New stats show that Australians are still embracing Qantas Cash, which has been used in 177 countries across 120 currencies since its launch in 2013.
Qantas Cash is a pre-paid multi-currency payment facility built into the Qantas Frequent Flyer Card. It offers one Qantas Point for every dollar of eligible spend in foreign currency and one Qantas Point for every two dollars of eligible spend in Australian dollars.
The card is capable of holding 11 different currencies and can be used all over the world wherever MasterCard is accepted.
At the 20th Annual Cards and Payments Conference in Melbourne today head of Qantas Cash Ryan De Boer explained that, on average, someone in the world is using a Qantas Cash card every 10 seconds.
“In a relatively short amount of time, Qantas Cash has been a great success – Australians have loaded close to one billion dollars onto Qantas Cash collectively since launch, which I think demonstrates the appeal of the Qantas Cash’s convenience combined with the opportunity to boost your Qantas Points balance for spending money that you were going to spend anyway,” De Boer said.
With many Australians preparing to head overseas for the northern hemisphere summer season, it is no surprise that Qantas Cash usage is increasing.
“Qantas Cash gives Frequent Flyers an easy way to boost their points balance and reach rewards, like flights and flight upgrades, sooner simply by using it while travelling or even making everyday purchases at home,” De Boer said.
Qantas Cash is currently offering up to 10,000 bonus Qantas Points when loading foreign currency by 30 June 2015.