Singapore Airlines’ KrisFlyer frequent flyer scheme is a favourite among savvy spenders, particularly for using miles to fly in business class or even first class to Singapore and beyond.
Earning those miles in Australia couldn’t be easier, thanks to a range of KrisFlyer-earning credit cards from banks including American Express Australia, Diners Club, St. George and Westpac. Australian Business Traveller highlights five of your best options, along with what you’ll pay in annual fees.
1. American Express Explorer, Business Explorer cards
Slip a personal American Express Explorer Card or the Business Explorer Card into your wallet to reel in two Membership Rewards Gateway points per dollar spent on most charges, equal to 1.5 KrisFlyer miles. There’s a $395 annual fee to pay, but that’s more than offset by a $400 travel credit for personal cardholders that can be used towards flights and hotels, or a yearly Business Loyalty Bonus equal to 37,500 KrisFlyer miles for eligible business spenders.
Apply for the personal card and spend at least $1,500 within the first three months – or apply for the business card and charge at least $3,000 within the first three months – to earn an added bonus of 100,000 Gateway points: worth 75,000 KrisFlyer miles! Primary cardholders also enjoy two visits to the American Express Sydney Airport Lounge every year, regardless of which airline they’re flying.
2. American Express Business Accelerator Card
If you have an ABN, you could instead pocket up to two Membership Rewards Ascent points per dollar spent on the American Express Business Accelerator Card – equal to two KrisFlyer miles – in return for a $160 annual fee.
After accruing 100,000 points in a single calendar year (from $50,000 in spend), the earning rate decreases to one KrisFlyer mile per dollar on all future transactions, except on insurance, utility and government payments which always earn the equivalent of 0.5 KrisFlyer miles per dollar.
3. American Express Platinum, Business Platinum and Platinum Edge Cards
The personal American Express Platinum Card, American Express Business Platinum Card and the American Express Platinum Edge Card deliver the equivalent of 1 KrisFlyer mile per dollar spent on most everyday charges, but offer double and even triple points with certain businesses, depending on where you spend the most.
Earn 3 KrisFlyer miles per dollar spent at Australian restaurants and 2 KrisFlyer miles per dollar spent with airlines, hotels and when overseas via the AMEX Platinum Card, or 3 KrisFlyer miles per dollar spent at major supermarkets and 2 KrisFlyer miles per dollar spent at major petrol stations through the AMEX Platinum Edge Card.
Business owners can instead earn 2 KrisFlyer miles per dollar on restaurant, airline, hotel, advertising, courier and computer equipment spend via the Business Platinum Card, while all three cards provide 0.5 KrisFlyer miles per dollar spent on government, utility and insurance payments, with the Platinum Card attracting a $1,200 annual fee, the Business Platinum Card a $1,500 annual fee and the Platinum Edge Card a $195 annual fee.
4. Westpac Altitude Black American Express with World Mastercard
Whip out Westpac’s Altitude Black American Express card to earn 2.5 Altitude Rewards points per dollar spent, equal to 1 KrisFlyer mile, or swipe the Altitude Black World Mastercard to net 1.25 Altitude points (0.5 KrisFlyer miles) per dollar spent.
A single $395 annual fee covers both cards – currently reduced to $195 in the first year – with 80,000 bonus Altitude Rewards points (equal to 32,000 KrisFlyer miles) also on the table for eligible new customers who apply by October 26 2017 and spend at least $5,000 on eligible purchases within 90 days of card approval.
5. Diners Club personal charge card with World Mastercard
Diners Club isn’t as widely welcome as American Express, but if you do transact where Diners is accepted, you’ll score two Diners Club Rewards points per dollar spent: equal to 1 KrisFlyer mile (2:1 conversion) via the Diners Club personal charge card with an attached World Mastercard.
When required, that MasterCard also pulls in 0.75 Diners Club Rewards points per dollar charged – equal to 0.375 KrisFlyer miles – while a single $299 annual fee covers both cards.
Honourable mention: St. George Amplify Signature Visa
AMEX and Diners Club cards are naturally your best bets for earning KrisFlyer miles, but for those times where Visa or Mastercard are more welcome, the St. George Amplify Signature Visa is hard to beat: pumping out 0.825 KrisFlyer miles per dollar spent, uncapped.
You'll start by earning 1.5 Amplify points per dollar spent – equal to 0.75 KrisFlyer miles after a 2:1 conversion – but will also pick up a 10% 'birthday bonus' on your yearly points haul every time your birthday month rolls around, giving you an all-out total of 0.825 miles per dollar spent.
Also up for grabs are 60,000 bonus Amplify points (30,000 KrisFlyer miles) when you apply by September 20 2017 and spend at least $3,000 on the card within 90 days of approval, plus 30,000 bonus Amplify points (15,000 KrisFlyer miles) in the second year when you pay the $279 annual card fee once more.