The base net return on Everyday Rewards is just 0.5%. Let's put that in "everyday" (!) terms. For every $100 you spend in Woolworths you get a credit against your future shopping of just 50 cents. Miserable. Pathetic. A waste of time.

Oh yes - you'll never read this question put in terms of net return on frequent flyer blogs (ask them whether that's because they're selling credit cards which earn pathetic rates of point per dollar spend and the net returns are frankly an embarrassing waste of time unless you're earning a sign up bonus) - that thinking also infests this blog as well....

Obviously that's an utter waste of time and effort. Savvy?

BUT that doesn't mean that Everyday Rewards is always a non starter because:

1) there are bonus point earn offers that greatly accelerate the number of points you can earn per dollar spend (sign up for marketing emails on your online EW account and look out to for those emails and then activate the offers)

2) Transferring EW points to Qantas point will inevitably accelerate their worth unless you use your QF points for a gift voucher or cash to offset a travel booking.

Look I'm scoring around 50% net return on FlyBuys and EverydayRewards thus ONE HUNDRED times better than some others spending the same amount of cash at the next check out. Yep - read that again...100 times......

Bottom line, yes, link your EW to your QF account; and always activate and pay attention to the bonus offers of earning EW Points.

Do the same for Flybuys / Coles / Virgin Velocity..take the best offer on the day....