Top Five Credit Card Providers Rewards Schemes

5 Featured Credit Card Rewards Schemes

The Top Five credit card providers dominate the Australian credit card market, but their credit card offerings aren’t always the same. With cards offering low rates, low fees, balance transfers and rewards schemes, it’s becoming more difficult for customers to find the right one to suit them.

ANZ Frequent Flyer Credit Card

Do you want to start earning Qantas Frequent Flyer points on your purchases? The ANZ Frequent Flyer Visa comes with both an AMEX and a Visa credit card – with your AMEX you will have greater points earning, and greater acceptance with your Visa credit card

• $95 annual fee
• 19.74% p.a. on purchases
• Cash Advance Rate of 20.99% p.a.
• 44 days interest free
• Minimum Income Requirement of $15,000 p.a.

Read the ANZ Frequent Flyer terms and conditions.

Top Five Credit Card Providers Rewards Schemes

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	American Express Velocity Platinum Card	Newly Launched Velocity Reward Card: 2 for 1 Business Class Flexi Fares with V Australia, Complimentary Virgin Australia Domestic Flight Every Year, 3 Velocity Points per $1 spent with the Virgin Australia group of Airlines.	20.74%		$349
	Virgin Flyer Credit Card	Earn 1 Velocity Point per $1 spent up to $1,500 per month, then 1 Velocity Point for every $2. Get 4 complimentary flights every year.	20.99%	1.9% for 9 months	$99	20.99%
	ANZ Frequent Flyer	For a limited time, receive 10,000 bonus Qantas Frequent Flyer points.	19.74%		$95	20.99%
	Citibank Rewards Credit Card – Platinum Card	Consolidate your debt with a low balance transfer offer and a host of platinum privileges. Earn Citibank Reward points for every $1 spend.	20.99%	0.9% for 9 months	$199	21.74%

Below is a quick guide to most common credit card providers:

Commonwealth Bank

The Commonwealth Bank offers account holders two credit cards linked to the same account. You’ll receive a MasterCard and an American Express card, both linked to the same credit limit and shown on the same statement each month.

The benefit to customers is that they can earn 1.5 Awards points for every $1 they spend using the American Express card. Gold card holders will earn 2 points per $1 spent and Platinum card holders can earn 3 points per $1 spent on the American Express. However all MasterCard purchases are rewarded with 1 point per $1 spent.

Points can be redeemed for rewards that include flights, shopping and entertainment.

ANZ

ANZ is one of the top five credit card providers offering rewards schemes because of their ANZ Rewards scheme. Standard and Gold Visa card holders can earn 1 point for every $1 spent using their credit card.

Points are redeemable for a great range of Frequent Flyer miles that include Virgin Australia Velocity Points, Air New Zealand Airpoints Dollars, Singapore Airlines KrisFlyer Miles and Cathay Pacific Miles. Customers also have the option to redeem points for homewares, electrical goods and gift cards, if they prefer.

Westpac

The Westpac Altitude cards are given a choice of either a Visa or MasterCard, but they’re also given an American Express card as part of the same credit limit. Customers will earn 2 Altitude points per $1 spent using the AMEX and 1 point per $1 spend on the Visa or MasterCard. Altitude points can be redeemed for an extensive range of items, including flights, gift cards, homewares, electrical goods, entertainment and even cash back.

NAB

The NAB makes the top five credit card providers with their range of credit cards offering rewards schemes. Most of their rewards programs are links to Qantas Frequent Flyer miles, Velocity Points or FlyBuys schemes to give customers plenty of choice for redeeming rewards.

Citibank

Citibank has been working diligently to try and end the dominance of Australia’s ‘Big Four’ banks, offering great rewards scheme credit cards. Customers will earn 1 point for every $1 they spend using their credit card and points can be redeemed for a great range of rewards, including travel, gifts and experiences.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%