Earn points for your everyday spending so you can enjoy flights, upgrades and other rewards faster with a frequent flyer credit card.
Use this guide to compare frequent flyer credit cards and learn more about them, including how these cards work, tips for earning and using points, features to compare when you're looking at frequent flyer credit cards and insights to help you choose the right card for you.
Receive 75,000 bonus points
Pay a discounted annual fee of $149 for the first year
Offer ends 31 January 2018
Eligibility criteria, terms and conditions, fees and charges apply
Qantas Money Credit Card Offer
Earn 75,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, enjoy 0% p.a. for 15 months on balance transfers.
- $149 p.a. annual fee for the first year ($299 p.a. thereafter).
- 19.99% p.a. on purchases
- Cash advance rate of 21.99% p.a.
- Up to 55 days interest free
- Minimum income requirement of $35,000 p.a.
Compare Frequent Flyer Credit Cards
Best* frequent flyer credit cards
The best credit for you will depend on a variety of factors. 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 personal financial circumstances when comparing products. Products are displayed in no particular order or ranking.
- Qantas Premier Platinum - Get bonus points and complimentary Qantas Club lounge invitations.
- HSBC Platinum Qantas Credit Card - A points earning credit card with complimentary international travel insurance.
- Citi Platinum Credit Card - 100k Bonus Points - A frequent flyer credit card with a balance transfer option.
- ANZ Frequent Flyer Black - A high-flyer card with a wide range of complimentary extras
How does a frequent flyer credit card work?
Frequent flyer credit cards earn you 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), which is 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 rewards 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 variety of eligible frequent flyer account.
Is a frequent flyer credit card right for me?
If you're interested in getting a frequent flyer credit card, weigh up these pros and cons. Please keep in mind that these factors may vary depending on the card.
Benefits of 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.
- 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.
- Large range of rewards.
Use your points to redeem rewards including flights, hotels, online shopping and other lifestyle benefits.
- Travel perks.
Travel comfortably with flight vouchers, access to airline lounges and 24/7 concierge services.
- 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.
Risks 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.
- 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.
- Airline restriction.
Tied to the temptation to spend, frequent flyer rewards points are only available to be used with a specific airline or alliance of airlines. While you may find a better or cheaper flight with another airline, you could be incentivised to fly with your loyalty airline to accumulate the additional points that often come with this.
- Offer requirements.
Frequent flyer credit cards that come with introductory offers or complimentary insurance may have specific spending requirements you need to meet to enjoy these benefits. For example, you may need to spend $1,500 in the first 3 month you have a card to get bonus points, or pay for your travel with your credit card to get travel insurance.
Types of Frequent Flyer credit cards on the market
How can I compare and find the best* frequent flyer credit card for my 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 factors you should consider when looking at credit cards that earn frequent flyer points.
- 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. If you don't belong to a program yet, think about which program you're more likely to travel with.
- Points earning rate. Check the standard rate of points you'll earn for each $1 spent on the card. 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. There are usually some transactions that won't earn points, such as cash advances, so make sure you check restrictions for the cards you're comparing.
- 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.
- Annual fee. Ideally, the annual fee should cost less than the rewards and any complimentary extras on the card that you intend to use.
- Promotional rates and features. Frequent flyer credit cards sometimes have promotions for new customers, such as bonus points, 0% purchase rates, balance 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).
- 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.
How to earn and redeem frequent flyer points with a credit card
Points are a key factor when choosing and using a frequent flyer credit card, and there are two main options to consider:
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.
- 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.
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.
- 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 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 to 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 Mastercard. 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 a credit card maximise earning Qantas Frequent Flyer points will depend on your spending habits, your 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
Choosing a 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.
- If you would like to earn and redeem frequent flyer points with Velocity, compare Velocity Frequent Flyer credit cards here.
- If you'd like to learn more about the benefits of the Velocity Frequent Flyer program, refer to our comprehensive guide to the benefits of Velocity Frequent Flyer.
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 1 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. p.a., an annual fee of $169 and complimentary extras including overseas travel insurance.
- If you want to earn and redeem points with Jetstar, compare Jetstar Frequent Flyer credit cards here.
- If you'd like to find out more about what Jetstar can offer you, read our guide on the benefits and features of the Jetstar Frequent Flyer Program.
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.
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.
Frequent flyer credit card questions from our users
Since frequent flyer credit cards provide many benefits and features, choosing one can be a challenging task. Here, we answer the most popular questions from our users about frequent flyer credit cards and how to earn/ redeem 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.