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Um, I hate to tell you this but that is far from free - or even "cheap". 1% over say 6 weeks that you have left the money in the account annualised is around 9%. Thats the same amount as if you took out an unsecured line of credit to do the same thing. So if you did that with $10,000 over the course of the year it would have cost you $869 to get 10,000 points. they're cheaper than that over at qantas.com.au
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