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How Qantas & Velocity Point Values Have Changed Over Time is an article written by the AFF editorial team:
You can leave a comment or discuss this topic below.
You can leave a comment or discuss this topic below.
The value of the points may not have decreased but the opportunity to use them certainly has. Try getting a flight out of Perth to Europe and you'll be met with a blank screen. Maybe the ACC should have a closer look at these issues as well/How Qantas & Velocity Point Values Have Changed Over Time is an article written by the AFF editorial team:
You can leave a comment or discuss this topic below.
I think you have highlighted the difference between ‘base’ or ‘classic’ awards and those which are ‘anytime’ points+pay seats. The later is any revenue seat converted in to points, which is what the velocity seat is. A classic or true award would only have been 65,000 points each way.In 2015, my wife and I flew return from Perth to Rome, business class, on Emirates which cost us 500,000 Qantas Frequent Flyer points. This year, my daughter flew Qatar, economy class, from Perth to Amsterdam return and it cost 500,000 Velocity points. That's how much things have changed!
I also forgot to add that it cost $1200 on top of that because she was flying on July 4th, the absolute peak of the season! Poor use of points by any measure, you would agree.I think you have highlighted the difference between ‘base’ or ‘classic’ awards and those which are ‘anytime’ points+pay seats. The later is any revenue seat converted in to points, which is what the velocity seat is. A classic or true award would only have been 65,000 points each way.
That's not a reward seat...using 500,000 points for that is, sorry to say, madness!In 2015, my wife and I flew return from Perth to Rome, business class, on Emirates which cost us 500,000 Qantas Frequent Flyer points. This year, my daughter flew Qatar, economy class, from Perth to Amsterdam return and it cost 500,000 Velocity points. That's how much things have changed!
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Yes, but... everyone values points differently. If you saved $2000 some would argue better to have the cash in hand than points which are essentially worth nothing!I also forgot to add that it cost $1200 on top of that because she was flying on July 4th, the absolute peak of the season! Poor use of points by any measure, you would agree.
I didn't buy the ticket until two weeks before the flight, so I had no choice.That's not a reward seat...using 500,000 points for that is, sorry to say, madness!
This is how much a oneway economy reward would be.
View attachment 352122
...and business class:
View attachment 352123
Yes, that was in fact my justification at the time.Yes, but... everyone values points differently. If you saved $2000 some would argue better to have the cash in hand than points which are essentially worth nothing!
If you redeem 500K points to save $2,000, you are almost certainly going backwards — for anyone except a pure credit card churner, those 500K points would have cost more than $2,000 to acquire (in the form of credit card annual fees, credit card surcharges, choosing Qantas points over WW dollars, etc).Yes, but... everyone values points differently. If you saved $2000 some would argue better to have the cash in hand than points which are essentially worth nothing!
150,000 of them came from an American Express deal and the rest were double or triple FlyBuys points on a Coles Mastercard. But, yes, I take your point.If you redeem 500K points to save $2,000, you are almost certainly going backwards — for anyone except a pure credit card churner, those 500K points would have cost more than $2,000 to acquire (in the form of credit card annual fees, credit card surcharges, choosing Qantas points over WW dollars, etc).
Sooooo… how much was the cash fare? (just out of interest since we’re talking about it now!)150,000 of them came from an American Express deal and the rest were double or triple FlyBuys points on a Coles Mastercard. But, yes, I take your point.
So, next time she is flying to Europe, message me!I've tried to blot the whole terrible episode out of my mind, but from memory I recall it being around $2800.
So that was the choice. Pay $2800...or use enough points to book 2 x rtn in business.I've tried to blot the whole terrible episode out of my mind, but from memory I recall it being around $2800.
And in the meantime, Qantas makes it virtually impossible for customers to use their points for anything useful.Helpfully shows you that QF points collectors are on borrowed time. The program is ripe for devaluation. The only thing saving it is the recent chaos. Once that news cycle is done, I'm sure it'll be on the cards. My guess would be a late 2024 to early 2025 announcement.
Yes, it was my bad because I left the purchase to the last minute and no rewards seats were available.So that was the choice. Pay $2800...or use enough points to book 2 x rtn in business.
Yes, I made a big mistake which is why I joined AFF.So, next time ahe is flying to Europe, message me!
I will pay cash for her fare and you can bung me the 500,000 points.
Welcome to AFF, by the way.
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