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.

Sponsorship - HSBC Platinum Qantas Credit Card- FF - PE-32694

Bonus Points Credit Card Offer

Earn Qantas Points with HSBC Platinum Qantas Credit Card and benefit with complimentary insurance covers.

  • Receive 60,000 bonus Qantas Points when you spend $3,000 on eligible purchases within the first three months from card approval.
  • Earn 1 Qantas Point per $1 spent up to $2,500 per statement period when you use your card on eligible purchases made in Australia and overseas and earn 0.5 Qantas Points per $1 spent thereafter.
  • Enjoy complimentary international travel insurance.
  • Up to 55 days interest-free on purchases when you pay the full closing balance (including any balance transfer amount) by the statement due date.
  • Offer available to new and approved applicants who apply by 30 June 2017.

    Compare credit cards with bonus points on sign-up

    Rates last updated January 24th, 2017.

    Bank of Melbourne Amplify Platinum

    Purchase rate offer has been changed to 0% p.a. for 6 months and is valid until 30 March 2017

    January 5th, 2017

    Westpac Altitude Black - Exclusive Offer

    Exclusive online offer of 100,000 bonus Altitude or Qantas Points extended until 28 February 2017

    January 6th, 2017

    Citi Rewards Credit Card - Platinum Card

    0% p.a. for 24 months balance transfer offer has been extended until 30 April 2017.

    January 12th, 2017

    View latest updates

    Jonathan Choi Jonathan
    Rewards Points per $ spent (AMEX) Rewards Points per $ spent (VISA/MC) 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.
    0 1 60,000 bonus points $199 p.a. Go to site More info
    American Express Platinum Edge Credit Card
    Receive 10,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
    1 0 10,000 bonus points $195 p.a. Go to site More info
    American Express Velocity Escape Card
    Enjoy 7,500 bonus Velocity Points when you meet the minimum spend requirement and earn up to 2 points for every $1 you spend, together with a $0 annual fee.
    1 0 7,500 bonus points $0 p.a. Go to site More info
    ANZ Rewards Black Credit Card
    Earn 75,000 Reward Points after your first eligible purchase within the first 3 months. Up to 3 Reward Points per dollar spent and unlimited access to airport lounges with complimentary travel insurance.
    3 1.25 75,000 bonus points $375 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.
    0 1 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
    Earn up to 1.5 Qantas Frequent Flyer points per $1 spent on purchases, receive 50,000 Qantas Points when you spend $2,500 on eligible purchases in the first three months. Plus, enjoy a waived annual fee for the first year.
    1.5 0.5 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. Plus enjoy a waived annual fee for the first year.
    1 0.5 25,000 bonus points $0 p.a. annual fee for the first year ($95 p.a. thereafter) Go to site More info
    American Express Qantas Discovery Card
    Earn up to 7,500 bonus points on this no annual fee credit card.
    1 0 7,500 bonus points $0 p.a. Go to site More info
    ANZ Frequent Flyer Black
    Earn 75,000 bonus Qantas Points after you spend $2,500 on eligible purchases within the first 3 months plus enjoy $0 annual fee for the first year. Plus, enjoy easy payments with Apple Pay.
    1.5 0.75 75,000 bonus points $0 p.a. annual fee for the first year ($425 p.a. thereafter) Go to site More info
    ANZ Rewards Platinum
    Receive 50,000 bonus Reward Points after your first eligible purchase is made within 3 months of card approval and earn up 2 Reward Points for every dollar spent on purchases.
    2 1 50,000 bonus points $95 p.a. Go to site More info
    Citi Qantas Signature Credit Card
    Earn up to 50,000 bonus Qantas Points when you spend $2,000 or more on eligible purchases in the first 90 days. Plus, enjoy introductory interest rates on balance transfers and purchases with a discounted annual fee of $199 in the first year.
    0 1 50,000 bonus points $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    American Express Qantas Premium Card
    Earn as much as 30,000 bonus Qantas Points when you meet the minimum spend requirement. Enjoy frequent flyer benefits including uncapped Qantas Points per $1 spent, complimentary travel insurance and Qantas Club lounge invitations.
    1 0 30,000 bonus points $249 p.a. Go to site More info
    Citi Rewards Credit Card - Signature
    Receive 75,000 bonus Reward Points on eligible spend. A range of complimentary insurances.
    0 1.5 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
    Enjoy up to 50,000 bonus Velocity Points when you meet the minimum required spend and earn up to 3 rewards points per dollar spent. Also receive a complimentary return flight every year.
    1 0 50,000 bonus points $349 p.a. Go to site More info
    American Express Qantas Ultimate Card
    Enjoy up to 100,000 bonus Qantas Points on eligible spend, earn up to 3 Qantas Points for every $1 spent and get a free domestic return flight every year.
    1 0 100,000 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.
    0 1 50,000 bonus points $149 p.a. annual fee for the first year ($299 p.a. thereafter) Go to site More info
    ANZ Rewards Credit Card
    Get 25,000 bonus Reward Points after your first eligible purchase is made within 3 months of card approval and earn 1.5 points per dollar spent.
    1.5 0.75 25,000 bonus points $80 p.a. 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 dollar spent. Gain access to travel insurance, $300 Platinum Travel Credit every year and access to 900 VIP airport lounges.
    1 0 100,000 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 access exclusive in-store benefits 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.
    1 0 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.
    1 0 100,000 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
    Westpac Altitude Black - Exclusive Offer
    Earn 100,000 bonus points when you apply online, get approved and spend $5,000 on eligible purchases, choose between two reward programs offering (Altitude or Qantas Rewards) and receive premium cardholder benefits.
    3 1.25 100,000 bonus points $395 p.a. Go to site More info
    Bankwest More World MasterCard
    Receive 80,000 introductory bonus points when you meet the minimum spend requirements, plus enjoy a low balance transfer offer and earn 2.5 per $1 spent on eligible purchases.
    2.5 80,000 bonus points $240 p.a. Go to site More info
    Bankwest Qantas World MasterCard
    Receive 50,000 bonus Qantas Points on eligible spend and earn uncapped reward point per $1 spent on eligible purchases. Also enjoy no foreign transaction fees on online and overseas spend.
    0 0.66 50,000 bonus points $270 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.
    0 1.5 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 signup bonus points of 30,000 on eligible spend.
    0 1 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.
    0 1.5 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, introductory interest rates on balance transfers and purchases.
    0 1 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 18 months plus a purchase offer of 0% p.a. for 6 months.
    0 1.5 30,000 bonus points $279 p.a. Go to site More info
    Citi Rewards Credit Card - Platinum Card
    Enjoy a reduced annual fee on the first year, 0% p.a. for 24 months balance transfer offer, Citi Reward Points on eligible spend, plus a complimentary travel insurance.
    0 1.25 $49 p.a. annual fee for the first year ($149 p.a. thereafter) Go to site More info

    Cards to consider with cashback offer

    Rates last updated January 24th, 2017.

    Coles Low Rate MasterCard

    New offer of $100 off a single Coles Supermarket shop which is valid until 28 February 2017

    January 4th, 2017

    Citi Rewards Credit Card - Classic 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
    Virgin No Annual Fee Credit Card
    $100 cashback and a no annual fee card with balance transfer offer. Spend criteria applies for cashback offer.
    18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee $0 p.a. Go to site More info
    ANZ Low Rate Platinum Credit Card
    $250 Back plus 0% p.a. for the first 6 months on purchases from approval.
    0% p.a. for 6 months (reverts to 13.49% p.a.) $99 p.a. Go to site More info
    ANZ Low Rate
    $100 Back plus 0% p.a. for the first 6 months on purchases from approval.
    0% p.a. for 6 months (reverts to 13.49% p.a.) $58 p.a. Go to site More info
    Citi Rewards Credit Card - Classic 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 $100 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
    Back to top

    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.

    Back to top

    American Express Essential Credit Card
    American Express Essential Credit Card

    Interest rate

    14.99

    Annual fee

    0
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card

    Interest rate

    19.99

    Annual fee

    149

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    2 Responses to Sign-Up Bonus Credit Cards

      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 January 24th, 2017
    Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
    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 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
    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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