Join KrisFlyer and get a bonus 1000 points

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What's more, you can redeem those miles immediately when you shop on KrisShop.com or mix them with cash to pay for flights on Singapore Airlines and SilkAir!

Note that a minimum of 5,000 miles is required in order to convert to Velocity points, and apparently the cheapest item on KrisShop.com (a magnet) costs 1,250 miles.
 
could perhaps use it for points+pay? 1000 points would mean a reduction of $10 I'm guessing?
 
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Guess they learnt from last years offer that if they offer 5K points people will just transfer to Virgin Australia.
 
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