Car Rental Credit Cards – Credit Cards with Cheap Car Rental Deals

Credit cards can cater to those who rent cars in a range of ways. Find out how you can benefit.

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Rewards credit cards offer rewards applicable to the vast majority of spenders out there—there's usually something for everyone.

A rewards credit card can benefit those who regularly rent vehicles in the following ways:
You can use rewards points to pay for car rental
You can earn bonus points when using car rental partners
Some cards have complimentary rental vehicle excess insurance

Read on to learn more about how each of these benefits works and how you can compare the cards which offer them.

Car rental credit card comparison

Updated January 20th, 2020
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
St.George Amplify Platinum - Online Offer
19.74% p.a.
0% p.a. for 22 months
$99 p.a.
Get 100,000 bonus Amplify Points when you spend $2,000 in the first 90 days. Plus, a balance transfer offer of 0% interest for 22 months.
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get 20,000 bonus Qantas Points per month for the first 6 months when you spend $1,500/month. Total of up to 120,000 bonus Qantas Points.
Bank of Melbourne Amplify Platinum
19.74% p.a.
0% p.a. for 6 months
$99 p.a.
Get a $400 e-gift card when you spend $3,000 on eligible purchases within 90 days of card approval. Plus, complimentary insurance covers.
St.George Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers.
American Express Westpac Altitude Black Bundle - Velocity
20.24% p.a. (AMEX)

20.49% p.a. (Visa/MC)
$399 p.a. annual fee for the first year ($499 p.a. thereafter)
Up to 100,000 bonus Velocity Points with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex). T&Cs apply.
Qantas Premier Everyday
19.99% p.a.
0% p.a. for 12 months
$29 p.a. annual fee for the first year ($49 p.a. thereafter)
Get up to 25,000 bonus Qantas points, a discounted first year annual fee and complimentary insurance covers.
Bank of Melbourne Amplify Platinum - Qantas
19.74% p.a.
0% p.a. for 6 months
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and earn up to 0.5 Qantas Points per $1 spent.
St.George Amplify Platinum - Qantas - Online Offer
19.74% p.a.
0% p.a. for 22 months
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and a 0% balance transfer for 22 months.
Westpac Altitude Black - Velocity
20.49% p.a.
$300 p.a.
Earn 80,000 bonus Velocity Points when you meet the spend requirement. Plus, complimentary seat upgrades and lounge passes.

Compare up to 4 providers

You can use rewards points to pay for car rental

Most of the frequent flyer and rewards programs in the market today allow you to use your points to pay for car rental services. There's a couple things you should know about this.

Unlike using points to claim with hotels, most programs have only one car hire partner.

Rewards programCar hire partners
Qantas Frequent Flyer and American ExpressAVIS
Virgin Velocity Frequent Flyer ProgramEuropcar (with Hertz and Thrifty supposedly on their way)t
Westpac AltitudeHertz

If you regularly use the services of one car hire company in particular you'll want to see if they're a partner with any frequent flyer programs.

Different rewards programs allow you to use your points in different ways.

This will also have an impact on how you use your points towards renting a car. Some frequent flyer programs like Qantas', American Express' and Westpac Altitude only allow you to redeem your points for car hire vouchers. Others like Virgin Velocity allow you to directly redeem points for car hire.

You can earn bonus points when using car rental partners

Most frequent flyer and rewards programs also allow you to earn bonus points when using car rental services. If we take some of the above examples we can see the extra points able to be earned when hiring a vehicle.

  • Qantas Frequent Flyer Program

You can earn bonus points for the following car hire partners.

Car hire partnersIn AustraliaOutside of Australia
AVIS3 points per dollar spent700 points per rental
Budget3 points per dollar spent700 points per rental
  • Virgin Velocity Frequent Flyer Program

Car hire partnersIn Australia and New ZealandOutside Australia and New Zealand
Hertz3 points per dollar spent800 points per rental
Thrifty3 points per dollar spent800 points per rental
Europcar3 points per dollar spent800 points per rental

There are also bonuses to this rate depending on what Velocity membership level you have.

Membership levelBonus points rate
Silver50% bonus points
Gold75% bonus points
Platinum100% bonus points
  • Westpac Altitude Program

The Altitude Program also gives cardholders the ability to earn bonus points when hiring a vehicle from Hertz.

Card usedBonus points earned
Altitude Business cards1 per dollar spent
Altitude Black, Altitude Business Gold, Altitude Platinum3 per dollar spent

Complimentary rental vehicle excess insurance

As part of the benefits of many gold and platinum credit cards card providers will give cardholders free insurance policies.

These policies can include complimentary travel insurance and of particular relevance to this article, insurance which covers your excess in the event you have an accident in your rental vehicle and it suffers damage.

Compare the market today

As you've probably noticed, there are quite a few cards out there which offer the benefits listed above, so you'll want to compare rewards cards out there to find the right one for your use.

The information about earning bonus points and redeeming points with car hire partners can be found easily on the rewards page of the card you're looking for.

If you want to compare car rental excess you can read about the limits and exclusions on one of our complimentary insurance pages or in the terms and conditions on the card provider's website.

Pictures: Shutterstock

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4 Responses

  1. Default Gravatar
    TonyJanuary 4, 2019

    I am looking at HSBC Platinum Credit Card. Does this card provide complimentary Rental Vehicle Excess Insurance for car being rented in Australia or it only covers international car rentals?

    • Avatarfinder Customer Care
      JhezJanuary 5, 2019Staff

      Hi Tony,

      Thank you for your comment.

      Provided that you meet the eligibility criteria and the conditions, yes, you are covered for vehicle rental within Australia. To know more about the details, please check the HSBC Complimentary Insurance Terms and Conditions booklet found on their website. You may also contact Allianz Global Assistance as they own the policy.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  2. Default Gravatar
    EvanApril 14, 2015

    My wife and have HSBC MasterCards and premier cards. We want to rent a car in Europe this summer and would like to know what the car insurance covers while using our HSBC MasterCard. Are there any restrictions and do we have to decline the rental company’s collision insurance? How much are we covered for and there restrictions as to the number of days we are covered? If we rent for six weeks will we be covered? Thank you!

    • Avatarfinder Customer Care
      JonathanApril 15, 2015Staff

      Hi Evan, thanks for your inquiry!

      Please refer to the details I have sent to your email outlining all the information to your questions.

      Cheers,

      Jonathan

Credit Cards Comparison

Updated January 20th, 2020
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Enjoy a balance transfer offer, yearly annual fee refund, airport lounge passes and complimentary insurance covers.
ANZ Frequent Flyer Black
20.24% p.a.
20.24% p.a.
$425 p.a.
Earn 120,000 bonus Qantas Points & $275 back when you spend $4,000 in the first 3 months. Plus, airport lounge passes.
St.George Vertigo Classic
13.99% p.a.
0% p.a. for 18 months
$55 p.a.
Get 0% p.a. interest for up to 18 months on balance transfers with no balance transfer fee. Plus, a low annual fee and purchase rate.
Coles No Annual Fee Mastercard
0% for 12 months, reverts to 19.99% p.a.
0% p.a. for 12 months
$0 p.a.
Offers 0% p.a. on purchases and balance transfers for the first 12 months and an ongoing $0 annual fee. Plus, earn flybuys for your eligible spend.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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