To participate you will need to enter your login details:
Go Back   The Australian Frequent Flyer Online Community> > Credit Card Loyalty Programs > CitiBank Rewards Program
 
   

 


TSA Approved Locks
product picture

Passengers fail to respond to cabin emergency

» Read Article

My first TR: Melbourne for a Weekend!

» Read Report


Reply

Registered Users have the option of removing this and all other advertisements.  More

 
LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old 14th June 2008, 10:56 AM
oz_mark's Avatar
Senior Member
 
Join Date: Jun 2002
Location: Melbourne
Member of: QF FF, SQ KF, DJ Velocity, MH enrich
Posts: 6,594
Re: Citibank halving exchange rates when converting to QFF

Quote:
Originally Posted by Chicken View Post
I will get her to switch back to Altitute after this year, so we can convert at .05 mile with Singapore (hence *A), instead of 0.5km with QF.

QF enhanced their scheme from km to miles some time ago, so they both use miles now.

__________________
Air: QFF Gold
Hotel: PC Plat, Hyatt GP: Plat, HH: Silver
Car: Avis preferred
On the Road to LTS: 98.1%
Reply With Quote
Sponsored Links
Registered Users have the option of removing this and all other advertisements.  More
  #12 (permalink)  
Old 14th June 2008, 11:24 AM
Chicken's Avatar
Member
 
Join Date: May 2006
Posts: 132
Re: Citibank halving exchange rates when converting to QFF

Quote:
Originally Posted by oz_mark View Post
QF enhanced their scheme from km to miles some time ago, so they both use miles now.
OK, but QF still sucks with their burn ratio, say SYD - LHR

QF needs 128000
VS needs 105000
SQ needs 95000

So I really don't value QF that much anymore since Westpac starts converting points to SQ
Reply With Quote
  #13 (permalink)  
Old 15th June 2008, 12:17 PM
oz_mark's Avatar
Senior Member
 
Join Date: Jun 2002
Location: Melbourne
Member of: QF FF, SQ KF, DJ Velocity, MH enrich
Posts: 6,594
Re: Citibank halving exchange rates when converting to QFF

One wonders what is going on - SPG dropping out, Citibank halving redemption rates all points to the cost of points being jacked up, presumably at a contract renewal point. It will be interesting to see if other partners change the amount of QFF points you get.

I think if QF want to increase the number of places that you can earn points then they are going to have to be a bit careful on how much they charge their partners for the points, otherwise this strategy will not work. The outcome maybe that it will be easier to get points on other programs such as KrisFlyer, as people work out that this is a more valuable proposition.
__________________
Air: QFF Gold
Hotel: PC Plat, Hyatt GP: Plat, HH: Silver
Car: Avis preferred
On the Road to LTS: 98.1%
Reply With Quote
  #14 (permalink)  
Old 16th June 2008, 11:06 AM
beardoc's Avatar
Member
 
Join Date: Jul 2005
Member of: QFF/QP Life/AA/UA Premier 2008/SQ Silver 2005
Posts: 494
Re: Citibank halving exchange rates when converting to QFF

Quote:
Originally Posted by oz_mark View Post
One wonders what is going on - SPG dropping out, Citibank halving redemption rates all points to the cost of points being jacked up, presumably at a contract renewal point. It will be interesting to see if other partners change the amount of QFF points you get.

I think if QF want to increase the number of places that you can earn points then they are going to have to be a bit careful on how much they charge their partners for the points, otherwise this strategy will not work. The outcome maybe that it will be easier to get points on other programs such as KrisFlyer, as people work out that this is a more valuable proposition.
Agreed - I think will particularly be the case if Virgin Blue gets themselves into Star Alliance. Being able to earn Krisflyer points will mean I'll move my points earning there (better proposition), and if DJ joins, then I would bring my flights domestically to DJ in order to supplement my Star Alliance points earning rate.
Reply With Quote
  #15 (permalink)  
Old 19th June 2008, 03:35 PM
BiziBB's Avatar
Member
 
Join Date: Aug 2006
Location: Sydney's bushy north
Member of: have most but seeking QFF & GFF miles
Posts: 174
Re: Citibank halving exchange rates when converting to QFF

No sign of such a cut to the Citi Gold MC, at least on the statement in my letterbox yesterday. I was worried there for a while!

What's the best use of 50k QF miles, anyway?

If Citi could allow Citi cardholders to redeem for non-QF miles, our rewards might be more useful.
Reply With Quote
  #16 (permalink)  
Old 20th June 2008, 10:56 PM
casp's Avatar
Junior Member
 
Join Date: Nov 2005
Posts: 27
Re: Citibank halving exchange rates when converting to QFF

Today I called Citibank, asked them why they changed the rate without any notification. The lady told me it's on May's statement. I said I got my May's statment in my hand, but there is no where mentioned about the change. Then she said it's on April's statement. I said I got my April's statement in my hand as well, show me where. She said she wasn't sure and put me to the reward department. I asked the reward department the same questions, they said it's on May's or April's statement. I told this lady it's nothing there. She said it's on March's statement then. I asked if I could fax her my March statement and if she could point out where it's mentioned about the change. Her reply was the notification was published on 1st April 'The Australian' as well!
I am not sure there is nothing printed on my statement. I didn't receive any notification on seperated paper neither. Anyone got the same experience? I asked the Citibank's customer care fax number, will send them a formal complaint in writing. If anyone have the same experience, please send your complaint to 02 82255131.
Reply With Quote
Sponsored Links
Registered Users have the option of removing this and all other advertisements.  More
  #17 (permalink)  
Old 20th June 2008, 11:05 PM
oz_mark's Avatar
Senior Member
 
Join Date: Jun 2002
Location: Melbourne
Member of: QF FF, SQ KF, DJ Velocity, MH enrich
Posts: 6,594
Re: Citibank halving exchange rates when converting to QFF

On the back of the April or May statement do you have something headed "Travel with Citi Rewards"? It's part of the fine print of that ad!
__________________
Air: QFF Gold
Hotel: PC Plat, Hyatt GP: Plat, HH: Silver
Car: Avis preferred
On the Road to LTS: 98.1%
Reply With Quote
  #18 (permalink)  
Old 20th June 2008, 11:08 PM
oz_mark's Avatar
Senior Member
 
Join Date: Jun 2002
Location: Melbourne
Member of: QF FF, SQ KF, DJ Velocity, MH enrich
Posts: 6,594
Re: Citibank halving exchange rates when converting to QFF

The relevant parts of the T&C's have been updated as

Quote:
For Platinum and Gold Cardholders, 1 Citi Reward point may be redeemed for 1 Qantas Frequent Flyer point. For Silver Cardholders, 2 Citi Reward points may be redeemed for 1 Qantas Reward point. Redemption amounts must be in fixed blocks using a minimum number of Reward points as specified by Citibank at the time of redemption. Points transferred may take two business days or longer to appear in the member's Qantas Frequent Flyer account.
See: https://www.citibank.com.au/AUGCB/IC...onditions.html
__________________
Air: QFF Gold
Hotel: PC Plat, Hyatt GP: Plat, HH: Silver
Car: Avis preferred
On the Road to LTS: 98.1%
Reply With Quote
  #19 (permalink)  
Old 20th June 2008, 11:25 PM
casp's Avatar
Junior Member
 
Join Date: Nov 2005
Posts: 27
Re: Citibank halving exchange rates when converting to QFF

Quote:
Originally Posted by oz_mark View Post
On the back of the April or May statement do you have something headed "Travel with Citi Rewards"? It's part of the fine print of that ad!
No, nothing on my Feb, March, April, May and June statement!
Reply With Quote
  #20 (permalink)  
Old 27th June 2008, 04:27 PM
BiziBB's Avatar
Member
 
Join Date: Aug 2006
Location: Sydney's bushy north
Member of: have most but seeking QFF & GFF miles
Posts: 174
Question Re: Citibank halving exchange rates when converting to QFF

Hello fellow Citi gold for life cardholders,
I'm looking to transfer a 50k block into my QFF.
Possible or do I have to do it ONLY in blocks of 20k at a time?

I figure this is a last chance to try to get value from the miles.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Amex Foreign Currency Exchange Rates JohnK American Express Rewards 10 14th November 2007 02:13 PM
Hilton Honors Room Rates Chucksta Your Questions 2 29th June 2007 11:47 AM
CURRENCY EXCHANGE PERTH! evangelionpunk Your Questions 35 4th August 2005 09:49 PM


All times are GMT +11. The time now is 05:34 PM.


 
Powered by vBulletin Version 3.7.0. Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0 RC4 ©2008, Crawlability, Inc.
Designed by
 
Copyright © 1998 - 2008, The Australian Frequent Flyer. All Rights Reserved.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81