Up to 150,000 Qantas Points when you sign up with Pepperstone

[blacksultan]

This equals to 2,500 trades, right?



So upon joining you need to deposit $10,000 to earn 100,000 points? Presumably there is no fee/limited fee for pushing this back into your account? Does everyone remember when you could deposit into IG with a credit card through Paypal and not pay a cash advance fee – I wonder if their systems will be as inept? Their FAQ suggests they accept Paypal... paging @Dr Ralph

I believe you need to deposit $10 k and have 5 trades to receive the 100 k points

 

[Danger]

I believe you need to deposit $10 k and have 5 trades to receive the 100 k points

That's my reading of it, although it could definitely be clearer.

 

[singster]

Did you or anyone else actually try this ?

Not yet. Will try it this week. Someone in another forum suggest doing lots of small trades over a month, rather than only 4 trades/5 lots (to qualify for the 100k points) ... This should reduce the risk of Pepperstone wriggling out of it with the good faith clause.

 

[glasszon]

Unless Pepperstone is a member of FOS I will give this a pass, I would expect a major fight for the QF points payout unless you do lots of trading with them.

 

[calgarychris]

This equals to 2,500 trades, right?



So upon joining you need to deposit $10,000 to earn 100,000 points? Presumably there is no fee/limited fee for pushing this back into your account? Does everyone remember when you could deposit into IG with a credit card through Paypal and not pay a cash advance fee – I wonder if their systems will be as inept? Their FAQ suggests they accept Paypal... paging @Dr Ralph

They accept Paypal but it only pulls from bank accounts (similar to the "corrected" IG accounts). Went down that road when IG dried up....

 

[singster]

Unless Pepperstone is a member of FOS I will give this a pass, I would expect a major fight for the QF points payout unless you do lots of trading with them.

Are you speaking from personal experience with them or just speculating? People on other forums received points from earlier promos ... but that wasn't 100k points.

 

[Danger]

What's the minimum trade size?

 

[glasszon]

Are you speaking from personal experience with them or just speculating? People on other forums received points from earlier promos ... but that wasn't 100k points.

I am speculating, I have never dealt with Pepperstone before.

 

[cove]

I use Bell FX as best pricing comes first. There is no room for points if the trade is on tight margins.

 

[blacksultan]

Not yet. Will try it this week. Someone in another forum suggest doing lots of small trades over a month, rather than only 4 trades/5 lots (to qualify for the 100k points) ... This should reduce the risk of Pepperstone wriggling out of it with the good faith clause.

Do let us know how you go!

 

[Danger]

Did anyone have a crack at this?

 

[HTG2016]

Look like offer end 31st Aug

 

[Danger]

The Qantas first deposit offer is ongoing.

How To Receive The Qantas First Deposit Bonus

The minimum trade value is $1k.

 

[hammockman]

Ok, posting an update as it may be useful for anyone who would consider a promo like this in the future.

I approached it with two big point hauls in mind:

1) maximising the initial deposit bonus, i.e. depositing $10 000 to receive 100 000 Qantas points
2) acheiving a minimum spend ($3000) on a credit card to receive 75 000 points

Step 1 has been acheived with a very marginal sub-$100 profit (more on this below...) with a deposit made at the start of august, minimum lots traded (5 x full lots) by mid-August and bonus points received at around the start of October.

Step 2 was acheived at an opportunity cost of about $350, which was the card fee plus purchase interest for the $10 000 deposit amount in my trading account (60 days for most of the funds).

So this was certainly one of those 'opportunities' that stretched my comfort levels with the hobby... because for me forex trading felt like pure gambling with all the highs and lows that go with it. I've never been a gambler but this experience sure showed me my inner gambler.

Without going into all the gory details, I first acheived the minimum trade requirements quite early with even a decent small profit of a few hundred dollars, only to continue to attempt to bite from that cherry... Then over the past couple of months at various points I hit realised losses of $1000+ and paper losses beyond of almost $2000 at one point...

Well I gradually gained some skill/luck and took some pretty big risks to trade my way back to break even and now I'm out.

Given the amount of trades I made to reach this point I'm sure pepperstone have come out ahead in terms of the bonus points. I on the other hand got my huge swag of points and just scraped through with my sanity and bank account balance restored.

 

[coles525]

Has anyone recieved the lated trading points for Dec yet? (Trades in november).

I'm hopefilly waiting for my 100k bonus points. Deposit $10k (1st deposit) & 5x fill trades.

I was told that 1st "full trade" must be done in the 1st month, then next 4 can be completed anytime.

I can't remember the exact date of 5th completed trade, as per the wait 30 days rule.

 

[coles525]

Bump. I spoke with them early in the week, which I was told that members should receive points today (Fri Dec 14th).

Has anyone recieved the lated trading points for Dec yet? (Trades in november).

I'm hopefilly waiting for my 100k bonus points. Deposit $10k (1st deposit) & 5x fill trades.

I was told that 1st "full trade" must be done in the 1st month, then next 4 can be completed anytime.

I can't remember the exact date of 5th completed trade, as per the wait 30 days rule.

 

[coles525]

Not at all pleased, I have received just 10k in points for opening my account, doing 5 full trades, and waiting the required length of time.

I have emailed a query yesterday (no reply yet), then made phone contact before 6pm tonight (person is on another call, will ring you back).

Not holding my breath for a quick reply or answer!

Will paste different rules below which I have highlighted.

 

[coles525]

How To Receive The Qantas First Deposit Bonus

How To Receive The Qantas First Deposit Bonus

Posted on: 30 June 2016 , by: Pepperstone Support , category: Qantas

To receive the First Deposit Offer under the Qantas Frequent Flyer promotion, it is important that you sign up under the Qantas Frequent Flyer promotion and that your account application meets the requirements for eligibility.

Currently, Australian clients with an individual trading account that is not held under under managed funds and/or on-boarded through rebate provided by Introducing Brokers. For full details on account eligibility, please refer to our Qantas Terms & Conditions.

If you meet the eligibility requirements to earn Qantas Points with Pepperstone, please sign up for an account on the Qantas First Deposit Bonus page.

When your account is opened and your ID has been approved, please ensure you link your accounts by adding your Qantas Frequent Flyer number on the Rewards tab in Secure Client Area.

Important: you need to link your Qantas Frequent Flyer membership before you make your first deposit, otherwise you will not receive any Qantas Points for the signup bonus.

The First Deposit Offer is to earn 10 Qantas Points per AU$1 deposited into the individual Pepperstone trading account, up to a maximum of 10,000 Qantas Points, on an Eligible Client’s first deposit, subject to the following conditions: This offer is only available to new Eligible Clients who have not previously held a funded trading account at Pepperstone. Eligible Clients must trade 5 full FX lots on Major currency pairs (AUDUSD, EURUSD, GBPUSD, USDCHF, USDJPY), Minor currency pairs (AUDCAD, AUDCHF, AUDNZD, AUDSGD, EURAUD, EURCHF, EURGBP, GBPAUD, GBPCHF, NZDUSD) or Crosses (CADCHF, EURCAD, EURNZD, GBPCAD, GBPNZD, USDCAD, AUDJPY, CADJPY, CHFJPY, EURJPY, GBPJPY, NZDJPY), excluding Exotics, Commodities, Indices and Futures, as defined here. Qantas Points earned on the First Deposit Offer will be allocated at the beginning of the subsequent calendar month, a minimum of thirty (30) days after the fifth (5th) full FX lot is traded - which is essentially the start of the month, two calendar months after you close your 5th full FX lot.

 

[coles525]

Email received in July 2018

Where could 150,000 Qantas Points take you this winter?

Dear Coles525,


For a limited time, you could earn up to 150,000 bonus Qantas Points when you trade Forex with Pepperstone!* That's enough points for a one-way Qantas Economy Classic Flight Reward from Sydney to London (plus taxes, fees and carrier charges of $240).~

It's easy to earn Qantas Points when you open a live trading account with Pepperstone and link your Qantas Frequent Flyer number. New eligible Pepperstone clients can earn:

- 20 bonus Qantas Points per FX lot traded up to maximum of 50,000 bonus Qantas Points from 16 July to 31 August 2018+
- 10 bonus Qantas Points per AU$1 deposited on their initial deposit up to a maximum of 100,000 Qantas Points.^ (5 full FX lots must be traded to qualify).

Earning Qantas Points is in addition to Pepperstone's ultra-low spreads, industry leading trading conditions, superior trading technology and fee free funding.

Get started now and take your Forex trading to new heights!


You have received this email because you are subscribed to Qantas Frequent Flyer 'Exclusive offers from our program partners' emails. To unsubscribe from 'Exclusive offers from our program partners' emails only, Click here.

To view and update the full list of Qantas Frequent Flyer email types that you are currently subscribed to, log in to Your Profile at qantas.com

Sent by Qantas Airways Limited (ABN 16 009 661 901). Australian headquarters: 10 Bourke Road, Mascot, NSW 2020.


Important information

Risk Warning: CFDs and margin FX are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You do not own, or have any rights to, the underlying assets. You should only trade with money you can afford to lose. Past performance is no guarantee of future performance and tax laws may be subject to change. Please consider our Risk Disclosure Statement, PDS and FSG and ensure that you fully understand the risks involved in light of your personal circumstances before you decide whether to acquire our services. We encourage you to seek independent advice if necessary.

You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee usually applies. However, complimentary membership is available from Pepperstone if you join at qantas.com/joinffpepperstone. Membership and points are subject to the terms and conditions of the Qantas Frequent Flyer program. Qantas Frequent Flyer members who are Pepperstone account holders residing in Australia ("Eligible Clients") can earn Qantas Points. Qantas Points will only be earned on new trades placed after the Eligible Client has successfully linked their Qantas Frequent Flyer and Pepperstone accounts.

Pepperstone account holders under managed funds and/or on-boarded through rebate provided by Introducing Brokers are not eligible to earn Qantas Points. Qantas Points are earned in accordance with the Pepperstone Qantas Rewards Program Terms and Conditions.

*

The promotional period runs from 16 July to 31 August 2018. This promotion is only available to new Pepperstone clients who open an account during the promotional period. Eligible clients will earn 20 bonus Qantas Points per Forex lot traded up to a maximum of 50,000 bonus Qantas Points during the promotional period and will earn 10 Qantas Points per AU$1 deposited on their initial deposit up to a maximum of 100,000 Qantas Points. Subsequent deposits will not be eligible for this promotion. Earning Qantas Points is subject to the Pepperstone Qantas Rewards Program Terms and Conditions. This promotion is not transferable to other account holders and is not redeemable for cash. Pepperstone reserves the right to change these Terms and Conditions at any time without notice. This promotion cannot be used in conjunction with any other Pepperstone promotion. General Pepperstone Terms and Conditions apply.

~

Classic Flight Rewards seats are subject to capacity controls, availability is limited, and some flights may not have any Classic Flight Reward seats available. A one-way Qantas Economy Classic Flight Reward from Sydney to London is 60,000 Qantas Points plus taxes, fees and carrier charges of $240 accurate as at 27 July 2018, but may vary at the time of booking. For more information, visit qantas.com/classicflightrewards

+

Eligible Clients will earn 20 bonus Qantas Points for every full eligible FX lot traded, up to a maximum of 50,000 bonus Qantas Points per calendar month, subject to the following conditions:

· Qantas Points will only be earned on FX trades on Major currency pairs (AUDUSD, EURUSD, GBPUSD, USDCHF, USDJPY), Minor currency pairs (AUDCAD, AUDCHF, AUDNZD, AUDSGD, EURAUD, EURCHF, EURGBP, GBPAUD, GBPCHF, NZDUSD) and Crosses (CADCHF, EURCAD, EURNZD, GBPCAD, GBPNZD, USDCAD, AUDJPY, CADJPY, CHFJPY, EURJPY, GBPJPY, NZDJPY). Qantas Points will not be earned on Exotics, Commodities, Indices and Futures trades, AS DEFINED HERE.

· Total FX lots traded at the end of the calendar month will be rounded to the nearest 0.2 FX lots and then credited to Eligible Clients.

· Qantas Points will be credited to the Qantas Frequent Flyer account monthly for the previous month’s closed trades.

· Qantas Points will only be earned on new trades placed after the Eligible Client has successfully linked their Qantas Frequent Flyer and Pepperstone accounts.

Pepperstone reserves the right to increase or decrease the number of Qantas Points earned for every one full FX lot traded at its discretion. Details of any such increase or decrease will be DEFINED HERE.

^

The First Deposit Offer is to earn 10 Qantas Points per AU $ 1 deposited into the individual Pepperstone trading account, up to a maximum of 100,000 Qantas Points, on an Eligible Client's first deposit, subject to the following conditions:

· This offer is only available to new Eligible Clients who have not previously held a funded trading account at Pepperstone.

· Pepperstone reserves the right to extend the First Deposit Offer to existing Clients who have previously held a funded trading account with Pepperstone at its discretion. Existing Clients eligible will be notified via email or phone.

· Eligible Clients must trade 5 full FX lots on Major currency pairs (AUDUSD, EURUSD, GBPUSD, USDCHF, USDJPY), Minor currency pairs (AUDCAD, AUDCHF, AUDNZD, AUDSGD, EURAUD, EURCHF, EURGBP, GBPAUD, GBPCHF, NZDUSD) or Crosses (CADCHF, EURCAD, EURNZD, GBPCAD, GBPNZD, USDCAD, AUDJPY, CADJPY, CHFJPY, EURJPY, GBPJPY, NZDJPY), excluding Exotics, Commodities, Indices and Futures, AS DEFINED HERE.

· Qantas Points earned on the First Deposit Offer will be allocated at the beginning of the subsequent calendar month, a minimum of thirty (30) days after the fifth (5th) full FX lot is traded.

· This offer can only be claimed once per household.

· Eligible trades must be open for a minimum of five minutes.

· Trades must be placed by the individual who is participating in this offer.

This promotion is not transferable to other account holders and is not redeemable for cash. This offer cannot be used in conjunction with any other Pepperstone promotion. General Pepperstone Terms and Conditions apply.

 

[hammockman]

Not at all pleased, I have received just 10k in points for opening my account, doing 5 full trades, and waiting the required length of time.

I have emailed a query yesterday (no reply yet), then made phone contact before 6pm tonight (person is on another call, will ring you back).

Not holding my breath for a quick reply or answer!

Will paste different rules below which I have highlighted.

The original promo had a deadline for application and deposit which was in the terms and conditions at that time, did you sign up then or more recently?