Qantas offering 20% point transfer bonus [targeted]

A guide to Qantas Points transfer promotions from bank rewards programs

GUIDE: Earning Points
DIFFICULTY: Intermediate
TIME TO READ: 3 minutes
POSTED: December 24, 2019
UPDATED: December 24, 2019
LOYALTY PROGRAMS: Qantas Frequent Flyer

American Express and Qantas Frequent Flyer are running a 20% bonus on transfers from Membership Rewards cards like the Amex Platinum Edge and Platinum Charge.

Qantas run these promotions every three months or so. However, the last time we saw a promotion was just last month.

For transfers of under 500,000 points, this is the best offer we’ve seen since August 2018. For transfers of over 500,000 points, this offer is below average.

These bonuses help to offset some of Qantas’ higher points redemption pricing compared to their competitors like Asia Miles. They’d also be good for transferring over if you have one of the best uses of Qantas Points in mind, such as for Emirates First or Business Class.

Emirates First Class Cabin
Emirates First Class

The current bonus offer

  • 20% flat bonus on transfers of all amounts
Qantas Promo Offer Banner

The offer runs until 30 December. There is no public offer page. I got an email about it, so check your inbox to make sure you’re eligible.

Bonus points may take up to 15 days after the promotion ends to credit to your account, i.e. first half of January, so keep that in mind if you have a specific redemption to book.

Learn how to connect your Qantas account to Membership Rewards, and how to transfer points.

These transfer bonus promotions are targeted (sort of)

The transfer bonus offer is usually targeted to members who have previously made a transfer. Qantas does not tend to publish the deal details online (maybe due to the limited potential uptake for it).

Emails (or snail mail) are usually sent to everyone who is eligible, and members that receive them are usually those who have made a transfer to Qantas Points from their credit card in the past.

Emails usually explicitly state something to this effect:

This offer is available to members who have previously transferred reward points earned on a credit or charge card to Qantas Points and received an email and/or letter with the above offer and should not be shared.

If you have an American Express Membership Rewards card, it might be worth making a small transfer to Qantas outside of a bonus period so you have a greater chance of being included in the next promotion. No guarantees, but it is worth a shot.

Cards that can transfer—not sweep—points to Qantas

Firstly, some definitions— direct-sweep cards move your points earned each month over to Qantas on a regular basis. This is the case for Qantas-linked credit or debit cards like the legacy ANZ Qantas cards, and the Qantas Cash Card.

Points transfers are initiated by you to the bank, made on-demand, and credit your Qantas account within a couple of days. There are two cards on the market in NZ that allow this functionality – the American Express Platinum Edge and American Express Platinum Charge.

The American Express Platinum Edge earns points into the American Express Membership Rewards programme, and offers triple points at major supermarkets and double points at major petrol stations – so there are plenty of opportunities to fast track your points earn through your everyday spend.

American Express Platinum Edge - 20,000 Membership Rewards points

American Express are offering 20,000 Membership Rewards points for new Platinum Edge Card Members. The card comes with a complimentary domestic Air NZ flight as a regular benefit each year and earns bonus points on spend at major supermarkets and petrol stations.

  • 20,000 Membership Rewards points, when you apply online, are approved and spend $750 within the first three months of becoming a Card Member
  • Earn 3 Membership Rewards Points per dollar spent at supermarkets, 2 Rewards points at major petrol stations and 1 Rewards point on all other purchases
  • Complimentary annual domestic Air NZ return flight
  • Complimentary insurances (PDS)
  • Ability to transfer points to any of their seven airline partner rewards programmes
  • Annual fee: $149 p.a.
  • Card Members who currently hold or who have previously held any other Card product offered by American Express International (NZ), Inc. in the preceding 12 month period are ineligible for this offer

Find out more or apply →

Point Hacks may receive a commission from the card issuer for each applicant of this card. More about this →

The American Express Platinum Charge is going to be out of reach for most people with a $1,250 annual fee but can earn you a heap of points—with Qantas or otherwise—if you can put a lot of spend through it.

American Express Platinum Charge - 80,000 Membership Rewards Bonus Points

The American Express Platinum Charge card has 80,000 Membership Rewards Bonus Points on offer with a $1,250 fee, along with a lot of perks and benefits. Read the Point Hacks guide for the full rundown.

  • 80,000 Membership Rewards Bonus Points
  • $200 travel credit annually
  • Earn 2 Membership Rewards points per dollar
  • Complimentary Priority Pass membership
  • Complimentary Accor Plus programme membership extended to April 2021
  • $1,250 p.a. annual fee
  • Spend $1500 within the first 3 months to get the bonus

Find out more or apply →

oint Hacks may receive a commission from the card issuer for each applicant of this card. More about this →

Offer history

DatesOffersNotes
December 201920% bonus on all transfers
November 201915% bonus up to 499,000 points
25% bonus over 500,000 points
October 201920% bonus on all transfersNot targeted
June 201915% bonus up to 500,000 points
20% bonus over 500,000 points
30% bonus over 2 million points
April 201915% bonus up to 500,000 points
25% bonus over 500,000 points
40% bonus over 2 million points
January-February 201915% bonus up to 500,000 points
25% bonus over 500,000 points
40% bonus over 2 million points
November-December 201815% bonus up to 500,000 points
25% bonus over 500,000 points
45% bonus over 2 million points
August 201820% on all transfers
June 201815% bonus up to 350,000 points
25% bonus over 350,000 points
40% bonus over 1.25 million points
March 201815% bonus up to 350,000 points
25% bonus over 350,000 points
40% bonus over 1.25 million points
November 201715% bonus up to 100,000 points
25% bonus over 100,000 points
35% bonus over 1 million points
September 201715% bonus up to 100,000 points
20% bonus over 100,000 points
30% bonus over 1 million points
May-June 201725% bonus up to 1,250,000 points
40% over 1,250,000 points
March 201715% up to 350,000 points
25% over 350,000 points
30% over 1 million points
December 201630% on all transfers
November 201615% up to 350,000 points
25% over 350,000 points
30% over 1 million points
August 201610% up to 100,000 points
15% over 100,000 points
20% over 500,000 points
25% over 1 million points
June 201615% up to 100,000 points
20% over 100,000 points
25% over 500,000 points
30% over 1 million points
not known if targeted
March 201615% up to 350,000 points
20% over 350,000
not known if targeted
December 201515% up to 350,000 points
20% over 350,000 points
not known if targeted
September 201515% up to 300,000 points
20% over 300,000 points
not known if targeted
June 201515% up to 300,000 points
20% over 300,000 points
March 201515% on all transfers
August 201415% on all transfers

Summing up: should you take advantage of the transfer bonus?

Each time this offer comes around it seems to be on a short-term basis, and with little predictability. Either way, it’s useful for those who have points balances they can transfer to Qantas – and another great reason to grab yourself an American Express.

The deal is particularly useful for those who have recently acquired a premium card like the American Express Platinum Charge and received the 80,000 bonus Membership Rewards points – this offer boosts their value by 20% if transferring these to Qantas.

However, there are better-value redemptions available from other programs like KrisFlyer and Asia Miles if you are willing to go looking.

Qantas offering 20% point transfer bonus [targeted] was last modified: December 24th, 2019 by Daniel Kinnoch