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