Frequent Flyer Credit Cards

Want to earn and redeem points for flights, accommodation and other rewards? Compare frequent flyer credit cards and get to your next destination faster.

Frequent flyer credit cards let you earn points for every $1 spent to help you redeem flights, upgrades and other rewards sooner. You can also enjoy a range of additional features including complimentary travel insurance, bonus points offers, airline lounge access and promotional interest rates. This guide goes through everything you need to know to do exactly that, including how these cards work, tips for earning and using points, comparing frequent flyer credit cards and insights to help you choose the right card for you.

Sponsorship - ANZ Frequent Flyer Black - Frequent Flyer Offer - PE-35959

Frequent Flyer Credit Card Offer

Earn Qantas Points with ANZ Frequent Flyer Black Card.

  • Receive 75,000 Qantas Points when you spend $2,500 on eligible purchases within the first three months of card activation and pay no annual fee for the first year.
  • Earn up to 1.5 Qantas Points for every $1 spent on everyday purchases using the ANZ Frequent Flyer Black American Express card for up to $6,000 per statement period and 0.75 Qantas Points per $1 spent on everyday purchases using the ANZ Frequent Flyer Platinum Visa card for up to $6,000 per statement period.
  • Offer available to new and approved applications. Eligibility criteria, terms and conditions, fees and charges apply.

    Compare Frequent Flyer Credit Cards

    Rates last updated February 21st, 2017
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    75,000 bonus points 0.75 1.5 $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    60,000 bonus points 1 0 $199 p.a. Go to site More info
    American Express Essential Credit Card
    American Express Essential Credit Card
    1 $0 p.a. Go to site More info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    50,000 bonus points 0 1 $450 p.a. Go to site More info
    ANZ Frequent Flyer Platinum
    ANZ Frequent Flyer Platinum
    50,000 bonus points 0.5 1.5 $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
    American Express Explorer Credit Card
    American Express Explorer Credit Card
    50,000 bonus points 2 $395 p.a. Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info

    Qantas Rewards Program

    Rates last updated February 20th, 2017.

    ANZ Frequent Flyer Platinum

    50,000 bonus points offer has been extended, plus a new offer of $0 annual fee for the first year.

    November 29th, 2016

    ANZ Frequent Flyer Black

    75,000 bonus points extension with $2,500 minimum spend + annual fee waiver for the first year.

    November 29th, 2016

    HSBC Platinum Qantas Credit Card

    60,000 bonus points offer has been extended until 30 June 2017.

    December 27th, 2016

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    75,000 bonus points 0.75 1.5 $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    60,000 bonus points 1 0 $199 p.a. Go to site More info
    ANZ Frequent Flyer Platinum
    ANZ Frequent Flyer Platinum
    50,000 bonus points 0.5 1.5 $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    American Express David Jones - Qantas Rewards
    American Express David Jones - Qantas Rewards
    22,500 bonus points 0 0.75 $99 p.a. Go to site More info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    50,000 bonus points 0 1 $450 p.a. Go to site More info

    Velocity Rewards Program

    Rates last updated February 20th, 2017.

    American Express Velocity Escape Card

    Bonus Velocity Points field has been updated from 15,000 to 7,500.

    February 29th, 2016

    Virgin Australia Velocity Flyer Card - Balance Transfer Offer

    0% p.a. for 18 months balance transfer offer has been extended until 28 February 2017.

    January 16th, 2017

    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer

    30,000 bonus points and 0% balance transfer offers have been extended until 28 February 2017

    January 16th, 2017

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    American Express Velocity Business Card
    American Express Velocity Business Card
    0 1 $249 p.a. Go to site More info

    Other Rewards Programs

    Rates last updated February 20th, 2017.

    Westpac Altitude Black - Bonus Points Offer

    Offer of 100,000 bonus Altitude or Qantas Points extended until 28 February 2017

    January 25th, 2017

    American Express Explorer Credit Card

    Bonus points has been changed from 100,000 to 50,000.

    January 31st, 2017

    American Express Platinum Edge Credit Card

    Bonus points have been updated from 10,000 to 5,000 + no annual fee for the first year.

    January 31st, 2017

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
    American Express Platinum Edge Credit Card
    American Express Platinum Edge Credit Card
    5,000 bonus points 0 1 $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
    American Express Explorer Credit Card
    American Express Explorer Credit Card
    50,000 bonus points 2 $395 p.a. Go to site More info
    American Express Essential Credit Card
    American Express Essential Credit Card
    1 $0 p.a. Go to site More info
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card
    1 0 $149 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    60,000 bonus points 1 0 $199 p.a. Go to site More info
    Citi Rewards Credit Card - Platinum Card
    Citi Rewards Credit Card - Platinum Card
    1.25 0 $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    Westpac Altitude Black - Bonus Points Offer
    Westpac Altitude Black - Bonus Points Offer
    100,000 bonus points 1.25 3 $395 p.a. Go to site More info
    NAB Rewards Platinum Card
    NAB Rewards Platinum Card
    80,000 bonus points 1 $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
    ANZ Rewards Travel Adventures card
    ANZ Rewards Travel Adventures card
    1 2 $225 p.a. Go to site More info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    American Express Qantas Premium Card
    American Express Qantas Premium Card
    30,000 bonus points 0 1 $249 p.a. Go to site More info
    David Jones American Express Platinum Card
    David Jones American Express Platinum Card
    40,000 bonus points 1 $295 p.a. Go to site More info
    Citi Qantas Signature Credit Card
    Citi Qantas Signature Credit Card
    50,000 bonus points 1 0 $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    American Express Platinum Business Card
    American Express Platinum Business Card
    150,000 bonus points 0 1 $1,500 p.a. Go to site More info
    American Express Gold Business Card
    American Express Gold Business Card
    10,000 bonus points 0 1 $169 p.a. Go to site More info

    The finder.com.au best* frequent flyer credit cards

    Compare the features, bonus points and earn rate of frequent flyer cards below.

    Credit CardBonus PointsPoints per $ spent
    ANZ Frequent Flyer Platinum Credit Card50,0001.5
    American Express Explorer Credit Card50,0002
    Citi Rewards Credit Card - Signature75,0001.5
    Virgin Australia Velocity High Flyer Card30,0001

    What This Frequent Flyer Guide Explains

    Follow the steps below to learn about the benefits, then compare and apply for a frequent flyer credit card.

    How does a frequent flyer credit card work?

    Frequent flyer credit cards offer earn points when you use them for eligible purchases. These cards earn a set number of points for every dollar spent (e.g. 1 point per $1), known as the earn rate. This means the more you pay with plastic, the more frequent flyer rewards you can get.

    Depending on the type of reward credit card you use, there are different ways to earn and redeem frequent points. Some cards credit points directly to your frequent flyer account, and others allow you to transfer points to a frequent flyer account of your choosing. We explain each of these options in detail below.

    How a frequent flyer credit card can benefit you and improve your lifestyle

    Below are some of the most common pros and cons of frequent flyer credit cards to be aware of before you apply. Please keep in mind that these factors may vary depending on the card.

    Benefits for choosing a frequent flyer credit card 

    • Redeem flights and travel upgrades faster. By earning points on your everyday spend you can reach your rewards goals in less time.
    • Large range of rewards. Use your points to redeem rewards including flights, hotels, online shopping and other lifestyle benefits.
    • Increase membership status faster. Earning more points can help you reach the next membership tier sooner, giving you access to even more perks and benefits.
    • Travel perks. Travel comfortably with access to airline lounges, 24/7 concierge services and travel insurance.
    • Sign up bonus points. Some credit cards offer introductory bonus points as an incentive for new customers. These offers boost your points balance so you can redeem rewards such as flights and holidays faster.
    • Complimentary insurance. Save on stand-alone insurance costs and get peace of mind when travelling with complimentary insurance covers including travel insurance, interstate flight inconvenience insurance and purchase security insurance.

    Considerations when choosing a frequent flyer credit card 

    • High interest rates. Frequent flyer credit cards often come with less competitive interest rates than other cards. As such, they are suited to cardholders who pay their balance off each month so that the accumulated interest doesn't outweigh the value of the rewards.
    • Higher annual fees. As well as high interest rates, these cards often come with higher annual fees than no frills options. Consider your spending and the rewards you'll earn to make sure that the value your get from the card is more than the annual fee.
    • Temptation to spend. If you struggle to repay your credit card on time or need to consolidate a debt, a rewards card might tempt you to spend for the sake of points when you should be reigning in your purchases.

    Types of Frequent Flyer Credit Cards on the market

    Your current stage in choosing a frequent flyer credit card

    How to compare and find the best* frequent flyer credit card for your needs

    The mix of frequent flyer credit cards on the market gives you a chance to compare options and find one that suits your individual goals and circumstances. Go through the checklist below to find out what different factors you should consider when looking at credit cards that earn frequent flyer points.

    1. The frequent flyer program. Choosing a credit card that earns points for a frequent flyer program (or programs) you already use will help you maximise your rewards.

    2. Point earning rate. Check the standard rate of points per $1 spent. Be aware that a different earn rate could apply for certain types of spending (i.e. overseas purchases), or if it is a dual credit card that comes with an Amex and either a MasterCard or a Visa.

    3. Reward values. Consider the types of rewards you want to claim, the amount of points you'll need and how much spending that requires. Check how these values measure up between programs so you can apply for the card that offers the greatest value based on your spending and reward goals.

    4. Annual fee. Ideally, the annual fee should be worth less than the rewards and any complimentary extras on the card that you intend to use.

    5. Promotional rates and features. Frequent flyer credit cards sometimes have promotions for new customers, such as bonus points, 0% purchase ratesbalance transfer offers or even no annual fee for the first year. These benefits can add value to the card that you choose, but make sure you read the terms and conditions for details of the requirements and honeymoon period so that they work for you (and not the other way around).

    6. Complimentary extras. Reward and frequent flyer credit cards often come with a selection of complimentary extras such as international travel insurance, extended warranties, concierge services and airline lounge access. The value of these perks can be used to offset the cost of the annual fee – as long as you know you will actually use them. They can also be handy to have available just in case you ever need them.

    Your current stage in choosing a frequent flyer credit card

    How to earn and redeem frequent flyer points with a credit card

     Earning Points

    Points are a key factor when choosing and using a frequent flyer credit card, and there are two main options to consider:

    1. Direct earn cards

    These credit cards are partnered with specific airline rewards programs, earning points that are credited directly to your associated frequent flyer account. For example, the American Express Qantas Premium card earns 1 Qantas Point per $1 spent, and the Virgin Australia Velocity Flyer card earns 1 Velocity Point per $1 spent.

    Direct earn cards generally have a better earn rate than other options, so you could potentially get more rewards for your spending if you’re loyal to one frequent flyer program.

    2. Indirect earn cards

    These reward credit cards earn points that can be transferred to a wide range of frequent flyer programs. For instance, the ANZ Rewards Black credit card earns 3 ANZ Reward points per $1 spent, which can then be exchanged for Air New Zealand AirpointsSingapore Airlines KrisFlyer miles or Velocity Frequent Flyer reward points.

    Unlike direct earn frequent flyer credit cards, the point values of these cards may differ when transferred to a frequent flyer account. For instance, 2.5 CommBank Award points are worth 1 Qantas Frequent Flyer point, so you would need to factor in this exchange rate when choosing the card.


     Using your points

    Once you have earned enough points, you can redeem them for a variety of rewards. Here are some of the great redemptions you could make through your frequent flyer program.

    Flights

    Flights (Return)

    Melbourne

    Flight from Sydney to Melbourne:

    Qantas 16,000 points
    Velocity 15,600 points

    Tokyo (1)Flight from Sydney to Tokyo:
    Qantas 70,000 points
    Velocity 89,600 points
    LondonFlight from Sydney to London:
    Qantas 120,000 points
    Velocity 119,600 points
    New-York-ManhattanFlight from Sydney to New York:
    Qantas 120,000 points
    Velocity 119,600 points

    Gift Vouchers

    Gift Vouchers

    JB Hi fi Voucher (1)

     

     

     

     

     

     

     

     

     

    • Qantas
      $100 Gift Voucher (Myer, David Jones, JB Hi-Fi): 16,920 Qantas Points
    • Velocity
      $100 Gift Voucher (Myer, David Jones, Target, Westfield): 18,000 Velocity Points

    Hotels

    Hotels
    5 star hotel qantas rewards

    Qantas
    $250 credit (Sofitel, Ibis Hotel, Novotel, Pullman, Accor, Mercure): 41,000 Qantas Points
    Velocity
    $250 credit (Crown Hotels, Hilton): 36,000-41,000 Velocity Points

    The amount of points you need for a reward varies depending on the frequent flyer program and the type of reward you choose. There are two main categories for rewards: 1) Airport/ flight benefits and 2) retail/ lifestyle rewards.

    • Airport/ flight benefits. Points can be used for reward flights, flight upgrades, lounge benefits and other frequent flyer membership benefits. Flight rewards with the frequent flyer program's associated airline usually provide a higher point value when compared to other rewards. For example, a one-way flight from Sydney to Melbourne with Qantas costs 8,000 Qantas Points, while a $50 Myer gift card costs 8,810 points.
    • Retail/ lifestyle rewards. These rewards can benefit you at home or abroad. You can use points to book hotels, car rentals or other travel experiences, as well as more general retail and lifestyle benefits including gift cards, food and wine, jewellery and other merchandise.

    Your current stage in choosing a frequent flyer credit card

     How to choose a frequent flyer program

    There are many frequent flyer programs based all around the world. But you have handful of these programs to choose from if you're interested in getting an Australian credit card that earns frequent flyer points, including Qantas Frequent Flyer and Velocity Frequent Flyer. Here, you can compare frequent flyer programs based on credit card points earnings to help you choose a program that will suit your needs.

    Full guides to frequent flyer programs and benefits

    • Qantas Frequent Flyer. Qantas Frequent Flyer credit cards can earn between 0.25 and 1.5 Qantas Frequent Flyer points per $1. These points can be redeemed for flights with over 400 program partners and products from the Qantas Store.
    • Jetstar rewards. Jetstar is directly linked to Qantas, so you can actually redeem Qantas Frequent Flyer points for Jetstar flights. There are also two Jetstar credit cards that earn Jetstar Dollars you can use for flights with the airline. These cards also let you avoid the credit card booking fee when you use them purchase Jetstar airfares.
    • Velocity frequent flyer. Velocity frequent flyer credit cards typically earn between 0.5 and 1.5 points per $1 spent, with membership perks including express boarding, complimentary baggage, flight upgrades and lounge access. You can redeem rewards for flights with Virgin Australia and its partners, plus rewards from the Velocity store.
    • Tigerair. As it’s partnered with Virgin Airways, you can use your Velocity Frequent Flyer credit card to earn points that can be redeemed for rewards with either Virgin or Tigerair. Just log in to your Velocity Frequent Flyer account, select the “Redeem” option and choose “Tigerair Australian Redemption” in the flights section.
    • Emirates Skywards rewards. You can earn 1 mile per $1 up to 10,000 Skywards Miles with the Emirates Citi World credit card. Otherwise, you can earn Membership Rewards with an American Express credit card and redeem these for Emirates Skywards Miles, with 4 Membership Rewards = 3 Skywards Miles. You can redeem your miles for flight rewards and upgrades with Emirates and its partners.
    • Singapore Airlines KrisFlyer program. There aren’t any KrisFlyer direct earn credit cards on the Australian market, but you can trade American Express Membership Rewards, Citi Rewards and Westpac Altitude Rewards for KrisFlyer miles. You can redeem these for flights with Singapore Airlines, SilkAir or any members of the Star Alliance airline network.

    Qantas Frequent Flyer Credit Cards - How to choose the best credit card* for Qantas Frequent Flyer Points

    Choosing the best credit card* to earn Qantas Frequent Flyer points will depend on your spending habits, minimum income and the credit card features you are looking for. Frequent flyer credit cards often include additional perks, with airport lounge passes, complimentary travel insurance and bonus points offers. As a result, these cards can come with a much higher annual fee compared to other types of credit cards, so it’s important to compare and read the terms and conditions – especially if there is a $0 annual fee offer included.

    Some of the benefits you can expect from a Qantas frequent flyer credit card include:

    • Bonus points. Get a boost to your Qantas Points balance with a bonus points offer. Varying from 10,000 to 75,000 Qantas Points, these offers usually require you to spend a specific amount of money during the first few months you have the card in order to receive the points.
    • Qantas Points per $1 spent. Use your card to earn more Qantas Points for your everyday purchases. You can earn 0.5, 0.75, 1, or 1.5 Qantas Points per $1 spent depending on which bank and credit card you apply for. Higher-tier cards including gold, platinum and black accounts offer more points per $1 spent.
    • Additional perks. Qantas Frequent Flyer credit cards often provide additional benefits with airport lounge passes, complimentary travel insurance and 24/7 concierge services to make your travels easier.

    Velocity Frequent Flyer Credit Cards – How to choose the best credit card* for Velocity Frequent Flyer points

    The best credit card* to earn Velocity Frequent Flyer points varies depending on factors including your spending habits, income and the other features you want on a credit card. It’s also important to consider the costs of the card, such as annual fees and interest rates, and any specific requirements associated with complimentary extras. Reading the credit card terms and conditions will help you understand the ongoing responsibilities and charges so that you can choose a card that is convenient and affordable for you.

    Some of the benefits you can get with a Velocity Frequent Flyer credit card include:

    • Introductory bonus points. Some Velocity Frequent Flyer credit cards offer bonus points for new customers that can boost your account balance. Usually these promotions require you to spend a certain amount in the first few months you have the credit card. Providing you meet the conditions of the offer, you could get anywhere from 5,000 to 50,000 Velocity Frequent Flyer points in one go.
    • Velocity points for everyday spending. A Velocity Frequent Flyer credit card will offer you a set number of points for every $1 spent on eligible purchases. You could get between 0.5 and 1.5 points per $1 depending on the card, with more premium cards offering greater earn rates.
    • Complimentary extras. The perks you can get with a Velocity credit card include travel insurance, flight gift vouchers and airport lounge passes. These benefits can add value to the card, but only if you use them.

    Jetstar – How to choose the best credit card* for Jetstar flights

    As the low-cost carrier owned by Qantas Airways, Jetstar doesn’t really have its own frequent flyer program. But it does offer the following credit cards that earn Jetstar Dollars you can cash in for flights:

    • The Jetstar MasterCard. This credit card earns 1 Jetstar Dollar per $100 spent and automatically rewards you with a $100 Jetstar Travel Voucher when you have earned 100 Jetstar Dollars. It has a standard variable purchase rate of 14.99% p.a. and a standard annual fee of $69, making it a low-cost frequent flyer credit card option. You can also choose to earn Qantas Points on this card, at a rate of 0.5 points per $1.
    • The Jetstar Platinum MasterCard. This credit card earns 1 Jetstar Dollar for every $50 spent on eligible purchases, or 1 Qantas Point per $1 if you opt to earn rewards as part of the Qantas Frequent Flyer program. If you choose Jetstar Dollars, you will automatically get a $200 Jetstar Travel Voucher when you earn 200 Jetstar Dollars. The Jetstar Platinum MasterCard has a standard variable purchase rate of 19.99% p.a., an annual fee of $169 and complimentary extras including overseas travel insurance.

    Emirates Skywards – How to choose the best credit card* for Emirates Skywards Miles

    If you want to find the best credit card* to earn Emirates Skywards Miles, you’ll need to consider your spending habits, income and the credit card features you’re interested in. It’s also important to consider the interest rates and annual fees of credit cards that offer Emirates Skywards Miles, so that you can make sure the benefits outweigh these charges.

    The Emirates Citi World MasterCard is the only credit card currently available that directly earns Skywards Miles per $1 spent. As well as this card, you can consider cards that allow you to transfer points to your Emirates Skywards account, such as those linked to the American Express Membership Rewards program.

    Some of the benefits you can get with an Emirates Skywards credit card include:

    • Introductory offers. Rewards credit cards linked to the Emirates frequent flyer program may offer exclusive benefits to new customers, including thousands of bonus points or a discount on Emirates flights. To get these offers, you usually need to be a new customer and spend a certain amount of money on the card in the first few months you have it.
    • Points per $1 spent. You can earn between 0.5 and 1.5 Skywards Miles per $1 spent on a credit card linked to the Emirates frequent flyer program. Some of these cards limit or cap the number of points you can earn, so make sure you check these details and factor that into your decision when choosing a card.
    • Travel perks. The complimentary benefits you can get with an Emirates credit card include international travel insurance, hotel room upgrades, dining programs and 24/7 concierge services.

    Frequent Flyer alliances

    Frequent flyer programs have networks of partner and alliance airlines that let you earn and redeem points all around the world. We've included three of the most popular alliances below.

    oneworld alliance

    A network of 15 of the largest airlines in the world, including Qantas, British Airways, American Airlines, AirBerlin and Cathay Pacific. Any Qantas Frequent Flyer credit card will give you access to the oneworld alliance network, which means you can earn and spend your points with a broader range of airlines.

    Star Alliance

    This is the world’s largest airline association, with 28 different members including Singapore Airlines, Air Canada, Air China, Air New Zealand, Lufthansa, SWISS, THAI and United. You can gain access to the Star Alliance network by becoming a member of one of these airline loyalty programs, and can boost your points with an indirect earning frequent flyer credit card.

    Virgin Australia airline network

    While Virgin Australia is not a member of either of these networks, you can directly redeem Velocity reward points with it’s following network of partners: Delta Air Lines, Etihad Airways, Singapore Airlines, SilkAir and selected codeshare flights operated by Virgin America. Just select the “Book a Flight” option when redeeming, and choose where you want to go.

    These alliances and partnerships give you more options for redeeming flights and flight upgrades. So even if you choose a frequent flyer credit card that's linked to one airline program, you may be able to use your points for flights with another airline through these partnerships.

    Credit cards have become one of the most popular ways to earn frequent flyer points, with both direct and indirect methods for boosting your point balance. Now that you know more about how they work, the potential benefits and pitfalls and what you should consider when comparing frequent flyer credit cards, you can make a more informed decision about the next credit card you apply for so that it really works for you.

    Your current stage in choosing a frequent flyer credit card

    Since frequent flyer credit cards provide many benefits and features, choosing one can be a challenging task. We've compiled the most popular questions from our users about frequent flyer credit cards and earning/ redeeming points. If you still have a question please use the "Ask a Question" box below and one of our friendly staff will respond to your query.

    Frequent flyer credit card questions from our users

    How do I get complimentary access to lounges?

    A selection of premium cards offer access to airport lounges. You can compare and apply for credit cards that provide complimentary lounge access here.

    How many points do I need to fly from A to B?

    The number of points you'll need will depend on the route you take and the status of your flight seat (e.g. economy, business, first class). Most frequent flyer program websites provide a free points calculator that can be used to estimate how much a reward flight will cost to redeem.

    Can I transfer my points to another program?

    This will depend on the program you're with. Generally, this is a no for frequent flyer programs. However, even if you can't directly transfer your points to another program, you can redeem your points with a partner airline for flights, upgrades and other rewards.

    What happens if my points expire?

    As a general rule, most frequent flyer points cannot be redeemed after they have been expired. Some will expire after a certain amount of time, whereas others will expire if your rewards account has remained inactive (meaning you haven't earned or redeemed any points) over a particular period. Check with the frequent flyer program to confirm when and how your points expire so you can use them while they're still valid.

    How many frequent flyer points do I have?

    To check your current points balance, you can either log in to your frequent flyer account or contact the airline directly.

    Are frequent flyer credit cards worth it?

    Frequent flyer credit cards are only worth it for a particular type of credit card holder. Unless you’re a big spender, loyal frequent flyer and a high income earner, they’re probably not worth it. Frequent flyer credit cards generally come with high interest rates on purchases and annual fees. But the points earned per $1 spent and any bonus point offers can still tempt cardholders to spend more to earn points. This causes some people to fall into debt.

    So unless you earn enough points to offset these costs (which is usually a struggle) and you always repay your balance in full each month, a frequent flyer credit card probably isn’t for you. Before you apply for a frequent flyer credit card, compare your options and make sure you can afford it by weighing up all the benefits and costs.

    What traps come with a frequent flyer credit card?

    We all know what the perks of a frequent flyer credit card are, but there are some traps and mistakes you need to watch out for. These include:

    • High interest rates. Frequent flyer credit cards usually have high interest rates to counteract the cost of offering a rewards program. So if you struggle to repay your balance each month, your purchases will attract higher interest charges and it’ll be easier to fall into debt. The additional interest costs and the negative impact that accumulating debt has on your credit file aren't worth it to earn points.
    • High annual fees. As well as high interest rates, frequent flyer credit cards typically come with high annual fees. So to benefit from the card, you’ll need to spend enough points to redeem a reward that outweighs the cost of the annual fee. This can be an expensive task and the interest you could pick up from those purchases will also add to the overall costs of the card.
    • Temptation to spend. If you struggle to keep your spending in control, don’t use a frequent flyer credit card. They entice you to make purchases to earn points. Unless you’re repaying your balance in full each month, the value of the rewards rarely outweighs the interest charges that are applied to your balance.
    • Bonus points terms and conditions. Bonus points can help boost your point balance, but they often come with spend requirements. For example, you might be required to spend $2,500 in the first 3 months of getting the card to be eligible for the extra points. It’s unlikely that the monetary value of the reward points will be worth more than this spend requirement. So, unless the necessary spend is in line with your budget and you repay it all without incurring interest, the inconvenience of spending to earn bonus points is probably not worth it.
    • Poor exchange rates. If you have a credit card that allows you to transfer your reward points to several frequent flyer programs, check the transfer rate to see how much value you'll get. Usually, the exchange rate gives you less frequent flyer points in comparison to credit card reward points. For example, you might find that 1.5 or 2 credit card reward points equals 1 frequent flyer point. This means that you need to spend more to redeem the same amount of frequent flyer points you could earn on a flight or with a card that has a 1 for 1 exchange rate.

    The most popular questions about earning frequent flyer points

    How can I maximise my frequent flyer credit card points?

    While the amount of frequent flyer points you earn varies between credit cards, there are a number of ways you can maximise your rewards, including:

    • Earning points on everyday purchases. This type of credit card lets you earn points on day-to-day purchases including groceries, refilling the car and direct debit for bills. The more you use your card for these purchases, the faster you'll get frequent flyer points.
    • Bonus point offers. Many reward credit cards offer thousands of bonus points to new customers when they are approved for a card and spend a certain amount in the first few months. These additional points are often worth hundreds of dollars, and may even be enough to fly overseas.
    • Spending with program partners. Some credit cards partner with airlines, retailers, fuel providers or supermarkets to offer additional points when you use your card with them. Check the credit card issuer’s website for details of participating partners, and try to shop with them more to boost your rewards.
    • American Express dual credit cards. To maximise points potential, some credit card issuers offer reward cards with both an Amex and MasterCard or Visa. For example, the ANZ Frequent Flyer credit card, which earns 0.5 points per $1 on the Visa and 1 point per $1 on the Amex card.
    • Supplementary credit cards. Requesting an additional credit card means you can share your account with a partner or family member, giving them a chance to use it for their spending and boost your points balance.
    • Gold, platinum and black cards. Gold, platinum and black credit cards are more premium than standard options, and many offer more points per dollar and/or higher points caps as a result.

    How do points caps work?

    Earning frequent flyer/ rewards points will be capped or uncapped depending on the credit card. Capped points allow you to earn points at the normal rate up to a specified amount during a given period, such as 7,500 points per statement cycle. After you have reached the points cap you will either earn points at a reduced rate for the remainder of the period or be unable to accumulate points for the remainder of the period.

    Check your credit card terms and conditions for details of points caps and consider how likely it is that you will reach that limit. For example, if you got a card that earned 1 point per $1 up to 7,500 points per month, you would only be affected by the cap if you spend over $7,500 each month.

    How do bonus points offers work?

    The details of bonus point offers available on frequent flyer credit cards vary depending on the specific promotion. But some of the most common requirements include:

    • New customers. Most bonus point offers apply to people who don't have existing credit cards with the provider. Some providers also specify that you must not have had an active account with them in the past 12 months to be classified as a "new customer" that's eligible for bonus point offers.
    • Promotional period. You usually have to apply for the card within a set timeframe in order to be eligible for bonus points.
    • Spending requirement. If you're approved for a card with a bonus point offer, you may be required to spend a certain amount on the card within a given period of time. For example, $2,500 of purchases within 3 months of card approval.

    If you meet these conditions, you're usually able to take advantage of a point bonus and boost your frequent flyer balance.

    Can I cancel my credit card after receiving a bonus points offer?

    In most cases, you can cancel the credit card with no additional fees or charges after receiving your bonus points. However, you may be charged the annual fee, or a percentage of that fee based on how long the account has been active. If your credit card has $0 annual fee for the first year and you cancel within the first 12 months, you may be able to avoid this. Check with your provider to find out if fees will apply.

    Can I earn points for balance transfers and cash advances?

    Usually points are only earned by making eligible purchases, and not for balance transfers or cash advances. If you want points for a balance transfer, you can consider a limited number of credit cards that provide this option.

    Can I earn points across different frequent flyer programs?

    This is possible with a credit card reward program that allows you to transfer reward points to frequent flyer points, including American Express Membership Rewards, ANZ Rewards, CommBank Awards, NAB Rewards, Amplify Rewards or Westpac Altitude Rewards. Make sure you check the transfer rate for these cards though, as you may "lose" points when exchanging them to different frequent flyer programs.

    Alternatively, if you have a direct earn frequent flyer card, the associated airline partners and alliances let you use your points to travel with other airline partners. Learn more about airline partners and alliances.

    How can I claim missing points?

    Did you forget to quote your frequent flyer number at the time of booking or have your points not appeared in your account? Discover how you can claim missing points.

    The most popular questions about redeeming frequent flyer points

    How do I redeem points?

    While credit card and airline reward programs all have their own specific steps for redeeming or transferring points, the following steps can be used as a guide for most of online reward point redemptions:

    1. Log in to your reward account
    2. Check your point balance to see how many points you have to use
    3. Select the “Redeem” option
    4. Choose the type of redemption you want to make (e.g. “flights”)
    5. Select the specific option you want (e.g. single flight from Sydney to Melbourne)
    6. Follow the prompts to book or secure the reward
    7. Confirm the redemption

    Some frequent flyer credit cards also give you a “points plus pay” option, which means you can use a combination of points and cash to redeem your reward.

    How much are my points worth?

    The value of your credit card or frequent flyer points varies based on the types of rewards you redeem. Usually, frequent flyer points go further when redeemed for airline rewards such as flights or upgrades, when compared to gift cards other rewards.

    For example, it costs 11,100 Velocity points for a one-way economy flight from Sydney to Melbourne with Virgin Australia. Purchasing this ticket could cost anywhere from $100 to $200 depending on the time of year, but let's say for this example you could get it for $120. That would give you a dollar value of 1 cent per point. If you're a Qantas Frequent Flyer member, on the other hand, you can check out our guide to discover how much 1 Qantas Point is worth.

    What rewards can I redeem?

    Credit card and frequent flyer reward programs offer a wide range of rewards that you can claim using your points, including:

    • Airfares
    • Flight upgrades
    • Accommodation
    • Travel packages
    • Gift cards
    • Jewellery
    • Electronics
    • Homewares
    • Cashback

    The amount of points required varies between redemptions, and not all of them are equal. For example, you need 11,100 points (or 7,800 plus $21.11 in taxes and fees) to redeem a one-way flight from Sydney to Melbourne via Virgin Australia’s Velocity Rewards, and 18,000 points to get a $100 gift card for Westfield.

    The different amounts of points required for each redemption has a direct impact on the value of your rewards, so comparing these costs before you use points will help you get more out of them in the long run.

    How come the value of frequent flyer points is different across reward programs?

    If you are transferring credit card rewards points to a frequent flyer program, the conversion rate may not be 1:1. Often a reduced conversion rate is provided since you have the flexibility of earning both rewards and frequent flyer benefits.

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    129 Responses to Frequent Flyer Credit Cards

    1. Default Gravatar
      MyViaCe | November 28, 2016

      Hi, i heard westpac offers 100.000 bonus points for balance transfer than can be used towards qantas frequent flyer. Is that right?

      • Staff
        Anndy | November 28, 2016

        Hi MyViaCe,

        Thanks for your question.

        Unfortunately, you can’t transfer your Westpac Altitude Rewards to Qantas frequent flyer program, but you can to Air New Zealand Airpoints, Cathay Pacific Asia Miles, Malaysia Airlines Enrich, Singapore Airlines KrisFlyer and Virgin Australia Velocity.

        You can check the points conversion rate here.

        Cheers,
        Anndy

    2. Default Gravatar
      Andrea | July 19, 2016

      HI
      I want to get a credit card to pay all bills and outgoings but want one with all the benefits.
      Can you tell me if you earn points when paying utility, rates etc bills? or is just on purchases of products that qualify?

      • Staff
        Anndy | July 19, 2016

        Hi Andrea,

        Thanks for your question.

        If you are looking for a credit card that lets you earn Frequent Flyer rewards or points when you pay bills, you can check this page for credit card providers that allow that. Once you have selected a provider, you can then proceed to choosing a credit card they offer that has the features or benefits you are looking for.

        You may also want to check our guide on how to earn frequent flyer points on utilities.

        Cheers,
        Anndy

    3. Default Gravatar
      Roy | May 24, 2016

      Hi,

      For ANZ Frequent Flyer Credit Card – car insurance included local as well or only for use in overseas?

      Thanks.

      • Staff
        May | May 25, 2016

        Hi Roy,

        Thanks for your question.

        Unfortunately, with ANZ Frequent Flyer Credit Card, the complimentary travel insurance is not one of its benefits. But ANZ premium cards do have complimentary travel insurance and it includes rental vehicle excess cover which is for overseas trips only. Please refer to this page that details the ANZ complimentary travel insurance.

        Hope this helps.

        Cheers,
        May

    4. Default Gravatar
      Tom | February 1, 2016

      Hi Finder,

      I am looking for a credit card that gives me complimentary travel insurance. However the ones I have looked in to do not cover me for places where the govt has advised to ‘reconsider your need for travel’. I want to travel to places like Ethiopia but it falls under that category so I wouldn’t be covered. Do you know any credit cards that offer really good quality travel insurance that would cover me for places like that?

      Thanks so much for your help!
      Tom

      • Staff
        Debbie | February 2, 2016

        Hi Tom,

        Thanks for your inquiry.
        Please note that you’ve come through finder.com.au, an online comparison service and is not in the position to recommend specific providers, products or services.

        You may refer to our comparison page for credit cards that offer free travel insurance.

        If you are after for a more comprehensive travel insurance, you can review standalone policies from Australian Travel Insurance Companies from this page.

        I hope this helps.

        Cheers,
        Debbie

      • Default Gravatar
        Tom | February 2, 2016

        Hi Debbie,

        Thanks for your help! I will check out those links now.

        Cheers
        Tom

      • Staff
        Debbie | February 2, 2016

        No worries Tom. Just let us know we can assist you further. Thanks!

    5. Default Gravatar
      | December 13, 2015

      hi guys
      just wanted to ask
      how i could get a Frequent flyer Velocity Promo Code
      thank you v much
      Cheers,

      • Staff
        Debbie | December 15, 2015

        Hi Chandy,
        Thank you for your inquiry.
        Please note that you’ve come through finder.com.au, an online comparison service and is not in the position to recommend specific providers, products or services.

        Please refer to link I’ve sent in your email for the list of special offers from Velocity. You can also check this page for a list of latest Velocity promo codes from Virgin Australia.
        I hope this helps.

        Cheers,
        Debbie

    6. Default Gravatar
      brian | October 20, 2015

      how often do I pay ,is it annually or monthly
      if monthly I will cancel,please advice before I make my next payment on my a/e account

      • Staff
        Jonathan | October 21, 2015

        Hi Brian, thanks for your inquiry!

        Generally credit card repayments are monthly. To allow us to assist you further could you specify which credit card you are using?

        Cheers,

        Jonathan

    7. Default Gravatar
      Robyn | August 27, 2015

      Is there a FF CC that can be used with any airline?
      thanks
      Robyn

      • Staff
        Jonathan | August 27, 2015

        Hi Robyn, thanks for your inquiry!

        Most credit cards have a partnership with one or a few airlines/ frequent flyer programs. You may like to review the Oneworld Alliance program which combines the benefits of multiple airlines.

        Cheers,

        Jonathan

    8. Default Gravatar
      Mick | August 18, 2015

      Hello
      I have just received my Velocity Frequent Flyer Prepaid Card. I went to the Velocity Global Wallet to activate my card, but I’m lost as to the next step.
      Please advise.
      Thanks
      Mick.

      • Staff
        Jonathan | August 19, 2015

        Hi Mick,

        Thanks for your inquiry.
        To activate your Velocity Global Wallet, you will need to log into the Global Wallet Account Centre online and enter your 16-digits Velocity membership number and account password.
        Please refer to the link I have sent to your email for the Velocity Account Centre activation page.
        You might also want to check this page for further information about the Velocity Global Wallet.

        I hope this has helped.

        Cheers,

        Jonathan

    9. Default Gravatar
      Sarah | August 17, 2015

      Hi

      Can you advise when the St George 55,000 bonus points ended? I saw this before I applied in July?

      Thanks
      Sarah

      • Staff
        Jonathan | August 17, 2015

        Hi Sarah, thanks for your question!

        Unfortunately St.George does not currently have any rewards points promotions with the last offer ending approximately in April. You may like to refer to more Reward’s credit cards on this page.

        Cheers,

        Jonathan

    10. Default Gravatar
      Debbie | August 11, 2015

      When you earn Qantas flyer points, can these be used for Jetstar flights

      • Staff
        Jonathan | August 11, 2015

        Hi Debbie, thanks for your inquiry!

        Qantas points can be used to book both Qantas and Jetstar flights. You may like to compare Qantas Frequent Flyer cards on this page.

        Cheers,

        Jonathan

    Credit Cards Comparison

    Rates last updated February 21st, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Earn 2 Velocity Points per $1 spent and save with a reduced annual fee and a 0% p.a. balance transfer offer for 18 months.
    20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    HSBC Platinum Qantas Credit Card
    Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
    19.99% p.a. $199 p.a. Go to site More info
    NAB Low Rate Credit Card
    The NAB Low Rate Card offers 0% p.a. on balance transfers for 18 months. This card also comes with a low annual fee.
    13.99% p.a. 0% p.a. for 18 months with a one off 3% balance transfer fee $59 p.a. Go to site More info

    * 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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