Like everthing that Qantas touches this scheme has become another rort. About 5 years ago I found Leveraged Equities gave 1 point for every $ of loan if you paid an extra 1% interest. As the loan was tax deductable this was great. After useing most of my points I went back to do it again to find that it was now .6 points per $ and to redeem them against Woolies or Caltex cash cards I needed 50% more points than the previous time. No longer worth it. Just a small adjustment by QF to the scheme.