Travel Rewards Credit Cards

How do travel rewards credit cards work?

Travel rewards credit cards are very similar to air miles credit cards and frequent flyer credit cards, and may in some cases be one and the same. It will depend on what rewards are being offered for your points. Rewards cards may well include all manner of travel rewards, such as flights, cruises, hotel accommodation and car hire. We’ve also included cards that feature complimentary travel insurance. For more detail on these specific options see our section on cards with travel insurance.

HSBC Platinum Qantas Credit Card

Qantas Frequent Flyer Credit Card Offer

Take advantage of bonus 20,000 Qantas Points1 offer with a low interest rate on balance transfers.

  • 19.99% p.a. on purchases
  • 0% p.a. balance transfer for 6 months on application from non-HSBC credit cards
  • Cash Advance Rate of 21.99% p.a.
  • Insurance package available6 including Extended Warranty, Purchase Protection, Transit Accident and International Travel Insurance etc.
  • Additional cardholder fee $0

    Travel Rewards Credit Card Comparison

    Rates last updated September 23rd, 2014

    Interest rate (p.a.) Balance transfer rate (p.a.) Annual fee Points per $ spent
    St.George Amplify Platinum
    St.George Amplify Platinum
    Choose between 10,000 Amplify or Qantas bonus points. Uncapped points earning. 19.49% p.a. 0% p.a. for 9 months $99 p.a. VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    American Express Qantas Discovery Card
    American Express Qantas Discovery Card
    A no annual fee frequent flyer credit card with a low balance transfer offer of 0.99% p.a. for 6 months. Earn 1.000 Qantas Point per $1 spend. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    HSBC Platinum Qantas Credit Card
    HSBC Platinum Qantas Credit Card
    Receive 20,000 Bonus Qantas Points Plus earn 2 points for international purchases including online spend. Including a low balance transfer offer of 0% p.a. for 6 months. 19.99% p.a. 0% p.a. for 6 months $199 p.a. VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    American Express Platinum Rewards Credit Card
    American Express Platinum Rewards Credit Card
    5,000 bonus points offer when you are approved and meet the minimum spend requirement. Plus no annual fee for the first year. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. annual fee for the first year ($80 p.a. thereafter) VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    American Express Qantas Ultimate Card
    American Express Qantas Ultimate Card
    Receive up to 50,000 extra Qantas Points. Plus earn 1.000 points per $1 spend. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $450 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Coles No Annual Fee MasterCard
    Coles No Annual Fee MasterCard
    No annual fee credit card with flybuys points on everyday purchases. Plus earn 10,000 bonus points. 17.99% p.a. 0% p.a. for 6 months $0 p.a. VISA/MC: 0.50 AMEX: 0.00 Go to siteMore info
    ANZ Rewards Credit Card
    ANZ Rewards Credit Card
    50,000 bonus points on your first eligible purchase. Earn rewards points on your purchases, redeemable for a huge selection of rewards including shopping vouchers, gift cards, and travel. 18.79% p.a. $0 p.a. annual fee for the first year ($89 p.a. thereafter) (which includes a $34 annual account Fee and a $55 Rewards Program services fee) VISA/MC: 1.50 AMEX: 2.00 Go to siteMore info
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card
    A low balance transfer offer of 0% p.a. for 8 months. Earn bonus 10,000 rewards points with high credit limits, prestige services including a personal concierge service and VISA Platinum rewards program. 19.99% p.a. 0% p.a. for 8 months $0 p.a. VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    Coles Rewards Mastercard
    Coles Rewards Mastercard
    A low annual fee credit card with a low interest rate on balance transfers. Receive 10,000 bonus points. Limited time only. 19.99% p.a. 0% p.a. for 6 months $49 p.a. VISA/MC: 2.00 AMEX: 0.00 Go to siteMore info
    American Express Qantas Premium Card
    American Express Qantas Premium Card
    The card designed by travellers for travellers with a powerful Qantas Frequent Flyer earn rate of 1.000 points per $1 spend. Also you can earn up to 30,000 bonus Qantas Points. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $249 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Westpac Altitude Black
    Westpac Altitude Black
    Access a dedicated concierge & iPhone app, your own personal shopper and a range of complimentary travel and purchase insurances. 0% p.a. for 12 months (reverts to 20.24% p.a.) 3.99% p.a. for 6 months $395 p.a. VISA/MC: 1.25 AMEX: 3.00 Go to siteMore info
    American Express Velocity Escape Card
    American Express Velocity Escape Card
    Receive 7,500 Velocity bonus points when you spend $300 in the first 3 months, plus a $0 p.a. card fee. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Commonwealth Bank Awards Credit Card
    Commonwealth Bank Awards Credit Card
    A low interest rate with online security guarantee. Frequent Flyer Awards system, including Bonus Partner Reward Offers. 20.24% p.a. 5.99% p.a. for 5 months $89 p.a. ($59 for qualifying customers) VISA/MC: 1.00 AMEX: 1.50 Go to siteMore info
    Citibank Qantas Signature Credit Card
    Citibank Qantas Signature Credit Card
    Receive 50,000 bonus Qantas Points when you apply by 6 January 2015. Plus earn 1.000 Qantas Point per $1 spent on eligible purchases. 20.99% p.a. 0% p.a. for 6 months $299 p.a. (395) VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Virgin Australia Velocity Flyer Card - Balance Transfer Offer
    Earn triple Velocity points on purchases in the first 3 months plus a low balance transfer offer of 0% p.a. for 14 months 20.74% p.a. 0% p.a. for 14 months $129 p.a. VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    ANZ Frequent Flyer
    ANZ Frequent Flyer
    Get 50,000 bonus points once you spend $1,500 on eligible purchases within 3 months and earn up to 1.000 Qantas Points per $1 spent on purchases. 19.99% p.a. $95 p.a. (which includes a $40 annual account fee and a $55 Rewards Program services fee) VISA/MC: 0.50 AMEX: 1.00 Go to siteMore info
    American Express Platinum Edge Credit Card
    American Express Platinum Edge Credit Card
    Receive 10,000 Membership Rewards Bonus Points. Also receive discounted Virgin Australia flights each year. Plus a low balance transfer offer of 0.99% p.a. for 6 months 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $195 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    ANZ Rewards Platinum Credit Card
    ANZ Rewards Platinum Credit Card
    A dual card offer rewarding up to 3.000 points for every $1 spent on purchases plus 50,000 bonus points on your first eligible purchase. 18.79% p.a. $0 p.a. annual fee for the first year ($149 p.a. thereafter) (which includes a $94 annual account fee and a $55 Rewards Program services fee) VISA/MC: 1.50 AMEX: 3.00 Go to siteMore info
    ANZ Frequent Flyer Platinum American Express/Visa
    ANZ Frequent Flyer Platinum American Express/Visa
    Get 50,000 bonus points once you spend $1,500 on eligible purchases within 3 months and earn up to 1.500 Qantas Points $1 spent via AMEX. 19.99% p.a. $295 p.a. (which includes a $240 annual account fee and a $55 Rewards Program services fee) VISA/MC: 0.50 AMEX: 1.50 Go to siteMore info
    Commonwealth Bank Gold Awards Credit Card
    Commonwealth Bank Gold Awards Credit Card
    A low interest rate on purchases. Complimentary comprehensive travel insurance, 90 day purchase security cover and extended warranty on purchases. 20.24% p.a. 5.99% p.a. for 5 months $144 p.a. ($114 for qualifying customers) VISA/MC: 1.00 AMEX: 2.00 Go to siteMore info
    Westpac Earth Black
    Westpac Earth Black
    A low balance transfer offer of 3.99% p.a. for 6 months. Earn points with no cap, get dedicated concierge access and Fast-tracked Starwood Preferred Guest Gold Membership status 0% p.a. for 12 months (reverts to 20.24% p.a.) 3.99% p.a. for 6 months $395 p.a. VISA/MC: 0.625 AMEX: 1.50 Go to siteMore info
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Virgin Australia Velocity Flyer Card - 0% Interest Offer
    Earn Velocity Points plus an introductory interest free offer on purchases and balance transfers. Plus a low balance transfer offer of 0% p.a. for 14 months. 0% p.a. for 9 months (reverts to 20.74% p.a.) 0% p.a. for 14 months $129 p.a. VISA/MC: 1.00 AMEX: 0.50 Go to siteMore info
    ANZ Frequent Flyer Black
    ANZ Frequent Flyer Black
    Earn up to 50,000 bonus Qantas Points once you spend $1500 on eligible purchases within 3 months. 19.99% p.a. $425 p.a. VISA/MC: 0.75 AMEX: 1.50 Go to siteMore info
    Citibank Rewards Credit Card - Signature
    Citibank Rewards Credit Card - Signature
    Get 60,000 reward points on your first eligible purchase. Convert them to Qantas Points. 20.99% p.a. 0% p.a. for 6 months with 1% balance transfer fee $299 p.a. VISA/MC: 1.50 AMEX: 0.00 Go to siteMore info
    ANZ Black Rewards Credit Card
    ANZ Black Rewards Credit Card
    You could earn 50,000 bonus Rewards points on first eligible purchase. 18.79% p.a. $0 p.a. annual fee for the first year ($375 p.a. thereafter) VISA/MC: 2.00 AMEX: 3.00 Go to siteMore info
    Commonwealth Bank Platinum Awards Credit Card
    Commonwealth Bank Platinum Awards Credit Card
    A low interest rate with an international travel Insurance and extended Insurance/Purchase/Security benefits. 20.24% p.a. 5.99% p.a. for 5 months $280 p.a. ($250 for qualifying customers) VISA/MC: 1.00 AMEX: 2.50 Go to siteMore info
    Citibank Rewards Credit Card - Platinum Card
    Citibank Rewards Credit Card - Platinum Card
    Consolidate your debt with a low balance transfer offer of 0% p.a. for 24 months with 3% balance transfer fee and a host of platinum privileges. Earn up to 1.250 Citibank Reward points for every $1 spend. 20.99% p.a. 0% p.a. for 24 months with 3% balance transfer fee $199 p.a. VISA/MC: 1.25 AMEX: 0.00 Go to siteMore info
    Citibank Rewards Credit Card - Select
    Citibank Rewards Credit Card - Select
    Earn 60,000 bonus Qantas Points when you apply by 30 November 2014. Plus earn 1 Qantas Point per $1 spent on eligible purchases. 20.74% p.a. 0% p.a. for 6 months $700 p.a. VISA/MC: 2.00 AMEX: 0.00 Go to siteMore info
    Virgin Australia Velocity High Flyer Card
    Virgin Australia Velocity High Flyer Card
    Receive up to 20,000 bonus velocity points. Earn rate of 1.250 Velocity uncapped Points per $1 spent. A low balance transfer offer of 1.9% p.a. for 12 months. 20.74% p.a. 1.9% p.a. for 12 months $144 p.a. annual fee for the first year ($289 p.a. thereafter) VISA/MC: 1.25 AMEX: 0.00 Go to siteMore info
    American Express Velocity Gold Card
    American Express Velocity Gold Card
    Earn 15,000 bonus Velocity Rewards points if you apply and spend $500 within the first 3 months. Limited time offer. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $99 p.a. annual fee for the first year ($199 p.a. thereafter) VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Westpac Altitude Platinum Card
    Westpac Altitude Platinum Card
    Redeem Altitude points for flights on any of the world's major airlines including free insurance and travel benefits. Also a low balance transfer offer of 3.99% p.a. for 6 months. 0% p.a. for 12 months (reverts to 20.24% p.a.) 3.99% p.a. for 6 months $150 p.a. VISA/MC: 1.00 AMEX: 2.00 Go to siteMore info
    American Express Platinum Card
    American Express Platinum Card
    Receive 80,000 Membership Rewards Bonus Points when you spend $500 on your card. You can transfer points to a choice of 9 leading airline rewards programs, including the Qantas Frequent Flyer program. $1,200 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Westpac Altitude Business Gold Credit Card
    Westpac Altitude Business Gold Credit Card
    A complimentary travel insurance, purchase cover and no annual fee for the first year. Also receive a low balance transfer offer of for months. 0% p.a. for 12 months (reverts to 20.24% p.a.) $0 p.a. annual fee for the first year ($150 p.a. thereafter) VISA/MC: 1.00 AMEX: 2.00 Go to siteMore info
    Emirates Citibank World Card
    Emirates Citibank World Card
    Receive up to 40,000 bonus Skyward Miles and half price 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) VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info
    American Express Platinum Reserve Credit Card
    American Express Platinum Reserve Credit Card
    Receive a complimentary Virgin Australia economy return flight to an international or domestic destination plus complimentary overseas travel insurance when travelling. 20.74% p.a. 0.99% p.a. for 6 months with 1% balance transfer fee $395 p.a. VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    American Express Green Card
    American Express Green Card
    A charge card rewarding your everyday spend. Redeem points for gift cards, or transfer points across 8 leading airline rewards partners. $80 p.a. ($80 Membership Rewards fee (optional)) VISA/MC: 0.00 AMEX: 1.00 Go to siteMore info
    Bank of Melbourne Amplify Classic
    Bank of Melbourne Amplify Classic
    Earn Amplify points on purchases to redeem for gift cards, appliances, events and experiences, travel through Amplify Travel. Plus a low balance transfer offer of 0% p.a. for 9 months. 19.49% p.a. 0% p.a. for 9 months $79 p.a. VISA/MC: 1.00 AMEX: 0.00 Go to siteMore info

    Table of Contents: Guide to Travel Rewards Credit Cards

    How to earn points with a travel rewards credit card

    • Spend money and shift regular spending. You earn points on a travel rewards credit card as you would accumulate points on any rewards credit card – by spending money on it. It’s important to check what an eligible purchase is in order to gain points. Moving your regular expenses over to your travel rewards credit card could add many hundreds of dollars to your balance, and it will all count. However, you must be careful if you do this. If you fail to clear your debt, you will be charged interest, and that will far outweigh any benefits derived from your points.
    • Loyalty purchases made with credit card partners. It may be the case that you can accumulate bonus points when you spend with the travel companies that are partnered with the credit card. It therefore pays to know exactly which these partners are, so you can take full advantage of any spending you are about to do in a related area.
    • Introductory bonus points. Look out for introductory offers on your travel rewards credit card, where more points per dollar can be awarded for the first one to three months. Or you may receive a large lump sum of points just by making an initial purchase. Bonus points are certainly worth claiming as they can often be enough for you to claim your first reward. Beyond this time, also keep an eye out for any special offers on the credit card’s website.

    Be aware that points will not be awarded for any cash transactions made on the card, nor any balance transfers made to it. They are only gained when you spend on purchases or services.

    What are my points worth?

    Points earned per dollar will vary according to the provider and the prestige of the credit card, on average it’s one point per dollar spent. To find out how much you could be earning, please make sure you check the terms and conditions. While you need to know how many points per dollar you will earn, it’s more important to know how much dollar value is then assigned to your points upon redemption.

    How can I check how many points I have?

    This will normally be listed on your credit card statement, but if you want to keep a more regular check on things, you can go to the card’s website and check your personal account. You will need to be registered for this, but that only takes a few minutes to set up.

    What sort of rewards can I get?

    This will again depend on your credit card provider, but the types of rewards you can normally expect with a travel rewards credit card are mostly travel-related. These will include flights, brochure holidays, hotel accommodation, car rental, days out, and more. You may also find offers outside the travel arena. This is another area for you to research beyond the headlines so you can be sure the card suits your purposes and the kind of rewards you are after.

    How do I redeem my points?

    Your credit card provider will have a website where you can check how many points you have accumulated on your travel rewards credit card. It will also show you what rewards are available and how many points you will need to claim them. If you are happy that you want to go ahead and make a redemption, then you will be able to do so via the site or over the phone with a customer service representative. You should be able to claim a reward even if your points fall short by making up the remainder in cash.

    Pros and cons of travel rewards cards

    • PROS
    • Pay your bills and earn points. As long as you pay the balance off every single month, you’ll start to see the points piling up.
    • Free points for paying on time. Some travel rewards cards offer the incentive of extra air miles/frequent flyer points if you pay more than the minimum amount every month, pay on time, or pay it off in full, so be sure to compare cards before you settle for one and see which would suit your lifestyle.
    • Bag a free flight. Regular long-haul travellers are able to amass points at an astonishing rate if they use their credit card to pay for their travels, as well as everyday goods. The points earned can then be exchanged for a flight, part of a flight, or upgrade. Although, you really do need to use your credit card regularly before you’re able to accumulate a large number of points.
    • Complimentary travel Insurance. Insurance can be costly, so take advantage of the travel insurance deals linked to many rewards cards. Even if the card comes with an annual fee, buying separate travel insurance will often cost more.
    • Earn points through partners. Most deals linked to travel reward cards will allow members to earn points through a number of affiliated businesses. For example, members could earn double points when they stay at partner hotels, or when they hire a car through Avis or Budget.
    • Redeem points on partner carriers. While most travel rewards cards are affiliated to one particular airline, you can use points earned to book flights on partner airlines. For example, Qantas is part of the oneworld alliance, so you can redeem points on other oneworld alliance carriers, such as British Airways, American Airlines, Cathay Pacific, Jetstar and more.
    • CONS
    • Points real worth. It takes a considerable amount of time to accumulate points when using your credit card as the offers available are generally 1 point for every $1 spent, and sometimes you need to spend $2 to get 1 point, depending on what credit card you have. But to really understand the system you need to look at what the points are worth in real terms.

    What are my points really worth?

    You may earn 21,000 frequent flyer points on a return trip from London to Melbourne with Qantas, but to earn the 21,000 by using your credit card, if you spend $400 a month it would take just over 52 months, that’s almost 4½ years, to accumulate the same amount of points. And if you use their Points and Pay system, which allows you to offset points against part-payment on a flight, 21,000 points gets you a whopping $150 off a flight from Melbourne to Broome. Not much for 4½ years of constant card usage. However, if you choose to directly redeem the points on a flight, 22,000 points can get you a return economy flight from Melbourne to Adelaide.

    Killer upgrades

    With Qantas, you need 24,000 to upgrade from Economy to Premium Economy, so using the same example of $400 per month spend on your card, it would take 5 years to accumulate the points. And if it’s 60,000 to upgrade to Business, you could have nurtured a preteen by the time you’re able to sit at the pointy end of the plane.

    • Hidden costs. Remember, when you redeem your points on flights you may need to pay surcharges, fees and taxes, which vary from country to country and airport to airport.
    • Pay per month. While it’s important to pay your credit card off every month, not everyone does, no matter how good their initial intentions. If you do get into the habit of not paying the balance off regularly you’ll end up in so much debt there’s no chance you’ll be able to afford a holiday, and therefore you may lose your accumulated points.
    • Point depreciation. The old saying, “You snooze, you lose”, applies here. If you let the points sit on your card for too long they will be worth less in monetary value over the years, and therefore won’t take you as far, so remember to redeem them regularly.
    • Limited lifetime. Most airline carriers that have a frequent flyer system have limitations on the life of the points. However, it only applies to non-active members. So, if you have points accumulated but you haven’t earned or redeemed any with your affiliated airline you will lose the points after a set timeframe.

    How to compare travel rewards credit cards

    The key point when you compare travel rewards credit cards is to realise that you should also be looking to compare these cards with air miles credit cards and frequent flyer credit cards, because they may well possess practically all the same benefits. Equally, you could take a look at regular credits cards, because many also offer air miles and travel rewards.

    Who are travel reward cards best suited to?

    • Regular flyers. A travel rewards credit card will have as part of its rewards the option to exchange points for flights. This means they are great for anyone who flies frequently, whether for personal reasons or as a self-employed businessperson who has to pay for their own tickets. If you are already a member of a frequent flyer program, adding points from a travel rewards credit card will be a sensible move. Most credit cards of this type give a choice of partner airlines.
    • Holidaymakers and travellers. Anyone who likes to get away for a few days or weeks on a regular basis will benefit from this type of card because they will be able to offset part of the cost by supplementing with their rewards.
    • Credit card users. If you use a credit card for your spending, then you are already doing the hard part, namely spending. Therefore you may as well get something back for your outlay, and travel rewards should offer something for everyone.

    Travel rewards credit cards may not suit

    • Stay-at-home types. If you don’t get the travel bug much, then you may want to consider a more regular rewards credit card.
    • Reckless souls. If you are prone to spending on your credit card without good reason, then a travel rewards credit card may not be a good idea.
    • Poor credit cases. A good credit rating is required to apply for any rewards credit card. Making an application that will fail due to a poor rating will only serve to lower your credit score even further.

    What should I look for when I compare travel rewards credit cards?

    This is a very important question when you compare travel rewards credit cards. You need to know how your spending will be rewarded, and what exactly are the main determining factors that make the card one you should grab, or one you should avoid.

    • The partners involved. You need to know which airlines, companies or services are partnered with the credit card rewards program. They must offer rewards you already use, or could be reasonably excited about using.
    • The variety of rewards. How limited are the rewards on offer? Travel-related rewards should include flights, holidays, hotel stays, cruises, car hire, airport parking, etc. But are there other rewards outside the travelsphere? This may be important if you suddenly find yourself in a position if you are unable to travel.
    • Air miles & frequent flyer schemes. Are the airlines involved ones that fly routes of interest to you? Does the credit card require you to join an airline’s frequent flyer program. If so, is it complimentary?
    • Bonus points and introductory incentives. Does the card offer bonus points for the first one to three months of card ownership? These will often allow you to earn double or treble the average one point per dollar. This could allow a reward to be claimed pretty quickly.
    • How many points per dollar? This is very important and you will normally find an ongoing exchange of one to one. However, you must investigate the value of your points when it comes to redemption. Different programs assign different values to their points.
    • Extra benefits. This may include free travel insurance. You may have to pay a fee for an air miles program that offers this, or it may well come standard with gold or platinum cards.
    • Program fees. Annual fees for rewards schemes can make the difference between a program earning you or costing you. If your travel rewards credit card involves an annual fee for the rewards program, on top of annual card fee, then you must do some calculations to make sure this will not outweigh any benefits derived from it. The fees involved in a more prestigious platinum credit card may be justified by the associated perks, but this will depend very much on the level and type of use.
    • Don’t forget the usual suspects. Don’t forget when you compare travel rewards credit cards to check out the Annual Percentage Rate, the annual credit card fee, the amount of interest-free days, and any charges that could be applied if you break the terms and conditions.

    Tips for travel reward cards

    Don’t overspend for any reason, especially not to earn extra points. If you spend so much on your card that you are unable to pay off your balance every month, then you will attract interest charges that may well negate the value of the points you earn.

    Points are only awarded on purchases and services; they are not awarded for cash transactions such as ATM withdrawals or buying foreign currency or traveler’s cheques.

    You cannot properly compare travel rewards credit cards if you do not read the Terms & Conditions for each of the cards of interest to you. This must be done before signing on the dotted line so you are aware what you are getting into, and what you will get out of it.

    How to use a travel rewards card

    Travel rewards credit cards earn points when you spend on them. That does not mean with should go crazy and buy items you don’t need, but as you probably chose the card for the purpose of points building, you ought really to start racking some up. These are a few areas you might consider to increase the points on your card without starting to spend for the hell of it.

    • Monthly expenses. The more you spend on your travel rewards credit card, the more points you will accumulate. Making purchases and paying for services will all count. That means you could certainly look to shift some of your regular spending to your travel rewards credit card to bump up the monthly balance. This may include groceries, fuel for your car, utility bills, mobile phone bills. The caveat here is that you are not left with a debt you cannot clear. Interest charges will destroy the value of the points you have earned. If you use a credit card where you once used cash or debit card, you must still set aside that money to cover your credit card bill at the end of the month.
    • Be loyal. Provided it suits you, use the credit card’s partner companies to earn extra points. Switch your allegiance to any affiliated hotel chains, travel operators, or car rental companies. Using your credit card at these places may earn you extra loyalty points.
    • “Honeymoon” offers. Make use of any introductory offers on your travel rewards credit card before they expire, which may be in one to three months. These may enable you to build up a mass of bonus points very quickly, and even earn a reward straight away.
    • Additional cards. You might think of adding another cardholder to your account so that their spending will also count towards your points.
    • Be a martyr. Pay for group or family purchases, such as holidays, with your travel rewards credit card to build up points. Look a bit hard-done-by when you do it so they don’t know what you’re up to, then get the cash back from them.
    • Use your credit card more frequently. The majority of airline miles credit card rewards programs offer you points for each dollar you spend on your card. It makes sense that by using your card to pay for expenses, bills and purchases, you’ll be accruing points more quickly. However, if you’re paying for your expenses each month using your credit card, it’s important to remember to pay down your balance as quickly as possible. Otherwise you could find that you’re paying huge amounts of interest that could cost you far more than the rewards you’re receiving.
    • Shop with bonus partners. Your credit card rewards program should offer you a list of retailers and stores that are bonus partners. When you shop at these outlets, you could be awarded bonus points. By using your credit card to pay for the purchases at these stores, you’ll effectively be earning far more points than you normally would by shopping at a different outlet.
    • Fly more frequently. There are several incentives offered by many airline card rewards programs that help you boost your points when you fly more frequently. You could earn points for purchasing your airline tickets, which means several short domestic flights could earn you more points than one longer, international flight.
    • Pay for flights using your credit card. When you use your credit card to pay for your flights, you could be earning more than just the airline card rewards points. You could also earn bonus points, a preferential interest rate or other travel perks, too.
    • Ask for credit card rewards points. You might be surprised by the range of airline card rewards available on various goods and services. Most people just don’t ask if there are points available on the things they buy. You could find you’re earning reward points on things like hotel accommodation, car rentals, real estate agent’s fees, insurances and plenty of others.
    • Shop around for a better credit card offer. You could easily maximise your airline card rewards points by shopping around for a better credit card deal offering a better rewards program. Use an online credit card comparison site to see if another credit card provider can offer you a better deal on earning more airline rewards points.

    Spend wisely on your card

    • Stay within your budget. Keep the ‘monthly expenses’ advice at the top in mind for all your purchases, so that you can always pay off your credit card in full every month. Unavoidable expenses are one thing, but willfully spending beyond your means for any reason is poor practice.
    • Avoid cash transactions and balance transfers. These should not occur on your travel rewards credit card. They will not earn you any points and could cost you dearly. Cash withdrawals are charged at a higher rate than your purchases, and are not subject to your interest-free days. They will also attract a cash-handling fee. Balance transfers, even with a fantastic 0% deal, could cause trouble all their own.

    Now you know everything there is to know about Travel Rewards Credit Cards!

    Go back to the top of this page, and start a comparison!

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    Credit Cards Comparison

    Rates last updated September 23rd, 2014
    Interest rate (p.a.) Balance transfer rate (p.a.) Annual fee Cash advance rate (p.a.)
    ANZ Low Rate
    ANZ Low Rate
    A low rate on purchases, balance transfer and a low annual fee. 13.49% p.a. 0% p.a. for 16 months $58 p.a. 21.74% p.a. Go to siteMore info
    Westpac 55 Day Platinum Card
    Westpac 55 Day Platinum Card
    Exclusive Offer to finder.com.au. 0% p.a. for 12 months on Purchases
    $0 annual fee with platinum benefits including a platinum concierge service, overseas travel insurance, extended warranty cover and purchase security cover.
    0% p.a. for 12 months (reverts to 19.84% p.a.) 3.99% p.a. for 6 months with 1% balance transfer fee $0 p.a. 21.29% p.a. Go to siteMore info
    HSBC Platinum Credit Card
    HSBC Platinum Credit Card
    Earn rewards points plus a balance transfer offer. Access to prestige services including a personal concierge service and VISA Platinum reward program. 19.99% p.a. 0% p.a. for 8 months $0 p.a. 21.99% p.a. Go to siteMore info
    Bankwest Breeze MasterCard - Exclusive Offer
    Bankwest Breeze MasterCard - Exclusive Offer
    Exclusive Offer to finder.com.au
    Enjoy interest-free shopping for 13 months with 0% p.a. on purchases.
    0% p.a. for 13 months (reverts to 12.24% p.a.) $59 p.a. 21.99% p.a. Go to siteMore info
    Coles No Annual Fee MasterCard
    Coles No Annual Fee MasterCard
    10,000 bonus flybuys points offer and a low balance transfer rate. 17.99% p.a. 0% p.a. for 6 months $0 p.a. 17.99% p.a. Go to siteMore info

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