KrisFlyer has a new two-way transfer partner option for those looking to either accrue more miles from their daily spend, or cash out some of their miles for direct retail spend, though as always when we talk about miles vs. cash alternatives, this latest tie-up isn’t anything to get particularly excited about!
The new partner is CapitaLand, Singapore’s largest shopping mall operator, with its CapitaStar rewards scheme now linking in both directions to the Singapore Airlines KrisFlyer programme.
The new partnership comes on the back of a recent ‘enhancement’ of the Esso / SIA relationship, allowing transfers to Smiles Points from KrisFlyer miles at a (best-case) 0.67 cents each, a new record ‘worst way’ to use your miles, given the lack of flexibility offered.
Thankfully this linkup does come at a slightly better rate, though it still won’t be of interest to the vast majority of our readers.
As part of this new deal, SIA and CapitaStar are also running a launch promotion, where you can stand a chance to win 100,000 KrisFlyer miles or 1,000,000 STAR$ (worth S$1,000) for making a transfer in either direction during the first month of the new partnership.
Transfer from STAR$ to KrisFlyer
The first element of this new partnership is the ability to transfer STAR$ reward points into KrisFlyer miles.
If you’re a CapitaStar Rewards Programme member, you can convert between KrisFlyer miles and STAR$ easily.
Singapore Airlines