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Anonymous
I've never been a miles junkie, but My Krisflyer Miles are going to expire soon, and I need about 8,000 more Krisflyer miles to redeem a business class ticket to Tokyo. Should I just buy miles or is there another quick way to earn these miles quick?
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Aaron Wong
24 Nov 2019
Founder at The Milelion
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Elijah Lee
22 Nov 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi anon,
Buying miles would cost US$40 per block of 1000 miles, or around 5.6 cpm, which is a ridiculously high cost. That is around US$320 to get that business class ticket to Tokyo.
What I can suggest is to front load some spending. Buy grocery vouchers. Buy gift cards. Buy Gift cards. Bring forth your dental treatments. Bring forth purchases for things that you would have gotten anyway (like a new kettle if the one at home is old) Hopefully that'll bring down your shortfall to something more managable, and then you can just buy the remaining miles. I'm sure Aik Kai and the rest might have more suggestions on how to conjure miles quickly, so I'll leave it to them to add on.
Take note that if for some reason you book the award flight and have to cancel, the miles will be redeposited into your KF account, except for the ones that were purchased outright. Be very careful of this and make sure your tracel dates are locked in.
And this is the very reason why I prefer to keep my miles on the bank side rather than credit to KF, and with a card where miles do not expire, so that I will always have emergency stash to transfer over.
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Pang Zhe Liang
22 Nov 2019
Lead of Research & Solutions at Havend Pte Ltd
Personally, I don't buy miles as it is a waste of money to me - I accumlate miles as a bonus to my s...
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If you're looking to buy miles, don't buy them from Singapore Airlines. They may be credited instantly, but US$40/1,000 miles is an insane price.
Instead, consider using services like Citi PayAll, SCB EasyBill, RentHero or CardUp if you have rent, tax or education payments to make. These let you buy miles from ~1.2-1.6 cents per mile, depending on what card you pay with. Do note that all these require documentary proof- you can't say you're paying rent without a tenancy agreement, for example.
Altneratively, if you have no bills to pay, use a service like UOB PRVI Pay, which sells miles at 2 cents each. No documentary proof is required; the funds are transferred into your account and your card is billed for the amount and a 2% fee.