Bankwest Qantas Transaction Account

Bankwest has launched a new transaction account – the Bankwest Qantas Transaction Account. It is the only everyday transaction account that allows customers to earn Qantas points.

Customers will earn five points for each debit transaction (cash withdrawals are not eligible). Points also accrue on the account balance at the rate of 0.4 points per A$100 per day (in other words, a $1000 balance would earn four points a day).

The bank is offering new customers 10,000 points if they deposit $2000 a month for three months after opening the account.

Source: Banking Day