finder Rewards Roundup: Qantas, Virgin and rewards changes
Enjoy bonus points, save on Qantas Club membership and stay on top of how the rewards space is changing.
This week, Qantas frequent flyers can look forward to earning points with Samsung, saving on Qantas Club membership and a chance to pick up a share of 10 million Qantas Points with the Business Rewards program. Our Rewards Roundup also covers why Velocity frequent flyers should earn points at BP while they can and how we can expect the credit card rewards market to change in the new financial year.
You can now earn Qantas Points with Samsung
Qantas Frequent Flyers now have another way to earn points with a new partnership between the airline and Samsung. If you purchase Samsung products via Qantas' Online Mall, you can expect to earn three points per $1 spent. This includes anything from smartphones, tablets, monitors, printers, TVs and more.
Last day to get 40% off your Qantas Club membership
Want to know how to lap up some luxury for less? Earlier this week, Qantas launched a 90-hour sale that offers frequent flyers 40% off their Qantas Club membership. The discount applies to 1 year, 2 year and 4-year memberships. You can look up to the following discounts if you sign up online by the end of today:
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If you sign up, you’ll get access to Qantas Club travel perks including airline lounge passes, upgrades on eligible flights, additional checked baggage allowance and priority check-in.
Claim your share of 10 million points with Qantas Business Rewards
Qantas is toasting the end of the financial year by offering Business Rewards members the chance to collect their share of 10 million bonus points before the end of June.
If you’re a Qantas Business Rewards member and shop with a Qantas partner by 30 June 2017, you’ll automatically be entered to win your share of 10 million Qantas Points. There are five 1 million Qantas Points packages and 20 250,000 Qantas Points packages up for grabs. If you haven’t joined Qantas' Business Rewards program, you’ll automatically be enrolled in the competition if you join by 30 June.
If that's not enough of an incentive, Qantas is also offering bonus double points for certain purchases. For example, on top of the standard Qantas Points and Status Credits the traveller would earn, Business Rewards members can also earn double bonus points on all flights before 30 June 2017.
If you don’t have any business travel planned before the end of June, you can also collect 8 points for your business plus 4 points for the traveller per $1 spent on Avis and Budget car hire for two days or more and 2,000 bonus points if you spend $200 or more at Staples. You can also score 2,000 bonus points if you sign up for a new GIO business insurance policy or workers compensation by 30 June 2017.
Why you should earn Velocity Points at BP stations while you can
Earning points on petrol purchases is just one of many ways Velocity frequent flyers can earn points. However, this could quickly change in the coming months. Virgin Australia is taking legal action after BP announced its plans to acquire Woolworths’ petrol stations. This has ruffled some features because Woolworths has a relationship with the Qantas frequent flyer program, Virgin’s biggest loyalty program rival in Australia. It's possible BP wanted to exit its arrangement with Virgin to avoid this conflict.
Whether or not BP is able to opt out of its agreement with Virgin early, it might be time to take advantage of your ability to earn points on petrol while you can. Currently, you can collect 2 Velocity Points per $1 spent on every litre of fuel (up to 150 litres) and 2 Velocity Points for every $1 spent in-store (up to $100).
How every Australian bank is changing its rewards programs in 2017
With interchange fee regulations due 1 July, banks have been slashing the value of rewards programs in an attempt to make up for potential losses. Unfortunately, this means several banks have culled standard earn rates, reduced rewards across dual cards and introduced points cap to limit earning potential.
As well as reporting on these changes as they’re announced, we’ve also compiled a list of every card and bank that will undergo changes as a result of the interchange fees. Not only does the list make it easier to understand how rewards programs are changing, it's a simple way to weigh up your options against other banks. Many cards no longer offer the same rewards incentives agreed upon on signup, so it’s important to compare rewards credit cards alternatives to ensure you’re still getting maximum value.
finder Rewards Roundup lists and compares the best* credit card, airline and frequent flyer reward offers of the week. Check back every Friday for the latest rewards deals and to find out how you can get more out of your points each week.
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