Surcharge shake-up could clip the wings of frequent flyer points
Starting October, a Reserve Bank policy will ban surcharges on credit card transactions, likely affecting Qantas frequent flyer points. Banks anticipate a decline in generous sign-up bonuses, with offers potentially dropping from 120,000 to around 80,000 points. Despite concerns, Qantas maintains confidence in its loyalty program amid changing credit card economics.
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Published 05 Jul 2026, 19:00 UTC · Updated 05 Jul 2026, 19:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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