American Express Allowing Centurion Members To Buy KrisFlyer Miles at 1.47 Cents - Up To 500,000 Miles!
From now until 17 July 2020, targeted American Express Centurion Members will be able to get in touch with their relationship manager to purchase KrisFlyer Miles (up to 500,000) at just 1.47 cents each - there are three different tiers of purchase and all Centurion Members have to do is to spend a minimum of S$500 and pay a one-time fee.
Click HERE to check out the new American Express sign-up bonuses!
Photo Credit: American Express
There are three options available to targeted American Express Centurion Members and eligible members will be able to purchase 110,000, 250,000 or 500,000 KrisFlyer Miles (all at a similar cpm) after spending a minimum of S$500 by 31 July 2020 - as mentioned earlier, they will have to express interest via their RM in order to qualify for this promotion.
Photo Credit: American Express
KrisFlyer miles will be directed credited into the Centurion Member's KrisFlyer account (it will not be awarded in Membership Rewards points unfortunately) by 30 October 2020 and while this is truly a fantastic deal (albeit not open to everyone), do remember that KrisFlyer miles will expire after three years at the end of the equivalent month in which they were earned.
Targeted American Express Platinum Members also have access to a similar offer without Option C (so only A and B) to purchase 500,000 KrisFlyer Miles at this discounted rate. Do remember that no Membership Rewards points will be awarded for the payment of the one-time fee but this is still a great opportunity to build up bank for your KrisFlyer account for when leisure travel resumes. Planning to get an American Express card? Using any of the following MGM referral links will earn you either bonus MR Points of KrisFlyer miles depending on the card that you will be applying for:
The Platinum Card - 40,000 MR Points Bonus.
American Express Platinum Credit Card - 15,000 MR Points Bonus
American Express Singapore Airlines KrisFlyer Ascend Credit Card - 7,500 KrisFlyer Miles Bonus
This Go with Amex offer was not included in the original wave of hotel offers but was extended to my business credit card this morning - get S$100 back in statement credit with eligible spending of at least S$500 across participating Peninsula Hotel properties.