Ping An has finally launched a new points transfer promotion, and this time Singapore Airlines KrisFlyer is in the spotlight!
- Offer valid until 8 December
- Get a 30% bonus on points transfers, credited within three working days
- Transfer at least 40,000 miles in total to earn an additional 10% bonus, credited within six weeks
- Maximum bonus per person: 40,000 miles
- Total promotion pool: 2 million miles. The offer may end early once the allocation is exhausted, with advance notice
In other words, the optimal strategy is to transfer 100,000 miles to maximise the 40,000-mile bonus.
The transfer ratio from Ping An to Singapore Airlines is 68:1, with an additional 10% transfer fee. Based on a Taobao price of RMB 960 for a 500,000-point voucher, the effective cost works out at approximately 1.18 per mile, which is pretty attractive price for Singapore Airlines.
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