Best frequent flyer and rewards credit cards December 2018
Book your next holiday sooner with a credit card that boasts up to 100,000 bonus points.
With the end of 2018 in sight, why not toast the new year with a big bonus points bounty? If you're ready to earn more points, we've handpicked some of the most rewarding credit cards available through Finder this December. To help you decide, we've narrowed it down by cards that earn Qantas Points, Velocity Points and credit card rewards.
How did we pick this month's round-up of offers?
There is no one best rewards or frequent flyer credit card for every points chaser. We've picked this month's line-up based on the cards that offer the most competitive bonus points offers through Finder. To help boost your points, we've narrowed down our picks by cards that offer bonus points of 50,000 or more that you can get within the first 12 months. We've only included cards that offer earn rates of 0.5 points per $1 spent or more.
Best credit cards for Qantas Points
- Bonus points. Up to 90,000 bonus Qantas Points.
- Earn rate. Up to 1.5 Qantas Points per $1 spent.
- Annual fee. $50 first year annual fee ($249 p.a. thereafter).
If you apply for the American Express Westpac Altitude Platinum Qantas bundle on Finder, you can score up to 90,000 bonus Qantas Points. This is 15,000 more bonus points than you can earn with this card if you apply anywhere else.
You just have to sign up by 12 December 2019 and meet the spend requirement to get the points. You'll receive 75,000 bonus points when you spend $3,000 with your Visa in the first 90 days and 15,000 bonus points when you meet the same spend requirement with your Amex. That's enough points to fly in Economy from Sydney to Paris (78,000 points) or Los Angeles (90,000 points). If you prefer to travel in luxury, you could fly from Sydney to Dubai in business class (90,000 points).
This isn't the highest bonus points offer on the market right now, but it does offer a competitive bonus points offer when compared to the spend requirement and annual fee.
This card also has an impressive earn rate. You'll earn 0.5 Qantas Points per $1 spent with the Visa card. On the American Express card, 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).
Although this card doesn't come with Qantas or Amex airport lounge invitations, it does offer complimentary international travel insurance and access to Amex Invites.
Honourable mention: NAB Qantas Rewards Signature card
The NAB Qantas Rewards Signature card rewards new cardholders with 90,000 bonus Qantas Points. You'll get the bonus points when you spend $4,000 on eligible purchases within the first 60 days. You can earn up to 1 Qantas Point per $1 spent up to $5,000 per statement period (and will receive 0.5 points per $1 up to $20,000 per statement period). This card charges a higher annual fee of $295 in the first year and $395 p.a. thereafter.
Searching for more ways to earn Qantas Points? Start comparing other Qantas Frequent Flyer credit cards to find the most rewarding one for you.
Best credit cards for Velocity Points
- Bonus points. Up to 90,000 bonus Velocity Points.
- Earn rate. Up to 1 Velocity Point per $1 spent.
- Annual fee. $289 p.a.
If you apply for the Virgin Australia Velocity High Flyer card by 31 January 2019, you can earn up to 90,000 bonus Velocity Points. You'll earn 30,000 bonus points every month when you spend at least $3,000 on eligible transactions for the first 3 months. The combined 90,000 points makes it one of the biggest bonus Velocity Points offer on the market right now.
You could use your bonus Velocity Points to fly from Sydney to Los Angeles in premium economy, return from Sydney to Fiji in business class or return from Melbourne to Auckland in business class (all priced 71,000 points excluding taxes and fees).
You'll earn 1 Velocity Point per $1 spent on eligible transactions up to $8,000 per month, then 0.5 Velocity Points for every $1 spent thereafter. This is a competitive earn rate compared to other options for Velocity frequent flyers.
Each year, you can save on travel costs with a $129 Virgin Australia gift voucher. You just need to make an eligible purchase on your card in the two months before requesting your voucher. You can travel in style with two invitations to domestic Virgin Lounges each year. It also boasts complimentary international travel insurance and purchase cover.
This card charges a $289 p.a. annual fee and a 20.74% p.a. purchase interest rate.
Honourable mention: Virgin Australia Velocity Flyer card
The Virgin Australia Velocity Flyer card offers up to 60,000 Velocity Points when cardholders apply by 31 January 2019 and meet the tiered spend requirement. You will earn 20,000 bonus Velocity Points each month you spend $1,500 or more on eligible transactions for the first 3 months. You'll earn 0.66 Velocity Points per $1 spent on eligible transactions and 0.5 points per $1 after that.
This card comes with a $129 Virgin Australia gift voucher each year and complimentary travel insurance. It doesn't offer lounge passes but it does have a lower annual fee and a first-year annual fee of $64 ($129 p.a. thereafter).
You can check out more Velocity Frequent Flyer credit cards on Finder.
Best credit cards for rewards points
- Bonus points. 100,000 bonus Membership Rewards.
- Earn rate. 2 Membership Rewards per $1 spent.
- Annual fee. $395 p.a.
If you apply for the American Express Explorer credit card by 7 January 2019 and spend $1,500 on eligible purchases in the first 3 months, you'll score 100,000 bonus Membership Rewards. You can transfer your Membership Rewards to eight airline partner programs including Velocity, Singapore Airlines KrisFlyer and Emirates Skywards. For example, you could get 75,000 Velocity Points with your bonus Membership Rewards.
You'll also earn 2 Membership Rewards points per $1 spent with your card, except on government transactions where you'll earn 0.5 points per $1 spent. Please note that the number of points you'll earn per $1 spent and the exchange rates to partner frequent flyers and other rewards will change from 15 April 2019. You can compare the details in this comprehensive guide.
This card charges a $395 p.a. annual fee, which you can offset with the annual $400 American Express Travel credit. You can use this to book flights, accommodation and more through the Amex Travel website. You can start your holiday right with two complimentary passes to the American Express Lounge at Sydney International (Kingsford Smith) Airport or Melbourne International Airport each year
You can save on other travel expenses with complimentary international travel insurance and Hotels Collection credit of up to US$75 and a complimentary room upgrade when you meet the spend requirement. This card has a 20.74% p.a. purchase interest rate, so it's best suited to cardholders who pay their balance in full.
Honourable mention: St.George Amplify Signature card (Online offer)
If you apply for the St.George Amplify Signature online by 17 December 2018 and spend $4,000 within the first 90 days of card approval, you will get 100,000 bonus Amplify Rewards.
You'll collect 1.5 points per $1 spent on eligible purchases. You can redeem your Amplify Rewards for gift cards, merchandise and partnered frequent flyer points on the Amplify website. For example, you can get 50,000 Velocity Points, Malaysia Airlines Enrich points or KrisFlyer Miles with 100,000 Amplify Rewards points.
This card offers two complimentary Priority Pass airport lounge invitations each year as well as complimentary international travel insurance. This card charges $0 annual fee in the first year (which reverts to $279 p.a. after that). It has a 20.24% p.a. purchase interest rate.
Compare these credit cards side by side
These are just some of the competitive rewards and frequent flyer credit cards you can apply for through Finder right now. If you haven't already, start comparing your options to find the most rewarding credit card for you and close your 2018 with a bang.
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- Ask Finder: Can I get two of the same credit card?
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- Ask Finder: Will my credit card travel insurance cover travel agent issues?
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