50000 Bonus Points for new eligible Car or Home Insurance

[MelbFlyer]

Still looking at changing over to Qantas Car Insurance as it is cheaper than my current insurer and many others - but my current policy isn't up until the end of May.

I'm also not going to change policies early as my current policy is around 60% the price of any new ones now. If the offer was for say, 100k bonus points then maybe I'd consider ending it early, but for up to 20k it's not worth it.

I can see that the current offer is up to 20k points and ends on 22/04.

I assume that if I sign-up before 22/04 and have my policy start at the end of May (with the charge to then be made then), that I'd still be eligible for up to 20k points considering I signed up before the promo ended even despite the service not being active until EOM May?



I would then obviously turn off / call up to request to turn off auto-renew etc.

 

[kamchatsky]

Still looking at changing over to Qantas Car Insurance as it is cheaper than my current insurer and many others - but my current policy isn't up until the end of May.

I'm also not going to change policies early as my current policy is around 60% the price of any new ones now. If the offer was for say, 100k bonus points then maybe I'd consider ending it early, but for up to 20k it's not worth it.

I can see that the current offer is up to 20k points and ends on 22/04.

I assume that if I sign-up before 22/04 and have my policy start at the end of May (with the charge to then be made then), that I'd still be eligible for up to 20k points considering I signed up before the promo ended even despite the service not being active until EOM May?

View attachment 373043

I would then obviously turn off / call up to request to turn off auto-renew etc.

Yes. I signed up my car insurance before 5 Dec (for the 50K offer) but the insurance start date was 7 January 2024. I still get my 50K bonus points.

EDIT: I am still waiting for the 60 days before the bonus points landed. Got confused with my bonus points for home insurance.

 

[exceladdict]

Still looking at changing over to Qantas Car Insurance as it is cheaper than my current insurer and many others - but my current policy isn't up until the end of May.

I'm also not going to change policies early as my current policy is around 60% the price of any new ones now. If the offer was for say, 100k bonus points then maybe I'd consider ending it early, but for up to 20k it's not worth it.

I can see that the current offer is up to 20k points and ends on 22/04.

I assume that if I sign-up before 22/04 and have my policy start at the end of May (with the charge to then be made then), that I'd still be eligible for up to 20k points considering I signed up before the promo ended even despite the service not being active until EOM May?

View attachment 373043

I would then obviously turn off / call up to request to turn off auto-renew etc.

You could also renew your current policy, or go with another insurer until QF has another 50k bonus. I've always been able to get refunds for the portion of a year unused.

 

[kamchatsky]

Yes. I signed up my car insurance before 5 Dec (for the 50K offer) but the insurance start date was 7 January 2024. I still get my 50K bonus points.

EDIT: I am still waiting for the 60 days before the bonus points landed. Got confused with my bonus points for home insurance.

Just got my 22K points for my 3rd insurance where I signed up before 5 Dec, but insurance didn't start until 7 January 2024. It is 22K and not 50K because my premium was like just over $850, rather than $1550 for 50K bonus.

 

[Mr H]

Just got my 22K points for my 3rd insurance where I signed up before 5 Dec, but insurance didn't start until 7 January 2024. It is 22K and not 50K because my premium was like just over $850, rather than $1550 for 50K bonus.
View attachment 373495

How did you get two home insurance bonuses? Two houses?

 

[kamchatsky]

How did you get two home insurance bonuses? Two houses?

One for my home. One is for landlord insurance, also classified as home insurance in Qantas.

So, anyone with many investment properties can earn a lot of QF points from this offer.

 

[kamchatsky]

Still looking at changing over to Qantas Car Insurance as it is cheaper than my current insurer and many others - but my current policy isn't up until the end of May.

I'm also not going to change policies early as my current policy is around 60% the price of any new ones now. If the offer was for say, 100k bonus points then maybe I'd consider ending it early, but for up to 20k it's not worth it.

I can see that the current offer is up to 20k points and ends on 22/04.

I assume that if I sign-up before 22/04 and have my policy start at the end of May (with the charge to then be made then), that I'd still be eligible for up to 20k points considering I signed up before the promo ended even despite the service not being active until EOM May?

View attachment 373043

I would then obviously turn off / call up to request to turn off auto-renew etc.

Qantas has now updated the promo. Now it is up to 30000 Qantas points per Car/Home insurance, join by 28 May.

 

[MelbFlyer]

Qantas has now updated the promo. Now it is up to 30000 Qantas points per Car/Home insurance, join by 28 May.

Thankyou, I did also see this but I've now got my renewal with AAMI - my renewal is almost 50% cheaper than Qantas Car Insurance.

Had it been 10-20% or the same price - no question, I'd move to Qantas, but not for 50% more - even if it comes with up to 30k points.

 

[MelbFlyer]

Had it been 10-20% or the same price - no question, I'd move to Qantas, but not for 50% more - even if it comes with up to 30k points.

I've also just had a look at Qantas Home Insurance - it's 2x what my renewal with RACV is.

As much as more QFF points will help towards my next (after this year's trip) trip, it's not worth it when it's 50% more for my car insurance and 100% more for my home insurance!

The most I'd go for is Red Energy's Qantas Red Saver Plan as my current plan with Origin is coming up and Red Energy's pricing will be significantly cheaper than the new plan with my current provider.

 

[exceladdict]

Mrs excel had an email today with a combined price promotion:

Save 15% on your first year’s premium when you take out a Qantas Car Insurance policy online.^

Save 15% on your first year’s premium when you take out a Qantas Home Insurance policy online, plus another 15% when you combine home and contents.^

Plus, you'll earn up to 30,000 Qantas Points* for every car or home policy you take out by 28 May.

I have a need to take out a policy soon so will compare but am not expecting the price to be the best available.

 

[Lat34]

Mrs excel had an email today with a combined price promotion:

Save 15% on your first year’s premium when you take out a Qantas Car Insurance policy online.^

Save 15% on your first year’s premium when you take out a Qantas Home Insurance policy online, plus another 15% when you combine home and contents.^

Plus, you'll earn up to 30,000 Qantas Points* for every car or home policy you take out by 28 May.

I have a need to take out a policy soon so will compare but am not expecting the price to be the best available.

Following with interest

 

[exceladdict]

Following with interest

The Qantas car insurance plan was $100 more for slightly less coverage vs my previous insurers renewal offer (not exactly apples to apples comparison, some give some take, but overall more restrictive). Decided this wasn't worth the 10k points or so it would have given.

 

[Happy Dude]

Minimum annual premium of over $1,550 for these policies. About 30% more than my house insurance, 100% more than my car insurance and 300% than my landlord insurance.

However, points awarded based on premium after 60 days, so by paying monthly and starting low and changing just before the 60 day mark, then cancelling immediately, it might be worth it. A lot of sums to do and eyes on it though.

 

[Mr H]

Minimum annual premium ...

I do wonder at the wisdom of posting advice on how to exploit loopholes on an open forum. If too many people do that, the loopholes can close really quickly.

 

[burmans]

I do wonder at the wisdom of posting advice on how to exploit loopholes on an open forum. If too many people do that, the loopholes can close really quickly.

Well this particular loophole has been open for quite a while now, ie not ‘really quickly’.

 

[Mr H]

Well this particular loophole has been open for quite a while now, ie not ‘really quickly’.

Depends how many people jump on it. The living abroad to get BA Gold was bubbling along quite merrily until people started shouting about it, it took off in a big way and it was nixed very quickly.

 

[Happy Dude]

I do wonder at the wisdom of posting advice on how to exploit loopholes on an open forum. If too many people do that, the loopholes can close really quickly.

Even if it's with information that's already widely published here and elsewhere? You're overestimating the attractiveness of this promo.

 

[lovestotravel]

Most people want points for toaster or gift cards. Recently I know several people who won 500,000 Everyday reward points (as part of the 10,000 points for travel insurance promo) and simply banked them for $2500 of shopping at Woolworths...

That would have been 250k QFF, or nearly enough for a return J to Europe

This one, you are going to spend $260 or $390 for 20/30/50k of points

It's borderline worth it, unless using the points for a J flight on QF

That being said I do both my car and home every year or so with this offer and only keep the policies for a few months.

I missed the 50k, didn't bother for 20k but will for 30k

 

[MelbFlyer]

several people who won 500,000 Everyday reward points (as part of the 10,000 points for travel insurance promo) and simply banked them for $2500 of shopping at Woolworths...

Cost of living pressures is pretty much the "it" thing now.

$2,500 worth of groceries, depending on your family size, will be weeks / months worth and some would find it more beneficial to spend on necessities over luxuries.

That, or the average person wouldn't know how to redeem reward seats / there's not much availability.

 

[Mr H]

That, or the average person wouldn't know how to redeem reward seats / there's not much availability.

They could always join AFF and post looking for help every time they want to do even the simplest things...