The ups and downs of trying to accumulate a seven-figure net worth on a five-figure salary, loose weight, get fit, and do a post-grad course while working full-time.
Thursday, 11 June 2009
Free Qantas Frequent Flyer membership
My wife got a free membership of the Qantas Frequent Flyer years ago when a program of another airline closed down in Australia. I never bothered joining QFF as the annual fee made membership a dubious benefit. However, the Woolworths EveryDayRewards program recently linked up with QFF and in future spending more than $30 in a single Woolworths transaction will earn you QFF points if your EveryDayRewards account is linked to a QFF account. What I just found out today is that EveryDayRewards members who don't already have a QFF account can join QFF for free via the Woolworths website (usual cost is around $90). I had a read through the QFF terms and conditions and I couldn't see anything about an annual fee in the Fees section, so maybe this QFF membership will be free for life, like my wife's membership. In any case, if there is a fee after the first year I can always cancel the QFF membership, so I joined up today. Fortunately QFF points don't expire, as it will take around five years for me to earn enough QFF points for a basic round trip fare to Auckland or Perth from Sydney, if I only earn QFF points from my grocery shopping at Woolworths! Still, the points appear to be in addition to the normal 4c/L fuel discount you get for each Woolworths transaction over $30, so it's an extra benefit at no cost. (Well, yes, the true cost will be hidden in the overall grocery pricing structure of Woolworths. But since the prices apply equally to shoppers who don't join the EveryDayRewards program or QFF, and also to transactions below $30 which aren't entitled to points, the benefit for members transactions over $30 should be greater than the resulting price hike - all other things being equal).
Anyhow, it gives me another rewards points balance to keep track of ;)