Woolworths replaces Qantas Frequent Flyer program with $10 off your shop scheme

Supermarket giant Woolworths has scrapped its QFF points program and will be replacing it with a loyalty scheme that rewards its 9 million customers with cash discounts off their shop.

In a statement Woolworths explained the revitalised loyalty program, dubbed ‘Woolworths Rewards’, will allow members of the program to earn $10 off their shopping at least twice as fast as its major competitor’s loyalty scheme.

RELATED: Pack your bags bonus Qantas points!

Research conducted by Woolworths showed that 68% of its customers want money off their shopping, compared to just 9% who prefer accruing points. On top of this shoppers think it takes too long to accrue enough points in loyalty programs to redeem rewards in points-based schemes.

The new program will allow customers to earn ‘Woolworths Dollars’ rather than Qantas Frequent Flyer Points at participating Woolworths Supermarkets and BWS stores when they use their Woolworths Rewards card at the checkout. Items that accrue Woolworths Dollars are marked with an orange ticket. Once a customer’s Woolworths Dollars balance reaches $10, that amount will be taken off their next shopping bill.

“Woolworths Rewards gives customers money off their shopping, fast. The beauty of the program is customers just shop as normal and the rewards look after themselves. It’s 100% relevant to 100% of our shoppers, totally automatic and hassle free,” Woolworths Food Group Managing Director, Brad Banducci said.

“Our customers also want relevant offers, tailored to them, from their supermarket loyalty program. Woolworths Rewards will ensure they receive many more offers on products they know and love or are likely to try.”

Analysis by the Australian Consumer, Retail and Services (ACRS) research unit at Monash Business School showed it would take a typical shopper spending $108 per week just over seven weeks to earn enough Woolworths Dollars to take $10 off their shop.

If you’re a Woolworths rewards member you should automatically receive a new Woolworths Rewards card in the post from Wednesday 28 October.

Credit card comparisons on Mozo - rates updated daily

Search promoted credit cards below or do a full Mozo database search. Advertiser disclosure.
  • Apply By 30 June 2021
    placeholder
    Bendigo Bank Low Rate Credit Card

    0% p.a. balance transfer for 24 months (Reverts to 11.99% p.a). Low annual fee of $45 and no fees for additional cardholders.

    Purchase rate
    Balance transfer rate
    Annual fee
    Rewards program
    11.99% p.a.
    0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
    $45
    -
    Go to site
    Details
  • Apply By 7 September 2021
    placeholder
    Westpac Low Rate

    Enjoy a super low rate of 13.74% with 55 days interest free plus 0% balance transfer for up to 28 months at 1% BT fee. No annual card fee for the first year, $59 thereafter.

    Purchase rate
    Balance transfer rate
    Annual fee
    Rewards program
    13.74% p.a.
    0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
    $59 $0 in the first year
    -
    Go to site
    Details
  • placeholder
    Defence Bank Foundation Credit Card

    Defence Bank Low Rate Credit Card offers a 3.99% p.a. 6 month introductory rate on balance transfers, purchases and cash advances. Up to 55 days interest free on purchases.

    Purchase rate
    Balance transfer rate
    Annual fee
    Rewards program
    3.99% p.a. for 6 months then 8.99% p.a.
    3.99% p.a. for 6 months and then 8.99% p.a.
    $45
    -
    Go to site
    Details
  • placeholder
    Mozo Experts Choice 2020
    American Express Cashback Credit Card

    Enjoy up to 6% cashback on eligible purchases in the first three months. Additional 1.5% cashback with American Express Shop Small Campaign (conditions apply). Complimentary perks and insurances. Eligibility criteria and T&Cs apply.

    Purchase rate
    Balance transfer rate
    Annual fee
    Rewards program
    20.74% p.a.
    No current offer
    $120
    Cashback Rewards
    Go to site
    Details
  • placeholder
    St.George Vertigo

    0% p.a. for 28 months on balance transfers requested at card application. 0% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. New cards only, Eligibility criteria and T&Cs apply. Offer ends September 28th 2021.

    Purchase rate
    Balance transfer rate
    Annual fee
    Rewards program
    13.99% p.a.
    0% p.a. for 28 months and then 21.49% p.a.
    $55
    -
    Go to site
    Details

^See information about the Mozo Experts Choice Credit Cards Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.