Singapore Krisflyer Devalaution 2017
Singapore Air has announced some changes to their Krisflyer program. While there is one bit of positive news, in the whole this is a devaluation. The changes will go into effect on March 23, 2017. Let’s take a look.
Here is the bad news:
- Revisions to Saver Award levels in the Singapore Airlines and SilkAir Award Chart have been made to ensure that flight rewards remain sustainable yet competitive.
- The 15% discount for redemption and redemption upgrade bookings made through singaporeair.com and the SingaporeAir app will be discontinued, and the same redemption fare will be applied across all channels.
And here is the good news:
- Fuel and insurance surcharges from all redemption award tickets on Singapore Airlines and SilkAir operated flights will be removed.
Increases to Saver Level Awards
Singapore has increased the Saver redemption rates on some but not all routes. (You can view the old and new charts here.) Among the changes for example are between Singapore and the United States. Previously First Class between Singapore and the East Coast was 110,000 miles. It has been increased to 120,000. Awards to Europe, Australia and Japan among other places have also been modestly increased.
Also increased are some awards between different regions. For example, a few months ago I flew Singapore First Class from LAX-NRT. That award cost 74,375 miles (87,500 before 15% discount). Beginning on March 23, it will cost 95,000 miles. That amounts to an increase of almost 22%.
Elimination of the 15% Discount
Of course the increases mentioned above aren’t the whole story. In truth, before any increases, all awards are essentially going up 15% due to the elimination of the online booking discount. That 110,000 mile first class award mentioned above currently only costs 93,500 if booked online. So while it looks like the award is only going up 10,000 miles, in reality it is increasing 26,500!
Elimination of Fuel Surcharges
The one bit of good news here is that Singapore Air is eliminating fuel surcharges from their own flights. They had already lowered these surcharges awhile back (for example I paid $30 per ticket LAX-NRT recently), but it is good to see them eliminated altogether. Of course with the other changes, you will be saving some money, but paying more miles.
How to Get Singapore Miles
Singapore Krisflyer is one of the easiest programs to amass miles in. They are partners with just about every bank program including Membership Rewards, ThankYou and Ultimate Rewards. They are also a transfer partner of SPG. In other words, these miles are easy to come by.
Overall this is a devaluation, but at least Singapore threw in a little positive by eliminating fuel surcharges. I suppose the elimination of the 15% online discount isn’t a surprise given how unique it was, but that move means we are looking at a 15% or more devaluation across the board and that is fairly significant.
You can find the full details of these changes here. What are your thoughts?