I have read so many “how to get more frequent flyer points” articles lately and of course they all say the same things, they are also mostly written for people overseas in Europe and the US. I was shocked to see a recent article written for an Australian magazine, where it encouraged people to go out and apply for credit card to get Frequent flyer points bonus’s, clearly the person who wrote this particular article was from the US or overseas and has no understanding of the Australia credit guide (then again most Australia’s don’t know much about it either!). I wish I had kept the article so I could share with it you.
Why is applying for several of credit cards to get bonus frequent flyer points not the best idea in Australia?
We have touched on this in a previous article about Budgeting: Each time you make a credit application this appears on your credit report (even if you do not take out the loan or credit card.The general publicare under the general impression that when you file out an online form and provide all of your details, you are asking for a quote to be sent through when instead you are actually making an application, so be wary of this. This is where people encounter problems as they go to 5 or 10 different FI’s ask for an online “quote” to find out they have made an application, in the end negatively affecting their credit report.
So the more credit cards you apply for the more problems you are likely to run into when you want to make a serious credit application, such as to buying a car as yours has broken down or when you want to take out a home loan. Making a lot of credit enquiries will impact you in getting credit and the credit you might be able to get will likely result in a very high interest rate and terrible terms and conditions.
What are best ways for a Australian’s to get frequent flyers points?
(I know this one is particularly boring!) Read through the frequent flyers program website (and terms and conditions brochure they send you), have a look at the options to earn frequent flyers points.
Link your current credit card up to your frequent flyers program. Put all of your monthly expenses onto your credit card and pay the whole thing off at the end of each month from your savings or home loan offset account. (Don’t go too crazy because you have a credit card – be sensible!)
If you are a Qantas frequent flyer member, make an effort to go to Woolworths (for example) instead of Coles supermarket to do your grocery shopping.
Sign up to the airlines website newsletter and keep your eyes open for great deals!
Make a booking via the airlines website, for hotels, car hire, holidays, tickets activities etc. If you plan a few months a head you might be able to score a deal, price wise and be able to get bonus frequent flyers points! We were able to earn 10,000+ Qantas frequent flyer points for staying at a hotel on the Gold Coast for 4 nights.
Connect frequent flyers account to your mobile phone to collect points every time you pay your phone bill.
Install the Qantas frequent flyers toolbar in which you earn 1 point per search (keep in mind they do record your searches for marketing purposes).
Fly with that particular airline, you will get both frequent flyers points AND status points.
Keep in mind, there is no “secret” to earning frequent flyer points, there might be a loop hole now and then but you need to be quick to get in and utilize it otherwise you miss out.
Then again are frequent flyers really worth making the extra effort to accrue them?
You can earn frequent flyers points on everyday regular purchases
You can use these points to upgrade or purchase free flights (once you have accrued enough)
You can participate in “Family pooling” where you and your partner or family can accrue frequent flyers points and send them to you once per year.
You can also redeem your points for goodies rather than flights through the airline’s online store
Frequent flyers Credit cards can attract higher annual fees.
Free Flights and upgrades can be expensive (points wise) to redeem and if you are not a regularly flyer, points can take sometime to earn.
In regards to status points (these are points you only get from flying), you need to take approx. 10 return flights per year to go from Bronze to Silver if you are flying from Adelaide to Sydney (or Adelaide and Brisbane). This fly earns you 15 Status points and you need 300 to progress to Silver. Of course if you fly overseas you will likely get to silver much quicker but it seems Qantas has reduced its overseas flights with their budget cuts.
Hi, my name is Samantha, Finance Managing Guru by day, Travel Blogging Enthusiast by... well... day too! Haha! Travelling King is the destination hotspot for the wannabe traveller! Showcasing affordable, luxurious getaways for the budget conscious!
With the combination of my financial knowledge and travelling experiences I aim to show you, with a little planning, the right budget and a realistic goal you can fulfil your travel fantasies and explore the world whatever your budget or desires may be!