Qantas Cash

Qantas Cash® is a prepaid Mastercard® payment facility built into the back of the Qantas Frequent Flyer Membership Card. To be eligible to receive the Qantas Card with the option of Qantas Cash you must be an Australian resident Qantas Frequent Flyer member 16 years of age or older. Heritage Bank Limited (AFSL 240984) (the Issuer) issues Qantas Cash under arrangements between it, Qantas and Mastercard Prepaid Management Services Australia Pty Limited (AFSL 386837) (a Mastercard business). Mastercard Prepaid Management Services Australia Pty Limited distributes Qantas Cash (together with Qantas which is an authorised representative of Mastercard Prepaid Management Services Australia Pty Limited for the purposes of providing general financial product advice with respect to Qantas Cash). Mastercard Prepaid Management Services Australia Pty Limited can be contacted at [email protected]. Mastercard Prepaid Management Services Australia Pty Limited and Qantas earn foreign exchange revenue from Qantas Cash transactions. Mastercard Prepaid Management Services Australia Pty Limited receives a processing fee from domestic Qantas Cash “point of sale” transactions. Qantas receives revenue generated by Qantas Cash transactions based on interchange fees paid to the Issuer, deposits held by the Issuer, cardholder fee and certain rebates and incentives from Mastercard Asia/Pacific Pte Ltd. This information has been prepared without taking into account your objectives, financial situation or needs and you should consider the appropriateness of the information about the Qantas Cash facility having regard to those matters. A Product Disclosure Statement (PDS) in respect of Qantas Cash is available via qantascash.com and will also be given to applicants. A person should obtain and consider the PDS before making any decisions about whether to acquire or continue to hold the prepaid facility.

~Exchange rates for initial loads and subsequent reloads made using Bank Transfer or BPAY via qantascash.com will be set at the prevailing exchange rate set out at qantascash.com at the time you request the load provided you settle the transaction within four hours. Different exchange rates apply for loads initiated directly via Bank Transfer or BPAY using your Unique Payment Details (i.e. not via qantascash.com). For more information on how exchange rates are set and applied, see the PDS

^Qantas Points are earned on eligible purchases in accordance with the terms and conditions specified at qantascash.com. Eligible purchases do not include money orders, traveller’s cheques, gambling chips, adult entertainment, purchasing foreign currencies in cash or the making of payment(s) towards any credit cards, loans or other financial debt that is not incurred with respect to goods and services. You do not earn Qantas Points when loading funds to your facility, transferring funds to another currency balance or another member’s facility, when withdrawing funds from ATMs, cashing out your facility balance or for over the counter withdrawals. Purchases that are reversed, refunded or charged-back are also ineligible for points earn, in addition to fees incurred.