From RM0 to SAR 170 in 170 days

Ever since Malaysia Airlines’ joined venture with Mechant Trade to introduce Enrich Money, Maybank treatspoints has become more valuable and useful for me.  Living abroad, the only meaningful redemption for me is Enrich miles.  But we don’t travel with MAS that often either.  With Enrich Money, Enrich miles can be converted to Enrich Money points on one-on-one basis, which can then be converted to cash at the rate of RM1 per 40 Enrich Money points.  Yes, you heard it right.

Enrich money is having a promotion until this Monday where you can get 10% extra Enrich Money points when you convert from Enrich miles.  I converted 4000 miles recently and got 4400 Enrich Money points.  That will give me RM110 when converted to cash.  Enrich is also having a promotion starting this Tuesday where we can get 20% extra Enrich miles when we convert from Maybank treatspoints or any other banks’.  12500 treatspoints give me 1000 Enrich miles and I have around 25k+ treatspoints at the moment.  If converted within the timeframe, they will give me 2400 Enrich miles, which in turn will give me 2400 Enrich Money points that give RM60 when converted to cash.

Altogether, I will get a total of RM170.  If converted to SAR in one go, this will give me SAR149.82 at the current rate.  So the trick is to convert extremely small amount at a time.  At the current rate, RM0.03 will give me SAR0.03.  That’s a one-on-one conversion rate.  But you have to do it many times 😅.  Converting RM1 a day I think is doable.  That will take about 170 days to complete.  After 170 days more or less, I will have SAR170 in my Enrich Money wallet at no cost, except the very minimum effort to do the daily conversions.