Qantas now offers its frequent flyers the option to renew their Gold or Platinum status using frequent flyer points. Normally, Qantas Frequent Flyer Platinum members need to earn 1,200 status credits within a 12-month period to renew Qantas status. But if you don’t quite earn enough status credits during your membership year, you can renew for 120,000 Qantas Frequent Flyer points instead.
A similar deal is available to Qantas flyers with Gold status. Instead of earning the usual 600 status credits to requalify for Gold membership, it’s possible to renew by spending 80,000 Qantas points.
Qantas has been actively calling members towards the end of their membership years if they are a little short of the status credits needed to requalify for Gold or Platinum Qantas status. But even if you don’t receive an invitation, you may still be able to take up this offer by calling the Qantas Frequent Flyer Service Centre yourself. The standard price to renew Qantas status is 120,000 Qantas points for Platinum members or 80,000 Qantas points for Gold frequent flyers.
It is not known what criteria Qantas uses when deciding which Gold and Platinum members to contact. It is possible that you would need to have already earned a certain (unspecified) amount of status credits during the year to qualify for this offer. It’s also possible that the offer will only be made if you’ve already held your Qantas status for several years. Therefore, there are no guarantees that Qantas will allow every Gold or Platinum member to renew their status by redeeming frequent flyer points. In fact, it’s unlikely you’ll receive this offer if you’ve earned zero status credits during your current membership year or you’ve only held your current status for 1-2 years.
Some examples of offers received by AFF members
Numerous Platinum members have reported receiving the offer to renew Qantas status for 120,000 points. Most have not taken up the offer…
Looks like I’m going to fall around 280 credits short of retaining Platinum this year and will drop back to (lifetime) Gold for the first time in 10 years. Qantas rang today to offer me 12 more months Platinum for 120,000 points (just over 50% of my current balance) and I declined as I won’t be flying as much as I used to over the next 12 months.
120K was the extortion request I got. Ridiculous. I earned it the old fashioned way a month later (and the bookings were in place, and ticketed when the offer was made
Another AFF member was invited to spend 120,000 points to retain their Platinum status, even though they had already flown enough flights to requalify in their own right! At the time of the offer, some of the status credits from previous flights just hadn’t posted yet.
Is it worth spending 120,000 Qantas points to retain Platinum status?
Spending points to retain your Qantas status could be worthwhile if you’re well short of the status credits required. It’s also worth considering if you have more Qantas points than you can use, or can easily earn the points back using a credit card sign-up bonus.
On the other hand, 120,000 Qantas points can get you a lot of award flights or upgrades! To put it into perspective, 140,000 Qantas points is enough to book a Oneworld round-the-world award in Economy.
If you’re only a little short of status credits, it’s generally better value to keep the points and book a Qantas status run instead.
The end of complimentary Qantas status renewal
Qantas used to offer complimentary status renewal to loyal frequent flyers. The airline would reportedly consider the number of status credits you’d earned over the past three years in deciding whether to “comp” your status for another year. It appears that the new system of selling status renewal in exchange for frequent flyer points has replaced this.
Join the discussion on the Australian Frequent Flyer forum: Falling Short of Retaining Platinum – Qantas Points Offer