HSBC Credit Cards have a promotion whereby:
The new HSBC rewards programme allows cardholders to purchase Rewards Points in blocks of 1,000. Every 2,500 Rewards Points = 1,000 KrisFlyer Miles.
HSBC allow cardholders to purchase 1,000 Rewards Points for S$8.
2,500 Rewards Points= 1,000 KF Miles= $20.
There is also a S$42.80 annual mileage transfer fee.
Essentially, you get to travel at discounts over SIA's published rates.
Award Tickets are also more flexible. You are able to change dates, flights, so long as the flight change is a same tier city (e.g. 29,750 KF Miles gets you one way to London, Manchester, Paris, Milan-Malpensa etc)
Take for example,
SIN-LHR ex. SIN:
Flexi Ticket: $1,710 + $683 taxes/surcharges = S$2393.40
Award Ticket: 60,000 KF Miles (after 15% online discount) = $1,200 + $683= $1,883
SIN-LAX ex. SIN
Flexi Ticket: $1,900 + $827 taxes/surcharges= S$2727
Award Ticket: 60,000 KF Miles (after 15% online discount) = $1,200 + $827= $2027
A great deal, in my opinion!
hey - did you complete a purchase with this? suspect that in practice there may be a cap on number of rewards points bought
ReplyDeleteHi Student,
ReplyDeleteaccording to forumers on sqtalk.com who have done it, there is no cap.
Its best to avoid credit cards.
ReplyDelete