How many KrisFlyer miles can I collect?

 

You can now start collecting Singapore Airlines KrisFlyer miles every time you spend abroad using your Currensea card. Currensea will convert your savings (vs. the main high-street banks) to miles every time you spend. If you select to contribute 100% of savings this will result in you collecting on average 2 miles for every £1 spent.

 

The below chart shows an example of exactly how many KrisFlyer miles you can collect, depending on what percentage of your savings you decide to contribute, and under what circumstance. 

 

KrisFlyer_Desktop_header_1x

So, how many KrisFlyer miles will I earn with Currensea?

So, how many KrisFlyer miles will I earn with Currensea?

 

Interbank rate

Example based on the GBPSGD interbank rate sampled on Jul 21st 2021.

 

Card charges 

Average High street bank charges are based on debit card fees from a panel of banks using their standard current accounts. In addition to these charges, we have included the card scheme premium above the interbank rate. To quantify this premium, we have taken the difference between the daily card scheme benchmark rate and the average interbank rate where the average is defined as the mean of the high and low rates for the day. GBPUSD has been used as a representative sample for the scheme. From August 19 to end Jan 20, the average premium equated to 0.5%.


Amex changes are based on published card fees of 2.99%. In addition to these charges, we have included the scheme premium above the interbank rate. To quantify this premium, we have taken the difference between the daily card scheme benchmark rate and the average interbank rate where the average is defined as the mean of the high and low rates for the day. GBPUSD has been used as a representative sample for the scheme. From August 19 to end Jan 20, the average premium equated to 0.49%.