Telstra have a deal on at the moment where you can upgrade to the iPhone 12 and receive up to $400 off (depending on storage size). This has translated to the rewards store where the iPhone 12 and iPhone 12 mini have had their point value reduced by around $300 each.
Good for those who may have received bonus points for direct debit or signing up to new plans etc. For reference, 100,000 points is worth around $300
As an example, I had 140,000 points and was able to use 127,000 (their points system has set amounts you can use and the next jump was 181,000) to get a Purple iPhone 12 128GB for $768 (JBHiFi currently have it for $1279).
Full list of phones (with point cost) available in size/colour below:
iPhone 12
64GB - 360,000 (105,000 off)
Green
Purple
Red
128GB - 400,000 (90,000 off)
Blue
Red
Purple
White
256GB - 464,000 (84,000 off)
Blue
Purple
Red
White
iPhone 12 mini
64GB - 269,000 (144,000 off)
Red
128GB - 294,500 (145,000 off)
Red
White
Purple
Blue
256GB - 350,500 (146,500 off)
Black
Green
Red
White
How could you get that many points