Singapore Airlines offering 30% conversion bonus to and from Shangri-La Circle Points

From now till 31 October 2026, enjoy a 30% bonus when you transfer KrisFlyer miles and Shangri-La Circle Points in either direction — which is still poor value.

Back in 2016, Singapore Airlines launched a partnership with Shangri-La Hotels & Resorts called Infinite Journeys, which offers two-way points conversions and reciprocal elite recognition, including a fast-track to Shangri-La Circle Jade or KrisFlyer Elite Gold.

While the regular conversion rate between Shangri-La Circle and KrisFlyer offers terrible value, Infinite Journeys offers an annual transfer bonus that improves the situation somewhat. 

This year’s offer is a 30% bonus — advertised as a 40% bonus, but as we’ll see shortly, that won’t be the case for most people — valid for transfers between now and the end of October 2026. This is slightly better than the 25% bonus offered last year, though not as good as the 50% bonuses offered in 2023 and 2024.

In any case, the value is still poor, and should only be a last-resort option.

Infinite Journeys offering 30% transfer bonus

Details

The Infinite Journeys transfer bonus runs from 4 September to 31 October 2026, and offers a 30% bonus for transfers between Shangri-La Circle Points and KrisFlyer miles in either direction.

From 4 September until 31 October 2026, enjoy 30% Bonus when you convert between Shangri-La Circle Points and KrisFlyer miles.

The top 10 members with the highest conversions from Points to miles (and vice versa) will also receive an extra 10% bonus.

Link your accounts today, and let your well-earned rewards take you further, for longer.

-Singapore Airlines

KrisFlyer to Shangri-La

KrisFlyer members can transfer miles to Shangri-La Circle Points at a rate of 12 miles = 1.3 points, with a minimum conversion of 20,000 miles. 

KrisFlyer  Shangri-La Circle
12 miles 1 points
1.3 points
Min. conversion: 20,000 miles

A maximum of 180,000 KrisFlyer miles can be converted to Shangri-La Circle Points per calendar year.

Shangri-La to KrisFlyer

Shangri-La Circle members can transfer points to KrisFlyer miles at a rate of 1 point = 1.625 miles, with a minimum conversion of 1,000 points. 

Shangri-La Circle KrisFlyer
1 point 1.25 1.625 miles
Min. conversion: 1,000 points

There is no cap on the conversions that can be made in this direction. 

To transfer points between programmes, you’ll need to link your KrisFlyer account to your Shangri-La Circle account. 

  • Log in to your KrisFlyer account, click on ‘Profile’, then ‘Partner Programmes’
  • Under ‘Add partner’, select ‘Non-airline partner’ for the category and ‘Shangri-La Circle’ for the partner from the drop-down list
  • Key in your Shangri-La Circle membership number and click ‘Add’
  • To link your accounts together, select ‘Link’

The boosted rate will be automatically reflected on the KrisFlyer website when you make a conversion.

Extra 10% bonus for top 10 members

This transfer bonus is advertised as “up to 40%” because there’s an extra 10% offered to the top 10 members who convert the most points/miles in either direction.

There is one leaderboard for KrisFlyer > Shangri-La Circle, and another for Shangri-La Circle > KrisFlyer, and the top 10 members on both lists (20 in total) will receive an extra 10% bonus points or miles.

The additional 10% will be credited within four weeks of the end of the promotion period, i.e. 28 November 2026. Where two or more members have the same conversion volume, priority will be given to the member who first achieved such conversion volume.

Obviously, there’s no way of knowing how many miles or points you have to transfer to be part of the top 10, but even if you managed to get a 40% bonus, this still wouldn’t be a good deal (see below).

Is this a good deal?

Shangri-La Paris

Following a massive devaluation in April 2022 (which, as expected, was spun as an enhancement), Shangri-La Circle Points now have a fixed value of 15 points per US$1 when spent on hotel stays, dining or spa experiences. This means that each point is worth about 8.46 SG cents.

KrisFlyer to Shangri-La

Transferring KrisFlyer miles to Shangri-La Circle Points under this promotion gives a value of 0.92 cents per mile, instead of the usual 0.70 cents.

That’s still poor value, when you could easily get 1 cent per mile from using your miles to pay for Singapore Airlines or Scoot tickets, KrisShop, Pelago or Kris+ merchants.

💰 KrisFlyer Miles Redemption Value
Redemption Option Value Per Mile
✈️ Award Flights with SIA, Scoot, or Partner Airlines 2+¢
🛍️ Spend with KrisShop
🎡 Spend with Pelago
📱 Spend with Kris+
✈️ Miles + Cash for SIA or Scoot tickets
🏨 Shangri-La Circle Conversion 0.92¢
Ends 31 Oct 26
0.70¢
🚘 Book Hotels or Rental Cars on KrisFlyer vRooms 0.8¢
🏨 Marriott Bonvoy Conversion 0.77¢

🛒 yuu Rewards Club Conversion 0.75¢
🏬 CapitaStar Conversion 0.70¢
Esso Smiles Conversion 0.56-0.67¢

🏨 Accor Live Limitless Conversion 0.66¢
🛒 LinkPoints Conversion 0.60¢

Even if you somehow got the 40% bonus, the value per mile would be around 0.99 cents, just a hair below the 1 cent benchmark. It’s really not worth considering.

Shangri-La to KrisFlyer

Transferring Shangri-La Circle Points to KrisFlyer miles is an even worse idea.

1,000 Circle Points are worth ~S$84.60 if spent at Shangri-La hotels, and if you convert them to 1,625 KrisFlyer miles, you’ll have at best S$32.50 of value (if you took a generous 2 cents per mile valuation).

That is a massive loss in value. No wonder they don’t cap points transfers in this direction!

Terms & Conditions

The T&Cs of this transfer bonus can be found here.

How does this compare to previous years?

We’ve seen an annual Infinite Journeys transfer bonus since 2023, and here’s how this year’s offer measures up.

Year Bonus
2018 100%
2023 50%
2024 50%
2025 25%
2026 30%
(+10% for top 10 members)

A 30% bonus is better than the 25% in 2025, though it falls short of the 50% bonus offered in 2023 and 2024.

And of course, nothing can beat 2018’s 100% bonus, all the more because Shangri-La Golden Circle (the name of the programme back then) points were a lot more valuable at the time. You were basically getting 2.3 cents per mile!

Infinite Journeys status match

In addition to two-way points conversions, the Infinite Journeys partnership provides elite members with a fast-track to elite status in either programme.

From Shangri-La Circle to KrisFlyer

Shangri-La Circle Tier Instant Match  Accelerated Status
Jade KrisFlyer Elite Silver KrisFlyer Elite Gold
(3x flights within 4 months)
Diamond

KrisFlyer Elite Gold
(1x flight within 4 months)

Shangri-La Circle Jade or Diamond members receive instant KrisFlyer Elite Silver membership upon registration, and will be upgraded to KrisFlyer Elite Gold if they complete:

  • Jade: Three qualifying flights within four months of registration
  • Diamond: One qualifying flight within four months of registration

Eligible flights exclude award bookings, codeshares, or booking class code G (used for Group fares). 

From KrisFlyer to Shangri-La Circle

KrisFlyer Tier Instant Match  Accelerated Status
Solitaire PPS & PPS Club N/A Shangri-La Circle Jade
(1x stay)
KrisFlyer Elite Gold

Solitaire PPS Club, PPS Club or KrisFlyer Elite Gold members do not receive any instant Shangri-La Circle status upon registration. 

However, they will be upgraded to Shangri-La Circle Jade after completing at least one qualifying stay (of any duration) at any Shangri-La Hotel, Kerry Hotel, JEN Hotel and Traders Hotel worldwide. The T&Cs do not mention a specific period in which you need to complete this stay, but a spokesperson confirmed there was no time limit.

Qualifying stays are defined as those booked through Shangri-La’s official hotel room reservation channels, and exclude third-party bookings such as Booking.com or Hotels.com. Also excluded are stays booked through official room channels where you use Shangri-La Circle Points to pay for your room in part or full. 

For more on the partnership, refer to the link below.

Guide: KrisFlyer x Shangri-La Infinite Journeys status match and points conversions

Conclusion

Shangri-La Cairns

From now till 31 October 2026, KrisFlyer and Shangri-La Circle members can enjoy a 30% bonus when they transfer points or miles in either direction.

But the baseline rate is so poor that a 30% bonus barely moves the needle. Even if you were lucky enough to be among the top 10 members for conversion volumes, a 40% bonus would leave you marginally worse off than simply spending KrisFlyer miles at 1 cent each on Kris+, KrisShop, Pelago, or on Singapore Airlines and Scoot tickets.

Mind you, there’s also a hefty 20,000-mile minimum involved in conversions, so it’s not even a good option for cashing out a small number of expiring miles.

Hard pass.

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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