Qantas Prepaid Visa...

[tm.smile]

So just completed a survey asking me about my past travel habits and future habits as well as my spending overseas and in Australia. Came across this scenario:



Looks QFF debit card might be coming soon, similar to the AirNZ one. I know there have been rumours, but interesting to see the earn rates. Now if it was foreign transaction fee free, then they might be onto a winner...

 

[Hvr]

What a rubbish earning rate. Surely you could do better than that will very little effort?

 

[here2go]

Now if it was foreign transaction fee free, then they might be onto a winner...

Agree! Fee free forex and they'll have the market cornered.

 

[greenfrog86]

What a rubbish earning rate. Surely you could do better than that will very little effort?

They won't be able to make much money out of this so would lose lots of $$$ on a prepaid product if they were giving away 1pt per $ in Aus

The interchange revenue wouldn't be much at all

 

[here2go]

The merchant fee on Visa Debit is also less than on Credit, but it is somewhat made up for that there is a higher merchant fee on foreign Visa Cards. It will be interesting to see.

 

[serfty]

If it would be like the NZ one where a NZ resident can purchase Airpoint Dollars for NZ$1 each thereby basically disenfranchising Frequent Flyers ...

 

[oz_mark]

There was a similar survey done back in April (http://www.australianfrequentflyer....qantas-frequent-flyer-payment-card-38631.html). I wonder if this is an indication that they have refined their thinking a bit in the last few months. It would be interesting to compare surveys!