SINGAPORE — GrabRewards members will soon have the flexibility to convert their points into KrisFlyer miles, Grab and Singapore Airlines (SIA) announced in a joint media release on Tuesday (Oct 3).

However, both companies did not elaborate on the conversion rate.

"The conversion rate will be shared when the partnership is made live in the next few weeks," an SIA spokesman told TODAY.

SIA and Grab announced a partnership that will integrate their mobile apps and allow SIA customers to book Grab rides through the SingaporeAir mobile app.

The first 5,000 customers will receive S$10 of GrabPay Credits for bookings made through the SingaporeAir mobile app for Grab rides in Singapore, the joint statement said.

Besides Singapore, SIA customers will be able to book a Grab ride to the airport seven days before their scheduled flight in five other countries: Indonesia, Malaysia, the Philippines, Thailand and Vietnam.

From Oct 9 to Nov 9, all Grab customers are also eligible to win a pair of Business Class tickets to Hong Kong by entering the promotion code 'GRABSQ' in the Grab app booking screen for each ride. The customer with the most Grab rides booked​ during this period will win.

"By integrating Grab's and SIA's loyalty programmes, customers can look forward to using their points when they plan for their next holiday," said Mr Jason Thompson, Head of GrabPay.

This is the first time SIA is partnering a ride-hailing service through its SingaporeAir mobile app and KrisFlyer programme, as competition stiffens up in the ride-hailing market between Grab and Uber.