Yet another American Express devaluation - 20%

1 reply

MUTXCL

Qantas - Qantas Frequent Flyer

Member since 25 Apr 2019

Total posts 1

Under the usual (and deliberately innocuous) heading of "changes" American Express has this morning devalued from 10 January 2024 the everyday spend earn rate on the Qantas American Express Ultimate Card, reducing it after 100,000 Qantas points from 1.25 to 1. As is also usual, the American Express notice then poses questions no-one is asking and deliberately avoids answering/justifying/explaining the key question: Why?

mspcooper

Qantas - Qantas Frequent Flyer

Member since 09 May 2013

Total posts 456

Higher profits disguised as higher cost of doing business?

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