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In Australia’s highly competitive health insurance market, insurers regularly offer a range of promotions and special offers to entice new customers. One initiative health funds use to sweeten the deal is to offer frequent flyer miles or loyalty program reward points to their members.
While these points offers can be a great added bonus for health insurance consumers, they should never be the only factor you consider when choosing a health fund.
There are two types of points on offer to Australian health insurance customers:
There are typically two ways you can earn points on health insurance in Australia:
You can redeem the points you earn for a range of rewards. If you earn frequent flyer points, you can use your rewards balance to purchase flights, accommodation, food, wine and a range of other products. You can use your flybuys points to purchase flights, gift cards, frequent flyer points and a range of goods and services as well as save money on your grocery shopping.
So while health insurance points offers can be a great way for you to enjoy some extra rewards and value for money, it’s vital that you don’t choose a health fund based solely on the fact that it offers points. Make sure to compare your options and choose the insurer that offers the right cover for your needs.
Extras cover is the number one drawcard for Australians who take out private health cover, new research from Finder, Australia’s most visited comparison site, reveals.
Millions of Australians could be missing out saving money on their health insurance policy, according to Finder, Australia’s most visited comparison site.
Earn flexible rewards points as you spend and enjoy a big 100,000 bonus points offer with the Citi Rewards Credit Card.
This card offers 0% interest on balance transfers for 36 months, a discounted $29 first year annual fee and platinum benefits including airport lounge passes and complimentary insurance covers.
Enjoy 100,000 bonus Velocity Points, a reduced first-year annual fee and points per $1 spent with the Citi Rewards credit card.
The American Express Velocity Business Card earns points per $1 spent and offers complimentary travel insurance and two complimentary Virgin Australia lounge passes each year.
The Amex Qantas Business Rewards Card offers 150,000 bonus Qantas Points, no pre-set spending limit and platinum perks including complimentary insurances.
Millions of Australians are shopping around for cheaper health insurance in the new year, according to new research by Finder, Australia’s most visited comparison site.
Enjoy an introductory 90,000 bonus Citi reward Points, a $100 Coles eGift card, plus a reduced first-year annual fee with this Citi Rewards Card offer.
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