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Jacinda Siew

08 Dec 2019

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Credit Cards

How to use miles when budget fares are just too good?

I keep on accumulating my spend on a miles credit card, have close to 200k worth of Krisflyer miles, but haven't even redeemed a single mile since 4 years ago when I started this. The promo fares with budget airlines are just too attractive, I haven't actually flown a full class fare on a full service airline for a while now. How should I deal with this? Keep on accumulating miles?

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If you think budget is too good for you then i think you better off get a cashback card instead. Usually for miles card are for those who often travel far where comfortable is the main concern cuz miles can be use to upgrade to another class.

Hi Jacinda, congrats on hitting close to 200k miles! That's an achievement, though it brings about a healthy problem that shouldn't bring you too much worries too.

My take is that everyone perceives value differently so there isn't a right or wrong or perfect answer to this. So long as you feel justified, that would work for this.

One way out is to purchase the attractive budget tickets, and redeem the miles on a long haul flight to reward yourself (or your loved ones) for accumulating these miles - something which you haven't done in a long time. It will be a true reward for all the hard work and efforts in this miles accumulation games over the past 4 years.

Its a very fair concern and I was in your shoes a while ago (tbh, even now haha)

My view is, you should try and use the promo fair esp for short distances.

The way I use miles is mainly for long hauls esp for a nice trip, a fancy holiday etc. This might also be good with promo fairs however would def end up saving a lot more of your cash.

Miles are of best value when you exchange for long haul flights, of at least business class. Unless you don't mind flying Scoot to Berlin and have zero intention to visit America in your life, far-away destinations are beyond the reach of budget airlines. Because of this, do consider spending your miles wisely by planning a far-away trip and splurge the miles on business or first class (if you can afford by miles). Moving forward, if your plan is to travel only within Asia and by budget airline, cashback might be a better option for you as you can actually realise the gratification at some point of time.

Generally the most value for money when redeeming miles is for long haul business class and first cl...

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