Worth It? Convert DBS Points Via Kris+ And Get 10% Bonus Miles
Until 31st March 2026, convert DBS Points with Kris+ and get 10% bonus miles. Miles can be used for Kris+ purchases or transferred to your KrisFlyer account.
Is it worth it?
Kris+
Use code W159000 for 500 miles!
Kris+ gives bonus 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 9% rebates! See the review here and check out the guide
🎁 New Users
Get 500 KrisPay miles (worth S$5) when you sign up with referral code W159000
💳 May Promo
Get up to 16 miles per dollar (16% rebate) on dining and 7 miles per dollar (7% rebate) on Pelago bookings. New users get half-price deals for May 2026
For reference only; refer to exact details in terms and conditions
Conversions via Kris+ incurs a haircut
For the uninitiated, converting your bank points via Kris+ incurs a 15% haircut, and quick Math would tell us that a 10% boost does not offset the lowered number of miles we’d get.
| Redemption Mode | Rate | Min. Redemption | Fee |
|---|---|---|---|
| DBS Rewards | 1 DBS Point = 2 miles | 5,000 DBS Points per block | S$27.25 |
| Kris+ | 1 DBS Point = 1.7 Miles | 100 DBS Points per block | Free |
| Kris+ (with this promo) | 1 DBS Point = 1.87 Miles | 100 DBS Points per block | Free |
With the promo, the haircut becomes 6.5% instead of the usual 15%.
Small redemptions may make sense
Despite the haircut, there are still good reasons why one might opt for converting their DBS Points through Kris+.
Because conversions via Kris+ are free, it makes more sense to convert a small number of DBS Points through Kris+ than to do it through DBS and pay the conversion fee of S$27.25.
If you value miles at 1.5 cents each, a 6.5% haircut means that you’d “break even” at around 28,000 miles redeemed. This means that if you are redeeming more than 28,000 miles, you should do it via DBS and pay the conversion fee. For redemptions smaller than this 28,000 miles (14,000 DBS Points), you should do it via Kris+, assuming you value miles at 1.5 cents each.
This “break even” number decreases if your valuation of miles increases, and I’ve talked about this in an older article discussing Kris+ conversions.
Given the small redemption blocks and free conversions, those looking to convert a relatively small number of DBS Points may find this promo worth looking at.
Kris+ conversions are instant
Conversions via Kris+ are also instant which makes it useful for those who need their miles quickly, perhaps for things like Spontaneous Escapes.
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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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