Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Qantas Cash Takes Off Over Holiday Season

SYDNEY, Wednesday 29 January 2014: Qantas Frequent Flyers have taken advantage of their new Qantas Cash cards over the Christmas break with a 61 per cent spike on money loaded onto the cards during December, compared to previous months.

Spending on the card for the month of December was also up 250 per cent compared to November, as members headed overseas on holiday.

More than 200,000 members have activated their Qantas Cash facility following the launch in August 2013, allowing them to store foreign currency, access cash worldwide via ATM withdrawals and earn points on spending in Australia and overseas.

The card has been used across 131 countries, with the top five most popular currencies being AUD, USD, EUR, GBP and NZD.

Qantas Loyalty CEO Lesley Grant said the uptake of the new Qantas Cash facility highlights how beneficial the card is for members of the Qantas Frequent Flyer program.

“We’ve seen consistently strong demand for this feature, in fact it equates to a member activating their card every minute per day since launch,” said Ms Grant.

“We expected to see an increase in both Qantas Cash activations and also foreign currency loading on the cards over Christmas as more people took a holiday. Our own expectations were surpassed and we put that down to more members beginning to understand the value and convenience of the new card.”

Qantas Cash is one of the ways Qantas Frequent Flyer is improving member benefits to drive the growth of the program and ensure it continues to offer innovative benefits to its increasing membership base.

Using the card’s Qantas Cash functionality, members can load funds, choosing up to ten different currencies and lock in exchange rates. Members can use the card to make purchases anywhere MasterCard is accepted electronically and earn points on all eligible spend* at a rate of 1 Qantas Point per $1 spent in foreign currency or 1 Qantas Point per $2 spent in Australian dollars.

Qantas Frequent Flyer recently launched a number of initiatives including Qantas Hotels, Qantas Cruises and Qantas Restaurants providing even more ways for members to earn and use their points.

In the 2013/14 financial year Qantas Frequent Flyer is expected to reach 10 million members.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Employment: ANZ Proposes Casualisation In Whangarei Stores

ANZ workers in Whangarei could see their incomes drop by 20 to 40 percent if the bank’s proposal to reduce the number of full-time positions goes ahead says FIRST Union national organiser Tali Williams. More>>

Finance: BNZ Develops Specialist Tāmaki Māori Banking Team

BNZ develops specialist Tāmaki Māori Banking Team to support Māori as Auckland grows More>>

Pharmaceuticals: Commerce Commission To Consider Pharmaceuticals Merger

The Commerce Commission has received an application from Pfizer Inc. seeking clearance to acquire all of the shares in Hospira Inc. More>>

Real Estate: Housing Unaffordability Issues Spread

Surging house prices in Auckland and Queenstown last month pushed home ownership even further beyond the reach of first home buyers in the two districts, according to the AMP360 Home Loan Affordability Report for March. More>>

Statistics NZ: Annual Exports To China Dip Below Australia

The value of goods exports to Australia ($8.7 billion) surpassed those to China for the year ended March 2015, Statistics New Zealand said today. More>>

Science: Hookworm Discovery At Malaghan Institute

Professor Graham Le Gros has led a team which has stimulated both innate and memory responses to the parasite, discovering along the way the unexpected behaviour of one particular immune cell, in Hookworm, one of the world’s most devastating tropical ... More>>

Business: Provinces Urged To Make Full Use Of New Air Services

Provincial New Zealand has been urged to use new air services to Auckland or risk losing them either partially or completely. The stark warning was issued today by Far North mayor John Carter at a ceremony at Kaitaia airport to mark the final Air ... More>>

Mobile: 2degrees To Credit All Calls And SMS To Nepal

In the wake of the devastating earthquake in Nepal in the weekend, 2degrees will be crediting all calls and SMS messages made to mobiles and landlines in Nepal from Friday 24th April until midnight Wednesday 29th April. More>>

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news