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Rewards Plus

Rewards Plus is an additional feature of the Leveraged Equities Margin Loan, allowing members of the Qantas Frequent Flyer program to earn frequent flyer points based on their loan amount.

What is Rewards Plus?

Rewards Plus allows members of the Qantas Frequent Flyer program to earn frequent flyer points based on your facility balance.

If your request is accepted to participate in Rewards Plus, the variable interest rate applicable to your margin loan facility may increase.

Points are calculated daily but the time when the points are awarded will depend on the interest payment schedule you select.

Points per Balance Range

Facility Balance Points
Less than $149,000 20,000 points per $100,000 p.a. pro-rata
$150,000 to $499,999 35,000 points per $100,000 p.a. pro-rata
$500,000 to $999,999 50,000 points per $100,000 p.a. pro-rata
Greater than $1,000,000 65,000 points per $100,000 p.a. pro-rata


The awarding and redeeming of points is subject to the terms and conditions of the Qantas Frequent Flyer Program, and more information is detailed in the Margin Loan Product Guide.


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Case Study

Your facility balance is $240,000. In this case the points that accrue for the day are approximately 230 (35,000 points multiplied by $240,000 divided by $100,000 divided by 365 days in the year).

If your facility balance remains at $240,000 for a month then the points awarded for the month will be around 6,900 (230 points per day multiplied by 30 days in the month).


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Ensure you download the Margin Loan Product Disclosure Statement and Margin Loan Product Guide, which includes Rewards Plus, for more information. Read each part of the terms and conditions and Application Form, and obtain appropriate advice before applying.


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How to Apply

You and any Guarantor must read the Product Guide in its entirety before applying for a Margin Loan with Rewards Plus.

You can apply for a Margin Loan as:

  • an individual or two individuals (called joint borrowers) who are at least 18 years old;
  • a company; or
  • trustee of a trust (except as trustee of a self managed superannuation fund).

Refer to the checklist when completing the Application Form, and return completed and signed to your nominated Financial Adviser or Broker. Alternatively send directly to us, contact details can be found on the Contact Us page.


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