Qantas Frequent Flyer will soon be able to earn up to 5,000 Qantas Points with ‘buy now, pay later’ platform Afterpay.
It has just been announced but will kick off later this week. At that time, members will be able to link their Qantas Frequent Flyer account to their Afterpay account.
Earning Qantas Points with Afterpay
There are two slightly different earning structures to earning points, depending on whether you are new to Afterpay or not.
Firstly, there is the case of being a new customer. If this is the case, you’ll receive 500 Qantas Points for signing up and linking your Qantas Frequent Flyer number and Afterpay account. Once you have done that, you can earn another 4,500 points based on your spending.
On the other hand, if you are already a customer, you can only earn based on your spending. Even though you will still have to link your account, there are no points on offer for doing so. In fact, under the terms of the offer, it appears you will first have to spend $1,000 before you start earning points.
Either way, once you are earning points based on your spending, the earn rate is the same. You will earn 1 Qantas Point for each dollar that you spend on the platform. It all tops out at 5,000 Qantas Points.
Linking your accounts
At present, you can’t link your accounts. However, when the partnership kicks off later this week, you’ll be able to add your Qantas Frequent Flyer number to your Afterpay account.
Who is Afterpay?
Afterpay is one of a number of ‘buy now, pay later’ schemes that have popped up recently. It allows you to shop at participating retailers, and make your payments in instalments.
The first instalment has to be paid straight away by credit card. In the offers I have seen, there are normally four equal instalments. You pay the first one at the time of purchase, and then make the other payments over time.
These schemes have had a bit of bad press, but they can be a useful budgeting tool. The main thing is to pay the instalments on time, and also to pay your credit card off on time.
The partnership is offering a maximum of 5,000 points, so it does not appear to be an ongoing thing. This is similar in a way to an earlier promotion with PayPal.
Still, it is positive news, and mayber a nice little earner for some.