Best frequent flyer credit cards July 2018

Sally McMullen 2 July 2018 NEWS

Kickstart the new financial year with a credit card that boasts up to 90,000 bonus points.

Whether you're a Qantas Frequent Flyer or a Velocity Points lover, you could book your next overseas trip with points using the right frequent flyer credit card. As there is no one best frequent flyer credit card for every type of points chaser, we've hand-picked the cards with the biggest bonus points offers available through finder in July.

From the bonus points offers and earn rates to the extra features and annual fees, you can compare some of the most competitive frequent flyer credit card offers below.

All of the rates, fees and offers mentioned here are correct at the time of publication.

Best credit card for Qantas Frequent Flyers

  • American Express Westpac Altitude Platinum - Qantas bundle (finder exclusive)

  • Bonus points. Up to 90,000 Qantas Points.
  • Earn rate. Up to 1.5 Qantas Points per $1 spent.
  • Annual fee. $50 Qantas Rewards Fee in the first year (combined $249 p.a. annual fee thereafter).

When you apply for the Amex Westpac Altitude Platinum Qantas bundle through finder by 31 July 2018, you can score up to 90,000 bonus Qantas Points!

When you spend $3,000 on eligible purchases in the first 90 days of approval with your Visa, you’ll get 75,000 bonus points. If you spend $3,000 on eligible purchases in the first 90 days of approval with your Amex, you’ll earn another 15,000 bonus Qantas Points. With your bonus points, you could take a return trip in economy from Melbourne to Las Vegas (45,000 points each way) or a one-way trip from Brisbane to London in economy (60,000 points). It's also almost enough points to fly from Sydney to LA in business class (96,000 points).

If you apply anywhere but finder, you’ll only earn 75,000 bonus Qantas Points for meeting this same spend requirement. So this exclusive deal is an easy way to get more points without forking out any extra cash!

You'll also continue to earn points for every $1 you spend on eligible purchases, although the earn rates will vary depending on whether you're spending with your Amex or Visa. You can earn 0.5 Qantas Points per $1 spent on your Visa. When you're paying with your American Express, you’ll collect 1.5 Qantas Points per $1 spent on purchases in a foreign currency, 1 Qantas Point per $1 spent in Australia as well as 0.5 Qantas Points per $1 spent on government transactions (such as ATO bills).

You’ll get all of these perks for a reduced annual fee. This bundle usually has a standard combined annual fee of $249 p.a. ($150 for the Visa, $49 for the American Express and a $50 Qantas fee). But when you apply by 31 July 2018, you’ll only have to pay the $50 Qantas Rewards fee in the first year.

  • Honourable mention: Qantas Premier Everyday card

Until 31 August 2018, new cardholders can earn up to 40,000 bonus Qantas Points with the Qantas Premier Everyday card. You can collect 20,000 points each month you spend $2,000 or more for the first 2 months from card approval ($4,000 total to earn the maximum 40,000 bonus points).

You’ll earn 0.75 Qantas Points per $1 spent on eligible purchases up to $3,000 per statement period and 0.4 Qantas Points per $1 spent thereafter. You can also collect 1 Qantas Point per $1 spent on international purchases and 1 additional Qantas Point per $1 spent on eligible Qantas purchases.

This card comes with complimentary international travel insurance and a 24/7 concierge service. You can also save with a $0 first year annual fee (which reverts to a competitive $49 p.a. annual fee thereafter).

Best card for Velocity Frequent Flyers

  • Virgin Australia Velocity Flyer card

  • Bonus points. Up to 60,000 Velocity Points.
  • Earn rate. Up to 0.66 Velocity Points per $1 spent.
  • Annual fee. $64 p.a. for the first year ($129 p.a. after that).

If you apply for the Virgin Australia Velocity Flyer card by 2 September 2018, you can score up to 60,000 bonus Velocity Points. You’ll collect 20,000 Velocity Points each month you spend at least $1,500 on eligible transactions for the first 3 months. This means you can earn a total of 60,000 Velocity Points when you meet the spend requirement. That’s more than enough to redeem a one-way business class flight from Melbourne to Fiji (49,500 points) or a return economy flight from Sydney to Hong Kong (55,600 points).

You’ll earn 0.66 points per $1 spent up to $1,500 each statement period. After this, you’ll get 0.5 points per $1 spent for the rest of the statement period. If you regularly spend more than $1,500 per month, consider how the reduced earn rates could impact your points potential compared to other card offers.

As well as points, this card comes with a bunch of travel perks. You’ll receive a $129 p.a. Virgin Australia gift voucher each year, which can help offset the standard annual fee. Just make sure you use your card to make a retail purchase within two months of requesting the voucher to qualify. You can also travel with peace of mind thanks to complimentary transit accident insurance.

  • Honourable mention: American Express Velocity Platinum card

You can earn 50,000 bonus Velocity Points when you spend $3,000 in the first 3 months with the American Express Velocity Platinum card.

You’ll also earn 1.5 Velocity Points per $1 spent on eligible purchases plus 1 additional Velocity Point per $1 spent on select Virgin Australia purchases. You can also take advantage of a complimentary Virgin Australia domestic return flight each year, two single-entry passes to domestic Virgin Australia lounges annually and complimentary travel insurance.

Although it boasts a bunch of extras, this card has a much higher annual fee of $375 p.a. and a purchase rate of 20.74% p.a.

You can find more Velocity Frequent Flyer credit cards on finder.

Compare these points credit cards side by side

Rates last updated May 24th, 2019
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
American Express Westpac Altitude Platinum Bundle - Qantas
75,000 bonus points
Qantas Frequent Flyer
1
0.5
20.24% p.a. (AMEX)

20.49% p.a. (Visa/MC)

$99 p.a. annual fee for the first year ($249 p.a. thereafter)
Up to 75,000 bonus Qantas Points when you meet the criteria with this dual Mastercard (issued by Westpac) & Amex (issued by Amex).
Qantas Premier Everyday
20,000 bonus points
Qantas Frequent Flyer
0.75
0% for 9 months, reverts to 19.99% p.a.
$49 p.a.
Take advantage of 20,000 bonus Qantas Points, a long-term purchase and balance transfer offers. Plus, complimentary overseas travel insurance.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
75,000 bonus points
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 75,000 bonus points in the first 3 months and save with a $64 first year annual fee. Plus, a long-term balance transfer offer.
American Express Velocity Platinum Card
100,000 bonus points
Velocity Frequent Flyer
1.25
20.74% p.a.
$375 p.a.
Receive up to 100,000 bonus Velocity Points and enjoy complimentary lounge passes, a domestic return flight and insurance covers.

Compare up to 4 providers

All of these cards offer competitive bonus points deals, but you should also choose the right card for you based on the earn rates, extra features as well as the rates and fees. If you want to compare even more options, you can check out our guide to frequent flyer credit cards and rewards credit cards.
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