Rewards Updates : Kris+ will cut earn rates at more than 250 merchants from July

Source : 

https://milelion.com/2025/06/26/kris-will-cut-earn-rates-at-more-than-250-merchants-from-july/

Apple Intelligence : 

Starting July 1, 2025, Kris+ earn rates will decrease at over 250 merchants, following the standardization of KrisFlyer mile value to 1 cent per mile. This change will result in a 40% reduction in average earn rates, impacting the overall generosity of the Kris+ program. The updated list of merchants and earn rates is available for reference.

Kris+ merchants are rebasing their earn rates, with many moving from 9 mpd to 6 mpd, reflecting the 50% increase in KrisPay mile value. This change will impact those who convert Kris+ miles to KrisFlyer, as the number of high-earning merchants has decreased significantly. While some merchants have maintained their rates, it is expected that more adjustments will occur.

Kris+ allows users to transfer miles earned from Kris+ to their KrisFlyer account. The DBS Woman’s World Card, Citi Rewards + Amaze, and KrisFlyer UOB Card are recommended for earning 3-4 miles per dollar.

Rewards Updates : Is a KrisFlyer devaluation coming soon?

Source : 

https://milelion.com/2025/06/24/is-a-krisflyer-devaluation-coming-soon/

Apple Intelligence : 

• KrisFlyer Devaluation Rumor: Rumors suggest Singapore Airlines plans to adjust its award redemption charts soon.

• Official Announcement: Nothing has been officially announced by Singapore Airlines yet.

• Standardized Mile Value: From July 2025, the value of a KrisFlyer mile will be standardized at 1 cent for spending on Singapore Airlines and Scoot commercial flights, Kris+ transactions, KrisShop purchases and Pelago bookings.

• Mile Value Increase: The value of a mile in Kris+ increased to 1.35 cents.

• Potential Devaluation: Singapore Airlines hinted at changes to the KrisFlyer program, suggesting a potential devaluation this summer.

• Fuel Surcharge Consideration: The airline is considering bringing back fuel surcharges on award tickets, but no decision has been made.

• KrisFlyer Award Chart Updates: Six updates since 1999, with the latest in July 2022.

• Notable Changes: Introduction of fuel surcharges, expansion and consolidation of award zones, changes in award redemption options, and removal of certain perks.

• Recent Restrictions: Removal of the “stopover trick” and capping of complimentary stopovers at 30 days.

• Frequent Devaluation: KrisFlyer award chart devaluations are happening more frequently, every 2-3 years instead of 4-5 years.

• Potential Devaluation in 2025: Another award chart adjustment is likely in 2025, given the last one was in July 2022.

• Aircraft Delivery Delays: Singapore Airlines’ expansion plans are impacted by Boeing’s delivery delays, particularly for the B777-9s.

• Aircraft Fleet Status: Singapore Airlines is replacing aging B737-800s and retiring A380-800s, leading to a reduction in premium cabin seats.

• Impact on Award Chart: High demand and limited award seat availability due to fleet changes are putting pressure on Singapore Airlines to adjust its award charts.

• Future Cabin Product and Devaluation: New First and Business Class seats will be introduced in early 2026, and historically, new seats have been linked to award chart devaluations.

• KrisFlyer Devaluation History: Singapore Airlines has devalued its KrisFlyer program multiple times, including in 2003, 2007, 2013, and 2017, often before introducing new cabin products.

• KrisFlyer Mile Value Standardization: Singapore Airlines is standardizing the value of KrisFlyer miles to 1 cent each, potentially leading to adjustments in award chart prices and potentially dynamic award pricing.

• Devaluation Response Strategies: Recommendations for KrisFlyer members during devaluations include booking trips at current prices if increases are mild or redeeming miles if the devaluation is significant.

• KrisFlyer Devaluation Prediction: Singapore Airlines hinted at changes to the KrisFlyer program, suggesting a potential award chart devaluation in the coming months.

• Award Booking Window: Award tickets can be booked up to 355 days in advance, with new inventory loaded daily at 8 a.m. (all destinations except USA), 1 p.m. (EWR/JFK), and 4 p.m. (LAX/SEA/SFO) SGT.

• Impact of Devaluation: Waitlists cleared after the devaluation and award ticket changes requiring reissuance will be subject to new prices.

Rewards Updates : Enhanced: Redeem KrisFlyer miles at 1 cent each across SIA, Scoot, Pelago, Kris+ and KrisShop

Source : 

https://milelion.com/2025/06/23/enhanced-redeem-krisflyer-miles-at-1-cent-each-across-sia-scoot-pelago-kris-and-krisshop/

Apple Intelligence : 

• KrisFlyer Mile Value: From July 1, 2025, KrisFlyer miles will be worth 1 cent each across SIA, Scoot, Pelago, Kris+ and KrisShop.

• Redemption Rate Standardization: Singapore Airlines will introduce a standardized redemption rate of 100 KrisFlyer miles = S$1 across all platforms.

• Value Enhancement: The new rate boosts the value per mile by 5-50%, depending on the use case.

• Payment Method: KrisFlyer members can use miles to pay for commercial tickets, purchases at Kris+ merchants, KrisShop, and Pelago.

• Miles Redemption Rate: From July 1, 2025, the redemption rate will be harmonized to 100 KrisFlyer miles = S$1.

• Minimum Redemption Amount: The minimum redemption amount will be 10 miles for Kris+, and 1,000 miles for Singapore Airlines and Scoot, KrisShop, and Pelago.

• Kris+ Transfer Bonus Value: Transferred KrisFlyer miles to Kris+ with a 35% bonus will be worth S$13.50, or 1.35 cents per mile.

• Miles & Cash Rate Change: The rate for Miles & Cash for Singapore Airlines flights has changed, but the difference is marginal compared to the previous rate.

• KrisFlyer vRooms Value: Redeeming the minimum number of miles (1,500 miles) through KrisFlyer vRooms can yield a higher valuation of 1.6 cents per mile.

• Best Use of Miles: Award flights offer the highest value for KrisFlyer miles, with potential valuations of 4-5 cents per mile.

• Value of Spending Miles: Spending miles for cash or non-travel rewards is not recommended, as the value is significantly lower (1 cent per mile).

• Miles Conversion: Converting KrisFlyer miles to other loyalty programs like Shangri-La Circle or CapitaStar offers slightly higher value than cash equivalents.

• KrisFlyer Mile Value Standardization: From July 1, 2025, KrisFlyer miles will be standardized to 1 cent each for all redemptions.

• Impact on Mile Conversion: Converting KrisFlyer miles to other programs like yuu Points or Accor points will no longer be advantageous.

• Potential Concerns: Standardization of mile value raises concerns about potential future shifts towards revenue-based redemptions.

LifeStyle Updates : NLB Celebrates Book Bugs With Exhibition, Commemorative Cards & More

Source : 

https://www.littledayout.com/nlb-book-bugs-cards/

Apple Intelligence : 

• Book Bugs Program Goal: To cultivate a love for reading in children and boost book loans and library visits.

• Program Activities: Players earn points by borrowing books or eBooks, redeemable for Book Bugs cards, and participate in quizzes, events, and playoffs for bonus points and tokens.

• Program Impact: Increased book borrowing and reading, particularly among boys, with a positive impact extending beyond the campaign period.

• Exhibition Details: Book Bugs: Unearthing Memories exhibition will showcase all 425 Book Bugs cards across five editions.

• Exhibition Locations: The exhibition will be held at Central Library, Punggol Regional Library, Tampines Regional Library, Jurong Regional Library, Woodlands Regional Library, and Asian Civilisations Museum.

• Tournament Details: Bugcadia’s Annual National Tournament will be held at the National Library Building on June 21-22, 1 pm to 6 pm.

• Event Modes: Players can choose between competitive “Classic Mode” and collaborative “Storytelling Mode”.

• Event Activities: Fringe activities, card trading, friendly matches, NLB30 Special Mission activities, and token redemption.

• Commemorative Cards: Two special cards, “Pagie” and “Empress”, can be redeemed at the event and later from Book Bugs card dispensing machines.

Rewards Updates : PSA: Activate Kris+ auto-transfer feature

Source : 

https://milelion.com/2025/06/15/psa-activate-kris-auto-transfer-feature/

Apple Intelligence : 

• Kris+ Auto-Transfer Feature: Kris+ now allows users to automatically transfer KrisPay miles to KrisFlyer.

• Activation: Users can activate the feature by going to Wallet > Transfer to KrisFlyer and turning on the “auto-transfer to KrisFlyer” switch.

• Transferable Miles: Only KrisPay miles earned through purchases or converted from partner reward points can be transferred to KrisFlyer.

• Kris+ Miles Transfer: Kris+ now automatically transfers earned miles to KrisFlyer, eliminating the need for manual transfer.

• Earning Miles with Kris+: Earn miles by scanning the merchant’s QR code and paying with Apple/Google Pay.

• Best Cards for Kris+: DBS Woman’s World Card, Citi Rewards + Amaze, and KrisFlyer UOB Card are recommended for their high earn rates.

Rewards Updates : Crypto Exchanges Referral Rewards Ending?

Opinion : 

I've noticed recently many crypto exchanges in SG stopping their referral program rewards.

That's bad news. Not sure why they aren't allowed to give incentives like traditional brokerages.

Markets are around all time high right now. Personally, I'm waiting for some pullback to DCA. Meantime, let's enjoy the remaining school holidays.

Rewards Updates : Chocolate Visa Card nerf: What now?

Source : 

https://milelion.com/2025/06/12/chocolate-visa-card-nerf-what-now/

Apple Intelligence : 

• Earn Rate Reduction: Earn rate for the first S$1,000 spent will be reduced from 2 mpd to 1 mpd.

• Bill Payment Cap: Maximum miles earnable from bill payments will be capped at 100 miles per month.

• Effective Date: Changes will take effect on 1 July 2025.

• Miles Multiplier Tiers: 0% for MAB below S$5K, increasing by 5% for every S$5K increment up to S$100K.

• Miles Multiplier Cap: Capped at 100% for MAB of S$100K and above.

• Miles Multiplier Calculation: Bonus miles are calculated as a percentage of the total miles earned, based on the MAB tier.

• Miles Multiplier Effectiveness: Not lucrative enough to incentivize deposits, offering only S$1 to S$20 in rewards.

• Deposit Decision Factor: Primarily based on the attractiveness of base returns rather than the Miles Multiplier.

• Chocolate Finance Returns: Guaranteed returns of 3% p.a. (SGD) and 4.3% p.a. (USD) on the first S$20K/US$20K, followed by 2.7% p.a. (SGD) and 4% p.a. (USD) on the next S$30K/US$30K, with non-guaranteed rates for amounts above S$50K/US$50K.

• Card Security: Freeze the Chocolate Visa Card when not in use to prevent unauthorized transactions.

• Miles Earning Limitation: Government services, healthcare, insurance, and utilities are capped at 100 miles per month.

• Miles Earning on Specific Categories: Charitable donations and education are still eligible for miles earning.

LifeStyle Updates : New Toto Match Game: Are The Odds Better Than Classic Toto

Source : 

https://dollarsandsense.sg/new-toto-match-game-odds-better-than-classic-toto/

ChatGPT : 

Toto Match is a new fixed-payout lottery game introduced by Singapore Pools to complement the classic Toto. Unlike the jackpot-style classic Toto, Toto Match offers four bet types (Match Additional Number, Match 2, Match 3, and Match 4) with fixed odds and payouts. While odds vary—from 1 in 49 (Match AN) to 1 in 14,125 (Match 4)—the Net Present Value (NPV) per $1 bet ranges from $0.50 to $0.64. This means you still lose money on average, but potentially less than with a classic Toto ticket, which has an NPV of $0.51

LifeStyle Updates : Can you reinstate expired Citi ThankYou Points?

Source : 

https://milelion.com/2025/06/10/can-you-reinstate-expired-citi-thankyou-points/

Apple Intelligence : 

• Citi ThankYou Points Expiration: Points earned on the Citi Rewards Card expire 60 months from the card opening date, plus a 3-month grace period.

• Points Reinstatement: Expired points can be reinstated upon appeal.

• Notification Policy: A reminder notification is sent 3 months before points expiration.

• Points Validity: Citi Rewards points are valid for 60 months plus a 3-month grace period.

• Points Expiration Notification: Citi only alerts customers about expiring points in the next three months through e-Statements.

• Points Reinstatement: Citi offers 100% reinstatement of expired points with an additional 3-month validity upon request.

• Point Reinstatement Policy: Citibank offers a one-time goodwill reinstatement of expired points for Citi Rewards Cardholders.

• Reinstatement Validity: The reinstated points are valid for 3 months and expire with the statement cycle date.

• Recommendation: It is advisable to avoid letting points expire and rely on the reinstatement policy.

Travel Updates : Here’s How You Earn KrisFlyer Miles For Your Kids’ Singapore Airlines Flights

Source : 

https://dollarsandsense.sg/earn-krisflyer-miles-for-kids-singapore-airlines/

ChatGPT : 

Once your child turns 2, you can create a KrisFlyer account for them. Under the KrisFlyer for Families program, children can earn miles on paid Singapore Airlines tickets. Parents can link their child’s account to theirs and transfer miles (for a fee: US$5 per 5,000 miles). Each child can transfer up to 50,000 miles per year. KrisFlyer miles expire in 36 months, so timely transfers are key. This lets families maximize rewards from flights they’re already taking.

Rewards Updates : Nerfed: Chocolate Card Drops Earn Rate to 1 Max Mile Per Dollar From 1st July 2025, Adds Bill Payment Limits and Miles Multiplier

Source : 

https://sethisfy.com/chocolate-card-nerf-july-2025/?utm_source=feedly&utm_medium=rss&utm_campaign=chocolate-card-nerf-july-2025

Apple Intelligence : 

• Earn Rate Reduction: Chocolate Card’s earn rate will be reduced to 1 Max Mile per dollar from 1st July 2025.

• Bill Payment Limit: Bill payments will earn a maximum of 100 miles each month.

• Miles Multiplier Programme: Chocolate Finance is introducing a Miles Multiplier programme for users to earn more miles based on their average monthly balance.

• Bill Payment Limit: Limited to 100 miles per month.

• Excluded Merchant Categories: Medical & health, Government services, Utilities, Real estate and property management, Insurance, and Business Services.

• Miles Multiplier Programme: Offers up to 100% more miles based on the average monthly balance in the Chocolate Finance SGD account.

• Miles Earning Rate: Every S$5,000 of balance earns an additional 5% miles, with a maximum of 100% for balances over S$100,000.

• Bill Payment Limit: Bill payments are capped at 100 miles per month.

• Bonus Miles Tier: Maintaining a higher balance earns bonus miles, calculated as a percentage of total miles earned.

• Post-Incident Consumer Behavior: Two main groups emerged: those who stopped using Chocolate entirely and those who remained comfortable with the product.

• Relevance of Funding Chocolate Finance Account: More relevant to those who are undecided about Chocolate, with a more in-depth analysis to come.

• Recommendation: Consider Vanilla Money as an alternative.