Frequent Flyer Credit Cards with Travel Insurance

Information verified correct on September 23rd, 2016

Earn rewards as you spend and save when you travel with frequent flyer credit cards with complimentary travel insurance

Travel insurance is usually complimentary when airline ticket/s are purchased with the Frequent Flyer Credit Card or by redeeming accumulated FF reward points. Check which card will provide the most cover for the least amount of fees by comparing the various choices on offer.

Citi Qantas Signature Credit Card

Citi Credit Card Offer

Benefit from complimentary international travel insurance cover, a promotional balance transfer rate and discounted annual fee for the first year. Receive 70,000 bonus Qantas Points when you spend $3,000 in the first three months.

  • $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.

Frequent Flyer Credit Cards with Complimentary Travel Insurance

Rates last updated September 23rd, 2016.

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

Balance transfer offer has been extended until 30 September 2016.

August 25th, 2016

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

Balance transfer period changed from 14 to 18 months and is valid until 30 September 2016.

August 25th, 2016

HSBC Platinum Qantas Credit Card

Bonus points offer has been changed from 40,000 to 60,000 and extended until 31 December 2016.

September 1st, 2016

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Bonus Points Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Citi Qantas Signature Credit Card
Earn up to 70,000 bonus Qantas Points on eligible spend, plus enjoy a 0% p.a. for 6 months offer on balance transfers.
70,000 bonus points 20.99% p.a. 0% p.a. for 6 months $99 p.a. annual fee for the first year ($395 p.a. thereafter) 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.
60,000 bonus points 19.99% p.a. $199 p.a. Go to site More info
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
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.
50,000 bonus points 18.79% p.a. $95 p.a. Go to site More info
American Express Qantas Ultimate Card
Enjoy 50,000 bonus Qantas Points when you meet the minimum spend requirement and earn up to 3 Qantas Points for every $1 spent. Also enjoy a complimentary return flight every year.
50,000 bonus points 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
ANZ Frequent Flyer Black
Earn up to 75,000 bonus Qantas Points after you make your first eligible purchase within 3 months of card approval plus earn 1.5 points per $1 spent. Easier payments with Apple Pay.
75,000 bonus points 19.99% p.a. $425 p.a. Go to site More info
ANZ Frequent Flyer Platinum
Get 50,000 bonus Qantas Points after first eligible purchase is made within three months. Earn up to 1.5 Qantas Points per $1 spent on purchases.
50,000 bonus points 19.99% p.a. $295 p.a. Go to site More info
St.George Amplify Platinum
This card features a balance transfer rate of 12% p.a. for 18 months, 1% p.a. for 12 months on purchases and an annual fee waiver for the first year.
1% p.a. for 12 months (reverts to 19.49% p.a.) 0% p.a. for 18 months $0 p.a. annual fee for the first year ($99 p.a. thereafter) 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 0% p.a. for 12 months on balance transfers and receive a complimentary Virgin Australia domestic economy return flight every year.
10,000 bonus points 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $195 p.a. 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.
30,000 bonus points 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $249 p.a. Go to site More info
American Express Platinum Card
Receive 80,000 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 800 VIP airport lounges.
80,000 bonus points $1,200 p.a. Go to site More info
NAB Velocity Rewards Premium Card
0% p.a. on purchases and balance transfers for 15 months and 20,000 bonus Velocity Points when you make an everyday purchase in the first 90 days of opening your account. You gain both Visa and American Express cards which are linked to one single account and annual fee.
20,000 bonus points 0% p.a. for 15 months (reverts to 19.99% p.a.) 0% p.a. for 15 months with a one off 2% balance transfer fee $150 p.a. Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Receive 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.
30,000 bonus points 20.74% p.a. 0% p.a. for 6 months $144 p.a. annual fee for the first year ($289 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.
50,000 bonus points 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
Emirates Citi World MasterCard
Enjoy up to 10% off Emirates flights on your first spend when you book before 31 December 2016. Also pay a reduced annual fee for the first year.
20.99% p.a. 0% p.a. for 9 months $149 p.a. annual fee for the first year ($299 p.a. thereafter) Go to site More info
Citi Rewards Platinum Card - Cashback Offer
Earn $250 cashback on eligible spend, plus enjoy 0% p.a. balance transfer offer for 12 months, discounted annual fees for the life of the card and a complimentary travel insurance.
20.99% p.a. 0% p.a. for 12 months $99 p.a. annual fee for the first year ($199 p.a. thereafter) Go to site More info
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Key features of frequent flyer credit cards

Even though these credit cards may differ in certain aspects, most frequent flyer credit cards with travel insurance give a similar reward offering. Usually, credit cards are grouped into categories such as Gold and Platinum with each having different eligibility criteria and rewards attached to it. When comparing Platinum Frequent Flyer Credit Cards with Travel Insurance, for example, the following features usually apply.

What does complimentary travel insurance usually include?

The complimentary travel insurance on frequent flyer credit cards typically covers the cardholder for both domestic and international travel, but should be confirmed. Other insurance covers include the following:

  • Main cardholder’s include: 
    • Children
    • Spouse
  • Medical emergency expenses
  • Repatriation
  • Travel inconvenience
    • Travel cancellations
    • Flight interruptions
    • Missed connection flights
    • Flight and baggage delays
  • Personal liability
  • Documents, money and baggage
  • Purchase protection for items when:
    • Stolen
    • Damaged
    • Refund protection
  • Fraud protection. Internet fraud loss protection for online purchases
  • Overseas support. Emergency cash advances and card replacements

Eligibility Criteria

In order to be considered for a Frequent Flyer Credit Card with Travel Insurance, individuals will need to pass certain qualification criteria. These usually include:

  • Age. Individuals of 18 years and older
  • Permanent residents of Australia.
  • Minimum annual income. Usually around $40,000
  • Credit rating. Good credit record

Credit limits given are usually decided by income levels and credit rating status.

Other factors to consider

Various rewards and offerings have been designed to cater for numerous individual circumstances. Card fees could range from $0 to over $300 per annum, and should therefore not be overlooked. Compare the following:

  • Annual fees. Annual card fees for the main cardholder and supplementary cards.
  • Purchase rate. Interest rates charged on purchases.
  • Balance transfer features. Balance transfer fee, rates and period.
  • Frequent Flyer Points. How many points you can earn per $1 spent and whether any points caps apply.
  • Reward points. Earning rates, types of rewards available for redemption.
  • Cash advance rates. If you are going to use cash withdrawals you will have to take the cash advance interest rate into consideration.

Also look out for any introductory promotions offered, especially when considering the interest rate charges on the card. Some banks may even offer a zero percent interest rate for the first 6 months on purchases, but may charge higher rates thereafter. Some cards also offer both a frequent flyer points system with an additional reward system depending on the specific rewards program.

There are a number of Frequent Flyer Credit Cards with Travel Insurance available to individuals who frequently travel by air. This is good news for consumers as this means that competition between banks are fierce, and therefore highly competitive. Look beyond promotional introductory offers to determine which card will have the lowest interest rates and charges before making a final decision.

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4 Responses to Frequent Flyer Credit Cards with Travel Insurance

  1. Default Gravatar
    mike | June 11, 2014

    does my ANZ platinum card give me travel insurance overseas when I purchase the travel?

    • Staff
      Shirley | June 12, 2014

      Hi Mike,

      Thanks for your question.

      Yes the ANZ Platinum card offer travel insurance. Please see this page for eligibility requirements.

      Cheers,
      Shirley

  2. Default Gravatar
    Margaret | January 18, 2014

    With the HSBC Credit Card it says you ‘might’ receive 20,000 reward points. What are the eligible requirements to receiving the 20,000 award points?

    • Staff
      Matt | January 20, 2014

      Hi Margaret,

      Thanks for your question – the bonus 20,000 points comes when you make an eligible purchase within 3 months of applying.
      Cheers
      Matt

Credit Cards Comparison

Rates last updated September 23rd, 2016
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
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 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

* 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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