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    Home»Loyalty»Airline Programs»Qantas Frequent Flyer»Earn rates on Qantas Cash are changing
    Qantas Cash (Image Source: Qantas)
    Qantas Frequent Flyer

    Earn rates on Qantas Cash are changing

    MarkBy MarkMarch 16, 2017No Comments2 Mins Read

    Qantas have announced changes to the Qantas Points earn rate that will apply to the Qantas Cash card. Depending on whether you use your card overseas or in Australia it could be good news, or it could be bad news.

    The changes, and the effective dates of the changes are shown in the following table

    Proposition Current earn rate New earn rate Effective from
    International 1 Qantas Point* per $1 spent in foreign currency 1.5 Qantas Points* per $1 spent in foreign currency 1 April 2017
    Domestic 1 Qantas Point* per $2 spent in Australian Dollars 1 Qantas Point*per $4 spent in Australian Dollars 1 July 2017

     

    International

    First, the good news. Members spending foreign currency will see an increase of 50% in earn rate as of April 1. The earn rate will lift from its current 1 Qantas Points per dollar, to 1.5 Qantas Points per $1 spend in foreign currency.

    Domestic

    The real bad news happens when you are spending domestically in Australia. The earn rate is being halved, and as of June 1, 2017 you will earn at a rather dismal rate of 1 Qantas Point for every $4 spent in Australian Dollars.

    Qantas Cash

    Qantas Cash is a prepaid Mastercard attached to your Qantas Frequent Flyer account. As a prepaid card, it needs to be loaded with funds before you are able to use it. Overall, it competes against the various travel cards that are available on theĀ  market. It’s most direct competitor is the Global Wallet offer available for Velocity members.

    Features of the Qantas Cash include:

    • No load fees,
    • No monthly account fees,
    • Earn 1 Qantas Frequent Flyer point for every AUD$1 equivalent of eligible spend in foreign currency (1.5 Qantas Points per dollar from April 1(,
    • Earn 1 point for every or for every AUD$2 spent in Australia (! point per $4 spent from June 1).

    Qantas Cash allows you to preload 11 foreign currencies, in addition to Australia Dollars. Note that when loading a foreign currency onto the card, the exchange rate is somewhat less than stellar.

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    Mark

    Mark, the founder of Fly Stay Points, caught the travel bug early in life. During his travels, he discovered the benefits of frequent flyer programs, and later hotel loyalty programs. He is always plotting his next adventure - and this includes working out how to leverage the loyalty programs

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