The value of Qantas Points ranges from 0.5 to 5+ cents each, depending on how you use them. This wide range shows that some ways of spending points are much better than others.
Getting the most bang for your buck with your Qantas Frequent Flyer credit card is made easier with our Qantas Points value calculator.
Calculate your Qantas Points
How much are Qantas Points worth?
Qantas Points are a valuable reward for frequent flyers. Many Aussies collect these points through credit card spending, flights, and other means. But what are they really worth?
Smart travellers know that using Qantas Points for flights and upgrades often gives the best value. But there are many other ways to spend points, from gift cards to products. Knowing which options offer good value can help you make the most of your hard-earned points.
Key takeaways
- Qantas Points value varies from half a cent to over five cents each
- Using points for flights and upgrades often gives the best return
- Careful planning helps you get top value from your Qantas Points
Highlights
- Get 130,000 bonus Qantas Points with the American Express Qantas Business Rewards Card when applying by 14 January 2025, getting approved, and spending at least $3,000 within 2 months of approval. Exclusive to new American Express Card Members.
- Earn 2 Qantas Points per $1 spent on Qantas products and services, up to 1.25 points per $1 spent on everyday spend, and 0.5 Qantas Points per $1 spent on government spend, utilities, and insurance.
- Once a total of 500,000 Qantas Points is earned in a calendar year, the everyday business earn rate will change from 1.25 to 0.75 Qantas Points per $1 spent. *For Card Members who applied for the Card between July 1, 2023, and January 9, 2024, this change will take effect from July 10, 2024.
Highlights
- Get 150,000 bonus Qantas Points when you spend $5,000 or more on eligible purchases within 3 months from card approval. Terms and Conditions apply.
- Earn up to 1.25 Qantas Points per $1 on domestic purchases, up to $12,500 per statement period.
- Includes 2 Qantas First Lounge invitations, plus 2 additional Lounge Invitations per year for a premium airport experience.
- Get a 10% discount on the base fare of eligible Qantas flights for up to 2 adults, 2 children, and 2 infants per booking, twice per anniversary year.
- Get a 20% bonus Status Credit on eligible flights.
What are Qantas Frequent Flyer Points?
Qantas Frequent Flyer Points are a valuable currency for savvy travellers. These points can be used for flights, upgrades, and other rewards, making them an important part of many Australians' travel plans.
Earning points
Qantas Points can be earned in many ways. Flying with Qantas and its partner airlines is the most direct method. You'll get points based on your fare type and distance flown.
Credit cards linked to the Qantas program are another big earner. Many cards offer sign-up bonuses and ongoing points for spending.
Shopping through Qantas Shopping can boost your balance. This online shop lets you earn points at popular retailers.
Booking hotels and car hire through Qantas partners adds more points to your account. Even everyday activities like filling up petrol or buying groceries can earn you points with the right partners.
How Qantas Points are valued
The value of Qantas Points varies depending on how you use them. Each point is worth between 0.4 cents and 12 cents, based on your redemption choice.
Flight rewards often give the best value. Business and first-class upgrades can yield up to 12 cents per point. Meanwhile, economy flights typically offer lower value, around 1-2 cents per point.
Using points for products in the Qantas Store usually gives less value, often below 1 cent per point. Gift cards and cash conversions tend to offer the lowest value.
It's smart to aim for at least 2 cents per point value when redeeming. This ensures you're getting a good deal for your hard-earned points.
Maximising your Qantas Points value
Getting the most from your Qantas Points takes some planning. The right approach can boost your points' value and lead to better rewards.
Redemption strategies
To make your Qantas Points go further, focus on high-value redemptions. Booking business or first-class flights often gives you more bang for your buck compared to economy tickets.
Look for Classic Flight Rewards, which offer better value than Points Plus Pay options. These seats can be snapped up quickly, so book early when flight schedules open.
For the best deals, keep an eye out for off-peak travel times and less popular routes. Midweek flights and shoulder seasons can stretch your points further.
Best value awards
Qantas Points shine brightest when used for long-haul premium cabin flights. A Sydney to London business class flight can yield over 5 cents per point in value.
Upgrades also offer excellent value, especially on international flights. Using points to jump from economy to business can be a smart move.
For non-flight rewards, gift cards and merchandise tend to give poor value. Stick to travel-related redemptions where possible to maximise your points' worth.
Transfer partners and options
Qantas has a range of transfer partners that can expand your redemption choices. Hotel loyalty programs like Hilton Honors and Marriott Bonvoy allow point transfers.
These transfers can be handy when topping up your account for a specific reward. But check the exchange rates carefully, as they're not always favourable.
Car hire companies and cruise lines are other transfer options. While not always the best value, they can be useful for rounding out a travel package.
Remember to watch for transfer bonuses. These promotions can boost your points' value by offering extra points when you move them to partner programs.
Qantas Points vs other airline loyalty programs
Qantas Frequent Flyer Points stack up well against other airline loyalty programs. They tend to be worth between 1.6 and 5 cents per point when used for reward seats. This value is higher than many credit card rewards programs.
Virgin Australia's Velocity program is a key rival. Velocity Points often have a similar value range to Qantas Points. However, Qantas's bigger network and oneworld alliance give its points an edge in international travel.
Hotel loyalty programs like Hilton Honors or Marriott Bonvoy typically offer lower value per point. Their points are often worth less than 1 cent each.
