How To Burn Krisflyer Miles

I got a little excited this morning when SQ sent an email saying I could now pay for fares by Krisflyer Miles in combination with credit card or paypal payment.

It is very different from redeeming award flights because for 30,000 miles or so you can fly free to say Taipei or Shanghai on an award ticket (but you have to wait till you amass 30K points). But buying a ticket with KF miles gets you this:

Screen Shot 2013-07-18 at 9.14.36 PM

So say you’re short of $50 on your credit card to pay for your air ticket – you can use 4,900 KF points to top it up, meaning one KF mile is worth a whopping ONE CENT.