Rare American Express Singapore Airlines Transfer Bonus That Earns Elite Status

American Express Membership Rewards is running a 20% transfer bonus into Singapore Airlines. I had to log in to see it, so it may be targeted, but it does seem to be fairly broadly targeted.

Last month Singapore offered up to a 15% bonus on transfers from several partners. However transfer bonuses into Singapore Airlines have been exceptionally rare.

There are two reasons to do this:

There are also reasons not to do this.

  • Transfers that are speculative – you don’t know how you’ll use the points or when – mean giving up the flexibility of being able to move the points somewhere else. There’s huge option value in transferable points you give up when you transfer.

  • Singapore miles expire 3 years after being earned. It’s not 3 years of inactivity in an account – each mile has three years to be used.

  • We’re in uncertain times and while it’s possible for some Americans to travel to Singapore now, it depends on where you were vaccinated whether you can produce the required proof. Much of Asia is not yet open to Americans, though some places like Thailand are with hoops to jump through.

Oddly there’s no published end date for the offer. Bear in mind that transfers generally take 12 hours to 3 days.

(HT: J.J.)

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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  1. Did an AMEX transfer a couple of weeks ago to SQ. Took about 5 minutes for points to appear. Other DPs confirm this is the norm and not the exception.

  2. Just prior to everything shutting down, I transferred points to Singapore for a specific trip. Then boom. I don’t know when travel on Singapore will again be practical. But, in light of the extraordinary circumstances, if Singapore does not extend expiration at all, I think I end up losing those points . . . and I would rule out ever flying on Singapore. KrysSuites be damned.

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