Buying HSBC Reward Points and Converting to Miles – S$20/1k

Discussion in 'Singapore Airlines | KrisFlyer' started by Saracen, Jun 17, 2011.  |  Print Topic

  1. Saracen
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    Saracen Silver Member

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    Turns out Singapore-based HSBC cardholders can buy rewards points at S$8 per thousand (no limit is stated). These can then be transferred to KrisFlyer at a 5:1 ratio. This means you could buy KrisFlyer miles at S$20/1k miles. Sounds reasonable if you're short and are targeting a good value redemption.

    Anyone done this? I'm tempted to apply for an HSBC credit card just for this.
     
    Chimpy likes this.
  2. A bit cheaper than buying from SQ direct.
     
  3. Saracen
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    Saracen Silver Member

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    A fair bit cheaper, considering SQ charges USD, not SGD.
     

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