facebookIs it worthwhile to convert my Grabrewards points into miles? - Seedly

Ng Wei En

Analyst at Mastercard

22 Dec 2019

SeedlyAMA

Is it worthwhile to convert my Grabrewards points into miles?

Assuming I am a Platinium user and my spending is derived totally from Grabpay spending($1 = 10 points). The last I check, 20,000points will allow me to exchange for 10,000 miles. This means that every $2,000 of spending will allow me to exchange for 10,000 miles. Is it worth it?

Discussion (9)

What are your thoughts?

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Hi Wei En, I believe it is about opportunity cost - so you will be redeeming for miles in place of the other options. If you are not redeeming for miles, will you be considering the other options? If you aren't, then perhaps the Krisflyer miles would work best for you.

Milelion just wrote an article on the new conversion options for grab points ( https://milelion.com/2019/12/06/grabrewards-add...) - it could be worth a read. All the best!​​​

Bjorn Ng

22 Dec 2019

Business Analyst at 10x Capital

Hi there,

If you don't really utilize the Grab rides/food vouchers, I think KF miles would be the next best options (not considering those shopping vouchers). The 20,000points for 2,000 miles was only recently added. If you noticed, there is actually a 1,400 points for 160 miles which is more worth. But everytime you convert points to miles, you got to wait for it to process finish first (takes about 1 business day for me). The reason for them giving this bulk transfer is so you can do it one shot and not every day, even though the value of mile is lesser (2c/mile as compared to 1.875c/mile).

Depends on which fare type are you targeting - different class has different miles value. It is recommended to back calculate before you take any action (especially now Grab reward points don't expire!) so that you can get the best value of it!

Recommended article:

https://milelion.com/airlines/what-is-the-value...

Elijah Lee

06 Dec 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi Wei En,

I would do it if I know that my miles just need a small boost to put me in range for a J/F redemption.

If not, I'd leave the points within the Grab ecosystem and redeem other stuff from there, such as discounts off my Grab rides.

To me if you intend to use your miles to redeem a long haul Business or First Class SQ flight, my an...

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