Qantas flyers enjoy cash card bonanza

 QANTAS frequent flyers have taken advantage of their new Qantas cash cards over Christmas period with a 61 percent points on money loaded onto the cards during December, compared to previous months. 

Spending on the card for December was also up 250% compared to November, as members headed overseas.

More than 200,000 members have activated their Qantas cash facility following 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. 

Using the card’s Qantas cash functionality, members can load funds, choosing up to 10 different currencies and lock in exchange rates.

The card has been used across 131 countries, with top five most popular currencies being Aussie dollar, US dollar, euro, pound and NZ dollar.

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 A$1 (K2.10) spent in foreign currency or 1 Qantas point per A$2 (K4.20) spent in Australian dollars. 

Qantas Loyalty CEO Lesley Grant (pictured) said uptake of the new Qantas cash facility highlights how the card is beneficialfor members of Qantas frequent flyer programme. 

“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,” Grant said.