Transfer A$ or US$10,000 Worth of Shares to Your New Superhero Trading Account, Hold for 120 Days, and Earn 10,000 Qantas Points

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tooblue on 09/10/2023 - 19:23 superhero.com.au (119 clicks)
Last edited 10/10/2023 - 01:40 by 1 other user

Key points:

• For new or existing individual Superhero customers who had not previously redeemed a Transfer Offer;
• Transfer AU$10,000 worth of AU shares or US$10,000 worth of US shares to a Superhero Trading Account;
• Have the shares in your Superhero Trading account by the end date of the Offer Period (ie. 31 January 2024).

To be eligible for the Superhero QFF Transfer In Offer you must:

• have a verified Superhero Trading account;
• be 18 years of age or over;
• have a valid QFF member number in your own name (see section 5 below);
• have linked your QFF account to your Superhero account from the ‘Profile’ tab in your Superhero account;
• complete an Eligible Share Transfer into a Superhero Trading account during the Offer Period of a minimum of either AU$10,000 worth of Australian shares or US$10,000 worth of US shares;
• retain any shares from Eligible Share Transfers in your Superhero Trading account for 120 days or more without transferring these shares out of your account;
• be either a new or existing Superhero customer who has not previously redeemed the Transfer In Offer by making an Eligible Share Transfer in AU or US shares (offer can only be redeemed once by each Individual Customer up to a maximum of 10,000 QFF points and cannot be redeemed multiple times by the same Individual Customer holding more than one account in their name); and
• have the shares in your Superhero Trading account by the end date of the Offer Period (ie. 31 January 2024).

Related Stores

Superhero

• • 

    bsm2122 on 09/10/2023 - 19:28

    +1

    You transfer shares not cash. As far as I know you can't get interest on shares.

    • 

      mulder1989 on 09/10/2023 - 19:56

      Dividend?

    • 

      GreenLego on 09/10/2023 - 20:00

      Repo

• 

  Moderatoralvian on 09/10/2023 - 19:33

  Superhero's web page already answered OP's question. Question removed from description. OP please avoid asking questions in your post description and put them in the comments section.

  Does this mean the share must stay in the Superhero account at 31/01/2024 or the transfer must happen before 31/01/2024?

  Share must stay for 120 days or more.

  retain any shares from Eligible Share Transfers in your Superhero Trading account for 120 days or more without transferring these shares out of your account

  The transfer must happen on or before 31/1/2024.

  shares must be received into your Superhero Trading account prior to the end date of the Offer Period (ie. 31 January 2024).

  The shares must be kept in your account until 1/2/2024 at the earliest (31/1/2024 being 120 days from the commence date of the promotion 3/10/2024).

  have the shares in your Superhero Trading account by the end date of the Offer Period (ie. 31 January 2024).

  • 

    amorn on 21/10/2023 - 13:05

    so you can't sell for 120 days?

• 

  wetwork on 09/10/2023 - 20:07

  Hey - what could possibly go wrong with this?
  Plus will Qanatas answer the phone or email if you need help with the points?

  • • 

      wetwork on 09/10/2023 - 22:57

      Exactly - Superhero makes it difficult to get your money back

• 

  Repstar on 09/10/2023 - 20:28

  Is this a joke lol

• 

  DavyD on 09/10/2023 - 21:11

  Not chess sponsored, no thanks. They messed my franking credits once.

  • 

    dottydotdot on 10/10/2023 - 12:11

    Isn't that what the share registry does, make sure you get the right monies?

• 

  SpiderBite on 09/10/2023 - 21:13

  Qantas can go suck it.

• 

  Radio8tiv on 09/10/2023 - 23:29

  I’m always happy to collect a few Qantas points but on this one I’m out.

• 

  Greeck24 on 10/10/2023 - 00:06

  +1

  They will do everything to dont honour the promo, it happened to me. check reviews

• 

  cook99 on 10/10/2023 - 00:14

  -1

  They paid all the previous Qantas bonuses for me, but works out terrible value. $180 of lost interest in the bank for 10k points, eww

• 

  amorn on 21/10/2023 - 13:06

  +1

  so you can't sell for 120 days? what is 10k qff worth?

  • 

    rokufan on 21/10/2023 - 22:53

    10,000 points are equal to about $140 in flight value on average. (Source: https://www.thepointcalculator.com)

    The value of Qantas Frequent Flyer Points can vary greatly depending on how they are redeemed. Here are some common reward choices:

    • Each Qantas Point spent on Economy Classic Reward flights is typically worth between 1.4 cents and 2.5 cents¹.
    • Each Qantas Point spent on Premium Classic Reward flights is typically worth between 3.5 cents and 4.5 cents¹.
    • If you make a business class reward booking or upgrade on a domestic flight, your points can be worth anywhere between 2.14 and 8.48 cents each².
    • However, if you go shopping at the Qantas Store, the value of your points can plummet to around half a cent each².

    Please note that these values can fluctuate and the actual value you get may depend on how you choose to use your points¹². It's always a good idea to consider your >options carefully to get the most value out of your points..

    Source: Conversation with Bing, 21/10/2023
    (1) How much is 1 Qantas Frequent Flyer Point worth? Oct 2023 - Finder. https://www.finder.com.au/frequent-flyer-analysis-how-much-i….
    (2) How much is a Qantas frequent flyer point worth? - Executive Traveller. https://www.executivetraveller.com/what-is-a-qantas-frequent….
    (3) What is the value of Qantas frequent flyer points? - RateCity. https://www.ratecity.com.au/credit-cards/articles/value-of-q….