Frequent Flyer Credit Cards

Compare frequent flyer credit cards to earn points on spending, redeemable for flights and upgrades with your favourite airline program. Compare offers and apply online.

By   |   Updated 24 Jun 2024

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Comparing frequent flyer credit cards

American Express Platinum Edge Credit Card

Rewards program

Membership Rewards

Points per $1 spent

1 point

Sign up bonus

N/A

Annual fee

$0.00 for 1st year

Highlights

  • No annual fee in the initial year, saving you $195.
  • Accrue 3 Membership Rewards points for every $1 spent at major supermarkets and petrol stations.
  • Access $200 allocated for annual travel expenses, applicable towards eligible flights, hotels, or car rentals when booked through American Express Travel.

Pros

  • $0 annual fee in the first year, saving you $195.
  • Receive $200 to spend on eligible domestic and international flights, hotels, or car hire with American Express Travel.
  • Smartphone Screen Cover for smartphone screen repairs up to $500.

Cons

  • The ongoing purchase rate of 23.99%.
American Express Explorer Credit Card

Rewards program

Membership Rewards

Points per $1 spent

2 points

Sign up bonus

50,000 points

Annual fee

$395.00 p.a. ongoing

Highlights

  • Obtain 50,000 Bonus Membership Rewards Points upon application approval and spending $4,000 on your new Card within the initial 3 months. T&Cs apply. Exclusive to New Amex Card Members.
  • Enjoy a $400 Travel Credit annually for flights, hotels, and car rentals when booked online using this card.
  • Benefit from complimentary domestic and international travel insurance coverage.

Pros

  • The 50,000 bonus Membership Rewards Points when approved and reach spend requirement within the first 3 months.
  • Receive a $400 travel credit every year.
  • Earn 2 Membership Rewards points per $1 spent on purchases except for government bodies in Australia where you will earn 1 point per $1 spent (uncapped).
  • Get two complimentary entries per year to The Centurion® Lounge.

Cons

  • The $395 p.a. annual fee.
American Express Velocity Escape Card

Rewards program

Velocity Frequent Flyer

Points per $1 spent

0.75 points

Sign up bonus

N/A

Annual fee

$0.00 p.a. ongoing

Highlights

  • Acquire Velocity Points while benefiting from a $0 annual card fee.
  • Points accrued on your card seamlessly transfer to your Velocity account monthly and are redeemable for various rewards such as flights, lodging, car rentals, gift cards, and beyond.
  • Earn 0.75 Velocity Points per $1 spent, except for transactions with Australian government entities, where you'll earn 0.5 Velocity Points per $1 spent.

Pros

  • No annual fee, but still earn points.
  • Earn 1.75 Velocity Points per $1 spent on purchases with Virgin Australia.
  • Get 0.5 points per $1 when paying tax to the ATO using the card.
  • 55 days interest-free on purchases when the previous balance has been cleared in full.

Cons

  • Doesn't come with complimentary travel insurance.
  • No complimentary lounge access.
  • No access to the concierge service.
  • There is no balance transfer offer for this card.
American Express Velocity Platinum Credit Card

Rewards program

Velocity Frequent Flyer

Points per $1 spent

1.25 points

Sign up bonus

60,000 points

Annual fee

$375.00 p.a. ongoing

Highlights

  • Get 60,000 bonus Velocity Points upon applying by 26 June 2024, getting approved, and making $3,000 in eligible purchases with your new Card within the initial 3 months. Offer valid for new Amex Card Members exclusively.
  • Receive a complimentary Virgin Australia return Economy domestic flight between specified cities annually following your first Card spend each year.
  • Benefit from 2 complimentary Virgin Australia lounge passes each year at selected domestic airports.

Pros

  • Receive 60,000 bonus Velocity Points when you meet the criteria.
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year.
  • Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports.
  • Receive 100 Velocity Frequent Flyer Status Credits, when you spend a minimum of $50,000 within your card membership year.
  • Complimentary domestic and international travel insurance.
  • Get the Amex Experiences App to access information on Platinum benefits, travel offers, events and recommended merchants.
  • Add up to 4 additional cardholders for free.

Cons

  • The interest rates applied to balances carried over is on the high end.
  • There is no balance transfer offer on this card.
HSBC Platinum Qantas Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1.5 points

Sign up bonus

N/A

Annual fee

$0.00 for 1st year

Highlights

  • Accrue 1 Qantas Point per $1 spent, up to $1,000 monthly; thereafter, earn 0.5 Qantas Points. Point accumulation capped at 7,500 per statement period.
  • Enjoy 0% p.a. for 12 months on balance transfers, with a 2% balance transfer fee. (Reverts to cash advance rate of 21.99% p.a.)
  • Includes complimentary travel insurance and purchase insurance.

Pros

  • Earn up to 1 Qantas Point per $1 spent.
  • Comes with complimentary travel insurance and purchase insurance.
  • You get complimentary Qantas Frequent Flyer membership for free.
  • Add additional cardholders for free.
  • Up to 55 interest-free days.

Cons

  • There is a 2% BT fee.
  • Qantas Points are capped at 7,500 per statement period.
  • Ongoing annual fee of $299 p.a.
  • Ongoing interest rates are high.
Qantas Premier Platinum Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

70,000 points

Annual fee

$349.00 for 1st year

Highlights

  • Get up to 100,000 bonus Qantas Points. Get 70,000 bonus Qantas Points upon spending $3,000 or more on eligible purchases within 3 months from card approval. Plus, an extra 30,000 bonus points if you haven't earned Qantas Points with a credit card in the past 12 months. Terms and Conditions apply.
  • Benefit from 0% on Balance Transfer for 12 months with a 2% Balance Transfer fee. Returns to Cash Advance rate thereafter. No interest-free days are applicable on retail purchases with an outstanding balance transfer.
  • Benefit from the reduced annual fee of $349 p.a. for the initial year. An ongoing annual fee of $399 p.a. is applicable in the 2nd year.

Pros

  • Earn up to 100,000 bonus Qantas Points when you meet the criteria.
  • 0% p.a. for 12 months on balance transfers.
  • Additional savings with the $349 first-year annual fee.
  • Comes with complimentary travel insurance.

Cons

  • The annual fee increases to $399 p.a. after the initial year.
  • There is a 2% balance transfer fee.
American Express Velocity Business Charge Card

Rewards program

Velocity Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$249.00 p.a. ongoing

Highlights

  • Get 100,000 Bonus Velocity Points upon applying by 27 August 2024, getting approval, and fulfilling the minimum spending requirement of $3,000 within 2 months of approval. Offer valid for New American Express Card Members exclusively.
  • Accumulate 2 points for every $1 spent on Virgin Australia services and up to 1 point per $1 spent on other transactions. Earn 0.5 points per $1 on ATO and government expenditures.
  • Benefit from 2 complimentary single-entry passes to the Virgin Australia Lounge at chosen domestic airports annually.

Pros

  • Receive 100,000 bonus Velocity Points when you meet the criteria.
  • Earn up to 2 Velocity Points per $1 spent.
  • No pre-set spending limit and up to 51 days to pay for purchases.

Cons

  • The annual fee of $249 p.a.
  • Each employee card costs $99.
St.George Amplify Signature Credit Card (Amplify)

On website

Apply by 31 July 2024

St.George Amplify Signature Credit Card (Amplify)

Rewards program

Amplify Rewards

Points per $1 spent

1.5 points

Sign up bonus

150,000 points

Annual fee

$199.00 for 1st year

Highlights

  • Up to 150,000 Bonus Amplify Rewards Points earned upon spending $12,000 on eligible purchases within the first 12 months from card approval.
  • Initial card fee of $199 for the first year ($295 p.a. thereafter).
  • 0% p.a. interest for 24 months on balance transfers with a 1% balance transfer fee applied to transferred amounts.
  • Comes with complimentary overseas travel insurance coverage for up to 6 months.

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • Save $96 with the $199 card fee for the first year.
  • Enjoy 2 complimentary Priority Pass lounge visits each year when you enroll in Priority Pass.
  • Comes with concierge services.

Cons

  • After the initial year, the annual fee is $295 p.a.
  • There is a 1% balance transfer fee.
Westpac Altitude Black Credit Card (Altitude)

On website

Rewards program

Altitude Rewards

Points per $1 spent

1.25 points

Sign up bonus

100,000 points

Annual fee

$150.00 for 1st year

Highlights

  • Earn up to 150,000 bonus Altitude Points. Receive 100,000 Altitude bonus points by spending $6,000 on eligible purchases within 120 days of card approval. Additionally, get 50,000 points after your first eligible purchase in year 2. Exclusions apply.
  • Initial $150 p.a. annual fee ($295 p.a. thereafter), applicable to new cardholders only.
  • Earn 6 Altitude points per $1 on Qantas, Jetstar, Singapore Airlines, and Emirates flights bought in Australia, subject to eligibility criteria.

Pros

  • Earn up to 150,000 bonus Altitude Points when you meet the criteria.
  • Additional savings with the $150 first-year annual fee ($295 p.a. thereafter).
  • Earn 1.25 points per $1 spent on eligible purchases
  • Get 2 complimentary lounge passes each year with Priority Pass.

Cons

  • The high annual fee of $295 p.a. after the initial year.
St.George Amplify Platinum Credit Card (Amplify)

On website

Rewards program

Amplify Rewards

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$49.00 for 1st year

Highlights

  • Earn 100,000 bonus Amplify Points upon spending $3,000 on eligible purchases within 90 days from card approval, potentially valued at up to $450 in eGift cards. Exclusions apply.
  • 0% interest for 24 months on balance transfers with a 1% balance transfer fee, which then reverts to the cash advance rate of 21.49% p.a.
  • Enjoy a discounted annual fee of $49 p.a. for the first year ($124 p.a. annual fee thereafter).

Pros

  • The 100,000 bonus Amplify Points.
  • Earn uncapped Amplify Points per dollar on eligible purchases.
  • 0% p.a. for 24 months on balance transfers.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% balance transfer fee. Other cards offer 0% balance transfer free.
BankSA Amplify Platinum Credit Card (Amplify)

On website

Rewards program

Amplify Rewards

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$49.00 for 1st year

Highlights

  • Earn up to 100,000 bonus Amplify Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% for 24 months on balance transfers with a 1% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $49 p.a. annual fee for the first year ($124 p.a. annual fee thereafter)

Pros

  • The 100,000 bonus Amplify Points.
  • 0% for 24 months on balance transfers.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% balance transfer fee. Other cards offer 0% balance transfer free.
Bank of Melbourne Amplify Platinum Credit Card (Amplify)

On website

Rewards program

Amplify Rewards

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$49.00 for 1st year

Highlights

  • Earn up to 100,000 bonus Amplify Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% for 24 months on balance transfers with a 1% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $49 p.a. annual fee for the first year ($124 p.a. annual fee thereafter)

Pros

  • The 100,000 bonus Amplify Points.
  • 0% for 24 months on balance transfers.
  • Comes with complimentary insurance (terms, conditions, exclusions, and eligibility criteria apply).
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • There is a 1% balance transfer fee. Other cards offer 0% balance transfer free.
NAB Rewards Business Signature Credit Card

On website

Rewards program

NAB Rewards

Points per $1 spent

1.25 points

Sign up bonus

100,000 points

Annual fee

$175.00 p.a. ongoing

Highlights

  • Receive 100,000 NAB Rewards Points upon spending $4,000 on everyday purchases within 60 days.
  • Triple the earning rate on overseas spending or purchases made at overseas stores and suppliers from Australia.
  • Double the earn rate on purchases made at partner departments and hardware stores.

Pros

  • Receive a generous 100,000 bonus NAB Rewards Points when you spend $4,000 on everyday business purchases within 60 days of opening your account.
  • Earn 1.25 NAB Rewards Points per $1 spent on eligible everyday business purchases, with no cap.
  • ATO payments earn NAB Rewards Points at the same rate as everyday purchases.
  • NAB Rewards Points can be transferred to several other airline rewards programs, making it easier to find an awards seat.
  • Up to 44 interest-free days on purchases, giving you more flexibility and breathing room with your business expenses.
  • Complimentary NAB Commercial Cards Unauthorised Transaction Insurance and NAB Commercial Cards Transit Accident Insurance.
  • Works with major digital wallets, including Apple Pay, Google Pay, and Samsung Pay.

Cons

  • Additional cardholders don't come cheap.
  • Lacks complimentary international travel insurance.
  • No complimentary airline lounge passes.
ANZ Rewards Platinum Credit Card

On website

Rewards program

ANZ Rewards

Points per $1 spent

1.5 points

Sign up bonus

100,000 points

Annual fee

$149.00 p.a. ongoing

Highlights

  • Obtain 100,000 bonus Reward Points and $50 cashback upon spending $2,000 on eligible purchases within the initial 3 months after approval.
  • Access a variety of complimentary insurances for both travel and purchases.
  • Accumulate ANZ Rewards Points on your everyday purchases.

Pros

  • 100,000 bonus Reward Points and a $50 cashback when you meet the criteria.
  • Earn 1.5 points per $1 spent up to $2,000 per statement period.
  • No cap on the total number of points you can earn.
  • Comes with complimentary insurance covers, including international travel insurance and purchase protection insurance.
  • ANZ Rewards points can be transferred to several airline partners, giving you booking flexibility.
  • Up to 55 days interest-free on purchases.

Cons

  • There is a $65 annual fee per additional cardholder.
  • The earn rate drops to 0.5 points per $1 after $2,000 per statement period.
  • No balance transfer offer.
  • No lounge access.
Citi Rewards 100,000 Bonus Citi Reward Points Offer

On website

Citi Rewards 100,000 Bonus Citi Reward Points Offer

Rewards program

Citi Rewards

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Receive 100,000 bonus Citi reward Points after spending $5,000 on eligible purchases within the initial 90 days from approval. Terms and Conditions apply.
  • The initial year presents a discounted annual fee of $99 ($199 p.a. thereafter).
  • Comes with complimentary mobile phone Insurance

Pros

  • Earn 100,000 bonus points when you meet the criteria.
  • Discounted annual fee.
  • You can pay or shop using your Citi reward points.
  • Complimentary VIP membership for one year with Wrapd.

Cons

  • No ongoing introductory balance transfer or purchase offer.
ANZ Rewards Black Credit Card

On website

Rewards program

ANZ Rewards

Points per $1 spent

2 points

Sign up bonus

180,000 points

Annual fee

$375.00 p.a. ongoing

Highlights

  • Get 180,000 bonus Reward Points and $150 cash back upon spending $3,000 on qualifying purchases within the initial 3 months of approval.
  • Accrue 2 Reward Points for every $1 spent on qualifying purchases, up to $5,000 per statement period.
  • Enjoy complimentary international travel insurance.

Pros

  • Receive 180,000 bonus ANZ Rewards points and earn a $150 cash back when you meet the criteria.
  • Earn 2 points per $1 spent on eligible purchases up to $5,000 per statement period.
  • There is no cap on the number of points you can earn.
  • Free international travel insurance and purchase protection insurance.

Cons

  • The $375 p.a. annual fee.
  • Doesn't come with lounge access.
  • No balance transfer offer.
Citi Rewards Card Balance Transfer and Purchase Offer

On website

Citi Rewards Card Balance Transfer and Purchase Offer

Rewards program

Citi Rewards

Points per $1 spent

1 point

Sign up bonus

N/A

Annual fee

$199.00 p.a. ongoing

Highlights

  • 0% p.a. for 15 months on purchases and balance transfers. Balance transfer reverts to cash advance rate.
  • Complimentary VIP membership for one year with Wrapd.
  • Earn 1 Citi reward point for every $1 spent.

Pros

  • 0% p.a. on balance transfers and purchases for the first 15 months.
  • No balance transfer fee.
  • Earn 1 Citi reward point for every $1 spent.
  • Comes with complimentary mobile phone insurance

Cons

  • Balance transfer changes to a 22.24% p.a. cash advance rate after 12 months.
  • Annual fee is $199 p.a.
  • Fee for an additional card is $90.
American Express Qantas Ultimate Credit Card

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1.25 points

Sign up bonus

70,000 points

Annual fee

$450.00 p.a. ongoing

Highlights

  • Get up to 90,000 bonus Qantas Points. Acquire 70,000 bonus Qantas Points by applying before 28 May 2024, getting approved, and spending $3,000 on eligible purchases within the first 3 months. Plus, an additional 20,000 bonus Qantas Points in your second year upon fee renewal. T&Cs apply. Exclusive to New Card Members.
  • Receive 2 complimentary Qantas Club lounge invitations annually.
  • Access a $450 Qantas Travel Credit each year (conditions apply).

Pros

  • Earn up to 90,000 bonus Qantas Points when you meet the criteria.
  • Excellent earn rates on everyday spending. Earns points on payments to the ATO.
  • Access to The Centurion® Lounge. after your first card spend on the card for Qantas products and services each anniversary year.
  • 2 complimentary Qantas Club lounge invitations each year.
  • Add cards for up to four family and friends at no cost.

Cons

  • The annual fee of $450.
  • There is no concierge service, even though it's a high end card.
  • Balance transfers are not possible.
  • Transactions in a foreign currency attract a fee.
The Qantas American Express Premium Card

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

20,000 points

Annual fee

$249.00 p.a. ongoing

Highlights

  • Obtain 20,000 bonus Qantas Points upon online application approval and spending $3,000 within 3 months. Exclusive to New Amex Card Members.
  • Enjoy 2 complimentary Qantas Club invitations annually (conditions apply).
  • Benefit from complimentary domestic and international travel insurance coverage.

Pros

  • 20,000 bonus Qantas points for signing up and hitting the spending target.
  • Earn points on your everyday spend. Also earns points at a reduced rate on government spend.
  • Give up to 4 of your friends and family a card — at no extra cost — to earn more points.
  • $450 Qantas Travel Credit, which is fairly easy to trigger with your first Qantas purchase each year.
  • Comes with complimentary card purchase cover and travel insurance.

Cons

  • There is an annual fee of $249.
  • The purchase rate is quite high, but can be avoided with responsible use.
  • No balance transfer facility.
Qantas American Express Discovery Credit Card

Rewards program

Qantas Frequent Flyer

Points per $1 spent

0.75 points

Sign up bonus

N/A

Annual fee

$0.00 p.a. ongoing

Highlights

  • Acquire 1.75 Qantas Points on eligible Qantas products and services.
  • Earn 0.75 Qantas Point for every $1 spent on Card purchases, except for spending at government bodies in Australia, where you will earn 0.5 Qantas Points per $1 spent.
  • Enjoy no annual card fee.
  • Obtain up to 4 Additional Cards for family members or friends with no extra fee.

Pros

  • Ongoing $0 annual fee, a rarity among rewards credit cards.
  • Earn 0.75 Qantas points per $1 spent and 0.5 Qantas points per $1 for government spend.
  • No cap on the number of points you can earn.
  • Add up to 4 additional cards for family members or friends with no extra fee.
  • Complimentary Card Purchase Cover and Card Refund Cover.

Cons

  • There is a 3% foreign transaction fee.
  • Lacks complimentary travel insurance.
  • There is no access to a concierge service.
Westpac Altitude Platinum Credit Card (Qantas)

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

0.5 points

Sign up bonus

70,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Receive up to 80,000 bonus Qantas Points. Acquire 70,000 Qantas Points in the first year upon spending $4k+ on eligible purchases within the initial 90 days from new card approval, and an additional 10,000 points after your first eligible purchase in the second year..
  • Initial $99 p.a. annual fee followed by $175 p.a. thereafter (Plus a $75 Qantas Rewards opt-in annual fee).
  • Earn 0.5 Qantas points per $1 spent on eligible purchases.

Pros

  • Receive up to 80,000 bonus Qantas Points when you meet the criteria.
  • Additional savings with the $99 first-year annual fee ($175 p.a. thereafter).
  • Comes with complimentary insurance covers which include overseas medical and purchase security.

Cons

  • Only up to 45 days interest-free on purchases.
Bendigo Bank Qantas Platinum Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

0.6 points

Sign up bonus

N/A

Annual fee

$149.00 p.a. ongoing

Highlights

  • Accrue 0.6 Qantas Points for every $1 spent.
  • Benefit from 180 days of thorough travel insurance.
  • Comes with an extended warranty for eligible purchases and 90-day purchase protection for items stolen or accidentally damaged (terms apply).

Pros

  • Earn 0.6 Qantas Points per $1 spent.
  • Free Qantas Frequent Flyer membership.
  • 180 days of comprehensive travel insurance.
  • Up to 55 days interest-free.

Cons

  • There is no introductory balance transfer offer or purchase rate offer.
  • The 20,000 cap on reward earnings per statement period.
  • ATO spend does not earn points.
NAB Qantas Rewards Signature Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

90,000 points

Annual fee

$295.00 for 1st year

Highlights

  • Gain up to 120,000 bonus Qantas Points. Acquire 90,000 bonus points upon spending $3,000 within the initial 60 days from account approval date and an additional 30,000 bonus points upon maintaining your card open for over 12 months. Terms and conditions apply.
  • Benefit from 0% on balance transfers for 12 months with a 3% Balance Transfer Fee.
  • First-year annual fee reduced to $295 p.a. from $395 p.a. (saving you $100).

Pros

  • Complimentary Qantas Frequent Flyer membership fee valued at $99.50.
  • Six complimentary insurances when you make an eligible purchase.
  • Earn 1 Qantas Point per $1 spent on everyday purchases up to $5,000 per statement period then 0.05 pts per $1 spent thereafter (capped at $20,000).

Cons

  • Annual fee of $395 p.a. is quite high.
ANZ Frequent Flyer Platinum Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

0.75 points

Sign up bonus

75,000 points

Annual fee

$295.00 p.a. ongoing

Highlights

  • Receive a bonus of 75,000 Qantas points and a $100 back upon spending $2,500 on qualifying purchases within the initial 3 months of approval.
  • Get 0.75 Qantas Points for every $1 spent on eligible purchases (capped at $3,000), and thereafter, earn 0.5 Qantas Points per $1 spent in each statement period.
  • Enjoy a complimentary Qantas Frequent Flyer Membership.

Pros

  • 75,000 bonus Qantas Frequent Flyer points plus a $100 cashback.
  • Earn 0.75 points per $1 spent up to $3,000 per statement period.
  • Comes with a number of complimentary insurances, including international travel insurance.
  • Up to 55 days interest-free on purchases.

Cons

  • The annual fee of $295 p.a. is high.
  • Although uncapped, the earn rate drops to 0.5 points per $1 on any spend above $3,000 per statement period.
  • There is no balance transfer offer available.
  • It costs $65 p.a. per additional cardholder, which adds up.
ANZ Frequent Flyer Black Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

100,000 points

Annual fee

$425.00 p.a. ongoing

Highlights

  • Receive up to 130,000 points. Obtain 100,000 bonus Qantas Points and $250 cashback to your new card upon spending $5,000 on qualifying purchases within the initial 3 months from approval. Additionally, earn an extra 30,000 bonus Qantas Points by maintaining your card for over 12 months. Terms and Conditions apply.
  • Earn 1 Qantas Point for every $1 spent on eligible purchases, up to $7,500 per statement period.
  • Enjoy 7 complimentary insurances, including International Travel Insurance.

Pros

  • Earn up to 130,000 bonus Qantas Points and $250 cashback when you meet the criteria.
  • 1 point per $1 spent up to $7,500 per statement period.
  • Earn an uncapped number of points.
  • Enjoy 2 complimentary Qantas Club lounge invitations each year.
  • Comes with complimentary international travel insurance.
  • Up to 55 days interest-free on purchases.

Cons

  • The annual fee of $425 p.a. is high.
  • Earn rate drops to 0.5 points per $1 spent above $7,500 per statement period.
  • No balance transfer offer.
American Express Platinum Card

Apply by 25 June 2024

American Express Platinum Card

Rewards program

Membership Rewards

Points per $1 spent

2.25 points

Sign up bonus

150,000 points

Annual fee

$1,450.00 p.a. ongoing

Highlights

  • Acquire 150,000 Bonus Membership Rewards Points by applying before 25 June 2024, getting approved, and spending $5,000 on your new Card within the initial 3 months. T&Cs apply. Exclusive to New Amex Card Members.
  • Utilize a $450 Platinum Travel Credit annually for flight, hotel, or car rental bookings.
  • Indulge in up to $400 per calendar year when dining at a curated selection of over 1,400 hand-picked restaurants, both domestically and internationally. Terms and Conditions apply.

Pros

  • Receive 150,000 Bonus Membership Rewards Points when you meet the criteria.
  • Receive a $450 Platinum Travel Credit each year.
  • Enjoy up to $400 Global Dining Credit per calendar year.
  • Access to more than 1,400 lounges globally, including The Centurion® Lounge.
  • Get the Amex Experiences App to access information on Platinum benefits, travel offers, events and recommended merchants.

Cons

  • The annual fee of $1,450.
St.George Amplify Platinum Credit Card (Qantas)

On website

Apply by 31 July 2024

St.George Amplify Platinum Credit Card (Qantas)

Rewards program

Amplify Qantas

Points per $1 spent

0.5 points

Sign up bonus

70,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Up to 70,000 bonus Qantas Points earned upon spending $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% p.a. interest for 24 months on balance transfers with a 1% balance transfer fee, which then reverts to the cash advance rate.
  • Pay an annual fee of $99 for the first year ($124 thereafter).
  • Earn 0.5 points per $1 spent (uncapped). Additionally, receive a complimentary Qantas membership fee, saving you $99.50!

Pros

  • The 70,000 bonus Qantas Points.
  • 0% p.a. for 24 months on balance transfers.
  • Discounted annual fee on the first year.
  • Complimentary travel and purchase insurance.

Cons

  • There is a 1% balance transfer fee.
  • Points earning rate of 0.5 points is lower than others.
Bank of Melbourne Amplify Platinum Credit Card (Qantas)

On website

Rewards program

Amplify Qantas

Points per $1 spent

0.5 points

Sign up bonus

60,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Receive up to 70,000 bonus Amplify Points. Acquire 60,000 Qantas Points in the first year upon spending $3k+ on eligible purchases within the initial 90 days from new card approval, and an additional 10,000 points after your first eligible purchase in the second year.
  • Benefit from 0% interest for 24 months on balance transfers with a 1% balance transfer fee, reverting to the cash advance rate of 21.49% p.a.
  • Pay an annual fee of $99 for the first year ($124 thereafter).
  • Earn 0.5 points per $1 spent (uncapped). Plus, get a complimentary Qantas membership fee. Saving you $99.50!


From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Bonus Qantas Points not included in the cap.


Pros

  • The 70,000 bonus Qantas Points.
  • 0% p.a. for 24 months on balance transfers.
  • Complimentary travel and purchase insurance.

Cons

  • There is a 1% balance transfer fee.
  • Points earning rate of 0.5 points is lower than others.
BankSA Amplify Signature Credit Card (Amplify)

On website

Rewards program

Amplify Rewards

Points per $1 spent

1.5 points

Sign up bonus

150,000 points

Annual fee

$199.00 for 1st year

Highlights

  • Earn up to 150,000 Bonus Amplify Rewards Points over 2 years when you spend $12,000 on eligible purchases within the first 12 months from card approval.
  • 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee on amounts transferred.
  • $199 p.a. annual fee for the first year ($295 p.a. annual fee thereafter)

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • 0% p.a. for 24 months on balance transfers.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • There is a 1% balance transfer fee.
  • The annual fee reverts to $295 p.a. after the initial year.
NAB Rewards Signature Credit Card

On website

Rewards program

NAB Rewards

Points per $1 spent

1.25 points

Sign up bonus

120,000 points

Annual fee

$145.00 for 1st year

Highlights

  • Earn up to 160,000 bonus Points. Obtain 120,000 bonus points upon spending $3,000 within the initial 60 days from the account approval date and an additional 40,000 bonus points upon maintaining your card open for over 12 months. Terms and conditions apply.
  • Benefit from a reduced annual card fee of $145 p.a. for your first year (reverts to $295 p.a. thereafter).
  • Accrue 2.5 points on purchases made in major department and hardware stores.
  • Gain 1.25 points for every $1 spent on everyday purchases.

Pros

  • Earn up to 160,000 bonus NAB Rewards Points when you meet the criteria.
  • The discounted $145 annual fee on the first year.
  • 0% p.a. on balance transfers for 12 months.
  • Includes international travel insurance.

Cons

  • Only 44 interest-free days.
  • There is a 3% balance transfer fee.
BankSA Amplify Platinum Credit Card (Qantas)

On website

Rewards program

Amplify Qantas

Points per $1 spent

0.5 points

Sign up bonus

60,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Receive up to 70,000 bonus Amplify Points. Acquire 60,000 Qantas Points in the first year upon spending $3k+ on eligible purchases within the initial 90 days from new card approval, and an additional 10,000 points after your first eligible purchase in the second year.
  • Enjoy 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee, reverting to the cash advance rate.
  • Earn 0.5 points per $1 spent (uncapped) and receive a complimentary Qantas membership fee, saving you $99.50!

Pros

  • The 70,000 bonus Qantas Points.
  • Discounted annual fee on the first year.
  • Complimentary travel and purchase insurances.

Cons

  • There is a 1% balance transfer fee.
  • Points earning rate of 0.5 points is lower than others.
BankSA Amplify Signature Credit Card (Qantas)

On website

Rewards program

Amplify Qantas

Points per $1 spent

0.75 points

Sign up bonus

90,000 points

Annual fee

$295.00 p.a. ongoing

Highlights

  • Receive up to 90,000 bonus Qantas Points upon spending $6,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • Enjoy 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee on transferred amounts.
  • Benefit from complimentary overseas travel insurance for up to 6 months.

Pros

  • The 90,000 bonus Qantas Points.
  • 0% p.a. for 24 months on balance transfers.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • There is a 1% balance transfer fee.
  • The annual fee of $295 p.a.
Qantas Premier Everyday Credit Card

On website

Rewards program

Qantas Frequent Flyer

Points per $1 spent

0.75 points

Sign up bonus

8,000 points

Annual fee

$99.00 p.a. ongoing

Highlights

  • Receive a potential boost of 8,000 bonus Qantas Points upon successful application. Gain 2 bonus Qantas Points for every $1 spent on qualifying purchases within 4 months post-card approval. Applicable Terms and Conditions.
  • Enjoy a modest annual fee of $99.
  • Benefit from a 0% p.a. rate for 12 months on balance transfers, which then transitions to the Cash Advance Rate.

Pros

  • Earn up to 8,000 bonus Qantas Points when you meet the criteria.
  • The low annual fee of $99 p.a.
  • Earn 0.75 Qantas Points per $1 spent on domestic purchases up to $3,000 per statement period.
  • Comes with complimentary overseas travel insurance.

Cons

  • There is a 2% Balance Transfer fee.
  • Foreign transactions incur a 3% fee.
Suncorp Clear Options Platinum Credit Card

On website

Rewards program

Suncorp Rewards, Qantas Frequent Flyer

Points per $1 spent

1.25 points

Sign up bonus

140,000 points

Annual fee

$99.00 for 1st year

Highlights

  • 140,000 bonus Suncorp Credit Card Rewards Points for spending $4,500 on eligible transactions within the initial 90 days from approval.
  • Acquire 1.25 Suncorp Rewards Points per $1 spent on eligible transactions.
  • Platinum privileges encompassing concierge service and a variety of insurance covers.

Pros

  • Receive 140,000 bonus Suncorp Credit Card Rewards Points when you meet the criteria.
  • Earn 1 Suncorp Rewards point per $1 spent (or 0.5 Qantas Point).
  • A reduced fee of $99 p.a. in the first year and $129 p.a. thereafter.
  • $6,000 to $100,000 credit limits.
  • Complimentary insurance, including international travel insurance.
  • Access to the concierge service.

Cons

  • There is a 3.4% international transaction fee if you transact overseas.
  • A $40 over-limit fee for exceeding the credit limit.
  • Longer interest-free balance transfers are available.
  • Suncorp Rewards points don't convert to airline points at 1:1.

Frequent flyer credit cards offer reward points or miles for every dollar spent on eligible purchases. These frequent flyer reward points can be redeemed for flights, hotel stays, car rentals, and other travel-related expenses. Frequent flyer credit cards are popular among avid travellers and those looking to make the most of their everyday spending by earning valuable rewards that can offset travel costs.

Gary Leff from View From the Wing

Gary Leff, an airline industry expert and the founder of View From the Wing, shared his insights with Credit Card Compare for booking Australia to USA award travel. "Qantas releases a lot more space to its own members than it does to partners, and they do reliably release business class award seats often around 3 months prior to travel," he revealed.

"Since I have family in Australia, I regularly set alerts for business class award space to open on specific flights and dates with Expert Flyer and invariably space on at least one or two potential flights does open up – even flights like Sydney – Auckland – New York JFK."

Compare frequent flyer programs in Australia

  • Qantas Frequent Flyer: Linked to Australia's flag carrier airline, Qantas. Earn Qantas Points through flights, credit card spending, and various partners. Redeem points for flights, upgrades, hotels, and other rewards.
  • Virgin Australia Velocity: Associated with Virgin Australia airline. Earn Velocity Points through flights, credit card spending, and partners. Redeem points for flights, upgrades, hotels, and experiences.
  • Amex Membership Rewards: AmEx has the largest range of credit and charge cards in Australia, with all cards earning loyalty points.
  • Singapore Airlines KrisFlyer: Frequent flyer program of Singapore Airlines, which operates extensively in Australia. Earn KrisFlyer miles through flights, credit card spending, and partners. Redeem miles for flights, upgrades, and other rewards.
  • Cathay Pacific Asia Miles: Frequent flyer program of Cathay Pacific, which serves several Australian cities. Earn Asia Miles through flights, credit card spending, and partners. Redeem miles for flights, upgrades, hotels, and experiences.
  • Emirates Skywards: Loyalty program of Emirates, which has a significant presence in Australia. Earn Skywards Miles through flights, credit card spending, and partners. Redeem miles for flights, upgrades, hotels, and other rewards.
  • Etihad Guest: Frequent flyer program of Etihad Airways, which serves several Australian cities. Earn Etihad Guest Miles through flights, credit card spending, and partners. Redeem miles for flights, upgrades, hotels, and experiences.
  • Air New Zealand Airpoints: Loyalty program of Air New Zealand, which has a strong presence in the Australia-New Zealand market. Earn Airpoints Dollars through flights, credit card spending, and partners. Redeem Airpoints Dollars for flights, upgrades, and other rewards.

Expert opinion on using the best frequent flyer credit card

David Boyd of Credit Card Compare

David Boyd, the co-founder of Credit Card Compare, says, "I fondly remember the first time I used points from my American Express frequent flyer credit card. It allowed me to upgrade my flight to first class—a luxury I wouldn't have experienced otherwise."

Benefits of frequent flyer credit cards

Frequent flyer credit cards offer a range of benefits that make them appealing to consumers. Some of the key benefits include:

  • Earn points: Cardholders can earn points or miles for every dollar spent on eligible purchases, which can be redeemed for flights and other travel-related expenses.
  • Sign up bonuses: Many frequent flyer credit cards offer generous sign-up bonuses, providing a significant number of bonus points when you first open the card and meet the minimum spending requirement.
  • Travel perks: Cardholders often enjoy travel perks such as airport lounge access, free travel insurance, and priority boarding.
  • Foreign transaction fee waiver: Some frequent flyer credit cards waive foreign transaction fees, making them ideal for international travel.
  • Additional rewards: In addition to travel rewards, some cards offer additional perks such as cashback, statement credits, Priority Pass, or discounts on partner merchants.

Andrew Boyd of Credit Card Compare

Andrew Boyd, the co-founder of Credit Card Compare, says, "One of the biggest benefits of earning frequent flyer points is the sense of freedom, but you also need to either plan ahead or be prepared to be flexible when it comes to booking a seat."

How to choose the best frequent flyer credit card

With many frequent flyer credit cards available in the market, selecting the right one can be a daunting task. Here are some factors to consider when choosing the best frequent flyer credit card for your needs:

  • Airline affiliation: Choose a card that aligns with your preferred airline or one that offers flexibility in transferring points to multiple airline partners.
  • Annual fees: Consider the annual fee associated with the card and evaluate whether the benefits and rewards justify the cost.
  • Interest rates: Look at the interest rates offered by the card and ensure they are competitive with other credit cards in the market.
  • Bonus points: Evaluate the sign up bonus and the minimum spending requirement to determine if it is attainable based on your regular spending habits.
  • Reward redemption options: Check the redemption options available for your accumulated points and ensure they align with your travel preferences.
  • Additional benefits: Consider additional perks such as travel insurance, purchase protection, and concierge services offered by the card.

Help choosing a frequent flyer credit card

Learn the basics of how frequent flyer credit cards can enhance your travel experience.

  • FAQs

  • Pros & cons

  • Why trust us

How do frequent flyer credit cards work?

Frequent flyer credit cards work by rewarding cardholders with points or miles for their spending. The accumulated points can then be redeemed for travel-related expenses such as flights, hotel stays, and car rentals.

Are there any fees associated with frequent flyer credit cards?

Most frequent flyer credit cards come with an annual fee, which varies depending on the card issuer and the benefits offered. Additionally, some cards may have foreign transaction late payment fees, so reviewing the terms and conditions before applying fees or late payment fees is essential to review the terms and conditions before applying.

How can I maximise the benefits of a frequent flyer credit card?

To make the most of your frequent flyer credit card, consider using it for all your everyday spending to accumulate points quickly. Take advantage of sign-up bonuses and promotions, and strategically redeem your points for maximum value.

Can I use my frequent flyer credit card points for anything other than travel?

While frequent flyer credit card points primarily focus the card offers on travel rewards, some cards offer alternative redemption options such as merchandise, gift cards, or cashback. Check with your card issuer for specific redemption options available.

What should I consider before applying for a frequent flyer credit card?

Before applying for a frequent flyer credit card, consider factors such as the annual fee, interest rates, reward structure, redemption options, and additional benefits offered by the card. Ensure the card aligns with your spending habits and travel preferences to maximise value.

Pros

Bonus points

New applicants can earn a significant number of points — ranging from a few thousand to over a hundred thousand — upon meeting specific spending requirements. These points can be a substantial boost, potentially redeemable for international flights or premium cabin upgrades.

Earn points on every dollar spent

Frequent flyer credit cards reward everyday spending with points, typically offering between 0.5 to 1.25 points per dollar spent. Partnered spending, especially with airlines, can yield even higher point rates.

Exclusive travel benefits

Beyond earning points, these cards are packed with travel-centric perks. Complimentary travel insurance, airport lounge access, and flight credits are common benefits. Some also offer status credits that can fast-track users to higher tiers within their respective linked frequent flyer programs.

Earn points without flying

This may seem rather self-evident, but if you do not fly frequently, a credit card is one of the easiest ways to accumulate points.

Additional perks

Alongside the primary benefits, it's not unusual for these cards to come with additional features such as extended insurance and concierge services.

Cons

Spending thresholds for bonus point

The criteria to unlock bonus points can be multifaceted, requiring cardholders to reach spending thresholds within initial months and possibly retain the card for over a year to benefit fully from the offer.

Higher ongoing cost

The allure of points comes at a cost. Frequent flyer credit cards generally have a higher annual fee and interest rates on purchases. This can significantly increase the cost of holding the card, especially for those who carry a balance.

Spending incentives can lead to debt

The promise of earning points can entice cardholders to spend beyond their means. For individuals who struggle with budgeting, this could result in accumulating debt, particularly if the card balance isn't paid off in full each month.

Airline points devaluation

If an airline devalues their points — which Qantas likes to do — then you may earn the same number of points per dollar, but you'll need more of them.

Earning tiers and caps

Many frequent flyer credit cards limit the potential to earn points beyond a certain threshold, which can affect the overall efficiency of point accumulation.

Methodology

We considered the following attributes and associated metadata when choosing which cards to include in our frequent flyer credit card comparison table and their rank order.

  • Annual fee initial year: The first year's annual card fee amount. Lower is better.
  • Annual fee ongoing: How much is charged each subsequent year to renew the card. Lower is better.
  • Bonus points offer: Whether there is a bonus points offer available and how many bonus points can be earned. A higher number of bonus points is considered better.
  • Business or individual: If the card is designed for businesses or individuals. This is important for eligibility and tailoring to specific needs.
  • Complimentary insurance: Whether complimentary insurance is included and what types are offered (e.g., travel, purchase protection). More comprehensive coverage is considered better.
  • Currency conversion fee: How much the surcharge is when transacting while overseas or with an overseas online store. Lower is better.
  • Interest rate on purchases: The standard interest rate on purchases. Lower ongoing rates are considered better.
  • Interest-free period: The number of interest-free days from statement. Longer is better.
  • Lounge access: If complimentary lounge access is available. Lounge access is considered a valuable perk for frequent flyers.
  • Minimum credit limit: The lowest credit limit offered, if publicised by the bank.
  • Minimum income required: Minimum gross annual individual/household income to qualify. Lower thresholds increase eligibility.
  • Other perks: Any additional benefits, such as complimentary access to other reward programs or hotel upgrades. More perks are considered better.
  • Points cap: Whether the reward points earned are capped or uncapped per statement period. Uncapped points are considered more beneficial.
  • Points per dollar: The number of points earned per dollar spent on eligible purchases. A higher earn rate is considered better.
  • Rewards program: The rewards program the credit card is linked to. Popular, flexible programs with good redemption rates are considered better.
  • Transferred points value: The estimated value of the points when transferred to the linked rewards program. Higher point values are considered better.
  • Travel credits: If travel credits are offered and their value. Travel credits can offset the annual fee and provide added value for frequent travelers.

Our rankings may not reflect what matters most to you. Be sure to compare key rates, fees, and features against your own travel preferences and financial priorities before deciding.