Frequent Flyer Credit Cards

Want to earn more frequent flyer points to redeem flights, accommodation and other rewards? Read this guide to find out how frequent flyer credit cards can help you get there faster.

Frequent flyer credit cards let you earn points for every $1 spent to help you redeem flights and rewards sooner. Enjoy a range of additional features including complimentary travel insurance, bonus points offers, airline lounge access and promotional interest rates.

This guide goes through everything you need to know to do exactly that, including how they work, tips for earning and using points, comparing frequent flyer credit cards and insights that will help you choose the right card for you.

ANZ Frequent Flyer Platinum - FF Offer - June

Frequent Flyer Credit Card Offer

Earn Qantas Points with the ANZ Frequent Flyer Platinum Card for every $1 spent on eligible purchases.

  • Receive 50,000 Qantas Points when you make an eligible purchase within the first 3 months of card approval using your ANZ Frequent Flyer Platinum credit card
  • Earn up to 1.5 Qantas Points for every $1 spent on eligible purchases using the ANZ Frequent Flyer Platinum American Express® card and 0.5 Qantas Point per $1 spent on eligible purchases using ANZ Frequent Flyer Platinum Visa card
  • Offer available to new and approved applicants

    Compare Frequent Flyer Credit Cards

    How do you use this table?

    Compare and find a frequent flyer card easily with this table:

    • To earn the most rewards points per $1 spent: use the Rewards Points per $ spent (VISA/ MC) and Rewards Points per $ spent (AMEX) columns
    • To receive the most bonus points: use the ‘Bonus Points‘ column to order credit cards in ascending or descending order of bonus points provided
    • To compare Qantas frequent flyer credit cards: use the ‘Qantas Rewards Program‘ table
    • To compare Velocity frequent flyer credit cards: use the ‘Velocity Rewards Program‘ table
    • To compare other frequent flyer credit cards including Emirates, Singapore Airlines and Jetstar: use the ‘Other Rewards Programs‘ table
    Rates last updated June 29th, 2016
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) APR for Purchases ( Purchase Rate ) Intro APR Rate for Balance Transfer (p.a.) Annual fee
    ANZ Frequent Flyer Platinum
    ANZ Frequent Flyer Platinum
    50,000 bonus points 0.5 1.5 $295 p.a. Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    40,000 bonus points 1 0 $199 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    American Express Essential Credit Card
    American Express Essential Credit Card
    1 $0 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    American Express Platinum Edge Credit Card
    American Express Platinum Edge Credit Card
    10,000 bonus points 0 1 $195 p.a. Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    NAB Velocity Rewards Premium Card
    NAB Velocity Rewards Premium Card
    20,000 bonus points 0.5 1.5 $150 p.a. Go to site More info
    ANZ Frequent Flyer
    ANZ Frequent Flyer
    25,000 bonus points 0.5 1 $95 p.a. Go to site More info
    NAB Qantas Rewards Premium Card
    NAB Qantas Rewards Premium Card
    20,000 bonus points 0.5 1.5 $250 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
    American Express Qantas Premium Card
    American Express Qantas Premium Card
    30,000 bonus points 0 1 $249 p.a. Go to site More info
    Citi Qantas Signature Credit Card
    Citi Qantas Signature Credit Card
    70,000 bonus points 1 0 $99 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    ANZ Rewards Travel Adventures card
    ANZ Rewards Travel Adventures card
    1 2 $225 p.a. Go to site More info
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    75,000 bonus points 0.75 1.5 $425 p.a. Go to site More info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    50,000 bonus points 0 1 $450 p.a. Go to site More info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Bankwest Qantas Platinum MasterCard
    Bankwest Qantas Platinum MasterCard
    8,000 bonus points 0.5 0 $160 p.a. Go to site More info
    Citi Rewards Credit Card - Signature
    Citi Rewards Credit Card - Signature
    75,000 bonus points 1.5 0 $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info

    Qantas Rewards Program

    Rates last updated June 29th, 2016.

    ANZ Frequent Flyer Platinum

    Removed annual fee waiver and minimum spend requirements on bonus points offer.

    June 15th, 2016

    Bankwest Qantas Platinum MasterCard

    Interest-free period changed from 55 to 44 days.

    June 21st, 2016

    Bankwest Qantas MasterCard

    Interest-free period changed from 55 to 44 days.

    June 21st, 2016

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) APR for Purchases ( Purchase Rate ) Intro APR Rate for Balance Transfer (p.a.) Annual fee
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    75,000 bonus points 0.75 1.5 $425 p.a. Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    40,000 bonus points 1 0 $199 p.a. Go to site More info
    NAB Qantas Rewards Premium Card
    NAB Qantas Rewards Premium Card
    20,000 bonus points 0.5 1.5 $250 p.a. Go to site More info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    50,000 bonus points 0 1 $450 p.a. Go to site More info
    American Express Qantas Premium Card
    American Express Qantas Premium Card
    30,000 bonus points 0 1 $249 p.a. Go to site More info
    Bankwest Qantas Platinum MasterCard
    Bankwest Qantas Platinum MasterCard
    8,000 bonus points 0.5 0 $160 p.a. Go to site More info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Citi Qantas Signature Credit Card
    Citi Qantas Signature Credit Card
    70,000 bonus points 1 0 $99 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    NAB Qantas Rewards Card
    NAB Qantas Rewards Card
    10,000 bonus points 0.5 1 $95 p.a. Go to site More info
    ANZ Frequent Flyer Platinum
    ANZ Frequent Flyer Platinum
    50,000 bonus points 0.5 1.5 $295 p.a. Go to site More info
    Bankwest Qantas MasterCard
    Bankwest Qantas MasterCard
    2,000 bonus points 0.5 0 $100 p.a. Go to site More info
    American Express David Jones - Qantas Rewards
    American Express David Jones - Qantas Rewards
    22,500 bonus points 0 0.75 $99 p.a. Go to site More info

    Velocity Rewards Program

    Rates last updated June 29th, 2016.

    NAB Velocity Rewards Card

    10k bonus points and 0% p.a. for 15 months on purchases and balance transfers w/ one off 2% BT fee

    May 2nd, 2016

    Virgin Australia Velocity Flyer Card - Balance Transfer Offer

    Balance transfer period changed from 14 to 18 months and is valid until 31 August 2016.

    June 8th, 2016

    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer

    Balance transfer offer has been extended until 31 August 2016.

    June 8th, 2016

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) APR for Purchases ( Purchase Rate ) Intro APR Rate for Balance Transfer (p.a.) Annual fee
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    NAB Velocity Rewards Card
    NAB Velocity Rewards Card
    10,000 bonus points 0.5 1 $95 p.a. Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    NAB Velocity Rewards Premium Card
    NAB Velocity Rewards Premium Card
    20,000 bonus points 0.5 1.5 $150 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    American Express Velocity Business Card
    American Express Velocity Business Card
    0 1 $249 p.a. Go to site More info

    Other Rewards Programs

    Rates last updated June 29th, 2016.

    Bankwest More Platinum Mastercard

    Interest-free period changed from 55 days to 44 days.

    June 21st, 2016

    Bankwest Qantas MasterCard

    Interest-free period changed from 55 to 44 days.

    June 21st, 2016

    Bankwest More MasterCard

    Interest-free days from 55 days to 44 days

    June 21st, 2016

    View latest updates

    Jonathan Choi Jonathan
    Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) APR for Purchases ( Purchase Rate ) Intro APR Rate for Balance Transfer (p.a.) Annual fee
    ANZ Rewards Platinum
    ANZ Rewards Platinum
    50,000 bonus points 1 2 $95 p.a. Go to site More info
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card
    1 0 $149 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    40,000 bonus points 1 0 $199 p.a. Go to site More info
    American Express Essential Credit Card
    American Express Essential Credit Card
    1 $0 p.a. Go to site More info
    ANZ Frequent Flyer Platinum
    ANZ Frequent Flyer Platinum
    50,000 bonus points 0.5 1.5 $295 p.a. Go to site More info
    American Express Velocity Platinum Card
    American Express Velocity Platinum Card
    50,000 bonus points 0 1 $349 p.a. Go to site More info
    Coles Rewards Mastercard
    Coles Rewards Mastercard
    20,000 bonus points 2 0 $89 p.a. Go to site More info
    American Express Platinum Edge Credit Card
    American Express Platinum Edge Credit Card
    10,000 bonus points 0 1 $195 p.a. Go to site More info
    Citi Qantas Signature Credit Card
    Citi Qantas Signature Credit Card
    70,000 bonus points 1 0 $99 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    ANZ Rewards Travel Adventures card
    ANZ Rewards Travel Adventures card
    1 2 $225 p.a. Go to site More info
    ANZ Rewards Black Credit Card
    ANZ Rewards Black Credit Card
    75,000 bonus points 1.25 3 $375 p.a. Go to site More info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    0.66 0 $129 p.a. Go to site More info
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    75,000 bonus points 0.75 1.5 $425 p.a. Go to site More info
    Coles Low Rate MasterCard
    Coles Low Rate MasterCard
    0.5 0 $49 p.a. Go to site More info
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
    30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Citi Rewards Credit Card - Classic Card
    Citi Rewards Credit Card - Classic Card
    1 0 $99 p.a. Go to site More info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    7,500 bonus points 0 1 $0 p.a. Go to site More info
    Commonwealth Bank Awards Credit Card
    Commonwealth Bank Awards Credit Card
    1 1.5 $59 p.a. Go to site More info
    American Express Qantas Premium Card
    American Express Qantas Premium Card
    30,000 bonus points 0 1 $249 p.a. Go to site More info
    Citi Rewards Credit Card - Platinum Card
    Citi Rewards Credit Card - Platinum Card
    1.25 0 $199 p.a. annual fee for the first year ($249 p.a. thereafter) Go to site More info
    Bankwest Qantas Platinum MasterCard
    Bankwest Qantas Platinum MasterCard
    8,000 bonus points 0.5 0 $160 p.a. Go to site More info
    NAB Qantas Rewards Premium Card
    NAB Qantas Rewards Premium Card
    20,000 bonus points 0.5 1.5 $250 p.a. Go to site More info
    Citi Rewards Credit Card - Signature
    Citi Rewards Credit Card - Signature
    75,000 bonus points 1.5 0 $199 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
    ANZ Frequent Flyer
    ANZ Frequent Flyer
    25,000 bonus points 0.5 1 $95 p.a. Go to site More info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    50,000 bonus points 0 1 $450 p.a. Go to site More info
    NAB Velocity Rewards Premium Card
    NAB Velocity Rewards Premium Card
    20,000 bonus points 0.5 1.5 $150 p.a. Go to site More info
    Bankwest Qantas MasterCard
    Bankwest Qantas MasterCard
    2,000 bonus points 0.5 0 $100 p.a. Go to site More info
    NAB Qantas Rewards Card
    NAB Qantas Rewards Card
    10,000 bonus points 0.5 1 $95 p.a. Go to site More info
    Bankwest More Platinum Mastercard
    Bankwest More Platinum Mastercard
    28,000 bonus points 2 0 $130 p.a. Go to site More info
    American Express Platinum Card
    American Express Platinum Card
    100,000 bonus points 0 1 $1,200 p.a. Go to site More info
    Bankwest More MasterCard
    Bankwest More MasterCard
    8,000 bonus points 1.5 0 $70 p.a. Go to site More info
    NAB Velocity Rewards Card
    NAB Velocity Rewards Card
    10,000 bonus points 0.5 1 $95 p.a. Go to site More info
    Bankwest More Gold MasterCard
    Bankwest More Gold MasterCard
    15,000 bonus points 1.5 0 $120 p.a. Go to site More info
    Commonwealth Bank Platinum Awards Credit Card
    Commonwealth Bank Platinum Awards Credit Card
    80,000 bonus points 1 2.5 $249 p.a. Go to site More info
    Commonwealth Bank Diamond Awards Credit Card
    Commonwealth Bank Diamond Awards Credit Card
    80,000 bonus points 1.25 3 $349 p.a. Go to site More info
    David Jones American Express Platinum Card
    David Jones American Express Platinum Card
    40,000 bonus points 1 $295 p.a. Go to site More info
    David Jones American Express
    David Jones American Express
    30,000 bonus points 1 $99 p.a. Go to site More info
    Coles Rewards Platinum Mastercard
    Coles Rewards Platinum Mastercard
    20,000 bonus points 2 0 $89 p.a. Go to site More info

    How does a Frequent Flyer Credit Card work?

    When you use a frequent flyer credit card, you’ll earn rewards points as you spend on eligible purchases. These cards have a set earn rate of rewards for every dollar spent (e.g. 1 point per $1). So the more you pay with plastic, the more frequent flyer rewards you can get.

    Depending on the type of reward credit card you use, there are different ways to earn and redeem frequent points, which we explain in detail below.

    Benefits and drawbacks

    Below are some of the most common pros and cons of frequent flyer credit cards to be aware of before you apply. Please keep in mind that these factors may vary depending on the card.

    Benefits

    • Redeem flights and travel upgrades faster. By earning points on your everyday spend you can reach your rewards goals in less time.
    • Large range of rewards. Use your points to redeem rewards including flights, hotels, online shopping and other lifestyle benefits.
    • Increase membership status faster. By earning more points you can reach the next membership tier sooner.
    • Travel perks. Get access to airline lounges, 24/7 concierge service and travel insurance.
    • Sign up bonus points (where available). Banks often provide an amount of bonus points upon sign-up as an added incentive for joining.
    • Complimentary insurance. Get peace of mind with complimentary insurances including purchase security insurance, travel insurance and interstate flight inconvenience insurance.

    Drawbacks

    • High interest rates.
    • Can charge higher annual fees.

    Types of Frequent Flyer Credit Cards on the market

    How to compare Frequent Flyer Credit Cards

    The wide range 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. Below you’ll find a checklist of the different factors you should consider when looking at credit cards that earn frequent flyer points.

    1. 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.

    2. Point earning rate. Check the standard rate of points per $1 and be aware of any differences if it is a dual credit card (with an AMEX and a MasterCard of Visa), or if a different earning rate is applied for certain purchases (i.e. overseas spending).

    3. Reward values. Consider the types of rewards you will want to claim and check how their values measure up between programs so that you know exactly how many points you will need – and how much spending that requires – before you apply for a card.

    4. Annual fee. Ideally, the annual fee should be worth less than the rewards and any complimentary extras on the card that you intend to use.

    5. Interest rates. A lower interest rate is preferable to help save money on these charges – and remember that the standard purchase and balance transfer rates could be different to any introductory offers that are available when you apply. If the interest charges you have to repay on your purchases are greater than the value of your rewards, you might want to reconsider another type of card.

    6. Interest free days. If you pay your balance in full before the due date on every statement, you will get access to a number of interest free days, ranging from 25 to 62 per statement period. Interest free days give you more flexibility with your repayments and a greater opportunity to avoid interest charges.

    7. Promotional features. Frequent flyer credit cards sometimes have promotions for new customers, such as bonus points, 0% purchase ratesbalance transfer offers or even no annual fee for the first year. These benefits can add a lot of 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).

    8. Complimentary extras. Reward and frequent flyer credit cards often come with a wide range 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 – and they are often handy to have available just in case you ever need them.

    Back to top

    Earning and redeeming points

     Earning points

    Points are a key factor when choosing and using a frequent flyer credit card, and there are two main options to consider.

    1. Direct earn cards

    These credit cards earn you points for a specific airline rewards program, which are credited directly to your frequent flyer account. For example, the American Express Qantas Premium card earns 1 Qantas point per $1 spent, and the Virgin Australia Velocity Flyer card earns 1 Velocity point per $1.

    Direct earn cards generally have a better earn rate as well, so you could potentially get more rewards for your spending if you’re loyal to one program.

    2. Indirect earn cards

    Other reward credit cards earn points that can be transferred to a wide range of frequent flyer programs.

    For instance, the ANZ Rewards Black credit card earns 3 ANZ Reward points per $1 spent, which can then be exchanged for Air New Zealand AirpointsSingapore Airlines KrisFlyer miles or Velocity Frequent Flyer reward points.

    Unlike direct earn frequent flyer credit cards, the point values of these cards may differ when transferred to a frequent flyer account. For instance, 2.5 CommBank Award points is worth 1 Qantas Frequent Flyer point, so you would need to factor in this exchange rate when choosing the card.

     FAQs about Earning Frequent Flyer Points

    How can I maximise my frequent flyer credit card points?

    While the amount of frequent flyer points you earn varies between credit cards, there are a number of ways you can maximise your rewards, including:

    • Bonus point offers. Many reward credit cards offer thousands of bonus points to new customers when they are approved for a card and spend a certain amount in the first few months. These additional points are often worth hundreds of dollars, and may even be enough to fly overseas in some cases.
    • Spending with program partners. Some credit cards partner with airlines, retailers, fuel providers or supermarkets to offer additional points when you spend money on your card with them. Check the credit card issuer’s website for details of participating partners, and try to shop with them more to boost your rewards.
    • American Express dual credit cards. To maximise points potential, some credit card issuers offer reward cards with both an AMEX and MasterCard or Visa. For example, the ANZ Frequent Flyer credit card, which earns 0.5 points per $1 on the Visa and 1 point per $1 on the AMEX card.
    • Supplementary credit cards. Requesting an additional credit card means you can share your account with a partner or family member, giving them a chance to use it for their spending and boost your points balance.
    • Gold, platinum and black cards. Gold, platinum and black credit cards are more premium than standard options, and many offer more points per dollar and/or higher points caps as a result.

    How do points caps work?

    Earning frequent flyer/ rewards points are capped or uncapped. Capped points allow you to earn points at the normal rate up to a specified amount during a given period e.g. 7,500 points per statement cycle. After you have reached the points cap you will either be unable to accumulate points for the remainder of the period or given a lower points earning rate for the remainder of the period.


     Redeeming rewards

    Choosing your frequent flyer program will ultimately depend on the type of rewards and benefits you are after. Redeeming frequent flyer points can be summarised into two types of main benefits 1) Airport/ flight benefits and 2) retail/ lifestyle rewards.

    • Airport/ flight benefits. Points can be used for flight upgrades, lounge benefits and other frequent flyer membership benefits.
    • Retail/ lifestyle rewards. Can benefit you at home or abroad. Get access to hotels, car rentals, travel insurance whilst overseas and shopping online. Frequent flyer programs can enrich your lifestyle at home with holiday benefits, food and wine, online shopping and even mobile phone and internet perks.

     FAQs about Redeeming Frequent Flyer Points

    How do I redeem points?

    While credit card and airline reward programs all have their own specific steps for redeeming or transferring points, the following steps can be used as a guide for most of online reward point redemptions:

    1. Log in to your reward account
    2. Check your point balance to see how many points you have to use
    3. Select the “Redeem” option
    4. Choose the type of redemption you want to make (e.g. “flights”)
    5. Select the specific option you want (e.g. single flight from Sydney to Melbourne)
    6. Follow the prompts to book or secure the reward; and
    7. Confirm the redemption.

    Some frequent flyer credit cards also give you a “points plus pay” option, which means you can use a combination of points and cash to redeem your reward.

    How can I claim missing points?

    Did you forget to quote your frequent flyer number at the time of booking or have your points not appeared in your account? Discover how you can claim missing points.

    How much are my credit card points worth?

    The value of credit card rewards depends on how much it costs to use the card vs. the amount of rewards you will earn. You can work it out easily using the following formula:

    TOTAL POINTS EARNINGS = (Estimated credit card spending x points earning rate) – Annual fee charge + (Estimated points earned on flights)

    How does this work?

    • Calculating the points earned from your credit card spending and their value against the annual fee will assess whether you are breaking even with the cost of receiving the frequent flyer benefits on the card.
    • Your frequent flyer activity includes all transactions that earn points, including destinations you will be visiting in the future/flights, eligible retail purchases, travel cards and other exclusive benefits.

    What rewards can I redeem?

    Credit card and frequent flyer reward programs offer a wide range of rewards that you can claim using your points, including:

    • Airfares
    • Flight upgrades
    • Accommodation
    • Travel packages
    • Gift cards
    • Jewellery
    • Electronics
    • Homewares
    • Cashback

    The amount of points required varies between redemptions, and not all of them are equal. For example, you need 10,200 points (or 6,900 plus $21.11) to redeem a one-way flight from Sydney to Melbourne via Virgin Australia’s Velocity Rewards, and 18,000 points to get a $100 gift card for Westfield.

    The different amounts of points required for each redemption has a direct impact on the value of your rewards, so comparing these costs before you use points will help you get more out of them in the long run.

    Back to top

     How to choose a frequent flyer program for you 

    This section will compare frequent flyer programs based on credit card points earnings. To learn the benefits of each frequent flyer program and decide which one suits your needs please see to the link below.

    Full guides to frequent flyer programs and benefits

    • 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 actually redeem Qantas Frequent Flyer points for Jetstar flights. There are also two Jetstar credit cards that earn Jetstar Dollars that can be used exclusively for flights with the airline and you won’t have to pay the booking fee.
    • 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 credit card. Otherwise, you can earn Membership Rewards with an American Express credit card and redeem these for Emirates 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.

    Frequent Flyer alliances

    Frequent flyer programs all have their own networks of partner and alliance airlines that let you earn and redeem points all around the world.

    oneworld alliance

    A network of 15 of the largest airlines in the world, including Qantas, British Airways, American Airlines, AirBerlin and Cathay Pacific. Any Qantas Frequent Flyer credit card will give you access to the oneworld alliance network, which means you can earn and spend your points with a broader range of airlines.

    Star Alliance

    This is the world’s largest airline association, with 28 different members including Singapore Airlines, Air Canada, Air China, Air New Zealand, Lufthansa, SWISS, THAI and United. You can gain access to the Star Alliance network by becoming a member of one of these airline loyalty programs, and can boost your points with an indirect earning frequent flyer credit card.

    Virgin Australia airline network

    While Virgin Australia is not a member of either of these networks, you can directly redeem Velocity reward points with it’s following network of partners: Delta Air Lines, Etihad Airways, Singapore Airlines, SilkAir and selected codeshare flights operated by Virgin America. Just select the “Book a Flight” option when redeeming, and choose where you want to go.

    Credit cards have become one of the most popular ways to earn frequent flyer points, with both direct and indirect ways to boost your balance when you pay with plastic. 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.

    Back to top

    Q&As about frequent flyer credit cards from our users

    How do I get complimentary access to lounges?

    You can compare and apply for cards that provide complimentary lounge access here.

    How many points do I need to fly from A to B?

    The number of points you’ll need will depend on the route you take and the status of your flight seat (e.g. business, first class). Most frequent flyer programs offer an online and free points calculator that can be used to estimate how many points you’ll need.

    Can I transfer my points to another program?

    This will depend on the program you’re with. Generally, this is a no. However, although you may not be able to directly transfer your points to another program, you can redeem your points with a partner airline for flights, upgrades and other rewards.

    What happens if my points expire?

    As a general rule, most frequent flyer points cannot be redeemed after they have been expired. Some will expire after a certain amount of time, whereas others will expire if your rewards account has remained inactive (meaning you haven’t earned or redeemed any points) over a particular period. Make sure to confirm when and how your points can expire before signing up.

    How many frequent flyer points do I have?

    To check your current points balance, you can either log in to your frequent flyer account or contact the airline directly.

    Was this content helpful to you? No  Yes
    American Express Essential Credit Card
    American Express Essential Credit Card

    Interest rate

    14.99

    Annual fee

    0
    More info
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card

    Interest rate

    19.99

    Annual fee

    149
    More info
    NAB Low Rate Credit Card
    NAB Low Rate Credit Card

    Interest rate

    13.99

    Annual fee

    59
    More info
    ANZ First Visa Credit Card - Exclusive Offer
    ANZ First Visa Credit Card - Exclusive Offer

    Interest rate

    19.74

    Annual fee

    30
    More info
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    125 Responses to Frequent Flyer Credit Cards

    1. Default Gravatar
      Roy | May 24, 2016

      Hi,

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

      Thanks.

      • Staff
        May | May 25, 2016

        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

    2. Default Gravatar
      Tom | February 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

      • Staff
        Debbie | February 2, 2016

        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
        Tom | February 2, 2016

        Hi Debbie,

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

        Cheers
        Tom

      • Staff
        Debbie | February 2, 2016

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

    3. Default Gravatar
      Chandy | December 13, 2015

      hi guys
      just wanted to ask
      how i could get a Frequent flyer Velocity Promo Code
      thank you v much
      Cheers,

      • Staff
        Debbie | December 15, 2015

        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

    4. Default Gravatar
      brian | October 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

      • Staff
        Jonathan | October 21, 2015

        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

    5. Default Gravatar
      Robyn | August 27, 2015

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

      • Staff
        Jonathan | August 27, 2015

        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

    6. Default Gravatar
      Mick | August 18, 2015

      Hello
      I have just received my Velocity Frequent Flyer Prepaid Card. I went to the Velocity Global Wallet to activate my card, but I’m lost as to the next step.
      Please advise.
      Thanks
      Mick.

      • Staff
        Jonathan | August 19, 2015

        Hi Mick,

        Thanks for your inquiry.
        To activate your Velocity Global Wallet, you will need to log into the Global Wallet Account Centre online and enter your 16-digits Velocity membership number and account password.
        Please refer to the link I have sent to your email for the Velocity Account Centre activation page.
        You might also want to check this page for further information about the Velocity Global Wallet.

        I hope this has helped.

        Cheers,

        Jonathan

    7. Default Gravatar
      Sarah | August 17, 2015

      Hi

      Can you advise when the St George 55,000 bonus points ended? I saw this before I applied in July?

      Thanks
      Sarah

      • Staff
        Jonathan | August 17, 2015

        Hi Sarah, thanks for your question!

        Unfortunately St.George does not currently have any rewards points promotions with the last offer ending approximately in April. You may like to refer to more Reward’s credit cards on this page.

        Cheers,

        Jonathan

    8. Default Gravatar
      Debbie | August 11, 2015

      When you earn Qantas flyer points, can these be used for Jetstar flights

      • Staff
        Jonathan | August 11, 2015

        Hi Debbie, thanks for your inquiry!

        Qantas points can be used to book both Qantas and Jetstar flights. You may like to compare Qantas Frequent Flyer cards on this page.

        Cheers,

        Jonathan

    9. Default Gravatar
      Macca | June 20, 2015

      When booking flights, does any program provide more chances of booking a flight on the dates of your choice?

      • Staff
        Jonathan | June 22, 2015

        Hi Macca, thanks for your inquiry!

        The availability of flights depends on a few factors including the desired booking date, how busy the flight season is, respective airline and the class/grade you are flying in (Economy, Business, First class).

        Cheers,

        Jonathan

    10. Default Gravatar
      Karthik | June 19, 2015

      Hi Team,
      I would like to get any credit cards which gives benefits to frequent flyers. I put up in Malaysia and am a frequent traveller to India. Could you assist me with any suitable credit cards or prepaid cards?

      Thanks and Regards
      Karthik

    Credit Cards Comparison

    Rates last updated June 29th, 2016
    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.
    14.99% p.a. 0% p.a. for 12 months $0 p.a. 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
    NAB Low Rate Credit Card
    The NAB Low Interest Visa Card offers 0% p.a. purchase and balance transfer offers for 15 months. Also comes with a low annual fee.
    0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 2% balance transfer fee $59 p.a. Go to site More info
    HSBC Platinum Qantas Credit Card
    Receive 40,000 bonus Qantas Points on eligible spend within 3 months. A balance transfer offer of 0% p.a. for 6 months with access to premium benefits and complimentary insurance.
    19.99% p.a. 0% p.a. for 6 months $199 p.a. Go to site More info

    * The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.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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