Qantas Frequent Flyer is running another 15-25% Bonus on transfers from credit cards that allow manual transfers to Qantas Points. But now, you can also earn bonus Status Credits with transfers too!

Note: this offer excludes most cards except American Express Membership Rewards Ascent Premium and Business Ascent, ANZ Business Rewards and Westpac Altitude Business cards.

That’s because the vast majority of Qantas Frequent Flyer co-branded cards are direct earn, which means points are swept to your account every month. These offers don’t apply to direct earn cards.

The current 15-25% bonus is better than usual, but it’s probably not worth speculatively transferring your points over. If you do have a specific redemption in mind though, this will save you some points.

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.

The current bonus offer

• 15% bonus on transfers of up to 299,999 points
• 25% bonus on transfers of 300,000+ points
• 1 Status Credit for every 5,000 Qantas Points transferred (up to 150)

To reach the maximum 150 bonus Status Credits with this offer, you would need to transfer over at least 750,000 Qantas Points (earning an extra 187,500 Qantas Points in the process).

Bonus Status Credits will not contribute towards any Loyalty Bonuses, or any Platinum or Platinum One Bonus Rewards. However, it will count to your current and lifetime Status Credits levels.

The offer runs until 30 November 2020. You can view the offer through this link, though it mentions you should also be targeted with an email as well.

Bonus points may take up to 15 days after the promotion ends to credit to your account, so keep that in mind if you have a specific flight booking with points that you want to make.

Am I eligible to take part in this promotion?

The transfer bonus offer is usually targeted to members who have previously made a transfer. While Qantas has published the deal online, you should also check your email and physical mail to see if you’ve received specific communication about 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.

If you are a member of an eligible card/bank rewards program, 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.

What cards are eligible for this offer?

As we mentioned earlier, only cards that allow you to earn bank points and then later transfer them to Qantas are eligible for this promotion. This includes the following:

• American Express Centurion
• ANZ Business Rewards cards
• American Express Platinum Charge
• Westpac Altitude Business Platinum and Business Gold
• American Express Business Platinum Charge

Offer history

The last few years of similar offers are saved here for your reference.

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

Each time this comes around it seems to be on a short-term basis, and with little predictability. Either way, it is useful for those who have points balances they can transfer to Qantas but with the limited cards that offer it, that is not going to be too many of us.

The deal is helpful if you have a premium card like the American Express Platinum Charge, and you know you will want to use your point balance for Qantas Frequent Flyer redemptions or upgrades. It might also be good if you want to top-up your Status Credits balance.

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

This article was previously written by Matt Moffitt.