Potentially, however Points Club does exactly that - only a small portion of flying points count (thus incentivising on-the-ground earn). They could have just reduced the threshold to counter the new operating environment, however they’ve done the sums and figured this is more financially lucrative.Having to pay an AF on a card that will otherwise be placed in the sock drawer to get SC earn on award flights is annoying, but Qantas had to do something to get people to hold a QF-earning CC post interchange changes. They're facing a massive drop-off in CC usage, so this is one way to slow the bleed.
It would be wild however if this wasn’t a feature of their own credit card offering.
