AMP Bank is rewarding Qantas Frequent Flyers and Qantas Business Rewards members with Qantas Points when they link their AMP Bank Everyday Account or Everyday Business Account.
The appeal of rewards programs
Research from AMP shows that rewards programs have great appeal for Australians and small business owners when choosing a bank account.
John Arnott, Director Small Business and Personal Banking, AMP Bank said:
“Rewarding our AMP Bank customers is at the forefront of our business, and we are really excited to be partnering with the largest airline loyalty program in Australia to help us to do just that.
“We’re making it easier for everyday banking customers and small businesses to simply earn points on their balance in a transaction account, with no account fees or hidden charges.
“We’re excited to be offering small business owners points in a never-before seen way. A first that we’re proud to be taking to market.”
Customers will now be able to earn 1 Qantas Point for every $10 of their average monthly account balance, up to $5,000,000. For example, a $10,000 average balance earns 1,000 Qantas Points in that month. Plus, there are no account fees or spending requirements to earn Qantas Points.
The Qantas Points are calculated and deposited monthly based on the average account balance of that month.
Qantas Points can be used in a variety of ways, including to book reward seats,
request flight upgrades, hotel stays, entertainment and more.
Simon Rowlands, Executive Manager Financial Services, Qantas Loyalty said:
“Australians love earning Qantas Points and partnering with AMP Bank provides customers with even more opportunities to boost their points balance and make their everyday banking more rewarding.”
Double the Qantas Points
To celebrate, all customers will earn double points on their average monthly account balance until 31 July 2025 boosting their points balance and getting them closer to their next reward.
All customers who sign up to AMP Bank’s mobile app, can also access free membership to the Qantas Frequent Flyer and Qantas Business Rewards programs.
To find out more information visit www.amp.com.au/campaigns/bank/earn-qantas-rewards
Disclaimers
You can earn Qantas Points on the AMP Bank Everyday Personal and AMP Bank Everyday Business Accounts. To start earning points, download the AMP Bank app, apply for an account, and once approved, successfully link your Qantas Frequent Flyer and/or your Qantas Business Rewards membership number. You’ll start earning points on your average monthly balance, with points calculated at the end of each month.
To receive the introductory double points, simply link your Qantas Frequent Flyer and/or your Qantas Business Rewards membership number in the AMP Bank app and receive double Qantas Points (2 points for every $10 in your account, rather than the standard 1 point) up to $5,000,000, until 31 July 2025. See AMP’s website for further information: www.amp.com.au/campaigns/bank/earn-qantas-rewards.
About Qantas Frequent Flyer
With over 17 million members, Qantas Frequent Flyer is Australia's leading airline loyalty program. It allows members to earn Qantas Points on everyday activities including spending on credit cards, buying groceries, filling up on fuel and paying energy bills. These points can then be used on flights, upgrades, hotel stays, as well as at Qantas Wine, Qantas Marketplace and more.
About Qantas Business Rewards
Qantas Business Rewards is Australia’s loyalty program for small and medium sized businesses with more than 600,000 members. Through the program, businesses can benefit from discounts on selected flights as well as the ability to earn Qantas Points on everyday business and travel expenses including Qantas flights, fuel, hotels, car hire, global payments, credit cards and utility bills. The Qantas Points earned can be redeemed on business travel (including flights, upgrades, hotels, and car hire) to help businesses offset their costs and for rewards.
About AMP Bank
AMP Bank's new mobile experience, launched in February, gives small
businesses and everyday Australians a new way to spend, save and manage their money while on-the-go. Built from the ground-up using the very latest in secure mobile banking tech, the new AMP Bank app is full of simple, smart features that move with customers. The new AMP Bank app complements AMP Bank's existing offering, which provides customers with highly competitive home loans and savings accounts through direct and intermediary channels.
The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517