The offer of up to 10,000 Qantas Points on an eligible purchase has been extended until 7 April
Qantas Loyalty has unveiled a brand new online shopping experience, offering frequent flyer members an improved way to earn and redeem Qantas Points on purchases.
Replacing the Qantas Rewards store, the Qantas Marketplace is the biggest online retail expansion of the Qantas Frequent Flyer program. At the core of this new offering is a focus on carefully curated brands, a wider product inventory, and (at least, initially) supercharged points earning opportunities for frequent flyers.
At launch, the Qantas Marketplace boasts 900 brands and over 20,000 products.
From Apple to Alemais, Bassike to Bose, and Dyson to Dinosaur Designs, frequent flyers will continue to have access to popular international tech and appliance brands, along with a bespoke and expanded selection of Australian-focussed fashion, lifestyle and beauty offerings.
Earning Qantas Points via Qantas Marketplace
Eligible purchases made via Qantas Marketplace with cash attract a standard earn rate of 3 Qantas Points per dollar spent. This represents a 33% increase in earning rates from the previous Qantas Rewards Store, which delivered a flat two Qantas Points per dollar spent, regardless of the purchase type.
There are further sweeteners on offer for those holding Qantas Points Club status, with a chance to earn either double or triple Qantas Points until 30 June 2023, depending on the membership tier:
- Points Club members will earn an additional three Qantas Points per dollar spent (for a total of 6 Qantas Points per dollar), and
- Points Club Plus members will earn an additional six points per dollar spent (for a total of 9 Qantas Points per dollar).
Extended: Earn up to 10,000 Qantas Points
To celebrate the launch of the Qantas Marketplace, Qantas Frequent Flyers can also earn up to 10,000 Qantas Points when purchasing products using cash. But you’ll need to hurry – this offer ends 7 April 2023. The spend tiers are as follows:
- Spend $150, earn 2,000 bonus points
- Spend $300, earn 5,000 bonus points
- Spend $500, earn 10,000 bonus points
Digging into the points earning potential of this promotion
The bonus Qantas Points earned under this introductory offer stack with the standard Qantas Points earn rate on cash purchases, along with any bonus points awarded to Points Club members.
With that in mind, a Points Club Plus member who makes an eligible purchase worth $500 will earn three times for a total of 14,500 Qantas Points – a whopping 29 Qantas Points per dollar. Of course, that’s before any additional points earn via a Qantas Points earning credit or charge card.
Since the bonus points are awarded per transaction (but not cumulatively), it’s possible for frequent flyers to take advantage of this offer multiple times over the promotional period, provided each order meets the eligibility criteria.
How to redeem Qantas Points via Qantas Marketplace
Like the Qantas Rewards Store before it, frequent flyers can also opt to use Qantas Points to shop Qantas Marketplace products using Points Plus Pay.
Using Qantas Points in this way appears to deliver around 0.55 cents value per point -that’s significantly lower than the value that could be extracted when using points for premium reward flights and upgrades.
At the time of launch, Qantas Marketplace is running Points Plus Pay sales on selected products. By taking advantage of these sales, it could be possible to extract slightly higher redemption value when using points for purchases.
Points Club members are also eligible for an ongoing discount on the points required for purchases on Qantas Marketplace. There’s a 10 percent discount on offer for Points Club Plus members, and a 5 percent discount for Points Club members.
Qantas earning credit cards and Qantas Marketplace spend
Many Qantas Frequent Flyer members will be wondering whether purchases made via Qantas Marketplace are classified as ‘Qantas Products and Services’, for the purposes of Qantas co-brand cards that offer bonus points on this category of spend.
Qantas has advised us that purchases made via Qantas Marketplace may be eligible as qualifying Qantas spend, but it is at the individual card issuer’s discretion.
Essentially, cards that previously awarded bonus points for spend on the Qantas Rewards Store will continue to do so with spend on Qantas Marketplace. As an example, the Qantas Premier Card specifically calls this out in the T&Cs.
What about Qantas Shopping?
Qantas Shopping essentially functions as a cashback site, where the currency is Qantas Points.
Frequent Flyers can continue to earn Qantas Points when shopping at more than 450 online retailers through Qantas Shopping. However, there’s no ability to ‘double dip’ on benefits from both sites for a single transaction.
Rather, shoppers will need to make a decision on which site they will use to start and complete their purchase journey.
From an earning perspective, Qantas Marketplace presents a new opportunity for frequent flyers seeking to indulge in a spot of retail therapy, with a generous serving of Qantas Points on the side.
That said, the use of ‘Points Plus Pay‘ redemptions via Qantas Marketplace isn’t usually a good idea, with the value on offer here likely to be much lower than using points for flights and upgrades.
It’s positive to see Qantas invest in an improved standard earn rate on purchases while supporting a range of bespoke Australian brands, with a solid stable of 900 retailers at launch. Over time, we’d like to see Qantas Marketplace to expand its reach, with a number of retailers missing from the platform partnering with outside cashback and points-earning portals.
Finally, it is important to note that Qantas Marketplace can’t be used alongside external cashback sites and apps. Since many cashback sites feature brands that participate in Qantas Marketplace, shoppers should first undertake careful research on earn rates before deciding where to credit a transaction.
Will you be shopping via Qantas Marketplace?
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