Qantas Rewards Store 20% off sale: Don’t waste your points
There are better ways to use your frequent flyer points than a coffee machine flash sale.
Qantas is running a "flash sale" with 20% off redemptions in its Rewards Store.
My take? That's not the best way to use your hard-earned Qantas Points.
My golden frequent flyer rule is that I want to get at least $20 in value for every 1,000 points I spend.
That's easily achieved with flight redemptions. Use your points for an upgrade and they're potentially worth much more.
But even at 20% off, redemptions for gift cards, Bluetooth speakers or (ugh) coffee machines don't come close to making the cut.
Here's a simple example.
A $100 David Jones gift card normally costs 19,010 Qantas Points. With 20% off, you can get it for 15,200 points.
With the reduction applied, the effective value you're getting is $6.58 per 1,000 points spent. That's still way below what I'd consider a good use of my points.
And gift cards are usually one of the better-value options. The Breville Bambino Plus requires 97,248 Qantas Points during the sale, but retails for $499. That's just $5.13 per 1,000 points. You can do better than that.
There are some items that don't score the 20% off, including charity donations, anything already on sale, Qantas Wine and carbon offsets. So no, this isn't a way to qualify for Qantas Green while spending fewer points.
The flash sale runs until 17 June 2022. Enjoy if you wish, but I won't be joining you.
Want to keep your frequent flyer points balance growing? Check out the latest credit card sign-up deals.
Angus Kidman's Findings column looks at new developments and research that help you save money, make wise decisions and enjoy your life more.