The Singapore Airlines KrisFlyer programme launched two-way conversions with NTUC LinkPoints back in April 2022, replacing a longstanding partnership with the Dairy Farm Group’s TapForMore points that ended in mid-2021, once again allowing members to earn extra KrisFlyer miles with their grocery shopping.
Unfortunately this new tie-up came with a much poorer value proposition, and since its launch has meant ‘buying’ KrisFlyer miles for 1.83 to 2 cents each, much poorer than the 1.54 cents per mile offered under the former TapForMore arrangement.
LinkPoints offering 25% bonus KrisFlyer miles
As part of KrisFlyer’s 25th anniversary celebrations, LinkPoints is offering 25% bonus KrisFlyer miles when you convert across to the programme between 1st February 2024 and 29th February 2024.
Here’s how the effective cost per mile looks for the various denomination levels during this promotion.
LinkPoints to KrisFlyer
Conversion denominations
| LinkPoints | KrisFlyer miles | Effective Cost per mile* |
| 100 | 62 |
1.60¢ |
| 200 | 125 |
|
| 1,000 | 625 |
|
| 2,000 | 1,337 |
1.49¢ |
| 5,000 | 3,350 |
* Based on the cashback opportunity you are losing out on (100 LinkPoints = S$1 rebate)
As you can see this significantly improves the effective cost per mile from as much as 2 cents to as little as 1.49 cents each during the promotion, depending on the conversion block size.
Here are the details:
- Valid for conversions from 1st February 2024 to 29th February 2024
- Limited to a total of 500,000 bonus KrisFlyer miles across all members, after which standard conversion rates will apply
- Bonus KrisFlyer miles are only issued on the first successful conversion transaction per day per member, if there are subsequent conversion transactions made on the same day, the 25% bonus Miles will not apply
Full terms and conditions for this promotion are available here.
How to convert to KrisFlyer
To transfer your LinkPoints to KrisFlyer, just head across to the Link Rewards Exchange Page, log on to your account, then tap on the KrisFlyer ‘View More’ link.
You’ll then need to link your KrisFlyer account to your LinkPoints account. Both accounts must be in your name for the transfer to be successful.
You’ll then be able to make a transfer in any of the five transfer blocks, depending on your LinkPoints balance.
As you can see the 25% bonus KrisFlyer miles levels for the three smallest transfer blocks are then reflected during this promotion.
Convert LinkPoints to KrisFlyer miles
Transfers are instant
When this partnership was first launched, NTUC said it would take 10 working days for a LinkPoints to KrisFlyer miles transfer to be completed, but luckily we can confirm from our own test that transfers from LinkPoints to KrisFlyer miles are actually instant.
I recently made a 1,000 LinkPoints to 600 KrisFlyer miles transfer (during a previous 20% bonus promotion) and can confirm this is still the case – the miles were credited in my KrisFlyer account immediately.
Where can you earn LinkPoints?
LinkPoints can be earned at a variety of partners across Singapore, including in-store and some online purchases.
Aside from the obvious NTUC FairPrice and Unity Pharmacy options, you can also consider:
You can also earn bonus LinkPoints with specific NTUC-branded payment cards.
KrisFlyer to LinkPoints transfers (avoid!)
Since its inception, the KrisFlyer – LinkPoints partnership has been a two-way street, with the possibility for KrisFlyer members to convert their miles to LinkPoints for use as cashback on future shopping.
You can convert KrisFlyer miles into LinkPoints at a rate of 3,000 miles to 1,950 points, which is very poor value at just 0.65 cents for every KrisFlyer mile converted.
This conversion ratio is not being hiked during this 25% bonus promotion, which only applies for transfers in the LinkPoints to KrisFlyer direction.
You can actually redeem KrisPay miles via the Kris+ app for FairPrice Finest vouchers at a slightly better 0.67 cents per mile rate than you’ll get for a cash offset at the checkout using miles you transferred directly from KrisFlyer!
Avoid transfers in this direction!
Summary
As part of KrisFlyer’s 25th birthday celebrations, NTUC LinkPoints is offering a 25% bonus on points transfers in February 2024.
This gives you the opportunity to ‘buy’ KrisFlyer miles from as little as 1.49 cents each, significantly better than the usual 1.87 cents each, which was always a more marginal proposition.
LinkPoints to KrisFlyer miles transfers are also instant, which makes them a great way to achieve a small top-up right away, if that’s what you need.
Since the promo is limited to the first 500,000 bonus miles awarded – sooner is better than later with this one.