Commencing later this week, Qantas Frequent Flyers can earn up to 5,000 Qantas Points when they link their membership number to their Afterpay account. New Afterpay users will earn 500 points for joining and adding their Frequent Flyer membership number, and earn one Qantas Point per $1 spent.
Afterpay currently accounts for 15% of online retail sales in Australia and has transformed the way people make purchases by allowing shoppers to receive products immediately and pay in four fortnightly instalments, with no additional cost to them.
Qantas Loyalty CEO Olivia Wirth said earning points with Afterpay would be a huge advantage to the program’s large portion of ‘frequent buyers’, who maximise their points earn on everyday spend.
“Financial services is one of the most popular ways to earn points in the program, it’s the quickest and easiest way to build your points balance,” Wirth said.
“With our 13 million members all having different spending habits and financial preferences, it’s great to be able to offer more options and more rewards.”
Anthony Eisen, CEO and Co-Founder of Afterpay, said partnering with one of Australia’s largest and most recognised loyalty programs would provide significant upside for Afterpay customers.
“We are always looking for ways to add value for our customers and this partnership between two iconic Australian brands is a great way to reward them for shopping with Afterpay,” Eisen said.
Afterpay is offered by over 48,000 of the retailers and has more than eight million active customers globally. The service is currently available in Australia, New Zealand, the United States and the United Kingdom, where it is called Clearpay.
Lead image credit: John Schnobrich, Unsplash