Was looking through the rewards store when I noticed on the Samsung Galaxy Watch, if you slide the points bar from 10,000 to 20,000 points, the price drops from $360 to $264.
Samsung Galaxy Watch 46mm with LTE for 20,000 Telstra Points + $264 Delivered @ Telstra Plus Rewards
![](https://files.ozbargain.com.au/u/06/173606-38.jpg?h=c3a085b0)
Last edited 31/01/2020 - 11:22 by 1 other user
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Possibly one of the worst value redemption rates I have ever seen or heard of for QFF points. This is a terrible deal.
What do you mean QFF points? These are Telstra points?
Well shit, I'm revoking my neg on the basis of my lack of literacy skills!
I don't know what, if any, value that "Telstra" points have. My spidey senses tell me this still isn't a great deal given the 46mm version sold for $299 before Christmas.
@xyron: In terms of value for money, it roughly goes like this:
20,000 Telstra Points can get you 2 Google Nest Mini's for 15k points, and 5k left over.
You can then either sell these for ~$30 after fees and delivery costs, or try to sell on gumtree for ~$40. So the real world value is about $60-$80. There was recently a Google Home Hub for 20k points worth ~$110 cash if sold on the market.
So in terms of real world value in cash, it brings this watch to $360 ish.
This is the 4G model, not the Wifi model that was recently sold for $299, so it's actually not too bad of a deal.
This is actually poor value… One point is roughly worth 1.2c
One Telstra Plus point is not worth 1.2c…. more like 0.5/0.6c
Uhm nope. Don't waste 20k points. They go on sale close to that price.
Okay, show me a deal where this 4G model was "close to that price"
Fobbing off old stock to unsuspecting and uneducated buyers. No thanks.
From the product info on Telstras website:
"This Smartwatch is 4G compatible, however, it does not support our main 4G mobile coverage frequency band . When we switch off 3G in 2024, this device will continue to work but may have limited coverage. For more information visit us at tel.st/goodbye3G"if you slide the points bar from 10,000 to 20,000 points, the price drops from $360 to $264.
This made me laugh so hard.
What happens if you slide the points bar further? It gets cheaper! Woah, amazing!nope 20,000 points is the sweet spot, next value is 50,000 and only drops off $48 so only worth it at the 20k mark.
A normal sale of the same watch is $299 from ozbargain history, 299-264 = 35, is 20k qantas point worth $35? Even selling the points at a bad rate can net you more than $35 lol.
And you would still have 20,000 Telstra Plus Rewards points available.
Where are you getting the $299 price from? That's for the Bluetooth model, this is the cellular model and the cheapest it has been is $360 for the rose gold model.
Better update the title to say that it is the Sim card variant.
Yeah, OP is getting a lot of negs but the reality is that I don't think I've seen the LTE 46mm go on a signjficant sale since it's presale 40% through the EPP. I think I got mine for about 360.
OP needs to change post so it reads 20,000 Telstra points.
FYI A lot of Telstra points were free, ie signing up to Telstra Rewards early and also switching to Direct Debit.Yeah if only they were ever applied in a timely manner! Been waiting since 17 Dec for 10000 points to hit.
Mine never came either
On the plus side, I've been complaining hard and got a $20 credit and today another $50 credit
Telstra gave me 10000 points for joining rewards and 50000 for signing up for direct debit. So it's not so bad if you grab the bonus points.
So you can buy a 46mm LTE for $396 from any Optus store, is a $132 discount good value for 20,000 points?