American Express has a new bonus miles earning offer for successfully registered KrisFlyer co-brand cardholders over the next two months, with an additional 2 miles per dollar on top of your card’s usual earn rate when making transactions in foreign currency.
The deal is limited to the first 12,000 successful enrolments, so it’s worth saving this offer to your card now to take advantage.
The promotion runs from 1st October 2021 to 30th November 2021.
The offer
Simply find the offer on the Amex mobile app and save it to your card, then spend in foreign currency, online, via mobile app or in-store.
When you make a payment in a foreign currency, it will be converted to Singapore Dollars based on the rate of exchange at the time your card is charged. KrisFlyer miles awarded as part of this offer will be calculated after currency conversion to Singapore Dollars, excluding foreign exchange charges.
Here are the revised earn rates applicable for spend during the promotion.
Bonus KrisFlyer Miles for Foreign Currency Spend
| Card | Regular MPD | Bonus MPD | Total MPD |
 SIA PPS Cards |
1.3 | 2 | 3.3 |
 SIA KF Ascend |
1.2 | 2 | 3.2 |
 SIA KF Blue |
1.1 | 2 | 3.1 |
Sadly the deal is capped at only 600 bonus KrisFlyer miles per card, which is equivalent to just S$300 cumulative foreign currency spend during the promotion period.
Bonus miles will credit directly to your KrisFlyer account, usually within five working days from the transaction, however it can take up to 90 days from the end of the promotion period in some cases (i.e. until 28th February 2022).
Amex CapitaCard offer
If you’re holding the American Express CapitaCard you can also add this promotion to your account.
In this case you’ll earn 25 STAR$ per S$1 spend in foreign currency, instead of the regular 5 STAR$, capped at the first 8,000 registered cards.
This deal is capped at a maximum 6,000 bonus STAR$ (S$300 spend), but runs for an additional month compared to the KrisFlyer co-brand card offer, valid from 1st October 2021 to 31st December 2021.
25 STAR$ are worth 2.5 Singapore cents when redeemed against shopping and dining purchases at merchants within all 17 CapitaLand malls in Singapore, like Plaza Singapura, ION Orchard and Jewel Changi Airport.
You can also transfer STAR$ to KrisFlyer miles, but the value is poor.
Terms and conditions
Full terms and conditions for this promotion are as follows (expand to view).
Summary
Not the most generous spend cap at only S$300 with this offer, but that should still mean a relatively easy 600 bonus KrisFlyer miles if you have some foreign currency spend coming up between now and the end of November.
There’s also a similar bonus points offer for Amex CapitaCard customers, running through to the end of 2021.
(Cover Photo: Shutterstock)