The Australian Consumer and Competition Commission has issues with the business practices of loyalty schemes and says some even have the potential to cause widespread consumer detriment.
Loyalty schemes may be free to join but you are still handing over your highly valuable personal data
Qantas is offering frequent flyer points in return for basic car maintenance in a bid to lure customers to its latest loyalty program extension:auto insurance.
The chief executive of Australia's third largest loyalty program,Velocity Frequent Flyer,expects the scheme will grow faster when its airline partner Virgin Australia regains full ownership of the business.
Aldi is taking an'if it ain't broke,don't fix it'approach to its Australian operations and refusing to match the latest offerings from Coles and Woolies
More people will be able to find flights,but points hoarders won't be happy at the extra cost for business class flights.
Last week I bought 50 kilos of dried dog food instead of real groceries because the frequent flyer points on the dog food were,like,three times better than on human food.
The process of claiming a"cashback offer"can be both extremely frustrating and time consuming.
Qantas has set its sights on big-spending shoppers to grow its fledgling financial services business,as its switches the focus of its loyalty scheme from frequent flyers to"frequent buyers".
Banks'credit card loyalty schemes have always offered questionable value for many consumers,but the generosity of these programs is hitting new lows.
Anybody on an average wage can earn mountains of airline points every year and then swap those points for spacious business class seats.