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This has been the year of the transfer bonus. Amex and Chase just finished multiple partner transfer bonuses, but its time to rev up those engines. Singapore Airlines is running a deal where you’ll get a transfer bonus from pretty much any bank they’re partnered with. Bonuses range from 12% to 15% and must be completed by 11/22/21. How does it work? Let’s take a look.
Me contemplating whether I want to do this deal or not
US Banks that transfer to Singapore Airlines:
These are the programs that would work from the US – notice that Marriott isn’t listed ( obviously they aren’t a bank, but you could populate Singapore miles this way )
- Amex Membership Rewards
- Brex
- Chase Ultimate Rewards
- Capital One
- Citi ThankYou
Details of the transfer bonus
You can read the full details here, but this is the long and short of it.
Earn 12% bonus miles when you convert between 10,000 to 49,999 miles in a single qualifying transaction
OR
Earn 15% bonus miles when you convert 50,000 miles or more in a single qualifying transaction.
Singapore is still running its elite miles promo whereby you can gain status via point transfer or spend
Singapore Airlines has a promo running whereby miles transferred into the program qualify for elite status at a 5:1 ratio. So if you populate your Singapore account with 250k miles you’d earn Star Alliance Gold.
Great uses of Singapore Miles
- US to Europe for 72k miles in business class
- US to Europe for 87k miles on Singapore First Class ( JFK to Frankfurt route )
- US to Europe for 107.5k in partner first class
- Within Asia – 53k miles for First Class
- USA coast to coast in business class for 25k miles
I used Singapore miles to fly Lufthansa First Class recently
@zacharyburrabelI had Singapore miles expiring and used 107k + $400 to book ##travel ##travelhacks ##traveltips ##creditcards ##lufthansa ##firstclass♬ Paradise – Bazzi
Around the world Tickets
- 180k in Econ
- 240k in Biz
- 360k in First
Features you should be aware of with the Singapore Krisflyer Program
- Miles expired after 36 months
- You can bake in a stopover on roundtrip flights and one way standard tickets ( you can also add stopovers for $100 a piece on roundtrips, up to 3 )
- Most Singapore premium cabin space is only avail to members…
Overall
I’m definitely considering moving over some miles, but highly doubt I’d do 250k to earn Star Alliance Gold. The 36 months expiration would concern me since I almost ran out of time on some Singapore miles here recently.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
75k Ultimate Rewards after $4k spend in 3 months
*you may find an elevated offer walking into a branch – see below
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 75k Ultimate Rewards after $4k spend in 3 months
- Worth $937.50 in Chase Travel℠ and way more if you maximize transfer partners
- Some people have seen Chase branches offering the following:
- 75k Ultimate Rewards After $4k spend in 3 months + 10k Ultimate Rewards after $6k in 6 months
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.