Frequent flyer credit cards

Get big bonus points offers, flights, upgrades, lounge access and more when you spend with a frequent flyer credit card.

St.George Credit Card Online Offer

St.George Amplify Signature - Qantas - Online Offer

Receive 90,000 bonus points
Pay a discounted annual fee of $179 for the first year

Offer ends 2 October 2018

Eligibility criteria, terms and conditions, fees and charges apply

St.George Credit Card Online Offer

The St.George Amplify Signature credit card offers a discounted first year annual fee when you apply online. Plus, earn 90,000 bonus Qantas Points when you meet the spend requirement.

  • $179 p.a. annual fee for the first year ($279 p.a. thereafter).
  • 19.49% p.a. on purchases
  • Cash advance rate of 20.24% p.a.
  • Up to 55 days interest free
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Compare Frequent Flyer Credit Cards

Rates last updated August 22nd, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
St.George Amplify Signature - Qantas - Online Offer
90,000 bonus points
Qantas Frequent Flyer
0.75
19.49% p.a.
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Offers 90,000 bonus Qantas Points when you spend $4,000 within 90 days, two yearly Qantas Club lounge passes and a reduced first year annual fee.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 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 60,000 bonus Velocity Points in the first 3 months and enjoy a discounted annual fee of $64 for the first year.
Westpac Altitude Platinum Card - Qantas
60,000 bonus points
Qantas Frequent Flyer
0.5
20.24% p.a.
$50 p.a. annual fee for the first year ($200 p.a. thereafter)
Earn 60,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, a $50 first year annual fee.
HSBC Platinum Qantas Credit Card
60,000 bonus points
Qantas Frequent Flyer
1
19.99% p.a.
$199 p.a.
Receive 60,000 bonus Qantas Points when you spend $3,000 within 3 months of card approval, plus enjoy complimentary travel insurance.
American Express Westpac Altitude Platinum Bundle
75,000 bonus points
Westpac Altitude Rewards
2
1
20.24% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
$0 first year annual fee & up to 75,000 bonus Altitude Pts when you meet T&C with this Visa (issued by Westpac) & Amex (issued & serviced by Amex).
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Velocity Frequent Flyer
0.66
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Buy now and pay later with 0% p.a. interest on purchases for 14 months. Plus, 0% p.a. on balance transfers for up to 6 months.
Qantas American Express Discovery Card
Qantas Frequent Flyer
1
20.74% p.a.
$0 p.a.
Earn uncapped Qantas Points on purchases, pay $0 annual fee for life and take advantage of a 0% p.a. for 12 months balance transfer offer.
Citi Platinum Credit Card - 100k Bonus Points
100,000 bonus points
Citi Rewards Program
1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.
American Express Westpac Altitude Black Bundle - Qantas
120,000 bonus points
Qantas Frequent Flyer
1.25
0.75
20.24% p.a.
$300 p.a. annual fee for the first year ($499 p.a. thereafter)
Score up to 120,000 bonus Qantas Points when you meet the T&C with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex).
American Express Velocity Escape Card
Velocity Frequent Flyer
1
20.74% p.a.
$0 p.a.
Earn uncapped Velocity Points on purchases, pay $0 annual fee for life and take advantage of a 0% p.a. for 12 months balance transfer offer.
Citi Rewards Platinum Credit Card
Citi Rewards Program
1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 26 month balance transfer offer, plus complimentary international travel insurance.
St.George Amplify Platinum
50,000 bonus points
Amplify Rewards / Qantas Frequent Flyer
0.5
19.49% p.a.
$99 p.a.
Receive 50,000 bonus Amplify or Qantas Points when you spend $2,000 within 90 days and earn 0.5 Qantas Points or 1 Amplify Point per $1 spent.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Take advantage of 0% p.a. on balance transfers for up to 18 months. $64 in the first year ($129 p.a. thereafter), plus, bonus Velocity Points.
American Express Westpac Altitude Platinum Bundle - Qantas
75,000 bonus points
Qantas Frequent Flyer
1
0.5
20.24% p.a.
$50 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 Visa (issued & serviced by Westpac) & Amex (issued & serviced by Amex).
Bank of Melbourne Amplify Platinum
50,000 bonus points
Amplify Rewards / Qantas Frequent Flyer
0.5
19.49% p.a.
$99 p.a.
Earn 50,000 bonus Amplify or Qantas Points when you spend $2,000 within 90 days and earn 0.5 Qantas Points or 1 Amplify Point per $1 spent.
American Express Explorer Credit Card
50,000 bonus points
Membership Rewards Gateway
2
20.74% p.a.
$395 p.a.
Receive 50,000 bonus Membership Rewards points, a yearly $400 Travel Credit and 2 entries per year to the American Express Lounge.
Westpac Altitude Black - Qantas
80,000 bonus points
Qantas Frequent Flyer
0.75
20.24% p.a.
$250 p.a.
Earn 80,000 bonus Qantas Points when you spend $3,000 on eligible purchases. Plus, 2 yearly Qantas Club lounge invitations.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
1.5
20.74% p.a.
$450 p.a.
Receive 55,000 bonus Qantas Points, a $450 Qantas Travel Credit each year and 2 yearly complimentary Qantas Club lounge invitations.
NAB Qantas Rewards Signature Card
90,000 bonus points
Qantas Frequent Flyer
1
19.99% p.a.
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Earn Qantas Points on your everyday spending, take advantage of complimentary overseas travel insurance and a 24/7 concierge service.

Compare up to 4 providers

If you want to find the most rewarding card to earn points for every $1 you spend, you can use this guide to compare frequent flyer credit cards based on bonus points offers, rewards programs, points per dollar and the costs that apply. You can also find out if frequent flyer credit cards are worth it, discover the traps you should look out for and get answers to the most frequently asked questions about earning points with your credit card.

Best frequent flyer credit cards* – trending now

Compare these frequent flyer credit cards in Australia to decide if one is right for you:

How do frequent flyer credit cards work?

You can use a frequent flyer credit card to earn points on everyday, eligible purchases. These cards are linked to an airline loyalty program (such as Qantas Frequent Flyer or Velocity Frequent Flyer) and offer a set number of points per $1 you spend (such as one point per $1 spent). Many cards also come with thousands of introductory bonus points, which can give your rewards balance a quick boost.

With a frequent flyer credit card, you’ll earn points on most everyday purchases, although transactions that aren’t eligible for points usually include cash advances, balance transfers and BPAY payments. Once you’ve earned enough points, you can redeem your points for flights, flight upgrades, accommodation and more.

Video: How to get bonus points

 

Types of frequent flyer credit cards

Are frequent flyer credit cards worth it?

A frequent flyer credit card can be a great way to reward your spending with points, but they usually come at the cost of high annual fees and interest rates. Before you apply, you can decide if a card is worth it based on the bonus points offer, how many points you’ll earn per $1 as well as extra features (such as airline lounge passes or travel credits) compared to the annual fees. The value of these rewards and extra perks should exceed the cost.

Let’s look at the American Express Qantas Ultimate card as an example. This card currently offers 55,000 bonus Qantas Points when cardholders spend $3,000 in the first three months. You’ll also get a $450 travel credit which offsets the $450 annual fee. You can can use the travel credit to book eligible Qantas flights through the American Express Travel website.

The card also offers 1.5 points per $1 on eligible Australian purchases. You can also travel in style with two entries to the American Express Lounges at Sydney or Melbourne airport and two complimentary Qantas Club lounge invitations each year.

This is an example where the extra perks like the travel credit and airline lounge passes outweigh the annual fee and the earn rates can reward your spending. However, as this card comes with a high purchase interest rate, it would only be worth it if you were paying off your balance in full each month and paying no interest.

What are my frequent flyer points worth?

The dollar value of your frequent flyer points will vary depending on what you redeem your points for, but here’s an illustration to show how far your points can take you.

Let’s look at where you could travel with a credit card with 100,000 bonus points. For example, it would cost 90,000 Qantas Points or 89,600 Velocity Points to fly return in economy from Melbourne to Los Angeles. Neither of these examples account for the extra taxes and fees but let’s look at how much these flights would usually cost in cash.

The cost of a flight will vary depending on the time and date of the booking, but economy return Qantas flights from Melbourne to Los Angeles can start at $1,099 at the time of writing. This means that one Qantas Point is roughly worth 0.81 cents if you use them to redeem this flight. You can find return economy Virgin Australia flights from Melbourne to Los Angeles for around the same price, so you can expect roughly the same value of points for this reward flight.

To get the most value from your frequent flyer points, compare a few options and redeem the one that offers the highest dollar value for your points.

What’s the catch with a frequent flyer credit card?

Frequent flyer credit cards have their perks, but these are the traps you should watch out for:

  • High annual fee. Most frequent flyer credit cards come with a hefty annual fee that can range between $50 and $450. You need to make sure that the yearly value of the reward and extra perks of the card can outbalance these fees. There are $0 annual fee frequent flyer cards on the market, but these usually come with less competitive rewards offers and extra features.
  • Promotional offers/spend requirements. You usually need to spend a specific amount in a set period (such as $4,000 in the first 90 days) to take advantage of bonus points offers. Before you’re enticed by the idea of thousands of bonus points, make sure that these spend requirements aligns with your budget and that you can still afford to pay it off in full.
  • Higher interest rates. Frequent flyer credit cards usually have high purchase interest rates between 19% and 22%, so these cards are best suited to cardholders who can pay off their balance in full each month. Otherwise, the interest you’ll collect could easily outweigh the value of the rewards.
  • Temptation to spend. If you do struggle to stick to a budget and pay your balance in full each month, the promise of frequent flyer points could tempt you to overspend. If this is the case, you might want to consider a low interest rate credit card instead.

How can I compare and find the best frequent flyer credit card for me?

You should ask yourself the following questions before deciding which frequent flyer credit card is right for you:

  • Which frequent flyer program do I belong to?

In Australia, most frequent flyer credit cards are linked to either the Qantas or Virgin Australia Velocity Frequent Flyer programs. However, if you belong to other frequent flyer programs (such as Singapore Airlines KrisFlyer, Air New Zealand Airpoints, Emirates Skywards or Etihad Guest), you could also consider a rewards credit card that allows you to transfer your credit card reward points to a number of partnered frequent flyer programs.

What if I'm a member of several frequent flyer programs?

If you belong to more than one frequent flyer program, you could also consider a rewards card that’s linked with a bank loyalty program. These cards offer you points that you can transfer to partnered frequent flyer programs. For example, if you have an American Express card, you can exchange your Membership Rewards for points with Singapore Airlines KrisFlyer, Etihad Guest or Velocity. However, when you convert the points to frequent flyer points, you usually get a lower rate per $1 spent compared to what you'd earn with a frequent flyer credit card.

  • How many bonus points can I get?

Introductory bonus points offers generally vary between 20,000 and 100,000 points (or more!). You can also judge how much value you can get from the bonus points based on the reward you can redeem as well as the spend requirements to get it. For example, let’s say you have to spend $4,000 in 60 days to get 100,000 bonus Qantas Points. That boils down to roughly 25 Qantas Points per $1 spent. You can redeem 100,000 Qantas Points for a return economy or one way business class flight overseas, so that could help you justify the spend to get the points.

  • How many points can I earn for my spending?

Earn rate. As well as the bonus points offer, you should also compare how many points you can earn per $1 spent. These earn rates can be as low as 0.5 points per $1, but 1 point per $1 (or higher) is considered competitive.

Points tiers and caps. Depending on the card, the number of points may vary depending on the purchase. For example, you may earn 0.75 points per $1 spent in Australia, 1 point per $1 spent on foreign transactions and an additional point when per $1 spent with a partnered airline. So if you regularly travel overseas or shop with international merchants, a card with a higher earn rate on foreign transactions could boost your rewards. Some cards also cap or reduce the number of points you can earn after you reach a spend threshold each statement period. For example, you may earn 1 point per $1 up to $10,000 per statement period and either a reduced earn rate or no more points until the next statement period. If the card does have a points cap, consider how much you spend each month and opt for a card with a higher or no points cap if you spend more than the threshold. Otherwise you’ll restrict your points potential.

  • How much is the annual fee?

Although some frequent flyer cards come with $0 annual fee for the first year or for life, others charge fees that can set you back tens or hundreds of dollars. You can justify paying an annual fee if the yearly value of the rewards you’re redeeming and extra features you’re taking advantage of (such as travel credits, complimentary flights and airline lounge passes) outweigh this fee.

  • What type of card is it?

In Australia, most frequent flyer credit cards are a Visa, Mastercard or American Express. While Visa and Mastercard are accepted more widely, you’ll usually find that Amex cards often offer better points earn rates.

  • Are there extra features?

Most frequent flyer credit cards come with extra features that can help you get more value from your card. These can range from complimentary flight vouchers, travel credits and airline lounge passes to complimentary travel insurance and concierge services. Make sure you compare the extra features and determine whether you would actually use them before you apply for the card.


Frequent flyer credit cards can reward you for every $1 you spend on plastic. Plus, the extra perks can help you offset some of the weighty annual fees. As there are a bunch of competitive frequent flyer credit cards on the market, get started by comparing your options now so you can find the most rewarding one for you.

Want to stay on top of the latest frequent flyer deals? Visit Points Finder for all of the latest news, offers and reviews.

Frequently asked questions

Questions about earning frequent flyer points

Questions about redeeming frequent flyer points

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Credit Card Offers

Important Information*
Citi Clear Platinum - Exclusive Offer

Interest rate

14.99

Annual fee

49*

*$99 p.a. after first year

Westpac Low Rate Card

Interest rate

13.49

Annual fee

0*

*$59 p.a. after first year

Westpac Altitude Platinum Card - Qantas

Interest rate

20.24

Annual fee

50*

*$200 p.a. after first year

ANZ Low Rate

Interest rate

12.49

Annual fee

58

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135 Responses

  1. Default Gravatar
    kateApril 8, 2018

    Can you please advise when the 100,000 bonus points awarded to those who open a Qantas American Express Ultimate Card are awarded? Are they applied as soon as the $3000 spend limit applies – perhaps after two months? – or only after the three months limit has passed?

    • finder Customer Care
      JeniApril 8, 2018Staff

      Hi Kate,

      Thank you for getting in touch with finder.

      Points are typically credited in 2 weeks, but can take up to 8 after the spend criteria is met.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

  2. Default Gravatar
    BethJanuary 24, 2018

    You forgot to mention the Qantas Cash Mastercard. The best!

    • finder Customer Care
      RenchJanuary 24, 2018Staff

      Hi Beth,

      Thanks for this info.

      Yes, Qantas Prepaid Frequent Flyer Card with Qantas Cash is also featured on our finder site. You may go to this page for more information.

      Best regards,
      Rench

  3. Default Gravatar
    June 30, 2017

    Can you please direct me towards cards that do not have a low cap. Already have an Amex but looking for a Visa card to gain maximum qantas points spending over $30000 a month.

    • finder Customer Care
      MayJune 30, 2017Staff

      Hi Jo,

      Thanks for reaching out.

      The credit cards with uncapped frequent flyer points are listed here. Please note though some of the cards do not directly earn frequent flyer points as you spend, their rewards points can be transferred to the frequent flyer program they are a partner with.

      Cheers,
      May

  4. Default Gravatar
    MyViaCeNovember 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?

    • finder Customer Care
      LouNovember 28, 2016Staff

      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

  5. Default Gravatar
    AndreaJuly 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?

    • finder Customer Care
      LouJuly 19, 2016Staff

      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

  6. Default Gravatar
    RoyMay 24, 2016

    Hi,

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

    Thanks.

    • finder Customer Care
      MayMay 25, 2016Staff

      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

  7. Default Gravatar
    TomFebruary 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

    • finder Customer Care
      DebbieFebruary 2, 2016Staff

      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
      TomFebruary 2, 2016

      Hi Debbie,

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

      Cheers
      Tom

    • finder Customer Care
      DebbieFebruary 2, 2016Staff

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

  8. 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,

    • finder Customer Care
      DebbieDecember 15, 2015Staff

      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

  9. Default Gravatar
    brianOctober 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

    • finder Customer Care
      JonathanOctober 21, 2015Staff

      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

  10. Default Gravatar
    RobynAugust 27, 2015

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

    • finder Customer Care
      JonathanAugust 27, 2015Staff

      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

Credit Cards Comparison

Rates last updated August 22nd, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Citi Clear Platinum - Exclusive Offer
14.99% p.a.
0% p.a. for 24 months with 1.5% balance transfer fee
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
finder Exclusive: Receive 0% p.a. for 24 months on balance transfers and a discounted annual fee in the first year. Plus, access to Citi World Privileges.
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
Westpac Altitude Platinum Card - Qantas
20.24% p.a.
$50 p.a. annual fee for the first year ($200 p.a. thereafter)
Earn 60,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, a $50 first year annual fee.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.

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* 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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