Bonus Status Credits at the Qantas Rewards Store

Bonus Status Credits at the Qantas Rewards Store
Photo by Christin Hume on Unsplash.

Qantas Frequent Flyer members can earn up to 50 bonus status credits by redeeming points at the Qantas Rewards Store until 4 November 2021. This is the first time Qantas has given bonus status credits for spending points on gift cards, merchandise or products from its online redemption portal.

During this promotion, you would earn 10 status credits for every 20,000 Qantas points redeemed at the Qantas Rewards Store, up to a maximum of 50 status credits for spending 100,000 Qantas points.

You can make multiple transactions throughout this campaign. You’ll receive status credits based on the total number of Qantas points redeemed between 21 October and 4 November 2021. The bonus status credits will be based only on the number of points redeemed, so any cash component won’t count if you pay using money for part or all of your purchase/s.

Here’s the number of status credits you could earn:

  • Redeem 20,000-39,999 Qantas points to earn 10 bonus status credits
  • Redeem 40,000-59,999 Qantas points to earn 20 bonus status credits
  • Redeem 60,000-79,999 Qantas points to earn 30 bonus status credits
  • Redeem 80,000-99,999 Qantas points to earn 40 bonus status credits
  • Redeem 100,000+ Qantas points to earn 50 bonus status credits

Bonus status credits from this campaign will be awarded within 8 weeks of the promotion finishing and will be backdated to 8 November 2021. Status credits will not be awarded on returned or cancelled orders.

Status credits earned from this promotion should count towards lifetime status. But they won’t contribute to any Loyalty Bonus, Platinum Bonus Reward, Platinum One Bonus Reward or Status Accelerator/Challenge earn requirements. See the Qantas Rewards Store website for the full terms & conditions.

Is this a good deal?

If you’re just a little short of the status credits you need to climb to a higher Qantas status tier, you’re not able to fly at the moment, and you have more Qantas points than you know what to do with, this offer could be worthwhile. But there is a catch.

Unfortunately, redeeming for products, merchandise or gift cards from the Qantas Rewards Store is one of the worst value ways to redeem Qantas Frequent Flyer points!

When you redeem for a gift card at the Qantas Rewards Store, you could be getting as little as 0.42 cents worth of value per Qantas point.

Bunnings gift card redemption on the Qantas Rewards Store
You’d need to spend 23,170 Qantas points (plus postage) for a $100 Bunnings gift card. That’s more points than you would need for a Business Class flight from Melbourne to Sydney.

It’s a similar story when spending points on things like kitchen appliances. For example, this juicer costs 100,690 Qantas Frequent Flyer points…

Breville juicer redemption on the Qantas Rewards Store
A Breville juicer available on the Qantas Rewards Store.

But you could buy the same juicer from Bing Lee for $479. That means you’re spending 100,690 Qantas points to get $479 worth of value, or getting just 0.48 cents per point in value.

By comparison, you could get far more value for your hard-earned Qantas points by redeeming them for Classic Flight Rewards or upgrades! This chart shows the typical value of one Qantas point, depending on how it is redeemed:

Qantas points value chart
Approximate value of one Qantas point, depending on how it is redeemed.

That said, some AFF members do see value in this offer. The Qantas Rewards Store is also giving some discounts on Qantas merchandise, Pierre Cardin bags & wallets, and selected watches, until 28 October 2021. But a discount off a high price is still a slightly less high price.

If you happen to be a Qantas Points Club member, you could alternatively earn status credits when flying on Qantas Classic Flight Rewards booked using points. That method would also generally earn you more status credits for a lower number of points, compared to this Qantas Rewards Store offer.

If your current Qantas Frequent Flyer status is due to expire between now and June 2022, remember that you can extend your status by simply booking a new Qantas flight by the end of your current membership year, for travel until 30 June 2022. If this applies to you and you just want to maintain your current Qantas status, there’s no need to waste your points on this offer!

This Qantas Rewards Store promotion is the latest in a series of promotions Qantas has been running during COVID-19 to allow members to earn status credits on the ground. Other recent offers included promotions with BP, Qantas Health Insurance, Qantas Wine and the Qantas Premier Platinum credit card – although these have all now expired.

Join the discussion on the Australian Frequent Flyer forum: Up to 50 SCs for shopping at the Qantas Store

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Matt Graham
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 60 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil, New Zealand & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can contact Matt at [email protected]