Is the recent new American Express cards offer worth it? To get 110,000 miles for $1,622 annual fee?

Saw this one MileLion!

TL:DR: Not a Must Grab Deal

While it’s hardly a “must-grab” deal, this targeted offer could nonetheless be useful for those want to top off their KrisFlyer balance.

Be sure to check your inbox to see if you were targeted, and decide accordingly.

Is it worth buying KrisFlyer miles at 1.48 cents?

1.48 cents is a fairly low threshold for buying miles, but once again it all boils down to how much you value them.

For the sake of perspective, it’s possible to buy miles from as little as 0.42 cents each through Citi PayAll, although this requires that you have a Citibank credit card and a bill to pay.

With travel on an indefinite hiatus, banks now find themselves with more miles on hand than they originally anticipated (since customers presumably aren’t converting points to miles in the same volume as before). I wouldn’t be surprised if they try to move their inventory through various promotions and transfer bonuses, so I’m pretty sure there’ll be more to come.

The S$500 spending requirement isn’t that high, so it’s more a question whether you have a use for miles right now.