Lifemiles are back on sale until November 28 with one of the better offers in recent memory.
With this promotion, you get a 140% bonus on miles purchased with a minimum purchase amount of 5,000 miles. What makes this promotion different from previous ones is the low threshold needed to enjoy the 140% bonus.
In previous promotions, you would normally need to buy 100,000+ miles at one go to enjoy the maximum bonus. This meant splashing out thousands of dollars. With the current promotion, you can enjoy the maximum bonus so long as you buy at least 5,000 miles.
The regular purchase price of Lifemiles is 3.3 US cents each, so at a 140% bonus you’re paying 1.375 US cents per mile. That, to me, is a very good price to buy Lifemiles at.
In case you’re interested, previous promotions have sold miles at (albeit with much higher purchase requirements to enjoy the bonuses stated below)
- Sept 2016- 130% and 140% (2 sales in 1 month)
- May 2016- 135%
- Dec 2015- 150%
- October 2015- 150%
- September 2015- 145%
- May 2015- 120%
Will I buy?
My usual policy is not to buy miles speculatively, but since I have an odd balance in my account now (59,200) I will take advantage of this promotion to top up my balance so the equivalent of one First Class award ticket to the US handy (99,000 miles).
As a reminder, here are some of the amounts you will need to redeem first/business class tickets from Singapore. See the full award chart here.
All prices one-way
- Singapore to North America (78,000/99,000)
- Singapore to Europe (78,000/102,000)
- Singapore to Australia (40,000/60,000)
Remember that Lifemiles does not allow you to book SQ premium cabin space (except on routes with their regional business class product), you can cancel your tickets any time for a US$50 fee (but you need to call up the call centre) and you can only book your routes based on what you see on the online search engine.
On the plus side, there are no fuel surcharges. Also, mixed cabin bookings are now available which opens up the possibility of flying products like Thai’s First Class after connecting to BKK in business.
Lifemiles purchases will earn 4 miles per $1 when you buy with your
- DBS Woman’s World Card
- HSBC Advance Card
I do not have any info on whether Citibank Rewards or UOB PP Visa will get the 4 miles per $1. My suspicion is no, because the transaction will code as an airline transaction and the T&C of both cards explicitly exclude that from the bonus.
They will earn 3 miles per $1 when bought with
- DBS Altitude (AMEX or Visa), for the first $5,000 a month
The sale ends 28 November so act fast. Have a read of the Lifemiles primer if you need a quick reminder of how it works.