Credit Cards

The Milelion’s Guide to Credit Card Points

Which bank pools points? When do points expire? What's the conversion fee? All this answered and more.

Unless you hold a cobrand card like the AMEX KrisFlyer Ascend or KrisFlyer Blue, you’re not actually earning miles when you spend- you’re earning bank points. Bank points can then be transferred to frequent flyer programs such as KrisFlyer or Asia Miles.



That means there’s an additional layer to understand here in the form of the various bank currencies. So I’ve put together the following table with the 8 banks in Singapore whose currencies can be converted to airline miles.

Click to enlarge

A few points to note about the table above:

  • DBS offers customer two options for conversion. Cardholders either pay $26.75 per conversion, or $42.80 for their points to be automatically converted once the minimum threshold is reached
  • Citibank points expire 5 years (+3 months) after the card on which they were earned was opened. That’s to say, if your card was opened in May 2018, all your points earned on that card will expire Aug 2023. Confused? Read this.

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Short haul award sweet spots: exploring the region for less - The MileLionLeenedAaron WongYi Kai Recent comment authors
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Yi Kai
Yi Kai

Um, the click to enlarge button don’t work.

Awesome article by the way. Bookmarking it.


Hi Aaron, excellent article as always.

The conversion fee is waived for maybank world master card through the complimentary Rewards Infinite membership. For the rare few peeps who employs maybank cards as part of their strategy.


Correct me if I am wrong but I thought miles earned thru Citi PM never expires?


[…] that your bank points transfer at the same ratio regardless of which FFP you choose. That’s to say, if I hold a […]