Earn double Qantas points on your savings until 30 Apr 2026 with the AMP Bank GO Everyday account.
For example, if you had an average monthly account balance of $100,000 you would earn 20,000 Qantas points each month.
You can earn the points on bank balances of up to $5,000,000. The points are calculated at the end of each month and credited within 30 days.
Whilst there are a number of savings accounts on the market offering interest rates of 4-5%, the benefit of points is that they’re generally not taxable whereas interest is.
If you’ve already got one of these accounts from the 1,000 points offer and are a high income earner, it could potentially make sense to collect Qantas points instead of interest that gets taxed.
However, the issue is that the double points only lasts until the end of April and then you’re back to the old rate which is unjustifiably low.
Terms and conditions
Terms and conditions effective Monday 2 February 2026.
1. The promoter is AMP Bank Limited ABN 15 081 596 009 (AMP Bank), AFSL and Australian credit licence 234517.
2. You can earn Qantas Points through the AMP Bank GO Qantas Frequent Flyer & Qantas Business Rewards Programs by:
- being a member of the Qantas Frequent Flyer (QFF) Program and/or the Qantas Business Rewards (QBR) Program; and
- linking your QFF or QBR Account by entering your membership number via the AMP Bank GO app.
Membership with the QFF Program and QBR Program is subject to the QFF Terms and Conditions and/or the QBR Terms and Conditions, as applicable.
3. Customers who link their QFF and/or QBR Account via the AMP Bank GO app will earn double Qantas Points on balances (earning 2 Qantas Points for every $10 of their average monthly account balance, up to $5,000,000) within their Everyday Account, Everyday Business Account and/or Joint Everyday Account until 30 April 2026. (Promotion)
4. Terms and conditions in relation to the:
- AMP Bank GO Everyday Accounts, Everyday Business Accounts and Joint Everyday Accounts, and
- AMP Bank GO Qantas Frequent Flyer & Qantas Business Rewards Program
apply and can be viewed at AMP Bank GO Transaction Account Terms and Conditions.
5. AMP Bank reserves the right to modify, suspend or terminate the Promotion at any time, for any reason, including if any aspect of this Promotion is not capable of running as planned, due to computer virus, communications network failure, bugs, tampering, unauthorised intervention, fraud, technical failure or any cause beyond the control of AMP Bank.
