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Swap your Woolworths fuel savings for Qantas Frequent Flyer points

Join Woolworths Everyday Rewards program. When we spend $30 or more at any Woolworths supermarket, we get fuel vouchers for 4c discount per litre at CALTEX WOOLWORTHS / SAFEWAY co-branded fuel outlets.

Recently, Woolworths offers an option to swap fuel savings for Qantas Frequent Flyer points. Instead of 4c discount per litre, we get 2 Qantas Frequent Flyer points per litre. Woolworths has another offer with Qantas that we can redeem Qantas Frequent Flyer points for Woolworths gift cards. 750 Qantas Frequent Flyer points can be redeemed for $5 Woolworths gift card.

See Woolworths program details here.

Now here is the catch: Why would you swap your fuel savings for Qantas Frequent Flyer points?

* With fuel voucher, 1 litre = 4c discount.
* With Qantas points, 1 litre = 1.3c value. (2 points * $5 / 750)

4c vs 1.3c

It's obvious, isn't it?  Unless you are saving up points for tickets, fuel voucher is still a better deal.

What do you think?

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