GrabRewards offering 2X Qatar Qmiles transfer bonus

Last month, I wrote about the new Grab x Qatar Airways partnership, which allows for two-way points conversions between GrabRewards and Qatar Privilege Club. Unfortunately, the value wasn’t great in either direction- you were better off keeping your GrabRewards points for Grab services, and Qatar Qmiles for flights.

This month comes a nifty new promotion that may change the equation, though…

Earn 2X Qmiles when transferring GrabRewards points

GrabRewards points can now be converted to Qmiles with a 2X bonus; instead of the usual 1,200 points= 100 Qmiles, you’ll get 200 Qmiles instead. A maximum of 50 sets can be claimed per user, i.e 60,000 points for 10,000 Qmiles. 

1,200 points	⇒	100 Qmiles 200 Qmiles
This bonus only applies in one direction; the usual (poor) rate of 1,000 Qmiles ⇒ 1,000 GrabRewards points still applies.

It’s not clear how long this offer is valid for; the GrabRewards listing says 1 May 2021 to 30 November 2022, but this almost certainly refers to the partnership duration rather than the promotion itself. If you want to spring for this, sooner rather than later would be the advice.

1 GrabRewards point is worth roughly 0.2 cents (when redeemed for Grab vouchers), so this is equivalent to trading S$2.40 for 200 Qmiles, or buying them at 1.2 cents each. That’s not bad actually, considering your redemption options (see next section). 

For the sake of comparison, Grab offers transfers to KrisFlyer miles at the following ratios:

• 500 points = 50 KrisFlyer miles
• 1,000 points= 100 KrisFlyer miles
• 5,000 points= 500 KrisFlyer miles
• 10,000 points= 1,000 KrisFlyer miles
• 20,000 points= 2,000 KrisFlyer miles

With the 2X bonus, you’ll earn 67% more miles when you opt for Qmiles over KrisFlyer. 

Even if you don’t see yourself flying anywhere in the near future, earning or redeeming at least 1 Qmile extends your entire balance for a further three years- this would be a simple way to do it. 

What can you redeem with Qatar Privilege Club Qmiles?

Qatar Privilege Club does not have an award chart, so you’ll need to use their Qcalculator to find the cost of a given route. Use it like you would a regular flight search- pick the cabin, airline, origin and destination. 

The good news is that Qatar Privilege Club recently reversed their 2018 devaluation. Here’s an idea of how much Business Class redemptions cost for one-way travel on Qatar Airways out of Singapore. 

70,000/75,000 miles to Europe is tasty indeed, considering the fact that Qatar Privilege Club members don’t pay fuel surcharges for redemptions on Qatar Airways operated flights (they will for oneworld partner redemptions, where applicable).

I highly doubt that any of these destinations will be on our radars for a while, but assuming these award rates remain unchanged (which isn’t a given for Qatar Privilege Club), it may be worth looking at when things get a bit more sane. Here’s hoping there’ll be a chance to visit Qatar’s phenomenal Premium Lounge in Changi again too. 

Review: Qatar Airways Premium Lounge Singapore

Conclusion

While the most you can transfer is 10,000 Qmiles, this bonus may still be useful those who want to extend their Qmiles balance, or are just shy of the miles required for an award. 

It helps that Qatar Privilege Club has improved its redemption rates recently, although given their penchant for unannounced devaluations, I wouldn’t feel safe maintaining a sizeable balance of Qmiles for any extended period of time.