Woolworths Rewards have new terms and conditions starting on December 15, 2016.
I had a quick read of the conditions and believe I have found the following changes.
You will be able to have some control now on when your Woolworths Dollars are converted into QFF points. The quarterly option is still there but if you ring the Call Centre, you can ask them to transfer your QFF points, which will be done by 7 days after your phonecall.
The definitions section at the bottom indicates that Woolworths Rewards will be operating in Tasmania. I haven't seen any other publicity about this fact and what that means for the future of the Frequent Shopper Club.
If you spot any other changes let us know. I haven't compared the previous terms and conditions which I believe are still on the site somewhere so I've only mentioned the things that have jumped out at me as big changes.
https://www.woolworthsrewards.com.au/terms.html
Link to new terms above.