Nerfed: Singapore Airlines KrisFlyer Announces Devaluation From 1st November 2025, Rates Hiked By Around 6%

Singapore Airlines has announced a devaluation to its KrisFlyer miles starting from 1st November 2025. Depending on destination and cabin class, Saver redemption rates are seeing an average increase of about 5% to 6% for many destinations, with a few getting an increase of as much as 20%. At the same time, some destinations have even become cheaper in Economy, going down by about 4% to 6% or so.

Here are the changes and some things we can do in light of the devaluation.

Saver Rates

Here are the changes in Saver rates for destinations leaving Singapore:

Destination	Class	Old	New	% Change
Zone 2 – Malaysia, Brunei, Indonesia	Economy	8,500	8,000	-5.88%
	Premium Economy	–	–	–
	Business	21,000	22,000	+4.76%
	First Class	30,500	32,000	+4.92%
Zone 3 – Philippines, Thailand, Vietnam, Cambodia, Myanmar, Laos	Economy	13,500	13,000	-3.70%
	Premium Economy	–	–	–
	Business	24,000	25,000	+4.17%
	First Class	36,000	38,000	+5.56%
Zone 4 – South China, Hong Kong, Taiwan	Economy	16,500	15,500	-6.06%
	Premium Economy	26,500	28,000	+5.66%
	Business	34,000	35,500	+4.41%
	First Class	45,000	47,500	+5.56%
Zone 5 – Beijing and Shanghai	Economy	21,500	20,500	-4.65%
	Premium Economy	34,500	36,000	+4.35%
	Business	43,000	45,000	+4.65%
	First Class	58,500	61,500	+5.13%
Zone 6 – India, Sri Lanka, Maldives, Bangladesh	Economy	20,000	19,000	-5.00%
	Premium Economy	34,500	36,000	+4.35%
	Business	43,000	45,000	+4.65%
	First Class	58,500	61,500	+5.13%
Zone 7 – Japan & South Korea	Economy	27,000	25,500	-5.56%
	Premium Economy	37,500	39,500	+5.33%
	Business	52,000	54,500	+4.81%
	First Class	77,000	81,000	+5.19%
Zone 8 – Perth & Darwin	Economy	21,500	20,500	-4.65%
	Premium Economy	–	–	–
	Business	40,500	42,500	+4.94%
	First Class	57,500	60,500	+5.22%
Zone 9 – Rest of Australia & New Zealand	Economy	30,500	29,000	-4.92%
	Premium Economy	51,000	53,500	+4.90%
	Business	68,500	72,000	+5.11%
	First Class	93,500	98,000	+4.81%
Zone 10 – Africa, Middle East, Turkey	Economy	29,000	32,000	+10.34%
	Premium Economy	43,000	51,500	+19.77%
	Business	56,500	68,000	+20.35%
	First Class	86,500	95,000	+9.83%
Zone 11 – Europe	Economy	42,000	44,000	+4.76%
	Premium Economy	71,000	74,500	+4.93%
	Business	103,500	108,500	+4.83%
	First Class	141,000	148,000	+4.96%
Zone 12 – USA (West Coast)	Economy	42,000	44,000	+4.76%
	Premium Economy	75,000	79,000	+5.33%
	Business	107,000	112,500	+5.14%
	First Class	146,500	154,000	+5.12%
Zone 13 – USA (East Coast)	Economy	44,000	46,000	+4.55%
	Premium Economy	80,500	84,500	+4.97%
	Business	111,500	117,000	+4.93%
	First Class	148,500	156,000	+5.05%

Biggest increases hit Africa, Middle East, and Turkey

Cabin Class	Average % Change
Economy	-1.33%
Premium Economy	+6.62%
Business	+6.06%
First Class	+5.54%

On average, Economy destinations have actually decreased in cost for nearby destinations, though prices have gone up for Zones 10 to 13 regardless of cabin class.

Also, while most of the rates have gone up by about 5% or so on average, the largest hikes are happening to Zone 10 comprising Africa, Middle East, and Turkey which see rates going up by about 20% for Premium Economy and Business Class, and around 10% for Economy and First Class.

Book and get ticketed by 31st October 2025 to enjoy current rates

Since the change takes effect on 1st November 2025, there is a window until then to book and enjoy the current rates. Tickets must be confirmed before then, which means that if you waitlist for a flight and the waitlist clears from 1st November 2025 onwards, the new rates will be charged.

For flights successfully booked before 1st November 2025, you can also make date changes to it subsequently without having to pay the new rates. This means that it is possible to preemptively book a flight under the current rates, then subsequently change it (by paying a change fee) when your schedule becomes clearer to save on your miles.

You can book up to 355 days in advance, with new seats released every 8AM each day.

Spontaneous Escapes lessens the sting

Those, like me, who have enjoyed using Spontaneous Escapes to book their trips, can probably shrug this devaluation off. Longer haul destinations don’t feature as much in Spontaneous Escapes anyway and the price hikes for nearby destinations aren’t terrible, with Economy Class flights even going down in rates.

For instance, going to Hong Kong via Business Class currently costs 34,000 miles, which is 23,800 miles if booked via Spontaneous Escapes. It will cost 35,500 miles after the devaluation takes effect, or 24,850 miles with 30% discount. It’s pricier by 1,050 miles each way, but it hardly breaks the bank.

Alternate frequent flyer programmes exist

Devaluations like this highlight the versatility of not sticking to just one frequent flyer programme. Using EVA Air’s Infinity MileageLand, for instance, can get certain destinations for much fewer miles even when flying on a Singapore Airlines flight.

No frequent flyer programme is immune to devaluations, of course, but until that happens, the savings for using EVA Air miles to book certain Singapore Airlines flights will increase from 1st November 2025 (new rates in parentheses):

Destination	Using KrisFlyer Miles	Using IML Miles	Savings
Japan / Korea	52,000 miles (54,500 miles)	40,000 miles	~23% (~26.6%)
Europe	103,500 miles (108,500 miles)	80,000 miles	~22.7% (~26.3%)
USA	107,000 to 111,500 miles (112,500 to 117,000 miles)	97,500 miles	~8.9% to 12.5% (~13.3% to 16.7%)

I have an upcoming piece on exploring more ways to make use of your miles for cheaper flights soon, so stay subscribed for updates.

Award Charts

You can view the full award charts from Singapore Airlines below:

• Current Award Chart (before 1st November 2025)
• New Award Chart (from 1st November 2025)

Pretty mild, actually

This devaluation comes more than 3 years after the one in 2022 and given the relatively long time, I was fearing the worst. Miles have seemingly become very popular among Singaporeans in recent years, so it is a pleasant surprise that the devaluation this time is tamer than expected.

Those who have intention to travel to further places, particularly Africa, Middle East and Turkey should definitely take this window of time to firm up their bookings to avoid the 10% to 20% hikes in rates.

Personally, I’d be looking to book a trip or two before the devaluation kicks in and continue to take advantage of Spontaneous Escapes with my KrisFlyer miles. Most of my bank points, however, would be reserved for other airlines where I can get better value. I will explore this in an upcoming piece so stay subscribed for updates.

Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.

He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.

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