Singapore Airlines and Shangri-La Infinite Journeys have had a longstanding partnership for many years allowing reciprocal miles and points transfers between the two programmes, while KrisFlyer Elite Gold, PPS Club and Solitaire PPS Club members get accelerated Jade status in Shangri-La Circle after a one-night stay.
On the flip side, Shangri-La Jade or Diamond members get automatic KrisFlyer Elite Silver status (which frankly doesn’t get you much), with an accelerated upgrade to KrisFlyer Elite Gold status by taking one eligible SIA flight (for Diamond members) or three eligible SIA flights (for Jade members).
While these perks certainly are useful, transferring miles into points and vice-versa between the two programmes has always represented pretty dreadful value.
Infinite Journeys 25% transfer bonus
Between 12pm Singapore Time on 4th September 2025 and 12pm Singapore Time on 31st October 2025, Shangri-La members transferring their Circle Points to KrisFlyer miles and KrisFlyer members transferring their KrisFlyer miles to Circle Points, can do so with a 25% bonus in either direction.
From now till 31 October 2025, unlock more from your rewards with 25% bonus on your conversions between KrisFlyer miles and Shangri-La Circle Points.
Singapore Airlines
This is less generous than the 50% bonus promotions we’ve seen offered for these transfers in 2023 and 2024.
Shangri-La x KrisFlyer 25% Transfer Bonus
Here’s how the transfer ratios look during this promotion.
| 12 KF Miles = |
| 12 KF Miles = |
| 1 Shangri-La Point = |
| 1 Shangri-La Point = |
Transfers from KrisFlyer to Shangri-La Circle (SLC) points are subject to a very high minimum transfer quantity of 20,000 miles, so this will likely only be of interest if you have a large stash of expiring miles in your account.
A maximum of 180,000 KrisFlyer miles can be converted to Shangri-La Circle Points per calendar year, inclusive of this promotion.
A minimum of 1,000 Shangri-La Circle Points is required for each conversion to KrisFlyer miles.
Full terms and conditions for this promotion are available here.
Is it good value?
Sadly not, even with this transfer bonus in play.
15 SLC points gives you US$1 off your hotel bill or dining bill (even when not staying overnight), subject to a minimum redemption of 500 points. That makes each SLC worth 6.66 US cents, which is 8.54 Singapore cents at September 2025 exchange rates.
That means a transfer of 20,000 KrisFlyer miles into 1,666 SLC points at the regular conversion rate will net you a saving of S$142, giving you a value per KrisFlyer mile of just 0.71 cents.
It gets little better during this 25% bonus promotion, with 20,000 KrisFlyer miles converting to 2,083 SLC points, worth S$178, a value per KrisFlyer mile of 0.89 cents.
Normally a conversion bonus like this made a transfer of expiring KrisFlyer miles worthy of consideration, but back in July 2025 Singapore Airlines hiked the ‘cash out’ value of miles for many on-ground redemption options to 1 cent per mile.
This includes redemption for everyday expenses via Kris+, Pelago and KrisShop purchases.
Redemption value for KrisFlyer miles
| Option | Min. Expiring Miles | Value per mile |
| Redeem an SIA or partner award flight | 8,500 | 1.90¢+ |
| Extend your miles for a fee | 1* | 1.74¢ |
| Transfer to Velocity points | 5,000 | 1.03¢ |
| Transfer to Kris+ |
10 | 1.00¢ |
| Offset a KrisShop purchase |
1,000 | 1.00¢ |
| Redeem a Pelago experience | 1,000 | 1.00¢ |
| Offset an SIA or Scoot cash fare | 1,000 | 1.00¢ |
| Transfer to Shangri-La points | 20,000 | 0.89¢ |
| Redeem a vRooms hotel stay | 1,200 | 0.80¢ |
| Transfer to Velocity points then back to KrisFlyer | 7,750 | 0.79¢ |
| Transfer to CapitaStar | 3,000 | 0.70¢ |
| Transfer to Accor Live Limitless | 4,500 | 0.64¢ |
| Transfer to LinkPoints then back to KrisFlyer | 3,390 | 0.60¢ |
| Transfer to LinkPoints | 3,000 | 0.59¢ |
| Transfer to Esso Smiles | 3,000 | 0.47¢ to 0.67¢ |
| Transfer to Marriott Bonvoy | 3,000 | 0.50¢ |
* Or the miles quantity you have expiring in a single calendar month, if greater
Where necessary in this table, a miles redemption value for a Singapore Airlines flight is assumed at 1.9 cents. You may have to adjust the value per mile for some of these options, if your own valuation is different.
As you can see this conversion option comes in over 10% short on value in comparison, and requires a significant number of miles, making it quite unattractive.
In the other direction, transferring Shangri-La points to KrisFlyer miles remains poor value.
For example 1,000 SLC points are worth S$85.40 in the programme, but even during this 25% bonus promotion these will only convert to 1,560 KrisFlyer miles, worth no more than around S$30 even at a generous 2 cents per mile valuation against future flight redemptions!
(Photo: Shangri-La)
That now also includes new Scoot flight redemptions via the new fixed-price award chart, which can come in at decent value when fares are high but Saver space remains available.
Unless you have no use for your Shangri-La points, you should not be considering a transfer in the SLC > KrisFlyer direction, even during this promotion.
Summary
Generally there’s no reason to transfer your KrisFlyer miles to Shangri-La points or vice-versa, even though the longstanding option has been available for many years, due to the poor transfer ratios on offer.
This 25% promotional transfer bonus doesn’t really move the needle, with other more flexible cash-out options for expiring KrisFlyer miles coming in at better value.
It also still makes no sense to transfer in the SLC > KrisFlyer direction, even during this bonus, unless you literally have no use for these points any more.
As always, try to lock in a flight redemption with your expiring miles if you can – it’s almost always the best value you’ll get, compared to ‘cash-out’ options like this.
(Cover Photo: Shangri-La)