How Qantas Frequent Flyer Works
Qantas Frequent Flyer is Australia's largest loyalty program with more than 14 million members. You earn Qantas Points on flights, credit card spend, and through retail and utility partners, then redeem them for flights, upgrades and a wide catalogue of other rewards.
What Qantas Points Are Worth
In our valuation model — detailed in the points valuation guide — Qantas Points return 1.0–1.8 cents each. Economy redemptions sit at the bottom of that range; international business class sits at the top. That spread is why we say a 100,000-point bonus is "worth about $1,200": that's a realistic mid-range redemption, not the gift-card floor.
Best Ways to Earn
- Sign-up bonuses: the fastest haul. The Qantas Premier Platinum currently offers 100,000 bonus points (as at October 2026).
- Everyday card spend: 1.25 points per $1 on the Premier Platinum up to a $7,500 monthly cap.
- Flying and partners: Qantas and oneworld flights, plus retail partners, stack on top.
Best Ways to Redeem
Premium-cabin classic flight rewards deliver the highest cents-per-point value; upgrades are next. Gift cards and merchandise consistently return under 0.6 cents per point — avoid them unless points are expiring. See best travel redemptions for specific sweet spots, and Qantas vs Velocity if you're choosing an ecosystem.