Is your business raking in PayPoints through Soon, you’ll be able to fly further with Singapore Airlines KrisFlyer coming onboard as a transfer partner of PayRewards. KrisFlyer is one of our favourite Star Alliance frequent flyer programs, with great-value premium flight redemptions.

From 2 March 2022, you’ll be able to swap 2.5 PayPoints for 1 KrisFlyer mile. This is in line with PayRewards’ other partner – Qantas Business Rewards, which transfers to Qantas Points at the same rate.

Transfer your PayPoints to Singapore Airlines KrisFlyer.

Disclaimer: Point Hacks is affiliated with

Why KrisFlyer is a great partner for PayRewards

With a region-based award chart, KrisFlyer can often get you further with fewer miles and taxes. Take a typical Sydney-Singapore-London reward booking in Business Class.

With Singapore Airlines, that redemption costs 116,000 miles + $125 in taxes and surcharges. Plus, availability in Business Class is quite plentiful. Due to lower mileage costs and surcharges, you could save a stack of PayPoints now that Singapore Airlines is in the mix.

And if 2022 has you planning to fly even further, you can travel around the world in Business Class for only 240,000 KrisFlyer miles. Another option is to extend your one-way or return trip further with free stopovers.

Ad – Scroll down to continue reading.Minimum spend, terms & conditions apply.

How do I earn PayPoints?

Once your business is signed up with, you can start earning PayPoints in the PayRewards loyalty program. This comes as an additional percentage fee on top of your payment processing fee.

The highest level, VIP Premier, nets you 2 PayPoints per dollar processed. It comes at a fee of 1.8% (ex-GST) on top of your usual processing fee.

If you pay your bills through via a bank transfer (which doesn’t normally earn points), you can still opt for a PayRewards VIP or VIP Premier tier to earn PayPoints instead.

No tier selectedVIPVIP Premier
No PayPoints earned1 PayPoint per $12 PayPoints per $1
No cost1.0% ex GST on top of your Pay processing fee*1.8% ex GST on top of your Pay processing fee*
* processing fees based on your selected Pay plan (Free, Regular or Premier). Fee may be tax-deductible.

For example, let’s break this down for an upcoming AU$121,000 payment.

Example transaction with PayPoints

Firstly, you’ll earn points on your rewards credit card through (that’s the whole point, after all). Say you hold the American Express Platinum card. Your Amex transaction fee will depend on which plan you choose. On a Premium plan, that’s 1.9% (ex-GST), or $2,299.

With this Amex card, you’ll earn 272,250 Membership Rewards points which can convert to 136,125 KrisFlyer miles.

And if you opt for PayRewards VIP Premier, you’ll also earn a further 242,000 PayPoints on the transaction, which converts to 96,800 KrisFlyer miles. You’ll now have a total of 232,925 KrisFlyer miles – enough for two Sydney-London flights in Business Class.

You’d be charged a further $2,178 (ex-GST) for the PayRewards fee – for a total of $4,477 ex-GST. But you’d gain enough miles to fly Sydney-London return in supreme comfort!

Singapore Airlines Boeing 737-8 Business 10 - Point Hacks
Singapore Airlines Business (pictured) and First Class are in reach with PayRewards.

Remember that business transaction fees are often tax-deductible (but seek individual advice to confirm). You’ll also benefit from interest-free or cash flow periods on your credit card, where your supplier is paid instantly, and you hold onto your cash for up to 55 extra days. That’s time for extra sales before your bill is due.

Summing up

The PayRewards program is truly taking off with the inclusion of Singapore Airlines. You’ll soon be able to transfer your PayPoints to Qantas Business Rewards or Singapore Airlines KrisFlyer – both strong programs for frequent flyers. Earn points on your business transactions and fly away in comfort even sooner.

Disclaimer: Point Hacks is affiliated with

PayRewards adds Singapore Airlines as a partner was last modified: August 25th, 2023 by Brandon Loo