Can Your Home Loan Earn Frequent Flyer Points?

Can a home loan in Rockingham, Kwinana or Baldivis help homeowners earn frequent flyer points? They can now with a QANTAS Frequent Flyer home loan. Our mortgage brokers have helped provide a lot of home loan products to people in the Kwinana, Baldivis and Rockingham areas, but this is a totally unique loan and one of the most creative programs we have seen.

How Does It Work?

Mortgage Brokers Discuss QANTAS Frequent Flyer Home LoanThe QANTAS Frequent Flyer Home Loan is so easy that you will think it is on auto-pilot. The simple version: take out a QANTAS Frequent Flyer Loan and get frequent flyer points. For those who would like to burden themselves with the specifics, here they are.

For every $100,000 that is borrowed at settlement, QANTAS gives 10,000 Qantas points as an “introductory gift.” For example, if your loan is $400,000, you will receive 40,000 Qantas points.

For every month that your balance is at least $150,000 on the last business day, QANTAS will give you 1,000 Qantas points.

QANTAS is also sentimental and wants to give you 2 anniversary presents: if your outstanding balance is $150,000 or higher on the last business day of the month of third anniversary of the loan, QANTAS will give you 25,000 Qantas points; for your fifth anniversary, QANTAS will give you another 25,000 Qantas points under the same conditions.

QANTAS also offers a Visa card that gives you one Qantas point for every $1 you spend on eligible purchases.

Why We Like this Loan

We think this loan is great for people who like to fly. We also like seeing loan companies compete for your business. This home loan is just “splashy” enough that it could send ripples through the industry. If it is successful, we could see a lot more lenders providing “rewards” or rebates of some kind for loans.

At the very least, it is proof that lenders are very motivated to find qualified borrowers. This creates a sort of “buyer’s market” in the home loan industry which can only bode well for the consumer.

Call Smartline Mortgage Brokers Rockingham

Call us on (08) 9527 1800 to find out more about the QANTAS Frequent Flyer Home Loan and some of our many credit products from other lenders.