A new partnership could see investors earning more than 15,000 Frequent Flyer points by trading shares.
The post Qantas (ASX:QAN) Frequent Flyer just inked a deal with Superhero. Here’s the lowdown appeared first on The Motley Fool Australia. –
Superhero has teamed up with Qantas Frequent Flyer to offer the platform’s users rewards.
At the time of writing, the Qantas share price is $5.72, 2.05% lower than its previous closing price.
Let’s take a closer look at the new benefit available to Superhero users.
Trade shares with Superhero – take off with Qantas
Here at The Motley Fool Australia, we’re well versed in the benefits of investing. And now, there’s a new one.
Investors using Superhero to facilitate their trades might soon have a holiday on the cards. They can now earn up to 15,000 Frequent Flyer bonus points by using the platform.
Superhero’s co-founder and CEO John Winters said of the deal:
There’s been a big generational shift for Australians to become more engaged with their finances – and this partnership will help us support more Australians with their investing and wealth goals – as well as literally helping them to take to the skies with Qantas.
Starting today, and for a limited time, Superhero users can get 10,000 Frequent Flyer bonus points by transferring an existing share portfolio to Superhero.
Another 5,000 Frequent Flyer bonus points are on offer through completing 10 eligible trades, each worth 500 bonus points.
After that, users can earn 100 Frequent Flyer points per trade. They will also be able to receive 1 Frequent Flyer point for every US$5 transferred from Australian dollars.
Qantas Loyalty’s CEO Olivia Wirth also commented on the partnership, saying:
Frequent flyers can earn points walking, sleeping, shopping, flying and now share trading…
Research shows that almost nine million Australians hold shares, so we think being able to earn points while trading shares will be popular with a large number of our frequent flyers.
The offer will run until 28 February 2022.
The post Qantas (ASX:QAN) Frequent Flyer just inked a deal with Superhero. Here’s the lowdown appeared first on The Motley Fool Australia.
Should you invest $1,000 in Qantas Airways right now?
Before you consider Qantas Airways, you’ll want to hear this.
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*Returns as of August 16th 2021
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.
The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.