Qantas (ASX:QAN) Frequent Flyer just inked a deal with Superhero. Here's the lowdown

A new partnership could see investors earning more than 15,000 Frequent Flyer points by trading shares.

| More on:
a woman holds her hands up in delight as she sits in front of her lap

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Those who use share trading platform Superhero to invest in Qantas Airways Limited (ASX: QAN) could be in for a double whammy.

Superhero has teamed up with Qantas Frequent Flyer to offer the platform's users rewards.

At the time of writing, the Qantas share price is $5.72, 2.05% lower than its previous closing price.

Let's take a closer look at the new benefit available to Superhero users.

Trade shares with Superhero – take off with Qantas

Here at The Motley Fool Australia, we're well versed in the benefits of investing. And now, there's a new one.

Investors using Superhero to facilitate their trades might soon have a holiday on the cards. They can now earn up to 15,000 Frequent Flyer bonus points by using the platform.

Superhero's co-founder and CEO John Winters said of the deal:

There's been a big generational shift for Australians to become more engaged with their finances – and this partnership will help us support more Australians with their investing and wealth goals – as well as literally helping them to take to the skies with Qantas.

Starting today, and for a limited time, Superhero users can get 10,000 Frequent Flyer bonus points by transferring an existing share portfolio to Superhero.

Another 5,000 Frequent Flyer bonus points are on offer through completing 10 eligible trades, each worth 500 bonus points.

After that, users can earn 100 Frequent Flyer points per trade. They will also be able to receive 1 Frequent Flyer point for every US$5 transferred from Australian dollars.

Qantas Loyalty's CEO Olivia Wirth also commented on the partnership, saying:

Frequent flyers can earn points walking, sleeping, shopping, flying and now share trading…

Research shows that almost nine million Australians hold shares, so we think being able to earn points while trading shares will be popular with a large number of our frequent flyers. 

The offer will run until 28 February 2022.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Travel Shares

airline crew stands on tarmac under aircraft
Travel Shares

Qantas shares lower on $120m profit hit

The airline operator is being made to pay for decisions it took during the pandemic.

Read more »

Man waiting for his flight and looking at his phone.
Travel Shares

One ASX 200 stock down 50% since July this fund just bought

The fund managers saw value in the ASX 200 stock following a 50% share price plunge.

Read more »

A smiling boy holds a toy plane aloft while a girl watches on from a car near an airport runway.
Travel Shares

Would Warren Buffett buy Qantas shares in December 2024?

Is this airline stock an appealing investment today?

Read more »

Woman on a tablet waiting in for her flight in an airport and looking through a window.
Travel Shares

Buying Qantas shares? You'll need to know this

Qantas shares have been soaring higher in 2024.

Read more »

Woman on a tablet waiting in for her flight in an airport and looking through a window.
Travel Shares

Qantas share price hits turbulence as engineers down tools

Qantas’ engineers are displeased with the results of pay negotiations.

Read more »

A woman ponders a question as she puts money into a piggy bank with a model plane and suitcase nearby.
Travel Shares

Will the Qantas share price take off again in 2025?

The Flying Kangaroo has smashed the market this year. Could it do the same in 2025?

Read more »

Man sitting in a plane seat works on his laptop.
Travel Shares

Why the soaring Qantas share price could be 'difficult to sustain'

The Qantas share price has been a stellar performer in 2024, up 68.7% since 2 January.

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Travel Shares

Why the Qantas share price can keep flying to new highs

Qantas shares' new record highs are forecast to be broken in 2025 by this top broker.

Read more »