I fully agree that the One World Classic Rewards is hands-down the best way to use Qantas points. In your value calculations, however, you forgot to deduct the taxes which can be quite hefty. My upcoming One World Classic Rewards redemption cost me 318,000 points and $2500 in taxes for 11 flights on 7 different airlines with a total distance of 32,500 miles. Another advantage of the One World Classic Rewards redemption is that unlike paid round-world fares, you can back-track which allows you to fit in a lot more flights and stop-overs. When I value my own points the formula I use is (V-T)/P where "V" is what I would be willing to pay in cash for the trip. I usually base my "Value" of the trip on the occasional heavily discounted RTW fares on offer, a little bit like your recalculation of the value of points to buy headphones being valued based on the Big-W price. At the moment, these start at around $7,000 but are bit more restrictive in terms of stopovers and back-tracking than One World Classic Rewards. For a simpler trip, taxes would probably only be about $1500, so that translates to about 1.7 cents per point.
Thank you Raymond You provide exactly the sort of information and opinion I was looking for. Moreover your presentation was clear, concise and well-paced, with helpful simple calculations of point values for various redemption categories. And, to top it off, you told us about the OneWorld option which was a total revelation to me. Thanks again!
Many assume classic rewards are all same. A classic rewards points plus pay is far cheaper. Eg 41900 pts Syd-Lax v 235000 for a full rewards seat. The classic rewards pts and pay has 178 cost for saving 189000 pts. And they are far far more abundant
Thank you for sharing! Your videos are very concise and easy to understand. Very helpful so far 😊 And to continue on this topic, I would love to see a comparison of the best credit cards the accumulate Qantas Frequent Flier Points for which has the better value between fees, bonus points and extras
You missed a key issue for upgrades. Paidseats rank behind classic reward seats ignoring Ff tier. A bronze member with a classic seatcreward will upgrade ahead of a cash fare by most other tiers. Tyen pts plus pay ranks ahead of cas too !! Hence using classic rewards seat redemption plus upgrades are cheaper and more successful
Qantas classic pts plus pay can sometimes include AA on the Syd-Lax route. With prem economy as a upgrade it can be a massive saving. Qantas quote the upgrade but its the total fare but yey misdescribe it as extra..its not...So a Econ fare may be 41900pts +$178. Then the PE AA upgrade is quoted at 71450pts. But its not that at all. Its under 39000pts extra.
To be honest, I’m over Qantas. A loyal customer for years, I’ve notice Qantas has crashed their points value. Before Covid, the points had value, apparently now after Covid, they are worthless. With 800k points in my account, I’m past going to Qantas, other provider are getting my attention and business.
@@raymondla Sadly I’m finding better deals on Webjet. I tried to stay loyal. A can see Qantas wanting another public bail out soon. Alan might need to tender his letter!
I fully agree that the One World Classic Rewards is hands-down the best way to use Qantas points. In your value calculations, however, you forgot to deduct the taxes which can be quite hefty. My upcoming One World Classic Rewards redemption cost me 318,000 points and $2500 in taxes for 11 flights on 7 different airlines with a total distance of 32,500 miles. Another advantage of the One World Classic Rewards redemption is that unlike paid round-world fares, you can back-track which allows you to fit in a lot more flights and stop-overs. When I value my own points the formula I use is (V-T)/P where "V" is what I would be willing to pay in cash for the trip. I usually base my "Value" of the trip on the occasional heavily discounted RTW fares on offer, a little bit like your recalculation of the value of points to buy headphones being valued based on the Big-W price. At the moment, these start at around $7,000 but are bit more restrictive in terms of stopovers and back-tracking than One World Classic Rewards. For a simpler trip, taxes would probably only be about $1500, so that translates to about 1.7 cents per point.
Thank you Raymond
You provide exactly the sort of information and opinion I was looking for.
Moreover your presentation was clear, concise and well-paced, with helpful simple calculations of point values for various redemption categories.
And, to top it off, you told us about the OneWorld option which was a total revelation to me.
Thanks again!
Really appreciate that feedback Malcolm! Glad you found the video so informative!
Many assume classic rewards are all same. A classic rewards points plus pay is far cheaper. Eg 41900 pts Syd-Lax v 235000 for a full rewards seat. The classic rewards pts and pay has 178 cost for saving 189000 pts. And they are far far more abundant
Thanks so much. We want to make an international trip with my family at the end of this year, so trying to find ideas on how to save the most points!
Glad it was helpful, have fun on your trip!
Well explained mate, great video!
Glad you liked it!
Great video and great information 👍
Glad it was helpful!
Thank you for sharing! Your videos are very concise and easy to understand. Very helpful so far 😊 And to continue on this topic, I would love to see a comparison of the best credit cards the accumulate Qantas Frequent Flier Points for which has the better value between fees, bonus points and extras
Glad it was helpful! Great suggestion I'll look into that topic for a future video!
Thanks for your tips!
Glad you enjoyed the video!
Love it Ray
great video ! thanks man!
You missed a key issue for upgrades. Paidseats rank behind classic reward seats ignoring Ff tier. A bronze member with a classic seatcreward will upgrade ahead of a cash fare by most other tiers. Tyen pts plus pay ranks ahead of cas too !! Hence using classic rewards seat redemption plus upgrades are cheaper and more successful
Awesome! Great video
Glad you're enjoying the content Michael!
How can I work out the upgrade cost from a normal economy ticket to business? Thanks.
Thanks Raymond, how do you book with oneworld classic reward seats?
Hey Alice - I talk about how to book classic reward seats here 🙂 - ua-cam.com/video/l-atOffk3_I/v-deo.html
Qantas classic pts plus pay can sometimes include AA on the Syd-Lax route. With prem economy as a upgrade it can be a massive saving. Qantas quote the upgrade but its the total fare but yey misdescribe it as extra..its not...So a Econ fare may be 41900pts +$178. Then the PE AA upgrade is quoted at 71450pts. But its not that at all. Its under 39000pts extra.
👍❤️
Air Canada's one has Amazon... too me that's far better and a wider range at $1 for 1 point
To be honest, I’m over Qantas.
A loyal customer for years, I’ve notice Qantas has crashed their points value.
Before Covid, the points had value, apparently now after Covid, they are worthless.
With 800k points in my account, I’m past going to Qantas, other provider are getting my attention and business.
I have definitely noticed that trend as well, AMEX or CitiBank are great alternatives if you don't want to be locked into one airline program.
@@raymondla
Sadly I’m finding better deals on Webjet.
I tried to stay loyal.
A can see Qantas wanting another public bail out soon.
Alan might need to tender his letter!
If you book a hotel through different we you are not earning points.
Oh! But you can earn flights from booking Hotels!
Not sure how you got 19,000 points when its 12,000
so when you spend $1, you get 0.6c back?
And people are into this?
😄😄😄