KrisFlyer Devaluation Analysis: How Bad Is It? What To Do Now?

UPDATE: KrisFlyer’s new Saver, Advantage and Access award rates are live as of 1 Nov 2025. View and compare the new KrisFlyer award charts in one easy-to-read table.

Singapore Airlines KrisFlyer devaluation has been announced, and we’re seeing up to a 20% increase in award redemption rates for Singapore Airlines flights.

This devaluation comes just over 3 years after the previous round in 2022.

At a Glance: KrisFlyer Devaluation 2025

From 1 Nov 2025, KrisFlyer members will require more miles for Singapore Airlines award redemptions to all destinations, in all cabin classes, except for Economy Class to/from nearby regions.

Most regions see a minor award rate increment of about 5% in Business Class (Saver), while Istanbul, a hot KrisFlyer sweet spot, sees the biggest hike of 20%.

Complete your award bookings by 31 Oct 2025 to lock in pre-devaluation rates.

The Star Alliance award chart has been devalued too, but these award rates were already sky-high with fuel surcharges chargeable. KrisFlyer miles remain poor for redemptions on other airlines.

KrisFlyer Access award option introduced; expect greater award availability but much-higher award rates.

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KrisFlyer Award Charts After Devaluation

KrisFlyer has 2 award charts for miles redemptions on Singapore Airlines-operated flights:

  1. Saver
    Lower award rates, more ticket restriction, fewer seats released per flight, best value
  2. Advantage
    Higher award rates, better ticket flexibility, more seats released per flight, worse value
KrisFlyer Devaluation for Singapore Airlines flight miles redemption
Photo: Singapore Airlines
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KrisFlyer Saver award chart changes

Here’s how KrisFlyer’s Saver award chart for Singapore Airlines flights are changing after the devaluation on 1 Nov 2025:

Zone 1:
Singapore to/from
EconomyPremium
Economy
BusinessFirst
Zone 2
Malaysia,
Indonesia, Brunei
8.5k
8k
↓ 5.9%
21k
22k
↑ 4.8%
30.5k
32k
↑ 4.9%
Zone 3
Philippines,
Thailand, Vietnam,
Myanmar, Cambodia
13.5k
13k
↓ 3.7%
24k
25k
↑ 4.2%
36k
38k
↑ 5.6%
Zone 4
South China,
Hong Kong, Taiwan
16.5k
15.5k
↓ 6.1%
26.5k
28k
↑ 5.7%
34k
35.5k
↑ 4.4%
45k
47.5k
↑ 5.6%
Zone 5
Beijing, Shanghai
21.5k
20.5k
↓ 4.7%
34.5k
36k
↑ 4.3%
43k
45k
↑ 4.7%
58.5k
61.5k
↑ 5.1%
Zone 6
India, Sri Lanka,
Maldives,
Bangladesh
20k
19k
↓ 5.0%
34.5k
36k
↑ 4.3%
43k
45k
↑ 4.7%
58.5k
61.5k
↑ 5.1%
Zone 7
Japan,
South Korea
27k
25.5k
↓ 5.6%
37.5k
39.5k
↑ 5.3%
52k
54.5k
↑ 4.8%
77k
81k
↑ 5.2%
Zone 8
Australia
(Perth, Darwin)
21.5k
20.5k
↓ 4.7%
40.5k
42.5k
↑ 4.9%
57.5k
60.5k
↑ 5.2%
Zone 9
Australia (Others),
New Zealand
30.5k
29k
↓ 4.9%
51k
53.5k
↑ 4.9%
68.5k
72k
↑ 5.1%
93.5k
98k
↑ 4.8%
Zone 10
Africa,
Middle East,
Turkey
29k
32k
↑ 10.3%
43k
51.5k
↑ 19.8%
56.5k
68k
↑ 20.4%
86.5k
95k
↑ 9.8%
Zone 11
Europe
42k
44k
↑ 4.8%
71k
74.5k
↑ 4.9%
103.5k
108.5k
↑ 4.8%
141k
148k
↑ 5.0%
Zone 12
USA
(West Coast)
42k
44k
↑ 4.8%
75k
79k
↑ 5.3%
107k
112.5k
↑ 5.1%
146.5k
154k
↑ 5.1%
Zone 13
USA
(East Coast)
44k
46k
↑ 4.5%
80.5k
84.5k
↑ 5.0%
111.5k
117k
↑ 4.9%
148.5k
156k
↑ 5.0%
Best ways to redeem KrisFlyer miles
Singapore Airlines Airbus A380 Business Class (read my review)

KrisFlyer Advantage award chart changes

Here’s how KrisFlyer’s Advantage award chart for Singapore Airlines flights are changing after the devaluation on 1 Nov 2025:

Note: There is no Advantage award rates for the Premium Economy Class.

Zone 1:
Singapore to/from
EconomyBusinessFirst
Zone 2
Malaysia,
Indonesia, Brunei
15k
16.5k
↑ 10.0%
35k
40.5k
↑ 15.7%
52.5k
60.5k
↑ 15.2%
Zone 3
Philippines,
Thailand, Vietnam,
Myanmar, Cambodia
25k
27.5k
↑ 10.0%
40k
46k
↑ 15.0%
62.5k
72k
↑ 15.2%
Zone 4
South China,
Hong Kong, Taiwan
30k
33k
↑ 10.0%
50k
57.5k
↑ 15.0%
75k
84k
↑ 12.0%
Zone 5
Beijing, Shanghai
40k
44k
↑ 10.0%
65k
75k
↑ 15.4%
98k
112.5k
↑ 14.8%
Zone 6
India, Sri Lanka,
Maldives,
Bangladesh
37k
40.5k
↑ 9.5%
65k
75k
↑ 15.4%
98k
112.5k
↑ 14.8%
Zone 7
Japan,
South Korea
45k
49.5k
↑ 10.0%
70k
80.5k
↑ 15.0%
120k
138k
↑ 15.0%
Zone 8
Australia
(Perth, Darwin)
37k
40.5k
↑ 9.5%
62k
75k
↑ 21.0%
99.5k
114.5k
↑ 15.1%
Zone 9
Australia (Others),
New Zealand
55k
60.5k
↑ 10.0%
90k
103.5k
↑ 15.0%
135k
178.5k
↑ 32.2%
Zone 10
Africa,
Middle East,
Turkey
55k
66.5k
↑ 20.9%
103.5k
122k
↑ 17.9%
148.5k
171k
↑ 15.2%
Zone 11
Europe
70k
79k
↑ 12.9%
123k
141.5k
↑ 15.0%
223.5k
259.5k
↑ 16.1%
Zone 12
USA
(West Coast)
70k
79k
↑ 12.9%
128.5k
148k
↑ 15.2%
228k
262k
↑ 14.9%
Zone 13
USA
(East Coast)
75k
84.5k
↑ 12.7%
143.5k
165k
↑ 15.0%
243k
279.5k
↑ 15.0%
singapore airlines premium economy class seats spontaneous escapes
Singapore Airlines Premium Economy Bulkhead seat (read my review)

When will the KrisFlyer devaluation take place?

The new award charts will come into effect for bookings made from 12am SGT, 1 November 2025.

The 2-month grace period allows KrisFlyer members to lock in the pre-devaluation award rates until 31 October 2025. With KrisFlyer award seats releasing 355 days in advance, members can enjoy the current rates for travels up till October 2026.

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How will waitlist bookings be affected?

Waitlist bookings that are cleared by 31 October 2025 will be charged the pre-devaluation award rates, while those that clear from 1 November 2025 will see the new award rates.

singapore airlines business class seat spontaneous escapes
Singapore Airlines Boeing 777 Business Class Bulkhead seat (read my review)
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KrisFlyer Access: Dynamic Award Pricing

While it’s great that KrisFlyer still has an award chart after this devaluation, they’ve also introduced the dreaded dynamic pricing through KrisFlyer Access from 1 Nov 2025, where award rates depend on the number of seats available at the time of booking.

As the methodology is not made transparent, KrisFlyer will likely show any award rate they deem fit, potentially rising until the last seat is sold.

Unless if you’re earning free miles on your company’s expenses, there’s nothing fun about getting into the Miles Game (and spending loads of time and effort choosing and tracking the best Miles cards), just to “throw away” 500k miles on a Business Class seat. There’s no question that this is the worst part of this devaluation announcement, as it’s a giant hint about the direction KrisFlyer is heading as a frequent flyer program.

I expect to see award rates pushing towards 1 million miles per seat in the coming years, like what we’re already seeing with many airline/hotel loyalty programs like Flying Blue, SkyMiles, Hilton Honors and Marriott Bonvoy.

Singapore Airlines has prepared the following frequently asked questions on KrisFlyer Access:

FAQs-IntroductionofAccessRedemption

How bad is this KrisFlyer devaluation?

Naturally, I expect Singapore-based travel hackers to have their eyes on the KrisFlyer sweet spots, where KrisFlyer is stronger than other frequent flyer programs. These are Business Class Saver flights to/from Istanbul, Australia, New Zealand, North China, South Asia and North America.

Related: Best ways to redeem KrisFlyer miles

Most of these regions are hit with a minor ~5% award rate increment, except for Istanbul (Zone 10), which will cost about 20% more miles from November 2025.

Here’s a quick look at how the Business Class sweet spots are affected:

Zone 5: Beijing, Shanghai

  • Old Rate: 43,000 miles
  • New Rate: 45,000 miles
  • Increase: +2,000 miles (+4.7%)

Zone 6: India, Sri Lanka, Maldives, Bangladesh

  • Old Rate: 43,000 miles
  • New Rate: 45,000 miles
  • Increase: +2,000 miles (+4.7%)

Zone 8: Australia (Perth, Darwin)

  • Old Rate: 40,500 miles
  • New Rate: 42,500 miles
  • Increase: +2,000 miles (+4.9%)

Zone 9: Australia (Others), New Zealand

  • Old Rate: 68,500 miles
  • New Rate: 72,000 miles
  • Increase: +3,500 miles (+5.1%)

Zone 10: Africa, Middle East, Turkey

  • Old Rate: 56,500 miles
  • New Rate: 68,000 miles
  • Increase: +11,500 miles (+20.4%)

Zone 12: USA (West Coast)

  • Old Rate: 107,000 miles
  • New Rate: 112,500 miles
  • Increase: +5,500 miles (+5.1%)

Zone 13: USA (East Coast)

  • Old Rate: 111,500 miles
  • New Rate: 117,000 miles
  • Increase: +5,500 miles (+4.9%)

Bad redemptions are getting worse, but…who cares?

KrisFlyer miles redemptions to Japan, South Korea and Europe offer poor value, as other frequent flyer programs provide far better award rates and taxes/fees combinations, even for flights operated by Singapore Airlines!

✈️ Cheapest ways to fly to Japan, South Korea using Miles

✈️ Cheapest ways to fly to Europe using Miles

These regions will also see a minor award rate increase of around 5%, and can be a decent redemption during a KrisFlyer Spontaneous Escapes promo, when award rates are typically discounted by 30%.

Zone 7: Japan, South Korea

  • Old Rate: 52,000 miles
  • New Rate: 54,500 miles
  • Increase: +2,500 miles (+4.8%)

Zone 11: Europe

  • Old Rate: 103,500 miles
  • New Rate: 108,500 miles
  • Increase: +5,000 miles (+4.8%)
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What should you do now?

As mentioned above, the new award rates are only applicable for bookings made from 1 Nov 2025. This gives you about 2 months to complete an award booking with your KrisFlyer miles at the current rates.

As KrisFlyer releases award seats up to 355 days in advance, members have the opportunity to lock in travels as far ahead as Oct 2026 at the current rates; best if you have KrisFlyer sweet spots on your radar. Just remember to book by 31 Oct 2025!

Travellers should also expect award availability for popular routes to be snapped up fast in the coming weeks, so start planning if you’re sitting on a lot of KrisFlyer miles.

Related: Singapore Airlines & KrisFlyer Tips, Tricks and Secrets

As with most things in life, it’s not a good idea to put all your eggs in one basket. As shared in Suitesmile’s beginner’s guide to the Miles Game, KrisFlyer is not the only good frequent flyer program for Singapore-based travellers. If you haven’t already, perhaps it’s a good time to find out more about other FFPs.

P.S. I’ve also shared some thoughts on this KrisFlyer devaluation in this article by The Straits Times

Related: My Low-Stress Miles & Credit Card Strategy

As a reminder, maintain good “Miles Game” habits:

  • Prioritize credit cards with more transfer partners (better award availability)
  • Prioritize credit cards with longer expiry terms
  • Don’t be blinded by Miles (especially when a superior cashback card fits your spending pattern)
  • Keep Miles/Points card-side for as long as you can
  • Keep track of your credit cards and their anniversary dates (use our free Google Sheet template if you need one)

💳 Best Miles Credit Cards in Singapore (4 mpd earn rates)

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Official KrisFlyer award charts

Here’s the official PDF of KrisFlyer’s new award charts (Saver and Advantage) for Singapore Airlines flights:

SingaporeAirlinesOne-WayAdvantageSaverAwardChartupdated1Nov25-

Here’s the official PDF of KrisFlyer’s new award chart for flights operated by Star Alliance airlines:

StarAllianceRound-TripAwardChartupdated1Nov25

Frequently Asked Questions

Singapore Airlines has prepared the following set of frequently asked questions (FAQs) regarding this KrisFlyer devaluation.

AdjustmentstoAwardRatesForFlightRedemptionsandUpgrades
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Fai

Founder & Writer at Suitesmile

Suites and miles make me smile :)

Fai has been travel hacking for over a decade, visiting 50+ countries through high-value redemptions of miles and points and helping readers save thousands on travel, including in Business and First Class flights and luxury hotels. As a recognized expert, his insights have been featured in major media publications like Channel News Asia and The Straits Times.

All reviews and recommendations come from Fai's own credit card use, travels and research, with rare sponsored articles clearly disclosed.

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