Money Hack: Earn Qantas Points for your salary
Wait... you have money sitting in a transaction account and not earning points?
Rewards points: lovely to have and relatively easy to earn. However, unless you are an avid rewards points hacker, have a rewards credit card or are a frequent traveller, chances are your points balance isn't too high.
Well, Bankwest is now offering a way to earn Qantas Points for doing nothing more than putting your money into a transaction account.
I feel like a liar even calling this a hack because it's just so simple. All you have to do is open a Bankwest Qantas Transaction account and you will earn Qantas Points for your balance as well as your purchases. Yep, really.
Here's how it works:
- Apply for a Bankwest Qantas Transaction account (you need to be over 18 and an Australian resident).
- You'll earn 5 Qantas Points every time you use your debit Mastercard to make a purchase.
- You'll earn 5 Qantas Points for overseas ATM withdrawals (be careful of foreign transaction fees, though).
- You'll earn 12 Qantas Points for every $100 in your Bankwest account.
You can also avoid fees with this account. Bankwest will waive the $89.50 Qantas Frequent Flyer membership fee and, by depositing at least $2,000 into your account every month, you can avoid the $6 monthly account fee.
Find out more about the Bankwest Qantas Transaction account in our review.
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