Just received email from BP that you can now pay for fuel and in store purchases with Qantas points at the rate of 1900 points = $10
Terms and Conditions
- Must be a Qantas Frequent Flyer member. For purchases made using the BPme App, must link BPme account to Qantas Frequent Flyer Membership and BP Rewards membership. Available at participating BP Rewards and BPme-enabled service stations only. Transaction must be for an eligible product or service (fuel only when you use the BPme App), and be between $10 - $100 in value. Ts&Cs apply, see BP Rewards & BPme Terms and Conditions for more details.
This is a terrible conversion rate.
You can redeem 1500 Qantas points for $10 of Everyday Rewards dollars. https://www.qantas.com/au/en/frequent-flyer/use-points/auto-…
And of course you can always get much better value using your points for flights and upgrades.