New to the whole KrisFlyer miles game? Great news for you. Decent offers are hard to come by but hey, if you’re just starting out this will give you some bonus miles for a start.
10,270 KrisFlyer miles to be exact. Almost enough to fly you to Bangkok! Find out how below.
American Express Singapore Airlines KrisFlyer Credit Card
Here’s how it works. Really simple with low requirements too.
Just sign up for the credit card and spend $700 within the first six months. That’s it! Here are information that I grabbed off the terms and conditions.
Welcome Bonus = 5,000 miles
Welcome bonus for first time applicants of any co-branded American Express Singapore Airlines Credit Card. Card Members who have existing or cancelled co-branded American Express Singapore Airlines Credit Cards are not eligible for the Welcome Bonus. The Welcome Bonus will be awarded to Card Members after their first successful transaction, and will be credited directly into the Singapore Airlines KrisFlyer account linked to your Card.
Bonus KrisFlyer Miles on Spend = 3,000 miles
Spend S$700 within the first 6 months. You are only entitled to enjoy this offer once.
50% More Bonus KrisFlyer Miles on Spend = 1,500 miles
Applicable to new online applicants of The American Express Singapore Airlines KrisFlyer Credit Card who apply between 12th October and 15th November 2016.
Base KrisFlyer Miles on $ Spend = 770 miles
The KrisFlyer Amex credit card earns 1.1 KrisFlyer mile for every S$1 spent. Based on the $700 spent to earn that tidy sign-up bonus, the base earning rate still applies which means we get 770 miles assuming we spend exactly $700. SIA official website and Amex T&C has all the information you need so you can check it out if you have any queries.
Adding up all the miles, I would have earned a potential 10,270 miles and based on the redemption value of 8.75 cents per mile for a Suites Class ticket, 10,270 miles would be worth $898.625 to me – approximately 12% out of the 85,000 miles I would need. Not a single second was spend in the air for this. Remember that most of the time, miles are not earned from flying?
Awesome! Guess I’m going to apply for it and then use it for one or more of my bigger purchases in the upcoming months. If you think you’re almost on your way to redeeming a one-way SQ economy class ticket (redemption chart here) – what?! Ticket to Bangkok only need 10,625 miles after 15% online discount?!
But wait – resist the temptation! Economy class flights represent extremely low value and it would be much more worth while to hold out for that business or first class ticket.
Hope you’re liking what you see so far. Bon voyage!