Sign-Up Bonus Credit Cards

Sign-up bonus credit cards provide attractive initiation offers featuring bonus points, complimentary flights, $0 annual fees, promotional interest rates and other perks.

On closer inspection, however, it is also apparent that the interest rates on additional purchases and card fees are higher compared to other credit cards. Some cards will waive card fees as a sign-up bonus for a specific period of time, but then may not offer as many rewards, while others offer a 0% interest for a specific period on balance transfers.

If you look at a special offer and consider all the factors, and feel that you can utilise the special bonus offers effectively while saving money or gain rewards that you will use, a sign-up bonus can be great. Do not, however, move without weighing up all the pros and cons as this could leave you paying more at the end of the day.

HSBC Platinum Qantas Credit Card

HSBC Credit Card Offer

Enjoy complimentary Qantas Frequent Flyer membership and receive 60,000 bonus Qantas Points when you meet the minimum spend criteria.

  • $199 p.a. annual fee
  • 19.99% p.a. on purchases
  • Cash Advance Rate of 21.99% p.a.
  • Up to 55 days interest free
  • Minimum Income Requirement of $40,000 p.a.

Compare credit cards with bonus points on sign-up

Rates last updated April 27th, 2017.

American Express Explorer Credit Card

Bonus points offer has been changed from 50,000 to 100,000 points and is valid until 15 May 2017.

March 28th, 2017

American Express Platinum Edge Credit Card

First year annual fee waiver, 0% balance transfer and 5,000 bonus points offers have been extended.

March 28th, 2017

American Express Platinum Business Card

150,000 bonus Membership Rewards points changed to 100,000 and is valid until 31 May 2017.

April 1st, 2017

View latest updates

Jonathan Choi Jonathan
Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Bonus Points Annual fee
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.
1 0 60,000 bonus points $199 p.a. Go to site More info
American Express Explorer Credit Card
Receive 100,000 Membership Rewards Bonus Points on eligible spend within the first 3 months of card membership. Also enjoy a $400 travel voucher and two complimentary airline passes per year.
2 100,000 bonus points $395 p.a. Go to site More info
American Express Platinum Edge Credit Card
Receive 5,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and pay no annual fee for the first year.
0 1 5,000 bonus points $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you apply online and meet the minimum spend requirement, plus earn up to 2 points for every $1 you spend, together with a $0 annual fee.
1 7,500 bonus points $0 p.a. Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Receive up to 30,000 bonus Velocity Points and earn 1 Velocity Points per $1 spent. Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
1 0 30,000 bonus points $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
ANZ Frequent Flyer Platinum
Receive 50,000 bonus Qantas Points when you spend $2,500 on eligible purchases for the first three months. Plus, earn additional points per $1 spent on purchases and enjoy a waived annual fee for the first year.
0.75 50,000 bonus points $0 p.a. annual fee for the first year ($295 p.a. thereafter) Go to site More info
ANZ Frequent Flyer
Receive 25,000 bonus Qantas Points when you apply online, are approved and spend $2,500 on eligible purchases within the first 3 months, earn up to 0.5 points for every dollar spent, plus enjoy a waived annual fee for the first year.
0.5 25,000 bonus points $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
ANZ Frequent Flyer Black
Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases within the first 3 months, plus earn up to 1 point for every dollar spent on eligible purchases. Also, earn 75 Bonus Status Credits when you apply by 30 June 2017, buy and fly return with Qantas by 30 September 2017.
1 75,000 bonus points $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
Citi Qantas Signature Credit Card
Earn 50,000 bonus Qantas Points when you spend $2,000 or more on eligible purchases in the first 90 days. Plus, enjoy an introductory interest rate on balance transfers with a discounted annual fee of $199 in the first year.
1 0 50,000 bonus points $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
Qantas American Express Premium Card
Earn 60,000 bonus Qantas Points when you apply as a new card member and meet the minimum spend requirement. Plus enjoy frequent flyer benefits including uncapped Qantas Points per $1 spent, complimentary travel insurance and Qantas Club lounge invitations.
1.25 60,000 bonus points $249 p.a. Go to site More info
Citi Rewards Signature Credit Card
Receive 75,000 bonus Reward Points on eligible spend with a range of complimentary insurances.
1.5 0 75,000 bonus points $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
American Express Velocity Platinum Card
Receive 50,000 bonus Velocity Points when you apply online, are approved and meet the minimum spend required, plus take advantage of the 0% p.a. for 12 months balance transfer offer. Also receive a complimentary return flight every year.
0 1 50,000 bonus points $349 p.a. Go to site More info
Qantas American Express Ultimate Card
Enjoy 75,000 bonus Qantas Points when you meet the spend criteria plus 75 Bonus Status Credits when you book and fly back with Qantas. Earn up to 2.5 Qantas Points per $1 spent on eligible purchases.
1.5 75,000 bonus points $450 p.a. Go to site More info
Emirates Citi World Mastercard
Receive up to 50,000 bonus points and enjoy a reduced annual fee for the first year.
1 0 50,000 bonus points $149 p.a. annual fee for the first year ($299 p.a. thereafter) Go to site More info
American Express Platinum Card
Receive 100,000 Membership Rewards Bonus Points when you meet the minimum spend requirement and earn up to 3 points per $1 spent. Gain access to travel insurance, $300 Platinum travel credit every year and access to 1,000 VIP airport lounges.
0 1 100,000 bonus points $1,200 p.a. Go to site More info
David Jones American Express
Receive 30,000 Membership Rewards points and earn up to 3 Rewards points for every dollar spent on everyday item and also access in-store benefits exclusive to David Jones cardholders.
1 30,000 bonus points $99 p.a. Go to site More info
American Express Gold Business Card
Apply online to receive 10,000 Membership Rewards Bonus Points. Keep track of your business expenses with a dedicated business credit card.
0 1 10,000 bonus points $169 p.a. Go to site More info
American Express Platinum Business Card
Provides easy tracking and management of business expenses. Also earn 100,000 bonus points when you meet the minimum spend requirement.
0 1 100,000 bonus points $1,500 p.a. Go to site More info
Citi Prestige Card
Receive 70,000 bonus points on your first spend and a low interest rate on balance transfers.
2 70,000 bonus points $700 p.a. Go to site More info
Bank of Melbourne Amplify Signature
Receive 30,000 bonus points when you meet the minimum spend. Also enjoy low introductory offers on purchases and balance transfers.
1.5 0 30,000 bonus points $279 p.a. Go to site More info
Bank of Melbourne Amplify Platinum
Enjoy introductory offers on purchases and balance transfers with a sign up bonus points of 30,000 on eligible spend.
1 0 30,000 bonus points $99 p.a. Go to site More info
St.George Amplify Signature
Receive 30,000 sign-up bonus points with low introductory interest rates on purchases and balance transfers.
1.5 0 30,000 bonus points $279 p.a. Go to site More info
St.George Amplify Platinum
This card features a 30,000 bonus points offer and introductory interest rates on balance transfers and purchases.
1 0 30,000 bonus points $99 p.a. Go to site More info
BankSA Amplify Platinum
Receive bonus points and enjoy introductory offers on purchases and balance transfers, a generous earn rate, plus the ability to tailor your rewards with your choice of rewards programs.
1 30,000 bonus points $99 p.a. Go to site More info
BankSA Amplify Signature
Receive 30,000 bonus points and enjoy a long-term balance transfer offer of 0% p.a. for 12 months plus a purchase offer of 0% p.a. for 6 months.
1.5 0 30,000 bonus points $279 p.a. Go to site More info
NAB Rewards Classic Card
Receive 40,000 bonus points when you spend $1,500 on everyday purchases within 90 days from card approval, earn rewards points per $1 spent, and enjoy a $0 annual fee for the first year.
0.75 40,000 bonus points $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
NAB Rewards Platinum Card
Enjoy 80,000 bonus points when you spend $2,500 on everyday purchases within 90 days from card approval. Benefit from $0 annual fee for the first year and a range of platinum features.
1 80,000 bonus points $0 p.a. annual fee for the first year ($195 p.a. thereafter) Go to site More info
NAB Rewards Business Platinum Card
Enjoy 80,000 bonus points when you meet the spend criteria, earn 1 rewards point per $1 spent and enjoy a $0 annual card fee for the first year.
1 80,000 bonus points $0 p.a. annual fee for the first year ($175 p.a. thereafter) Go to site More info

Cards to consider with cashback offer

Rates last updated April 27th, 2017.

Citi Rewards Classic Credit Card

BT period changed from 12 to 15 months plus new offer of $50 cash back, valid until 30 June 2017.

January 13th, 2017

Citi Simplicity Card

0% p.a. for 9 months has been updated to 15 mos. on balance transfers. Offer ends 30 June 2017.

January 13th, 2017

View latest updates

Jonathan Choi Jonathan
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
American Express Essential®  Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
Citi Rewards Classic Credit Card
Enjoy 0% p.a. on balance transfers for 15 months, up to $50 cash back and a reduced annual fee in the first year.
20.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee $49 p.a. annual fee for the first year ($99 p.a. thereafter) Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard that features $50 off a single Coles Supermarket shop with a competitive rate on purchases and a low annual fee.
12.99% p.a. 0% p.a. for 6 months $49 p.a. Go to site More info
Citi Simplicity Card
Take advantage of the 0% p.a. for 15 months offer on balance transfers, a low interest rate on purchases, an annual fee waiver for life, plus 5% cash back on retail purchases.
19.99% p.a. 0% p.a. for 15 months with 1.5% balance transfer fee $0 p.a. Go to site More info
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Factors to consider with a sign-up bonus credit cards

What crucial points should be compared with sign-up bonus credit cards?

Interest rates are always a main focal point as lower rates over the long run could save you considerable money. Therefore, you will need to be sure that you understand the interest rate offered, and if low interest is only charged during specific time periods. Where cards are concentrating on frequent purchase rewards as the main special offer, be sure that the purchase rate is sustainable or that you pay your card in full every month so as not to pay interest. Looking at the long-term impact of acquiring a new credit card is far safer than only going for the immediate short-term rewards.

Is a sign-up bonus credit card right for you?

This question is dependent on every individuals specific circumstances, for example, if you have a high interest credit card with over $10'000 owing currently, and which you plan on paying off in less than a year, then a 0% transfer balance card for 9 months will be great. Or if you spend large amounts every month through your credit card, and pay the credit balance off very month i.e. using your card as a debit card, then frequent purchase specials will give you additional benefits for something you do anyway. Some people may already have a great card that has low interest and low fees, and moving for a sign-up bonus will not make sense.

How and where can I apply for my sign-up bonus credit card?

The simplest way to obtain a Sign-Up Bonus Credit Card is to look at the existing options available in the above comparison table. After comparing the credit cards and identifying the best credit card for you, click on the Apply button and continue to complete the form.

Once approved, how long does it take before I can receive the sign-up bonus credit card?

After approval, the specific bank will post your new Sign-Up Bonus Credit Card and you should receive it within a week. For security purposes, the credit cards are not activated until they are safely received. As soon as it has been activated you will be able to immediately use your credit card and earn reward points.

Conclusion

A Sign-Up Bonus Credit Card is a great way to use your purchasing power to your benefit as it can get you great rewards or save you from high interest instalments. The credit card companies will always make money, so no matter how good a deal looks, be sure you understand all the fine print, fees and conditions. It should always be your goal to eliminate or reduce credit card debt so do not be tempted to get in further debt for the sake of a sign-up bonus unless it serves your purposes.

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Read more on this topic

ANZ Platinum Credit Card - Exclusive Offer
ANZ Platinum Credit Card - Exclusive Offer

Interest rate

19.74

Annual fee

87
St.George Vertigo Platinum
St.George Vertigo Platinum

Interest rate

12.74

Annual fee

99
NAB Low Rate Credit Card
NAB Low Rate Credit Card

Interest rate

13.99

Annual fee

59

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2 Responses to Sign-Up Bonus Credit Cards

  1. Default Gravatar
    Melissa | November 19, 2016

    How and where can I apply?

    • Staff
      Jason | November 19, 2016

      Hi Melissa,

      Thank you for your enquiry.

      You may apply online by clicking the green ‘Go to site’ button of your preferred credit card. Just fill out the online form and follow the prompts on the card provider’s page to complete your application.

      Cheers,
      Jason

Credit Cards Comparison

Rates last updated April 27th, 2017
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn 2 Velocity Points on top of the standard earn rate per $1 spent within the first three months. Plus, save with a long-term balance transfer offer and a reduced annual fee in the first year.
20.74% p.a. 0% p.a. for 18 months with 1.5% balance transfer fee $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
NAB Premium Card
An introductory rate of 0% p.a. for 24 months on balance transfers combined with premium benefits such as travel insurance covers.
19.74% p.a. 0% p.a. for 24 months with 3% balance transfer fee $90 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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