Thanks Woolworths, thanks Coles: Bonus points offers are finally here
2020's first supermarket gift card bonus points offers have arrived.
For Australian frequent flyer points addicts, today is noteworthy for one simple reason.
It's the first time in 2020 that supermarkets are offering decent bonus points deals when you buy gift cards.
While these kinds of deals usually pop up regularly, we haven't seen any from either Woolworths or Coles since late December.
That's not to say those offers are truly amazing. Coles' 2,000 flybuys points for a $100 Kayo card is a solid choice if you're paying for the streaming sports service anyway. At Woolworths, a $50 Ultimate For Him gift card scores 1,000 Woolworths Rewards Points, and can be used at multiple "blokey" retailers.
I'd have preferred a Netflix offer (I can always use those), or one which gave 2,000 points for a $50 spend.
But frankly, I'm as happy as a pig in mud to see them back in any form. Supermarket bonus points for gift cards are one of my key strategies for earning extra points, and I was starting to worry that perhaps the supermarkets had decided to phase them out.
The frequent flyer reality is that your options can change at any time.
Last year, we saw Qantas increase the number of points needed for most redemptions.
We've also seen Qantas effectively drop mass market bonus status credit offers, shifting instead to targeted offers to individuals.
Changes aren't always bad news. In October 2019, Woolworths Rewards improved its conversion rate for Qantas Points by 15%.
At any rate, it looks like we can continue to enjoy gift card bonus points for now. Keep earning!
Angus Kidman's Findings column looks at new developments and research that help you save money, make wise decisions and enjoy your life more. It appears regularly on Finder.
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