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Is Journey Hacking Lifeless? Here is 3 Causes Why Incomes Air Miles Is Nonetheless A Nice Concept | Turtle Investor Get hold of US

Regardless of the endless devaluation of air miles and the cessation of the US$100 KrisFlyer enterprise class flights hack, I’ve by no means stopped my ardour for journey hacking and accumulating air miles. Listed below are my 3 evergreen the explanation why incomes air miles will all the time be a terrific thought.

If my reminiscence serves me proper, it has been round 6 years since I began accumulating air miles from bills which might be paid for utilizing my bank cards.

The extraordinary rivalry between the air miles camp and the cashback camp won’t ever finish, and it doesn’t need to.

Everybody has a distinct perspective on the subject of the worth of journey and tackles a distinct set of circumstances when it comes to how a lot we truly spend each month.

I’ve household and buddies who infrequently journey and see it as a problem.

Then again, I additionally know individuals who journey so continuously that they in all probability spend extra time abroad than in Singapore.

To me, getting money again or rebates on bank card spend is a really sensible and tangible technique; there may be nothing “unsuitable” with it.

It’s only a matter of non-public desire that I’d nonetheless proceed to gather air miles, and I’ll clarify the three major the explanation why I do it.

Cause 1. Peak Season Flights Value The Similar Quantity Of Factors

Journey is a really seasonal exercise, and everybody is aware of that there are peak journey durations yearly.

The primary rule that I all the time attempt to adhere to is to keep away from public holidays (in each Singapore in addition to within the vacation spot nation) in addition to faculty holidays.

Other than with the ability to keep away from the loopy crowd, we will additionally keep away from the typically loopy spikes within the costs of air tickets and lodging.

Let me quote a easy instance for example this.

My mum might be flying a red-eye Scoot flight to Taiwan on the finish of the yr, and it prices an eye-watering S$900 for the return journey on the price range airline.

For the return leg again to Singapore, the flight is within the night and can land after midnight, which provides further transportation prices to the journey.

Looks like a price range service isn’t that nice for price range nowadays, particularly when travelling throughout peak season.

Moreover, such a journey itinerary might be nice for youthful individuals who can maximise the period of time within the vacation spot nation (I attempted that earlier than, and it was exhausting), however it’s tremendous tiring for extra aged people.

I perceive that typically, it simply isn’t potential to keep away from peak journey durations so as to accommodate everybody’s schedule, which is why air miles are excellent for this example.

The superior factor about utilizing air miles to redeem for award flights is that it doesn’t matter once we are flying.

So long as there may be availability, every flight will all the time price the identical variety of factors.

All we have to do is to make it possible for we ebook forward of time for simple availability.

Going again to the identical instance I quoted earlier, let’s see how a lot wouldn’t it price for a Singapore Airways round-trip redemption utilizing KrisFlyer miles.

You’ll be able to see the screenshot of the Singapore Airlines Saver Awards redemption chart beneath.

One aspect of travel hacking is to earn a lot of air miles so that we can redeem them for free flight. In this instance, we can refer to the Singapore Airlines KrisFlyer redemption chart to know who many miles are required to redeem to a flight.
Singapore Airways Saver Awards Redemption

To redeem a one-way flight from Singapore (Zone 1) to Taiwan (Zone 4), a Saver Award economy-class flight would require 16,500 KrisFlyer miles.

A return journey will price a complete of 33,000 KrisFlyer miles, and we’ll get the next:

  • Full-service flight inclusive of meals and drinks
  • Higher departure and arrival occasions (not as tiring)
  • Extra legroom (extra snug)

For now, let’s ignore the assorted permutations for calculating the worth of a single air mile and go along with in all probability the worst choice of all of them.

And that’s to “purchase” air miles by paying the bank card annual charge.

For widespread common spend bank cards such because the Citi Premiermiles Card or the DBS Altitude Card, we are going to obtain a renewal bonus of 10,000 miles (5,000 DBS Factors or 10,000 Citi miles) when the annual charge of S$194.40 (inclusive of GST) is paid.

If we had been to require 33,000 KrisFlyer miles, that is the equal of 33,000 divided by 10,000 multiplied by S$194.40, which involves a complete of S$641.52.

Because of this even when “shopping for” air miles from banks, we’re probably getting a somewhat whole lot for peak-season journey even after taking into account the redemption charges in addition to airport taxes.

The entire quantity is unquestionably below $900, that’s for positive.

And don’t neglect, we might be flying on Singapore Airways as an alternative of Scoot.

Redeemed flights all the time price the identical variety of air miles whatever the dates we fly, so long as there may be availability.

Cause 2. Many Routes Nonetheless Present Distinctive Worth

Many individuals have lamented that since it’s now not potential to reap the benefits of the KrisFlyer US$100 enterprise class flight loophole, they discover it too “costly” to avoid wasting and redeem for one-way Saver Award enterprise class flights.

For now, let’s not even take into account business-class flights.

Having began with the instance that I discussed within the earlier part, maybe I’ll proceed to make use of the identical instance as a result of the Singapore-Taipei route is one which I discover to be fairly respectable worth.

Economic system-class Saver Award one-way flight to Taiwan from Singapore prices 16,500 miles (4.5-hour flight).

Compared to some widespread routes, the identical redemption from Singapore to Bangkok prices 13,500 miles (2.5-hour flight), whereas Kuala Lumpur would price 8,500 miles (1-hour flight).

Route
One-way
Flight
Period
Miles
Required
1.944 Cents
Per Mile
SIN-TPE4.5 Hours16,500$320.76
SIN-BKK2.5 Hours13,500$262.44
SIN-KUL1 Hour8,500$165.24
Assuming we pay S$194.40 to obtain the bank card renewal bonus of 10,000 air miles

See the issue there?

Flying out of Changi Airport is nice even with price range flights, so consolation stage is already maximised.

It’s the arrival nation that’s the subject. We nonetheless have to attend to clear immigration regardless, plus if we’ve checked baggage, then that’s one other spherical of ready.

The difficulty is exacerbated by the truth that for brief flights, I truly don’t actually care a lot about consolation as a result of the flight might be over by the point I end a film or full some work on my laptop computer.

The longer flights are once I would prioritize consolation, which is why I take into account SIN-TPE to be a favorite of mine.

Particularly once we take into account that the price of a return ticket on Singapore Airways for SIN-TPE would normally vary from $500 to $1200, I believe that it’s a fairly OK worth.

There are positively extra gems like this when you look fastidiously on the KrisFlyer redemption chart.

And don’t neglect, that is only a primer for better issues.

One more reason why I’ve used this instance is that the majority banks have pretty restricted switch companions for his or her bank card reward factors, and KrisFlyer would all the time be one of many switch companions for the Singaporean market.

Nevertheless, if we take a look at Citibank, the hyperlink of switch companions balloons to 10 completely different airways, together with the likes of Qatar Airways in addition to EVA Air Infinity MileageLands (which has some very engaging redemptions).

Loads of flights throughout completely different switch companions nonetheless proceed to supply excellent worth for our air miles.

Cause 3. Elevated Flexibility For Journey Plans

The choice of redeeming flights utilizing air miles gives you with an extra layer of flexibility in journey planning.

Though data from this CNBC article might counsel that the phenomenon of revenge journey could also be ending quickly, such a scenario is precisely why it’s so tough to precisely quantify the true worth of air miles.

When a lot of world journey began opening up a a breakneck tempo in 2022, airways which have grounded their planes in the course of the pandemic discovered it tough to instantaneously ramp up their operations to satisfy the hovering pent-up demand for journey.

Consequently, the costs for some flight routes spiked regardless of being actually low cost and reasonably priced previously.

I do know it too effectively as a result of I spent 50 days abroad within the final 12 months taking a dozen flights.

With obtainable however expiring air miles, I used to be capable of put collectively itineraries that embrace redemptions for business-class flights and economy-class flights, in addition to cash-only price range flights.

I used to be very happy to combine and match them so long as they offered me with probably the most worth with probably the most preferrred flight timings.

For flights with outrageous costs, I’d merely substitute them with redemptions. In addition to, I had some KrisFlyer miles in my account that had been on the verge of expiry after 2 years of inactivity.

I do not forget that Da Nang return flights out of Singapore in the summertime had been going for $600 on VietJet, a price range airline.

That journey to Vietnam would have burned a gap in my pocket!

With out the air miles choice, I’d think about my flights would have ended up costing much more than what I used to be keen to pay.

Journey Hacking Is Lifeless. Lengthy Stay Journey Hacking!

It has been 6 years since I began my journey within the realm of journey hacking.

Within the course of, I’ve earned greater than half one million air miles and flown to quite a few locations on each enterprise class and economic system class flights.

On a Singapore AIrlines flight from Taipei to Singapore, we checked out the dinner menu on what was served in Business Class.
Singapore Airways Enterprise Class: Flying From Taipei To Singapore

For positive, quite a bit has modified within the air miles scene.

However on the similar time, I noticed that numerous issues haven’t actually modified a lot in any respect.

Methods have come and gone, and but it’s nonetheless potential to earn 4 miles per greenback spent on nearly most issues by way of contactless or on-line funds.

The cost panorama has matured significantly, with a higher-than-ever acceptance price for bank card funds.

And this solely signifies that incomes bank card reward factors is less complicated than ever with minimal effort.

Are you continue to accumulating air miles? The place are you travelling to together with your subsequent free flight? Let me know within the remark beneath.

Air Miles Sources

Study how one can begin incomes air miles at this time:

Listed below are extra air miles redemption guides that will help you out:

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