Earn up to 75,000 bonus points, maximise your Qantas Points and redeem rewards faster with the best* credit cards for earning Qantas Frequent Flyer Points.
There isn’t one best* credit card to earn Qantas Points with per se, but you can try to find the right card for you. Use this guide to compare a range of cards based on their earn rates, bonus points offers, interest rates and fees to see which card matches your spending habits, financial situation and rewards goals.
Qantas Frequent Flyer Credit Card Offer
The Citi Qantas Signature Credit Card allows you to directly earn Qantas Points on domestic and international purchases. Get a head start buy receiving 70000 bonus Qantas Points when you meet the minimum spend criteria and a reduced annual fee for the first year.
- $99 p.a. annual fee for the first year ($395 p.a. thereafter) annual fee
- 20.99% p.a. on purchases
- 0% p.a. for 6 months on balance transfers
- Cash Advance Rate of 21.74% p.a.
- Up to 55 days interest free
- Minimum Income Requirement of $75,000 p.a.
Compare Qantas Frequent Flyer Credit Cards
Rates last updated September 28th, 2016.
- NAB Qantas Rewards Card
Bonus points, purchase and balance transfer offers have been extended until 2 October 2016.
August 9th, 2016
- Citi Qantas Prestige Credit Card
70,000 bonus Qantas Points plus 0% p.a. for 6 mos. on balance transfers will end on 30 Sep 2016.
August 17th, 2016
- American Express Qantas Discovery Card
7,500 bonus points and 0% p.a. on balance transfers for 12 months
August 17th, 2016
How to find the best* credit card for earning Qantas Frequent Flyer points
When comparing Qantas Frequent Flyer credit cards, it’s important to consider the following factors:
- Direct or indirect earn card. There are two types of credit cards you can use when it comes to earning Qantas points:
- Direct earn Qantas Frequent Flyer credit cards are directly linked to your Qantas membership account, such that you automatically earn Qantas points as you spend, with points credited periodically.
- Indirect earn credit cards usually let you earn points with your card provider’s rewards program first. You can then manually convert these into Qantas points and transfer them to your Qantas membership account later. Learn more about converting rewards points to Qantas points in our guide to transferring frequent flyer points.
Depending on your needs, you may prefer one to the other. For instance, you’d choose a direct earn credit card if your sole wish was to aquire Qantas points. You may, however, prefer an indirect earn credit card if you’d like the option of redeeming other rewards and don’t mind the inconvenience of having to convert and transfer your points to Qantas when necessary.
- Earn rate per dollar. A card’s earn rate is simply the number of points you receive for every dollar spent on eligible purchases. When comparing earn rates, do note that a card may charge a higher annual fee for a better earn rate. You should always consider if a card’s fees are worth its earn rate in the context of how much you are likely to spend in a year and how many points that would earn you.
- Bonus sign-up offers. The introductory bonus offer is an attractive “freebie” that credit card providers use to entice you to their card. This is a one-off promotion that new cardholders are entitled to, usually framed as a bonus points giveaway if you fulfill certain requirements within a certain amount of time. For example, earn 70,000 Qantas points if you make your first eligible purchase within three months of card approval.
- Points limitations. Your ability to earn points could be limited in one of two ways:
- Capping is when your credit card imposes an upper limit on the number of frequent flyer points you can earn within a period. For example, you can only earn a maximum of 50,000 Qantas points in a year, or you can earn two Qantas points per $1 spent up to 6,000 Qantas points a month (after which you only earn one point per $1).
- Expiry automatically happens after your Qantas Frequent Flyer account experiences 18 months of inactivity. However, this won’t happen as long as you continue to use any credit card linked to your Qantas Frequent Flyer account, as you only need to earn one point in order for your account to stay active.
- Interest rates. As always, a credit card’s interest rate plays a huge part in determining its suitability for you. If you are not one to carry an outstanding balance, this may be less of a consideration. Otherwise, lower is always better since you don’t want to be accruing debt in the form of interest just to earn frequent flyer points.
- Annual fee. Some cards come with zero annual fees but lack the benefits you may wish for. High annual fees usually accompany premium features such as a higher earn rate, complimentary travel insurance, airport lounge access and more. When deciding on a card, you may wish to do some simple calculations to see if the card’s annual fee is worth the benefits you’ll derive from it. Unfortunately, intangible benefits like airport lounge access and personal courier services may be difficult to measure against dollars and cents.
- Other fees. Do thorough research and consider the other fees you may incur with your chosen credit card. Fees you may encounter include a joining fee, administrative or account fees and even ATM fees when it comes to withdrawing cash. Accumulated miscellaneous fees tend to outweigh the benefits of a card, so it is wise to know what you might be paying for.
- Extra features. As mentioned above, some cards come with more frills than others. Premium services such as travel and medical insurance benefits, airport lounge access, personal concierge services and more usually cost more in the way of annual fees. Carefully consider if these are perks you’ll use and if they justify the higher card cost.
Other factors to consider
Since there’s no perfect credit card that will satisfy everyone’s needs across the board, you should consider your own habits and preferences when choosing your card:
- How much do I spend on my card?
This is a highly pertinent question, because your expenditure determines when you will break even by earning enough frequent flyer points to offset your annual fee.
How much does Angela need to spend to be rewarded?
Angela got a credit card with a $200 annual fee so that she could earn Qantas points at a rate of two points per $1 spent. She wants to earn enough points for an Economy flight from Sydney to Tokyo. According to our Qantas Frequent Flyer Points Analysis, this fight redemption values one Qantas point at about 0.757 cents (given that the $512 flight costs 67,600 Qantas points). This means that Angela needs to earn at least 26,420 Qantas points to break even, which equates to spending above $13,210 in the year.
If you’re a low spender, it may be advisable to get a card with zero or low annual fees, as it would be hard for you to earn enough rewards points to justify the cost of your card. It does also depend on how and when you use your rewards points, as different rewards are priced to value your Qantas points very differently.
- Are my purchases eligible purchases?
Make sure that you’re considering only eligible purchases when making your preliminary cost-benefit calculations. Not all transactions earn you rewards or frequent flyer points, and these commonly don’t:
- Cash advances. You don’t earn Qantas points or rewards points on ATM withdrawals, cashouts or gambling transactions.
- Credit card repayments or fees. You can’t earn points for paying off your credit card balances or credit card fees.
- Balance transfers. Transferring a loan balance isn’t eligible for earning points.
- Government charges. Government charges such as stamp duty and fines are not eligible purchases either.
- Is Qantas my primary airline of choice?
This may be the most important question to ask yourself. There is no incentive or reason to be earning Qantas points if you prefer a different airline. Expand your options by comparing other Frequent Flyer Credit Cards if that’s the case.
When comparing options, it’s useful to bear in mind your own needs and spending habits. This way, you won’t be swayed by less relevant factors and can effectively pick the right Qantas Frequent Flyer credit card for you.Back to top