Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia's Top 50 Financial Planners by The Australian Financial Review Smart Investor. He is passionate about guiding you on the right financial choices to achieve what you really want. Matt Hern is an Authorised Representative of Charter Financial Planning Limited AFSL 234665. All information is general advice only.

6 responses to “Cash in your frequent flyer award points”

  1. ND

    As always your simple and $ saving advice is appreciated. Yes, the auto reward system for Woolworths’ Qantas FF points is great. I just noticed our Citibank Platinum Visa also offers gift vouchers or FF points.

    Another tip is that some free FF airline clubs (eg Emirates)which offer vouchers too. So before the points we got during a trip to UK expired, our family got some Westfield gift vouchers for the FF points collected on that airline which came to $50pp. If you are flying with any airline, see if they have a FF club, join it before you fly and make sure you get the points/miles creditted to your account.

  2. Are credit card surcharges worth the points?

    […] In this month’s Mens Health magazine (May issue) I’m quoted in an article on how to make good use of your Qantas frequent flyer points. Several of the tips I’ve covered in my earlier article here. […]

  3. Peter Howlett

    Matt, I have found that using Frequent Flyer points to purchase an upgrade to a better seat class (eg Premium Economy, Business etc) on international flights offers, by far, the best value for using your points. This certainly applies to Qantas where better seats can be quite a bit more expensive than economy class. A Sydney-LAX-Sydney regular economy fare is around $2,500 where Business Class costs $15,000. You can upgrade from economy to business for 90,000 points (2×45000) so you are getting $12,500 of “value” for 90,000 points. At typically 1% cost/point (on some credit cards), this will cost around $900 in credit card charges. For my money this is a steal!

  4. Anna D

    In collecting FF points for international flights we found Emirates and Citibank credit card to be the best as they pay you 1.5 points for each $1 spent (in comparison to only 1:$1 with Qantas) + give free travel insurance with the card which would cover your $290 yearly card fee. Taxes on Emirates are the cheapest, around $100 return to Europe. That would be the price of your ticket if you manage to accumulate 76,000 points with them for that flight.
    And it is worth to pay card surcharge in order to accumulate the points because the value of points is around 2.6%, if surchage is less than that – it is worth it.
    The definite winner for us in terms of FF points.

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