If you own a small or medium-sized business, the AMEX Singapore Airlines Business Credit Card (aka AMEX HighFlyer Card) is a no-brainer for you.
Cardholders enjoy a complimentary Accor Plus membership (including one free hotel night and up to 50% off dining), two lounge visits and the highest general spending earn rate on the market (1.8 mpd, even on insurance and GrabPay top-ups). All this and a first year fee waiver means there’s very little to dislike.
To sweeten the deal, there’s even a special sign-up offer for Milelion readers (valid till 31 October 2021), who receive S$200 CapitaVouchers when they apply and spend S$500 by the end of the month following card approval. This is on top of the regular sign-up gift of a S$300 statement credit, available with S$5,000 spend in the first 3 months.
|Income Req.||S$30,000 p.a||Points Validity||3 years|
(First Year Free)
|Miles with |
|FCY Fee||2.95%||Transfer Fee||None|
|Local Earn||1.8 mpd||Points Pool?||N/A|
|FCY Earn||1.8 mpd||Lounge Access?||Yes|
|Special Earn||8.5 mpd on SIA Group*||Airport Limo?||No|
|*Includes the 5 HighFlyer points per S$1 that HighFlyer companies already earn|
Cardholder Terms and Conditions
In this post, we’ll take a closer look at what you can do with the HighFlyer points earned through this card.
Conversion to KrisFlyer miles
|Conversion to KrisFlyer|
|HighFlyer Points||➤||KrisFlyer Miles|
Back in July 2021, Singapore Airlines doubled the rate for HighFlyer to KrisFlyer conversions. Instead of the previous 1 HighFlyer point = 0.5 KrisFlyer miles, the rate was revised to 1 HighFlyer point= 1 KrisFlyer mile.
This meant that overnight, the AMEX HighFlyer Card went from a below average general spending option (0.9 mpd) to one of the best on the market (1.8 mpd).
There are some restrictions to note:
- Each HighFlyer account shall only be linked to a maximum of five selected KrisFlyer accounts for the purpose of converting HighFlyer points to KrisFlyer miles
- Each HighFlyer account Shall only be allowed to convert HighFlyer points to a maximum of 150,000 KrisFlyer miles per calendar year
- Each selected KrisFlyer account may receive a maximum of 30,000 KrisFlyer miles converted from HighFlyer points per calendar year, regardless of which HighFlyer accounts the points are converted from
This means that if you’re a one-man business like me, you’re limited to extracting 30,000 KrisFlyer miles from your HighFlyer account per calendar year. However, if you run a family business, you could always add family members as transferees and extract the full 150,000 miles from the HighFlyer account annually.
Transfers from HighFlyer to KrisFlyer are instant, and will not earn Elite miles under the ongoing “earn status credits on the ground” campaign.
Offset Singapore Airlines expenses
|Offset SIA Expenses|
HighFlyer points can be used to offset Singapore Airlines expenses at a rate of 1,050 HighFlyer points = S$10 (0.95 cents/point).
This includes tickets, extra luggage, advance seat selection and cabin class upgrades. With regards to tickets, here’s how paying with HighFlyer points compares to converting to KrisFlyer miles and then redeeming an award.
|Spend HighFlyer points||Redeem for KrisFlyer miles|
|Seat Availability||Any seat available for sale||Award inventory only|
|Miles Required||Depends on cost of ticket||Fixed (refer to award chart)|
|Value Per Mile||0.95 cents||Variable|
As a side note: Singapore Airlines has harmonised the cash + miles redemption rate across KrisFlyer and HighFlyer; both are worth 0.95 cents each when used to offset Singapore Airlines expenses.
Redeem lounge passes
|Redeem Lounge Passes|
|5,000||1x Lounge Pass|
HighFlyer points can be redeemed for lounge passes at Changi Airport. Unfortunately, this doesn’t give you access to Singapore Airlines’ SilverKris Lounges. Instead, you’ll receive a voucher valid for entry to the SATS Premier Lounge at Terminal 1 or 3.
The cost of entry is steep at 5,000 HighFlyer points per lounge pass, and even if you take a rock bottom valuation of 1 cent per HighFlyer point, S$50 is still paying well over the odds. I’d say this is an option to stay away from.
Don’t forget that the AMEX HighFlyer Card comes with two annual complimentary lounge visits courtesy of Priority Pass anyway.
Lufthansa and SWISS vouchers
HighFlyer accounts registered in Singapore or Australia can redeem HighFlyer points for Lufthansa and SWISS flight e-vouchers.
The rate is 5,500 HighFlyer points= S$50, or 0.91 cents per point. This is marginally worse than the rate for offsetting Singapore Airlines expenses, which is only natural I suppose.
e-Vouchers are valid for 30 days and can be used for online bookings at Lufthansa.com or Swissair.com. I assume you can use multiple vouchers per booking, though I haven’t tested this yet.
HighFlyer members can redeem points for Scoot e-vouchers, in denominations of S$10, S$50, S$100 and S$500.
Regardless of what denomination you redeem, the rate you get will be 1,050 HighFlyer points= S$10 (0.95 cents/point), the same as if you were offsetting Singapore Airlines expenses.
e-Vouchers are valid for 180 days after issuance, and can only be used at flyscoot.com.
KrisFlyer Elite Gold status
|KrisFlyer Elite Gold membership|
|150,000||12 month membership|
Companies which spend at least US$20,000 per year with Singapore Airlines will be upgraded to HighFlyer Silver status. This enables them to redeem HighFlyer points for a KrisFlyer Elite Gold upgrade for any corporate traveller. The rate is 150,000 HighFlyer points for a 12-month membership.
I’d say it’s not particularly worth it though, given that you could transfer 250,000 KrisFlyer miles from credit card partners to unlock KrisFlyer Elite Gold under Singapore Airlines’ ongoing “earn on the ground” campaign (plus, you’ll be able to spend those 250,000 miles on flights too).
In my opinion, the best use of HighFlyer points remains conversions to KrisFlyer miles. However, you’re limited to cashing out 30,000 miles each year per corporate traveller, so it’s good to be familiar with the alternatives too.
If you’re keen to sign up, remember to do so by 31 October 2021 in order to enjoy the additional bonus of S$200 CapitaVouchers for Milelion readers, on top of the regular sign-up gift.