Back: Kris+ Spend and Win Promo Until 15th January (20 to 40% Rebate?!)
That was quick – the last spend and win promo ended only 18th December 2022, but we already have a new one until 15th January. From now until 15th January 2023, when you spend at least S$10 in a single transaction, you get a sure-win S$1 to S$20 prize in the form of Krispay miles.
Remember to enter code
Get S$5 when you sign up with referral code
Get S$15 rebate with a single S$50 spend with a Mastercard debit/credit card. Until 31st May 2023
Gives miles on top of your usual card rewards! Not a miles person? The miles can also be used as cashback. Get as much as additional 9 miles or 6% cashback! See the review here and check out the guide
Update: eagle-eyed reader from the chat group has spotted a clause in the terms and conditions that disallows the splitting of transactions, so do so at your own risk.
As I mentioned in my Kris+ guide, it is possible to split your transactions into multiple S$10 transactions subject to the cashier’s approval. This is advantageous because instead of getting one spin for a S$100 transaction to get between S$1 to S$20, you can now get 10 spins for a reward between S$10 to S$200. This is a guaranteed 10% rebate on top of the Kris+ miles and credit card rewards.
Based on my own experience with 42 spins across 3 different merchants in December’s promo, here are the miles I got:
|Number of Spins||Miles|
|Total||12,000 miles (S$80)|
|Average||285 miles ($1.90) per spin|
It’s quite tilted towards S$2 per spin which is a staggering 20% rebate, and at least one user from the Telegram group can corroborate this.
I do feel a tinge of regret for sharing this tip because it does create some trouble for the cashier; while they do not need to do anything while you scan and pay via Kris+, the payment process does take significantly longer as a result. Between the tapping, loading, and entering of amounts, I find that 3 transactions take about a minute to complete. Do be considerate and mindful when using this “hack” of sorts, and I fully expect Kris+ to close this eventually.
I wonder if Singapore Air has seen my video, and whether they care:
Don’t use your Krispay miles yet
While the normal miles you earn via Kris+ payments can be transferred to your KrisFlyer (and you should), bonus miles from promos like this can only be used to offset your Kris+ payments.
You shouldn’t rush to use your Krispay miles yet. This is because Kris+ often has milesback campaigns which dramatically increases the value of your Kris+ miles. Instead of the usual 0.667 cents each, milesback campaigns have boosted the value to as high as 1.11 cents before.
The 12,000 miles I clocked from my transactions can be worth as much as S$133 instead of the S$80 it normally is. It was already a 19% bonus rebate, and it can potentially grow into 31.6%. And that’s on top of the bonus miles Kris+ offers and the card rewards I got from my credit card. Do you see why it was my pick for Wallet App of the Year yet?
Of course, you should definitely redeem Krispay miles that are expiring, but given their six-month shelf life you should be able to bump into at least one milesback campaign. Subscribe to the Telegram to stay informed of such great promos.
I have been talking a lot about Kris+ recently, and for good reason since it continues to offer great value to users. You should read my guide if you want to find out more on how to maximise Kris+, and do use my promo code above to sign up for Kris+ if you wish to keep this site going. Thanks!
Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.
Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!
Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!
Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).