What's the Value of a KrisFlyer Mile in 2023?

  Рет қаралды 11,612

Sethisfy Personal Finance

Sethisfy Personal Finance

Күн бұрын

Пікірлер: 26
@Sethisfy
@Sethisfy 2 жыл бұрын
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@thesiblingsquad4552
@thesiblingsquad4552 Жыл бұрын
Kudos. Very good video and explanation
@jonathankong91
@jonathankong91 2 жыл бұрын
Great explanation!
@Sethisfy
@Sethisfy 2 жыл бұрын
Thanks for the kind words and for leaving a comment!
@joelpker
@joelpker 2 жыл бұрын
Thanks for the insightful video. I wonder, now, how do cashback cards compare? Would love to see how they do and I'm sure many followers can then make an informed decision as to which is optimal. Thanks once again!
@Sethisfy
@Sethisfy 2 жыл бұрын
The value of cashback cards is straightforward since you get your rewards in dollars. I do intend to make a cashback vs miles video… that'll probably not change anyone's minds since it's practically a cat vs dog or iPhone vs Android debate at this point 😂
@ddragondamen9049
@ddragondamen9049 2 жыл бұрын
Hi Seth Tks for your sharing. It’s been helpful in understanding it. Btw u mentioned citi bank having promotion to allow members to buy Miles. Would u be able to provide us the link? Tks
@Sethisfy
@Sethisfy 2 жыл бұрын
You can find more info here sethisfy.com/citi-payall-buy-miles-at-0-8-cents-each-clock-spend-for-promos-and-limo-service/
@weeshenteo9938
@weeshenteo9938 2 жыл бұрын
If I am someone who only takes economy flight, then using cardup to earn miles seems not worth it? for example OCBC N90 + cardup
@Sethisfy
@Sethisfy 2 жыл бұрын
Yes buying miles through CardUp isn't that worth it but it also depends on the fee you pay vs the miles you earn. Some econ flights also make the value of miles quite high like the flight to SFO I mentioned.
@MsSparkingStars
@MsSparkingStars 2 жыл бұрын
Hi can you elaborate on how 4mpd can give 2% Cashback? I m new to miles. Thanks!
@Sethisfy
@Sethisfy 2 жыл бұрын
When you accrue bank points on your credit card, you can trade them for miles. You can also trade them for cashback. When a card advertises itself as 4 mpd, it is usually possible to get 2% cashback instead. Once you have converted your miles to KrisFlyer, you can also still use the KrisFlyer miles as cashback by buying things on KrisShop, or transferring it to Kris+ app to buy things with.
@Gh0stBird
@Gh0stBird 2 жыл бұрын
Hi Seth, thanks for the very insightful video. May i ask if let say i managed to find a non-waitlist flight when redeeming my miles, does that means i will get a confirmed seat?
@Sethisfy
@Sethisfy 2 жыл бұрын
Yes you will pay the tax and your miles will be deducted immediately
@Gh0stBird
@Gh0stBird 2 жыл бұрын
@@Sethisfy Got it! Thank you soo much Seth for the reply. Appreciate it.
@nengjiekoh5037
@nengjiekoh5037 2 жыл бұрын
Do you get Miles with Citi Cash Back+ card using Citi Pay All?
@Sethisfy
@Sethisfy 2 жыл бұрын
Nope current promo is for their points cards only
@nickaela
@nickaela 2 жыл бұрын
Hi seth, which miles card would u recommend for overseas spend.
@Sethisfy
@Sethisfy 2 жыл бұрын
UOB Visa Signature gives 4 mpd but you need $1,000 min spend within the billing cycle
@nickaela
@nickaela 2 жыл бұрын
OK thanks!
@philipyoungg
@philipyoungg 2 жыл бұрын
When you buy SQ seat, you also got miles. The calculation didn't put that into consideration. So the miles worth even less 🙁
@Sethisfy
@Sethisfy 2 жыл бұрын
Yes that is true.
@mercboy111
@mercboy111 2 жыл бұрын
Too bad they now expire forcing you to use the points earned or forfeit it
@Sethisfy
@Sethisfy 2 жыл бұрын
Yes that's another downside of miles. Even before expiry they tend to be devalued
@Sean-me4fv
@Sean-me4fv Жыл бұрын
It seems you need about 100 KrisFlyer miles to get $1AUD value
@tiberium87
@tiberium87 2 жыл бұрын
Smart!
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