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How much is a Qantas Point worth?
Understanding the value of your Qantas Points can help you plan how best to use them, but there’s no single answer to how much a Qantas Point is worth. Qantas Points don’t have a set dollar value, so their worth will depend on how they’re used. The examples we’ve provided are estimates that are subject to change.
According to travel website Australian Frequent Flyer, Qantas Points can be worth as little as half a cent if spent on a supermarket gift card, but as much as eight cents if spent on an upgrade from Business to First Class on an international flight—however this is likely to have decreased due to the recent changes to Qantas Points redemption rates on flights and seats upgrades. This means 100,000 Qantas Points could be worth as much as $8,000 or as little as $500 in equivalent value. Point Hacks suggests that Qantas Points have a general value of 1.9 cents per point—again this figure is likely to decrease.
Due to the change in the Classic Flights Rewards program, the number of points required to redeem an economy flight has increased by 15%, while the points required for Premium Economy, Business and First Class flights rose by between 5% and 20%, depending on location.
Canstar Research shows that for someone redeeming points for Qantas economy flights from Sydney to Melbourne (Tullamarine), the value of 1,000 Qantas Points has dropped from an estimated $16.00 to $13.91 as a result of this points change.
This is based on someone booking a low-cost flight six months out at the prices at the time of writing, including taxes and carrier charges.
For someone with 100,000 Qantas Points, who uses them for domestic flights of this type, then the value of their points has dropped by an estimated $209, based on these flight costs.
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| Value of 1,000 points redeeming Qantas flights | |||
|---|---|---|---|
| Departing Sydney to: | Old | New | Difference |
| Short domestic flight (Melbourne) | $16.00 | $13.91 | -$2.09 |
| Mid-range international flight (Singapore) | $22.22 | $19.31 | -$2.91 |
| Long-haul international flight (London) | $22.26 | $19.35 | -$2.91 |
Source: Qantas.com.au. Notes: based on redeeming Classic Flight Rewards vs the cheapest fares available. Domestic flights depart 6 months from the booking date. International based on 11 months out selecting the cheapest fare available in the week. Prices based on Qantas site from August 5, 2025. Includes taxes and other carrier charges. London is flying into Heathrow, and Melbourne is to Tullamarine.
To help your points go further, we’ve crunched the numbers to find out how much a Qantas Point is potentially worth in dollars, depending on how it’s spent on upgrades, flights, hotels, or at the Qantas Marketplace.
Using points for Qantas flight upgrades
You can use Qantas Points to upgrade your cabin class on domestic and international flights. The scale of the upgrade can affect the effective dollar value of your Qantas Points:
- If you upgrade from Economy to Premium Economy on an international flight, your points are likely to be worth the least.
- Upgrading from Economy to Business on an international flight makes your points worth the second least.
- Points used for upgrades to domestic flights typically work out to be the second best value.
- Upgrades from Business to First class on an international flight generally yields the highest value for your points.
Your upgrade is a request, but will be immediate for domestic flights if there’s a seat available on your chosen flight. For international flights, upgrades can be a bit more complicated to secure, as Qantas will apply various priority rules to decide who gets given the upgrade.
For example, according to Points Hacks, those with a high Qantas Status (Platinum One is the highest status currently needing 3,600 Status Credits to reach) will be approved ahead of those with a lower Qantas Status. With this in mind, Australian Frequent Flyer recommends redeeming your points and buying a seat in the cabin you want to travel in, if possible, rather than trying to upgrade your existing seat.
Using points for Qantas flights
There are three main ways to buy flights with Qantas Points: Classic Flight Rewards, Classic Plus Flight Rewards, and Points Plus Pay.
Classic Flight Rewards
Through Classic Flight Rewards, you pay a set number of points for a flight. The number of points required will vary depending on how far you’re travelling and the cabin you choose (Economy, Premium Economy, Business or First Class). It’s not influenced by the actual price of the fare.
For example, Qantas sells Discount Economy class return tickets from Melbourne to Sydney for about $370 ($185 each way) or 18,400 points (9,200 points each way) for a reward ticket. This means your points are worth about two cents each (not factoring in charges, taxes and fees).
It’s important to keep in mind that reward seats are subject to availability. This may be limited for long-haul international flights and premium cabins. According to Point Hacks, it’s easiest to get a reward seat when travelling with Qantas within the Asia-Pacific region, and it’s the most difficult to get a premium cabin reward seat for flights to North and South America, Europe and South Africa (which are Qantas’ longest flights).
Classic Plus Flight Rewards
Qantas also offers Frequent Flyer members Classic Plus Flight Rewards. This newer type of reward provides more opportunity to redeem points for seats on Qantas flights, but doesn’t currently extend to Qantas’ partner airlines. It’s important to note that the number of points you’ll need to redeem fluctuates depending on the retail price, not just how far you’re travelling and the cabin you wish to sit in.
Points Plus Pay
The other way to redeem your points for flights is by using Points Plus Pay. This method converts the normal price of a fare into Qantas Points. Because this is based on the commercial price of the seat, this is typically at a lower conversion rate compared with Classic Flight Reward bookings.
Using Qantas Points for hotels
What are your Qantas Points worth if you use them to pay for hotel accommodation? Qantas is currently selling one night’s accommodation at the Grand Hyatt in Melbourne from $413 or 57,741 points. This means one point is valued at about 0.71 of a cent. Points seem to have a similar value whether the hotel is in Australia or overseas and regardless of whether it’s a three-, four- or five-star hotel. For example, to stay at the famous Raffles Hotel in Singapore, Qantas at the time of writing charges from $2,325 per night or 280,575 points, so points are worth about 0.82 of a cent each.
Using points to shop at the Qantas Marketplace
You can also use Qantas Points to buy products or gift vouchers via the Qantas Marketplace. But according to Australian Frequent Flyer, in terms of points-to-dollar value, this is one of the least valuable ways to spend your points. The Qantas Rewards Store might be worth considering if your points are about to expire (such as if you don’t earn or redeem at least one point every 18 months), or if you don’t intend on using your points for flights.
For example, through the Qantas Marketplace you can currently redeem 35,800 points for a Fitbit Inspire 3. If you buy this directly from the site, it’ll cost you about $179. This means your points are traded in at a rate of about half a cent apiece.
Here’s what your Qantas Points are currently worth if spent on products from brands recognised in Canstar’s Most Satisfied Customer Awards:
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| Qantas Marketplace product | RRP | Points | $ Value Per Point |
|---|---|---|---|
| Smeg 4 Slot 50’s Style Toaster | $349 | 69,800 | $0.005 |
| Blizzard CX1 Cat & Dog Bagless Vacuum Cleaner | $807 | 161,400 | $0.005 |
| Ninja Air Fryer Pro XL 6.2L | $199 | 39,800 | $0.005 |
Source: Qantas Marketplace, prices as at 08 August 2025.
Compared to flights and upgrades, you also won’t get much value if you redeem your points for gift cards either. For example, Qantas sells $50 David Jones gift cards for 10,900 points, meaning your points are worth about 0.46 of a cent each. You can also get a $50 Bunnings gift card for 11,650 points, which drops your point purchasing power down to just 0.43 of a cent apiece. At this rate 70,000 Qantas Points would only be worth $301 of equivalent value.
Other ways to redeem your Qantas Points
You may also be in a position to use your points to purchase or renew a Qantas Club Membership or to partly pay for Qantas Insurance premiums such as for Qantas health insurance and Qantas travel insurance. Points can also be used for hire cars and to buy alcohol through Qantas Wine. But according to the Australian Frequent Flyer, your points will only be worth an average of 0.6 of a cent if you redeem them this way.
How to earn more Qantas Points
If you’re keen to earn more Qantas Points, here are some tips that could help you top up your balance:
- If you currently have a credit card that earns Qantas Points, you could compare it with other cards on the market to see whether it’s still offering you good value. Consider the earn rate and any sign-up bonuses against factors such as the interest rate and annual fee. Bear in mind that frequent flyer cards tend to have a higher interest rate and annual fee compared to other types of cards.
- You can also earn points by shopping with retailers through the Qantas Shopping website. Partner retailers include Apple, David Jones and Woolworths online. These points are earned in addition to any points you get from a points-earning credit card.
- Another option is to buy Qantas Points but keep in mind this may not be great value depending on what you intend to use the points for. Points can be bought in blocks of 1,000 up to 150,000 points. A Service Fee of $35 will apply for Top-up Points purchased via the Frequent Flyer Service Centre.
Are Qantas Points worth it?
Whether Qantas Points are worth it for you will ultimately depend on how you choose to earn and use the points. Qantas has recently increased its redemption rates, and in some cases its fees, for its Classic Flight Rewards program—the program which allows you to buy a seat for a set number of Qantas Points. This makes it even more important to understand how much Qantas Points are worth, as well as the best ways to earn them.
