how good are qantas points

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Qantas Frequent Flyer points are worth approximately 1.3 cents per point on average, based on recent data from April 2026. This value reflects the midpoint between the median (1.10 cents) and mean (1.42 cents) redemption rates observed over the past year, indicating solid potential for high-value redemptions, especially on international business-class flights where value can reach nearly 2.5 cents per point.FrequentMiler

Value and Redemption Potential

  • Points are most valuable for long-haul international business-class flights, where redemptions can exceed 2.5 cents per point.
  • Domestic and short-haul redemptions offer lower value, typically around 1.0–1.3 cents per point.
  • The program is ranked 9th globally in loyalty program value, with an estimated worth of US$7 billion (A$10.1 billion) as of April 2026.🔗
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Key Changes and Considerations

  • Qantas increased point requirements for Premium Economy and Business Class Classic Plus fares by up to 18% in 2025, reducing availability and increasing cost for some redemptions.
  • The introduction of Classic Plus Rewards offers more seat availability but at a higher point cost, requiring strategic timing and planning.🔗
  • From December 2026, members can earn Status Credits through non-flying activities like banking, shopping, and insurance — a shift that may improve status access without flying.🔗
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Best Uses of Qantas Points

  • Top Use: International business-class flights, especially during promotions or when partner availability is high.
  • Alternative Use: Premium upgrades or long-haul economy redemptions when points are scarce.
  • Avoid: Domestic economy redemptions unless part of a high-value promo, as value is lower and demand is high.🔗
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Overall, Qantas points remain a strong option for long-haul travel, but success depends on timing, flexibility, and targeting high-value routes.2PAXfly +1

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