What is changing?
We’re introducing a change to the way Qantas Points and Velocity Points on credit balances are earned on Everyday Plus Accounts, effective 1 April 2022:
- Earn rate: The earn rate is changing from 1 point for every $10 average daily balance to 1 point for every $20 average daily balance.
- New $100,000 cap: The earn rate will be capped on credit balances of $100 000. Points will be award on balances up to $100,000 only.
Everyday Plus Account holders will receive a notice of the change via email. Please read the information contained in the email carefully as it relates to changes to the Terms and Conditions that govern your Everyday Plus Account and retain a copy for your records, a copy will be published here.
Here's a quick reminder of the great rewards and benefits offered on our Everyday Plus account:
- Earn 1 Qantas Point or 1 Velocity Frequent Flyer Point for every $20 of daily average balance in your account, calculated at the end of each month, paid on balances up to $100 000*
- No establishment or account keeping fees
- Visa Debit Card with Apple Pay and Google Pay*
- Savings up to $250 000 are covered by the Government's Deposit Guarantee
- Support from our Client Service Centre 24 hours a day, 7 days a week
For any enquiries, please contact your financial specialist or call our Client Service Centre on 1300 160 160.