I also believe Qantas has failed to meet the targets of their credit card loyalty point snatching attempt.
One of the effects is that we are now seeing credit card companies offering co-branded cards with overseas airlines and this will make the Qantas branded cards seem less attractive.
As for my Amex MR points I think they are much better off in Amex MR account for use at a later time. Qantas will continue to get the Qantas spend on the Amex Qantas Premium card until the annual fee is due in January. No fee waiver on the Amex Qantas Premium and all spend goes back into Amex Gold card.


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