In a recent development, Diners Club and Qantas has partnered together to bring to their customers a new rewards payment card. As a part of this offer members will be privy to a new exceptional level of service when they use this card. Additionally as a part of this offer members will have access to a World MasterCard on their Diners Club Account. This allows members to have acceptance on over 34 million outlets the world over.
Members using the Diners Club account and the World MasterCard will be privy to an exceptionally higher rate of earning on the Qantas Frequent Flyer Program. Every diners club member spending up to $60,000 on purchases using the card, eligible under the frequent flyer program, will be able to make 1.5 points for every dollar spent. Beyond the first $60,000 they will be able to make 1.25 points for every dollar spent. Similarly members using the World MasterCard for eligible purchases will be able to make 1 point on the Qantas Frequent Flyer program for every dollar spent up to the first $60,000 spent. Thereafter they will be able to make 0.75 points for every dollar spent on the Qantas Frequent Flyers Program.
As a bonus feature several travel benefits are also provided by the cards. The Diners Club card for example offers the members an access to over 450 international airport lounges. It also provides them with travel insurance and a limousine service at a discount. VIP treatment is provided to holders of the World MasterCard in some of the best accommodations and properties across the globe. All this is brought to the member for a meager $260 annual membership fees for the primary card holder and $50 for the add-on card holder.
Head of Diners Club Australia, Richard Wilde mentioned when announcing this that Diners Club is trying to directly compete with some of the exciting debit card products that are currently making rounds in the market. While debt cards are popular, they don’t offer any rewards for the purchases which customers make. Additionally while debit cards mean that the customers have to pay as soon as they make any purchase, Diners Club cards only require their members to pay their balance at the end of the payment cycle.
Julian Potter, Head of Cards for Citibank to which the Diners Club cards in Australia are connected to, mentioned that the Frequent Flyers Diners Club card is going to be a ‘hero’ Qantas offer for Citi in Australia. This new payment option for customers is going to be a market leader especially because of the added bonus of the frequent flyers points and the global travel services which comes bundled with it.