Yet Qantas points are a monopoly currency. Many others here seem to think qantas with return cash to me per point at the same price that they seek them into the market. I think that is wishful thinking. Spillage from unredeemed points is just the cream. Also I'm talking about the average cost of a wholesale point across all partners, not just CBA. I'm certainly not making a claim about what it cost CBA to give you a point. But the cost to CBA does not tell us the cost to a multitude of other businesses. I've already mentioned other numbers which need to be balanced against the low price that CBA might pay. How much were my qantas restaurant points, how much per Woolies fuel point? How many points do people get at 0.5/$ spend on cards?
At a cost of $0.01 per point, $0.015 is only 50% higher.
I also did not get any points from CBA.
This thread has started as being about my travel with respect to the accusation that I'm a status cheat. I don't think I made any claims about QF customers in general. I'm sure other QF customers will share their numbers if they wish.
I would suggest looking at red-e-deal earning. As I pay for all of my flights, that is my earning region. It is certainly possible to get $79/$89/$99 airfares, even now on short domestic routes earning 10SC per flight. I was fairly consistently averaging $120 on a route earning 15SC just by forward planning and booking.
I don't get what you're saying here, an SC costs $10. So on that MEL-SYD flight for $145, the 20 SC cost $200. :?: That doesn't seem correct.
What does an SC cost anyway. Gold is an easy comparison point. 600 SC to retain (lowest potential cost point). 30 flights x 20SC = 30x$145=$4350. Qantas club is roughly $400 at full cost - so $13 per flight, $0.66/SC. :?:
My next JQ bundle is getting me 90SC and 8650 points for about $140. take out meals, points, seat selection (but not luggage) that doesn't leave much to pay for SC.