Qantas Quietly Devalues Classic Plus Redemptions

Qantas A380 Premium Economy cabin
Qantas Premium Economy on the Airbus A380. Photo: Qantas.

Qantas has quietly reduced the value you get when redeeming Qantas Frequent Flyer points for Classic Plus tickets in international premium cabins.

Qantas first introduced Classic Plus redemptions last year, in response to complaints about a lack of reward seat availability. Unlike regular Classic Flight Rewards, which cost a fixed number of points, Classic Plus pricing is dynamic and tied to the cost of a commercial ticket. That means that more expensive flights will cost more points, but the trade-off is a higher level of availability.

Initially, when you used Qantas Points for an Economy Classic Plus redemption, you’d get exactly 1 cent worth of “value” per point. International redemptions in Premium Economy, Business and First Class would get you 1.5 cents of value, while domestic Business Class gets 1.25 cents per point.

Quiet change to international premium cabin pricing

Sometime in the last month, Qantas decreased the value you get when redeeming points for Classic Plus redemptions on international flights in Premium Economy, Business or First Class. Instead of converting the cash fare to points at a rate of 1.5 cents per Qantas Point, the airline now uses a rate of 1.25 cents per point.

It made this change without telling anyone.

This brings international premium cabin bookings in line with the “value” you get redeeming on domestic flights.

Qantas MEL-AKL reward seat pricing
An example of the new Classic Plus redemption pricing on the MEL-AKL route, when booking on the Qantas website.

The two reasons why this is disappointing

This change is disappointing for two reasons.

The obvious reason is that these particular redemptions are now 20% more expensive.

But the second reason, and the one that personally concerns me more, is that this shows that Qantas Frequent Flyer can and will just change the “value” of its Classic Plus redemptions at any time – without giving any notice. That’s bad news for members.

In fairness to Qantas, it doesn’t publicly state that a Classic Plus redemption will get you any particular value. I guess we know now why Qantas doesn’t want to give that level of information to its members – it would hold them more accountable when they make changes like this.

Qantas increased Classic reward prices last month

It’s now a month since Qantas also increased the number of points members need for Classic Flight Reward and Classic Upgrade rewards by up to 20%. It also increased the carrier charges payable on Qantas international Classic Reward flights in premium cabins. However, Qantas did at least give plenty of notice about those changes.

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Very disappointed that Qantas has already devalued Classic Plus, just a year after launch!

For those who aren’t aware, 1 point now = 1.25 cents for redemptions in international premium cabins, down from 1.5 cents previously.

It’s really poor form making this devaluation so quickly. It shakes your confidence in the program and makes you wonder how soon they’ll do another deval.

I was one of the more optimistic people about CR+ in this thread (and in fact am in LA right now on a CR+ booking - as discussed in the previous post), and I was planning to ramp up my Qantas Points earn, but now I’m seriously having second thoughts.

I could probably get the same value using Amex Membership Rewards points to pay for flights in lieu of cash with other (cheaper) oneworld airlines and still earn Qantas SCs.

So annoyed, Qantas!

Was this something they had forewarned of, or you've just found out in looking at some options? I don't recall seeing anything about the CR+ rate shifting, but looking at some trans-Tasman J saver fares after reading your post, it does certainly look like it's at 1.25c now

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Was this something they had forewarned of, or you've just found out in looking at some options? I don't recall seeing anything about the CR+ rate shifting, but looking at some trans-Tasman J saver fares after reading your post, it does certainly look like it's at 1.25c now

They haven’t said anything about it, and they don’t have to since the conversion rate isn’t formal or published anywhere.

The change just feels like a money grab tbh

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They haven’t said anything about it, and they don’t have to since the conversion rate isn’t formal or published anywhere.

The change just feels like a money grab tbh

Yeah, ok - I thought it was published at the launch, but maybe that was just the bloggers and the press putting that out there

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Very disappointed that Qantas has already devalued Classic Plus, just a year after launch!

For those who aren’t aware, 1 point now = 1.25 cents for redemptions in international premium cabins, down from 1.5 cents previously.

It’s really poor form making this devaluation so quickly. It shakes your confidence in the program and makes you wonder how soon they’ll do another deval.

I was one of the more optimistic people about CR+ in this thread (and in fact am in LA right now on a CR+ booking - as discussed in the previous post), and I was planning to ramp up my Qantas Points earn, but now I’m seriously having second thoughts.

I could probably get the same value using Amex Membership Rewards points to pay for flights in lieu of cash with other (cheaper) oneworld airlines and still earn Qantas SCs.

So annoyed, Qantas!

If true, it makes sense. Qantas devalued classic rewards, so it had to devalue classic plus in order to maintain some separation between them. As I've said on many posts (and other valuations agree), Qantas points following the devaluation are only worth about 1.5-2c on international long-haul J flights these days. You can't have classic plus, with their far greater availability, basically fall into the bottom end of that spectrum.

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For those who aren’t aware, 1 point now = 1.25 cents for redemptions in international premium cabins, down from 1.5 cents previously.

Thanks, we hate it.

And I do, but my god, you really have to hand it to them. QF's PR machine is top-shelf. Splash a promo and some "rewards" that don't really reward many people at all around on the day you report another massive profit, and perhaps seize the distraction to also quietly devalue an already poorer-value product to further prop up the balance sheet thanks to being able to write down the value of QFF points.

They certainly know what they're doing.

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I'm surprised AFF hasn't put out an article on it.

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Seems like the change was made over a month ago. I was able to find 2 x J classic rewards seats ADL-SYD-SCL for March 2026, but nothing for the return, so booked classic plus for that. The classic plus worked out at 1.23 cents per point when I booked on 30 July, and 1.25 cents per point when just looking at the SYD-SCL component.

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Not surprising given the turbo-charged airline wide cost cutting and price hiking in the last year.
Everything from in-flight meals, reduced meal options in lounges, right down to no paper towels in the lounge bathrooms!
The price gouging that was going on last month did it for me. We had a death in the family so lots of people flying up to Darwin from Melbourne and Canberra, reasonable notice so not trying to book next day flights or anything, and they were charging Y tickets over $2000 one way or $3000 return from southern capitals... ECONOMY!
Flights that are typically about $800-900 RETURN (which is already pretty obscene for a four hour flight that is always full) have no justification for those prices. And it's not like they couldn't just add an extra 737 flight or switch a few A330 flights if demand was supposedly so astronomical; They've got no problems putting an A380 flying between Bendigo and Orange as soon as a new competitor comes into the market though... 🙄

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If true, it makes sense. Qantas devalued classic rewards, so it had to devalue classic plus in order to maintain some separation between them. As I've said on many posts (and other valuations agree), Qantas points following the devaluation are only worth about 1.5-2c on international long-haul J flights these days. You can't have classic plus, with their far greater availability, basically fall into the bottom end of that spectrum.

My theory was that Qantas wanted to narrow the gap between CR and CR+ in order to eventually phase out CR completely. I guess that’s not the case.

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CR availability is so bad these days it's effectively phased them out already.

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