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    Home»Loyalty»Airline Programs»Qantas Frequent Flyer»Qantas Business Rewards»Qantas revamps Aquire – now Qantas Business Rewards
    Qantas Business Rewards (Image: Qantas)
    Qantas Business Rewards

    Qantas revamps Aquire – now Qantas Business Rewards

    MarkBy MarkFebruary 1, 2017No Comments4 Mins Read

    Qantas has revamped and renamed its Aquire program. Now going under the name of Qantas Business Rewards, it is another attempt by Qantas to reward Australia’s small-to-medium enterprise market.

    A brief summary of the changes:

    • All members of Aquire will become Business Rewards members
    • Aquire points are no more, and will simply be Qantas Points.
    • The concept of Pending Points is removed,and only a single traveller is required
    • Introduction of 3 membership levels, with earn rates tied to your level

    Renaming Aquire as Business Rewards

    When Aquire launched back in 2014, it did so at a time when Qantas had a thing about the letter Q. As a brand name, it never really gave much indication of what it was about.

    Now it has been reborn under the name ‘Qantas Business Rewards’.. Members of Aquire will automatically become members of Qantas Business Rewards.

    Aquire Points are now just Qantas Points

    Given the rebrand of the program, Qantas now refer to the points simply as Qantas Points. The points always had a 1 to 1 conversion to Qantas Points, so it seems sensible to just call them what they are – Qantas Points.

    These points will continue to sit in your Business Rewards account, just as they did with Aquire. As with Aquire, members will be able to transfer the points to a selected Qantas Frequent Flyer account. They minimum transfer of 3,000 points will remain

    Easier for small businesses

    The structure of the program  made it difficult for some small business owners to benefit from the program. There were restrictions on when members were eligible to transfer points across to a Frequent Flyer account. Under the revamp, Qantas have removed two of those restrictions – the need for 20,000 pending points, and the need to have two travellers during the membership year.

    The concept of Pending Points has been removed. As a result, you no longer need to earn 20,000 points from flying each year before you could convert the points. The requirement to earn 20,000 points was always a big ask for some of the small businesses and sole traders that would have some flying during the year, but couldn’t rack up 20,000 points.

    In addition, the requirement to have two travellers during the year has been removed. Now, a sole trader can enjoy the benefits even they only have the one traveller.

    Qantas Business Rewards membership tiers

    Qantas are introducing the concept of membership tiers to the program, with three tiers being on offer. The different tiers feature different earn rates, and different discounts on Qantas Direct airfares. This replaces the current flat structure, where all members got the same. Your membership tier will be determined by the number of points that are earned in the program each year.

    As may be expected, some benefits of the program are determined by your tier. The main items affected by your tier are the earn rate in the program, and the airfare discounts available  The following table gives a basic view of this.

    Tier 1 Tier 2 Tier 3
    Qualification

    (Points from flying each year)

     <20,000  20,000-99,999 100,000 or more
    Business Reward earn rate  20%  30%  40%
     Airfare discount  5%  7%  8& (except red-e-deal 2%)

    Earnings Changes

    Under Aquire, points earning was based on a percentage of the points earned in the Qantas Frequent Flyer scheme. The percentage varied depending on your fare class and route (international or domestic). This percentage varied between 30% and 50%. Under the new offer, Tier 1 members step down to a flat 20%, Tier 2 members get 30%, while Tier 3 members get 40%. In many cases, this will result in decreased earnings under the new scheme.

    Airfare Discount

    As part of the program, members have been eligible for discounts on certain airfares. Under the revamp, the discount is now tied to your tier. For reference, the discounts are shown in the following table

     

    Qantas Rewards Discounts
    Qantas Rewards Discounts

    More information on the Qantas Business Rewards program may be found at qantasbusinessrewards.com.

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    Mark

    Mark, the founder of Fly Stay Points, caught the travel bug early in life. During his travels, he eventually came to stumble upon loyalty programs, He first discovered the world of airline 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. It is a constantly evolving world. Promotional opportunities come and go. Airlines come and go. New hotels open, old hotels change brands, and on it goes. FlyStayPoints was started as a way to try to keep on top of all this. Keep track of promotions. Understand the changes in the marketplace.

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