Observant Qantas Frequent Flyer members may have noticed that a 4-digit “Reward Code” was added to their digital membership cards on Monday. This new Reward Code facilitates in-store purchases using your Qantas Frequent Flyer points, starting with BP petrol stations.
Redeeming Qantas points at BP
Since March 2020, you can already earn Qantas points at BP. As of 1 February 2022, you can also now use Qantas points for fuel or in-store purchases from BP at the point of sale.
When redeeming Qantas points at BP, you’ll get a $10 discount off your shop for every 1,900 Qantas points used. For example, you could spend 5,700 Qantas points to get $30 worth of fuel. There is a minimum transaction amount of $10 or 1,900 Qantas points to use points.
To do this, you’ll need to scan your digital Qantas Frequent Flyer card at the counter at BP. On the pinpad, you’ll then be given an option to pay for your purchase using Qantas points. If you select this option, you’ll be asked to enter your Reward Code.
The Reward Code is displayed on your digital membership card and is different to your Qantas Frequent Flyer PIN. This code will change after each use for security reasons. You can find further instructions on the Qantas website.
You can find your digital Qantas membership card in the Qantas App. (You may need to update the App if the Reward Code is not yet displaying for you.) Alternatively, you can save your digital card to your smartphone’s digital wallet (e.g. Apple Wallet).
You’ll still earn the usual Qantas points for your purchase when paying with points.
Velocity Frequent Flyer similarly offered members the option to redeem their points at BP prior to that partnership being terminated by BP. This worked in a slightly different way, with Velocity requiring members to choose their own redemption PIN in order to be able to redeem points at BP. Velocity members previously needed to spend 1,667 Velocity points to get $10 off at BP.
Qantas will roll out point-of-sale redemptions to more partners
BP is the first retailer to offer Qantas Frequent Flyer members the ability to redeem points at the point of sale using the new Reward Code technology. But Qantas plans to roll out more of these kinds of redemption options for everyday purchases with other program partners in the future.
“We’re excited to deepen our partnership with bp, integrating this new Reward Code technology which will revolutionise the way members will be able to use their Qantas Points. It will deliver a seamless experience for using points on every day in-store purchases,” Qantas Loyalty CEO Olivia Wirth said.
Should you spend your Qantas points at BP?
So, is this a good use of Qantas points? Well, probably not.
To get $10 worth of value from BP, you would need to redeem 1,900 Qantas Frequent Flyer points. That works out to give you a value of just under 0.53 cents per Qantas points.
That’s slightly better value than redeeming for HOYTS movie tickets, where you’ll get $20 in value for every 4,000 points used. And it’s on par with redeeming Qantas points for gift vouchers.
But even redeeming your Qantas points for a toaster, wine, hotel or a hire car booking would likely be better value. Not to mention, redeeming for a high-value reward such as a reward flight or upgrade.
So, unless you have so many Qantas points that you don’t know what to do with them all, you would be better off saving your Qantas points for other things.
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