What is the best avenue to use cash from house sale for earning points?

A friend has sold his house and is parking the cash (a VERY significant amount) for 6 months. We were wondering if anyone knew of any banks/term deposits etc that were offering bonus points for hom to sign up. Or any sort of deals. Thanks

I think the Bankwest savings account is the most well known one that offers 0.3 Qantas points per day per $100 of balance.

This article basically has that exact example of parking house sale funds or a deposit for a house.

Of course though, I would recommend your friend to look at getting the best possible interest rate possible BEFORE considering points. After all, cold hard cash is better than points.

Weigh up the opportunity cost of choosing the bankwest account earning points vs choosing a potentially higher interest rate account.

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