You may find its a little difficult to buy 750 Red-E-Deals and fly them within the period! And gees do you really want to fly this route 750 times? For $49,000 I am sure we can make you a lifetime Silver member without having to fly .....
The change in name from Tier Creits to Status Credits was an atempt to make them more easily understood by members - our research showed few understood what they were for and how they were calculated; its really just a change of name.However, in doing so we did change this from a geographic (i.e. between x and Y) onto the distance basis. At the same time we generally increased the amount of credits for each route. The differences between discount and full economy for credits remains. The end result is that we have removed the anomalies which generally worked against members and have made it easier to get or retain tier status. The new levels apply for flights on or after 15 Sept.
Originally posted by futaris:
Something that nobody has mentioned is what happens to our status credits, after the changeover? Do they get converted to Tier Credits, or what?
A good way to earn status would be to buy a head of Qantas Red-E-Deals for $66/flight, ie BNE-SYD, SYD-MEL, etc. If you get the flights after Sept 15, then you'll get 1000 points/flight, rather than the ~500 points you get now, plus 10 status points a flight.
So for 750 short flights * $66 = $49,500 you could get 750,000 points, and lifetime membership? (Assuming all you did was fly between Sept 15 & Dec 31)... 
Does anyone know about special itineraries, containing overland segments? We used to be able to get those on the Old System. ie. BNE-DPS & JKT-BNE. Will these be available on the new system?
What about the $999 BNE, SYD, MEL - LAX airfares? They'll still fall under the old 70% discount economy ones, right? But on the new system, you'd get ~23,000 points, and only 80 Tier Credits? Seems to be almost the same amount of Tier/Status for Discount Economy. 
I wish Commonwealth Bank True Awards didn't charge a fee of 2,500 points/yr to transfer to Qantas FF.
Do Woolworths Ezy Banking charge any fees to xfer to Qantas FF? I know they are offering 1 Ezy Rewards point for every $1 transferred to their CC. And I guess you earn 1.25 points at Woolies.
The one thing I really dislike is the stopover fee...
Also, don't forget about:
Make an Award booking using the online service between 1 March and 30 June 2001 and you'll earn a bonus 1,000 Frequent Flyer points for each booking.