This was posted 8 months 10 days ago, and might be an out-dated deal.

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2 Qantas Points for Every $10 on Your Average Monthly Balance (up to 1 Million Points Per Month) @ AMP Bank GO

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2 Qantas Points for Every $10 on Your Average Monthly Balance (up to 1 Million Points Per Month) @ AMP Bank GO
Go to Deal
Darkpulsar on 02/02/2026 - 17:40 amp.com.au (311 clicks)
Last edited 03/02/2026 - 10:28 by 1 other user

Turn your everyday banking into double Qantas Points

We’re doubling your Qantas Points with AMP Bank GO. You can earn 2 Qantas Points for every $10 on your average monthly balance between 2 February 2026 to 30 April 2026. Just link your Qantas Frequent Flyer account to your AMP Bank GO Everyday Account. T&C's apply.

Double Qantas Points until 30 April 2026

Terms and conditions effective Monday 2 February 2026.

  1. The promoter is AMP Bank Limited ABN 15 081 596 009 (AMP Bank), AFSL and Australian credit licence 234517.
  2. You can earn Qantas Points through the AMP Bank GO Qantas Frequent Flyer & Qantas Business Rewards Programs by: being a member of the Qantas Frequent Flyer (QFF) Program and/or the Qantas Business Rewards (QBR) Program; and linking your QFF or QBR Account by entering your membership number via the AMP Bank GO app.
    Membership with the QFF Program and QBR Program is subject to the QFF Terms and Conditions and/or the QBR Terms and Conditions, as applicable.
  3. Customers who link their QFF and/or QBR Account via the AMP Bank GO app will earn double Qantas Points on balances (earning 2 Qantas Points for every $10 of their average monthly account balance, up to $5,000,000) within their Everyday Account, Everyday Business Account and/or Joint Everyday Account until 30 April 2026. (Promotion)

AMP Referrals

AMP Bank Go: random (73)

Referrer: $50 per referral, with a cap of $150 for 3 referrals.
Referee: $50 after completing these tasks within 30 days:

  1. Quote a referral code to AMP LiveChat in app (can be done after signup),
  2. Deposit $2,000 from an external source,
  3. Make at least 3 settled (completed) card transactions of more than $10 each using their AMP Bank GO Everyday Debit Mastercard (including through Apple Pay or
    Google Pay).

Terms & Conditions

Financial Bank Account Frequent Flyer Qantas Frequent Flyer Reward Points Transaction Account

Related Stores

AMP
AMP
Qantas
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Closed Comments

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  • boretentsu on 02/02/2026 - 17:48

    Might raise some AML flags moving $5m in cash

    • 1
  • minijumbuk on 02/02/2026 - 17:58

    Isn't this equivalent to less than 2.5% pa interest earnings. Also isn't this getting close to encouraging people to dodge tax by dressing up interest earned as Qantas points?

    • 6
    • Big L on 03/02/2026 - 15:00

      THIS is the tax dodge that you're concerned about?!

      • 0
  • Hellcat on 02/02/2026 - 18:15

    Can be ok if get points in offset account

    • 0
  • Smilence03 on 02/02/2026 - 18:25

    The fact that this is a transactional account with no eligibility to earn interest is like a deal killer for me. If I have A$5M in savings, why wouldn’t I just park them at Macquarie and earn my interest there?

    • 0
    • zoza on 02/02/2026 - 18:39

      Yeah agree , wish it was interest savings account

      • 0
  • Dyl on 02/02/2026 - 20:42

    Any decent Qantas points deals since BankWest one died?

    It is only 3-4% usually but it’s tax free.

    • 0
  • voteoften on 02/02/2026 - 21:54

    Dies anyone know if this us for existing accounts as well?

    • 0
  • Shaolinking on 03/02/2026 - 00:55

    This isn’t a new deal, also point vs value is damn low

    • 0
    • Big L on 03/02/2026 - 15:08

      It seems that the double points for 3 months is new?

      Isn't 3m Qantas points for leaving $5m in an account for 3 months good value?*

      I'm unsure of the value of the points, but 4% interest would yield ~$60K?*

      *I don't have $5m cash, so all assumptions are dreamative speculation

      • 0
  • Gaz1 on 03/02/2026 - 22:04

    This was a good deal a while back when the normal bank interest rates were only 2%, but now not really worthwhile (aside from tax advantage).

    • 0
  • Coops1 on 19/02/2026 - 14:32

    Interest on 100k would be $500 @ 5%

    Point's on 100k would be 20k worth $200 @ say 1c a point.

    And this is really only for 2 months March and April, when it reverts to 10k in points.

    • 0
  • capslock janitor on 06/04/2026 - 14:43

    this could be better if it was on top of the savings rate instead of txn acc

    • 0
  • jikijiki on 07/05/2026 - 23:55

    Deal has been extended to end of May.

    • 0
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