"Swiss army knife of cards"
Qantas and MasterCard have released the new Qantas Frequent Flyer membership card, expanding its uses to include storing foreign currency, accessing cash worldwide via ATM withdrawals, and earning points on spending in Australia and overseas.
As a result, members will start receiving the chip-enabled cards from tomorrow, with almost 500,000 Qantas Frequent Flyers pre-registering to be among the first.
Qantas Group Chief Executive Officer Alan Joyce said the new inbuilt features, particularly Qantas Cash, would make the new generation card indispensable for the millions of Australians who already carry a Frequent Flyer card in their purse or wallet.
“The feedback from our members since we first announced this new Qantas card has been fantastic. The concept of a single card to check-in for your flight, access lounges, store foreign currency and make purchases at home or overseas has really struck a chord,” Mr Joyce said.
“When you consider all the different things it does, this really is the Swiss Army knife of cards.”
Using the card’s Qantas Cash functionality, members can load funds, choosing up to nine different currencies and lock in exchange rates. Members can use the card to make purchases anywhere MasterCard is accepted electronically and earn points on all eligible spend at a rate of 1 Qantas Point per USD1 spent in foreign currency or 1 Qantas Point per USD2 spent in Australian dollars.
Whitepapers
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