Strange offer has appeared on the radar of Perth Hacks. Woolworths is offering you the opportunity to forego the 4c off / Litre which you earn by spending $30 or more at Woolworths. You can trade that benefit for earning Frequent Flyer points. The rate of conversion is 2 FF points per litre of petrol.
If you have a 50L car:
4c off voucher will get you a saving of = $2
2 Frequent Flyer points / Litre = 100 points = $0.69c saving (assuming $50 voucher = 7250 FF points)
Don't do it :)
Of course, for some people the trade off is not worth it, but for others it is. For die hard Frequent Flyers it has been known for points to reach up to 9c in value each, the value of 2c here on the other hand is not hard to find, especially if your main choice of redemption is international flights. If the benefit fits your redemption pattern, change. If it doesn't, don't.
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