Buy KrisFlyer Miles Cheaply With Credit Card Renewals in Singapore

One of the less well known ways to effectively buy Singapore Airlines KrisFlyer Miles is through Credit Card renewals and it’s pretty cheap too.

Buy KrisFlyer Miles Cheaply With Credit Card Renewals in Singapore

In order to get the renewal miles you have to pay the renewal fee, something which I’m sure many of us try to get a waiver for usually.  However if you do pay the fee you are effectively paying for those miles, and it actually works out as a very cheap way to buy them.

These are the 6 credit cards in Singapore that offer Miles related Renewal Bonuses:

Citibank Prestige Credit Card – 25,000 Miles on Renewal of $S535

Cost of the Miles = 2.14 cents per KrisFlyer Miles

Other Notes – sign-up bonus of 25,000 Miles, priority pass membership, flexible program – but eligibility requirement high as well as the annual fee.

Citibank Prestige Credit Card Review

Citibank PremierMiles American Express Credit Card – 15,000 on Renewal of $S267.50

Cost of the Miles = 1.78 cents per KrisFlyer Mile

Other Notes – decent earn rate and lots of Citibank promotions with partners including Kaligo and Expedia.

Citibank PremierMiles American Express Credit Review

Citibank PremierMiles Visa Credit Card – 10,000 on Renewal of $S192.60

Cost of the Miles = 1.92 cents per KrisFlyer Mile

Other Notes – decent earn rate and lots of Citibank promotions with partners including Kaligo and Expedia.

Citibank PremierMiles Visa Credit Review

DBS Altitude Visa Signature Credit Card – 10,000 on Renewal of $S192.60

Cost of the Miles = 1.92 cents per KrisFlyer Mile

Other Notes – Small sign-up bonus of 5,000 miles available

DBS Altitude Visa Signature Credit Card Review

DBS Altitude American Express Credit Card – 10,000 on Renewal of $S192.60

Cost of the Miles = 1.92 cents per KrisFlyer Mile

Other Notes – Insurance included

DBS Altitude American Express Credit Card Review

ANZ Travel Visa Signature Credit Card – 10,000 on Renewal of $S200

Cost of the Miles = 2 cents per KrisFlyer Mile

Other Notes – Good earning rate and unlimited lounge access

ANZ Travel Visa Signature Credit Card Review

Generally I value Singapore Airlines KrisFlyer Miles at 2 cents per mile, so you could get some value by having these cards for the renewal bonuses.  However as with all miles they are only valuable if you use them and get a good redemption out of them, signing up for these cards and using the miles for economy redemptions from Singapore to Kuala Lumpur is not going to get you a good return!

If you buy KrisFlyer miles through Singapore Airlines you’ll be paying 5 cents per mile or the cheaper alternative is through Starwood Preferred Guest (SPG) at 3.5 cents per mile – check out our post for details:

Cheapest way for buying KrisFlyer Miles

Conclusion

If you are able to get good value redemptions on flights then this could work out nicely for you to pick up a couple of these cards for their renewal bonuses.  A couple of these including the Citibank Prestige, DBS Visa, and ANZ Visa credit cards also have sign-up bonuses so you could combine to maximize your rewards.  I suggest you also check out our post on the best credit cards for sign-up bonuses in Singapore:

Best credit card sign-up promotions for Singapore Airlines KrisFlyer miles

Have we missed any renewal bonuses?