I fly occasionally for work trips and accumulated around 30k in my miles, considering i am more of a cashback person is redeeming them for krispay the best option? or offset against future flights?

Krispay is very poor value.

it's much better to try accrue more miles n redeem for a business class ticket.

if it's expiring and u not expecting anymore big ticket spending to earn miles then redeem for bali or any regional econ tickets

If you do not have much mileages in your account:-

(1) Try to accummulate for Business, First Class or Suites if possible to make the miles worth more.

(2) Try to aim for Spontaneous Escapades from SQ to get good deals with your miles.

(3) If not, spending it on KrisPay would be the last options. Better than letting it to waste.

Wait till when you are close to the expiry date, and use it to offset or get any business class tix. you can change the date of your tix later.

Just did an analysis on my instagram. This is my finding.

If you are using a cash back card with 1.5% rebate unlimited. Even if you rack up $150,000 worth of spending over 5 years, you will have $2,250 in terms of rebate.

If you are using a mile card (assuming $1 spending to 1.4 miles) you will be able to get about 210,000 miles.

Going to a trip in Europe (London) through Business Class (saver) will require 180,000 miles.

Going to a trip in Europe (London) through Business Class (saver) will set you aside $7,206 for the tickets if you want to purchase using cash.

Using a cash back card will save you $2,250. Using the miles card will help you to get $7,206 worth of value (Biz class tickets)

My advice is to go long term with this. Continue to spend and accumulate miles. Go into the mile game and you will get more value for money. ​​​