Shangri-La Circle uses a FIXED redemption value rather than off-peak / standard / peak category bands. Points redeem at a fixed rate of 15 Shangri-La Circle points = USD 1 (or local-currency equivalent) of the property's prevailing cash rate - so each point is worth about 6.67 US cents toward rooms, dining, spa, experiences, or Boutique purchases. Example: a room costing USD 300 a night runs about 4,500 points. EARNING is tier-based: Gold 1 point per USD, Jade 1.25, Diamond and Polaris 1.5. Cash + Points awards use the same 15:1 rate with a 500-point minimum. No blackout dates (subject to the award availability the hotel releases). Airline conversions run at a base 1:1 (varies by partner), minimum 1,000 points, then 500-point increments. Points expire on the second anniversary of the end of the calendar year in which they were earned.