Major change to Qantas Frequent Flyer, points | Australian Markets

Qantas has tightened the belt on frequent flyers, slicing back on the worth of factors.

An evaluation of Qantas’ rejigged frequent flyer scheme, by The Australian, exhibits the worth of factors for main worldwide routes is successfully being cut by 20 per cent.

A further 20 per cent value of factors can be needed for a business class reward spot or a top quality seat from Perth to Sydney.

Jetsetters will need an additional 20 per cent for a premium cabin from Brisbane or Sydney to LA, Sydney to Singapore, and Brisbane to Bali.

Home flights and journeys to New Zealand need between an additional 5 per cent and 15 per cent value of factors, when the adjustments kick in from August 5.

The devaluing of frequent flyer factors matches a cut to Virgin Australia’s Velocity, and is Qantas’ first level hike in six years.

In a assertion, a Qantas spokesperson mentioned the “adjustment was needed to ensure the frequent flyer program could continue to provide over 20 million reward seats and deliver other initiatives to reward members and improve the program”.

Qantas Loyalty has 17 million members, however the business unit bled 6 per cent of its earnings within the first half of this financial 12 months.

Because the 20 per cent factors devaluation was revealed, Qantas introduced a “double status credits” and Qantas Factors marketing campaign.

For seven days till March 19, frequent flyers can earn double factors.

The double factors flights may be booked for between March 19 and February 24, 2026. The standing part of the scheme lets people climb up the membership tiers.

“Hundreds of thousands of members benefited from this offer last year, helping members to attain or retain their frequent flyer status or boost their points balance,” Qantas Loyalty chief government Andrew Look mentioned.

“This year we’re also introducing double points on Qantas Hotel and Holidays bookings, making that next dream trip even more rewarding.”

“Across the program more broadly, we’re seeing record numbers of members using points for flights, especially to destinations like Tokyo, Singapore, Queenstown, and Bali.”