Hi all,
Just wanting to get thoughts on whether or not this is a good deal.
https://www.qantas.com/au/en/frequent-flyer/use-points/top-u…
For reference, I'm looking to try and book a round the world trip in 2023 and have approx 200k points.
I do have capacity to apply for 1-2 credit cards in the next 12 months.
Limited time offer
Bonus Qantas Points will be awarded for purchases of Top-up Points on qantas.com that take place between 12.01am (AEST) 14 June 2022 and 11.59pm (AEST) 19 June 2022. Members who purchase 1,000 to 4,000 points will not receive bonus points. Members who purchase 5,000 to 70,000 points will receive 40% bonus points. Members who purchase 75,000 to 120,000 points will receive 50% bonus points. Members who purchase 125,000 to 150,000 points will receive 60% bonus points. Points must be purchased in increments of 1,000. A minimum of 1,000 points and a maximum of 150,000 points can be purchased per transaction. Qantas Points may be purchased only to redeem a specific Reward, do not have a monetary value and cannot be converted to money. Top-up Points can be purchased four times per member in a 12-month period. You must be a Qantas Frequent Flyer member for at least 30 days before purchasing Top-up Points. Points can only be credited to the purchasing member's account and are non-refundable. Read the full Terms and Conditions.
Even at the best bonus its $2730 for 100k +50k bonus. 1.82c per point. It's a very expensive way to accumulate points vs just getting approved for a credit card with a 100k sign on bonus.
Taxes on a round the world will also add around $2,000 to ticket cost and you'll probably find it's barely worth it (especially if you don't have status to be able to book good flights).