SHARES SOAR: Trading platform Superhero signs frequent flyer deal with Qantas

- November 10, 2021 2 MIN READ
Photo: Kurt Arms/Qantas
Superhero has signed a partnership deal with the Qantas Frequent Flyer program so members of the share trading platform can earn Qantas Points when they invest.

Superhero users can earn up to 15,000 bonus points when they sign up, trade and transfer between today and February 28 next year

New and existing traders who sign up to Superhero and Qantas Frequent Flyer can: earn up to 5,000 points on the first 10 Eligible Trades (500 points per trade); earn up to 10,000 points for transferring their existing US and or AU share portfolio to Superhero (5,000 points per transfer); and earn 100 points per trade ongoing and one point per $5 transferred from AUD to USD within the platform.

Superhero co-founder and CEO John Winters said the timing of the deal was perfect as the airline ramps up services

An A380 named after Qantas co-founder Hudson Fysh returned to Australian shores on Tuesday after nearly 600 days mothballed in the US desert.

“With travel opening up for Australians, we’re particularly excited to announce this partnership,” Winters said.

“It’s been a difficult couple of years and this new offer will allow Australians to grow both their wealth as well as their Qantas points balance.”

Qantas Loyalty CEO Olivia Wirth said that Superhero would appeal to frequent flyers interested in new ways to manage wealth and invest.

“Frequent flyers can earn points walking, sleeping, shopping, flying and now share trading,” she said.

“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 Qantas Frequent Flyer program has more than 13 million members.

Superhero has more than 140,000 users who trade in Australian and US shares and ETFs. The low-fee trading platform launched in September 2020 and branched out into superannuation earlier this year.

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