Qantas Frequent Flyer are running a 10 day promotion for a % bonus on transfers from credit cards that allow transfers to Qantas Points, which is primarily the American Express Platinum Charge card, and who are targeted for the offer – more on that later in the guide.
The percentage bonus also seems to be targeted by member as well, with a commenter adding that they received a 40% bonus offer.
It’s the highest and best bonus we’ve seen in tracking this offer over the course of the last few years, with no minimum transfer amount, and helps to offset some of Qantas’ higher points redemption pricing compared to their competitors like Asia Miles, and would also be good for transferring over if you have one of our ‘best uses of Qantas Points’ in mind, such as for Emirates Business or First Class.
Options for credit cards that transfer points from flexible points programs to Qantas Points are very few and far between, with most cards not offering this option, with instead you being locked into monthly sweeps to Qantas instead of transferring on demand.
This guide runs through the few cards that do offer this option which is great for additional flexibility when it comes to using your points.
The current bonus offer
The 30% bonus, with no minimum amount, is available to those ‘targeted’ to the offer by email and runs until December 19th.
It would be a bit galling for those who may have transferred points under the 15% or 25% bonus levels during their previous promotion in November, but there’s not that much can be done about that.
These transfer bonus promotions are targeted, sort of
The transfer bonus offer is usually targeted to members who have previously made a transfer, and Qantas don’t usually publish the deal details online (maybe due to the limited potential uptake for it).
Physical letters or emails are usually sent to everyone who is eligible – and members that receive them are usually those who have made a transfer to Qantas Points from their credit card in the past.
One recent email explicitly stated:
We are sending you this offer as you have transferred rewards points earned on a credit or charge card to Qantas Points in the past.
If you are a holder of an included card / bank rewards program, it might be worth making a small transfer to Qantas outside of a bonus period so you have a greater chance of being included in the next promotion. No guarantees, but it’s worth a shot.
Cards that can transfer (not sweep) points to Qantas Frequent Flyer
Firstly, some definitions – points transfers are initiated by you to the bank, made on demand, and credit your Qantas account within a couple of days. Cards that offer this are few and far between.
Direct sweep cards move your points earned each month over to Qantas on a regular basis. This is the case for the majority of Qantas linked credit cards. But there are a few exceptions.
There are some older cards out there (not available to new applicants) which still offer Qantas Point transfers – primarily the CitiBusiness Gold Visa. If you know of others, please let me know in the comments.
Otherwise, you’re limited to just a few cards on the market now:
- The American Express Platinum Charge
- Westpac Altitude Business Platinum and Business Gold joint Amex/Visa accounts
Westpac's Altitude Business Platinum card is one of the few cards that can transfer points to Qantas Frequent Flyer (as well as others) on demand with an effective earn rate of 1.5 points per $, and no annual fee in the first year.
- No annual fee in first year
- 3 Altitude Points for every $1 spent on the American Express (=1.5 Qantas Points, Velocity points, Krisflyer, Enrich or Asia Miles)
- 1 Altitude point per $ on the Visa domestically, 2 points per $ on overseas transactions and 0.5 points per $ on government spend
- No points capping
- 0% p.a. interest for 12 months on purchases
- Business and travel insurances
- $295 annual fee ongoing
- 0% interest p.a. on purchases for first 12 months
- Offer ends: 30th April 2017
- Applicants must have ABN or ACN
Point Hacks earns a range of commissions per applicant for this card. More on my featured credit card policy →
The Westpac Altitude Business Cards, are fairly accessible – applicants are assessed on personal income (not a business assessment) and you’ll need an ABN or ACN to apply.
The best points earner, the Altitude Business Platinum is $279 per year (with no annual fee in the first year on offer right now).
With the Altitude Business Platinum you’ll earn the equivalent of 1.5 Qantas Points per $ on the American Express, but don’t have to sweep those points to Qantas each month, instead either holding out for a transfer bonus or moving them to other programs like Velocity, KrisFlyer or Asia Miles.
The Altitude Business Gold is less lucrative at the equivalent of 1 Qantas Point per $ (same for other frequent flyer programs).
Both cards earn a low 0.5 points per $ on the accompanying Visa, but the Altitude Business Platinum offsets that a little with 1 point per $ equivalent on overseas transactions.
There’s no points signup bonus available for the Altitude Business cards right now, but there is no annual fee in the first year.
The American Express Platinum Charge is going to be out of reach for most people with a $1200 annual fee, but can earn you a heap of points – Qantas or otherwise – if you can put a lot of spend through it.
With a Point Hacks Exclusive 120,000 Membership Rewards points bonus available on sign up, the American Express Platinum Charge is a great card for those who want to earn Membership Rewards points on everyday spend with lots of additional benefits. Read the Point Hacks guide for the full rundown.
- 120,000 Membership Rewards points signup bonus
- $300 travel credit annually
- Unlimited access to certain airline lounges - including Virgin Australia Domestic, Delta and American Express lounges globally
- Access to American Express Fine Hotels & Resorts perks & discounts
- 3 Membership Rewards points earned per $ spent at restaurants, 2 points earned per $ on travels, and 1 point per $ everywhere else except for utilities and the ATO
- $1200 p.a. annual fee
- Offer ends: 30th March 2017
- Card Members who currently hold or who have previously held any other Consumer Charge Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer.
- Bonus points require $1,500 minimum spend in first 3 months
- Charge card, not credit card - balance requires payment in full each month but with no pre-set spending limit - more about this
Point Hacks earn a maximum of $330 per applicant for this card. More about this →
- 30% bonus in December 2016, no minimum transfer amount
- 15% bonus in November 2016, 25% bonus on transfers over 350,000 points, and 30% bonus on transfers over 1mn points
- 10% bonus in August 2016, with 15% bonus on transfers over 100,000 points, 20% bonus on transfers over 500,001 points, and 25% bonus on transfers over 1mn points
- 15% bonus in June 2016, with 20% bonus on transfers over 100,000 points, 25% bonus on transfers over 500,001 points, and 30% bonus on transfers over 1mn points
- 15% bonus in March 2016, with 20% bonus on transfers over 350,000 points, not known if targeted
- 15% bonus in December 2015, with 20% bonus on transfers over 350,000 points, not known if targeted
- 15% bonus in September 2015, with 20% bonus on transfers over 300,000 points, not known if targeted
- 15% bonus in June 2015, with 20% bonus on transfers over 300,000 points, targeted to members to had only made a transfer previously.
- 15% bonus in March 2015 targeted to members to had only made a transfer previously.
- 15% bonus in mid August 2014 targeted to members to had only made a transfer previously.
Should you take advantage of the transfer bonus?
Each time this comes around it seems to be on a short term basis, and with little predictability. Either way, it’s useful for those who have points balances they can transfer to Qantas, but with the limited cards that offer it, that’s not going to be too many of us.
The deal is helpful if you have a premium card like the American Express Platinum Charge, and you know you will want to use your point balance for Qantas Frequent Flyer redemptions or upgrades. But there are better value redemptions available from other programs like KrisFlyer, Asia Miles and Enrich if you’re willing to go looking.