Qantas Rewards Program Fee Change

[SIA1A]

I too have looked through their rewards catalogue and cannot find anything I want or that is of decent value

I have decided that even after allowing $49/year to take the QF option, I am better off going down the QF path.

Take a look at the Qantas Frequent Flyer catalogue - the points required for identical items that also appear in the Citi catalogue are often substantially less in the QF catalogue than they are in the Citi catalogue. Good example: Gift cards.

So on the basis of a 1:1 Citi:QFF conversion ratio, I can't see any benefit in being a Citi Rewards member - unless you are a very light spender on the Citi card.

Another reason to avoid keeping eggs in the Citi basket: I'm becoming increasingly uneasy about Citi's IT systems. Example: Folks elsewhere on AFF report hassles with converting their points to Velocity Rewards - and separately, I've found that basic banking systems (eg BPay) are becoming unreliable (see my AFF thread of today about this). I suggest that Citi has under-invested in IT development/maintenance, possibly as a result of the GFC (and the US Govt becoming Citi's major shareholder in exchange for bailing it out).

 

[Jeffrey O'Neill]

Try changing to the Citibusiness gold card. You can still transfer in 10K blocks 1:1 to QF as well as SIA and DJ at 3:2

You also earn at 1.25:1

Fingers crossed they don't remove the QFF transfers. I think it's the only card left that lets you do this.

 

[jingles]

I don't really fancy paying $49 for the privilege of accruing QF points - $19 is OK but $49 seems unreasonable IMHO.

Have a look here http://www.frequentflyer.com.au/com...program/paying-citi-plat-card-want-23106.html

If you are paying for the Plat card it might be of use

 

[Austman]

$19 to $49? Wow, that's more than a 250% increase! Seems huge. It used to be $0 too...

 

[Jacques Vert]

I changed my Citibank from a Visa Platinum to a Citibusiness Gold card as suggested by others on this thread. Was able to transfer my Citibank Rewards points to the Citibusiness Gold, and then a week or so later transferred them to QFF (in a multiple of 10,000).

Annual fee on the Citibusness is only $74, + $30 for a supplementary card, and no additional fee to allow transfer to QFF. And I now get 1.25 points per $ spent.

Thank you to my friends @ AFF.

JV