For the minority of you who are Qantas Frequent Flyer members, Qantas is running its double status credits promotion again, this time from 9 to 14 August 2018.

The mechanics are fairly simple:

1. Register for the promotion here. Needless to say, you need to be a Qantas Frequent Flyer member first.

2. Book your flight between 9 to 14 August 2018. Your flight(s) must be between 21 August 2018 and 9 August 2019. Note that the deadline for booking is 11.59pm AEST (Sydney time), so that means 10pm Singapore time.

3. Travel and wait for your bonus status credits to come in!

Now the fine print…

You can book as many flights as you want during this promotion and all of them will qualify for bonus status credits.

You can fly other airlines and qualify for the bonus status credits as long as they have a QF code. So this means you can fly Singapore to London on Emirates (via Dubai) as long as you book it on Qantas.com. And that will earn you 200 status credits (25 credits per sector, multiplied by two) altogether on a single return economy class trip. The wonders of codeshares.

Flying Business class on Qantas from Singapore to Sydney and back? That’s 120 status credits one way, so giving you a total of 480 status credits with the double status credits promotion. Two flights and you will make gold.

Unfortunately, status credits earned through the Jetstar bundles do not count, so tough luck.

What are status credits?

Qantas’ status credits are similar to Cathay Pacific’s club points, which are points you accumulate towards elite status. For Qantas, 300 credits will get you Silver (oneworld Ruby), 700 credits to Gold (oneworld Sapphire) and 1,400 credits to Platinum (oneworld Emerald).

So of course, Silver is incredibly lame, with the only benefit being the 50% bonus Qantas Points you will earn with every flight.

Gold is where the real deal begins. With Gold and oneworld Sapphire, you will get access to Qantas business lounges (except when travelling domestically in Australia), as well as oneworld business lounges, such as the incredibly good Cathay Pacific lounges in Hong Kong.

Best part of being a QFF Gold member based in Singapore is that if you are flying Jetstar Asia (3K), you can also access the Qantas Singapore lounge before your flight.

You also get 75% more points on all eligible flights, so that’s pretty awesome if you ask me.

Platinum is the holy grail, and unless you are a very frequent business traveller, it’s hard to see why you would hit 1,400 status credits in a single year unless you visit London five times a year in Business class. That’s way too much money to spend on prestige, but if you have that kind of money, you will get access to oneworld First Class lounges, including Qantas’ flagship First lounge in Sydney. You will also enjoy 100% bonuses on all Qantas points earned.

So if you are planning to book a Qantas flight anyway, this is probably the best time to buy your tickets.