Qantas has tightened its frequent flyer rewards, cutting back on the value of points.
While Qantas has 17 million members, the company’s announcement comes just after it revealed the business unit bled 6% of its earnings in the first half of the financial year.
The Australian analysed the rejigged Qantas frequent flyer scheme and found that the value of points for major international routes has decreased by 20%.
The same can be seen for the number of points needed for a business or first-class reward spot from Perth to Sydney and for a premium cabin from Brisbane or Sydney to LA, Sydney to Singapore and Brisbane to Bali.
The changes are set to kick in on 5 August, where travellers will also be between an extra 5% to 15% of points to fly domestically or to New Zealand.
This devaluation will match a cut to Virgin Australia’s Velocity and is the first Qantas point hike in six years.
As the point hike was revealed, Qantas also announced a “double status credit” and Qantas Points campaign for seven days until 19 March.
The scheme will allow double points for flights booked between 19 March and 24 February 2026, with the status component allowing members to climb tiers.
“Hundreds of thousands of members benefited from this offer last year, helping members to attain or retain their frequent flyer status or boost their points balance,” Qantas Loyalty CEO, Andrew Glance said in a statement.
“This year we’re also introducing double points on Qantas Hotel and Holidays bookings, making that next dream trip even more rewarding.”
Azzet has reached out to Qantas for comment.
