Given that it is inclusive of the 15% online discount, it is a 10% discount. Like JohnK says, good for last minute travel.
For me not enough incentive to change (or initiate) any plans. I wonder if based on that SQ are actually increasing their loads or just getting the same redemptions but at less points anyway.
Join Australian Frequent Flyer (AFF) for free and unlock insider tips, exclusive deals, and global meetups with 65,000+ frequent flyers.AFF members can also access our Frequent Flyer Training courses, and upgrade to Fast-track your way to expert traveller status and unlock even more exclusive discounts!