Aquire is a new loyalty program from Qantas, specifically targeting small and medium businesses across Australia.
Aquire is Australia's business rewards program. With a wide range of partners, your business could earn Aquire Points* on many business expenses. Aquire Points can be converted to Qantas Points^ at a rate of 1:1 and redeemed to reward your business, your employees or yourself - with flights and upgrades or products from the Qantas Store.
You can be registered online at aquire.com.au using your business ABN.
The business will benefit by being rewarded with Aquire Points for everyday business expenses, including eligible Qantas domestic and international travel#. Businesses can convert their Aquire Points to Qantas Points in the account of any individual Qantas Frequent Flyer Member^. Those Qantas Points can then be redeemed for flights, upgrades and over 3,000 items in the Qantas Store. For more information on redeeming Qantas Points for rewards visit qantaspoints.com/use-points.
There is a one off join fee of $89.50. Fees are inclusive of any applicable GST and may be varied by Qantas from time to time, without notice, in its absolute discretion.
1 Aquire Point per $1 spent on eligible business insurance products will be the standard offer in place. There is a cap on the maximum Aquire Points available to be earned on specific insurance products.
If you purchased your insurance directly from GIO your points will be automatically added to your account within 90 days.
Points are calculated 45 days after the inception date of the insurance policy. Clients should allow 90 days from the date they register their policy for points
Any mid term endorsements will be allocated points based on the additional spend.
If you cancel your policy within 45 days of inception, you will not be eligible to receive any Aquire Points in respect of that policy. If they cancel their policy at any other time, or if premium is refunded, GIO may deduct an amount of Aquire Points equivalent to any premium refunds from any future Aquire Points they would otherwise be entitled to under this offer.
One Aquire Point will be awarded for every dollar of premium paid (excl. GST and broker commissions). From time to time GIO may run specific campaigns or offer bonus points.
Aquire points can be converted on a 1:1 basis to any individual’s Qantas Frequent Flyer account and can be redeemed by that individual for award flights, flight upgrades or products and experiences from the Qantas store#. For more information on redeeming Qantas Points for rewards visit qantaspoints.com/use-points.
Only the business owner or registered representative of the Aquire member will be able to convert Aquire Points to Qantas Points and assign them, so they will always have complete control.
It is recommended you consult your accountant or tax advisor to ensure you understand possible tax implications.
Eligible products are GIO Business Insurance, GIO Trade Insurance, GIO Business Insurance for Professional and GIO Commercial Motor and GIO Workers Compensation Insurance but only for covers in WA, NT, ACT or TAS.
Yes, if the flyer is a member of Qantas Frequent Flyer and the business has pre-registered for Aquire. Aquire Points are earned for a business in addition to Qantas Points the individual would usually earn.
Aquire Points are earned by the business’ transactions. If for example you have an employee that flies from Sydney to Melbourne, the business will earn Aquire points for the costs associated with that travel. If the customer is a QFF member, they will also earn QFF points for their flight.
As long as your business renews its Aquire membership each year, its Aquire Points will not expire. If you terminate or do not renew your business' membership, any Aquire Points in your business' account will expire. In addition, any Aquire Points in the membership account with a "pending" status at the end of a membership year will expire. Pending points include points for airline travel if your business has not earned at least 20,000 points and had at least two travellers.
Aquire currently have 20 partners with the Aquire program. These partners are from across a range of business expenditure categories such as Financial Services, Professional Services, Office Supplies, Vehicle Related Spend and Travel.
GIO will continue to look at how we can add value to our brokers business and their customers.
GIO will reward eligible clients points relative to their spend with Vero, starting from $1. There are maximum points caps for specific products. Aquire members will earn points for the normal business expenses with Aquire partners. The minimum and maximum points earned by Aquire members will be based on how engaged with the program they choose to be. For full terms and condition refer to GIO's terms and conditions.