this month that I needed to use.
HSBC has various airlines partners depending on the country where your account is based. The options for me were Cathay Pacific Asia Miles (no thank you), British Airways Avios (I already have enough), and Singapore Airlines KrisFlyer (I have some but can always use more).
This was my first RewardsCash to miles conversion, and it went through smoothly. I initiated the conversion of 4698 RewardsCash to Singapore Airlines KrisFlyer miles.
The conversion ratio from RewardsCash to KrisFlyer miles is 1:15.
The 4698 RewardsCash converts to 70,470 Singapore Airlines miles.
The transaction that I initiated on Wednesday last week was posted to my Singapore Airlines account yesterday, November 1, dated October 27. The miles didn’t show up, however, until today (November 2).
I earned a 15% bonus on top of the converted miles (10,571) and 14,094 elite qualifying miles.
Conversion Bonus Offer:
Earning Elite Qualifying Miles For Partner Transactions:
It would be relatively easy for me to get KrisFlyer Gold or very close to it by converting the rest of the RewardsCash I have sitting in my account, but I do not need it, as I already have Star Alliance Gold from both United Airlines and Aegean.
The issue I have with KrisFlyer miles is that they expire a set number of months after they are earned, regardless of what activity you have in your account. So you always need to pay attention to the fact, although the expiry is currently paused.
Also, the online booking engine for partner awards leaves a lot to be desired. I have no desire to call KrisFlyer to have partners booked when other Star Alliance airlines have this facility available on their respective websites.
These miles, however, come in handy when you need an award ticket or two on Singapore Airlines. This is because they much better availability for miles redeemed their program.