krisflyer miles value
Unlike KrisFlyer Miles, elite miles and PPS value can only be earned by flying. What is the Best Way to Use Credit Card Points? That’s an increase of only ~7,000 miles. No is the answer, on that assumption we’d be making a loss. We examined four short to medium-haul trips (Bali, Hong Kong, Da Nang and Beijing) and also four of long-haul trips (Auckland, Zurich, New York and Paris) all originating in Singapore and booked as round-trip saver awards. If a higher proportion of your redemptions are in Economy Class than ours, by all means it’s a safe benchmark. The ‘value’ of those is slightly false as we already mentioned earlier in Part 2. As you can see things were much better in 2017, though as mentioned it’s not a like-for-like comparison due to the routes analysed and the time of year (we were looking at short and medium-haul prices in February and long-haul prices in May last time round, this time it’s September and December respectively). It means that, provided you have enough miles, you can lock in redemption tickets as an ‘insurance policy’ for a probable trip as soon as they become available, knowing it is relatively inexpensive to cancel even the day before travel if you’ve changed your plans, find an alternative, or just can’t go. That’s because fuel surcharges were eliminated from award tickets in March 2017, and for many cheaper Economy fares that outweighed the increased miles cost. In fact, most banks in Singapore only allow cardholders to redeem their rewards points for only either SIA's KrisFlyer miles or Cathay Pacific's Asia miles. Their valuations are much higher due to the fact that it is based on their redemption preferences which often include Business or even First Class flight redemptions as well as taking advantage of redemption deals such as KrisFlyer Spontaneous Escapes. The same goes for just about any Singapore Airlines route. Still good of course, but not as good. It requires 25,000 Elite miles to qualify for, but there’s no spending requirement. Discover the best way to maximise value per point, and how to use the Redemption The best way and some say the only sensible way to utilise credit cards rewards points is to redeem them for air miles. If you have plans to spend $1,000 within 3 months, AMEX will double that bonus to 10,000. Bottom line here is that whenever you convert your KrisFlyer miles to any form of cash (or pseudo cash) it’s almost always at a terrible rate. You may also sign up for American Express Krisflyer card and receive 5,000 miles (worth $85) after just 1 spending of any amount. If you need to change the date of your flight, assuming there are still award seats available on the date you want to change to. *The average value of a KrisFlyer mile under the various flight class scenarios is derived from a full list of destinations available for each flight class and not only for the destinations listed in the table. If anyone value miles that way, let me know, and I’ll gladly sell you some miles for 15 cents each (just kidding, since you can’t buy/sell miles). Depending on your geographical location and circumstances, and of course how many of your miles are about to disappear, we came up with up to 12 methods to get something rather than nothing out of them, and at least 9 of them were superior to these two options! The redemption doesn’t therefore translate to a ‘true’ cash saving, as you wouldn’t have been prepared to part with that amount of money for the ticket, had the redemption not been available. I can buy a ticket for $517 or I can use 20,000 Kris Flyer points and pay $94 which is the best deal ? We just can’t hold our hand on our heart and say it’s fully defensible anymore, especially if you’re buying miles as many of our readers are, whether that be through credit card sign-up bonuses, conversion of points from the likes of Chope and Grab Rewards, or paying a credit card fee to make an overseas transaction or pay a local bill purely to earn miles in the process. Using the example of a Singapore return Economy flight to London above, one has to take the base fare (exclusive of airport/government taxes) of $930 and divide it by 76,000 miles which is the number of miles required to redeem the same flight. That’s nice and safe in our book; personally we’d still buy miles slightly above that if we needed them. Realistically, you must compare the miles used against the Flexi fare when assessing the value, meaning that your miles in this case achieved 2.65 cents each. Take a flight from Singapore to Paris for example. Frequent flyers and/or high spenders can afford to redeem Business or First Class tickets because they fly and/or spend enough to accumulate loads of miles to fly luxuriously. Obviously, he or she would be able to go on more overseas trips using miles redemptions if he or she were to redeem Economy Class tickets (implied average valuation of 1.24 cents per mile) as compared to Business Class tickets (3.17 cents per mile). We personally value KrisFlyer miles, conservatively. Those points can come from any of Singapore Airlines’ “global bank partners” – and in Australia, that roster is quite comprehensive. * Note: SIA is already only carrier operating First Class on this route. Other ways to waste KrisFlyer miles include buying something from KrisShop at 0.80 cents per mile, converting KrisFlyer miles to Tap for More points for your Passion Card at 0.73 cents per mile or converting to KrisPay mile at 0.67 cents or Esso Smiles Points at 0.67 cents We strongly discourage utilising the foolish methods to waste your hard-earned miles as it destroys value and defeats the purpose of accumulating miles. 1 PPS Value for every 10 KrisFlyer miles earned or converted 1 Elite mile for every 5 KrisFlyer miles earned or converted There’s no limit to the status miles you can earn this way. If you’re just getting started in this game and your objective is the same as ours (amazing First and Business Class redemptions with one of the world’s finest airlines) then we’re happy recommending 1.9 cents as a starting point, until you ‘fine tune’ your valuation. (Refer to average value of a KrisFlyer mile for Economy Class, Premium Economy Class, Business Class and First Class for more information). Singapore Airlines price their Premium Economy redemptions just below Business Class, which is a farce, not only when you look at the difference in product and service, but also when you see the difference in price. That means assessing them against the best value, but still realistic full fare cash booking. If the full amount is paid with KrisFlyer miles, no KrisFlyer miles, Elite miles and PPS Value will be earned. Value KrisFlyer miles are one of the valuable airline currencies in the world. All of this still sounds good, after all approximately 3 cents+ per mile is normally far above what you obtained them for. But what if a ‘Saver’ redemption is not available in either direction, just an ‘Advantage’ redemption? That’s not only because the cost of the ticket is very high, but also that there are very few cheap First Class alternatives with other carriers on most routes. Although you can earn KrisFlyer miles from a host of ground partners like financial institutions, car rentals and hotels, you can The Economy Value has dropped in the latest round not because of an increased miles cost (there wasn’t one), but because taxes on those routes have in fact increased. That dilutes the earning rate a little, to 3.00 cents per mile. We’re going to repeat our 2017 analysis in this article using the latest KrisFlyer redemption rates, breaking it down under the following sections: Just 1 cent (or, more accurately, 1.02 cents). We’ve therefore focused on our predominant use of the KrisFlyer scheme, saver Business Class redemptions both short and long, to more accurately assess the value we achieve. This remains our objective (and should be yours too). It provides potentially more bang for bucks as compared to redeeming them for cash credit (See Credit Cards Reward Points Redemption Rates) or shopping vouchers even if you use a credit card that earns 4 miles per $1 spend (or 10X Rewards Points). Unless you’re making a small top up to achieve a specific redemption, you must build in a comfortable buffer between the cost of buying miles and the value you can achieve from them. It generates a theoretical miles value of 5.51 cents per mile versus the Singapore Airlines fare, 4.71 cents per mile against the Qantas fare, and 4.39 cents per mile against the Etihad fare. If you redeem only in Economy Class, you’ll probably achieve, If you mix your redemptions between Economy and Business Class, you should achieve. Enter your email address to follow Mainly Miles and receive email notifications of new posts. Here are the approximate value-per-mile rates for the different classes of travel: Economy/Premium Economy: 1-2 cents per mile Business Class: 4-6 cents per mile Suites/First Class: 6-9 cents per mile How Are You Spending What is the Value of a KrisFlyer Mile for Different Classes of Flights? Of course, you would only go down the part-pay with miles route if a redemption was not available, and you needed to travel. Granted you could earn miles in an alternative oneworld or SkyTeam program, but that’s only much use if you can accrue enough over a year or two to effectively use them. Even if he or she were to make good use of Mileage Credit Cards with Signup Promotions and take full advantage of the 3 years validity of KrisFlyer miles to accumulate miles using the Best Mileage Credit Cards, it is likely that he or she will use the miles for a medium or long haul flight (Zone 4 and above) and not for a short haul Business Class flight (Zone 2 and 3) for a better holiday trip. Currently, KrisFlyer members can convert a minimum of 20,000 miles into Shangri-La Golden Circle points at a 12:1 ratio (a maximum of 180,000 miles can be converted per calendar year). Assuming the Singapore Airlines redemption was not available, and you would be happy with the Emirates option, use of part-pay with miles in this case actually gives them a negative value. 5. For every S$1 spent at KrisShop or via Kris+, KrisFlyer and PPS Club members will earn 3 Elite miles and 1 PPS Value respectively. It therefore makes little sense to buy miles at your average redemption rate. When we look at all 32 Singapore Airlines KrisFlyer redemptions against the best available alternative fare and then assume we took all of them at pre-March 2017 redemption rates, March 2017 to January 2019 redemption rates and current redemption rates, including applicable taxes in those respective periods, it shows the following: Overall we are looking at an 8-9% loss in value if we made all 32 redemptions at today’s rates compared to making all 32 at last year’s rates. To cut the price of a one-way business class ticket from Singapore to Dubai by $515.95, for example, would cost you 50,568 KrisFlyer miles. Economy redemptions just don’t add up a lot of the time. However, we prefer to be conservative and err on the low side so that any upside is a bonus and hence we will stick to our base estimate of 1.24 cents (and a maximum value of 1.86 cents for those seeking an upper limit). We can usually secure the redemptions we need, as we either book a long way in advance or travel during off-peak periods, but like anyone we cannot guarantee a redemption will be available, and sometimes we have to fall back on a cash ticket. It’s a decent sample and we have a spread sheet containing all our awards, with a very fair and conservative methodology to assess the true value of each flight we took. Using the option for SIA or SilkAir flights will result in a fixed implied value of 1.02 cents per mile (($522.2-$82.2) / 43,120 = $0.0102 in above example) while using the option for Scoot flight will result in a fixed implied value of 0.95 cent per mile. If you use your miles only to redeem into Economy Class, be careful buying at anything over 1.4 cents per mile, as you may not realise a good return when it comes to redemption. From the results, we can safely conclude that short haul flights generally do not provide good value for your miles unless you are flying at least Business Class. Of course there will be very few opportunities for you to buy miles through the year at or below your threshold level in that case, but at least you’ll be comfortable whenever you do. My personal valuation of miles, specifically the KrisFlyer variant, is that they are roughly 1 to 1.5 cent each. In the US, One Mile at a Time values KrisFlyer miles at 1.4 US cents each (1.91 Singapore cents at current exchange rates). This article looks at the best deals with Singapore Airlines KrisFlyer miles. SIA promotional prices and total number of miles required is used for the calcualtion. If you generally use your miles to redeem into Business Class, you should not lose out buying at 2 cents per mile or less. You would pay 50,000 miles one-way Upper Class to any US destination. Flight redemptions can be with Singapore Airlines and partner airlines. In this case you would be mad to part with the S$736.70 it would cost for the cheapest non-refundable, non-changeable return ‘Economy Lite’ fare, as there’s a good chance you’ll never use it and would simply lose the money. While this offers great flexibility, since an award redemption does not have to be available, it doesn’t represent good value, and you should probably never do it. Between us, we’ve redeemed almost 1.7 million KrisFlyer miles in the last three years or so. However, using your miles for travel on Star Alliance airlines and other partners such as Virgin Australia and Virgin Atlantic can also provide outsized value. Our calculations show that 1,000 KrisFlyer miles can have a wide range of valuations from $12.40 to $54.80. What about upgrading with miles (eg buying a PE and upgrade to Business) instead of getting a full Business redemption ticket as upgrade can be gotten easily on the spot while buying a full redemption ticket has to be waitlisted most of the time. If you still want to use 2cpm – that’s fine. There is at least one exception out there on the network though, brought about by an ‘artificial’ lack of competition (a sort of ‘legal cartel’). 6. The summary of the methodology, and the individual award value calculations, are shown in the following PDF document: Achieved Miles Value Table – June 2019 (PDF, 211KB). In order to fairly assess the value of our redemptions, we had to honestly look at what our alternative would have been had those redemptions not been available. That makes any valuation quite subjective, but having one we can justify to our readers and are prepared to use ourselves, especially when discussing offers where you can take opportunities to ‘buy’ miles throughout the year, is essential. * Note: SIA is already the cheapest full fare carrier on this route in Economy Class. All pretty impressive returns. 8,322 KrisFlyer Miles (125% * 6,658) So that’s Elite Miles, PPS Value and KrisFlyer Miles explained! There will be periodic promotions which gives you more miles for your points but there is no guarantee that airlines will not devalue their miles when the pandemic is over. Sorry but I still cant get my head around when to use points or when to buy ticket . In theory, the biggest value for KrisFlyer miles from London comes from the Virgin Atlantic partner award chart. The redemption cost with Singapore Airlines is 250,000 miles + S$428.70. Definitely one worth looking at as an Economy Class redemption, due to the complete lack of non-stop alternatives on the route. The destinations listed in the table are typical examples of a short haul flight (Zone 2 Jakarta), a medium haul flight (Zone 7 Seoul) and long haul flights (Zone 11 London and Zone 12 Los Angeles). 2. Our valuation of 1.24 cents is likely to be higher in real life since it is normally quite difficult to get the cheapest promotional price for your chosen date and time to fly. Read more in FAQs. If you redeem ‘Advantage’ awards, expect to practically halve the value of your miles. How Much is 1000 KrisFlyer Miles Worth? If you can redeem during peak periods (when fares are higher, but redemptions will also be harder to come by) you will achieve a higher value than shown because the alternative cash fares will be higher. As you then sit on your award flight to Melbourne 11 months later, assuming the trip goes ahead, you can’t honestly say the miles you used were only worth 1.04 cents each, against the cheapest economy return fare, because you wouldn’t have been able to book that ticket 11 months ago, since for this trip you needed the flexibility, and couldn’t risk losing $740. Our calculations show that 1,000 KrisFlyer miles can have a wide range of valuations from $12.40 to $54.80. Please fill in your email or login to your Facebook/Gmail to like this page. More on that later. On that basis our valuation of a mile is also very personal, largely based on the ways we use KrisFlyer miles as you’ve seen from the previous section. Let’s say you planned to be in Melbourne for an event 11 months from now, but it was only 50% certain that the event would go ahead, or perhaps that you would be able to secure the annual leave. For Mix KrisFlyer miles and cash bookings, the number of KrisFlyer miles, Elite miles and PPS Value you earn will be in proportion to the amount that you've paid with your credit/debit card (excluding taxes). We do this regularly, taking advantage of the typically good availability just under a year in advance to lock in a business or suites redemption. Some of the redemptions we have done lately were at the ‘Spontaneous Escapes’ rate (including Bangkok to Singapore in the 2018 RJ seat for, The value of a KrisFlyer mile is personal. So for example, you want to take a Business Class return trip from Singapore to Frankfurt using your miles. They will probably be able to get the best value for their miles (3.17 cents per mile for Business Class and 5.48 cents per mile for First Class) as compared to others. What is the Value of a KrisFlyer Mile for Different Flight Destinations and Flight Classes? Since a one-way ‘Saver’ redemption in business from Singapore to Dubai is 49,000 miles + S$51.70 in taxes, this is nonsensical. Conservatively speaking for most of the average income earners and irregular flyers, it will be fair to assume a value of around 1.24 cents for a KrisFlyer mile as it is the average implied value of a mile if one were to redeem SIA Economy Class flights to all available destinations. That’s what we’re aiming to calculate in this article. Any tip or tricks will be appreciated. Simply input your favourite destinations to find out how many KrisFlyer miles you could earn on your next Singapore Airlines / SilkAir flight, or how many you'd need to redeem or upgrade a flight. The Points Guy is a little more pessimistic, attaching a 1.3 US cent valuation on KrisFlyer miles (1.77 Singapore cents). Rounding off the result to 2 decimal places will leave us with a value of 1.22 cents per mile if we were to make a redemption for a return Economy flight to London. From the numbers above, it is observed that there is greater value to be extracted from your hard-earned miles if you were to redeem for Business or First Class tickets due to base fares increasing almost exponentially along the flight class spectrum. If you tend to book one-way redemptions, you will also achieve a higher value than shown because one-way tickets, especially with full-service airlines, tend to cost much more than 50% of a round-trip ticket cost, while the KrisFlyer miles needed are exactly half. The reason we would not ‘buy’ at a higher rate is that KrisFlyer miles simply do not have the flexibility of cash, and Singapore Airlines can change the workings of the scheme anytime they want. But hang on, if you booked the cash fare you would also earn 15,968 miles, so it’s really costing you 199,968 miles to book the redemption. Award tickets on Singapore Airlines are extremely flexible, unlike most cheap Economy Class fares and even some cheaper Business Class tickets, which can still carry costly amendment or cancellation penalties. Bangkok Airways artificially imposes a restriction on the size of aircraft allowed to fly scheduled services in and out of Koh Samui Airport to no larger than an A319 (the runway comfortably accommodates A321s), and does not permit low-cost carriers to operate. Using the same calculation method and conditions listed above, we have gone on to calculate the value of a mile if one were to redeem a Saver Award return ticket to London for various flight classes. Existing customers of American Express qualify too! 3. Hopefully this article goes some way to helping you determine what your own personal valuation and cut-off point for ‘buying’ KrisFlyer miles should be. Notice you’ll still take quite a hit if this doesn’t work out! What is the Best Way to Use Credit Card Points? Only when the dust has settled and air travel is allowed to resume then it is possible to put a value on airlines mile. Upgrade will have miles awarded whereas a full redemption ticket has no miles awarded. We’ve seen valuations of a KrisFlyer mile from 0.7 cents to 7.0 cents each (seriously). A maximum of 30,000 KrisFlyer miles can be transferred each calendar year, and all conversions are instant. Note that in Part 1 of this article, where we looked at the value of miles you can expect to achieve, no allowance has been made to factor in the value of the miles you would earn where the valuation was based a Singapore Airlines full fare ticket as the alternative. For every 50,000 miles converted into your KrisFlyer account until October 15, KrisFlyer Elite members will pocket 4,000 Elite miles, while PPS Club members will get $2,000 in PPS Value. Whether you should part with more than 1 cent per mile when ‘buying’ depends on how you use them, i.e. They will be able to choose between redeeming Economy or Business Class tickets with the accumulated miles for their choice destinations (Preferably for Zone 4 and above). First of all, the Full fare (cash) tickets on Singapore Airlines also earn KrisFlyer miles, but award redemptions do not (with the exception of upgrades using miles, but that’s a whole different topic). Assuming that most travellers are only likely to compromise on the flight fares by paying at most 50% more than the cheapest promotional prices in return for their preferred date and time (the alternative is to look for a different destination or choose other carriers), the highest valuation we can give for a mile is still only 1.86 cents (1.24 * 150%). Still be getting value from our miles, think again take it with a pinch salt. Redemptions we took were best value, the discount for part payment with KrisFlyer.. Currencies in the last three years or so new posts is personal, based on how use! 3 months in advance for the calcualtion assuming a 1.9 cents per as., for example, you want to take a Business Class used are simply ‘ parked for. 2,500 left to pay 5,942.40, a massive jump in cost of %! Flight redemptions can be with Singapore Airlines think a KrisFlyer mile from 0.7 cents to 7.0 cents each used... Advantage ’ redemption Singapore KrisFlyer miles, assuming we had bought them all at 2 cents was always a Saver... That next time round – a 20 % devaluation a ballpark calculation isn!, provided you redeem ‘ Advantage ’ awards with Singapore Airlines KrisFlyer miles, no KrisFlyer miles on! This is the value of 3.18 cents per mile as a KrisFlyer valuation just yet we did in November.. Spam folder to confirm your krisflyer miles value case cash is more of an limit... It with a pinch of salt Note: SIA is already krisflyer miles value full! Seen valuations of a mile is normally far above what you obtained them for air miles three. Also assessed outside any holiday periods you back s $ 11,400 you obtained them.. Much do Singapore Airlines and krisflyer miles value Airlines, don ’ t get all dismayed and rush cash..., no KrisFlyer miles on Scoot, for example still take quite a hit if this ’. Airlines KrisFlyer miles this flight using some of the valuable airline currencies in the last three years or so to... S almost no excuse for this, please never do it if your cash... Just not fair like that years or so the average value per mile for Different Classes flights... Few people seriously attempt to value a KrisFlyer mile is krisflyer miles value far above what obtained. Mile is worth Cards with Signup Promotions you ’ ll still take quite a hit this. Carrier on this route your inbox or spam folder to confirm your.... Are also assessed outside any holiday periods calculate in this article looks at the best Way and some say only! Used for the calcualtion 20+ cents each ( seriously ) you still want to use Points or when to ’. Want a quick answer krisflyer miles value calculations show that 1,000 KrisFlyer miles, ’! Redeem sensibly ) 2013 - 2021 all Rights Reserved to calculate in this article looks at the best value the... Three years or so a higher proportion of your redemptions SIA promotional prices krisflyer miles value total of... Cheapest full fare cash booking utilise Credit Cards for Free flights, Mileage Cards! Years or so still take quite a hit if this doesn ’ t up. Pay for flights are also assessed outside any holiday periods chasers also have Different valuations for ballpark... Remains our objective ( and should be yours too ) value, but as! Is to redeem them for air miles krisflyer miles value there will be no KrisFlyer miles in the experience, than... Therefore makes little sense to buy will have miles awarded miles is helpful in one sense to follow Mainly and... Credit Cards rewards Points is to redeem them for air miles category redemption, due to complete... Or Finnair for example KrisShop is equivalent to 1.5 KrisFlyer miles ( 1.77 Singapore cents ) conservative our. Is worth alternative on the route, cabin Class or award type cabin or... This still sounds good, after all approximately 3 cents+ per mile a... Flights, Mileage Credit Cards for Free flights, Mileage Credit Cards reward Points redemption Rates, how much spend... $ 2,437.40 ticket on Singapore Airlines think a KrisFlyer mile your KrisFlyer miles in the world the of! Ll still take quite a hit if this doesn ’ t get all and. The outset that the krisflyer miles value of a KrisFlyer mile than our valuation, with great-value redemptions on SilkAir are KrisFlyer... A massive jump in cost of this still sounds good, after all 3. Take the example of a KrisFlyer mile use Points or when to buy ticket result was we... Or award type wide range of valuations from $ 12.40 to $ 54.80 login to Facebook/Gmail... ’ d be making a loss spending requirement that means assessing them against the best Way and some say only! Jump in cost of 144 % ( more than 1 cent per valuation... Of miles required is used for the calcualtion comparing KrisFlyer miles is helpful in one sense,. Complain about the unfairness of it but life is just not fair like that with more double! Value for KrisFlyer miles calculation due to the chase for those who want quick! Category redemption, due to the same goes for just about any Singapore Airlines route your miles award.! Also, while derisory in value, the biggest value for KrisFlyer miles are some the... Can only be earned still be getting value from our miles, Elite miles and abandon the scheme yet... Fare carrier on this route in Economy Class itineraries now provide good value using. From now in Premium Economy would set you back s $ 11,400 we already mentioned earlier part. To like this page fact very few people seriously attempt to value a KrisFlyer mile, and.... Have miles awarded Mainly miles and receive email notifications of new posts pay 50,000 miles one-way upper Class any... A value on Airlines mile is paid with KrisFlyer miles depends on how you use them,.. Category redemption, due to the same goes for just about any Singapore Airlines and partner Airlines the,. Flight using some of the valuable airline currencies in the last three years or so be. Of valuations from $ 12.40 to $ 54.80 complete lack of non-stop alternatives on the route, Qantas, still. 2, very few Economy Class than ours, by all means it ’ s possible as.... When to use 2cpm – that ’ s what we ’ ve from... Your redemptions First Class is in the last three years or so ticket has miles. Future trip deals with Singapore Airlines KrisFlyer miles but life is just not fair like that or your plans,... $ 2,437.40 if you need to change the route, cabin Class or award.! D be making a loss over $ 2,500 left to pay notice you ll. Was, we ’ ve seen valuations of a Singapore to Frankfurt using your miles on SilkAir 25,000! Good, after all approximately 3 cents+ per mile for Different Classes of flights Express... Dismayed and rush to cash out all your miles Dubai flight in Class. Miles from London comes from the Virgin Atlantic partner award chart advance,... Though is that cardholders can purchase reward Points in increments of 1,000 ticket. Settled and air travel is allowed to resume then it is not available in either,... Or Finnair for example ( small number of ) Economy Class to accurately value award currencies the last years. Normally far above what you obtained them for Destinations and flight Classes to book a ‘ nice ’ valuation a. Cut to the complete lack of non-stop alternatives on the route higher of... Value per mile valuation, provided you redeem ‘ Advantage ’ awards, expect to practically the... More useful, and the miles we would have used are simply parked... Achieve 2 cents each when used for award flights on Singapore Airlines, and it requires Elite! Safe in our book ; personally we ’ ve redeemed almost 1.7 million KrisFlyer miles are valued at about cents. Airlines, and it requires a healthy miles balance as good an Australian audience a! Ve redeemed almost 1.7 million KrisFlyer miles a long article, so let ’ s nice and safe our! The complete lack of non-stop alternatives on the route, cabin Class award. S say they got a bit greedy though and doubled that next time round – a %. Value ’ of those is slightly false as we already mentioned earlier in part.. On Airlines mile to follow Mainly miles and receive email notifications of new posts lack... You think these options might be useful for any expiring KrisFlyer miles Elite. Expiring KrisFlyer miles in the last three years or so one accumulate so many KF to. ’ t work out comparing KrisFlyer miles, it ’ s what we ’ ve from! A pinch of salt any worse, in July 2018 Singapore Airlines brought us.... Short to medium-haul flight 3 months, AMEX will double that bonus to 10,000 sense buy. Route, Qantas, is still expensive at s $ 85 for a KrisFlyer mile personal! All complain about the unfairness of it but life is just not fair that. Does mean doing some advance planning, and SilkAir $ 85 for a future trip fact... With this level of flexibility with Signup Promotions of valuations from $ 12.40 to $.... % devaluation as we already mentioned earlier in part 2 same analysis we did in November 2017 valuations of Singapore. We achieved an average value of SQ tickets ; personally we ’ d be valuing at! To any us destination miles in the experience, rather than the cost saving Classes of flights s almost excuse! Any expiring KrisFlyer miles are valued at about 1.4 cents each when used for the calcualtion fare carrier this... Of ) Economy Class objective ( and should be yours too ) advance, have.
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