Kris+ has launched a limited-time promotion offering KrisFlyer members a 20% bonus when transferring miles from their KrisFlyer account to KrisPay through the Kris+ app until 31st March 2026, enhancing the value of this one-way conversion option for those with expiring miles.

This enhanced rate means 1,000 KrisFlyer miles convert to 1,200 KrisPay miles, improving the redemption value from the standard 1 cent per mile to 1.2 cents per mile.

Kris+ 20% bonus miles promotion

Here are the details of the promotion.

• Dates: 10th March 2026 (10am SGT) – 31st March 2026 (11.59pm SGT)
• Bonus: 20% uncapped transfer bonus
• Minimum Transfer: 10 KrisFlyer miles
• Processing: Instant and non-reversible
• Validity: six months from the date of credit

The bonus miles you’ll receive during this campaign are uncapped, as outlined below.

KrisFlyer to Kris+ Transfer Bonus
Miles transferred in a single transaction	Bonus miles awarded
10 +	20%

How it works

Transferring KrisFlyer miles to Kris+ is relatively straightforward.

When logged in to your account, just click the ‘Wallet’ icon, then ‘Top-up’.

All conversions are processed instantly but cannot be reversed once completed. KrisPay miles carry a six-month validity period and can be used at over 1,600 partner merchants across Singapore at a rate of 100 KrisPay miles per S$1.

With the 20% bonus in play, obtaining 1,200 KrisPay miles requires 1,000 KrisFlyer miles (compared to 1,200 miles at the standard rate), delivering 1.2 cents value per KrisFlyer mile redeemed.

Full terms and conditions for this offer are available here.

Is it worth it?

While the 20% bonus represents a nice improvement over the year-round KrisFlyer to KrisPay transfer rate, it remains well below the value potential of premium award flights, which typically deliver 2+ cents per mile.

Even Scoot flights can offer north of 2 cents per mile in redemption value, as we recently analysed.

However, the enhanced rate does compare more favourably to some other ground-based and ‘cash-out’ redemption options.

Redemption value for KrisFlyer miles

Option	Min. Transfer	Value per mile
Redeem an SIA, Scoot or partner award flight	1,500	1.90¢+
Extend your miles for a fee	1*	1.74¢
Offset a KrisShop purchase (10 – 31 Mar ’26)	1,000	1.00¢ 1.25¢
Transfer to Kris+ (10 – 31 Mar ’26)	10	1.00¢ 1.20¢
Redeem a Pelago experience	1,000	1.00¢
Transfer to Velocity points	5,000	1.00¢
Offset an SIA or Scoot cash fare	1,000	1.00¢
Transfer to yuu Points (10 – 31 Mar ’26)	2,000	0.66¢ 0.80¢
Redeem a vRooms hotel stay	1,200	0.80¢
Transfer to Shangri-La points	20,000	0.71¢
Transfer to CapitaStar	3,000	0.71¢
Transfer to Accor Live Limitless	4,500	0.67¢
Transfer to LinkPoints	3,000	0.60¢
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

This promotion might therefore make sense for those with miles balances approaching expiration, or those seeking flexible spending options for everyday purchases in Singapore.

The instant processing and wide merchant network do offer some practical utility that other redemption options (e.g. KrisShop / Pelago) tend to lack.

Note that KrisShop is offering a slightly better deal this month, with a 20% discount when to redeem miles in full or in part for a purchase, which means getting a slightly better 1.25 cents per mile value from an expiring stash – though only if the product you are purchasing is no cheaper elsewhere.

For members actively earning through Kris+, the platform continues to offer valuable mile accumulation opportunities of up to 9 mpd on top of credit card points.

Remember to transfer any earned KrisPay miles to your KrisFlyer account within 21 days to maintain their full value (future flight redemptions) and avoid the six-month expiration.

Which card to use

When making purchases through Kris+, the platform retains the merchant category code of the underlying retailer. This allows you to maximise earn rates by using category-specific bonus cards for dining, retail or other purchases.

The following cards will earn at their bonus rates of between 3 mpd and 4 mpd for spend in the specific MCCs listed. You can check the MCC with the merchant in advance of your payment if you are unsure, though some are obvious (like restaurants – 5812).

Card	Earn Rate	Notes / MCCs
UOB Lady’s UOB Lady’s Solitaire	4 mpd	Capped at S$1,000 per month (Lady’s) or S$750 per month (Lady’s Solitaire, per category). Subject to your specified quarterly bonus category, including:
		Dining:	MCC 5499 MCC 5812 MCC 5814
		Beauty:	MCC 5977 MCC 7230 MCC 7297 MCC 7298
		Fashion:	MCC 5621 MCC 5651 MCC 5661 MCC 5691 MCC 5699 MCC 5948
HSBC Revolution (see our review)	4 mpd	On mobile wallet payments at specific outlets by MCC, capped at S$1,000 per calendar month.
		MCC 3501 MCC 5045 MCC 5462 MCC 5621 MCC 5651 MCC 5661 MCC 5691 MCC 5699 MCC 5732	MCC 5734 MCC 5812 MCC 5944 MCC 5945 MCC 5947 MCC 5948 MCC 5992 MCC 5999 MCC 7011 MCC 7997
DBS WWMC (see our review)	4 mpd	On on up to S$1,000 of online spend per calendar month, including when paying at a merchant using Apple Pay or Google Pay via the Kris+ app (all MCCs).
OCBC Rewards (see our review)	4 mpd	On shopping transactions in specific MCCs, capped at S$1,110 per calendar month.
		MCC 5309 MCC 5621 MCC 5651 MCC 5655 MCC 5661	MCC 5691 MCC 5699 MCC 5941 MCC 5948
KrisFlyer UOB (see our review)	3 mpd	On all Kris+ spend, with no minimum and no upper cap.

Don’t use your Citi Rewards card to make payment with Apple Pay or Google Pay on Kris+, since online transactions using this card specifically exclude mobile wallet payments and will therefore earn at the basic rate of 0.4 mpd.

For universal earning regardless of the merchant type, focus on the DBS WWMC (4 mpd) and KrisFlyer UOB (3 mpd) cards.

This 20% KrisPay transfer bonus offers improved value for KrisFlyer members seeking flexibility in their mile redemptions, though as always with these ‘cash-out’ options it cannot match the value of well-planned award flights.

Importantly, the bonus miles cannot be transferred back to KrisFlyer and remain permanently locked in the KrisPay ecosystem at 1 cents per mile value, valid for six months, so be careful.

This three-week promotion window provides a reasonable option for clearing small balances, or dealing with your expiring miles, but most KrisFlyer members should still not be considering 1.2 cents per mile, unless there are no better options left.

(Cover Photo: Singapore Airlines)