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7 common mistakes you make when redeeming miles

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Singapore Airways provides a Money + Miles possibility that permits KrisFlyer members to make use of their miles to offset the price of a ticket.

This isn’t the identical as redeeming an award flight, because the desk under exhibits.

Money + Miles Redeem KrisFlyer Miles
Availability Any seat obtainable on the market Award stock solely
Min. Required 1,050 miles 8,500 miles
Taxes & Surcharges Will be paid with miles Should be paid in money
Accrue Miles & Standing Credit Sure (on money portion) No
Worth Per Mile 0.95 cents Varies

With Money + Miles, you’ll be able to spend miles on any seat obtainable on the market, no matter cabin, route, or date. Miles can be utilized to pay taxes and surcharges, and also you’ll earn miles and standing credit on the portion paid with money.

With award flights, you might be restricted to award stock, taxes and surcharges should be paid with money, and you can’t earn miles or standing credit score on the award ticket.

However earlier than you go away considering that Money + Miles is the superior possibility, contemplate the worth. With Money + Miles, every mile instructions a set worth of simply 0.95 cents. With an award flight, the worth is usually a lot increased than that.

To present a easy instance, suppose you needed to fly to San Francisco:

  • Redeeming KrisFlyer miles for a Enterprise Saver award would value 214,000 miles + S$84
  • Paying with Miles + Money would value upwards of 651,000 miles (primarily based on a fare of S$6,200)

Assuming you could find a Enterprise Saver award, then a KrisFlyer redemption represents a lot better worth. And even when you can’t, I’d a lot reasonably you wait for one more alternative as a substitute of resorting to Money + Miles.

Supply: Her World

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