Qantas 3) Qantas $1 billion won’t be impacted by interchange reformQantas expects to reach an earnings target of up to $1 billion despite the Reserve Bank of Australia’s proposal to cut interchange fees. The airline said the move is unlikely to disrupt its loyalty division, with the central bank’s decision due by year-end. Around 35% of credit card transactions in Australia earn Qantas points. When the RBA introduced a 50-basis-point cap on interchange fees in 2017 Qantas Loyalty earnings went from recording double-digit growth to flat.