Take advantage of the Qantas Aquire program and your business can earn more rewards and use them effectively.
The Aquire program is a brand new business loyalty scheme from Qantas tailored to small and medium sized businesses.
Under the program, businesses will be able to earn points for everyday transactions and expenses while still earning Qantas Points for their individual accounts.
It will be a while before it launches in March 2014, so details are scarce, but there's a few benefits to this scheme which are already evident. These include;
The ability to transfer Aquire points into Qantas Points in the name of an individual Qantas Frequent Flyer Member.
Greater points earning potential through bonus partners which will include business-specific services and products.
The other benefit of the Aquire program is that Qantas claims it will be versatile. According to the official announcement, business owners can use Aquire Points and transfer them to Qantas Points to gift them to specific employees as bonuses or rewards, use them to pay for business or leisure flights, take advantage of flight upgrades, or use them to obtain items from the Qantas Store.
This means the Aquire program may give business owners and administrators a better way of rewarding employees or using Aquire and Qantas Points to help their business financially.
There's an annual membership fee for the program, but the amount hasn't been disclosed yet.
There's also a bonus for businesses which pre-register for the program. They'll receive 500 bonus Aquire Points for eligible Qantas domestic and Qantas international flights booked and travelled between 1 December 2013 and 28 February 2014. This includes flights operated by American Airlines and Emirates.
Any Australian-based small to medium enterprise can join as long as they have an ABN number.
To pre-register your business, you'll need to log on to the Qantas Aquire program website. Any Aquire points earned during this pre-registration period can be converted to Qantas Points at the ratio of one Aquire point per one Qantas Point.
Businesses that register for the program in the first six months of the launch will also have their annual membership fee waived.
More information about the program partners is soon to follow according to Qantas. Terms and conditions will be available when the program is launched in March 2014.
Frequently asked questions about the Qantas Aquire program
What's the difference between the Qantas Frequent Flyer program and the Aquire program?
The major difference is in the fact that the Aquire program is designed for businesses, whereas the Frequent Flyer program is designed for consumers.
Will Aquire Points be subject to tax?
Aquire Points may be subject to income or fringe benefits tax when given to employees for private use.
Do Aquire members have access to the linked Qantas Frequent Flyer accounts?
No, they'll only be able to transfer Aquire points into Qantas Points and deposit these into individual Qantas Frequent Flyer accounts.
How many Aquire Points will my business earn per flight?
This information will be released nearer to the launch date.