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Singapore Airlines has launched a new bonus that offers up to 15% extra KrisFlyer miles when transferring bank points to your account.
The Deal
- Get a 12-15% bonus when transferring bank points to your Singapore Airlines KrisFlyer account.
- 12% bonus – transfer 10,000-49,999 points
- 15% bonus – transfer 50,000+ points
- Direct link to offer.
Key Terms
- 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”).
- 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”).
- 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.
- 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:
- Earned on the Base KrisFlyer miles converted – 7 (seven) working days after the Base KrisFlyer miles have been credited for the qualifying conversion transaction
- Earned on the Bonus KrisFlyer miles – 3 weeks after the end of the campaign i.e. by 14 December 2021 or such other date as SIA may prescribe from time to time
Quick Thoughts
This transfer bonus is on the Singapore Airlines side, so you won’t see it when logging in to your transferable currency account. The landing page for this offer has a long list of eligible banks worldwide for this promotion, with the pertinent ones for US residents being the following:
- Chase
- American Express
- Citi
- Capital One
- Brex
Note that this is a two-tiered transfer bonus. You’ll earn 12% bonus miles if transferring 10,000-49,999 points to your KrisFlyer account or 15% if transferring 50,000+ points. That’s calculated on a per-transaction basis, so if you transferred 25,000 points from Chase and 25,000 from Citi, you’d only earn a 12% bonus, but transferring 50,000 from one or the other would earn a 15% bonus.
What’s even better is that this promotion stacks nicely with their offer that awards status with Singapore Airlines when transferring in points. To earn Silver or Gold status with that promotion, you need to transfer in 125,000 or 250,000 miles respectively. The great thing is that the bonus miles you earn from this transfer bonus count towards those thresholds. That means you only need to transfer in 109,000 points for Silver status or 218,000 points for Gold status.
Award Wallet also reports today that there’s great First Class award availability on Singapore Airlines right now, so this transfer bonus can reduce how many points you need to transfer in order to book those flights.
Got off the phone with them and they are adment that the bonus miles will not count towards elite status…
…I guess I will have to wait until the 14th to really take them to task on it. Here’s hoping I won’t have too.
A friend was advised of the same thing when he called, but the terms clearly state the bonus miles will count and so I’m hoping the status credits automatically once.
So far nothing
I sent them a message this morning and copied their T&Cs. We will see but I have little hope. I’ll post back when I hear.
oh well hopefully there is someone with a big twitter following that can call them out on it….
just wondering, would this be something to complain about to the DOT, or the CFPB?
Notice how the bloggers are quick to promote these deals, but where are they to expose them when they don’t meet the terms?
I don’t think there is any reason to get so salty, especially as there was barely a chance for them to do anything.
Either way, thank God I have good news as I just got a call that they apologize for the misinformation, and that they will in fact award EQM on the bonus miles as well.
Salty is a judgement call. You must be one of those judgmental people who profess God.
I simply made an observation.
Anyway I’m happy for you that you got the credit. I’ve received no word yet.
Thanks for checking. I just checked my account and nothing on the bonus miles yet, so I was curious.
NEWS–my bonus miles for elite status just posted within the last day or two.
Please see my comment below. They just posted.
Thanks
Though I still i’m silver
Can’t help you there. I transferred just enough to keep me barely in Silver–planning to transfer the rest in January for that extra month of Star Alliance Gold and United Club access.
I decided to do this to get Gold with Singapore. Then using that to get a higher elite level with ITA. Hopefully, they’ll secure Gold with Skyteam!
I went with a full 250k so I have Gold before ITA ends the status match window.
I wanted to fly in the suites with my girlfriend in September and I have a trip to SE Asia in April this year, so I’ll likely make good use of those transferred miles!
Sorry what is ITA? Is that Italian Airlines?
It’s the new national carrier of Italy now that Alitalia is no more.
Well, it’s a good thing I received 300k Brex points in January from a few LLCs I had!
No FM article like this should be complete without pointing out the sweet spots.
You won’t get elite credit for the bonus. You will need to transfer 250,000 from banks in order to get the gold status. I transfered 21800 and only received 43600 of elite miles.
The terms state the following:
It therefore seems like it’ll take a few weeks after the end of this promo before you get the elite credit.
I am really struggling on whether or not to pull the trigger on this one. Losing the flexibility of 250,000 MR points and locking them in to SingaporeAir for Star alliance gold. What factors made you decide to do it?
I am also concerned about getting locked in. What are benefits of Star Alliance Gold that drive this decision. I could probably plan a trip (pending award availability) using SA in 4Q next year, but not more than one RT.
Don’t do it unless you have specific plans for how you’ll use the points. Singapore miles expire after 3 years with very few options to extend beyond that.
Thanks Greg! Can we search for award space without having miles in KrisFlyer ? I do not even have a KrisFlyer account yet.
IIR, you need to open an account, but you don’t have to have miles to do the search.
I just pulled the trigger on transferring 110K Amex points. Back in August I had moved 100,000 Brex points which there was some promo running with Brex I got 120K Kris points + 26K elite. Right now I have 46K elite towards Gold (Kris) & 246.5K Kris miles. I need 280K for a trip to book in mid August 2022. I will transfer the balance needed for Gold before the end of February 2022 just to push my Gold status as far out. Hopefully being Gold when booking will help not being blocked out on such limited seats.
excellent timing, believing there wont be too many on the road(air).
if you transfer 50K from 1 bank, 50K from another, do you get 15% bonus twice?
Yes
Great. That means there will be millions of speculative miles transferred to this program to quickly suck up all award premium space.