Saturday, May 30, 2009

Singapore American Express Gold KrisFlyer Credit Card

The Singapore American Express Gold Kris Flyer Credit Card
The fastest way to earn KrisFlyer miles without the hassle of points conversion and and transfers. No need to wait for your points to be transferred to your Kris Flyer account, it is done automatically at the end of each calender month.

You could cancel the card anytime, the bonus points for this year are forfeit.

Cost of owning the Singapore American Express Gold Kris Flyer Credit Card...

Main Card Holder
  • S$50 per year for main card holder, 1st year free
  • S$60 Service Fee (for transferring miles to your Kris Flyer account), 1st year free
  • 21-years old
  • S$40k for Singaporeans, S$60k for Expatriates

Supplementary Card Holder

  • 1st two supplementary cards free
  • 3rd card onwards, S$50 each, 1st year free
  • 18-years old

To apply

  • Photocopy of NRIC, Employment Pass and Passport
  • IR8A, Tax Notice of Returns, CPF Statements for 1-year
  • Online Appilcation is possible
Points Accumulation
  • 5000 bonus Kris Flyer points the 1st time you spend
  • 1 Kris Flyer Mile (KFM) for every S$1.60 spent
    - Whether spent at Platinum Partners, Amex Selects Program or otherwise, 1 KFM for every S$1.60 spent
  • Another 50% KFM is earned when spend reaches S$5,000.

    Example:
    When 1st S$5000 is spent, number of KFM accumulated is 3125 KFM
    50% bonus miles earned is 1562.5 KFM
    Total miles earned at S$5,000 spend is 4687.5 KFM
  • A further 50% KFM is earned when spend reaches S$10,000.

    Example:
    When next S$5000 is spent, number of KFM accumulated is 3125 KFM
    50% bonus miles earned is 1562.5 KFM
    Total miles earned at S$10,000 spend is 4687.5 + 3125 + 1562.5 KFM
    For a combined total of 9375 KFM
  • S$50 basic card fee and S$60 Service Fee is waived when there is recurring billing on the Amex Gold KF CC, such as your Starhub bill. Please ask the Relationship Manager (RM) to waive it.
  • When buying Singapore Airlines Tickets on singaporeair.com the number of KFM earned is doubled.

    Example:
    One Business Class ticket to London is S$6,000
    Total KFM earned for 1st S$5,000 spent is 4687.5 KFM
    Next S$1,000 spent earns 625 KFM
    Bonus for purchasing ticket on singaporeair website = 2x
    Total KFM earned is (4687.5 + 625) x 2 = 10,625 KFM

Something to take note off...

  • Bonus points are only paid in February of the next calender year.
  • Charges accumulated in previous year do not qualify for bonuses in current year.

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