While biased towards Qantas, this article does have some interesting points. Obviously Qantas has been working hard on selling the good parts of their plan.
Turning point - Planning - Money - Business - Home - smh.com.au
Turning point - Planning - Money - Business - Home - smh.com.au
QFF chief executive Simon Hickey says: "We have had problems where different card issuers converted reward points from their programs to frequent flyer points at different rates.
"A lot of members did not know that the conversion rate could vary. Now one point is one point. We also had problems with issuers putting restrictions, such as minimum points, around points transfers. There were too many complications."
"Based on what we have seen so far, and our research, we are going to see about 50 per cent of QFF participants take a direct earn card or option," Hickey says. "So far 25 per cent of the people who have taken up the direct earn offer are people who have never transferred credit card points to us before. It is a very strong response."
Comparative research by MWE Consulting says the QFF program offers the greatest potential shopping voucher and travel rewards for almost all consumers. "This is due to the strong earn and redeem proposition," the findings say. "Qantas has the broadest overall scope and number of reward partners. The ability to earn reward points will be widened by the forthcoming inclusion of the Woolworths Everyday Rewards scheme.
"The domestic and international flight options available through Qantas and the affiliated OneWorld partners is considered the broadest."