About the New Partnership Between IG and KrisFlyer
Singapore Airlines KrisFlyer has joined up IG enabling you to earn KrisFlyer Miles for Trades. IG (and I quote from the press release here) – is the world’s No.1 CFD provider in online trading, gives clients access to over 15,000 financial markets — including forex, shares, indices, commodities and cryptocurrencies. You can find out more about the partnership on the KrisFlyer site:
They’ve released this promotional video along with the launch – and no I couldn’t figure out how to make it bigger!
How to Earn KrisFlyer Miles for Trades with IG
There is a four step process under this offer:
The key to the offer is the “aggregated contract value” (USD) – this is the value of the trades that you make on the IG platform. This then determines the amount of KrisFlyer Miles you can receive:
So Assuming you put in the minimum sum of $5,000 SGD (3665 USD) you’d need to make roughly 2729 transactions in order to receive the full 30,000 KrisFlyer miles – or if you have larger amounts around you could speed that up considerably.
The value of the KrisFlyer miles I’d put at around $600 SGD so I actually think that this deal is pretty poor and only really worth going for if you were planning on setting up with the IG platform anyways.
Important Information on the IG and KrisFlyer Offer
This offer is available from now until the 31st December for trades made up until the 31st January, and it’s only available for new clients. There’s no indication as to whether it’ll continue into 2019.
If you setup two accounts trades in both can count towards the cumulative contract value.
You can find more information on the Singapore Airlines site here: