The latest Qantas Travel Money deals and promotions

By being aware of the latest Qantas Travel Money promotions, you could bring home more than just souvenirs and memories from your next trip abroad. Of course, the card allows you to earn Qantas Points when you spend. But quite often, you can double dip, by earning points when you load this pre-paid card.

Here’s how to make those international spends even more rewarding – perhaps, before you’ve even left home.

Current Qantas Travel Money promotion: Earn up to 30,000 bonus Qantas Points

Normally, the Qantas Travel Money card provides points when you spend – but this promotion is a little different. Being a pre-paid card, you top-up your balance first, before spending. And under this deal, load at least AU$500 onto your account in a foreign currency and you can be rewarded.

First, register for the offer before loading. You can then receive 1.5 Qantas Points per AU$1 loaded onto the card into a foreign currency account. On a simple top-up of AU$500, that’s 750 bonus Qantas Points in your pocket – before you’ve really spent a cent.

You can earn up to 30,000 bonus Qantas Points via this promotion. That’s achieved by loading AU$20,000 onto your Qantas Travel Money card, directly in a foreign currency. Of course, you’ll also earn Qantas Points when you spend that dough. That’s another 1.5 Qantas Points per AU$1 equivalent spent abroad.

From a top-up of AU$20,000, you could ultimately earn 60,000 total Qantas Points. That’s 30,000 bonus Qantas Points under this deal, plus 30,000 Qantas Points when transacting abroad (1.5 Qantas Points per AU$1 spent). All told, that’s three Qantas Points per AU$1 spent.

Qantas Travel Money deal history

• June 2023: Discounted foreign exchange rates plus an extra 1-2 Qantas Points per AU$1 loaded in a foreign currency. Capped at 20,000 bonus Qantas Points, earned by loading AU$10,000 in foreign currency.
• May 2023: Targeted offers depending on tier status. For Platinum, Platinum One and Chairman’s Lounge members, earn four bonus Qantas Points per AU$1 loaded in foreign currency. Lesser bonus Points for lower tier members.
• Recurring offer: Activate your Qantas Travel Money card and earn 1,000 bonus Qantas Points. These offers come by email periodically, so to earn bonus points, be sure to activate during the offer dates tailored to you.

Summing Up

If you’re going to use the Qantas Travel Money card as part of your international spending strategy, it pays to top-up your account during a promotion. By keeping an eye on your email inbox – and the Point Hacks site – you could turbocharge your rewards.

It’s worth pointing out that while this card allows you to earn points, the foreign exchange rates may be less generous than on other travel cards. On the plus side, you can lock-in your exchange rate before you go – by pre-loading funds into a desired currency – to avoid any surprises on the road. But using a regular credit card may cost you less overall, while still earning points.

Only you can decide whether the Qantas Points you could earn via the Qantas Travel Money card are worth the haircut taken on the exchange rate. Remembering, of course, that many points-earning credit cards impose a 3% foreign transaction fee nonetheless.

Also read: The highest-earning credit cards for Qantas Points

All imagery courtesy of Qantas Money.