Im just getting started on the points obsession and I’m looking to buy a house soon. I’ve seen an offer from Qantas Credit Union where you earn 150 points a month for every $1000 you owe on the loan. I’ve calculated a very general estimate that I’ll be earning between 50000- 60000 points per year (initially), and at current interest rates that will cost me about $1100 a year more than the cheapest basic home loan (4.39% v 3.99%). I’m trying to be sensible about it - this does appeal to me a lot, because I want so much to still be able to travel once I’ve got a mortgage! …but I’m not 100% sure it’s worth it. I just wondered if anyone has experience or is also considering this product?