What It's Like to Fly the $23,000 Singapore Airlines Suites Class
E.g. Flying from Singapore to Switzerland on 19Oct17 and back on 26Oct17, the cost of a Business Class (Saver) is $5,383.70 and First Class/Suite (Saver) is $13,783.70.
If you use miles for redemption, you will need 170,000 miles with additional tax of $83.70 for Business Class (Saver) and 230,000 miles with additional tax of $83.70 for First Class/Suite (Saver).
If you buy the miles directly from Singaporeair, it will cost you USD$40 per 1,000miles or about S$56 (based on U$1 = S$1.40). So the total cost:
Business Class: (170 x $56) + $83.70 = $9,603.70
Suite Class: (230 x $56) + $83.70 = $12,963.70
Comparatively business class is more expensive but Suite Class is cheaper by $820.00.
However there are other ways to use/earn miles. Most commonly is by using your Credit Card purchases for miles redemption.
Second method is more of "unorthodox" where you can buy miles from 3rd parties (e.g. from Carousell). The current rate is about S$22 per 1,000miles. Based on this rate, the total cost:
Business Class: (170 x $22) + $83.70 = $3,823.70
Suite Class: (230 x $22) + $83.70 = $5,143.70
For business class you are paying only $3,823.70 which brings a total savings of $1,560 (29%).
Notice the bold font. Yup, the Suite class cost only $5,143.70. It's even cheaper than your business class fare if you pay by cash ($5,383.70).
However not everything is perfect. There's one downside of points redemption i.e. the seat availability. So in order to secure a seat, just need to make sure you book early.
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